CHEN-YE: 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-YE
Largest movements
- Cash -€41,373
down €41,373 (-40.5%), from €102,180 to €60,807
mainly Tax, wage and social debts (-€28,880) and Net result for the year (-€23,327)
- Tangible fixed assets -€12,278
down €12,278 (-80.6%), from €15,234 to €2,956
- Tax, wage and social debts -€28,880
down €28,880 (-97.5%), from €29,625 to €745
- Profit (loss) carried forward -€21,281
down €21,281 (-32.9%), from €64,742 to €43,461
- Reserves -€2,046
down €2,046 (-46.8%), from €4,371 to €2,325
of which Tax-exempt reserves: -€2,046
- Financial income -€2,224
no longer reported in 2025 (was €2,224)
- Gross operating margin +€1,678
up €1,678 (+15.7%), from -€10,704 to -€9,026
- Other operating charges +€748
up €748 (+146.2%), from €511 to €1,259
- Financial charges +€264
up €264 (+99.0%), from €266 to €530
- Taxes +€116
up €116 (+18.4%), from €629 to €745
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 | €119,353 | €65,631 | -€53,722 | -45.0% |
| Fixed assets | 21/28 | €15,794 | €3,256 | -€12,538 | -79.4% |
| Tangible fixed assets | 22/27 | €15,234 | €2,956 | -€12,278 | -80.6% |
| Furniture and vehicles | 24 | €15,234 | €2,956 | -€12,278 | -80.6% |
| Financial fixed assets | 28 | €560 | €300 | -€260 | -46.4% |
| Current assets | 29/58 | €103,559 | €62,375 | -€41,183 | -39.8% |
| Amounts receivable within one year | 40/41 | €810 | €956 | +€146 | +18.0% |
| Trade receivables | 40 | €216 | €383 | +€168 | +77.8% |
| Other amounts receivable | 41 | €595 | €573 | -€22 | -3.7% |
| Cash at bank and in hand | 54/58 | €102,180 | €60,807 | -€41,373 | -40.5% |
| Deferred charges and accrued income | 490/1 | €569 | €613 | +€44 | +7.7% |
| Total equity and liabilities | 10/49 | €119,353 | €65,631 | -€53,722 | -45.0% |
| Equity | 10/15 | €87,713 | €64,387 | -€23,327 | -26.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,371 | €2,325 | -€2,046 | -46.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,511 | €465 | -€2,046 | -81.5% |
| Profit (loss) carried forward | 14 | €64,742 | €43,461 | -€21,281 | -32.9% |
| Provisions and deferred taxes | 16 | €628 | €116 | -€511 | -81.5% |
| Deferred taxes | 168 | €628 | €116 | -€511 | -81.5% |
| Amounts payable | 17/49 | €31,012 | €1,128 | -€29,884 | -96.4% |
| Amounts payable within one year | 42/48 | €30,986 | €1,102 | -€29,884 | -96.4% |
| Trade debts | 44 | €762 | €357 | -€405 | -53.2% |
| Suppliers | 440/4 | €762 | €357 | -€405 | -53.2% |
| Taxes, remuneration and social security | 45 | €29,625 | €745 | -€28,880 | -97.5% |
| Taxes | 450/3 | €29,625 | €745 | -€28,880 | -97.5% |
| Other amounts payable | 47/48 | €598 | - | -€598 | |
| Accrued charges and deferred income | 492/3 | €26 | €26 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€56 | - | +€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,278 | €12,278 | = | 0.0% |
| Other operating charges | 640/8 | €511 | €1,259 | +€748 | +146.2% |
| Gross operating margin | 9900 | -€10,704 | -€9,026 | +€1,678 | +15.7% |
| Operating profit (loss) | 9901 | -€23,437 | -€22,563 | +€874 | +3.7% |
| Financial income | 75/76B | €2,224 | - | -€2,224 | |
| Recurring financial income | 75 | €2,224 | - | -€2,224 | |
| Financial charges | 65/66B | €266 | €530 | +€264 | +99.0% |
| Recurring financial charges | 65 | €266 | €530 | +€264 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,479 | -€23,093 | -€1,614 | -7.5% |
| Transfer from deferred taxes | 780 | €511 | €511 | = | 0.0% |
| Income taxes | 67/77 | €629 | €745 | +€116 | +18.4% |
| Profit (loss) for the period | 9904 | -€21,597 | -€23,327 | -€1,730 | -8.0% |
| Transfer from tax-exempt reserves | 789 | €2,046 | €2,046 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,551 | -€21,281 | -€1,730 | -8.8% |
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 4 October 2026 via checked.be.