CHENZE: 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.
CHENZE
Largest movements
- Stocks and contracts +€20,539
new in 2024: €20,539
- Cash +€8,901
up €8,901 (+20.5%), from €43,426 to €52,327
mainly Trade debts (+€34,109) and Tax, wage and social debts (+€10,273)
- Deferred charges and accrued income +€7,500
new in 2024: €7,500
- Receivables within one year +€6,220
new in 2024: €6,220
- Intangible fixed assets -€5,000
down €5,000 (-10.5%), from €47,479 to €42,479
- Trade debts +€34,109
up €34,109 (+510.9%), from €6,677 to €40,786
- Tax, wage and social debts +€10,273
up €10,273 (+36.7%), from €27,963 to €38,236
of which Remuneration and social security: +€18,652
- Profit (loss) carried forward -€6,126
down €6,126 (-24.8%), from €24,657 to €18,531
- Other debts +€2,352
up €2,352 (+11.8%), from €20,000 to €22,352
- Gross operating margin -€90,509
down €90,509 (-30.9%), from €292,960 to €202,450
- Staff costs -€68,164
down €68,164 (-27.0%), from €252,275 to €184,111
- Other operating charges +€12,413
up €12,413 (+3930.1%), from €316 to €12,728
- Taxes -€10,997
down €10,997, from €6,720 to -€4,277
- Depreciation +€4,095
up €4,095 (+72.7%), from €5,636 to €9,732
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,297 | €169,904 | +€40,608 | +31.4% |
| Fixed assets | 21/28 | €85,871 | €83,319 | -€2,552 | -3.0% |
| Intangible fixed assets | 21 | €47,479 | €42,479 | -€5,000 | -10.5% |
| Tangible fixed assets | 22/27 | €38,391 | €40,839 | +€2,448 | +6.4% |
| Plant, machinery and equipment | 23 | €38,391 | €40,839 | +€2,448 | +6.4% |
| Current assets | 29/58 | €43,426 | €86,585 | +€43,159 | +99.4% |
| Stocks and contracts in progress | 3 | - | €20,539 | +€20,539 | |
| Stocks | 30/36 | - | €20,539 | +€20,539 | |
| Amounts receivable within one year | 40/41 | - | €6,220 | +€6,220 | |
| Other amounts receivable | 41 | - | €6,220 | +€6,220 | |
| Cash at bank and in hand | 54/58 | €43,426 | €52,327 | +€8,901 | +20.5% |
| Deferred charges and accrued income | 490/1 | - | €7,500 | +€7,500 | |
| Total equity and liabilities | 10/49 | €129,297 | €169,904 | +€40,608 | +31.4% |
| Equity | 10/15 | €74,657 | €68,531 | -€6,126 | -8.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,657 | €18,531 | -€6,126 | -24.8% |
| Amounts payable | 17/49 | €54,639 | €101,373 | +€46,734 | +85.5% |
| Amounts payable within one year | 42/48 | €54,639 | €101,373 | +€46,734 | +85.5% |
| Trade debts | 44 | €6,677 | €40,786 | +€34,109 | +510.9% |
| Suppliers | 440/4 | €6,677 | €40,786 | +€34,109 | +510.9% |
| Taxes, remuneration and social security | 45 | €27,963 | €38,236 | +€10,273 | +36.7% |
| Taxes | 450/3 | €27,963 | €19,584 | -€8,379 | -30.0% |
| Remuneration and social security | 454/9 | €0 | €18,652 | +€18,652 | |
| Other amounts payable | 47/48 | €20,000 | €22,352 | +€2,352 | +11.8% |
| Remuneration, social security and pensions | 62 | €252,275 | €184,111 | -€68,164 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,636 | €9,732 | +€4,095 | +72.7% |
| Other operating charges | 640/8 | €316 | €12,728 | +€12,413 | +3930.1% |
| Gross operating margin | 9900 | €292,960 | €202,450 | -€90,509 | -30.9% |
| Operating profit (loss) | 9901 | €34,732 | -€4,121 | -€38,853 | |
| Financial charges | 65/66B | €3,355 | €6,283 | +€2,928 | +87.3% |
| Recurring financial charges | 65 | €3,355 | €6,283 | +€2,928 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €31,378 | -€10,403 | -€41,781 | |
| Income taxes | 67/77 | €6,720 | -€4,277 | -€10,997 | |
| Profit (loss) for the period | 9904 | €24,657 | -€6,126 | -€30,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,657 | -€6,126 | -€30,784 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.