IT ChenCorp: 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.
IT ChenCorp
Largest movements
- Receivables within one year +€209,078
up €209,078 (+123.9%), from €168,728 to €377,806
of which Other amounts receivable: +€204,854
- Profit (loss) carried forward +€180,080
up €180,080 (+73.3%), from €245,519 to €425,599
- Tax, wage and social debts +€49,831
up €49,831 (+74.7%), from €66,742 to €116,573
of which Taxes: +€49,831
- Other debts -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Trade debts +€20,487
up €20,487 (+121.3%), from €16,894 to €37,381
- Purchases and services -€43,618
down €43,618 (-35.5%), from €122,792 to €79,174
- Gross operating margin +€34,837
up €34,837 (+16.7%), from €208,436 to €243,273
- Taxes +€24,271
up €24,271 (+55.2%), from €43,971 to €68,242
- Financial income +€12,453
up €12,453 (+77253.4%), from €16 to €12,469
- Turnover -€8,803
down €8,803 (-2.8%), from €318,046 to €309,243
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €389,560 | €599,958 | +€210,399 | +54.0% |
| Fixed assets | 21/28 | €210,816 | €216,415 | +€5,599 | +2.7% |
| Tangible fixed assets | 22/27 | €210,816 | €216,415 | +€5,599 | +2.7% |
| Plant, machinery and equipment | 23 | €9,643 | €15,985 | +€6,341 | +65.8% |
| Furniture and vehicles | 24 | €1,173 | €431 | -€742 | -63.3% |
| Assets under construction and advance payments | 27 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €178,744 | €383,543 | +€204,800 | +114.6% |
| Amounts receivable within one year | 40/41 | €168,728 | €377,806 | +€209,078 | +123.9% |
| Trade receivables | 40 | €60,813 | €65,038 | +€4,224 | +6.9% |
| Other amounts receivable | 41 | €107,914 | €312,768 | +€204,854 | +189.8% |
| Cash at bank and in hand | 54/58 | €10,016 | €5,737 | -€4,279 | -42.7% |
| Total equity and liabilities | 10/49 | €389,560 | €599,958 | +€210,399 | +54.0% |
| Equity | 10/15 | €265,924 | €446,004 | +€180,080 | +67.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,405 | €18,405 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,405 | €18,405 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €16,550 | €16,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €245,519 | €425,599 | +€180,080 | +73.3% |
| Amounts payable | 17/49 | €123,636 | €153,955 | +€30,319 | +24.5% |
| Amounts payable within one year | 42/48 | €123,636 | €153,955 | +€30,319 | +24.5% |
| Trade debts | 44 | €16,894 | €37,381 | +€20,487 | +121.3% |
| Suppliers | 440/4 | €16,894 | €37,381 | +€20,487 | +121.3% |
| Taxes, remuneration and social security | 45 | €66,742 | €116,573 | +€49,831 | +74.7% |
| Taxes | 450/3 | €66,742 | €116,573 | +€49,831 | +74.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €40,000 | €0 | -€40,000 | -100.0% |
| Turnover | 70 | €318,046 | €309,243 | -€8,803 | -2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €122,792 | €79,174 | -€43,618 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,089 | €4,535 | +€2,446 | +117.1% |
| Other operating charges | 640/8 | €620 | €387 | -€233 | -37.6% |
| Gross operating margin | 9900 | €208,436 | €243,273 | +€34,837 | +16.7% |
| Operating profit (loss) | 9901 | €205,726 | €238,351 | +€32,624 | +15.9% |
| Financial income | 75/76B | €16 | €12,469 | +€12,453 | +77253.4% |
| Recurring financial income | 75 | €16 | €12,469 | +€12,453 | +77253.4% |
| Financial charges | 65/66B | €2,356 | €2,498 | +€142 | +6.0% |
| Recurring financial charges | 65 | €2,356 | €2,498 | +€142 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €203,386 | €248,322 | +€44,936 | +22.1% |
| Income taxes | 67/77 | €43,971 | €68,242 | +€24,271 | +55.2% |
| Profit (loss) for the period | 9904 | €159,415 | €180,080 | +€20,665 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €159,415 | €180,080 | +€20,665 | +13.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.