CHINA WOK: 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.
CHINA WOK
Largest movements
- Tangible fixed assets +€40,686
up €40,686 (+72.3%), from €56,249 to €96,935
of which Plant, machinery and equipment: +€52,008
- Cash -€15,614
down €15,614 (-13.4%), from €116,551 to €100,937
mainly Investment in fixed assets (net) (-€63,175) and Contributions, distributions and other (-€22,000)
- Receivables within one year +€3,935
up €3,935 (+33.9%), from €11,604 to €15,539
of which Other amounts receivable: +€2,654
- Stocks and contracts -€2,381
down €2,381 (-14.1%), from €16,899 to €14,517
- Debts after one year +€37,892
up €37,892 (+136%), from €27,781 to €65,674
- Contributions -€22,000
down €22,000 (-44.0%), from €50,000 to €28,000
- Other debts +€7,516
up €7,516 (+1,515%), from €496 to €8,013
- Trade debts -€4,729
down €4,729 (-27.0%), from €17,495 to €12,765
- Tax, wage and social debts +€4,228
up €4,228 (+152%), from €2,780 to €7,007
of which Taxes: +€3,713
- Taxes -€10,918
down €10,918 (-85.7%), from €12,746 to €1,828
- Gross operating margin -€10,057
down €10,057 (-14.6%), from €68,982 to €58,925
- Staff costs +€9,590
up €9,590 (+61.5%), from €15,590 to €25,180
- Depreciation +€5,788
up €5,788 (+34.7%), from €16,701 to €22,489
- Financial charges +€2,515
up €2,515 (+80.3%), from €3,133 to €5,648
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 | €202,661 | €229,547 | +€26,886 | +13.3% |
| Fixed assets | 21/28 | €56,249 | €96,935 | +€40,686 | +72.3% |
| Tangible fixed assets | 22/27 | €56,249 | €96,935 | +€40,686 | +72.3% |
| Plant, machinery and equipment | 23 | €15,488 | €67,497 | +€52,008 | +336% |
| Leasing and similar rights | 25 | €40,760 | €29,438 | -€11,322 | -27.8% |
| Current assets | 29/58 | €146,412 | €132,612 | -€13,800 | -9.4% |
| Stocks and contracts in progress | 3 | €16,899 | €14,517 | -€2,381 | -14.1% |
| Stocks | 30/36 | €16,899 | €14,517 | -€2,381 | -14.1% |
| Amounts receivable within one year | 40/41 | €11,604 | €15,539 | +€3,935 | +33.9% |
| Trade receivables | 40 | €4,831 | €6,112 | +€1,281 | +26.5% |
| Other amounts receivable | 41 | €6,773 | €9,427 | +€2,654 | +39.2% |
| Cash at bank and in hand | 54/58 | €116,551 | €100,937 | -€15,614 | -13.4% |
| Deferred charges and accrued income | 490/1 | €1,358 | €1,619 | +€261 | +19.2% |
| Total equity and liabilities | 10/49 | €202,661 | €229,547 | +€26,886 | +13.3% |
| Equity | 10/15 | €152,797 | €134,694 | -€18,103 | -11.8% |
| Contributions | 10/11 | €50,000 | €28,000 | -€22,000 | -44.0% |
| Reserves | 13 | €102,797 | €106,694 | +€3,897 | +3.8% |
| Distributable reserves | 133 | €102,797 | €106,694 | +€3,897 | +3.8% |
| Amounts payable | 17/49 | €49,864 | €94,853 | +€44,989 | +90.2% |
| Amounts payable after more than one year | 17 | €27,781 | €65,674 | +€37,892 | +136% |
| Financial debts | 170/4 | €27,781 | €65,674 | +€37,892 | +136% |
| Amounts payable within one year | 42/48 | €20,771 | €27,785 | +€7,015 | +33.8% |
| Trade debts | 44 | €17,495 | €12,765 | -€4,729 | -27.0% |
| Suppliers | 440/4 | €17,495 | €12,765 | -€4,729 | -27.0% |
| Taxes, remuneration and social security | 45 | €2,780 | €7,007 | +€4,228 | +152% |
| Taxes | 450/3 | €1,034 | €4,746 | +€3,713 | +359% |
| Remuneration and social security | 454/9 | €1,746 | €2,261 | +€515 | +29.5% |
| Other amounts payable | 47/48 | €496 | €8,013 | +€7,516 | +1,515% |
| Accrued charges and deferred income | 492/3 | €1,312 | €1,394 | +€82 | +6.3% |
| Non-recurring operating income | 76A | €5,447 | €2,803 | -€2,644 | -48.5% |
| Remuneration, social security and pensions | 62 | €15,590 | €25,180 | +€9,590 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,701 | €22,489 | +€5,788 | +34.7% |
| Non-recurring operating charges | 66A | - | €609 | +€609 | |
| Gross operating margin | 9900 | €68,982 | €58,925 | -€10,057 | -14.6% |
| Operating profit (loss) | 9901 | €36,692 | €10,648 | -€26,045 | -71.0% |
| Financial income | 75/76B | €779 | €725 | -€55 | -7.0% |
| Recurring financial income | 75 | €779 | €725 | -€55 | -7.0% |
| Financial charges | 65/66B | €3,133 | €5,648 | +€2,515 | +80.3% |
| Recurring financial charges | 65 | €3,133 | €5,648 | +€2,515 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | €34,339 | €5,724 | -€28,615 | -83.3% |
| Income taxes | 67/77 | €12,746 | €1,828 | -€10,918 | -85.7% |
| Profit (loss) for the period | 9904 | €21,593 | €3,897 | -€17,697 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,593 | €3,897 | -€17,697 | -82.0% |
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 27 October 2026 via checked.be.