G.K. CHAPE: what changed
G.K. CHAPE
Largest movements
- Cash +€118,027
up €118,027 (+59.6%), from €198,086 to €316,113
mainly Other debts (+€199,928) and Net result for the year (+€120,697)
- Tangible fixed assets +€56,937
up €56,937 (+8.9%), from €638,350 to €695,287
of which Furniture and vehicles: +€112,760
- Receivables within one year +€38,070
up €38,070 (+72.8%), from €52,276 to €90,346
of which Other amounts receivable: +€24,580
- Other debts +€199,928
up €199,928 (+7,611%), from €2,627 to €202,554
- Debts after one year +€96,998
up €96,998 (+24.1%), from €402,411 to €499,408
- Profit (loss) carried forward -€79,303
down €79,303 (-27.2%), from €291,389 to €212,086
- Tax, wage and social debts -€29,444
down €29,444 (-75.2%), from €39,157 to €9,713
of which Taxes: -€16,903
- Current portion of long-term debt +€17,211
up €17,211 (+29.1%), from €59,137 to €76,348
- Staff costs -€45,799
down €45,799 (-21.4%), from €213,521 to €167,722
- Depreciation +€11,272
up €11,272 (+15.5%), from €72,936 to €84,208
- Gross operating margin -€8,250
down €8,250 (-1.8%), from €453,033 to €444,783
- Taxes +€7,235
up €7,235 (+29.4%), from €24,586 to €31,820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €890,423 | €1,102,437 | +€212,013 | +23.8% |
| Fixed assets | 21/28 | €638,525 | €695,462 | +€56,937 | +8.9% |
| Tangible fixed assets | 22/27 | €638,350 | €695,287 | +€56,937 | +8.9% |
| Land and buildings | 22 | €156,805 | €148,746 | -€8,060 | -5.1% |
| Plant, machinery and equipment | 23 | €78,280 | €36,453 | -€41,827 | -53.4% |
| Furniture and vehicles | 24 | €397,328 | €510,088 | +€112,760 | +28.4% |
| Leasing and similar rights | 25 | €5,937 | €0 | -€5,937 | -100% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €251,898 | €406,975 | +€155,077 | +61.6% |
| Amounts receivable within one year | 40/41 | €52,276 | €90,346 | +€38,070 | +72.8% |
| Trade receivables | 40 | €42,644 | €56,135 | +€13,491 | +31.6% |
| Other amounts receivable | 41 | €9,632 | €34,211 | +€24,580 | +255% |
| Cash at bank and in hand | 54/58 | €198,086 | €316,113 | +€118,027 | +59.6% |
| Deferred charges and accrued income | 490/1 | €1,537 | €516 | -€1,020 | -66.4% |
| Total equity and liabilities | 10/49 | €890,423 | €1,102,437 | +€212,013 | +23.8% |
| Equity | 10/15 | €366,802 | €287,499 | -€79,303 | -21.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €71,413 | €71,413 | = | 0.0% |
| Distributable reserves | 133 | €71,413 | €71,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,389 | €212,086 | -€79,303 | -27.2% |
| Amounts payable | 17/49 | €523,622 | €814,938 | +€291,316 | +55.6% |
| Amounts payable after more than one year | 17 | €402,411 | €499,408 | +€96,998 | +24.1% |
| Financial debts | 170/4 | €402,411 | €499,408 | +€96,998 | +24.1% |
| Amounts payable within one year | 42/48 | €121,211 | €315,530 | +€194,319 | +160% |
| Current portion of amounts payable after more than one year | 42 | €59,137 | €76,348 | +€17,211 | +29.1% |
| Trade debts | 44 | €20,290 | €26,914 | +€6,624 | +32.6% |
| Suppliers | 440/4 | €20,290 | €26,914 | +€6,624 | +32.6% |
| Taxes, remuneration and social security | 45 | €39,157 | €9,713 | -€29,444 | -75.2% |
| Taxes | 450/3 | €21,998 | €5,095 | -€16,903 | -76.8% |
| Remuneration and social security | 454/9 | €17,159 | €4,618 | -€12,542 | -73.1% |
| Other amounts payable | 47/48 | €2,627 | €202,554 | +€199,928 | +7,611% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €213,521 | €167,722 | -€45,799 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,936 | €84,208 | +€11,272 | +15.5% |
| Other operating charges | 640/8 | €16,879 | €20,960 | +€4,080 | +24.2% |
| Gross operating margin | 9900 | €453,033 | €444,783 | -€8,250 | -1.8% |
| Operating profit (loss) | 9901 | €149,696 | €171,892 | +€22,196 | +14.8% |
| Financial income | 75/76B | €665 | €41 | -€623 | -93.8% |
| Recurring financial income | 75 | €665 | €41 | -€623 | -93.8% |
| Financial charges | 65/66B | €15,806 | €19,416 | +€3,610 | +22.8% |
| Recurring financial charges | 65 | €15,806 | €19,416 | +€3,610 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €134,555 | €152,518 | +€17,963 | +13.3% |
| Income taxes | 67/77 | €24,586 | €31,820 | +€7,235 | +29.4% |
| Profit (loss) for the period | 9904 | €109,969 | €120,697 | +€10,728 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €109,969 | €120,697 | +€10,728 | +9.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.