Société de Reconversion de Chertal: 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.
Société de Reconversion de Chertal
Largest movements
- Cash +€10.1m
new in 2025: €10.1m
mainly Current investments (+€10.1m) and Trade debts (+€129,826)
- Current investments -€10.1m
no longer reported in 2025 (was €10.1m)
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€8.3m
no longer reported in 2025 (was €8.3m)
- Other operating charges +€161,850
new in 2025: €161,850
- Gross operating margin +€55,733
up €55,733 (+24.6%), from -€226,916 to -€171,183
- Financial income -€24,722
down €24,722 (-10.9%), from €227,165 to €202,442
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 | €75,241,938 | €75,337,050 | +€95,112 | +0.1% |
| Fixed assets | 21/28 | €65,000,000 | €65,000,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €65,000,000 | €65,000,000 | = | 0.0% |
| Land and buildings | 22 | €65,000,000 | €65,000,000 | = | 0.0% |
| Current assets | 29/58 | €10,241,938 | €10,337,050 | +€95,112 | +0.9% |
| Amounts receivable within one year | 40/41 | €178,125 | €230,804 | +€52,679 | +29.6% |
| Trade receivables | 40 | €12,445 | €10,000 | -€2,445 | -19.6% |
| Other amounts receivable | 41 | €165,680 | €220,804 | +€55,125 | +33.3% |
| Current investments | 50/53 | €10,063,813 | - | -€10.1m | |
| Cash at bank and in hand | 54/58 | - | €10,106,246 | +€10.1m | |
| Total equity and liabilities | 10/49 | €75,241,938 | €75,337,050 | +€95,112 | +0.1% |
| Equity | 10/15 | €46,713,754 | €46,582,920 | -€130,834 | -0.3% |
| Contributions | 10/11 | €55,000,000 | €55,000,000 | = | 0.0% |
| Capital | 10 | €55,000,000 | €55,000,000 | = | 0.0% |
| Issued capital | 100 | €55,000,000 | €55,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,286,246 | -€8,417,080 | -€130,834 | -1.6% |
| Amounts payable | 17/49 | €28,528,184 | €28,754,130 | +€225,946 | +0.8% |
| Amounts payable within one year | 42/48 | €26,304 | €254,130 | +€227,826 | +866% |
| Trade debts | 44 | €26,304 | €156,130 | +€129,826 | +494% |
| Suppliers | 440/4 | €26,304 | €156,130 | +€129,826 | +494% |
| Taxes, remuneration and social security | 45 | - | €98,000 | +€98,000 | |
| Taxes | 450/3 | - | €98,000 | +€98,000 | |
| Accrued charges and deferred income | 492/3 | €28,501,880 | €28,500,000 | -€1,880 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,286,445 | - | -€8.3m | |
| Other operating charges | 640/8 | - | €161,850 | +€161,850 | |
| Gross operating margin | 9900 | -€226,916 | -€171,183 | +€55,733 | +24.6% |
| Operating profit (loss) | 9901 | -€8,513,361 | -€333,033 | +€8.2m | +96.1% |
| Financial income | 75/76B | €227,165 | €202,442 | -€24,722 | -10.9% |
| Recurring financial income | 75 | €227,165 | €202,442 | -€24,722 | -10.9% |
| Financial charges | 65/66B | €49 | €243 | +€194 | +397% |
| Recurring financial charges | 65 | €49 | €243 | +€194 | +397% |
| Profit (loss) for the period before taxes | 9903 | -€8,286,246 | -€130,834 | +€8.2m | +98.4% |
| Profit (loss) for the period | 9904 | -€8,286,246 | -€130,834 | +€8.2m | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,286,246 | -€130,834 | +€8.2m | +98.4% |
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 20 October 2026 via checked.be.