O-CHA-THO: 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.
O-CHA-THO
Largest movements
- Tangible fixed assets -€22,235
down €22,235 (-3.5%), from €631,588 to €609,353
of which Land and buildings: -€19,571
- Debts after one year -€34,561
down €34,561 (-5.8%), from €593,528 to €558,967
- Gross operating margin -€4,751
down €4,751 (-10.4%), from €45,667 to €40,915
- Other operating charges +€1,075
up €1,075 (+50.1%), from €2,144 to €3,219
- Depreciation +€914
up €914 (+3.1%), from €29,432 to €30,346
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.
Cash bridge derived
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 | €663,304 | €627,027 | -€36,276 | -5.5% |
| Fixed assets | 21/28 | €631,588 | €609,353 | -€22,235 | -3.5% |
| Tangible fixed assets | 22/27 | €631,588 | €609,353 | -€22,235 | -3.5% |
| Land and buildings | 22 | €588,825 | €569,254 | -€19,571 | -3.3% |
| Plant, machinery and equipment | 23 | €23,572 | €22,037 | -€1,535 | -6.5% |
| Furniture and vehicles | 24 | €19,192 | €18,063 | -€1,129 | -5.9% |
| Current assets | 29/58 | €31,715 | €17,674 | -€14,042 | -44.3% |
| Amounts receivable within one year | 40/41 | €7,912 | €2,262 | -€5,650 | -71.4% |
| Trade receivables | 40 | €6,388 | €2,262 | -€4,125 | -64.6% |
| Other amounts receivable | 41 | €1,525 | €0 | -€1,525 | -100.0% |
| Cash at bank and in hand | 54/58 | €18,045 | €14,301 | -€3,744 | -20.7% |
| Deferred charges and accrued income | 490/1 | €5,758 | €1,111 | -€4,647 | -80.7% |
| Total equity and liabilities | 10/49 | €663,304 | €627,027 | -€36,276 | -5.5% |
| Equity | 10/15 | €24,550 | €28,174 | +€3,624 | +14.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,550 | €23,174 | +€3,624 | +18.5% |
| Amounts payable | 17/49 | €638,753 | €598,853 | -€39,900 | -6.2% |
| Amounts payable after more than one year | 17 | €593,528 | €558,967 | -€34,561 | -5.8% |
| Financial debts | 170/4 | €593,528 | €558,967 | -€34,561 | -5.8% |
| Amounts payable within one year | 42/48 | €45,225 | €39,886 | -€5,339 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €34,240 | €34,561 | +€321 | +0.9% |
| Trade debts | 44 | €499 | €622 | +€122 | +24.5% |
| Suppliers | 440/4 | €499 | €622 | +€122 | +24.5% |
| Taxes, remuneration and social security | 45 | €3,099 | €2,493 | -€607 | -19.6% |
| Taxes | 450/3 | €3,099 | €2,493 | -€607 | -19.6% |
| Other amounts payable | 47/48 | €7,387 | €2,210 | -€5,176 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,432 | €30,346 | +€914 | +3.1% |
| Other operating charges | 640/8 | €2,144 | €3,219 | +€1,075 | +50.1% |
| Gross operating margin | 9900 | €45,667 | €40,915 | -€4,751 | -10.4% |
| Operating profit (loss) | 9901 | €14,091 | €7,350 | -€6,740 | -47.8% |
| Financial income | 75/76B | €0 | €15 | +€15 | +25033.3% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +25033.3% |
| Financial charges | 65/66B | €4,067 | €3,742 | -€325 | -8.0% |
| Recurring financial charges | 65 | €4,067 | €3,742 | -€325 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €10,024 | €3,624 | -€6,400 | -63.8% |
| Profit (loss) for the period | 9904 | €10,024 | €3,624 | -€6,400 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,024 | €3,624 | -€6,400 | -63.8% |
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 8 October 2026 via checked.be.