CHEN SUN: 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.
CHEN SUN
Largest movements
- Cash +€54,727
up €54,727 (+92.1%), from €59,425 to €114,153
mainly Net result for the year (+€45,001) and Stocks and contracts (+€18,900)
- Stocks and contracts -€18,900
down €18,900 (-52.1%), from €36,300 to €17,400
- Tangible fixed assets -€9,870
down €9,870 (-51.9%), from €19,003 to €9,133
of which Furniture and vehicles: -€8,303
- Profit (loss) carried forward +€45,001
up €45,001 (+79.1%), from €56,919 to €101,920
- Trade debts -€12,764
down €12,764 (-43.2%), from €29,580 to €16,816
- Current portion of long-term debt -€4,730
down €4,730 (-49.2%), from €9,617 to €4,887
- Debts after one year -€3,320
no longer reported in 2025 (was €3,320)
- Tax, wage and social debts +€2,227
up €2,227 (+404.5%), from €551 to €2,778
- Gross operating margin +€42,241
up €42,241 (+194.1%), from €21,763 to €64,004
- Taxes -€8,718
down €8,718 (-95.5%), from €9,130 to €413
- Depreciation +€1,121
up €1,121 (+8.0%), from €13,977 to €15,098
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 | €120,446 | €146,861 | +€26,415 | +21.9% |
| Fixed assets | 21/28 | €22,003 | €12,133 | -€9,870 | -44.9% |
| Tangible fixed assets | 22/27 | €19,003 | €9,133 | -€9,870 | -51.9% |
| Plant, machinery and equipment | 23 | €6,266 | €4,700 | -€1,567 | -25.0% |
| Furniture and vehicles | 24 | €12,736 | €4,434 | -€8,303 | -65.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €98,443 | €134,728 | +€36,285 | +36.9% |
| Stocks and contracts in progress | 3 | €36,300 | €17,400 | -€18,900 | -52.1% |
| Stocks | 30/36 | €36,300 | €17,400 | -€18,900 | -52.1% |
| Amounts receivable within one year | 40/41 | €2,718 | €3,175 | +€457 | +16.8% |
| Trade receivables | 40 | €262 | - | -€262 | |
| Other amounts receivable | 41 | €2,456 | €3,175 | +€719 | +29.3% |
| Cash at bank and in hand | 54/58 | €59,425 | €114,153 | +€54,727 | +92.1% |
| Total equity and liabilities | 10/49 | €120,446 | €146,861 | +€26,415 | +21.9% |
| Equity | 10/15 | €77,379 | €122,380 | +€45,001 | +58.2% |
| Reserves | 13 | €20,460 | €20,460 | = | 0.0% |
| Distributable reserves | 133 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,919 | €101,920 | +€45,001 | +79.1% |
| Amounts payable | 17/49 | €43,067 | €24,481 | -€18,586 | -43.2% |
| Amounts payable after more than one year | 17 | €3,320 | - | -€3,320 | |
| Trade debts | 175 | €3,320 | - | -€3,320 | |
| Amounts payable within one year | 42/48 | €39,747 | €24,481 | -€15,266 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €9,617 | €4,887 | -€4,730 | -49.2% |
| Trade debts | 44 | €29,580 | €16,816 | -€12,764 | -43.2% |
| Suppliers | 440/4 | €29,580 | €16,816 | -€12,764 | -43.2% |
| Taxes, remuneration and social security | 45 | €551 | €2,778 | +€2,227 | +404.5% |
| Taxes | 450/3 | €551 | €2,778 | +€2,227 | +404.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,977 | €15,098 | +€1,121 | +8.0% |
| Other operating charges | 640/8 | €1,251 | €1,022 | -€228 | -18.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €21,763 | €64,004 | +€42,241 | +194.1% |
| Operating profit (loss) | 9901 | €6,535 | €47,883 | +€41,348 | +632.7% |
| Financial charges | 65/66B | €2,553 | €2,469 | -€84 | -3.3% |
| Recurring financial charges | 65 | €2,553 | €2,469 | -€84 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €3,982 | €45,414 | +€41,432 | +1040.6% |
| Income taxes | 67/77 | €9,130 | €413 | -€8,718 | -95.5% |
| Profit (loss) for the period | 9904 | -€5,149 | €45,001 | +€50,150 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,149 | €45,001 | +€50,150 |
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 9 October 2026 via checked.be.