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CHNIZE: what changed

Two fiscal 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

CHNIZE

BE 0726.597.997
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,377
2024 · €36,759-€27,382
Equity
-€26,237
2024 · €10,221-€36,458
Cash
€85,896
2024 · €4,852+€81,044
Balance sheet total
€1.6m
2024 · €1.7m-€154,716

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€227,732

    down €227,732 (-13.6%), from €1.7m to €1.5m

    of which Land and buildings: -€197,259

  • Cash +€81,044

    up €81,044 (+1670.3%), from €4,852 to €85,896

    mainly Other debts (+€854,265) and Investment in fixed assets (net) (+€174,381)

Equity and liabilities
  • Debts after one year -€968,365

    down €968,365 (-58.7%), from €1.6m to €681,404

    of which Other amounts payable: -€849,444

  • Other debts +€854,265

    up €854,265 (+36384.2%), from €2,348 to €856,613

  • Revaluation surpluses -€48,159

    down €48,159 (-33.7%), from €142,730 to €94,571

Income statement
  • Gross operating margin +€115,964

    up €115,964 (+101.3%), from €114,479 to €230,443

  • Other operating charges +€3,592

    up €3,592 (+121.3%), from €2,961 to €6,553

  • Depreciation -€3,356

    down €3,356 (-5.7%), from €59,106 to €55,751

From the 2024 result to the 2025 result

effect on the 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 €36,759
Gross operating margin +€115,964
Depreciation +€3,356
Other operating charges -€3,592
Other operating items -€142,839
Financial income -€500
Financial charges +€229
Result 2025 €9,377

Cash bridge derived

cash 2024 to 2025

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 +€925,219
Investment +€174,381
Financing -€1.0m
Cash 2024 €4,852
Net result for the year +€9,377
Depreciation +€55,751
Receivables within one year +€6,540
Smaller working-capital items -€714
Other debts +€854,265
Investment in fixed assets (net) +€174,381
Debts after one year -€968,365
Current portion of long-term debt -€4,356
Contributions, distributions and other -€45,835
Cash 2025 €85,896
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,722,220 €1,567,504 -€154,716 -9.0%
Fixed assets 21/28 €1,685,006 €1,454,874 -€230,132 -13.7%
Intangible fixed assets 21 €5,470 €3,070 -€2,400 -43.9%
Tangible fixed assets 22/27 €1,679,536 €1,451,804 -€227,732 -13.6%
Land and buildings 22 €1,639,103 €1,441,844 -€197,259 -12.0%
Plant, machinery and equipment 23 €38,894 €8,802 -€30,092 -77.4%
Furniture and vehicles 24 €1,538 €1,157 -€381 -24.8%
Current assets 29/58 €37,215 €112,630 +€75,416 +202.7%
Amounts receivable within one year 40/41 €29,933 €23,393 -€6,540 -21.8%
Trade receivables 40 €3,630 €206 -€3,424 -94.3%
Other amounts receivable 41 €26,303 €23,187 -€3,116 -11.8%
Cash at bank and in hand 54/58 €4,852 €85,896 +€81,044 +1670.3%
Deferred charges and accrued income 490/1 €2,429 €3,341 +€912 +37.5%
Total equity and liabilities 10/49 €1,722,220 €1,567,504 -€154,716 -9.0%
Equity 10/15 €10,221 -€26,237 -€36,458
Contributions 10/11 €18,600 €18,600 = 0.0%
Revaluation surpluses 12 €142,730 €94,571 -€48,159 -33.7%
Reserves 13 €3,301 €5,626 +€2,325 +70.4%
Distributable reserves 133 €3,301 €5,626 +€2,325 +70.4%
Profit (loss) carried forward 14 -€154,410 -€145,033 +€9,377 +6.1%
Amounts payable 17/49 €1,711,999 €1,593,741 -€118,258 -6.9%
Amounts payable after more than one year 17 €1,649,769 €681,404 -€968,365 -58.7%
Financial debts 170/4 €800,324 €681,404 -€118,921 -14.9%
Other amounts payable 178/9 €849,444 - -€849,444
Amounts payable within one year 42/48 €62,230 €912,337 +€850,107 +1366.1%
Current portion of amounts payable after more than one year 42 €42,907 €38,551 -€4,356 -10.2%
Trade debts 44 €16,975 €17,173 +€198 +1.2%
Suppliers 440/4 €16,975 €17,173 +€198 +1.2%
Other amounts payable 47/48 €2,348 €856,613 +€854,265 +36384.2%
Non-recurring operating income 76A €64,388 €178,664 +€114,276 +177.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €59,106 €55,751 -€3,356 -5.7%
Other operating charges 640/8 €2,961 €6,553 +€3,592 +121.3%
Non-recurring operating charges 66A - €142,839 +€142,839
Gross operating margin 9900 €114,479 €230,443 +€115,964 +101.3%
Operating profit (loss) 9901 €52,411 €25,300 -€27,111 -51.7%
Financial income 75/76B €500 - -€500
Recurring financial income 75 €500 - -€500
Financial charges 65/66B €16,152 €15,923 -€229 -1.4%
Recurring financial charges 65 €16,152 €15,923 -€229 -1.4%
Profit (loss) for the period before taxes 9903 €36,759 €9,377 -€27,382 -74.5%
Profit (loss) for the period 9904 €36,759 €9,377 -€27,382 -74.5%
Profit (loss) for the period to be appropriated 9905 €36,759 €9,377 -€27,382 -74.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.