CHASSIS PROTECH: 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.
CHASSIS PROTECH
Largest movements
- Receivables within one year +€98,278
up €98,278 (+200%), from €49,208 to €147,486
of which Trade receivables: +€90,715
- Cash +€47,564
up €47,564 (+150%), from €31,770 to €79,334
mainly Trade debts (+€91,643) and Net result for the year (+€43,346)
- Tangible fixed assets +€15,470
up €15,470 (+92.1%), from €16,796 to €32,266
of which Furniture and vehicles: +€31,119
- Deferred charges and accrued income +€3,184
new in 2025: €3,184
- Trade debts +€91,643
up €91,643 (+2,112%), from €4,339 to €95,981
- Profit (loss) carried forward +€43,346
up €43,346 (+63.0%), from €68,802 to €112,149
- Current portion of long-term debt +€40,418
up €40,418 (+898%), from €4,503 to €44,921
- Short-term financial debts -€7,121
down €7,121 (-39.6%), from €17,993 to €10,872
- Tax, wage and social debts -€3,445
down €3,445 (-14.8%), from €23,344 to €19,899
of which Remuneration and social security: -€5,833
- Gross operating margin +€91,252
up €91,252 (+90.5%), from €100,870 to €192,122
- Staff costs +€42,332
up €42,332 (+119%), from €35,488 to €77,821
- Other operating charges +€26,814
up €26,814 (+6,704%), from €400 to €27,214
- Taxes +€9,109
up €9,109 (+79.6%), from €11,437 to €20,547
- Financial charges +€6,542
up €6,542 (+83.1%), from €7,870 to €14,412
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 | €141,028 | €308,105 | +€167,077 | +118% |
| Fixed assets | 21/28 | €16,796 | €34,847 | +€18,051 | +107% |
| Tangible fixed assets | 22/27 | €16,796 | €32,266 | +€15,470 | +92.1% |
| Furniture and vehicles | 24 | €1,147 | €32,266 | +€31,119 | +2,712% |
| Leasing and similar rights | 25 | €10,204 | - | -€10,204 | |
| Assets under construction and advance payments | 27 | €5,445 | - | -€5,445 | |
| Financial fixed assets | 28 | - | €2,581 | +€2,581 | |
| Current assets | 29/58 | €124,232 | €273,258 | +€149,026 | +120% |
| Amounts receivable after more than one year | 29 | €43,255 | €43,255 | = | 0.0% |
| Trade receivables | 290 | €43,255 | €43,255 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,208 | €147,486 | +€98,278 | +200% |
| Trade receivables | 40 | €45,865 | €136,580 | +€90,715 | +198% |
| Other amounts receivable | 41 | €3,343 | €10,906 | +€7,563 | +226% |
| Cash at bank and in hand | 54/58 | €31,770 | €79,334 | +€47,564 | +150% |
| Deferred charges and accrued income | 490/1 | - | €3,184 | +€3,184 | |
| Total equity and liabilities | 10/49 | €141,028 | €308,105 | +€167,077 | +118% |
| Equity | 10/15 | €71,302 | €114,649 | +€43,346 | +60.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,802 | €112,149 | +€43,346 | +63.0% |
| Amounts payable | 17/49 | €69,726 | €193,456 | +€123,730 | +177% |
| Amounts payable after more than one year | 17 | €19,547 | €21,778 | +€2,231 | +11.4% |
| Financial debts | 170/4 | €19,547 | €21,778 | +€2,231 | +11.4% |
| Amounts payable within one year | 42/48 | €50,179 | €171,678 | +€121,499 | +242% |
| Current portion of amounts payable after more than one year | 42 | €4,503 | €44,921 | +€40,418 | +898% |
| Financial debts | 43 | €17,993 | €10,872 | -€7,121 | -39.6% |
| Credit institutions | 430/8 | €17,993 | €10,872 | -€7,121 | -39.6% |
| Trade debts | 44 | €4,339 | €95,981 | +€91,643 | +2,112% |
| Suppliers | 440/4 | €4,339 | €95,981 | +€91,643 | +2,112% |
| Taxes, remuneration and social security | 45 | €23,344 | €19,899 | -€3,445 | -14.8% |
| Taxes | 450/3 | €17,512 | €19,899 | +€2,388 | +13.6% |
| Remuneration and social security | 454/9 | €5,833 | - | -€5,833 | |
| Other amounts payable | 47/48 | - | €5 | +€5 | |
| Remuneration, social security and pensions | 62 | €35,488 | €77,821 | +€42,332 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,624 | €9,214 | +€2,590 | +39.1% |
| Other operating charges | 640/8 | €400 | €27,214 | +€26,814 | +6,704% |
| Gross operating margin | 9900 | €100,870 | €192,122 | +€91,252 | +90.5% |
| Operating profit (loss) | 9901 | €58,358 | €77,873 | +€19,516 | +33.4% |
| Financial income | 75/76B | €24 | €432 | +€408 | +1,720% |
| Recurring financial income | 75 | €24 | €432 | +€408 | +1,720% |
| Financial charges | 65/66B | €7,870 | €14,412 | +€6,542 | +83.1% |
| Recurring financial charges | 65 | €7,870 | €14,412 | +€6,542 | +83.1% |
| Profit (loss) for the period before taxes | 9903 | €50,511 | €63,893 | +€13,382 | +26.5% |
| Income taxes | 67/77 | €11,437 | €20,547 | +€9,109 | +79.6% |
| Profit (loss) for the period | 9904 | €39,074 | €43,346 | +€4,272 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,074 | €43,346 | +€4,272 | +10.9% |
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.