C.K.R.: 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.
C.K.R.
Largest movements
- Tangible fixed assets -€6,751
down €6,751 (-10.4%), from €64,627 to €57,876
of which Plant, machinery and equipment: -€8,020
- Deferred charges and accrued income -€2,526
down €2,526 (-71.9%), from €3,515 to €989
- Cash +€2,308
up €2,308 (+15.0%), from €15,396 to €17,704
mainly Depreciation (+€16,751) and Net result for the year (+€13,063)
- Debts after one year -€11,364
down €11,364 (-30.2%), from €37,665 to €26,301
- Reserves +€6,669
up €6,669 (+26.1%), from €25,549 to €32,217
- Profit (loss) carried forward +€3,920
no longer reported in 2025 (was -€3,920)
- Other debts -€2,954
no longer reported in 2025 (was €2,954)
- Trade debts -€2,613
down €2,613 (-74.3%), from €3,516 to €903
- Gross operating margin +€12,303
up €12,303 (+19.0%), from €64,843 to €77,146
- Staff costs +€5,637
up €5,637 (+14.9%), from €37,732 to €43,369
- Depreciation +€3,416
up €3,416 (+25.6%), from €13,335 to €16,751
- Other operating charges -€864
down €864 (-51.5%), from €1,678 to €814
- Taxes +€853
new in 2025: €853
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 | €98,611 | €92,035 | -€6,575 | -6.7% |
| Fixed assets | 21/28 | €64,777 | €58,026 | -€6,751 | -10.4% |
| Tangible fixed assets | 22/27 | €64,627 | €57,876 | -€6,751 | -10.4% |
| Plant, machinery and equipment | 23 | €18,053 | €10,033 | -€8,020 | -44.4% |
| Furniture and vehicles | 24 | €16,961 | €13,273 | -€3,688 | -21.7% |
| Leasing and similar rights | 25 | €1,816 | €1,156 | -€659 | -36.3% |
| Other tangible fixed assets | 26 | €27,798 | €33,414 | +€5,617 | +20.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €33,834 | €34,009 | +€175 | +0.5% |
| Stocks and contracts in progress | 3 | €4,273 | €4,598 | +€325 | +7.6% |
| Stocks | 30/36 | €4,273 | €4,598 | +€325 | +7.6% |
| Amounts receivable within one year | 40/41 | €10,650 | €10,718 | +€68 | +0.6% |
| Trade receivables | 40 | €10,071 | €10,000 | -€71 | -0.7% |
| Other amounts receivable | 41 | €578 | €718 | +€139 | +24.1% |
| Cash at bank and in hand | 54/58 | €15,396 | €17,704 | +€2,308 | +15.0% |
| Deferred charges and accrued income | 490/1 | €3,515 | €989 | -€2,526 | -71.9% |
| Total equity and liabilities | 10/49 | €98,611 | €92,035 | -€6,575 | -6.7% |
| Equity | 10/15 | €40,229 | €50,817 | +€10,589 | +26.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,549 | €32,217 | +€6,669 | +26.1% |
| Distributable reserves | 133 | €25,549 | €32,217 | +€6,669 | +26.1% |
| Profit (loss) carried forward | 14 | -€3,920 | - | +€3,920 | |
| Amounts payable | 17/49 | €58,382 | €41,218 | -€17,164 | -29.4% |
| Amounts payable after more than one year | 17 | €37,665 | €26,301 | -€11,364 | -30.2% |
| Financial debts | 170/4 | €37,665 | €26,301 | -€11,364 | -30.2% |
| Amounts payable within one year | 42/48 | €20,675 | €14,235 | -€6,440 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €11,095 | €11,364 | +€269 | +2.4% |
| Trade debts | 44 | €3,516 | €903 | -€2,613 | -74.3% |
| Suppliers | 440/4 | €3,516 | €903 | -€2,613 | -74.3% |
| Taxes, remuneration and social security | 45 | €3,111 | €1,969 | -€1,142 | -36.7% |
| Taxes | 450/3 | €10 | €1,595 | +€1,585 | +15,742% |
| Remuneration and social security | 454/9 | €3,101 | €373 | -€2,727 | -88.0% |
| Other amounts payable | 47/48 | €2,954 | - | -€2,954 | |
| Accrued charges and deferred income | 492/3 | €42 | €682 | +€640 | +1,511% |
| Remuneration, social security and pensions | 62 | €37,732 | €43,369 | +€5,637 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,335 | €16,751 | +€3,416 | +25.6% |
| Other operating charges | 640/8 | €1,678 | €814 | -€864 | -51.5% |
| Non-recurring operating charges | 66A | €793 | - | -€793 | |
| Gross operating margin | 9900 | €64,843 | €77,146 | +€12,303 | +19.0% |
| Operating profit (loss) | 9901 | €11,305 | €16,212 | +€4,907 | +43.4% |
| Financial income | 75/76B | €399 | €155 | -€244 | -61.1% |
| Recurring financial income | 75 | €399 | €155 | -€244 | -61.1% |
| Financial charges | 65/66B | €1,804 | €2,451 | +€647 | +35.9% |
| Recurring financial charges | 65 | €1,804 | €2,451 | +€647 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €9,900 | €13,916 | +€4,016 | +40.6% |
| Income taxes | 67/77 | - | €853 | +€853 | |
| Profit (loss) for the period | 9904 | €9,900 | €13,063 | +€3,163 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,900 | €13,063 | +€3,163 | +31.9% |
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 18 October 2026 via checked.be.