LE CHANTOIR: 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.
LE CHANTOIR
Largest movements
- Tangible fixed assets -€37,008
down €37,008 (-12.0%), from €307,721 to €270,713
of which Plant, machinery and equipment: -€34,475
- Receivables within one year -€19,681
down €19,681 (-32.2%), from €61,166 to €41,485
of which Other amounts receivable: -€19,219
- Profit (loss) carried forward -€31,373
down €31,373 (-19.2%), from -€163,091 to -€194,464
- Trade debts -€25,909
down €25,909 (-12.3%), from €211,477 to €185,568
- Other operating charges -€3,889
down €3,889 (-44.7%), from €8,695 to €4,805
- Gross operating margin -€2,837
down €2,837 (-21.3%), from €13,322 to €10,486
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 | €378,296 | €320,332 | -€57,964 | -15.3% |
| Fixed assets | 21/28 | €307,721 | €270,713 | -€37,008 | -12.0% |
| Tangible fixed assets | 22/27 | €307,721 | €270,713 | -€37,008 | -12.0% |
| Land and buildings | 22 | €190,606 | €188,324 | -€2,282 | -1.2% |
| Plant, machinery and equipment | 23 | €116,109 | €81,635 | -€34,475 | -29.7% |
| Furniture and vehicles | 24 | €1,006 | €754 | -€251 | -25.0% |
| Current assets | 29/58 | €70,575 | €49,619 | -€20,956 | -29.7% |
| Amounts receivable within one year | 40/41 | €61,166 | €41,485 | -€19,681 | -32.2% |
| Trade receivables | 40 | €39,087 | €38,624 | -€462 | -1.2% |
| Other amounts receivable | 41 | €22,079 | €2,860 | -€19,219 | -87.0% |
| Cash at bank and in hand | 54/58 | €9,409 | €8,134 | -€1,274 | -13.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €378,296 | €320,332 | -€57,964 | -15.3% |
| Equity | 10/15 | €160,221 | €128,848 | -€31,373 | -19.6% |
| Contributions | 10/11 | €307,884 | €307,884 | = | 0.0% |
| Capital | 10 | €307,884 | €307,884 | = | 0.0% |
| Issued capital | 100 | €307,884 | €307,884 | = | 0.0% |
| Reserves | 13 | €15,428 | €15,428 | = | 0.0% |
| Non-distributable reserves | 130/1 | €771 | €771 | = | 0.0% |
| Legal reserve | 130 | €771 | €771 | = | 0.0% |
| Distributable reserves | 133 | €14,657 | €14,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,091 | -€194,464 | -€31,373 | -19.2% |
| Amounts payable | 17/49 | €218,075 | €191,484 | -€26,591 | -12.2% |
| Amounts payable within one year | 42/48 | €218,075 | €191,484 | -€26,591 | -12.2% |
| Trade debts | 44 | €211,477 | €185,568 | -€25,909 | -12.3% |
| Suppliers | 440/4 | €211,477 | €185,568 | -€25,909 | -12.3% |
| Taxes, remuneration and social security | 45 | €682 | - | -€682 | |
| Taxes | 450/3 | €682 | - | -€682 | |
| Other amounts payable | 47/48 | €5,916 | €5,916 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,008 | €37,008 | = | 0.0% |
| Other operating charges | 640/8 | €8,695 | €4,805 | -€3,889 | -44.7% |
| Gross operating margin | 9900 | €13,322 | €10,486 | -€2,837 | -21.3% |
| Operating profit (loss) | 9901 | -€32,381 | -€31,328 | +€1,053 | +3.3% |
| Financial charges | 65/66B | €145 | €45 | -€100 | -69.0% |
| Recurring financial charges | 65 | €145 | €45 | -€100 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,526 | -€31,373 | +€1,153 | +3.5% |
| Profit (loss) for the period | 9904 | -€32,526 | -€31,373 | +€1,153 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,526 | -€31,373 | +€1,153 | +3.5% |
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 29 October 2026 via checked.be.