CHRISTEYNS: what changed
What changed
CHRISTEYNS
NACE 20.411, Manufacture of chemicals and chemical products
filed annual accounts (NBB)
Net result for the year
€38.2m
2024 · €30.6m+€7.6m
Equity
€201.8m
2024 · €169.6m+€32.2m
Cash
€1.3m
2024 · €1.3m-€60,383
Balance sheet total
€223.5m
2024 · €193.1m+€30.4m
Largest movements
Assets
- Receivables within one year +€15.5m
up €15.5m (+48.9%), from €31.6m to €47.1m
of which Other amounts receivable: +€14.1m
- Financial fixed assets +€5.2m
up €5.2m (+7.0%), from €74.8m to €80.0m
of which Affiliated companies: +€5.1m
- Current investments +€4.7m
up €4.7m (+9.9%), from €48.0m to €52.7m
- Tangible fixed assets +€4.5m
up €4.5m (+17.8%), from €25.2m to €29.7m
of which Land and buildings: +€3.8m
Equity and liabilities
- Profit (loss) carried forward +€31.2m
up €31.2m (+27.9%), from €111.7m to €143.0m
- Debts after one year -€4.5m
down €4.5m (-80.1%), from €5.6m to €1.1m
of which Financial debts: -€3.8m
- Other debts +€3.3m
up €3.3m (+81.0%), from €4.0m to €7.3m
Income statement
- Turnover +€7.5m
up €7.5m (+7.5%), from €99.0m to €106.4m
- Financial income +€6.6m
up €6.6m (+24.2%), from €27.3m to €33.9m
- Goods and materials +€3.7m
up €3.7m (+6.7%), from €55.3m to €59.1m
of which Purchases: +€3.5m
- Financial charges -€2.2m
down €2.2m (-78.2%), from €2.8m to €615,607
of which Financial charges: -€2.5m
- Services and other goods +€2.0m
up €2.0m (+10.2%), from €19.7m to €21.7m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30.6m
Turnover
+€7.5m
Other operating income
-€90,327
Goods and materials
-€3.7m
Services and other goods
-€2.0m
Staff costs
-€1.1m
Depreciation
-€557,306
Write-downs
-€629,951
Other operating charges
-€16,162
Other operating items
-€65,193
Financial income
+€6.6m
Financial charges
+€2.2m
Taxes
-€500,578
Result 2025
€38.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31.6m
Investment
-€20.9m
Financing
-€10.7m
Cash 2024
€1.3m
From operations (derived)
+€31.6m
Net result for the year
+€38.2m
Depreciation
+€5.8m
Receivables after one year
-€166,933
Stocks and contracts
+€296,097
Receivables within one year
-€15.5m
Smaller working-capital items
+€31,889
Tax, wage and social debts
-€340,757
Other debts
+€3.3m
Investment (derived)
-€20.9m
Investment in fixed assets (net)
-€16.2m
Current investments
-€4.7m
Financing
-€10.7m
Debts after one year
-€4.5m
Current portion of long-term debt
-€219,838
Contributions, distributions and other
-€6.0m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,093,399 | €223,501,402 | +€30.4m | +15.7% |
| Fixed assets | 21/28 | €102,080,737 | €112,482,392 | +€10.4m | +10.2% |
| Intangible fixed assets | 21 | €2,089,459 | €2,783,902 | +€694,443 | +33.2% |
| Tangible fixed assets | 22/27 | €25,227,912 | €29,716,234 | +€4.5m | +17.8% |
| Land and buildings | 22 | €14,177,582 | €17,934,326 | +€3.8m | +26.5% |
| Plant, machinery and equipment | 23 | €9,476,730 | €10,144,034 | +€667,303 | +7.0% |
| Furniture and vehicles | 24 | €1,573,600 | €1,637,874 | +€64,274 | +4.1% |
| Financial fixed assets | 28 | €74,763,366 | €79,982,256 | +€5.2m | +7.0% |
| Affiliated companies | 280/1 | €73,304,366 | €78,393,903 | +€5.1m | +6.9% |
| Participating interests | 280 | €73,304,366 | €76,212,278 | +€2.9m | +4.0% |
| Amounts receivable | 281 | - | €2,181,625 | +€2.2m | |
