CHIVA: 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.
CHIVA
Largest movements
- Cash +€28,833
up €28,833 (+40.4%), from €71,431 to €100,264
mainly Net result for the year (+€22,592) and Tax, wage and social debts (+€11,582)
- Deferred charges and accrued income -€5,207
down €5,207 (-51.4%), from €10,122 to €4,915
- Receivables within one year -€3,516
down €3,516 (-87.9%), from €4,000 to €484
of which Other amounts receivable: -€3,516
- Tangible fixed assets -€2,398
down €2,398 (-37.9%), from €6,321 to €3,922
- Reserves +€22,592
up €22,592 (+42.1%), from €53,625 to €76,217
- Other debts -€17,766
down €17,766 (-100%), from €17,766 to €0
- Tax, wage and social debts +€11,582
up €11,582 (+357%), from €3,243 to €14,825
of which Taxes: +€11,582
- Trade debts +€1,304
up €1,304 (+937%), from €139 to €1,444
- Gross operating margin +€6,750
up €6,750 (+23.3%), from €28,953 to €35,703
- Staff costs -€5,283
down €5,283 (-100%), from €5,283 to €0
- Financial charges +€2,639
up €2,639 (+340%), from €775 to €3,415
- Taxes +€1,639
up €1,639 (+33.0%), from €4,962 to €6,601
- Other operating charges -€484
down €484 (-41.0%), from €1,181 to €697
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 | €93,373 | €111,085 | +€17,712 | +19.0% |
| Fixed assets | 21/28 | €7,821 | €5,422 | -€2,398 | -30.7% |
| Tangible fixed assets | 22/27 | €6,321 | €3,922 | -€2,398 | -37.9% |
| Furniture and vehicles | 24 | €6,321 | €3,922 | -€2,398 | -37.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €85,553 | €105,663 | +€20,110 | +23.5% |
| Amounts receivable within one year | 40/41 | €4,000 | €484 | -€3,516 | -87.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,000 | €484 | -€3,516 | -87.9% |
| Cash at bank and in hand | 54/58 | €71,431 | €100,264 | +€28,833 | +40.4% |
| Deferred charges and accrued income | 490/1 | €10,122 | €4,915 | -€5,207 | -51.4% |
| Total equity and liabilities | 10/49 | €93,373 | €111,085 | +€17,712 | +19.0% |
| Equity | 10/15 | €72,225 | €94,817 | +€22,592 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,625 | €76,217 | +€22,592 | +42.1% |
| Distributable reserves | 133 | €53,625 | €76,217 | +€22,592 | +42.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,148 | €16,268 | -€4,880 | -23.1% |
| Amounts payable within one year | 42/48 | €21,148 | €16,268 | -€4,880 | -23.1% |
| Trade debts | 44 | €139 | €1,444 | +€1,304 | +937% |
| Suppliers | 440/4 | €139 | €1,444 | +€1,304 | +937% |
| Taxes, remuneration and social security | 45 | €3,243 | €14,825 | +€11,582 | +357% |
| Taxes | 450/3 | €3,243 | €14,825 | +€11,582 | +357% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €17,766 | €0 | -€17,766 | -100% |
| Remuneration, social security and pensions | 62 | €5,283 | €0 | -€5,283 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,398 | €2,398 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,181 | €697 | -€484 | -41.0% |
| Gross operating margin | 9900 | €28,953 | €35,703 | +€6,750 | +23.3% |
| Operating profit (loss) | 9901 | €20,091 | €32,608 | +€12,517 | +62.3% |
| Financial income | 75/76B | €134 | €0 | -€134 | -100% |
| Recurring financial income | 75 | €134 | €0 | -€134 | -100% |
| Financial charges | 65/66B | €775 | €3,415 | +€2,639 | +340% |
| Recurring financial charges | 65 | €775 | €3,415 | +€2,639 | +340% |
| Profit (loss) for the period before taxes | 9903 | €19,450 | €29,193 | +€9,744 | +50.1% |
| Income taxes | 67/77 | €4,962 | €6,601 | +€1,639 | +33.0% |
| Profit (loss) for the period | 9904 | €14,487 | €22,592 | +€8,105 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,487 | €22,592 | +€8,105 | +55.9% |
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.