Chief Capital: what changed
Two fiscal 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.
Chief Capital
Largest movements
- Tangible fixed assets +€513
new in 2025: €513
- Cash -€99
down €99 (-56.9%), from €173 to €75
mainly Net result for the year (-€2,526) and Investment in fixed assets (net) (-€684)
- Receivables within one year +€17
up €17 (+5.5%), from €310 to €327
- Profit (loss) carried forward -€2,526
down €2,526 (-36.2%), from -€6,986 to -€9,511
- Other debts +€2,428
up €2,428 (+51.2%), from €4,742 to €7,170
- Trade debts +€529
new in 2025: €529
- Gross operating margin +€4,843
up €4,843 (+70.4%), from -€6,877 to -€2,034
- Depreciation +€171
new in 2025: €171
- Financial charges +€142
up €142 (+241.3%), from €59 to €201
- Other operating charges +€70
up €70 (+140.0%), from €50 to €120
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 | €484 | €915 | +€431 | +89.2% |
| Fixed assets | 21/28 | - | €513 | +€513 | |
| Tangible fixed assets | 22/27 | - | €513 | +€513 | |
| Furniture and vehicles | 24 | - | €513 | +€513 | |
| Current assets | 29/58 | €484 | €402 | -€81 | -16.8% |
| Amounts receivable within one year | 40/41 | €310 | €327 | +€17 | +5.5% |
| Other amounts receivable | 41 | €310 | €327 | +€17 | +5.5% |
| Cash at bank and in hand | 54/58 | €173 | €75 | -€99 | -56.9% |
| Total equity and liabilities | 10/49 | €484 | €915 | +€431 | +89.2% |
| Equity | 10/15 | -€4,486 | -€7,011 | -€2,526 | -56.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,986 | -€9,511 | -€2,526 | -36.2% |
| Amounts payable | 17/49 | €4,969 | €7,926 | +€2,957 | +59.5% |
| Amounts payable within one year | 42/48 | €4,969 | €7,926 | +€2,957 | +59.5% |
| Trade debts | 44 | - | €529 | +€529 | |
| Suppliers | 440/4 | - | €529 | +€529 | |
| Taxes, remuneration and social security | 45 | €227 | €227 | = | 0.0% |
| Taxes | 450/3 | €227 | €227 | = | 0.0% |
| Other amounts payable | 47/48 | €4,742 | €7,170 | +€2,428 | +51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €171 | +€171 | |
| Other operating charges | 640/8 | €50 | €120 | +€70 | +140.0% |
| Gross operating margin | 9900 | -€6,877 | -€2,034 | +€4,843 | +70.4% |
| Operating profit (loss) | 9901 | -€6,927 | -€2,325 | +€4,602 | +66.4% |
| Financial charges | 65/66B | €59 | €201 | +€142 | +241.3% |
| Recurring financial charges | 65 | €59 | €201 | +€142 | +241.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,986 | -€2,526 | +€4,460 | +63.8% |
| Profit (loss) for the period | 9904 | -€6,986 | -€2,526 | +€4,460 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,986 | -€2,526 | +€4,460 | +63.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.