CCK MANAGEMENT: 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.
CCK MANAGEMENT
Largest movements
- Stocks and contracts -€884,510
down €884,510 (-94.9%), from €932,493 to €47,983
- Cash -€454,791
down €454,791 (-61.0%), from €745,385 to €290,594
mainly Other debts (-€1.4m) and Tax, wage and social debts (-€207,300)
- Tangible fixed assets -€111,776
down €111,776 (-10.7%), from €1.0m to €930,785
of which Land and buildings: -€97,216
- Other debts -€1.4m
down €1.4m (-100.0%), from €1.4m to €0
- Reserves +€282,034
up €282,034 (+6.9%), from €4.1m to €4.4m
of which Distributable reserves: +€282,034
- Tax, wage and social debts -€207,300
down €207,300 (-86.7%), from €239,125 to €31,825
- Trade debts -€150,729
down €150,729 (-62.7%), from €240,469 to €89,740
- Gross operating margin -€1.1m
down €1.1m (-70.6%), from €1.5m to €438,583
- Taxes -€306,090
down €306,090 (-64.7%), from €472,896 to €166,806
- Financial income +€30,586
up €30,586 (+85.5%), from €35,786 to €66,372
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.
Cash bridge derived
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 | €6,231,401 | €4,739,159 | -€1.5m | -23.9% |
| Fixed assets | 21/28 | €1,042,561 | €930,785 | -€111,776 | -10.7% |
| Tangible fixed assets | 22/27 | €1,042,561 | €930,785 | -€111,776 | -10.7% |
| Land and buildings | 22 | €797,695 | €700,480 | -€97,216 | -12.2% |
| Plant, machinery and equipment | 23 | €113,628 | €99,068 | -€14,560 | -12.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €131,238 | €131,238 | = | 0.0% |
| Current assets | 29/58 | €5,188,840 | €3,808,374 | -€1.4m | -26.6% |
| Stocks and contracts in progress | 3 | €932,493 | €47,983 | -€884,510 | -94.9% |
| Contracts in progress | 37 | €932,493 | €47,983 | -€884,510 | -94.9% |
| Amounts receivable within one year | 40/41 | €482,929 | €465,255 | -€17,674 | -3.7% |
| Trade receivables | 40 | €469,068 | €463,412 | -€5,656 | -1.2% |
| Other amounts receivable | 41 | €13,861 | €1,843 | -€12,018 | -86.7% |
| Current investments | 50/53 | €3,019,234 | €3,000,000 | -€19,234 | -0.6% |
| Cash at bank and in hand | 54/58 | €745,385 | €290,594 | -€454,791 | -61.0% |
| Deferred charges and accrued income | 490/1 | €8,800 | €4,542 | -€4,258 | -48.4% |
| Total equity and liabilities | 10/49 | €6,231,401 | €4,739,159 | -€1.5m | -23.9% |
| Equity | 10/15 | €4,335,306 | €4,617,339 | +€282,034 | +6.5% |
| Contributions | 10/11 | €243,600 | €243,600 | = | 0.0% |
| Reserves | 13 | €4,091,706 | €4,373,739 | +€282,034 | +6.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,091,706 | €4,373,739 | +€282,034 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,896,096 | €121,820 | -€1.8m | -93.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,896,096 | €121,735 | -€1.8m | -93.6% |
| Current portion of amounts payable after more than one year | 42 | - | €170 | +€170 | |
| Trade debts | 44 | €240,469 | €89,740 | -€150,729 | -62.7% |
| Suppliers | 440/4 | €240,469 | €89,740 | -€150,729 | -62.7% |
| Advances received on contracts in progress | 46 | €1,704 | €0 | -€1,704 | -100.0% |
| Taxes, remuneration and social security | 45 | €239,125 | €31,825 | -€207,300 | -86.7% |
| Taxes | 450/3 | €239,125 | €31,825 | -€207,300 | -86.7% |
| Other amounts payable | 47/48 | €1,414,798 | €0 | -€1.4m | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €85 | +€85 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,298 | €48,948 | -€3,349 | -6.4% |
| Other operating charges | 640/8 | €7,637 | €6,758 | -€879 | -11.5% |
| Gross operating margin | 9900 | €1,493,672 | €438,583 | -€1.1m | -70.6% |
| Operating profit (loss) | 9901 | €1,433,737 | €382,877 | -€1.1m | -73.3% |
| Financial income | 75/76B | €35,786 | €66,372 | +€30,586 | +85.5% |
| Recurring financial income | 75 | €35,786 | €66,372 | +€30,586 | +85.5% |
| Financial charges | 65/66B | €13,890 | €409 | -€13,481 | -97.1% |
| Recurring financial charges | 65 | €13,890 | €409 | -€13,481 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | €1,455,632 | €448,840 | -€1.0m | -69.2% |
| Income taxes | 67/77 | €472,896 | €166,806 | -€306,090 | -64.7% |
| Profit (loss) for the period | 9904 | €982,736 | €282,034 | -€700,703 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €982,736 | €282,034 | -€700,703 | -71.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.