Chrislie: 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.
Chrislie
Largest movements
- Tangible fixed assets -€118,845
down €118,845 (-11.5%), from €1.0m to €916,316
of which Land and buildings: -€109,328
- Receivables within one year -€30,998
down €30,998 (-11.1%), from €280,123 to €249,125
of which Other amounts receivable: -€33,023
- Debts after one year -€96,559
down €96,559 (-15.8%), from €610,224 to €513,665
of which Financial debts: -€96,559
- Reserves -€70,502
down €70,502 (-13.8%), from €510,775 to €440,273
of which Tax-exempt reserves: -€36,911
- Other debts +€27,500
new in 2025: €27,500
- Gross operating margin -€8,250
down €8,250 (-9.8%), from €83,824 to €75,574
- Depreciation +€5,861
up €5,861 (+4.8%), from €123,185 to €129,046
- Financial income +€1,922
up €1,922 (+88.8%), from €2,165 to €4,086
- Financial charges -€1,668
down €1,668 (-7.9%), from €21,095 to €19,427
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 | €1,359,980 | €1,211,896 | -€148,084 | -10.9% |
| Fixed assets | 21/28 | €1,035,161 | €916,316 | -€118,845 | -11.5% |
| Tangible fixed assets | 22/27 | €1,035,161 | €916,316 | -€118,845 | -11.5% |
| Land and buildings | 22 | €954,677 | €845,350 | -€109,328 | -11.5% |
| Plant, machinery and equipment | 23 | €4,088 | €4,641 | +€553 | +13.5% |
| Furniture and vehicles | 24 | €76,396 | €66,325 | -€10,070 | -13.2% |
| Current assets | 29/58 | €324,818 | €295,580 | -€29,239 | -9.0% |
| Stocks and contracts in progress | 3 | €16,920 | €16,920 | = | 0.0% |
| Stocks | 30/36 | €16,920 | €16,920 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €280,123 | €249,125 | -€30,998 | -11.1% |
| Trade receivables | 40 | €2,918 | €4,943 | +€2,026 | +69.4% |
| Other amounts receivable | 41 | €277,205 | €244,182 | -€33,023 | -11.9% |
| Cash at bank and in hand | 54/58 | €19,832 | €16,128 | -€3,704 | -18.7% |
| Deferred charges and accrued income | 490/1 | €7,943 | €13,407 | +€5,464 | +68.8% |
| Total equity and liabilities | 10/49 | €1,359,980 | €1,211,896 | -€148,084 | -10.9% |
| Equity | 10/15 | €587,775 | €517,273 | -€70,502 | -12.0% |
| Contributions | 10/11 | €77,000 | €77,000 | = | 0.0% |
| Reserves | 13 | €510,775 | €440,273 | -€70,502 | -13.8% |
| Non-distributable reserves | 130/1 | €7,700 | €7,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,700 | €7,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €189,855 | €152,943 | -€36,911 | -19.4% |
| Distributable reserves | 133 | €313,220 | €279,630 | -€33,590 | -10.7% |
| Provisions and deferred taxes | 16 | €63,267 | €50,963 | -€12,304 | -19.4% |
| Deferred taxes | 168 | €63,267 | €50,963 | -€12,304 | -19.4% |
| Amounts payable | 17/49 | €708,938 | €643,660 | -€65,279 | -9.2% |
| Amounts payable after more than one year | 17 | €610,224 | €513,665 | -€96,559 | -15.8% |
| Financial debts | 170/4 | €578,324 | €481,765 | -€96,559 | -16.7% |
| Advances received on contracts in progress | 176 | €31,900 | €31,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €98,714 | €129,995 | +€31,281 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €95,120 | €98,700 | +€3,580 | +3.8% |
| Trade debts | 44 | €2,788 | €1,256 | -€1,533 | -55.0% |
| Suppliers | 440/4 | €2,788 | €1,256 | -€1,533 | -55.0% |
| Taxes, remuneration and social security | 45 | €806 | €2,539 | +€1,733 | +214.9% |
| Taxes | 450/3 | €806 | €2,539 | +€1,733 | +214.9% |
| Other amounts payable | 47/48 | - | €27,500 | +€27,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,185 | €129,046 | +€5,861 | +4.8% |
| Other operating charges | 640/8 | €13,540 | €13,717 | +€177 | +1.3% |
| Gross operating margin | 9900 | €83,824 | €75,574 | -€8,250 | -9.8% |
| Operating profit (loss) | 9901 | -€52,901 | -€67,189 | -€14,288 | -27.0% |
| Financial income | 75/76B | €2,165 | €4,086 | +€1,922 | +88.8% |
| Recurring financial income | 75 | €2,165 | €4,086 | +€1,922 | +88.8% |
| Financial charges | 65/66B | €21,095 | €19,427 | -€1,668 | -7.9% |
| Recurring financial charges | 65 | €21,095 | €19,427 | -€1,668 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€71,831 | -€82,530 | -€10,699 | -14.9% |
| Transfer from deferred taxes | 780 | €12,304 | €12,304 | = | 0.0% |
| Income taxes | 67/77 | €128 | €275 | +€147 | +115.1% |
| Profit (loss) for the period | 9904 | -€59,656 | -€70,502 | -€10,846 | -18.2% |
| Transfer from tax-exempt reserves | 789 | €36,911 | €36,911 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,744 | -€33,590 | -€10,846 | -47.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.