CHINCO: 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.
CHINCO
Largest movements
- Tangible fixed assets +€46,552
up €46,552 (+873%), from €5,332 to €51,885
- Cash -€9,979
down €9,979 (-15.8%), from €63,348 to €53,369
mainly Investment in fixed assets (net) (-€49,028) and Contributions, distributions and other (-€12,000)
- Receivables within one year +€1,948
up €1,948 (+257%), from €756 to €2,704
- Stocks and contracts +€1,811
up €1,811 (+11.1%), from €16,270 to €18,080
- Trade debts +€33,363
up €33,363 (+288%), from €11,601 to €44,964
- Debts after one year +€25,085
new in 2025: €25,085
- Profit (loss) carried forward -€12,683
down €12,683 (-74.6%), from €16,997 to €4,313
- Other debts -€8,967
down €8,967 (-37.4%), from €24,000 to €15,033
- Current portion of long-term debt +€5,946
new in 2025: €5,946
- Turnover +€138,668
up €138,668 (+31.2%), from €445,153 to €583,821
- Purchases and services +€125,863
up €125,863 (+37.4%), from €336,673 to €462,536
- Staff costs +€41,879
up €41,879 (+60.6%), from €69,156 to €111,035
- Gross operating margin +€12,805
up €12,805 (+11.8%), from €108,480 to €121,284
- Taxes -€10,010
no longer reported in 2025 (was €10,010)
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 | €91,304 | €131,385 | +€40,081 | +43.9% |
| Fixed assets | 21/28 | €10,930 | €57,232 | +€46,302 | +424% |
| Tangible fixed assets | 22/27 | €5,332 | €51,885 | +€46,552 | +873% |
| Land and buildings | 22 | - | €17,595 | +€17,595 | |
| Plant, machinery and equipment | 23 | €1,311 | €19,448 | +€18,138 | +1,384% |
| Furniture and vehicles | 24 | €3,336 | €2,593 | -€744 | -22.3% |
| Other tangible fixed assets | 26 | €686 | €469 | -€216 | -31.6% |
| Assets under construction and advance payments | 27 | - | €11,780 | +€11,780 | |
| Financial fixed assets | 28 | €5,598 | €5,348 | -€250 | -4.5% |
| Current assets | 29/58 | €80,374 | €74,153 | -€6,221 | -7.7% |
| Stocks and contracts in progress | 3 | €16,270 | €18,080 | +€1,811 | +11.1% |
| Stocks | 30/36 | €16,270 | €18,080 | +€1,811 | +11.1% |
| Amounts receivable within one year | 40/41 | €756 | €2,704 | +€1,948 | +257% |
| Other amounts receivable | 41 | €756 | €2,704 | +€1,948 | +257% |
| Cash at bank and in hand | 54/58 | €63,348 | €53,369 | -€9,979 | -15.8% |
| Total equity and liabilities | 10/49 | €91,304 | €131,385 | +€40,081 | +43.9% |
| Equity | 10/15 | €35,597 | €22,913 | -€12,683 | -35.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,997 | €4,313 | -€12,683 | -74.6% |
| Amounts payable | 17/49 | €55,708 | €108,472 | +€52,764 | +94.7% |
| Amounts payable after more than one year | 17 | - | €25,085 | +€25,085 | |
| Financial debts | 170/4 | - | €25,085 | +€25,085 | |
| Amounts payable within one year | 42/48 | €55,708 | €83,387 | +€27,679 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,946 | +€5,946 | |
| Trade debts | 44 | €11,601 | €44,964 | +€33,363 | +288% |
| Suppliers | 440/4 | €11,601 | €44,964 | +€33,363 | +288% |
| Taxes, remuneration and social security | 45 | €20,106 | €17,444 | -€2,662 | -13.2% |
| Taxes | 450/3 | €15,384 | €10,056 | -€5,328 | -34.6% |
| Remuneration and social security | 454/9 | €4,722 | €7,388 | +€2,666 | +56.5% |
| Other amounts payable | 47/48 | €24,000 | €15,033 | -€8,967 | -37.4% |
| Turnover | 70 | €445,153 | €583,821 | +€138,668 | +31.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €336,673 | €462,536 | +€125,863 | +37.4% |
| Remuneration, social security and pensions | 62 | €69,156 | €111,035 | +€41,879 | +60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,689 | €2,726 | +€1,037 | +61.4% |
| Other operating charges | 640/8 | €1,670 | €5,878 | +€4,208 | +252% |
| Gross operating margin | 9900 | €108,480 | €121,284 | +€12,805 | +11.8% |
| Operating profit (loss) | 9901 | €35,965 | €1,646 | -€34,319 | -95.4% |
| Financial charges | 65/66B | €1,502 | €2,329 | +€827 | +55.0% |
| Recurring financial charges | 65 | €1,502 | €2,329 | +€827 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €34,462 | -€683 | -€35,146 | |
| Income taxes | 67/77 | €10,010 | - | -€10,010 | |
| Profit (loss) for the period | 9904 | €24,452 | -€683 | -€25,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,452 | -€683 | -€25,136 |
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 24 October 2026 via checked.be.