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LE CHALET: what changed

Two fiscal 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.

What changed

LE CHALET

BE 0444.517.247
NACE 55.100, Hotels and similar accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,263
2024 · €4,138+€10,125
Equity
€124,628
2024 · €110,365+€14,263
Cash
€36,581
2024 · €53,973-€17,393
Balance sheet total
€132,375
2024 · €119,734+€12,641

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€23,240

    up €23,240 (+46.3%), from €50,236 to €73,476

    of which Land and buildings: +€22,386

  • Cash -€17,393

    down €17,393 (-32.2%), from €53,973 to €36,581

    mainly Investment in fixed assets (net) (-€31,691) and Receivables within one year (-€7,880)

  • Receivables within one year +€7,880

    up €7,880 (+63.6%), from €12,382 to €20,261

    of which Other amounts receivable: +€4,999

Equity and liabilities
  • Profit (loss) carried forward +€14,263

    up €14,263 (+15.9%), from -€89,933 to -€75,670

  • Trade debts -€1,600

    down €1,600 (-24.9%), from €6,431 to €4,831

Income statement
  • Gross operating margin +€9,833

    up €9,833 (+37.7%), from €26,118 to €35,951

  • Other operating charges +€548

    up €548 (+5.0%), from €10,848 to €11,396

  • Financial charges +€434

    up €434 (+26.9%), from €1,612 to €2,045

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,138
Gross operating margin +€9,833
Depreciation +€99
Other operating charges -€548
Other operating items +€1,017
Financial income +€158
Financial charges -€434
Taxes -€1
Result 2025 €14,263

Cash bridge derived

cash 2024 to 2025

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.

From operations +€14,298
Investment -€31,691
Financing €0
Cash 2024 €53,973
Net result for the year +€14,263
Depreciation +€8,451
Smaller working-capital items +€28
Receivables within one year -€7,880
Deferred charges and accrued income +€1,036
Trade debts -€1,600
Investment in fixed assets (net) -€31,691
Cash 2025 €36,581
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €119,734 €132,375 +€12,641 +10.6%
Fixed assets 21/28 €50,236 €73,476 +€23,240 +46.3%
Tangible fixed assets 22/27 €50,236 €73,476 +€23,240 +46.3%
Land and buildings 22 €44,793 €67,179 +€22,386 +50.0%
Plant, machinery and equipment 23 €1,823 €1,320 -€502 -27.6%
Furniture and vehicles 24 €3,620 €4,976 +€1,356 +37.5%
Current assets 29/58 €69,498 €58,899 -€10,599 -15.3%
Stocks and contracts in progress 3 €225 €175 -€50 -22.2%
Stocks 30/36 €225 €175 -€50 -22.2%
Amounts receivable within one year 40/41 €12,382 €20,261 +€7,880 +63.6%
Trade receivables 40 - €2,880 +€2,880
Other amounts receivable 41 €12,382 €17,381 +€4,999 +40.4%
Cash at bank and in hand 54/58 €53,973 €36,581 -€17,393 -32.2%
Deferred charges and accrued income 490/1 €2,918 €1,882 -€1,036 -35.5%
Total equity and liabilities 10/49 €119,734 €132,375 +€12,641 +10.6%
Equity 10/15 €110,365 €124,628 +€14,263 +12.9%
Contributions 10/11 €198,315 €198,315 = 0.0%
Reserves 13 €1,983 €1,983 = 0.0%
Non-distributable reserves 130/1 €1,983 €1,983 = 0.0%
Reserves not available under the articles 1311 €1,983 €1,983 = 0.0%
Profit (loss) carried forward 14 -€89,933 -€75,670 +€14,263 +15.9%
Amounts payable 17/49 €9,369 €7,747 -€1,622 -17.3%
Amounts payable within one year 42/48 €9,369 €7,747 -€1,622 -17.3%
Trade debts 44 €6,431 €4,831 -€1,600 -24.9%
Suppliers 440/4 €6,431 €4,831 -€1,600 -24.9%
Taxes, remuneration and social security 45 €2,938 €2,916 -€22 -0.7%
Taxes 450/3 €2,938 €2,916 -€22 -0.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,550 €8,451 -€99 -1.2%
Other operating charges 640/8 €10,848 €11,396 +€548 +5.0%
Non-recurring operating charges 66A €1,017 - -€1,017
Gross operating margin 9900 €26,118 €35,951 +€9,833 +37.7%
Operating profit (loss) 9901 €5,702 €16,104 +€10,402 +182.4%
Financial income 75/76B €187 €345 +€158 +84.2%
Recurring financial income 75 €187 €345 +€158 +84.2%
Financial charges 65/66B €1,612 €2,045 +€434 +26.9%
Recurring financial charges 65 €1,612 €2,045 +€434 +26.9%
Profit (loss) for the period before taxes 9903 €4,278 €14,404 +€10,126 +236.7%
Income taxes 67/77 €140 €141 +€1 +1.0%
Profit (loss) for the period 9904 €4,138 €14,263 +€10,125 +244.7%
Profit (loss) for the period to be appropriated 9905 €4,138 €14,263 +€10,125 +244.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.