| Companies linked by participating interests | 282/3 | €1,450,000 | €1,581,583 | +€131,583 | +9.1% |
| Participating interests | 282 | €1,450,000 | €1,581,583 | +€131,583 | +9.1% |
| Other financial fixed assets | 284/8 | €9,000 | €6,770 | -€2,230 | -24.8% |
| Amounts receivable and cash guarantees | 285/8 | €9,000 | €6,770 | -€2,230 | -24.8% |
| Current assets | 29/58 | €91,012,662 | €111,019,010 | +€20.0m | +22.0% |
| Amounts receivable after more than one year | 29 | €307,857 | €474,790 | +€166,933 | +54.2% |
| Other amounts receivable | 291 | €307,857 | €474,790 | +€166,933 | +54.2% |
| Stocks and contracts in progress | 3 | €9,599,181 | €9,303,084 | -€296,097 | -3.1% |
| Stocks | 30/36 | €9,599,181 | €9,303,084 | -€296,097 | -3.1% |
| Raw materials and consumables | 30/31 | €5,035,131 | €4,586,779 | -€448,353 | -8.9% |
| Work in progress | 32 | €124,240 | €155,218 | +€30,978 | +24.9% |
| Finished goods | 33 | €3,616,203 | €3,437,656 | -€178,547 | -4.9% |
| Goods purchased for resale | 34 | €823,607 | €1,123,432 | +€299,825 | +36.4% |
| Amounts receivable within one year | 40/41 | €31,643,368 | €47,113,137 | +€15.5m | +48.9% |
| Trade receivables | 40 | €20,992,884 | €22,369,589 | +€1.4m | +6.6% |
| Other amounts receivable | 41 | €10,650,483 | €24,743,548 | +€14.1m | +132% |
| Current investments | 50/53 | €48,000,000 | €52,740,000 | +€4.7m | +9.9% |
| Other investments | 51/53 | €48,000,000 | €52,740,000 | +€4.7m | +9.9% |
| Cash at bank and in hand | 54/58 | €1,340,721 | €1,280,337 | -€60,383 | -4.5% |
| Deferred charges and accrued income | 490/1 | €121,535 | €107,661 | -€13,874 | -11.4% |
| Total equity and liabilities | 10/49 | €193,093,399 | €223,501,402 | +€30.4m | +15.7% |
| Equity | 10/15 | €169,637,718 | €201,813,864 | +€32.2m | +19.0% |
| Contributions | 10/11 | €5,760,484 | €5,760,484 | = | 0.0% |
| Capital | 10 | €5,760,484 | €5,760,484 | = | 0.0% |
| Issued capital | 100 | €5,760,484 | €5,760,484 | = | 0.0% |
| Revaluation surpluses | 12 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €52,101,799 | €53,071,595 | +€969,796 | +1.9% |
| Non-distributable reserves | 130/1 | €576,048 | €576,048 | = | 0.0% |
| Legal reserve | 130 | €576,048 | €576,048 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,311,355 | €3,481,252 | +€169,896 | +5.1% |
| Distributable reserves | 133 | €48,214,395 | €49,014,295 | +€799,900 | +1.7% |
| Profit (loss) carried forward | 14 | €111,745,687 | €142,952,038 | +€31.2m | +27.9% |
| Provisions and deferred taxes | 16 | €16,161 | €6,092 | -€10,068 | -62.3% |
| Deferred taxes | 168 | €16,161 | €6,092 | -€10,068 | -62.3% |
| Amounts payable | 17/49 | €23,439,521 | €21,681,446 | -€1.8m | -7.5% |
| Amounts payable after more than one year | 17 | €5,600,613 | €1,114,595 | -€4.5m | -80.1% |
| Financial debts | 170/4 | €4,600,613 | €830,113 | -€3.8m | -82.0% |
| Credit institutions | 173 | €4,600,613 | €830,113 | -€3.8m | -82.0% |
| Other amounts payable | 178/9 | €1,000,000 | €284,482 | -€715,518 | -71.6% |
| Amounts payable within one year | 42/48 | €17,776,325 | €20,506,263 | +€2.7m | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €3,990,338 | €3,770,500 | -€219,838 | -5.5% |
| Trade debts | 44 | €6,905,492 | €6,935,570 | +€30,078 | +0.4% |
| Suppliers | 440/4 | €6,905,492 | €6,935,570 | +€30,078 | +0.4% |
