CCL GROUP: 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.
CCL GROUP
Largest movements
- Receivables within one year -€92,800
down €92,800 (-46.9%), from €197,802 to €105,002
of which Trade receivables: -€122,077
- Receivables after one year -€66,000
down €66,000 (-100.0%), from €66,000 to €0
- Debts after one year -€147,231
down €147,231 (-66.4%), from €221,829 to €74,598
- Current portion of long-term debt -€29,527
down €29,527 (-32.5%), from €90,768 to €61,241
- Trade debts +€14,956
up €14,956 (+17.5%), from €85,252 to €100,208
- Gross operating margin -€51,886
down €51,886 (-33.2%), from €156,114 to €104,228
- Financial charges -€26,199
down €26,199 (-68.8%), from €38,082 to €11,883
- Financial income -€12,259
down €12,259 (-45.9%), from €26,720 to €14,461
- Taxes -€8,789
down €8,789 (-84.3%), from €10,424 to €1,635
- Depreciation +€5,179
up €5,179 (+5.7%), from €90,965 to €96,144
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 | €700,439 | €537,624 | -€162,815 | -23.2% |
| Fixed assets | 21/28 | €433,821 | €430,777 | -€3,044 | -0.7% |
| Tangible fixed assets | 22/27 | €433,551 | €430,507 | -€3,044 | -0.7% |
| Land and buildings | 22 | €284,477 | €266,945 | -€17,532 | -6.2% |
| Plant, machinery and equipment | 23 | €5,109 | €3,191 | -€1,918 | -37.5% |
| Furniture and vehicles | 24 | €87,856 | €53,776 | -€34,080 | -38.8% |
| Leasing and similar rights | 25 | €56,109 | €102,268 | +€46,159 | +82.3% |
| Other tangible fixed assets | 26 | - | €4,327 | +€4,327 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €266,618 | €106,846 | -€159,772 | -59.9% |
| Amounts receivable after more than one year | 29 | €66,000 | €0 | -€66,000 | -100.0% |
| Other amounts receivable | 291 | €66,000 | €0 | -€66,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €197,802 | €105,002 | -€92,800 | -46.9% |
| Trade receivables | 40 | €197,802 | €75,725 | -€122,077 | -61.7% |
| Other amounts receivable | 41 | - | €29,277 | +€29,277 | |
| Cash at bank and in hand | 54/58 | €652 | €697 | +€45 | +6.8% |
| Deferred charges and accrued income | 490/1 | €2,163 | €1,147 | -€1,016 | -47.0% |
| Total equity and liabilities | 10/49 | €700,439 | €537,624 | -€162,815 | -23.2% |
| Equity | 10/15 | €58,553 | €56,986 | -€1,567 | -2.7% |
| Contributions | 10/11 | €4,650 | €4,650 | = | 0.0% |
| Reserves | 13 | €464 | €464 | +€0 | 0.0% |
| Distributable reserves | 133 | €464 | €464 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €53,439 | €51,872 | -€1,567 | -2.9% |
| Amounts payable | 17/49 | €641,885 | €480,638 | -€161,247 | -25.1% |
| Amounts payable after more than one year | 17 | €221,829 | €74,598 | -€147,231 | -66.4% |
| Financial debts | 170/4 | €221,829 | €74,598 | -€147,231 | -66.4% |
| Amounts payable within one year | 42/48 | €392,962 | €378,267 | -€14,695 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €90,768 | €61,241 | -€29,527 | -32.5% |
| Trade debts | 44 | €85,252 | €100,208 | +€14,956 | +17.5% |
| Suppliers | 440/4 | €85,252 | €100,208 | +€14,956 | +17.5% |
| Taxes, remuneration and social security | 45 | €27,095 | €25,506 | -€1,589 | -5.9% |
| Taxes | 450/3 | €24,095 | €25,506 | +€1,411 | +5.9% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100.0% |
| Other amounts payable | 47/48 | €189,847 | €191,312 | +€1,465 | +0.8% |
| Accrued charges and deferred income | 492/3 | €27,094 | €27,773 | +€679 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,965 | €96,144 | +€5,179 | +5.7% |
| Other operating charges | 640/8 | €8,885 | €10,595 | +€1,710 | +19.2% |
| Gross operating margin | 9900 | €156,114 | €104,228 | -€51,886 | -33.2% |
| Operating profit (loss) | 9901 | €56,264 | -€2,511 | -€58,775 | |
| Financial income | 75/76B | €26,720 | €14,461 | -€12,259 | -45.9% |
| Recurring financial income | 75 | €26,720 | €14,461 | -€12,259 | -45.9% |
| Financial charges | 65/66B | €38,082 | €11,883 | -€26,199 | -68.8% |
| Recurring financial charges | 65 | €38,082 | €11,883 | -€26,199 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | €44,902 | €67 | -€44,835 | -99.9% |
| Income taxes | 67/77 | €10,424 | €1,635 | -€8,789 | -84.3% |
| Profit (loss) for the period | 9904 | €34,479 | -€1,567 | -€36,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,479 | -€1,567 | -€36,046 |
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 10 October 2026 via checked.be.