CHEN EN YANG: 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.
CHEN EN YANG
Largest movements
- Receivables within one year +€29,184
up €29,184 (+19.0%), from €153,261 to €182,444
of which Other amounts receivable: +€38,552
- Cash -€7,795
down €7,795 (-16.1%), from €48,418 to €40,623
mainly Other debts (-€97,068) and Current portion of long-term debt (-€81,367)
- Reserves +€198,773
up €198,773 (+54.7%), from €363,599 to €562,373
- Other debts -€97,068
down €97,068 (-51.3%), from €189,088 to €92,021
- Current portion of long-term debt -€81,367
down €81,367 (-79.4%), from €102,467 to €21,099
- Financial income +€86,733
up €86,733 (+71.2%), from €121,781 to €208,514
- Financial charges -€3,908
down €3,908 (-47.3%), from €8,255 to €4,348
- Depreciation +€556
up €556 (+42.4%), from €1,312 to €1,869
- Other operating charges +€80
up €80 (+9.4%), from €855 to €936
- Gross operating margin +€30
up €30 (+1.3%), from €2,381 to €2,411
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 | €736,420 | €755,493 | +€19,072 | +2.6% |
| Fixed assets | 21/28 | €534,294 | €532,425 | -€1,869 | -0.3% |
| Tangible fixed assets | 22/27 | €4,294 | €2,425 | -€1,869 | -43.5% |
| Furniture and vehicles | 24 | €4,294 | €2,425 | -€1,869 | -43.5% |
| Financial fixed assets | 28 | €530,000 | €530,000 | = | 0.0% |
| Current assets | 29/58 | €202,127 | €223,068 | +€20,941 | +10.4% |
| Amounts receivable within one year | 40/41 | €153,261 | €182,444 | +€29,184 | +19.0% |
| Trade receivables | 40 | €15,459 | €6,091 | -€9,368 | -60.6% |
| Other amounts receivable | 41 | €137,802 | €176,353 | +€38,552 | +28.0% |
| Cash at bank and in hand | 54/58 | €48,418 | €40,623 | -€7,795 | -16.1% |
| Deferred charges and accrued income | 490/1 | €448 | - | -€448 | |
| Total equity and liabilities | 10/49 | €736,420 | €755,493 | +€19,072 | +2.6% |
| Equity | 10/15 | €433,599 | €632,373 | +€198,773 | +45.8% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €363,599 | €562,373 | +€198,773 | +54.7% |
| Distributable reserves | 133 | €363,599 | €562,373 | +€198,773 | +54.7% |
| Amounts payable | 17/49 | €302,821 | €123,120 | -€179,701 | -59.3% |
| Amounts payable after more than one year | 17 | €6,099 | - | -€6,099 | |
| Financial debts | 170/4 | €6,099 | - | -€6,099 | |
| Amounts payable within one year | 42/48 | €296,722 | €123,120 | -€173,602 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €102,467 | €21,099 | -€81,367 | -79.4% |
| Trade debts | 44 | €62 | - | -€62 | |
| Suppliers | 440/4 | €62 | - | -€62 | |
| Taxes, remuneration and social security | 45 | €5,105 | €10,000 | +€4,895 | +95.9% |
| Taxes | 450/3 | €5,105 | €10,000 | +€4,895 | +95.9% |
| Other amounts payable | 47/48 | €189,088 | €92,021 | -€97,068 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,312 | €1,869 | +€556 | +42.4% |
| Other operating charges | 640/8 | €855 | €936 | +€80 | +9.4% |
| Gross operating margin | 9900 | €2,381 | €2,411 | +€30 | +1.3% |
| Operating profit (loss) | 9901 | €214 | -€393 | -€606 | |
| Financial income | 75/76B | €121,781 | €208,514 | +€86,733 | +71.2% |
| Recurring financial income | 75 | €121,781 | €208,514 | +€86,733 | +71.2% |
| Financial charges | 65/66B | €8,255 | €4,348 | -€3,908 | -47.3% |
| Recurring financial charges | 65 | €8,255 | €4,348 | -€3,908 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €113,739 | €203,773 | +€90,034 | +79.2% |
| Income taxes | 67/77 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) for the period | 9904 | €108,739 | €198,773 | +€90,034 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €108,739 | €198,773 | +€90,034 | +82.8% |
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 10 October 2026 via checked.be.