CHINACCESS: 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.
CHINACCESS
Largest movements
- Tangible fixed assets +€116,847
up €116,847 (+944.2%), from €12,375 to €129,222
of which Furniture and vehicles: +€102,125
- Cash -€51,002
down €51,002 (-87.2%), from €58,475 to €7,473
mainly Investment in fixed assets (net) (-€139,975) and Contributions, distributions and other (-€14,286)
- Debts after one year +€34,998
new in 2024: €34,998
- Current portion of long-term debt +€14,514
new in 2024: €14,514
- Trade debts +€11,275
up €11,275 (+1689.1%), from €667 to €11,942
- Profit (loss) carried forward +€11,032
up €11,032 (+27.1%), from €40,721 to €51,752
- Other debts -€3,285
down €3,285 (-24.7%), from €13,285 to €10,000
- Depreciation +€16,475
up €16,475 (+247.7%), from €6,652 to €23,128
- Gross operating margin +€9,423
up €9,423 (+17.3%), from €54,492 to €63,915
- Staff costs -€8,673
no longer reported in 2024 (was €8,673)
- Taxes +€2,904
up €2,904 (+29.8%), from €9,757 to €12,661
- Financial charges +€2,116
up €2,116 (+1429.2%), from €148 to €2,264
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 | €92,374 | €158,581 | +€66,207 | +71.7% |
| Fixed assets | 21/28 | €12,575 | €129,422 | +€116,847 | +929.2% |
| Tangible fixed assets | 22/27 | €12,375 | €129,222 | +€116,847 | +944.2% |
| Plant, machinery and equipment | 23 | - | €14,722 | +€14,722 | |
| Furniture and vehicles | 24 | €12,375 | €114,500 | +€102,125 | +825.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €79,799 | €29,159 | -€50,640 | -63.5% |
| Stocks and contracts in progress | 3 | €2,826 | €2,826 | = | 0.0% |
| Stocks | 30/36 | €2,826 | €2,826 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,607 | €17,855 | +€247 | +1.4% |
| Trade receivables | 40 | €17,545 | €17,792 | +€247 | +1.4% |
| Other amounts receivable | 41 | €62 | €62 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,475 | €7,473 | -€51,002 | -87.2% |
| Deferred charges and accrued income | 490/1 | €891 | €1,005 | +€114 | +12.8% |
| Total equity and liabilities | 10/49 | €92,374 | €158,581 | +€66,207 | +71.7% |
| Equity | 10/15 | €61,181 | €72,212 | +€11,032 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,721 | €51,752 | +€11,032 | +27.1% |
| Amounts payable | 17/49 | €31,194 | €86,369 | +€55,175 | +176.9% |
| Amounts payable after more than one year | 17 | - | €34,998 | +€34,998 | |
| Financial debts | 170/4 | - | €34,998 | +€34,998 | |
| Amounts payable within one year | 42/48 | €31,194 | €51,371 | +€20,177 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | - | €14,514 | +€14,514 | |
| Trade debts | 44 | €667 | €11,942 | +€11,275 | +1689.1% |
| Suppliers | 440/4 | €667 | €11,942 | +€11,275 | +1689.1% |
| Taxes, remuneration and social security | 45 | €17,241 | €14,915 | -€2,326 | -13.5% |
| Taxes | 450/3 | €17,241 | €14,915 | -€2,326 | -13.5% |
| Other amounts payable | 47/48 | €13,285 | €10,000 | -€3,285 | -24.7% |
| Remuneration, social security and pensions | 62 | €8,673 | - | -€8,673 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,652 | €23,128 | +€16,475 | +247.7% |
| Other operating charges | 640/8 | €582 | €544 | -€38 | -6.6% |
| Gross operating margin | 9900 | €54,492 | €63,915 | +€9,423 | +17.3% |
| Operating profit (loss) | 9901 | €38,584 | €40,243 | +€1,659 | +4.3% |
| Financial charges | 65/66B | €148 | €2,264 | +€2,116 | +1429.2% |
| Recurring financial charges | 65 | €148 | €2,264 | +€2,116 | +1429.2% |
| Profit (loss) for the period before taxes | 9903 | €38,436 | €37,979 | -€458 | -1.2% |
| Income taxes | 67/77 | €9,757 | €12,661 | +€2,904 | +29.8% |
| Profit (loss) for the period | 9904 | €28,679 | €25,317 | -€3,362 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,679 | €25,317 | -€3,362 | -11.7% |
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 29 September 2026 via checked.be.