CHRISTBOURG: 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.
CHRISTBOURG
Largest movements
- Tangible fixed assets +€47,081
up €47,081 (+301.2%), from €15,632 to €62,713
- Receivables within one year -€18,164
no longer reported in 2025 (was €18,164)
- Cash +€11,298
up €11,298 (+1158.2%), from €975 to €12,273
mainly Debts after one year (+€55,211) and Receivables within one year (+€18,164)
- Receivables after one year +€10,164
new in 2025: €10,164
- Debts after one year +€55,211
new in 2025: €55,211
- Trade debts -€11,151
down €11,151 (-64.3%), from €17,346 to €6,194
- Profit (loss) carried forward +€5,190
up €5,190 (+6.1%), from -€85,663 to -€80,473
- Tax, wage and social debts +€1,138
new in 2025: €1,138
- Gross operating margin -€5,173
down €5,173 (-36.6%), from €14,145 to €8,972
- Other operating charges -€1,955
down €1,955 (-83.5%), from €2,342 to €387
- Depreciation +€1,383
up €1,383 (+855.2%), from €162 to €1,545
- Taxes +€1,138
new in 2025: €1,138
- Financial charges +€699
up €699 (+5592.7%), from €13 to €712
of which Non-recurring financial charges: +€712
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 | €34,772 | €85,150 | +€50,378 | +144.9% |
| Fixed assets | 21/28 | €15,632 | €62,713 | +€47,081 | +301.2% |
| Tangible fixed assets | 22/27 | €15,632 | €62,713 | +€47,081 | +301.2% |
| Land and buildings | 22 | €15,632 | €62,713 | +€47,081 | +301.2% |
| Current assets | 29/58 | €19,140 | €22,437 | +€3,298 | +17.2% |
| Amounts receivable after more than one year | 29 | - | €10,164 | +€10,164 | |
| Other amounts receivable | 291 | - | €10,164 | +€10,164 | |
| Amounts receivable within one year | 40/41 | €18,164 | - | -€18,164 | |
| Other amounts receivable | 41 | €18,164 | - | -€18,164 | |
| Cash at bank and in hand | 54/58 | €975 | €12,273 | +€11,298 | +1158.2% |
| Total equity and liabilities | 10/49 | €34,772 | €85,150 | +€50,378 | +144.9% |
| Equity | 10/15 | -€23,371 | -€18,181 | +€5,190 | +22.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | - | -€61,500 | |
| Issued capital | 100 | €61,500 | - | -€61,500 | |
| Reserves | 13 | €792 | €792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €792 | €792 | = | 0.0% |
| Legal reserve | 130 | €792 | - | -€792 | |
| Reserves not available under the articles | 1311 | - | €792 | +€792 | |
| Profit (loss) carried forward | 14 | -€85,663 | -€80,473 | +€5,190 | +6.1% |
| Amounts payable | 17/49 | €58,143 | €103,331 | +€45,189 | +77.7% |
| Amounts payable after more than one year | 17 | - | €55,211 | +€55,211 | |
| Financial debts | 170/4 | - | €55,211 | +€55,211 | |
| Amounts payable within one year | 42/48 | €58,143 | €48,120 | -€10,022 | -17.2% |
| Trade debts | 44 | €17,346 | €6,194 | -€11,151 | -64.3% |
| Suppliers | 440/4 | €17,346 | €6,194 | -€11,151 | -64.3% |
| Taxes, remuneration and social security | 45 | - | €1,138 | +€1,138 | |
| Taxes | 450/3 | - | €1,138 | +€1,138 | |
| Other amounts payable | 47/48 | €40,797 | €40,788 | -€9 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162 | €1,545 | +€1,383 | +855.2% |
| Other operating charges | 640/8 | €2,342 | €387 | -€1,955 | -83.5% |
| Gross operating margin | 9900 | €14,145 | €8,972 | -€5,173 | -36.6% |
| Operating profit (loss) | 9901 | €11,641 | €7,040 | -€4,601 | -39.5% |
| Financial charges | 65/66B | €13 | €712 | +€699 | +5592.7% |
| Recurring financial charges | 65 | €13 | €712 | +€699 | +5592.7% |
| Non-recurring financial charges | 66B | - | €712 | +€712 | |
| Profit (loss) for the period before taxes | 9903 | €11,628 | €6,328 | -€5,300 | -45.6% |
| Income taxes | 67/77 | - | €1,138 | +€1,138 | |
| Profit (loss) for the period | 9904 | €11,628 | €5,190 | -€6,438 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,628 | €5,190 | -€6,438 | -55.4% |
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 6 October 2026 via checked.be.