Chen's Algemene Voeding: 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's Algemene Voeding
Largest movements
- Receivables within one year +€508,285
up €508,285 (+95.4%), from €532,683 to €1.0m
of which Trade receivables: +€507,869
- Stocks and contracts +€104,428
up €104,428 (+16.0%), from €652,381 to €756,809
- Current portion of long-term debt +€217,407
up €217,407 (+150%), from €145,227 to €362,634
- Trade debts +€200,123
up €200,123 (+25.7%), from €777,196 to €977,319
- Profit (loss) carried forward +€129,497
up €129,497 (+41.5%), from €311,975 to €441,472
- Tax, wage and social debts +€88,057
up €88,057 (+60.1%), from €146,399 to €234,456
of which Taxes: +€82,374
- Gross operating margin +€251,404
up €251,404 (+52.5%), from €479,199 to €730,602
- Other operating charges +€79,302
up €79,302 (+53.2%), from €148,994 to €228,295
- Depreciation +€42,445
up €42,445 (+122%), from €34,924 to €77,369
- Staff costs +€35,778
up €35,778 (+26.0%), from €137,704 to €173,482
- Taxes +€19,277
up €19,277 (+64.9%), from €29,703 to €48,981
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 | €2,083,172 | €2,692,297 | +€609,125 | +29.2% |
| Fixed assets | 21/28 | €765,593 | €768,824 | +€3,230 | +0.4% |
| Intangible fixed assets | 21 | €16,198 | €13,548 | -€2,650 | -16.4% |
| Tangible fixed assets | 22/27 | €736,268 | €742,148 | +€5,880 | +0.8% |
| Land and buildings | 22 | €492,692 | €480,452 | -€12,240 | -2.5% |
| Plant, machinery and equipment | 23 | €236,079 | €219,726 | -€16,352 | -6.9% |
| Furniture and vehicles | 24 | €7,497 | €6,051 | -€1,445 | -19.3% |
| Leasing and similar rights | 25 | - | €35,918 | +€35,918 | |
| Financial fixed assets | 28 | €13,128 | €13,128 | = | 0.0% |
| Current assets | 29/58 | €1,317,579 | €1,923,474 | +€605,895 | +46.0% |
| Stocks and contracts in progress | 3 | €652,381 | €756,809 | +€104,428 | +16.0% |
| Stocks | 30/36 | €652,381 | €756,809 | +€104,428 | +16.0% |
| Amounts receivable within one year | 40/41 | €532,683 | €1,040,968 | +€508,285 | +95.4% |
| Trade receivables | 40 | €527,783 | €1,035,653 | +€507,869 | +96.2% |
| Other amounts receivable | 41 | €4,900 | €5,315 | +€416 | +8.5% |
| Cash at bank and in hand | 54/58 | €131,005 | €123,637 | -€7,368 | -5.6% |
| Deferred charges and accrued income | 490/1 | €1,510 | €2,060 | +€550 | +36.4% |
| Total equity and liabilities | 10/49 | €2,083,172 | €2,692,297 | +€609,125 | +29.2% |
| Equity | 10/15 | €316,975 | €446,472 | +€129,497 | +40.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €311,975 | €441,472 | +€129,497 | +41.5% |
| Amounts payable | 17/49 | €1,766,197 | €2,245,825 | +€479,628 | +27.2% |
| Amounts payable after more than one year | 17 | €695,494 | €670,215 | -€25,279 | -3.6% |
| Financial debts | 170/4 | €695,494 | €670,215 | -€25,279 | -3.6% |
| Amounts payable within one year | 42/48 | €1,070,703 | €1,574,409 | +€503,705 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €145,227 | €362,634 | +€217,407 | +150% |
| Trade debts | 44 | €777,196 | €977,319 | +€200,123 | +25.7% |
| Suppliers | 440/4 | €777,196 | €977,319 | +€200,123 | +25.7% |
| Taxes, remuneration and social security | 45 | €146,399 | €234,456 | +€88,057 | +60.1% |
| Taxes | 450/3 | €113,253 | €195,627 | +€82,374 | +72.7% |
| Remuneration and social security | 454/9 | €33,146 | €38,829 | +€5,683 | +17.1% |
| Other amounts payable | 47/48 | €1,882 | - | -€1,882 | |
| Accrued charges and deferred income | 492/3 | - | €1,202 | +€1,202 | |
| Non-recurring operating income | 76A | - | €29,040 | +€29,040 | |
| Remuneration, social security and pensions | 62 | €137,704 | €173,482 | +€35,778 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,924 | €77,369 | +€42,445 | +122% |
| Other operating charges | 640/8 | €148,994 | €228,295 | +€79,302 | +53.2% |
| Gross operating margin | 9900 | €479,199 | €730,602 | +€251,404 | +52.5% |
| Operating profit (loss) | 9901 | €157,577 | €251,456 | +€93,879 | +59.6% |
| Financial income | 75/76B | €5,647 | €273 | -€5,373 | -95.2% |
| Recurring financial income | 75 | €5,647 | €273 | -€5,373 | -95.2% |
| Financial charges | 65/66B | €56,369 | €73,251 | +€16,882 | +29.9% |
| Recurring financial charges | 65 | €56,369 | €73,251 | +€16,882 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €106,854 | €178,478 | +€71,624 | +67.0% |
| Income taxes | 67/77 | €29,703 | €48,981 | +€19,277 | +64.9% |
| Profit (loss) for the period | 9904 | €77,151 | €129,497 | +€52,346 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,151 | €129,497 | +€52,346 | +67.8% |
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 21 October 2026 via checked.be.