CFK PROJECTS: 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.
CFK PROJECTS
Largest movements
- Financial fixed assets +€15,900
up €15,900 (+13.2%), from €120,896 to €136,796
- Cash -€15,893
down €15,893 (-91.9%), from €17,301 to €1,408
mainly Investment in fixed assets (net) (-€15,900) and Net result for the year (-€4,328)
- Deferred charges and accrued income -€4,390
down €4,390 (-52.3%), from €8,400 to €4,010
- Profit (loss) carried forward -€4,328
down €4,328 (-28.6%), from €15,142 to €10,813
- Advances received -€2,397
down €2,397 (-100.0%), from €2,397 to €0
- Trade debts +€1,882
up €1,882 (+3.4%), from €54,961 to €56,844
- Debts after one year +€1,746
up €1,746 (+3.5%), from €49,446 to €51,192
- Financial income -€4,389
down €4,389 (-52.3%), from €8,400 to €4,011
- Financial charges -€1,235
down €1,235 (-41.1%), from €3,002 to €1,767
of which Financial charges: -€1,235
- Gross operating margin +€1,072
up €1,072 (+15.3%), from -€6,990 to -€5,918
- Other operating charges -€740
down €740 (-53.1%), from €1,394 to €654
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 | €151,697 | €147,641 | -€4,056 | -2.7% |
| Fixed assets | 21/28 | €120,896 | €136,796 | +€15,900 | +13.2% |
| Financial fixed assets | 28 | €120,896 | €136,796 | +€15,900 | +13.2% |
| Current assets | 29/58 | €30,801 | €10,845 | -€19,956 | -64.8% |
| Amounts receivable within one year | 40/41 | €5,100 | €5,427 | +€327 | +6.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,100 | €5,427 | +€327 | +6.4% |
| Cash at bank and in hand | 54/58 | €17,301 | €1,408 | -€15,893 | -91.9% |
| Deferred charges and accrued income | 490/1 | €8,400 | €4,010 | -€4,390 | -52.3% |
| Total equity and liabilities | 10/49 | €151,697 | €147,641 | -€4,056 | -2.7% |
| Equity | 10/15 | €35,602 | €31,273 | -€4,328 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,142 | €10,813 | -€4,328 | -28.6% |
| Amounts payable | 17/49 | €116,096 | €116,368 | +€273 | +0.2% |
| Amounts payable after more than one year | 17 | €49,446 | €51,192 | +€1,746 | +3.5% |
| Financial debts | 170/4 | €49,446 | €51,192 | +€1,746 | +3.5% |
| Amounts payable within one year | 42/48 | €64,439 | €63,923 | -€516 | -0.8% |
| Trade debts | 44 | €54,961 | €56,844 | +€1,882 | +3.4% |
| Suppliers | 440/4 | €54,961 | €56,844 | +€1,882 | +3.4% |
| Advances received on contracts in progress | 46 | €2,397 | €0 | -€2,397 | -100.0% |
| Taxes, remuneration and social security | 45 | €1 | €0 | -€1 | -100.0% |
| Taxes | 450/3 | €1 | €0 | -€1 | -100.0% |
| Other amounts payable | 47/48 | €7,079 | €7,079 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,211 | €1,253 | -€958 | -43.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,394 | €654 | -€740 | -53.1% |
| Gross operating margin | 9900 | -€6,990 | -€5,918 | +€1,072 | +15.3% |
| Operating profit (loss) | 9901 | -€8,384 | -€6,572 | +€1,812 | +21.6% |
| Financial income | 75/76B | €8,400 | €4,011 | -€4,389 | -52.3% |
| Recurring financial income | 75 | €8,400 | €4,011 | -€4,389 | -52.3% |
| Financial charges | 65/66B | €3,002 | €1,767 | -€1,235 | -41.1% |
| Recurring financial charges | 65 | €3,002 | €1,767 | -€1,235 | -41.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€2,986 | -€4,328 | -€1,342 | -45.0% |
| Profit (loss) for the period | 9904 | -€2,986 | -€4,328 | -€1,342 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,986 | -€4,328 | -€1,342 | -45.0% |
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 9 October 2026 via checked.be.