DE CHAPPER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DE CHAPPER
Largest movements
- Tangible fixed assets -€46,484
down €46,484 (-9.4%), from €496,133 to €449,649
of which Furniture and vehicles: -€27,261
- Cash -€22,099
down €22,099 (-55.6%), from €39,748 to €17,649
mainly Debts after one year (-€58,483) and Trade debts (-€14,624)
- Receivables within one year +€13,773
up €13,773 (+51.2%), from €26,901 to €40,675
of which Trade receivables: +€20,141
- Debts after one year -€58,483
down €58,483 (-16.5%), from €355,104 to €296,621
- Trade debts -€14,624
down €14,624 (-24.8%), from €59,065 to €44,441
- Reserves +€12,163
up €12,163 (+15.8%), from €76,968 to €89,131
- Gross operating margin +€13,385
up €13,385 (+19.5%), from €68,613 to €81,998
- Depreciation +€11,231
up €11,231 (+31.9%), from €35,253 to €46,484
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €569,191 | €512,062 | -€57,128 | -10.0% |
| Fixed assets | 21/28 | €496,268 | €449,784 | -€46,484 | -9.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €496,133 | €449,649 | -€46,484 | -9.4% |
| Land and buildings | 22 | €333,193 | €315,940 | -€17,254 | -5.2% |
| Plant, machinery and equipment | 23 | €9,187 | €7,217 | -€1,970 | -21.4% |
| Furniture and vehicles | 24 | €146,075 | €118,814 | -€27,261 | -18.7% |
| Other tangible fixed assets | 26 | €7,678 | €7,678 | = | 0.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €72,923 | €62,279 | -€10,644 | -14.6% |
| Amounts receivable within one year | 40/41 | €26,901 | €40,675 | +€13,773 | +51.2% |
| Trade receivables | 40 | €13,912 | €34,054 | +€20,141 | +145% |
| Other amounts receivable | 41 | €12,989 | €6,621 | -€6,368 | -49.0% |
| Cash at bank and in hand | 54/58 | €39,748 | €17,649 | -€22,099 | -55.6% |
| Deferred charges and accrued income | 490/1 | €6,274 | €3,956 | -€2,318 | -36.9% |
| Total equity and liabilities | 10/49 | €569,191 | €512,062 | -€57,128 | -10.0% |
| Equity | 10/15 | €86,968 | €99,131 | +€12,163 | +14.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €76,968 | €89,131 | +€12,163 | +15.8% |
| Distributable reserves | 133 | €76,968 | €89,131 | +€12,163 | +15.8% |
| Amounts payable | 17/49 | €482,223 | €412,931 | -€69,292 | -14.4% |
| Amounts payable after more than one year | 17 | €355,104 | €296,621 | -€58,483 | -16.5% |
| Financial debts | 170/4 | €355,104 | €296,621 | -€58,483 | -16.5% |
| Amounts payable within one year | 42/48 | €126,553 | €114,709 | -€11,843 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €61,451 | €63,280 | +€1,829 | +3.0% |
| Financial debts | 43 | €1,698 | €1,267 | -€431 | -25.4% |
| Credit institutions | 430/8 | €1,698 | €1,267 | -€431 | -25.4% |
| Trade debts | 44 | €59,065 | €44,441 | -€14,624 | -24.8% |
| Suppliers | 440/4 | €59,065 | €44,441 | -€14,624 | -24.8% |
| Taxes, remuneration and social security | 45 | €2,673 | €4,055 | +€1,382 | +51.7% |
| Taxes | 450/3 | €173 | €2,305 | +€2,132 | +1,235% |
| Remuneration and social security | 454/9 | €2,500 | €1,750 | -€750 | -30.0% |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €566 | €1,601 | +€1,035 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,253 | €46,484 | +€11,231 | +31.9% |
| Other operating charges | 640/8 | €5,229 | €5,189 | -€40 | -0.8% |
| Gross operating margin | 9900 | €68,613 | €81,998 | +€13,385 | +19.5% |
| Operating profit (loss) | 9901 | €28,130 | €30,325 | +€2,195 | +7.8% |
| Financial income | 75/76B | €358 | €312 | -€46 | -12.8% |
| Recurring financial income | 75 | €358 | €312 | -€46 | -12.8% |
| Financial charges | 65/66B | €9,275 | €9,985 | +€710 | +7.7% |
| Recurring financial charges | 65 | €9,275 | €9,985 | +€710 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €19,212 | €20,651 | +€1,439 | +7.5% |
| Income taxes | 67/77 | €7,364 | €6,822 | -€542 | -7.4% |
| Profit (loss) for the period | 9904 | €11,849 | €13,829 | +€1,981 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,849 | €13,829 | +€1,981 | +16.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.