CHENSIES: 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.
CHENSIES
Largest movements
- Tangible fixed assets +€87,767
up €87,767 (+45.2%), from €194,018 to €281,786
of which Land and buildings: +€91,219
- Receivables within one year -€50,000
no longer reported in 2025 (was €50,000)
- Deferred charges and accrued income -€9,100
no longer reported in 2025 (was €9,100)
- Debts after one year -€65,821
down €65,821 (-91.4%), from €72,005 to €6,184
- Other debts +€56,015
up €56,015 (+33.1%), from €169,298 to €225,312
- Profit (loss) carried forward +€21,823
up €21,823 (+18.2%), from -€119,735 to -€97,913
- Accrued charges and deferred income +€9,415
up €9,415 (+59.0%), from €15,955 to €25,370
- Tax, wage and social debts +€5,880
up €5,880 (+136.5%), from €4,309 to €10,189
- Gross operating margin +€29,220
up €29,220 (+84.1%), from €34,745 to €63,965
- Purchases and services -€29,220
down €29,220 (-59.3%), from €49,255 to €20,035
- Financial charges +€7,850
up €7,850 (+168.4%), from €4,661 to €12,511
- Taxes +€5,122
up €5,122 (+191.8%), from €2,671 to €7,793
- Depreciation +€1,287
up €1,287 (+7.5%), from €17,220 to €18,507
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 | €253,491 | €282,683 | +€29,192 | +11.5% |
| Fixed assets | 21/28 | €194,018 | €281,786 | +€87,767 | +45.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | 0.0% |
| Tangible fixed assets | 22/27 | €194,018 | €281,786 | +€87,767 | +45.2% |
| Land and buildings | 22 | €187,871 | €279,090 | +€91,219 | +48.6% |
| Plant, machinery and equipment | 23 | €5,553 | €2,347 | -€3,206 | -57.7% |
| Furniture and vehicles | 24 | €594 | €348 | -€246 | -41.4% |
| Current assets | 29/58 | €59,473 | €897 | -€58,576 | -98.5% |
| Amounts receivable within one year | 40/41 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 41 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €373 | €897 | +€524 | +140.5% |
| Deferred charges and accrued income | 490/1 | €9,100 | - | -€9,100 | |
| Total equity and liabilities | 10/49 | €253,491 | €282,683 | +€29,192 | +11.5% |
| Equity | 10/15 | -€83,674 | -€61,851 | +€21,823 | +26.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,062 | €16,062 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €14,062 | €14,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,735 | -€97,913 | +€21,823 | +18.2% |
| Amounts payable | 17/49 | €337,165 | €344,534 | +€7,369 | +2.2% |
| Amounts payable after more than one year | 17 | €72,005 | €6,184 | -€65,821 | -91.4% |
| Financial debts | 170/4 | €72,005 | €6,184 | -€65,821 | -91.4% |
| Amounts payable within one year | 42/48 | €249,205 | €312,980 | +€63,775 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €64,207 | €65,821 | +€1,615 | +2.5% |
| Trade debts | 44 | €2,382 | €2,647 | +€265 | +11.1% |
| Suppliers | 440/4 | €2,382 | €2,647 | +€265 | +11.1% |
| Advances received on contracts in progress | 46 | €9,011 | €9,011 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,309 | €10,189 | +€5,880 | +136.5% |
| Taxes | 450/3 | €4,309 | €10,189 | +€5,880 | +136.5% |
| Other amounts payable | 47/48 | €169,298 | €225,312 | +€56,015 | +33.1% |
| Accrued charges and deferred income | 492/3 | €15,955 | €25,370 | +€9,415 | +59.0% |
| Turnover | 70 | €84,000 | €84,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €49,255 | €20,035 | -€29,220 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,220 | €18,507 | +€1,287 | +7.5% |
| Other operating charges | 640/8 | €2,349 | €2,876 | +€527 | +22.4% |
| Non-recurring operating charges | 66A | €50 | €456 | +€406 | +812.8% |
| Gross operating margin | 9900 | €34,745 | €63,965 | +€29,220 | +84.1% |
| Operating profit (loss) | 9901 | €15,126 | €42,127 | +€27,001 | +178.5% |
| Financial charges | 65/66B | €4,661 | €12,511 | +€7,850 | +168.4% |
| Recurring financial charges | 65 | €4,661 | €12,511 | +€7,850 | +168.4% |
| Profit (loss) for the period before taxes | 9903 | €10,465 | €29,615 | +€19,150 | +183.0% |
| Income taxes | 67/77 | €2,671 | €7,793 | +€5,122 | +191.8% |
| Profit (loss) for the period | 9904 | €7,794 | €21,823 | +€14,029 | +180.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,794 | €21,823 | +€14,029 | +180.0% |
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 6 October 2026 via checked.be.