CHEYNA: 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.
CHEYNA
Largest movements
- Tangible fixed assets -€4,979
no longer reported in 2025 (was €4,979)
- Cash +€4,368
up €4,368 (+32.9%), from €13,289 to €17,656
mainly Debts after one year (+€19,000) and Tax, wage and social debts (+€8,234)
- Receivables within one year -€3,358
down €3,358 (-41.8%), from €8,031 to €4,673
of which Trade receivables: -€2,820
- Deferred charges and accrued income +€703
new in 2025: €703
- Debts after one year +€19,000
new in 2025: €19,000
- Other debts -€14,395
down €14,395 (-64.7%), from €22,257 to €7,862
- Profit (loss) carried forward -€12,918
down €12,918 (-198.7%), from -€6,500 to -€19,417
- Tax, wage and social debts +€8,234
up €8,234 (+811.7%), from €1,015 to €9,249
of which Remuneration and social security: +€7,956
- Trade debts -€3,188
down €3,188 (-48.8%), from €6,526 to €3,338
- Gross operating margin -€10,851
down €10,851 (-34.6%), from €31,364 to €20,513
- Other operating charges +€2,290
up €2,290 (+338.5%), from €676 to €2,966
- Staff costs +€955
up €955 (+4.1%), from €23,450 to €24,405
- Financial charges +€682
up €682 (+169.9%), from €401 to €1,083
- Depreciation -€527
down €527 (-9.6%), from €5,506 to €4,979
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 | €26,299 | €23,032 | -€3,266 | -12.4% |
| Fixed assets | 21/28 | €4,979 | - | -€4,979 | |
| Tangible fixed assets | 22/27 | €4,979 | - | -€4,979 | |
| Furniture and vehicles | 24 | €4,979 | - | -€4,979 | |
| Current assets | 29/58 | €21,319 | €23,032 | +€1,713 | +8.0% |
| Amounts receivable within one year | 40/41 | €8,031 | €4,673 | -€3,358 | -41.8% |
| Trade receivables | 40 | €6,212 | €3,391 | -€2,820 | -45.4% |
| Other amounts receivable | 41 | €1,819 | €1,282 | -€538 | -29.6% |
| Cash at bank and in hand | 54/58 | €13,289 | €17,656 | +€4,368 | +32.9% |
| Deferred charges and accrued income | 490/1 | - | €703 | +€703 | |
| Total equity and liabilities | 10/49 | €26,299 | €23,032 | -€3,266 | -12.4% |
| Equity | 10/15 | -€3,500 | -€16,417 | -€12,918 | -369.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,500 | -€19,417 | -€12,918 | -198.7% |
| Amounts payable | 17/49 | €29,798 | €39,449 | +€9,651 | +32.4% |
| Amounts payable after more than one year | 17 | - | €19,000 | +€19,000 | |
| Financial debts | 170/4 | - | €19,000 | +€19,000 | |
| Amounts payable within one year | 42/48 | €29,798 | €20,449 | -€9,349 | -31.4% |
| Trade debts | 44 | €6,526 | €3,338 | -€3,188 | -48.8% |
| Suppliers | 440/4 | €6,526 | €3,338 | -€3,188 | -48.8% |
| Taxes, remuneration and social security | 45 | €1,015 | €9,249 | +€8,234 | +811.7% |
| Taxes | 450/3 | - | €279 | +€279 | |
| Remuneration and social security | 454/9 | €1,015 | €8,970 | +€7,956 | +784.2% |
| Other amounts payable | 47/48 | €22,257 | €7,862 | -€14,395 | -64.7% |
| Remuneration, social security and pensions | 62 | €23,450 | €24,405 | +€955 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,506 | €4,979 | -€527 | -9.6% |
| Other operating charges | 640/8 | €676 | €2,966 | +€2,290 | +338.5% |
| Gross operating margin | 9900 | €31,364 | €20,513 | -€10,851 | -34.6% |
| Operating profit (loss) | 9901 | €1,732 | -€11,837 | -€13,569 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €401 | €1,083 | +€682 | +169.9% |
| Recurring financial charges | 65 | €401 | €1,083 | +€682 | +169.9% |
| Profit (loss) for the period before taxes | 9903 | €1,331 | -€12,918 | -€14,248 | |
| Profit (loss) for the period | 9904 | €1,331 | -€12,918 | -€14,248 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,331 | -€12,918 | -€14,248 |
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 12 October 2026 via checked.be.