CHRISTELLE: 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.
CHRISTELLE
Largest movements
- Cash -€66,976
down €66,976 (-45.0%), from €148,983 to €82,007
mainly Net result for the year (-€55,137) and Investment in fixed assets (net) (-€8,459)
- Tangible fixed assets +€2,185
up €2,185 (+14.6%), from €14,978 to €17,164
of which Other tangible fixed assets: +€1,708
- Profit (loss) carried forward -€55,137
down €55,137 (-46.2%), from €119,385 to €64,248
- Tax, wage and social debts -€8,334
down €8,334 (-23.2%), from €35,979 to €27,646
of which Taxes: -€16,135
- Gross operating margin -€130,180
down €130,180 (-34.6%), from €376,748 to €246,568
- Taxes -€20,454
down €20,454 (-95.8%), from €21,360 to €906
- Staff costs -€10,348
down €10,348 (-3.6%), from €287,857 to €277,510
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 | €198,954 | €134,097 | -€64,858 | -32.6% |
| Fixed assets | 21/28 | €35,712 | €37,897 | +€2,185 | +6.1% |
| Tangible fixed assets | 22/27 | €14,978 | €17,164 | +€2,185 | +14.6% |
| Plant, machinery and equipment | 23 | €9,739 | €9,346 | -€394 | -4.0% |
| Furniture and vehicles | 24 | €662 | €1,533 | +€871 | +131% |
| Other tangible fixed assets | 26 | €4,577 | €6,285 | +€1,708 | +37.3% |
| Financial fixed assets | 28 | €20,733 | €20,733 | = | 0.0% |
| Current assets | 29/58 | €163,243 | €96,200 | -€67,043 | -41.1% |
| Stocks and contracts in progress | 3 | €10,948 | €12,425 | +€1,478 | +13.5% |
| Stocks | 30/36 | €10,948 | €12,425 | +€1,478 | +13.5% |
| Amounts receivable within one year | 40/41 | €1,621 | €1,768 | +€146 | +9.0% |
| Trade receivables | 40 | €1,056 | €1,763 | +€707 | +66.9% |
| Other amounts receivable | 41 | €565 | €5 | -€561 | -99.2% |
| Cash at bank and in hand | 54/58 | €148,983 | €82,007 | -€66,976 | -45.0% |
| Deferred charges and accrued income | 490/1 | €1,691 | - | -€1,691 | |
| Total equity and liabilities | 10/49 | €198,954 | €134,097 | -€64,858 | -32.6% |
| Equity | 10/15 | €133,445 | €78,308 | -€55,137 | -41.3% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,385 | €64,248 | -€55,137 | -46.2% |
| Amounts payable | 17/49 | €65,509 | €55,789 | -€9,720 | -14.8% |
| Amounts payable within one year | 42/48 | €65,509 | €55,789 | -€9,720 | -14.8% |
| Trade debts | 44 | €19,353 | €17,671 | -€1,682 | -8.7% |
| Suppliers | 440/4 | €19,353 | €17,671 | -€1,682 | -8.7% |
| Taxes, remuneration and social security | 45 | €35,979 | €27,646 | -€8,334 | -23.2% |
| Taxes | 450/3 | €30,389 | €14,254 | -€16,135 | -53.1% |
| Remuneration and social security | 454/9 | €5,590 | €13,391 | +€7,801 | +140% |
| Other amounts payable | 47/48 | €10,177 | €10,472 | +€296 | +2.9% |
| Remuneration, social security and pensions | 62 | €287,857 | €277,510 | -€10,348 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,600 | €6,274 | +€1,674 | +36.4% |
| Other operating charges | 640/8 | €9,057 | €7,040 | -€2,017 | -22.3% |
| Gross operating margin | 9900 | €376,748 | €246,568 | -€130,180 | -34.6% |
| Operating profit (loss) | 9901 | €75,234 | -€44,255 | -€119,489 | |
| Financial income | 75/76B | €0 | €5 | +€4 | +3,446% |
| Recurring financial income | 75 | €0 | €5 | +€4 | +3,446% |
| Financial charges | 65/66B | €10,757 | €9,981 | -€777 | -7.2% |
| Recurring financial charges | 65 | €10,757 | €9,981 | -€777 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €64,477 | -€54,231 | -€118,708 | |
| Income taxes | 67/77 | €21,360 | €906 | -€20,454 | -95.8% |
| Profit (loss) for the period | 9904 | €43,117 | -€55,137 | -€98,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,117 | -€55,137 | -€98,254 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.