CHINAR: 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.
CHINAR
Largest movements
- Cash +€6,741
up €6,741 (+40.2%), from €16,751 to €23,493
mainly Net result for the year (+€10,094) and Stocks and contracts (+€2,035)
- Tangible fixed assets +€3,399
up €3,399 (+52.3%), from €6,495 to €9,893
- Stocks and contracts -€2,035
down €2,035 (-62.0%), from €3,280 to €1,245
- Profit (loss) carried forward +€10,094
up €10,094 (+268%), from €3,760 to €13,854
- Tax, wage and social debts -€2,015
down €2,015 (-8.8%), from €22,900 to €20,885
of which Remuneration and social security: -€3,060
- Gross operating margin +€21,851
up €21,851 (+56.7%), from €38,569 to €60,420
- Staff costs +€3,328
up €3,328 (+7.9%), from €42,145 to €45,473
- Taxes +€965
new in 2025: €965
- Other operating charges +€666
up €666 (+62.4%), from €1,067 to €1,733
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 | €34,000 | €42,454 | +€8,454 | +24.9% |
| Fixed assets | 21/28 | €13,095 | €16,493 | +€3,399 | +26.0% |
| Tangible fixed assets | 22/27 | €6,495 | €9,893 | +€3,399 | +52.3% |
| Plant, machinery and equipment | 23 | €6,495 | €9,893 | +€3,399 | +52.3% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €20,905 | €25,961 | +€5,055 | +24.2% |
| Stocks and contracts in progress | 3 | €3,280 | €1,245 | -€2,035 | -62.0% |
| Stocks | 30/36 | €3,280 | €1,245 | -€2,035 | -62.0% |
| Amounts receivable within one year | 40/41 | €874 | €1,223 | +€349 | +40.0% |
| Trade receivables | 40 | €592 | €846 | +€254 | +42.9% |
| Other amounts receivable | 41 | €282 | €377 | +€95 | +33.7% |
| Cash at bank and in hand | 54/58 | €16,751 | €23,493 | +€6,741 | +40.2% |
| Total equity and liabilities | 10/49 | €34,000 | €42,454 | +€8,454 | +24.9% |
| Equity | 10/15 | €9,960 | €20,054 | +€10,094 | +101% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,760 | €13,854 | +€10,094 | +268% |
| Amounts payable | 17/49 | €24,040 | €22,400 | -€1,640 | -6.8% |
| Amounts payable within one year | 42/48 | €24,040 | €22,400 | -€1,640 | -6.8% |
| Trade debts | 44 | €1,140 | €1,515 | +€375 | +32.9% |
| Suppliers | 440/4 | €1,140 | €1,515 | +€375 | +32.9% |
| Taxes, remuneration and social security | 45 | €22,900 | €20,885 | -€2,015 | -8.8% |
| Taxes | 450/3 | €10,724 | €11,768 | +€1,045 | +9.7% |
| Remuneration and social security | 454/9 | €12,176 | €9,117 | -€3,060 | -25.1% |
| Remuneration, social security and pensions | 62 | €42,145 | €45,473 | +€3,328 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,026 | €1,180 | +€154 | +15.0% |
| Other operating charges | 640/8 | €1,067 | €1,733 | +€666 | +62.4% |
| Gross operating margin | 9900 | €38,569 | €60,420 | +€21,851 | +56.7% |
| Operating profit (loss) | 9901 | -€5,669 | €12,033 | +€17,703 | |
| Financial income | 75/76B | €1 | €8 | +€7 | +451% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +451% |
| Financial charges | 65/66B | €772 | €983 | +€211 | +27.3% |
| Recurring financial charges | 65 | €772 | €983 | +€211 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,440 | €11,059 | +€17,499 | |
| Income taxes | 67/77 | - | €965 | +€965 | |
| Profit (loss) for the period | 9904 | -€6,440 | €10,094 | +€16,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,440 | €10,094 | +€16,534 |
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 16 October 2026 via checked.be.