CHALET: 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.
CHALET
Largest movements
- Cash +€46,172
up €46,172 (+1,093%), from €4,224 to €50,397
mainly Depreciation (+€39,292) and Debts after one year (+€27,802)
- Tangible fixed assets +€18,969
up €18,969 (+7.9%), from €238,721 to €257,689
of which Furniture and vehicles: +€40,324
- Receivables within one year -€4,683
down €4,683 (-12.5%), from €37,505 to €32,822
of which Other amounts receivable: -€10,546
- Debts after one year +€27,802
up €27,802 (+20.1%), from €138,621 to €166,423
- Reserves +€26,891
up €26,891 (+29.3%), from €91,929 to €118,820
- Current portion of long-term debt +€9,976
up €9,976 (+165%), from €6,044 to €16,021
- Tax, wage and social debts -€9,007
down €9,007 (-83.7%), from €10,759 to €1,751
- Gross operating margin +€20,345
up €20,345 (+31.6%), from €64,420 to €84,764
- Depreciation +€14,429
up €14,429 (+58.0%), from €24,863 to €39,292
- Financial charges +€1,392
up €1,392 (+17.5%), from €7,944 to €9,336
- Taxes -€1,148
down €1,148 (-10.4%), from €11,082 to €9,934
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 | €288,635 | €345,781 | +€57,146 | +19.8% |
| Fixed assets | 21/28 | €238,721 | €257,689 | +€18,969 | +7.9% |
| Tangible fixed assets | 22/27 | €238,721 | €257,689 | +€18,969 | +7.9% |
| Plant, machinery and equipment | 23 | €75,375 | €63,722 | -€11,653 | -15.5% |
| Furniture and vehicles | 24 | €7,136 | €47,460 | +€40,324 | +565% |
| Other tangible fixed assets | 26 | €156,209 | €146,506 | -€9,703 | -6.2% |
| Current assets | 29/58 | €49,914 | €88,092 | +€38,177 | +76.5% |
| Stocks and contracts in progress | 3 | €5,130 | €4,873 | -€257 | -5.0% |
| Stocks | 30/36 | €5,130 | €4,873 | -€257 | -5.0% |
| Amounts receivable within one year | 40/41 | €37,505 | €32,822 | -€4,683 | -12.5% |
| Trade receivables | 40 | €2,395 | €8,258 | +€5,863 | +245% |
| Other amounts receivable | 41 | €35,110 | €24,564 | -€10,546 | -30.0% |
| Cash at bank and in hand | 54/58 | €4,224 | €50,397 | +€46,172 | +1,093% |
| Deferred charges and accrued income | 490/1 | €3,055 | - | -€3,055 | |
| Total equity and liabilities | 10/49 | €288,635 | €345,781 | +€57,146 | +19.8% |
| Equity | 10/15 | €126,488 | €153,380 | +€26,891 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,929 | €118,820 | +€26,891 | +29.3% |
| Distributable reserves | 133 | €91,929 | €118,820 | +€26,891 | +29.3% |
| Profit (loss) carried forward | 14 | €15,959 | €15,959 | = | 0.0% |
| Amounts payable | 17/49 | €162,146 | €192,401 | +€30,255 | +18.7% |
| Amounts payable after more than one year | 17 | €138,621 | €166,423 | +€27,802 | +20.1% |
| Financial debts | 170/4 | €138,621 | €166,423 | +€27,802 | +20.1% |
| Amounts payable within one year | 42/48 | €23,525 | €25,978 | +€2,453 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €6,044 | €16,021 | +€9,976 | +165% |
| Trade debts | 44 | €6,722 | €8,207 | +€1,484 | +22.1% |
| Suppliers | 440/4 | €6,722 | €8,207 | +€1,484 | +22.1% |
| Taxes, remuneration and social security | 45 | €10,759 | €1,751 | -€9,007 | -83.7% |
| Taxes | 450/3 | €10,759 | €1,751 | -€9,007 | -83.7% |
| Non-recurring operating income | 76A | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,863 | €39,292 | +€14,429 | +58.0% |
| Other operating charges | 640/8 | €654 | €729 | +€75 | +11.5% |
| Gross operating margin | 9900 | €64,420 | €84,764 | +€20,345 | +31.6% |
| Operating profit (loss) | 9901 | €38,903 | €44,743 | +€5,840 | +15.0% |
| Financial income | 75/76B | €1,068 | €1,418 | +€349 | +32.7% |
| Recurring financial income | 75 | €1,068 | €1,418 | +€349 | +32.7% |
| Financial charges | 65/66B | €7,944 | €9,336 | +€1,392 | +17.5% |
| Recurring financial charges | 65 | €7,944 | €9,336 | +€1,392 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €32,027 | €36,825 | +€4,798 | +15.0% |
| Income taxes | 67/77 | €11,082 | €9,934 | -€1,148 | -10.4% |
| Profit (loss) for the period | 9904 | €20,946 | €26,891 | +€5,946 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,946 | €26,891 | +€5,946 | +28.4% |
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 24 October 2026 via checked.be.