CHINELOS: 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.
CHINELOS
Largest movements
- Cash -€14,406
down €14,406 (-48.9%), from €29,476 to €15,070
mainly Receivables within one year (-€6,923) and Trade debts (-€6,340)
- Tangible fixed assets -€12,221
down €12,221 (-9.0%), from €135,589 to €123,368
of which Furniture and vehicles: -€6,503
- Receivables within one year +€6,923
up €6,923 (+119.9%), from €5,772 to €12,695
of which Trade receivables: +€6,911
- Trade debts -€6,340
down €6,340 (-97.3%), from €6,518 to €179
- Debts after one year -€5,008
down €5,008 (-5.7%), from €87,249 to €82,241
- Current portion of long-term debt -€4,975
down €4,975 (-24.9%), from €19,983 to €15,008
- Other debts -€4,252
down €4,252 (-75.3%), from €5,648 to €1,396
- Gross operating margin -€2,703
down €2,703 (-12.5%), from €21,687 to €18,985
- Financial charges -€526
down €526 (-24.9%), from €2,117 to €1,591
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 | €171,964 | €151,773 | -€20,191 | -11.7% |
| Fixed assets | 21/28 | €135,589 | €123,368 | -€12,221 | -9.0% |
| Tangible fixed assets | 22/27 | €135,589 | €123,368 | -€12,221 | -9.0% |
| Land and buildings | 22 | €127,482 | €121,764 | -€5,718 | -4.5% |
| Furniture and vehicles | 24 | €8,106 | €1,603 | -€6,503 | -80.2% |
| Current assets | 29/58 | €36,375 | €28,405 | -€7,970 | -21.9% |
| Amounts receivable within one year | 40/41 | €5,772 | €12,695 | +€6,923 | +119.9% |
| Trade receivables | 40 | €5,772 | €12,683 | +€6,911 | +119.7% |
| Other amounts receivable | 41 | €0 | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €29,476 | €15,070 | -€14,406 | -48.9% |
| Deferred charges and accrued income | 490/1 | €1,127 | €640 | -€488 | -43.3% |
| Total equity and liabilities | 10/49 | €171,964 | €151,773 | -€20,191 | -11.7% |
| Equity | 10/15 | €49,508 | €50,626 | +€1,118 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,403 | €26,521 | +€1,118 | +4.4% |
| Distributable reserves | 133 | €25,403 | €26,521 | +€1,118 | +4.4% |
| Profit (loss) carried forward | 14 | €5,505 | €5,505 | = | 0.0% |
| Amounts payable | 17/49 | €122,456 | €101,147 | -€21,309 | -17.4% |
| Amounts payable after more than one year | 17 | €87,249 | €82,241 | -€5,008 | -5.7% |
| Financial debts | 170/4 | €87,249 | €82,241 | -€5,008 | -5.7% |
| Amounts payable within one year | 42/48 | €35,207 | €18,906 | -€16,301 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €19,983 | €15,008 | -€4,975 | -24.9% |
| Financial debts | 43 | - | €85 | +€85 | |
| Credit institutions | 430/8 | - | €85 | +€85 | |
| Trade debts | 44 | €6,518 | €179 | -€6,340 | -97.3% |
| Suppliers | 440/4 | €6,518 | €179 | -€6,340 | -97.3% |
| Taxes, remuneration and social security | 45 | €3,058 | €2,239 | -€819 | -26.8% |
| Taxes | 450/3 | €3,058 | €2,239 | -€819 | -26.8% |
| Other amounts payable | 47/48 | €5,648 | €1,396 | -€4,252 | -75.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,220 | €12,221 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,484 | €1,284 | -€199 | -13.4% |
| Gross operating margin | 9900 | €21,687 | €18,985 | -€2,703 | -12.5% |
| Operating profit (loss) | 9901 | €7,984 | €5,480 | -€2,504 | -31.4% |
| Financial income | 75/76B | €20 | €87 | +€67 | +332.6% |
| Recurring financial income | 75 | €20 | €87 | +€67 | +332.6% |
| Financial charges | 65/66B | €2,117 | €1,591 | -€526 | -24.9% |
| Recurring financial charges | 65 | €2,117 | €1,591 | -€526 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €5,887 | €3,976 | -€1,911 | -32.5% |
| Income taxes | 67/77 | €3,057 | €2,858 | -€199 | -6.5% |
| Profit (loss) for the period | 9904 | €2,830 | €1,118 | -€1,712 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,830 | €1,118 | -€1,712 | -60.5% |
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.