DU CHEYNE GUY: 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.
DU CHEYNE GUY
Largest movements
- Cash -€19,720
down €19,720 (-60.7%), from €32,513 to €12,793
mainly Investment in fixed assets (net) (-€33,440) and Contributions, distributions and other (-€25,831)
- Tangible fixed assets +€16,015
up €16,015 (+44.5%), from €36,001 to €52,016
of which Furniture and vehicles: +€17,900
- Deferred charges and accrued income +€3,181
up €3,181 (+472%), from €673 to €3,855
- Debts after one year +€28,829
up €28,829 (+153%), from €18,835 to €47,664
- Reserves -€25,831
down €25,831 (-61.3%), from €42,161 to €16,330
- Profit (loss) carried forward -€4,089
down €4,089 (-59.0%), from €6,927 to €2,838
- Other debts -€2,148
down €2,148 (-7.7%), from €27,979 to €25,831
- Gross operating margin -€7,413
down €7,413 (-32.8%), from €22,634 to €15,221
- Depreciation +€3,843
up €3,843 (+28.3%), from €13,582 to €17,425
- Taxes -€2,648
down €2,648 (-94.0%), from €2,817 to €169
- Other operating charges +€749
up €749 (+241%), from €311 to €1,060
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 | €123,940 | €122,328 | -€1,612 | -1.3% |
| Fixed assets | 21/28 | €36,001 | €52,016 | +€16,015 | +44.5% |
| Tangible fixed assets | 22/27 | €36,001 | €52,016 | +€16,015 | +44.5% |
| Plant, machinery and equipment | 23 | €886 | €777 | -€109 | -12.3% |
| Furniture and vehicles | 24 | €27,559 | €45,460 | +€17,900 | +65.0% |
| Other tangible fixed assets | 26 | €7,555 | €5,779 | -€1,776 | -23.5% |
| Current assets | 29/58 | €87,940 | €70,312 | -€17,627 | -20.0% |
| Stocks and contracts in progress | 3 | €48,450 | €48,450 | = | 0.0% |
| Stocks | 30/36 | €48,450 | €48,450 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,303 | €5,215 | -€1,088 | -17.3% |
| Trade receivables | 40 | €1,095 | €1,224 | +€129 | +11.8% |
| Other amounts receivable | 41 | €5,208 | €3,991 | -€1,217 | -23.4% |
| Cash at bank and in hand | 54/58 | €32,513 | €12,793 | -€19,720 | -60.7% |
| Deferred charges and accrued income | 490/1 | €673 | €3,855 | +€3,181 | +472% |
| Total equity and liabilities | 10/49 | €123,940 | €122,328 | -€1,612 | -1.3% |
| Equity | 10/15 | €67,680 | €37,761 | -€29,919 | -44.2% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €42,161 | €16,330 | -€25,831 | -61.3% |
| Distributable reserves | 133 | €42,161 | €16,330 | -€25,831 | -61.3% |
| Profit (loss) carried forward | 14 | €6,927 | €2,838 | -€4,089 | -59.0% |
| Amounts payable | 17/49 | €56,260 | €84,568 | +€28,308 | +50.3% |
| Amounts payable after more than one year | 17 | €18,835 | €47,664 | +€28,829 | +153% |
| Financial debts | 170/4 | €18,835 | €47,664 | +€28,829 | +153% |
| Amounts payable within one year | 42/48 | €37,425 | €36,904 | -€522 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €8,595 | €8,687 | +€92 | +1.1% |
| Trade debts | 44 | €336 | €1,479 | +€1,143 | +340% |
| Suppliers | 440/4 | €336 | €1,479 | +€1,143 | +340% |
| Taxes, remuneration and social security | 45 | €515 | €907 | +€392 | +76.1% |
| Taxes | 450/3 | €515 | €907 | +€392 | +76.1% |
| Other amounts payable | 47/48 | €27,979 | €25,831 | -€2,148 | -7.7% |
| Remuneration, social security and pensions | 62 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,582 | €17,425 | +€3,843 | +28.3% |
| Other operating charges | 640/8 | €311 | €1,060 | +€749 | +241% |
| Gross operating margin | 9900 | €22,634 | €15,221 | -€7,413 | -32.8% |
| Operating profit (loss) | 9901 | €8,728 | -€3,264 | -€11,992 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €760 | €655 | -€105 | -13.8% |
| Recurring financial charges | 65 | €760 | €655 | -€105 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €7,967 | -€3,920 | -€11,887 | |
| Income taxes | 67/77 | €2,817 | €169 | -€2,648 | -94.0% |
| Profit (loss) for the period | 9904 | €5,150 | -€4,089 | -€9,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,150 | -€4,089 | -€9,239 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.