tCHOtCHOP: 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.
tCHOtCHOP
Largest movements
- Tangible fixed assets +€112,212
up €112,212 (+143.5%), from €78,207 to €190,419
of which Land and buildings: +€128,766
- Cash -€70,099
down €70,099 (-82.1%), from €85,339 to €15,240
mainly Investment in fixed assets (net) (-€132,670) and Tax, wage and social debts (-€22,179)
- Receivables within one year +€16,649
up €16,649 (+47.5%), from €35,054 to €51,703
of which Trade receivables: +€13,631
- Debts after one year +€81,569
up €81,569 (+152.5%), from €53,476 to €135,045
- Tax, wage and social debts -€22,179
down €22,179 (-68.8%), from €32,241 to €10,062
- Current portion of long-term debt +€7,843
up €7,843 (+49.6%), from €15,817 to €23,660
- Profit (loss) carried forward -€4,695
down €4,695 (-5.6%), from €84,381 to €79,686
- Trade debts -€3,727
down €3,727 (-38.3%), from €9,726 to €5,998
- Gross operating margin -€35,431
down €35,431 (-41.0%), from €86,486 to €51,055
- Taxes -€8,149
down €8,149 (-59.8%), from €13,637 to €5,488
- Depreciation +€7,091
up €7,091 (+53.0%), from €13,368 to €20,459
- Financial charges +€3,304
up €3,304 (+129.2%), from €2,557 to €5,861
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 | €198,750 | €257,512 | +€58,762 | +29.6% |
| Fixed assets | 21/28 | €78,357 | €190,569 | +€112,212 | +143.2% |
| Tangible fixed assets | 22/27 | €78,207 | €190,419 | +€112,212 | +143.5% |
| Land and buildings | 22 | €14,629 | €143,395 | +€128,766 | +880.2% |
| Furniture and vehicles | 24 | €63,578 | €47,024 | -€16,554 | -26.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €120,393 | €66,943 | -€53,450 | -44.4% |
| Amounts receivable within one year | 40/41 | €35,054 | €51,703 | +€16,649 | +47.5% |
| Trade receivables | 40 | €26,691 | €40,322 | +€13,631 | +51.1% |
| Other amounts receivable | 41 | €8,363 | €11,381 | +€3,018 | +36.1% |
| Cash at bank and in hand | 54/58 | €85,339 | €15,240 | -€70,099 | -82.1% |
| Total equity and liabilities | 10/49 | €198,750 | €257,512 | +€58,762 | +29.6% |
| Equity | 10/15 | €87,381 | €82,686 | -€4,695 | -5.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,381 | €79,686 | -€4,695 | -5.6% |
| Amounts payable | 17/49 | €111,370 | €174,826 | +€63,456 | +57.0% |
| Amounts payable after more than one year | 17 | €53,476 | €135,045 | +€81,569 | +152.5% |
| Financial debts | 170/4 | €53,476 | €135,045 | +€81,569 | +152.5% |
| Amounts payable within one year | 42/48 | €57,894 | €39,781 | -€18,113 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €15,817 | €23,660 | +€7,843 | +49.6% |
| Trade debts | 44 | €9,726 | €5,998 | -€3,727 | -38.3% |
| Suppliers | 440/4 | €9,726 | €5,998 | -€3,727 | -38.3% |
| Taxes, remuneration and social security | 45 | €32,241 | €10,062 | -€22,179 | -68.8% |
| Taxes | 450/3 | €32,241 | €10,062 | -€22,179 | -68.8% |
| Other amounts payable | 47/48 | €109 | €60 | -€49 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,368 | €20,459 | +€7,091 | +53.0% |
| Other operating charges | 640/8 | €1,734 | €1,942 | +€208 | +12.0% |
| Gross operating margin | 9900 | €86,486 | €51,055 | -€35,431 | -41.0% |
| Operating profit (loss) | 9901 | €71,384 | €28,654 | -€42,730 | -59.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.7% |
| Financial charges | 65/66B | €2,557 | €5,861 | +€3,304 | +129.2% |
| Recurring financial charges | 65 | €2,557 | €5,861 | +€3,304 | +129.2% |
| Profit (loss) for the period before taxes | 9903 | €68,827 | €22,793 | -€46,034 | -66.9% |
| Income taxes | 67/77 | €13,637 | €5,488 | -€8,149 | -59.8% |
| Profit (loss) for the period | 9904 | €55,191 | €17,305 | -€37,885 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,191 | €17,305 | -€37,885 | -68.6% |
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 12 October 2026 via checked.be.