OUDAR MICHAEL CHAUFFAGE: 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.
OUDAR MICHAEL CHAUFFAGE
Largest movements
- Receivables within one year +€57,039
up €57,039 (+101%), from €56,411 to €113,451
of which Trade receivables: +€46,357
- Tangible fixed assets -€18,292
down €18,292 (-29.0%), from €63,162 to €44,871
of which Leasing and similar rights: -€14,333
- Intangible fixed assets -€10,000
down €10,000 (-15.0%), from €66,679 to €56,679
- Stocks and contracts -€10,000
down €10,000 (-16.7%), from €60,000 to €50,000
- Trade debts +€35,743
up €35,743 (+60.0%), from €59,524 to €95,267
- Debts after one year -€18,690
down €18,690 (-41.9%), from €44,636 to €25,947
- Profit (loss) carried forward +€8,689
up €8,689 (+71.4%), from €12,170 to €20,859
- Other debts -€5,354
down €5,354 (-5.4%), from €98,765 to €93,411
- Depreciation -€9,392
down €9,392 (-23.2%), from €40,503 to €31,111
- Staff costs +€4,983
up €4,983 (+7.9%), from €63,261 to €68,244
- Gross operating margin -€4,880
down €4,880 (-3.9%), from €123,828 to €118,948
- Other operating charges -€2,905
down €2,905 (-64.2%), from €4,522 to €1,617
- Taxes +€2,085
up €2,085 (+60.1%), from €3,470 to €5,555
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 | €257,049 | €278,024 | +€20,974 | +8.2% |
| Fixed assets | 21/28 | €129,842 | €101,550 | -€28,292 | -21.8% |
| Intangible fixed assets | 21 | €66,679 | €56,679 | -€10,000 | -15.0% |
| Tangible fixed assets | 22/27 | €63,162 | €44,871 | -€18,292 | -29.0% |
| Plant, machinery and equipment | 23 | €7,868 | €4,789 | -€3,079 | -39.1% |
| Furniture and vehicles | 24 | €6,016 | €5,137 | -€879 | -14.6% |
| Leasing and similar rights | 25 | €49,278 | €34,945 | -€14,333 | -29.1% |
| Current assets | 29/58 | €127,208 | €176,473 | +€49,266 | +38.7% |
| Stocks and contracts in progress | 3 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Stocks | 30/36 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Amounts receivable within one year | 40/41 | €56,411 | €113,451 | +€57,039 | +101% |
| Trade receivables | 40 | €42,298 | €88,655 | +€46,357 | +110% |
| Other amounts receivable | 41 | €14,113 | €24,795 | +€10,682 | +75.7% |
| Cash at bank and in hand | 54/58 | €7,908 | €9,280 | +€1,372 | +17.4% |
| Deferred charges and accrued income | 490/1 | €2,888 | €3,743 | +€854 | +29.6% |
| Total equity and liabilities | 10/49 | €257,049 | €278,024 | +€20,974 | +8.2% |
| Equity | 10/15 | €17,170 | €25,859 | +€8,689 | +50.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,170 | €20,859 | +€8,689 | +71.4% |
| Amounts payable | 17/49 | €239,879 | €252,165 | +€12,285 | +5.1% |
| Amounts payable after more than one year | 17 | €44,636 | €25,947 | -€18,690 | -41.9% |
| Financial debts | 170/4 | €44,636 | €25,947 | -€18,690 | -41.9% |
| Amounts payable within one year | 42/48 | €195,243 | €226,218 | +€30,975 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €17,828 | €18,340 | +€511 | +2.9% |
| Trade debts | 44 | €59,524 | €95,267 | +€35,743 | +60.0% |
| Suppliers | 440/4 | €59,524 | €95,267 | +€35,743 | +60.0% |
| Taxes, remuneration and social security | 45 | €19,126 | €19,201 | +€75 | +0.4% |
| Taxes | 450/3 | €12,289 | €14,218 | +€1,929 | +15.7% |
| Remuneration and social security | 454/9 | €6,836 | €4,983 | -€1,854 | -27.1% |
| Other amounts payable | 47/48 | €98,765 | €93,411 | -€5,354 | -5.4% |
| Remuneration, social security and pensions | 62 | €63,261 | €68,244 | +€4,983 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,503 | €31,111 | -€9,392 | -23.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,045 | - | -€1,045 | |
| Other operating charges | 640/8 | €4,522 | €1,617 | -€2,905 | -64.2% |
| Gross operating margin | 9900 | €123,828 | €118,948 | -€4,880 | -3.9% |
| Operating profit (loss) | 9901 | €14,498 | €17,977 | +€3,479 | +24.0% |
| Financial income | 75/76B | €1,242 | €768 | -€474 | -38.2% |
| Recurring financial income | 75 | €1,242 | €768 | -€474 | -38.2% |
| Financial charges | 65/66B | €5,321 | €4,501 | -€820 | -15.4% |
| Recurring financial charges | 65 | €5,321 | €4,501 | -€820 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €10,419 | €14,244 | +€3,825 | +36.7% |
| Income taxes | 67/77 | €3,470 | €5,555 | +€2,085 | +60.1% |
| Profit (loss) for the period | 9904 | €6,949 | €8,689 | +€1,739 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,949 | €8,689 | +€1,739 | +25.0% |
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 24 October 2026 via checked.be.