| Taxes, remuneration and social security | 45 | €2,856,467 | €2,515,710 | -€340,757 | -11.9% |
| Taxes | 450/3 | €1,556,480 | €1,054,370 | -€502,111 | -32.3% |
| Remuneration and social security | 454/9 | €1,299,987 | €1,461,340 | +€161,353 | +12.4% |
| Other amounts payable | 47/48 | €4,024,027 | €7,284,482 | +€3.3m | +81.0% |
| Accrued charges and deferred income | 492/3 | €62,583 | €60,588 | -€1,995 | -3.2% |
| Operating income | 70/76A | €99,415,802 | €106,709,301 | +€7.3m | +7.3% |
| Turnover | 70 | €98,965,429 | €106,421,585 | +€7.5m | +7.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€75,069 | -€147,569 | -€72,500 | -96.6% |
| Other operating income | 74 | €525,443 | €435,116 | -€90,327 | -17.2% |
| Non-recurring operating income | 76A | - | €170 | +€170 | |
| Operating charges | 60/66A | €91,340,608 | €99,348,223 | +€8.0m | +8.8% |
| Goods for resale, raw materials and consumables | 60 | €55,331,119 | €59,065,081 | +€3.7m | +6.7% |
| Purchases | 600/8 | €55,397,228 | €58,917,892 | +€3.5m | +6.4% |
| Change in stocks: decrease (increase) | 609 | -€66,110 | €147,189 | +€213,298 | |
| Services and other goods | 61 | €19,656,803 | €21,656,065 | +€2.0m | +10.2% |
| Remuneration, social security and pensions | 62 | €10,732,384 | €11,810,495 | +€1.1m | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,246,088 | €5,803,393 | +€557,306 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €629,951 | +€629,951 | |
| Other operating charges | 640/8 | €367,077 | €383,239 | +€16,162 | +4.4% |
| Non-recurring operating charges | 66A | €7,137 | - | -€7,137 | |
| Operating profit (loss) | 9901 | €8,075,195 | €7,361,078 | -€714,117 | -8.8% |
| Financial income | 75/76B | €27,313,090 | €33,911,383 | +€6.6m | +24.2% |
| Recurring financial income | 75 | €27,313,090 | €33,911,383 | +€6.6m | +24.2% |
| Income from financial fixed assets | 750 | €24,878,744 | €31,765,803 | +€6.9m | +27.7% |
| Income from current assets | 751 | €2,366,925 | €2,052,714 | -€314,211 | -13.3% |
| Other financial income | 752/9 | €67,422 | €92,866 | +€25,444 | +37.7% |
| Financial charges | 65/66B | €2,818,201 | €615,607 | -€2.2m | -78.2% |
| Recurring financial charges | 65 | €2,810,701 | €315,607 | -€2.5m | -88.8% |
| Debt charges | 650 | €133,118 | €66,786 | -€66,332 | -49.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €2,436,425 | - | -€2.4m | |
| Other financial charges | 652/9 | €241,158 | €248,821 | +€7,663 | +3.2% |
| Non-recurring financial charges | 66B | €7,500 | €300,000 | +€292,500 | +3,900% |
| Profit (loss) for the period before taxes | 9903 | €32,570,084 | €40,656,853 | +€8.1m | +24.8% |
| Transfer from deferred taxes | 780 | €10,068 | €10,068 | = | 0.0% |
| Income taxes | 67/77 | €1,990,197 | €2,490,775 | +€500,578 | +25.2% |
| Taxes | 670/3 | €2,085,737 | €2,553,995 | +€468,258 | +22.5% |
| Tax adjustments and reversals of tax provisions | 77 | €95,540 | €63,221 | -€32,319 | -33.8% |
| Profit (loss) for the period | 9904 | €30,589,955 | €38,176,147 | +€7.6m | +24.8% |
| Transfer from tax-exempt reserves | 789 | €30,205 | €830,105 | +€799,900 | +2,648% |
| Transfer to tax-exempt reserves | 689 | €999,875 | €1,000,001 | +€126 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,620,285 | €38,006,251 | +€8.4m | +28.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.