CHENG HOLDING: 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.
CHENG HOLDING
Largest movements
- Cash +€122,656
up €122,656 (+73.0%), from €167,938 to €290,594
mainly Receivables after one year (+€94,199) and Net result for the year (+€45,775)
- Receivables after one year -€94,199
down €94,199 (-7.2%), from €1.3m to €1.2m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€2,945
down €2,945 (-3.6%), from €81,443 to €78,497
of which Financial income: -€2,945
- Other operating charges -€1,326
down €1,326 (-54.2%), from €2,444 to €1,118
- Financial charges +€1,323
up €1,323 (+18.6%), from €7,120 to €8,443
- Taxes -€1,058
down €1,058 (-6.0%), from €17,721 to €16,663
- Gross operating margin +€351
up €351 (+5.1%), from -€6,849 to -€6,498
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 | €9,253,101 | €9,302,712 | +€49,611 | +0.5% |
| Fixed assets | 21/28 | €54,015 | €54,015 | = | 0.0% |
| Financial fixed assets | 28 | €54,015 | €54,015 | = | 0.0% |
| Current assets | 29/58 | €9,199,086 | €9,248,697 | +€49,611 | +0.5% |
| Amounts receivable after more than one year | 29 | €1,317,212 | €1,223,014 | -€94,199 | -7.2% |
| Other amounts receivable | 291 | €1,317,212 | €1,223,014 | -€94,199 | -7.2% |
| Amounts receivable within one year | 40/41 | €5,533,980 | €5,555,133 | +€21,153 | +0.4% |
| Other amounts receivable | 41 | €5,533,980 | €5,555,133 | +€21,153 | +0.4% |
| Current investments | 50/53 | €2,179,957 | €2,179,957 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €167,938 | €290,594 | +€122,656 | +73.0% |
| Total equity and liabilities | 10/49 | €9,253,101 | €9,302,712 | +€49,611 | +0.5% |
| Equity | 10/15 | €9,219,067 | €9,264,841 | +€45,775 | +0.5% |
| Contributions | 10/11 | €2,465,463 | €2,465,463 | = | 0.0% |
| Reserves | 13 | €465,796 | €465,796 | = | 0.0% |
| Distributable reserves | 133 | €465,796 | €465,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,287,808 | €6,333,583 | +€45,775 | +0.7% |
| Amounts payable | 17/49 | €34,034 | €37,870 | +€3,836 | +11.3% |
| Amounts payable within one year | 42/48 | €32,351 | €34,384 | +€2,033 | +6.3% |
| Taxes, remuneration and social security | 45 | €32,351 | €34,384 | +€2,033 | +6.3% |
| Taxes | 450/3 | €32,351 | €34,384 | +€2,033 | +6.3% |
| Accrued charges and deferred income | 492/3 | €1,683 | €3,487 | +€1,803 | +107% |
| Other operating charges | 640/8 | €2,444 | €1,118 | -€1,326 | -54.2% |
| Gross operating margin | 9900 | -€6,849 | -€6,498 | +€351 | +5.1% |
| Operating profit (loss) | 9901 | -€9,293 | -€7,617 | +€1,676 | +18.0% |
| Financial income | 75/76B | €81,443 | €78,497 | -€2,945 | -3.6% |
| Recurring financial income | 75 | €81,443 | €78,497 | -€2,945 | -3.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,120 | €8,443 | +€1,323 | +18.6% |
| Recurring financial charges | 65 | €7,120 | €8,443 | +€1,323 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €65,030 | €62,438 | -€2,592 | -4.0% |
| Income taxes | 67/77 | €17,721 | €16,663 | -€1,058 | -6.0% |
| Profit (loss) for the period | 9904 | €47,309 | €45,775 | -€1,535 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,309 | €45,775 | -€1,535 | -3.2% |
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 14 October 2026 via checked.be.