MG CHÊNÉE: 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.
MG CHÊNÉE
Largest movements
- Tangible fixed assets +€11,276
up €11,276 (+7.4%), from €151,727 to €163,003
of which Plant, machinery and equipment: +€60,497
- Cash -€4,331
down €4,331 (-39.6%), from €10,929 to €6,598
mainly Investment in fixed assets (net) (-€26,345) and Other debts (-€8,500)
- Profit (loss) carried forward +€15,121
up €15,121 (+30.8%), from €49,103 to €64,223
- Debts after one year +€9,311
up €9,311 (+13.3%), from €70,131 to €79,443
- Other debts -€8,500
no longer reported in 2025 (was €8,500)
- Trade debts -€3,660
down €3,660 (-87.3%), from €4,194 to €534
- Current portion of long-term debt -€2,374
down €2,374 (-16.7%), from €14,218 to €11,844
- Turnover -€49,824
no longer reported in 2025 (was €49,824)
- Purchases and services -€14,605
no longer reported in 2025 (was €14,605)
- Gross operating margin -€2,406
down €2,406 (-6.0%), from €40,317 to €37,911
- Taxes -€1,644
down €1,644 (-27.9%), from €5,901 to €4,257
- Depreciation +€733
up €733 (+5.1%), from €14,336 to €15,069
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 | €163,910 | €171,444 | +€7,534 | +4.6% |
| Fixed assets | 21/28 | €151,727 | €163,003 | +€11,276 | +7.4% |
| Tangible fixed assets | 22/27 | €151,727 | €163,003 | +€11,276 | +7.4% |
| Land and buildings | 22 | €107,560 | €102,506 | -€5,055 | -4.7% |
| Plant, machinery and equipment | 23 | - | €60,497 | +€60,497 | |
| Other tangible fixed assets | 26 | €44,167 | - | -€44,167 | |
| Current assets | 29/58 | €12,183 | €8,441 | -€3,742 | -30.7% |
| Amounts receivable within one year | 40/41 | €981 | €743 | -€237 | -24.2% |
| Other amounts receivable | 41 | €981 | €743 | -€237 | -24.2% |
| Cash at bank and in hand | 54/58 | €10,929 | €6,598 | -€4,331 | -39.6% |
| Deferred charges and accrued income | 490/1 | €273 | €1,099 | +€826 | +302% |
| Total equity and liabilities | 10/49 | €163,910 | €171,444 | +€7,534 | +4.6% |
| Equity | 10/15 | €64,503 | €79,623 | +€15,121 | +23.4% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €1,400 | €1,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,400 | - | -€1,400 | |
| Reserves not available under the articles | 1311 | €1,400 | - | -€1,400 | |
| Distributable reserves | 133 | - | €1,400 | +€1,400 | |
| Profit (loss) carried forward | 14 | €49,103 | €64,223 | +€15,121 | +30.8% |
| Amounts payable | 17/49 | €99,407 | €91,820 | -€7,587 | -7.6% |
| Amounts payable after more than one year | 17 | €70,131 | €79,443 | +€9,311 | +13.3% |
| Financial debts | 170/4 | €70,131 | €79,443 | +€9,311 | +13.3% |
| Amounts payable within one year | 42/48 | €29,276 | €12,378 | -€16,898 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €14,218 | €11,844 | -€2,374 | -16.7% |
| Trade debts | 44 | €4,194 | €534 | -€3,660 | -87.3% |
| Suppliers | 440/4 | €4,194 | €534 | -€3,660 | -87.3% |
| Taxes, remuneration and social security | 45 | €2,363 | - | -€2,363 | |
| Taxes | 450/3 | €2,363 | - | -€2,363 | |
| Other amounts payable | 47/48 | €8,500 | - | -€8,500 | |
| Turnover | 70 | €49,824 | - | -€49,824 | |
| Non-recurring operating income | 76A | €5,098 | - | -€5,098 | |
| Goods, raw materials, services and sundry goods | 60/61 | €14,605 | - | -€14,605 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,336 | €15,069 | +€733 | +5.1% |
| Other operating charges | 640/8 | €2,061 | €2,116 | +€55 | +2.7% |
| Gross operating margin | 9900 | €40,317 | €37,911 | -€2,406 | -6.0% |
| Operating profit (loss) | 9901 | €23,920 | €20,726 | -€3,194 | -13.4% |
| Financial income | 75/76B | - | €48 | +€48 | |
| Recurring financial income | 75 | - | €48 | +€48 | |
| Financial charges | 65/66B | €1,008 | €1,397 | +€389 | +38.6% |
| Recurring financial charges | 65 | €1,008 | €1,397 | +€389 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €22,912 | €19,377 | -€3,535 | -15.4% |
| Income taxes | 67/77 | €5,901 | €4,257 | -€1,644 | -27.9% |
| Profit (loss) for the period | 9904 | €17,012 | €15,121 | -€1,891 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,012 | €15,121 | -€1,891 | -11.1% |
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 27 October 2026 via checked.be.