J.C. CHAUFFAGE: 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.
J.C. CHAUFFAGE
Largest movements
- Cash -€50,118
down €50,118 (-36.7%), from €136,707 to €86,588
mainly Trade debts (-€27,385) and Receivables within one year (-€25,382)
- Receivables within one year +€25,382
up €25,382 (+40.3%), from €62,950 to €88,332
of which Trade receivables: +€24,922
- Current investments +€18,609
up €18,609 (+167.8%), from €11,088 to €29,697
- Stocks and contracts -€11,757
down €11,757 (-83.1%), from €14,156 to €2,399
- Tangible fixed assets -€7,242
down €7,242 (-80.3%), from €9,023 to €1,781
of which Leasing and similar rights: -€7,055
- Trade debts -€27,385
down €27,385 (-39.4%), from €69,426 to €42,041
- Current portion of long-term debt -€6,605
no longer reported in 2025 (was €6,605)
- Accrued charges and deferred income +€5,073
up €5,073 (+3337.5%), from €152 to €5,225
- Tax, wage and social debts +€2,703
up €2,703 (+55.6%), from €4,862 to €7,565
of which Remuneration and social security: +€3,200
- Gross operating margin +€42,202
up €42,202 (+1109.8%), from €3,803 to €46,005
- Financial income -€26,539
down €26,539 (-98.5%), from €26,940 to €401
- Financial charges -€15,959
down €15,959, from €13,730 to -€2,229
- Taxes +€6,583
up €6,583 (+153.8%), from €4,282 to €10,865
- Other operating charges +€1,611
up €1,611 (+131.2%), from €1,228 to €2,839
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 | €237,133 | €210,713 | -€26,421 | -11.1% |
| Fixed assets | 21/28 | €9,023 | €1,781 | -€7,242 | -80.3% |
| Tangible fixed assets | 22/27 | €9,023 | €1,781 | -€7,242 | -80.3% |
| Furniture and vehicles | 24 | €1,968 | €1,781 | -€187 | -9.5% |
| Leasing and similar rights | 25 | €7,055 | - | -€7,055 | |
| Current assets | 29/58 | €228,110 | €208,931 | -€19,179 | -8.4% |
| Stocks and contracts in progress | 3 | €14,156 | €2,399 | -€11,757 | -83.1% |
| Stocks | 30/36 | €14,156 | €2,399 | -€11,757 | -83.1% |
| Amounts receivable within one year | 40/41 | €62,950 | €88,332 | +€25,382 | +40.3% |
| Trade receivables | 40 | €46,806 | €71,728 | +€24,922 | +53.2% |
| Other amounts receivable | 41 | €16,144 | €16,604 | +€460 | +2.8% |
| Current investments | 50/53 | €11,088 | €29,697 | +€18,609 | +167.8% |
| Cash at bank and in hand | 54/58 | €136,707 | €86,588 | -€50,118 | -36.7% |
| Deferred charges and accrued income | 490/1 | €3,210 | €1,915 | -€1,294 | -40.3% |
| Total equity and liabilities | 10/49 | €237,133 | €210,713 | -€26,421 | -11.1% |
| Equity | 10/15 | €150,788 | €151,416 | +€628 | +0.4% |
| Contributions | 10/11 | €16,113 | €16,113 | = | 0.0% |
| Reserves | 13 | €133,119 | €133,747 | +€628 | +0.5% |
| Distributable reserves | 133 | €133,119 | €133,747 | +€628 | +0.5% |
| Profit (loss) carried forward | 14 | €1,556 | €1,556 | = | 0.0% |
| Amounts payable | 17/49 | €86,345 | €59,296 | -€27,049 | -31.3% |
| Amounts payable within one year | 42/48 | €86,193 | €54,071 | -€32,122 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €6,605 | - | -€6,605 | |
| Trade debts | 44 | €69,426 | €42,041 | -€27,385 | -39.4% |
| Suppliers | 440/4 | €69,426 | €42,041 | -€27,385 | -39.4% |
| Taxes, remuneration and social security | 45 | €4,862 | €7,565 | +€2,703 | +55.6% |
| Taxes | 450/3 | €4,862 | €4,365 | -€497 | -10.2% |
| Remuneration and social security | 454/9 | - | €3,200 | +€3,200 | |
| Other amounts payable | 47/48 | €5,300 | €4,466 | -€835 | -15.7% |
| Accrued charges and deferred income | 492/3 | €152 | €5,225 | +€5,073 | +3337.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,657 | €9,202 | -€1,455 | -13.7% |
| Other operating charges | 640/8 | €1,228 | €2,839 | +€1,611 | +131.2% |
| Non-recurring operating charges | 66A | €4,500 | - | -€4,500 | |
| Gross operating margin | 9900 | €3,803 | €46,005 | +€42,202 | +1109.8% |
| Operating profit (loss) | 9901 | -€12,582 | €33,964 | +€46,546 | |
| Financial income | 75/76B | €26,940 | €401 | -€26,539 | -98.5% |
| Recurring financial income | 75 | €26,940 | €401 | -€26,539 | -98.5% |
| Financial charges | 65/66B | €13,730 | -€2,229 | -€15,959 | |
| Recurring financial charges | 65 | €13,730 | -€2,229 | -€15,959 | |
| Profit (loss) for the period before taxes | 9903 | €627 | €36,593 | +€35,966 | +5736.3% |
| Income taxes | 67/77 | €4,282 | €10,865 | +€6,583 | +153.8% |
| Profit (loss) for the period | 9904 | -€3,655 | €25,728 | +€29,383 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,655 | €25,728 | +€29,383 |
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 9 October 2026 via checked.be.