LE CHÈVRALIER: 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 CHÈVRALIER
Largest movements
- Cash +€58,295
up €58,295 (+175%), from €33,397 to €91,692
- Financial fixed assets +€33,404
up €33,404 (+4.0%), from €829,895 to €863,299
- Receivables within one year +€19,834
up €19,834 (+10,806%), from €184 to €20,017
of which Trade receivables: +€19,075
- Short-term financial debts +€60,000
new in 2023: €60,000
- Profit (loss) carried forward +€53,102
up €53,102 (+157%), from €33,848 to €86,951
- Other debts +€18,177
up €18,177 (+145%), from €12,500 to €30,677
- Debts after one year -€14,643
down €14,643 (-1.8%), from €795,375 to €780,732
of which Financial debts: -€25,000
- Accrued charges and deferred income -€10,921
no longer reported in 2023 (was €10,921)
- Gross operating margin -€13,191
down €13,191 (-33.8%), from €39,054 to €25,864
- Taxes -€3,519
down €3,519 (-31.2%), from €11,283 to €7,764
- Financial charges +€2,048
up €2,048 (+364%), from €562 to €2,611
- Financial income +€1,164
up €1,164 (+17.5%), from €6,639 to €7,803
From the 2021 result to the 2023 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 | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €863,978 | €976,857 | +€112,879 | +13.1% |
| Fixed assets | 21/28 | €830,179 | €865,020 | +€34,840 | +4.2% |
| Intangible fixed assets | 21 | - | €1,436 | +€1,436 | |
| Tangible fixed assets | 22/27 | €284 | €284 | = | 0.0% |
| Land and buildings | 22 | - | €284 | +€284 | |
| Other tangible fixed assets | 26 | €284 | - | -€284 | |
| Financial fixed assets | 28 | €829,895 | €863,299 | +€33,404 | +4.0% |
| Current assets | 29/58 | €33,799 | €111,837 | +€78,039 | +231% |
| Amounts receivable within one year | 40/41 | €184 | €20,017 | +€19,834 | +10,806% |
| Trade receivables | 40 | - | €19,075 | +€19,075 | |
| Other amounts receivable | 41 | €184 | €942 | +€758 | +413% |
| Cash at bank and in hand | 54/58 | €33,397 | €91,692 | +€58,295 | +175% |
| Deferred charges and accrued income | 490/1 | €218 | €128 | -€90 | -41.4% |
| Total equity and liabilities | 10/49 | €863,978 | €976,857 | +€112,879 | +13.1% |
| Equity | 10/15 | €43,848 | €96,951 | +€53,102 | +121% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,848 | €86,951 | +€53,102 | +157% |
| Amounts payable | 17/49 | €820,129 | €879,906 | +€59,777 | +7.3% |
| Amounts payable after more than one year | 17 | €795,375 | €780,732 | -€14,643 | -1.8% |
| Financial debts | 170/4 | €595,375 | €570,375 | -€25,000 | -4.2% |
| Other amounts payable | 178/9 | €200,000 | €210,357 | +€10,357 | +5.2% |
| Amounts payable within one year | 42/48 | €13,833 | €99,174 | +€85,341 | +617% |
| Financial debts | 43 | - | €60,000 | +€60,000 | |
| Other loans | 439 | - | €60,000 | +€60,000 | |
| Trade debts | 44 | €50 | €845 | +€795 | +1,575% |
| Suppliers | 440/4 | €50 | €845 | +€795 | +1,575% |
| Taxes, remuneration and social security | 45 | €1,283 | €7,652 | +€6,369 | +496% |
| Taxes | 450/3 | €1,283 | €7,652 | +€6,369 | +496% |
| Other amounts payable | 47/48 | €12,500 | €30,677 | +€18,177 | +145% |
| Accrued charges and deferred income | 492/3 | €10,921 | - | -€10,921 | |
| Gross operating margin | 9900 | €39,054 | €25,864 | -€13,191 | -33.8% |
| Operating profit (loss) | 9901 | €39,054 | €25,864 | -€13,191 | -33.8% |
| Financial income | 75/76B | €6,639 | €7,803 | +€1,164 | +17.5% |
| Recurring financial income | 75 | €6,639 | €7,803 | +€1,164 | +17.5% |
| Financial charges | 65/66B | €562 | €2,611 | +€2,048 | +364% |
| Recurring financial charges | 65 | €562 | €2,611 | +€2,048 | +364% |
| Profit (loss) for the period before taxes | 9903 | €45,131 | €31,056 | -€14,075 | -31.2% |
| Income taxes | 67/77 | €11,283 | €7,764 | -€3,519 | -31.2% |
| Profit (loss) for the period | 9904 | €33,848 | €23,292 | -€10,556 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,848 | €23,292 | -€10,556 | -31.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.