CHEYENNE: 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.
CHEYENNE
Largest movements
- Cash -€54,496
down €54,496 (-21.5%), from €253,291 to €198,795
mainly Net result for the year (-€35,883) and Receivables within one year (-€32,325)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€17,292
down €17,292 (-100.0%), from €17,292 to €0
- Gross operating margin -€17,277
down €17,277 (-64.8%), from €26,655 to €9,377
- Taxes +€11,371
up €11,371, from -€9,928 to €1,444
- Financial charges -€9,000
down €9,000 (-96.3%), from €9,344 to €344
- Depreciation +€6,640
up €6,640 (+30.5%), from €21,794 to €28,434
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 | €3,822,021 | €3,771,415 | -€50,605 | -1.3% |
| Fixed assets | 21/28 | €168,625 | €140,191 | -€28,434 | -16.9% |
| Tangible fixed assets | 22/27 | €167,071 | €138,636 | -€28,434 | -17.0% |
| Land and buildings | 22 | €167,071 | €138,636 | -€28,434 | -17.0% |
| Financial fixed assets | 28 | €1,554 | €1,554 | = | 0.0% |
| Current assets | 29/58 | €3,653,396 | €3,631,224 | -€22,171 | -0.6% |
| Amounts receivable within one year | 40/41 | €3,400,105 | €3,432,430 | +€32,325 | +1.0% |
| Trade receivables | 40 | €27,621 | €29,908 | +€2,287 | +8.3% |
| Other amounts receivable | 41 | €3,372,484 | €3,402,522 | +€30,038 | +0.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €253,291 | €198,795 | -€54,496 | -21.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,822,021 | €3,771,415 | -€50,605 | -1.3% |
| Equity | 10/15 | €3,685,658 | €3,649,775 | -€35,883 | -1.0% |
| Contributions | 10/11 | €3,088,000 | €3,088,000 | = | 0.0% |
| Capital | 10 | €3,088,000 | €3,088,000 | = | 0.0% |
| Issued capital | 100 | €3,088,000 | €3,088,000 | = | 0.0% |
| Reserves | 13 | €27,206 | €27,206 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,542 | €19,542 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,542 | €19,542 | = | 0.0% |
| Tax-exempt reserves | 132 | €606 | €606 | = | 0.0% |
| Distributable reserves | 133 | €7,058 | €7,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | €570,452 | €534,569 | -€35,883 | -6.3% |
| Amounts payable | 17/49 | €136,363 | €121,640 | -€14,722 | -10.8% |
| Amounts payable within one year | 42/48 | €136,363 | €121,640 | -€14,722 | -10.8% |
| Trade debts | 44 | €21,573 | €20,665 | -€909 | -4.2% |
| Suppliers | 440/4 | €21,573 | €20,665 | -€909 | -4.2% |
| Advances received on contracts in progress | 46 | €12,000 | €837 | -€11,163 | -93.0% |
| Taxes, remuneration and social security | 45 | €1,539 | €1,444 | -€95 | -6.2% |
| Taxes | 450/3 | €1,539 | €1,444 | -€95 | -6.2% |
| Other amounts payable | 47/48 | €101,250 | €98,695 | -€2,556 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,794 | €28,434 | +€6,640 | +30.5% |
| Other operating charges | 640/8 | €15,268 | €15,039 | -€229 | -1.5% |
| Gross operating margin | 9900 | €26,655 | €9,377 | -€17,277 | -64.8% |
| Operating profit (loss) | 9901 | -€10,408 | -€34,096 | -€23,689 | -227.6% |
| Financial income | 75/76B | €17,292 | €0 | -€17,292 | -100.0% |
| Recurring financial income | 75 | €17,292 | €0 | -€17,292 | -100.0% |
| Financial charges | 65/66B | €9,344 | €344 | -€9,000 | -96.3% |
| Recurring financial charges | 65 | €9,344 | €344 | -€9,000 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,460 | -€34,440 | -€31,980 | -1300.2% |
| Income taxes | 67/77 | -€9,928 | €1,444 | +€11,371 | |
| Profit (loss) for the period | 9904 | €7,468 | -€35,883 | -€43,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,468 | -€35,883 | -€43,351 |
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 6 October 2026 via checked.be.