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
- Receivables within one year -€107,607
down €107,607 (-73.9%), from €145,657 to €38,050
- Stocks and contracts -€20,315
down €20,315 (-34.1%), from €59,636 to €39,321
- Cash -€17,779
down €17,779 (-39.5%), from €45,028 to €27,249
mainly Trade debts (-€202,929) and Investment in fixed assets (net) (-€29,464)
- Tangible fixed assets -€7,889
down €7,889 (-6.6%), from €120,132 to €112,243
of which Land and buildings: -€4,758
- Trade debts -€202,929
down €202,929 (-89.5%), from €226,818 to €23,889
- Other debts +€61,595
up €61,595 (+270%), from €22,775 to €84,370
- Current portion of long-term debt -€12,479
down €12,479 (-95.7%), from €13,041 to €563
- Tax, wage and social debts +€10,027
up €10,027 (+25.3%), from €39,694 to €49,721
of which Taxes: +€21,078
- Debts after one year -€7,106
down €7,106 (-18.4%), from €38,521 to €31,415
- Gross operating margin -€48,214
down €48,214 (-25.7%), from €187,754 to €139,540
- Staff costs -€31,721
down €31,721 (-24.2%), from €130,950 to €99,229
- Financial income +€7,496
up €7,496 (+80,773%), from €9 to €7,505
of which Non-recurring financial income: +€7,465
- Depreciation -€7,165
down €7,165 (-15.6%), from €46,028 to €38,863
- Financial charges -€4,757
down €4,757 (-48.5%), from €9,815 to €5,058
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 | €373,030 | €218,372 | -€154,658 | -41.5% |
| Fixed assets | 21/28 | €121,642 | €112,243 | -€9,399 | -7.7% |
| Tangible fixed assets | 22/27 | €120,132 | €112,243 | -€7,889 | -6.6% |
| Land and buildings | 22 | €46,450 | €41,692 | -€4,758 | -10.2% |
| Plant, machinery and equipment | 23 | €61,885 | €63,616 | +€1,731 | +2.8% |
| Furniture and vehicles | 24 | €7,000 | €3,083 | -€3,917 | -56.0% |
| Other tangible fixed assets | 26 | €4,798 | €3,851 | -€946 | -19.7% |
| Financial fixed assets | 28 | €1,510 | - | -€1,510 | |
| Current assets | 29/58 | €251,388 | €106,130 | -€145,258 | -57.8% |
| Amounts receivable after more than one year | 29 | - | €1,510 | +€1,510 | |
| Other amounts receivable | 291 | - | €1,510 | +€1,510 | |
| Stocks and contracts in progress | 3 | €59,636 | €39,321 | -€20,315 | -34.1% |
| Stocks | 30/36 | €59,636 | €39,321 | -€20,315 | -34.1% |
| Amounts receivable within one year | 40/41 | €145,657 | €38,050 | -€107,607 | -73.9% |
| Trade receivables | 40 | €145,657 | €38,050 | -€107,607 | -73.9% |
| Cash at bank and in hand | 54/58 | €45,028 | €27,249 | -€17,779 | -39.5% |
| Deferred charges and accrued income | 490/1 | €1,067 | - | -€1,067 | |
| Total equity and liabilities | 10/49 | €373,030 | €218,372 | -€154,658 | -41.5% |
| Equity | 10/15 | €28,130 | €28,414 | +€284 | +1.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,130 | €18,414 | +€284 | +1.6% |
| Amounts payable | 17/49 | €344,900 | €189,958 | -€154,942 | -44.9% |
| Amounts payable after more than one year | 17 | €38,521 | €31,415 | -€7,106 | -18.4% |
| Financial debts | 170/4 | €38,521 | €31,415 | -€7,106 | -18.4% |
| Amounts payable within one year | 42/48 | €306,379 | €158,543 | -€147,836 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €13,041 | €563 | -€12,479 | -95.7% |
| Trade debts | 44 | €226,818 | €23,889 | -€202,929 | -89.5% |
| Suppliers | 440/4 | €226,818 | €23,889 | -€202,929 | -89.5% |
| Advances received on contracts in progress | 46 | €4,050 | - | -€4,050 | |
| Taxes, remuneration and social security | 45 | €39,694 | €49,721 | +€10,027 | +25.3% |
| Taxes | 450/3 | €20,003 | €41,081 | +€21,078 | +105% |
| Remuneration and social security | 454/9 | €19,691 | €8,640 | -€11,051 | -56.1% |
| Other amounts payable | 47/48 | €22,775 | €84,370 | +€61,595 | +270% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €130,950 | €99,229 | -€31,721 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,028 | €38,863 | -€7,165 | -15.6% |
| Other operating charges | 640/8 | €7,742 | €3,611 | -€4,131 | -53.4% |
| Gross operating margin | 9900 | €187,754 | €139,540 | -€48,214 | -25.7% |
| Operating profit (loss) | 9901 | €3,034 | -€2,163 | -€5,197 | |
| Financial income | 75/76B | €9 | €7,505 | +€7,496 | +80,773% |
| Recurring financial income | 75 | €9 | €40 | +€31 | +336% |
| Non-recurring financial income | 76B | - | €7,465 | +€7,465 | |
| Financial charges | 65/66B | €9,815 | €5,058 | -€4,757 | -48.5% |
| Recurring financial charges | 65 | €9,815 | €5,058 | -€4,757 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,772 | €284 | +€7,056 | |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€6,911 | €284 | +€7,195 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,911 | €284 | +€7,195 |
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 27 October 2026 via checked.be.