CHRIS INVEST: 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.
CHRIS INVEST
Largest movements
- Receivables within one year -€86,883
down €86,883 (-77.5%), from €112,160 to €25,277
of which Other amounts receivable: -€57,253
- Tangible fixed assets -€52,266
down €52,266 (-4.3%), from €1.2m to €1.2m
of which Land and buildings: -€42,067
- Cash +€17,421
up €17,421 (+16.4%), from €106,344 to €123,764
mainly Net result for the year (+€93,461) and Receivables within one year (+€86,883)
- Reserves -€66,156
down €66,156 (-6.6%), from €1.0m to €938,747
of which Distributable reserves: -€52,679
- Debts after one year -€51,550
down €51,550 (-30.2%), from €170,809 to €119,259
- Other debts +€28,984
up €28,984 (+32.7%), from €88,524 to €117,507
- Trade debts -€25,553
down €25,553 (-96.5%), from €26,469 to €917
- Gross operating margin +€16,176
up €16,176 (+7.9%), from €203,981 to €220,158
- Taxes +€4,593
up €4,593 (+9.5%), from €48,189 to €52,782
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 | €1,587,218 | €1,475,551 | -€111,667 | -7.0% |
| Fixed assets | 21/28 | €1,203,145 | €1,150,879 | -€52,266 | -4.3% |
| Tangible fixed assets | 22/27 | €1,203,145 | €1,150,879 | -€52,266 | -4.3% |
| Land and buildings | 22 | €1,191,780 | €1,149,712 | -€42,067 | -3.5% |
| Plant, machinery and equipment | 23 | €1,981 | €1,167 | -€814 | -41.1% |
| Furniture and vehicles | 24 | €9,385 | €0 | -€9,385 | -100% |
| Current assets | 29/58 | €384,073 | €324,672 | -€59,401 | -15.5% |
| Amounts receivable within one year | 40/41 | €112,160 | €25,277 | -€86,883 | -77.5% |
| Trade receivables | 40 | €39,519 | €9,890 | -€29,630 | -75.0% |
| Other amounts receivable | 41 | €72,640 | €15,387 | -€57,253 | -78.8% |
| Current investments | 50/53 | €156,917 | €165,960 | +€9,043 | +5.8% |
| Cash at bank and in hand | 54/58 | €106,344 | €123,764 | +€17,421 | +16.4% |
| Deferred charges and accrued income | 490/1 | €8,652 | €9,670 | +€1,018 | +11.8% |
| Total equity and liabilities | 10/49 | €1,587,218 | €1,475,551 | -€111,667 | -7.0% |
| Equity | 10/15 | €1,137,593 | €1,073,376 | -€64,218 | -5.6% |
| Contributions | 10/11 | €18,442 | €18,442 | = | 0.0% |
| Reserves | 13 | €1,004,903 | €938,747 | -€66,156 | -6.6% |
| Tax-exempt reserves | 132 | €285,592 | €272,115 | -€13,477 | -4.7% |
| Distributable reserves | 133 | €719,311 | €666,632 | -€52,679 | -7.3% |
| Profit (loss) carried forward | 14 | €114,248 | €116,186 | +€1,938 | +1.7% |
| Provisions and deferred taxes | 16 | €95,197 | €90,705 | -€4,492 | -4.7% |
| Deferred taxes | 168 | €95,197 | €90,705 | -€4,492 | -4.7% |
| Amounts payable | 17/49 | €354,427 | €311,470 | -€42,957 | -12.1% |
| Amounts payable after more than one year | 17 | €170,809 | €119,259 | -€51,550 | -30.2% |
| Financial debts | 170/4 | €170,809 | €119,259 | -€51,550 | -30.2% |
| Amounts payable within one year | 42/48 | €183,618 | €192,211 | +€8,593 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €50,559 | €51,251 | +€692 | +1.4% |
| Trade debts | 44 | €26,469 | €917 | -€25,553 | -96.5% |
| Suppliers | 440/4 | €26,469 | €917 | -€25,553 | -96.5% |
| Taxes, remuneration and social security | 45 | €18,066 | €22,536 | +€4,470 | +24.7% |
| Taxes | 450/3 | €18,066 | €22,536 | +€4,470 | +24.7% |
| Other amounts payable | 47/48 | €88,524 | €117,507 | +€28,984 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,416 | €52,266 | +€1,850 | +3.7% |
| Other operating charges | 640/8 | €20,166 | €19,216 | -€950 | -4.7% |
| Gross operating margin | 9900 | €203,981 | €220,158 | +€16,176 | +7.9% |
| Operating profit (loss) | 9901 | €133,400 | €148,676 | +€15,276 | +11.5% |
| Financial income | 75/76B | €2,728 | €2,812 | +€85 | +3.1% |
| Recurring financial income | 75 | €2,728 | €2,812 | +€85 | +3.1% |
| Financial charges | 65/66B | €9,375 | €9,737 | +€362 | +3.9% |
| Recurring financial charges | 65 | €9,375 | €9,737 | +€362 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €126,753 | €141,751 | +€14,998 | +11.8% |
| Transfer from deferred taxes | 780 | €4,492 | €4,492 | = | 0.0% |
| Income taxes | 67/77 | €48,189 | €52,782 | +€4,593 | +9.5% |
| Profit (loss) for the period | 9904 | €83,056 | €93,461 | +€10,405 | +12.5% |
| Transfer from tax-exempt reserves | 789 | €13,477 | €13,477 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,533 | €106,938 | +€10,405 | +10.8% |
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 28 October 2026 via checked.be.