CHEN-YE: 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-YE
Largest movements
- Tangible fixed assets +€59,558
up €59,558 (+88.2%), from €67,498 to €127,056
of which Plant, machinery and equipment: +€64,370
- Cash +€31,484
up €31,484 (+32.6%), from €96,569 to €128,053
mainly Net result for the year (+€120,372) and Other debts (+€54,153)
- Receivables within one year +€5,061
up €5,061 (+79.2%), from €6,387 to €11,448
of which Other amounts receivable: +€5,019
- Reserves +€61,218
up €61,218 (+23.4%), from €261,840 to €323,058
- Other debts +€54,153
up €54,153 (+446%), from €12,138 to €66,291
- Tax, wage and social debts -€23,968
down €23,968 (-77.5%), from €30,937 to €6,970
of which Taxes: -€19,496
- Gross operating margin +€29,954
up €29,954 (+16.8%), from €177,811 to €207,765
- Taxes +€6,515
up €6,515 (+15.0%), from €43,314 to €49,829
- Staff costs -€2,752
down €2,752 (-18.1%), from €15,213 to €12,461
- Depreciation +€2,384
up €2,384 (+11.6%), from €20,601 to €22,985
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 | €335,943 | €427,303 | +€91,360 | +27.2% |
| Fixed assets | 21/28 | €67,498 | €127,056 | +€59,558 | +88.2% |
| Tangible fixed assets | 22/27 | €67,498 | €127,056 | +€59,558 | +88.2% |
| Land and buildings | 22 | €34,826 | €28,573 | -€6,253 | -18.0% |
| Plant, machinery and equipment | 23 | €10,375 | €74,745 | +€64,370 | +620% |
| Furniture and vehicles | 24 | €22,297 | €13,776 | -€8,521 | -38.2% |
| Other tangible fixed assets | 26 | - | €9,962 | +€9,962 | |
| Current assets | 29/58 | €268,445 | €300,247 | +€31,802 | +11.8% |
| Stocks and contracts in progress | 3 | €6,234 | €3,651 | -€2,583 | -41.4% |
| Stocks | 30/36 | €6,234 | €3,651 | -€2,583 | -41.4% |
| Amounts receivable within one year | 40/41 | €6,387 | €11,448 | +€5,061 | +79.2% |
| Trade receivables | 40 | €34 | €76 | +€42 | +123% |
| Other amounts receivable | 41 | €6,353 | €11,372 | +€5,019 | +79.0% |
| Current investments | 50/53 | €150,097 | €150,797 | +€700 | +0.5% |
| Cash at bank and in hand | 54/58 | €96,569 | €128,053 | +€31,484 | +32.6% |
| Deferred charges and accrued income | 490/1 | €9,158 | €6,298 | -€2,860 | -31.2% |
| Total equity and liabilities | 10/49 | €335,943 | €427,303 | +€91,360 | +27.2% |
| Equity | 10/15 | €269,840 | €331,058 | +€61,218 | +22.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €261,840 | €323,058 | +€61,218 | +23.4% |
| Distributable reserves | 133 | €261,840 | €323,058 | +€61,218 | +23.4% |
| Amounts payable | 17/49 | €66,103 | €96,245 | +€30,142 | +45.6% |
| Amounts payable within one year | 42/48 | €66,103 | €96,245 | +€30,142 | +45.6% |
| Trade debts | 44 | €23,028 | €22,984 | -€43 | -0.2% |
| Suppliers | 440/4 | €23,028 | €22,984 | -€43 | -0.2% |
| Taxes, remuneration and social security | 45 | €30,937 | €6,970 | -€23,968 | -77.5% |
| Taxes | 450/3 | €20,481 | €985 | -€19,496 | -95.2% |
| Remuneration and social security | 454/9 | €10,456 | €5,984 | -€4,472 | -42.8% |
| Other amounts payable | 47/48 | €12,138 | €66,291 | +€54,153 | +446% |
| Remuneration, social security and pensions | 62 | €15,213 | €12,461 | -€2,752 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,601 | €22,985 | +€2,384 | +11.6% |
| Other operating charges | 640/8 | €2,729 | €2,830 | +€100 | +3.7% |
| Gross operating margin | 9900 | €177,811 | €207,765 | +€29,954 | +16.8% |
| Operating profit (loss) | 9901 | €139,267 | €169,490 | +€30,222 | +21.7% |
| Financial income | 75/76B | €0 | €1,016 | +€1,016 | +3,385,267% |
| Recurring financial income | 75 | €0 | €1,016 | +€1,016 | +3,385,267% |
| Financial charges | 65/66B | €392 | €304 | -€88 | -22.4% |
| Recurring financial charges | 65 | €392 | €304 | -€88 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €138,875 | €170,201 | +€31,326 | +22.6% |
| Income taxes | 67/77 | €43,314 | €49,829 | +€6,515 | +15.0% |
| Profit (loss) for the period | 9904 | €95,561 | €120,372 | +€24,811 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,561 | €120,372 | +€24,811 | +26.0% |
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 15 October 2026 via checked.be.