FIRST CHAPE-CARRELAGE & CONSTRUCT: 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.
FIRST CHAPE-CARRELAGE & CONSTRUCT
Largest movements
- Receivables within one year +€210,384
up €210,384 (+212%), from €99,154 to €309,538
of which Trade receivables: +€203,795
- Cash +€36,491
up €36,491 (+277%), from €13,196 to €49,687
mainly Trade debts (+€202,073) and Depreciation (+€33,787)
- Tangible fixed assets -€7,194
down €7,194 (-9.1%), from €78,864 to €71,669
of which Leasing and similar rights: -€20,122
- Trade debts +€202,073
up €202,073 (+609%), from €33,179 to €235,252
- Debts after one year -€20,140
down €20,140 (-32.4%), from €62,190 to €42,050
- Reserves +€20,000
up €20,000 (+1,075%), from €1,860 to €21,860
of which Distributable reserves: +€20,000
- Tax, wage and social debts +€16,580
up €16,580 (+107%), from €15,483 to €32,062
of which Taxes: +€11,376
- Other debts +€12,141
up €12,141 (+62.0%), from €19,577 to €31,717
- Gross operating margin +€135,007
up €135,007 (+63.6%), from €212,375 to €347,382
- Staff costs +€89,944
up €89,944 (+49.3%), from €182,269 to €272,212
- Depreciation +€20,498
up €20,498 (+154%), from €13,288 to €33,787
- Taxes +€6,373
up €6,373 (+191%), from €3,339 to €9,712
- Other operating charges +€5,320
up €5,320 (+284%), from €1,871 to €7,191
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 | €201,777 | €444,926 | +€243,149 | +121% |
| Fixed assets | 21/28 | €80,016 | €72,919 | -€7,097 | -8.9% |
| Intangible fixed assets | 21 | €402 | - | -€402 | |
| Tangible fixed assets | 22/27 | €78,864 | €71,669 | -€7,194 | -9.1% |
| Plant, machinery and equipment | 23 | €618 | €204 | -€414 | -66.9% |
| Furniture and vehicles | 24 | €58,124 | €71,465 | +€13,341 | +23.0% |
| Leasing and similar rights | 25 | €20,122 | - | -€20,122 | |
| Financial fixed assets | 28 | €750 | €1,250 | +€500 | +66.7% |
| Current assets | 29/58 | €121,761 | €372,007 | +€250,246 | +206% |
| Stocks and contracts in progress | 3 | €9,411 | €12,781 | +€3,370 | +35.8% |
| Stocks | 30/36 | €9,411 | €12,781 | +€3,370 | +35.8% |
| Amounts receivable within one year | 40/41 | €99,154 | €309,538 | +€210,384 | +212% |
| Trade receivables | 40 | €83,946 | €287,741 | +€203,795 | +243% |
| Other amounts receivable | 41 | €15,208 | €21,798 | +€6,590 | +43.3% |
| Cash at bank and in hand | 54/58 | €13,196 | €49,687 | +€36,491 | +277% |
| Total equity and liabilities | 10/49 | €201,777 | €444,926 | +€243,149 | +121% |
| Equity | 10/15 | €57,896 | €77,963 | +€20,068 | +34.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €21,860 | +€20,000 | +1,075% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €49,836 | €49,903 | +€68 | +0.1% |
| Amounts payable | 17/49 | €143,881 | €366,963 | +€223,082 | +155% |
| Amounts payable after more than one year | 17 | €62,190 | €42,050 | -€20,140 | -32.4% |
| Financial debts | 170/4 | €62,190 | €42,050 | -€20,140 | -32.4% |
| Amounts payable within one year | 42/48 | €81,691 | €324,913 | +€243,222 | +298% |
| Current portion of amounts payable after more than one year | 42 | €13,453 | €17,140 | +€3,687 | +27.4% |
| Financial debts | 43 | - | €8,741 | +€8,741 | |
| Credit institutions | 430/8 | - | €8,741 | +€8,741 | |
| Trade debts | 44 | €33,179 | €235,252 | +€202,073 | +609% |
| Suppliers | 440/4 | €33,179 | €235,252 | +€202,073 | +609% |
| Taxes, remuneration and social security | 45 | €15,483 | €32,062 | +€16,580 | +107% |
| Taxes | 450/3 | €5,647 | €17,023 | +€11,376 | +201% |
| Remuneration and social security | 454/9 | €9,836 | €15,040 | +€5,204 | +52.9% |
| Other amounts payable | 47/48 | €19,577 | €31,717 | +€12,141 | +62.0% |
| Non-recurring operating income | 76A | €3,460 | - | -€3,460 | |
| Remuneration, social security and pensions | 62 | €182,269 | €272,212 | +€89,944 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,288 | €33,787 | +€20,498 | +154% |
| Other operating charges | 640/8 | €1,871 | €7,191 | +€5,320 | +284% |
| Gross operating margin | 9900 | €212,375 | €347,382 | +€135,007 | +63.6% |
| Operating profit (loss) | 9901 | €14,947 | €34,192 | +€19,245 | +129% |
| Financial income | 75/76B | €46 | €40 | -€6 | -12.4% |
| Recurring financial income | 75 | €46 | €40 | -€6 | -12.4% |
| Financial charges | 65/66B | €3,522 | €4,453 | +€931 | +26.4% |
| Recurring financial charges | 65 | €3,522 | €4,453 | +€931 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €11,471 | €29,780 | +€18,308 | +160% |
| Income taxes | 67/77 | €3,339 | €9,712 | +€6,373 | +191% |
| Profit (loss) for the period | 9904 | €8,132 | €20,068 | +€11,935 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €8,132 | €20,068 | +€11,935 | +147% |
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 19 October 2026 via checked.be.