CHEN'S TAKE-AWAY: 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 TAKE-AWAY
Largest movements
- Tangible fixed assets -€16,554
down €16,554 (-26.3%), from €62,953 to €46,399
of which Leasing and similar rights: -€9,309
- Cash +€9,717
up €9,717 (+47.1%), from €20,614 to €30,332
mainly Net result for the year (+€26,954) and Depreciation (+€20,449)
- Deferred charges and accrued income -€924
down €924 (-47.6%), from €1,942 to €1,019
- Other debts -€31,630
down €31,630 (-66.9%), from €47,279 to €15,650
- Profit (loss) carried forward +€18,303
no longer reported in 2025 (was -€18,303)
- Debts after one year -€9,295
down €9,295 (-39.5%), from €23,541 to €14,246
- Reserves +€8,651
new in 2025: €8,651
- Tax, wage and social debts +€8,101
up €8,101 (+107%), from €7,578 to €15,679
of which Taxes: +€4,171
- Gross operating margin +€33,253
up €33,253 (+40.8%), from €81,434 to €114,687
- Taxes +€15,364
up €15,364 (+3,429%), from €448 to €15,812
- Staff costs -€9,064
down €9,064 (-22.3%), from €40,692 to €31,628
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 | €89,884 | €82,143 | -€7,741 | -8.6% |
| Fixed assets | 21/28 | €63,827 | €46,773 | -€17,054 | -26.7% |
| Intangible fixed assets | 21 | €874 | €374 | -€500 | -57.2% |
| Tangible fixed assets | 22/27 | €62,953 | €46,399 | -€16,554 | -26.3% |
| Plant, machinery and equipment | 23 | €24,463 | €19,859 | -€4,605 | -18.8% |
| Furniture and vehicles | 24 | €8,394 | €5,754 | -€2,640 | -31.5% |
| Leasing and similar rights | 25 | €30,095 | €20,786 | -€9,309 | -30.9% |
| Current assets | 29/58 | €26,057 | €35,370 | +€9,313 | +35.7% |
| Stocks and contracts in progress | 3 | €3,500 | €4,019 | +€519 | +14.8% |
| Stocks | 30/36 | €3,500 | €4,019 | +€519 | +14.8% |
| Cash at bank and in hand | 54/58 | €20,614 | €30,332 | +€9,717 | +47.1% |
| Deferred charges and accrued income | 490/1 | €1,942 | €1,019 | -€924 | -47.6% |
| Total equity and liabilities | 10/49 | €89,884 | €82,143 | -€7,741 | -8.6% |
| Equity | 10/15 | -€13,303 | €13,651 | +€26,954 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €8,651 | +€8,651 | |
| Distributable reserves | 133 | - | €8,651 | +€8,651 | |
| Profit (loss) carried forward | 14 | -€18,303 | - | +€18,303 | |
| Amounts payable | 17/49 | €103,187 | €68,492 | -€34,694 | -33.6% |
| Amounts payable after more than one year | 17 | €23,541 | €14,246 | -€9,295 | -39.5% |
| Financial debts | 170/4 | €23,541 | €14,246 | -€9,295 | -39.5% |
| Amounts payable within one year | 42/48 | €79,298 | €54,246 | -€25,051 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €9,839 | €9,295 | -€544 | -5.5% |
| Trade debts | 44 | €14,601 | €13,623 | -€978 | -6.7% |
| Suppliers | 440/4 | €14,601 | €13,623 | -€978 | -6.7% |
| Taxes, remuneration and social security | 45 | €7,578 | €15,679 | +€8,101 | +107% |
| Taxes | 450/3 | €3,645 | €7,816 | +€4,171 | +114% |
| Remuneration and social security | 454/9 | €3,933 | €7,863 | +€3,930 | +99.9% |
| Other amounts payable | 47/48 | €47,279 | €15,650 | -€31,630 | -66.9% |
| Accrued charges and deferred income | 492/3 | €348 | - | -€348 | |
| Remuneration, social security and pensions | 62 | €40,692 | €31,628 | -€9,064 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,107 | €20,449 | +€342 | +1.7% |
| Other operating charges | 640/8 | €5,800 | €5,668 | -€133 | -2.3% |
| Gross operating margin | 9900 | €81,434 | €114,687 | +€33,253 | +40.8% |
| Operating profit (loss) | 9901 | €14,836 | €56,943 | +€42,107 | +284% |
| Financial income | 75/76B | €283 | €82 | -€201 | -71.1% |
| Recurring financial income | 75 | €148 | €82 | -€66 | -44.6% |
| Non-recurring financial income | 76B | €135 | - | -€135 | |
| Financial charges | 65/66B | €13,652 | €14,259 | +€606 | +4.4% |
| Recurring financial charges | 65 | €13,652 | €14,259 | +€606 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €1,466 | €42,766 | +€41,300 | +2,818% |
| Income taxes | 67/77 | €448 | €15,812 | +€15,364 | +3,429% |
| Profit (loss) for the period | 9904 | €1,018 | €26,954 | +€25,936 | +2,549% |
| Profit (loss) for the period to be appropriated | 9905 | €1,018 | €26,954 | +€25,936 | +2,549% |
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 27 October 2026 via checked.be.