CHN & Cie: 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.
CHN & Cie
Largest movements
- Cash +€224,577
up €224,577 (+119%), from €189,220 to €413,796
mainly Net result for the year (+€255,041) and Other debts (+€198,047)
- Receivables within one year -€158,232
down €158,232 (-95.9%), from €165,049 to €6,817
of which Trade receivables: -€102,690
- Other debts +€198,047
up €198,047 (+66.0%), from €300,000 to €498,047
- Profit (loss) carried forward -€97,900
down €97,900 (-78.5%), from €124,710 to €26,809
- Trade debts -€38,710
down €38,710 (-86.4%), from €44,798 to €6,088
- Write-downs +€14,319
new in 2025: €14,319
- Gross operating margin -€9,808
down €9,808 (-2.6%), from €370,605 to €360,797
- Depreciation -€6,710
down €6,710 (-51.9%), from €12,927 to €6,217
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 | €533,225 | €596,143 | +€62,918 | +11.8% |
| Fixed assets | 21/28 | €178,956 | €175,529 | -€3,427 | -1.9% |
| Tangible fixed assets | 22/27 | €178,593 | €175,166 | -€3,427 | -1.9% |
| Land and buildings | 22 | €146,973 | €142,733 | -€4,240 | -2.9% |
| Plant, machinery and equipment | 23 | €4,891 | €4,262 | -€629 | -12.9% |
| Furniture and vehicles | 24 | €26,729 | €28,171 | +€1,442 | +5.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €354,269 | €420,614 | +€66,345 | +18.7% |
| Amounts receivable within one year | 40/41 | €165,049 | €6,817 | -€158,232 | -95.9% |
| Trade receivables | 40 | €106,924 | €4,234 | -€102,690 | -96.0% |
| Other amounts receivable | 41 | €58,125 | €2,584 | -€55,542 | -95.6% |
| Cash at bank and in hand | 54/58 | €189,220 | €413,796 | +€224,577 | +119% |
| Total equity and liabilities | 10/49 | €533,225 | €596,143 | +€62,918 | +11.8% |
| Equity | 10/15 | €126,710 | €28,809 | -€97,900 | -77.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,710 | €26,809 | -€97,900 | -78.5% |
| Amounts payable | 17/49 | €406,515 | €567,334 | +€160,818 | +39.6% |
| Amounts payable within one year | 42/48 | €406,515 | €567,334 | +€160,818 | +39.6% |
| Trade debts | 44 | €44,798 | €6,088 | -€38,710 | -86.4% |
| Suppliers | 440/4 | €44,798 | €6,088 | -€38,710 | -86.4% |
| Taxes, remuneration and social security | 45 | €61,717 | €63,198 | +€1,481 | +2.4% |
| Taxes | 450/3 | €58,736 | €60,200 | +€1,463 | +2.5% |
| Remuneration and social security | 454/9 | €2,981 | €2,999 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €300,000 | €498,047 | +€198,047 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,927 | €6,217 | -€6,710 | -51.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,319 | +€14,319 | |
| Other operating charges | 640/8 | €1,573 | €893 | -€680 | -43.2% |
| Gross operating margin | 9900 | €370,605 | €360,797 | -€9,808 | -2.6% |
| Operating profit (loss) | 9901 | €356,104 | €339,368 | -€16,736 | -4.7% |
| Financial income | 75/76B | €2,456 | €1,908 | -€548 | -22.3% |
| Recurring financial income | 75 | €2,456 | €1,908 | -€548 | -22.3% |
| Financial charges | 65/66B | €2,891 | €804 | -€2,087 | -72.2% |
| Recurring financial charges | 65 | €2,891 | €804 | -€2,087 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €355,670 | €340,472 | -€15,197 | -4.3% |
| Income taxes | 67/77 | €87,968 | €85,432 | -€2,536 | -2.9% |
| Profit (loss) for the period | 9904 | €267,702 | €255,041 | -€12,661 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €267,702 | €255,041 | -€12,661 | -4.7% |
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 25 October 2026 via checked.be.