M.C. CHAUSSARD: 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.
M.C. CHAUSSARD
Largest movements
- Cash -€83,115
down €83,115 (-34.1%), from €243,508 to €160,392
mainly Net result for the year (-€53,100) and Tax, wage and social debts (-€41,624)
- Receivables within one year -€16,907
down €16,907 (-44.5%), from €37,973 to €21,065
of which Trade receivables: -€10,196
- Tangible fixed assets -€4,113
down €4,113 (-11.0%), from €37,400 to €33,287
of which Land and buildings: -€3,703
- Profit (loss) carried forward -€53,100
down €53,100 (-34.4%), from €154,393 to €101,293
- Tax, wage and social debts -€41,624
down €41,624 (-77.8%), from €53,533 to €11,910
of which Taxes: -€33,576
- Other debts -€12,515
no longer reported in 2025 (was €12,515)
- Gross operating margin -€108,384
down €108,384, from €77,719 to -€30,665
- Staff costs -€24,417
no longer reported in 2025 (was €24,417)
- Taxes -€11,669
no longer reported in 2025 (was €11,669)
- Financial charges -€10,685
down €10,685 (-96.6%), from €11,056 to €371
- Other operating charges -€2,284
down €2,284 (-69.1%), from €3,306 to €1,022
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 | €321,583 | €217,195 | -€104,388 | -32.5% |
| Fixed assets | 21/28 | €37,499 | €33,287 | -€4,212 | -11.2% |
| Tangible fixed assets | 22/27 | €37,400 | €33,287 | -€4,113 | -11.0% |
| Land and buildings | 22 | €35,319 | €31,616 | -€3,703 | -10.5% |
| Furniture and vehicles | 24 | €2,081 | €1,671 | -€410 | -19.7% |
| Financial fixed assets | 28 | €99 | - | -€99 | |
| Current assets | 29/58 | €284,084 | €183,908 | -€100,176 | -35.3% |
| Amounts receivable within one year | 40/41 | €37,973 | €21,065 | -€16,907 | -44.5% |
| Trade receivables | 40 | €11,119 | €923 | -€10,196 | -91.7% |
| Other amounts receivable | 41 | €26,854 | €20,142 | -€6,712 | -25.0% |
| Cash at bank and in hand | 54/58 | €243,508 | €160,392 | -€83,115 | -34.1% |
| Deferred charges and accrued income | 490/1 | €2,603 | €2,450 | -€153 | -5.9% |
| Total equity and liabilities | 10/49 | €321,583 | €217,195 | -€104,388 | -32.5% |
| Equity | 10/15 | €255,535 | €202,435 | -€53,100 | -20.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €82,549 | €82,549 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €80,690 | €80,690 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,393 | €101,293 | -€53,100 | -34.4% |
| Amounts payable | 17/49 | €66,048 | €14,760 | -€51,288 | -77.7% |
| Amounts payable within one year | 42/48 | €66,048 | €14,760 | -€51,288 | -77.7% |
| Trade debts | 44 | - | €2,850 | +€2,850 | |
| Suppliers | 440/4 | - | €2,850 | +€2,850 | |
| Taxes, remuneration and social security | 45 | €53,533 | €11,910 | -€41,624 | -77.8% |
| Taxes | 450/3 | €45,486 | €11,910 | -€33,576 | -73.8% |
| Remuneration and social security | 454/9 | €8,048 | - | -€8,048 | |
| Other amounts payable | 47/48 | €12,515 | - | -€12,515 | |
| Remuneration, social security and pensions | 62 | €24,417 | - | -€24,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,170 | €4,113 | -€57 | -1.4% |
| Other operating charges | 640/8 | €3,306 | €1,022 | -€2,284 | -69.1% |
| Non-recurring operating charges | 66A | €1,401 | €17,205 | +€15,804 | +1,128% |
| Gross operating margin | 9900 | €77,719 | -€30,665 | -€108,384 | |
| Operating profit (loss) | 9901 | €44,426 | -€53,005 | -€97,431 | |
| Financial income | 75/76B | - | €276 | +€276 | |
| Recurring financial income | 75 | - | €276 | +€276 | |
| Financial charges | 65/66B | €11,056 | €371 | -€10,685 | -96.6% |
| Recurring financial charges | 65 | €11,056 | €371 | -€10,685 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €33,370 | -€53,100 | -€86,469 | |
| Income taxes | 67/77 | €11,669 | - | -€11,669 | |
| Profit (loss) for the period | 9904 | €21,701 | -€53,100 | -€74,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,701 | -€53,100 | -€74,800 |
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 25 October 2026 via checked.be.