LA CHAPELLE: 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.
LA CHAPELLE
Largest movements
- Tangible fixed assets -€185,414
down €185,414 (-18.2%), from €1.0m to €831,160
of which Land and buildings: -€144,337
- Deferred charges and accrued income -€17,156
down €17,156 (-70.6%), from €24,283 to €7,128
- Debts after one year -€149,401
down €149,401 (-18.9%), from €791,079 to €641,678
- Profit (loss) carried forward -€74,748
down €74,748, from €699 to -€74,049
- Trade debts +€17,902
up €17,902 (+62.4%), from €28,691 to €46,594
- Gross operating margin -€30,610
down €30,610 (-31.8%), from €96,150 to €65,541
- Depreciation +€22,618
up €22,618 (+27.2%), from €83,223 to €105,841
- Other operating charges -€3,268
down €3,268 (-51.3%), from €6,368 to €3,100
- Financial income +€972
new in 2025: €972
of which Financial income: +€972
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,048,770 | €851,034 | -€197,735 | -18.9% |
| Fixed assets | 21/28 | €1,017,023 | €831,610 | -€185,414 | -18.2% |
| Tangible fixed assets | 22/27 | €1,016,573 | €831,160 | -€185,414 | -18.2% |
| Land and buildings | 22 | €861,116 | €716,779 | -€144,337 | -16.8% |
| Plant, machinery and equipment | 23 | €153,153 | €110,891 | -€42,263 | -27.6% |
| Furniture and vehicles | 24 | €2,304 | €3,491 | +€1,186 | +51.5% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €31,746 | €19,424 | -€12,322 | -38.8% |
| Amounts receivable within one year | 40/41 | €6,835 | €7,235 | +€400 | +5.9% |
| Trade receivables | 40 | €6,835 | €7,235 | +€400 | +5.9% |
| Cash at bank and in hand | 54/58 | €628 | €5,062 | +€4,434 | +706% |
| Deferred charges and accrued income | 490/1 | €24,283 | €7,128 | -€17,156 | -70.6% |
| Total equity and liabilities | 10/49 | €1,048,770 | €851,034 | -€197,735 | -18.9% |
| Equity | 10/15 | €27,477 | -€53,571 | -€81,048 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €8,228 | €1,928 | -€6,300 | -76.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €73 | €73 | = | 0.0% |
| Distributable reserves | 133 | €6,300 | - | -€6,300 | |
| Profit (loss) carried forward | 14 | €699 | -€74,049 | -€74,748 | |
| Amounts payable | 17/49 | €1,021,293 | €904,605 | -€116,687 | -11.4% |
| Amounts payable after more than one year | 17 | €791,079 | €641,678 | -€149,401 | -18.9% |
| Financial debts | 170/4 | €791,079 | €641,678 | -€149,401 | -18.9% |
| Amounts payable within one year | 42/48 | €229,365 | €255,716 | +€26,351 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €82,756 | €75,267 | -€7,489 | -9.0% |
| Trade debts | 44 | €28,691 | €46,594 | +€17,902 | +62.4% |
| Suppliers | 440/4 | €28,691 | €46,594 | +€17,902 | +62.4% |
| Taxes, remuneration and social security | 45 | €3,575 | €13,550 | +€9,975 | +279% |
| Taxes | 450/3 | €3,575 | €13,550 | +€9,975 | +279% |
| Other amounts payable | 47/48 | €114,343 | €120,306 | +€5,963 | +5.2% |
| Accrued charges and deferred income | 492/3 | €849 | €7,211 | +€6,363 | +750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,223 | €105,841 | +€22,618 | +27.2% |
| Other operating charges | 640/8 | €6,368 | €3,100 | -€3,268 | -51.3% |
| Gross operating margin | 9900 | €96,150 | €65,541 | -€30,610 | -31.8% |
| Operating profit (loss) | 9901 | €6,560 | -€43,400 | -€49,960 | |
| Financial income | 75/76B | - | €972 | +€972 | |
| Recurring financial income | 75 | - | €972 | +€972 | |
| Non-recurring financial income | 76B | - | €972 | +€972 | |
| Financial charges | 65/66B | €13,920 | €13,648 | -€272 | -2.0% |
| Recurring financial charges | 65 | €13,920 | €13,648 | -€272 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,360 | -€56,077 | -€48,716 | -662% |
| Profit (loss) for the period | 9904 | -€7,360 | -€56,077 | -€48,716 | -662% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,360 | -€56,077 | -€48,716 | -662% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.