CHRISTEYNS ENGINEERING: 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.
What changed
CHRISTEYNS ENGINEERING
NACE 46.851, Wholesale of industrial chemicals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€547,840
2024 · €2.3m-€1.8m
Equity
€4.3m
2024 · €3.8m+€547,840
Cash
€4,563
2024 · €354,180-€349,616
Balance sheet total
€8.1m
2024 · €6.1m+€2.0m
Largest movements
Assets
- Receivables within one year +€2.2m
up €2.2m (+111.5%), from €1.9m to €4.1m
of which Other amounts receivable: +€2.3m
- Cash -€349,616
down €349,616 (-98.7%), from €354,180 to €4,563
mainly Receivables within one year (-€2.2m) and Stocks and contracts (-€217,043)
- Stocks and contracts +€217,043
up €217,043 (+9.1%), from €2.4m to €2.6m
Equity and liabilities
- Other debts +€1.3m
up €1.3m (+124.8%), from €1.0m to €2.3m
- Profit (loss) carried forward +€547,840
up €547,840 (+19.5%), from €2.8m to €3.4m
- Trade debts +€185,705
up €185,705 (+14.3%), from €1.3m to €1.5m
Income statement
- Financial income -€1.4m
down €1.4m (-94.3%), from €1.5m to €87,319
- Services and other goods +€305,057
up €305,057 (+23.1%), from €1.3m to €1.6m
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.
Result 2024
€2.3m
Turnover
-€50,002
Goods and materials
-€25,215
Services and other goods
-€305,057
Depreciation
-€47,644
Other operating charges
-€160
Financial income
-€1.4m
Financial charges
-€36,384
Taxes
+€133,959
Result 2025
€547,840
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.
From operations
-€228,948
Investment
-€120,668
Financing
€0
Cash 2024
€354,180
From operations (derived)
-€228,948
Net result for the year
+€547,840
Depreciation
+€154,624
Stocks and contracts
-€217,043
Receivables within one year
-€2.2m
Deferred charges and accrued income
+€19,150
Trade debts
+€185,705
Other debts
+€1.3m
Investment (derived)
-€120,668
Investment in fixed assets (net)
-€120,668
Cash 2025
€4,563
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,065,059 | €8,050,575 | +€2.0m | +32.7% |
| Fixed assets | 21/28 | €1,289,218 | €1,255,262 | -€33,956 | -2.6% |
| Intangible fixed assets | 21 | €84,102 | €83,501 | -€601 | -0.7% |
| Tangible fixed assets | 22/27 | €223,436 | €190,081 | -€33,355 | -14.9% |
| Plant, machinery and equipment | 23 | €217,106 | €186,353 | -€30,753 | -14.2% |
| Furniture and vehicles | 24 | €6,330 | €3,728 | -€2,602 | -41.1% |
| Financial fixed assets | 28 | €981,681 | €981,681 | = | 0.0% |
| Affiliated companies | 280/1 | €981,681 | €981,681 | = | 0.0% |
| Participating interests | 280 | €981,681 | €981,681 | = | 0.0% |
| Current assets | 29/58 | €4,775,841 | €6,795,312 | +€2.0m | +42.3% |
| Stocks and contracts in progress | 3 | €2,395,556 | €2,612,599 | +€217,043 | +9.1% |
| Stocks | 30/36 | €2,395,556 | €2,612,599 | +€217,043 | +9.1% |
| Goods purchased for resale | 34 | €2,395,556 | €2,612,599 | +€217,043 | +9.1% |
| Amounts receivable within one year | 40/41 | €1,947,870 | €4,119,065 | +€2.2m | +111.5% |
| Trade receivables | 40 | €1,848,707 | €1,757,081 | -€91,626 | -5.0% |
| Other amounts receivable | 41 | €99,163 | €2,361,984 | +€2.3m | +2281.9% |
| Cash at bank and in hand | 54/58 | €354,180 | €4,563 | -€349,616 | -98.7% |
| Deferred charges and accrued income | 490/1 | €78,235 | €59,084 | -€19,150 | -24.5% |
| Total equity and liabilities | 10/49 | €6,065,059 | €8,050,575 | +€2.0m | +32.7% |
| Equity | 10/15 | €3,762,227 | €4,310,067 | +€547,840 | +14.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €891,200 | €891,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €421,000 | €421,000 | = | 0.0% |
| Distributable reserves | 133 | €464,000 | €464,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,809,027 | €3,356,867 | +€547,840 | +19.5% |
| Amounts payable | 17/49 | €2,302,832 | €3,740,508 | +€1.4m | +62.4% |
| Amounts payable within one year | 42/48 | €2,302,832 | €3,740,508 | +€1.4m | +62.4% |
| Trade debts | 44 | €1,299,359 | €1,485,064 | +€185,705 | +14.3% |
| Suppliers | 440/4 | €1,299,359 | €1,485,064 | +€185,705 | +14.3% |
| Other amounts payable | 47/48 | €1,003,473 | €2,255,444 | +€1.3m | +124.8% |
| Operating income | 70/76A | €15,140,598 | €15,090,596 | -€50,002 | -0.3% |
| Turnover | 70 | €15,140,598 | €15,090,596 | -€50,002 | -0.3% |
| Operating charges | 60/66A | €14,021,055 | €14,399,130 | +€378,075 | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €12,593,433 | €12,618,648 | +€25,215 | +0.2% |
| Purchases | 600/8 | €12,617,881 | €12,835,691 | +€217,811 | +1.7% |
| Change in stocks: decrease (increase) | 609 | -€24,447 | -€217,043 | -€192,596 | -787.8% |
| Services and other goods | 61 | €1,319,534 | €1,624,590 | +€305,057 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,980 | €154,624 | +€47,644 | +44.5% |
| Other operating charges | 640/8 | €1,108 | €1,268 | +€160 | +14.4% |
| Operating profit (loss) | 9901 | €1,119,543 | €691,465 | -€428,077 | -38.2% |
| Financial income | 75/76B | €1,533,835 | €87,319 | -€1.4m | -94.3% |
| Recurring financial income | 75 | €1,533,835 | €87,319 | -€1.4m | -94.3% |
| Income from financial fixed assets | 750 | €1,500,000 | - | -€1.5m | |
| Income from current assets | 751 | €17,362 | €75,931 | +€58,568 | +337.3% |
| Other financial income | 752/9 | €16,473 | €11,388 | -€5,084 | -30.9% |
| Financial charges | 65/66B | €11,981 | €48,365 | +€36,384 | +303.7% |
| Recurring financial charges | 65 | €11,981 | €48,365 | +€36,384 | +303.7% |
| Debt charges | 650 | €8,284 | €47,752 | +€39,469 | +476.5% |
| Other financial charges | 652/9 | €3,698 | €613 | -€3,085 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | €2,641,397 | €730,420 | -€1.9m | -72.3% |
| Income taxes | 67/77 | €316,539 | €182,580 | -€133,959 | -42.3% |
| Taxes | 670/3 | €331,493 | €182,580 | -€148,913 | -44.9% |
| Tax adjustments and reversals of tax provisions | 77 | €14,954 | - | -€14,954 | |
| Profit (loss) for the period | 9904 | €2,324,858 | €547,840 | -€1.8m | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,324,858 | €547,840 | -€1.8m | -76.4% |
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 3 October 2026 via checked.be.