CHRIJO: 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.
CHRIJO
Largest movements
- Cash -€21,041
down €21,041 (-74.9%), from €28,099 to €7,058
mainly Investment in fixed assets (net) (-€40,197) and Debts after one year (-€34,816)
- Receivables within one year +€13,108
up €13,108 (+184.1%), from €7,120 to €20,228
- Stocks and contracts -€10,762
down €10,762 (-5.8%), from €184,227 to €173,465
- Tangible fixed assets -€4,317
down €4,317 (-3.3%), from €132,652 to €128,335
of which Other tangible fixed assets: -€5,211
- Debts after one year -€34,816
down €34,816 (-47.0%), from €74,017 to €39,202
- Reserves +€30,410
up €30,410 (+28.7%), from €106,106 to €136,516
- Tax, wage and social debts -€27,207
down €27,207 (-42.7%), from €63,722 to €36,515
of which Taxes: -€28,325
- Short-term financial debts +€19,036
new in 2025: €19,036
- Trade debts -€14,948
down €14,948 (-20.1%), from €74,486 to €59,538
- Staff costs +€54,340
up €54,340 (+26.3%), from €206,931 to €261,271
- Taxes -€28,068
down €28,068 (-66.4%), from €42,283 to €14,215
- Depreciation +€6,298
up €6,298 (+16.5%), from €38,216 to €44,514
- Gross operating margin -€5,931
down €5,931 (-1.6%), from €378,432 to €372,501
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 | €359,812 | €337,658 | -€22,154 | -6.2% |
| Fixed assets | 21/28 | €132,652 | €128,335 | -€4,317 | -3.3% |
| Tangible fixed assets | 22/27 | €132,652 | €128,335 | -€4,317 | -3.3% |
| Plant, machinery and equipment | 23 | €97,961 | €98,652 | +€691 | +0.7% |
| Furniture and vehicles | 24 | €5,120 | €5,323 | +€203 | +4.0% |
| Other tangible fixed assets | 26 | €29,570 | €24,359 | -€5,211 | -17.6% |
| Current assets | 29/58 | €227,160 | €209,323 | -€17,837 | -7.9% |
| Stocks and contracts in progress | 3 | €184,227 | €173,465 | -€10,762 | -5.8% |
| Stocks | 30/36 | €184,227 | €173,465 | -€10,762 | -5.8% |
| Amounts receivable within one year | 40/41 | €7,120 | €20,228 | +€13,108 | +184.1% |
| Other amounts receivable | 41 | €7,120 | €20,228 | +€13,108 | +184.1% |
| Cash at bank and in hand | 54/58 | €28,099 | €7,058 | -€21,041 | -74.9% |
| Deferred charges and accrued income | 490/1 | €7,714 | €8,572 | +€858 | +11.1% |
| Total equity and liabilities | 10/49 | €359,812 | €337,658 | -€22,154 | -6.2% |
| Equity | 10/15 | €106,106 | €136,516 | +€30,410 | +28.7% |
| Reserves | 13 | €106,106 | €136,516 | +€30,410 | +28.7% |
| Distributable reserves | 133 | €106,106 | €136,516 | +€30,410 | +28.7% |
| Amounts payable | 17/49 | €253,706 | €201,142 | -€52,564 | -20.7% |
| Amounts payable after more than one year | 17 | €74,017 | €39,202 | -€34,816 | -47.0% |
| Financial debts | 170/4 | €74,017 | €39,202 | -€34,816 | -47.0% |
| Amounts payable within one year | 42/48 | €179,689 | €161,941 | -€17,748 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €33,932 | €34,816 | +€884 | +2.6% |
| Financial debts | 43 | - | €19,036 | +€19,036 | |
| Credit institutions | 430/8 | - | €19,036 | +€19,036 | |
| Trade debts | 44 | €74,486 | €59,538 | -€14,948 | -20.1% |
| Suppliers | 440/4 | €74,486 | €59,538 | -€14,948 | -20.1% |
| Taxes, remuneration and social security | 45 | €63,722 | €36,515 | -€27,207 | -42.7% |
| Taxes | 450/3 | €41,955 | €13,630 | -€28,325 | -67.5% |
| Remuneration and social security | 454/9 | €21,767 | €22,885 | +€1,118 | +5.1% |
| Other amounts payable | 47/48 | €7,548 | €12,036 | +€4,487 | +59.4% |
| Remuneration, social security and pensions | 62 | €206,931 | €261,271 | +€54,340 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,216 | €44,514 | +€6,298 | +16.5% |
| Other operating charges | 640/8 | €9,385 | €10,465 | +€1,080 | +11.5% |
| Gross operating margin | 9900 | €378,432 | €372,501 | -€5,931 | -1.6% |
| Operating profit (loss) | 9901 | €123,900 | €56,250 | -€67,650 | -54.6% |
| Financial income | 75/76B | €74 | €390 | +€316 | +430.0% |
| Recurring financial income | 75 | €74 | €390 | +€316 | +430.0% |
| Financial charges | 65/66B | €11,714 | €12,016 | +€302 | +2.6% |
| Recurring financial charges | 65 | €11,714 | €12,016 | +€302 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €112,260 | €44,624 | -€67,635 | -60.2% |
| Income taxes | 67/77 | €42,283 | €14,215 | -€28,068 | -66.4% |
| Profit (loss) for the period | 9904 | €69,977 | €30,410 | -€39,567 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,977 | €30,410 | -€39,567 | -56.5% |
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 11 October 2026 via checked.be.