CHINOH: 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.
What changed
CHINOH
NACE 46.499, Wholesale of other household goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€21,888
2024 · -€217,287+€195,399
Equity
€1.4m
2024 · €1.4m-€21,888
Cash
€48,480
2024 · €70,567-€22,087
Balance sheet total
€3.1m
2024 · €3.2m-€130,647
Largest movements
Assets
- Stocks and contracts -€142,645
down €142,645 (-12.9%), from €1.1m to €958,915
- Intangible fixed assets +€103,662
new in 2025: €103,662
- Tangible fixed assets -€60,291
down €60,291 (-4.2%), from €1.4m to €1.4m
of which Plant, machinery and equipment: -€65,529
Equity and liabilities
- Short-term financial debts -€110,119
down €110,119 (-21.0%), from €525,000 to €414,881
- Current portion of long-term debt -€55,387
down €55,387 (-36.0%), from €153,682 to €98,295
- Trade debts +€41,175
up €41,175 (+44.8%), from €91,952 to €133,127
Income statement
- Gross operating margin +€158,172
up €158,172 (+31.0%), from €510,188 to €668,360
- Write-downs +€57,484
up €57,484 (+79.2%), from -€72,554 to -€15,070
- Staff costs +€45,602
up €45,602 (+9.9%), from €459,657 to €505,259
- Financial income +€16,937
up €16,937 (+457%), from €3,709 to €20,646
- Other operating charges -€12,419
down €12,419 (-30.2%), from €41,067 to €28,648
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.
Result 2024
-€217,287
Gross operating margin
+€158,172
Staff costs
-€45,602
Depreciation
+€10,228
Write-downs
-€57,484
Other operating charges
+€12,419
Other operating items
+€105,582
Financial income
+€16,937
Financial charges
-€4,692
Taxes
-€160
Result 2025
-€21,888
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€255,098
Investment
-€137,948
Financing
-€139,237
Cash 2024
€70,567
From operations (derived)
+€255,098
Net result for the year
-€21,888
Depreciation
+€94,577
Stocks and contracts
+€142,645
Receivables within one year
+€20,438
Deferred charges and accrued income
-€11,152
Trade debts
+€41,175
Tax, wage and social debts
-€10,697
Investment (derived)
-€137,948
Investment in fixed assets (net)
-€137,948
Financing
-€139,237
Debts after one year
+€26,269
Current portion of long-term debt
-€55,387
Short-term financial debts
-€110,119
Cash 2025
€48,480
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,229,374 | €3,098,727 | -€130,647 | -4.0% |
| Fixed assets | 21/28 | €1,422,684 | €1,466,056 | +€43,371 | +3.0% |
| Intangible fixed assets | 21 | - | €103,662 | +€103,662 | |
| Tangible fixed assets | 22/27 | €1,421,694 | €1,361,403 | -€60,291 | -4.2% |
| Land and buildings | 22 | €1,284,576 | €1,307,008 | +€22,432 | +1.7% |
| Plant, machinery and equipment | 23 | €80,764 | €15,235 | -€65,529 | -81.1% |
| Furniture and vehicles | 24 | €56,354 | €39,161 | -€17,194 | -30.5% |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €1,806,690 | €1,632,672 | -€174,018 | -9.6% |
| Stocks and contracts in progress | 3 | €1,101,560 | €958,915 | -€142,645 | -12.9% |
| Stocks | 30/36 | €1,101,560 | €958,915 | -€142,645 | -12.9% |
| Amounts receivable within one year | 40/41 | €600,549 | €580,111 | -€20,438 | -3.4% |
| Trade receivables | 40 | €574,916 | €564,427 | -€10,489 | -1.8% |
| Other amounts receivable | 41 | €25,633 | €15,684 | -€9,949 | -38.8% |
| Current investments | 50/53 | €3,819 | €3,819 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,567 | €48,480 | -€22,087 | -31.3% |
| Deferred charges and accrued income | 490/1 | €30,194 | €41,346 | +€11,152 | +36.9% |
| Total equity and liabilities | 10/49 | €3,229,374 | €3,098,727 | -€130,647 | -4.0% |
| Equity | 10/15 | €1,439,043 | €1,417,155 | -€21,888 | -1.5% |
| Contributions | 10/11 | €646,649 | €646,649 | = | 0.0% |
| Capital | 10 | €645,000 | €645,000 | = | 0.0% |
| Issued capital | 100 | €645,000 | €645,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,649 | €1,649 | = | 0.0% |
| Share premium | 1100/10 | €1,649 | €1,649 | = | 0.0% |
| Revaluation surpluses | 12 | €210,180 | €210,180 | = | 0.0% |
| Reserves | 13 | €620,558 | €620,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €64,500 | €64,500 | = | 0.0% |
| Legal reserve | 130 | €64,500 | €64,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,939 | €46,939 | = | 0.0% |
| Distributable reserves | 133 | €509,119 | €509,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,345 | -€60,233 | -€21,888 | -57.1% |
| Amounts payable | 17/49 | €1,790,331 | €1,681,572 | -€108,759 | -6.1% |
| Amounts payable after more than one year | 17 | €964,107 | €990,376 | +€26,269 | +2.7% |
| Financial debts | 170/4 | €221,264 | €247,533 | +€26,269 | +11.9% |
| Other amounts payable | 178/9 | €742,843 | €742,843 | = | 0.0% |
| Amounts payable within one year | 42/48 | €826,225 | €691,197 | -€135,028 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €153,682 | €98,295 | -€55,387 | -36.0% |
| Financial debts | 43 | €525,000 | €414,881 | -€110,119 | -21.0% |
| Credit institutions | 430/8 | €525,000 | €414,881 | -€110,119 | -21.0% |
| Trade debts | 44 | €91,952 | €133,127 | +€41,175 | +44.8% |
| Suppliers | 440/4 | €91,952 | €133,127 | +€41,175 | +44.8% |
| Taxes, remuneration and social security | 45 | €55,591 | €44,894 | -€10,697 | -19.2% |
| Taxes | 450/3 | €13,686 | €7,195 | -€6,491 | -47.4% |
| Remuneration and social security | 454/9 | €41,905 | €37,699 | -€4,206 | -10.0% |
| Non-recurring operating income | 76A | €2,280 | €2,918 | +€638 | +28.0% |
| Remuneration, social security and pensions | 62 | €459,657 | €505,259 | +€45,602 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,804 | €94,577 | -€10,228 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€72,554 | -€15,070 | +€57,484 | +79.2% |
| Other operating charges | 640/8 | €41,067 | €28,648 | -€12,419 | -30.2% |
| Non-recurring operating charges | 66A | €105,582 | - | -€105,582 | |
| Gross operating margin | 9900 | €510,188 | €668,360 | +€158,172 | +31.0% |
| Operating profit (loss) | 9901 | -€128,369 | €54,946 | +€183,315 | |
| Financial income | 75/76B | €3,709 | €20,646 | +€16,937 | +457% |
| Recurring financial income | 75 | €3,709 | €20,646 | +€16,937 | +457% |
| Financial charges | 65/66B | €92,031 | €96,723 | +€4,692 | +5.1% |
| Recurring financial charges | 65 | €92,031 | €96,723 | +€4,692 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€216,691 | -€21,132 | +€195,559 | +90.2% |
| Income taxes | 67/77 | €596 | €756 | +€160 | +26.9% |
| Profit (loss) for the period | 9904 | -€217,287 | -€21,888 | +€195,399 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€217,287 | -€21,888 | +€195,399 | +89.9% |
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 31 October 2026 via checked.be.