F. CHOUFFART: 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.
F. CHOUFFART
Largest movements
- Tangible fixed assets -€17,346
down €17,346 (-33.0%), from €52,638 to €35,292
of which Furniture and vehicles: -€18,001
- Receivables within one year +€5,860
up €5,860 (+23.9%), from €24,488 to €30,347
of which Trade receivables: +€5,463
- Cash -€2,878
down €2,878 (-18.5%), from €15,580 to €12,702
mainly Other debts (-€6,975) and Net result for the year (-€6,610)
- Deferred charges and accrued income +€1,423
up €1,423 (+42.3%), from €3,360 to €4,783
- Financial fixed assets -€1,295
down €1,295 (-39.1%), from €3,310 to €2,015
- Other debts -€6,975
down €6,975 (-18.7%), from €37,362 to €30,386
- Profit (loss) carried forward -€6,610
down €6,610 (-46.6%), from -€14,192 to -€20,802
- Tax, wage and social debts -€3,317
down €3,317 (-37.7%), from €8,791 to €5,475
of which Remuneration and social security: -€3,232
- Trade debts +€2,759
up €2,759 (+1681.9%), from €164 to €2,923
- Staff costs -€21,929
down €21,929 (-47.8%), from €45,923 to €23,993
- Gross operating margin -€17,314
down €17,314 (-30.4%), from €56,962 to €39,648
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.
Cash bridge derived
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 | €114,848 | €100,514 | -€14,334 | -12.5% |
| Fixed assets | 21/28 | €55,948 | €37,307 | -€18,641 | -33.3% |
| Tangible fixed assets | 22/27 | €52,638 | €35,292 | -€17,346 | -33.0% |
| Plant, machinery and equipment | 23 | €1,334 | €2,292 | +€958 | +71.8% |
| Furniture and vehicles | 24 | €48,634 | €30,633 | -€18,001 | -37.0% |
| Other tangible fixed assets | 26 | €2,670 | €2,368 | -€302 | -11.3% |
| Financial fixed assets | 28 | €3,310 | €2,015 | -€1,295 | -39.1% |
| Current assets | 29/58 | €58,900 | €63,207 | +€4,306 | +7.3% |
| Stocks and contracts in progress | 3 | €15,472 | €15,374 | -€98 | -0.6% |
| Stocks | 30/36 | €15,472 | €15,374 | -€98 | -0.6% |
| Amounts receivable within one year | 40/41 | €24,488 | €30,347 | +€5,860 | +23.9% |
| Trade receivables | 40 | €18,106 | €23,569 | +€5,463 | +30.2% |
| Other amounts receivable | 41 | €6,381 | €6,778 | +€397 | +6.2% |
| Cash at bank and in hand | 54/58 | €15,580 | €12,702 | -€2,878 | -18.5% |
| Deferred charges and accrued income | 490/1 | €3,360 | €4,783 | +€1,423 | +42.3% |
| Total equity and liabilities | 10/49 | €114,848 | €100,514 | -€14,334 | -12.5% |
| Equity | 10/15 | €65,782 | €59,173 | -€6,610 | -10.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €61,224 | €61,224 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,209 | €11,209 | = | 0.0% |
| Distributable reserves | 133 | €50,015 | €50,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,192 | -€20,802 | -€6,610 | -46.6% |
| Amounts payable | 17/49 | €49,066 | €41,341 | -€7,725 | -15.7% |
| Amounts payable within one year | 42/48 | €46,317 | €38,785 | -€7,532 | -16.3% |
| Trade debts | 44 | €164 | €2,923 | +€2,759 | +1681.9% |
| Suppliers | 440/4 | €164 | €2,923 | +€2,759 | +1681.9% |
| Taxes, remuneration and social security | 45 | €8,791 | €5,475 | -€3,317 | -37.7% |
| Taxes | 450/3 | €5,559 | €5,475 | -€85 | -1.5% |
| Remuneration and social security | 454/9 | €3,232 | - | -€3,232 | |
| Other amounts payable | 47/48 | €37,362 | €30,386 | -€6,975 | -18.7% |
| Accrued charges and deferred income | 492/3 | €2,749 | €2,556 | -€193 | -7.0% |
| Non-recurring operating income | 76A | €9,148 | €9,213 | +€65 | +0.7% |
| Remuneration, social security and pensions | 62 | €45,923 | €23,993 | -€21,929 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,467 | €19,635 | +€167 | +0.9% |
| Other operating charges | 640/8 | €1,477 | €1,523 | +€46 | +3.1% |
| Gross operating margin | 9900 | €56,962 | €39,648 | -€17,314 | -30.4% |
| Operating profit (loss) | 9901 | -€9,905 | -€5,503 | +€4,402 | +44.4% |
| Financial income | 75/76B | €194 | €313 | +€119 | +61.5% |
| Recurring financial income | 75 | €194 | €313 | +€119 | +61.5% |
| Financial charges | 65/66B | €710 | €700 | -€9 | -1.3% |
| Recurring financial charges | 65 | €710 | €700 | -€9 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,421 | -€5,890 | +€4,531 | +43.5% |
| Income taxes | 67/77 | €715 | €720 | +€5 | +0.7% |
| Profit (loss) for the period | 9904 | -€11,135 | -€6,610 | +€4,526 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,135 | -€6,610 | +€4,526 | +40.6% |
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 11 October 2026 via checked.be.