CHRISTIAENS Patrick: 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.
CHRISTIAENS Patrick
Largest movements
- Receivables within one year +€51,176
up €51,176 (+5.6%), from €911,778 to €962,954
of which Other amounts receivable: +€51,141
- Stocks and contracts -€30,574
down €30,574 (-82.7%), from €36,952 to €6,378
- Profit (loss) carried forward +€25,325
up €25,325 (+9.0%), from €282,275 to €307,600
- Gross operating margin -€17,984
down €17,984, from €5,716 to -€12,268
- Taxes -€6,330
down €6,330 (-39.8%), from €15,905 to €9,575
- Financial income -€2,166
down €2,166 (-4.2%), from €51,922 to €49,756
- Financial charges +€161
up €161 (+36.4%), from €441 to €602
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 | €950,244 | €969,546 | +€19,302 | +2.0% |
| Fixed assets | 21/28 | €1,494 | €59 | -€1,434 | -96.0% |
| Tangible fixed assets | 22/27 | €1,434 | - | -€1,434 | |
| Furniture and vehicles | 24 | €1,434 | - | -€1,434 | |
| Financial fixed assets | 28 | €59 | €59 | = | 0.0% |
| Current assets | 29/58 | €948,750 | €969,486 | +€20,736 | +2.2% |
| Stocks and contracts in progress | 3 | €36,952 | €6,378 | -€30,574 | -82.7% |
| Stocks | 30/36 | €36,952 | €6,378 | -€30,574 | -82.7% |
| Amounts receivable within one year | 40/41 | €911,778 | €962,954 | +€51,176 | +5.6% |
| Trade receivables | 40 | €21,970 | €22,005 | +€35 | +0.2% |
| Other amounts receivable | 41 | €889,807 | €940,949 | +€51,141 | +5.7% |
| Cash at bank and in hand | 54/58 | €21 | - | -€21 | |
| Deferred charges and accrued income | 490/1 | - | €155 | +€155 | |
| Total equity and liabilities | 10/49 | €950,244 | €969,546 | +€19,302 | +2.0% |
| Equity | 10/15 | €916,538 | €941,863 | +€25,325 | +2.8% |
| Contributions | 10/11 | €14,263 | €14,263 | = | 0.0% |
| Reserves | 13 | €620,000 | €620,000 | = | 0.0% |
| Distributable reserves | 133 | €620,000 | €620,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €282,275 | €307,600 | +€25,325 | +9.0% |
| Amounts payable | 17/49 | €33,706 | €27,683 | -€6,023 | -17.9% |
| Amounts payable within one year | 42/48 | €33,706 | €27,683 | -€6,023 | -17.9% |
| Financial debts | 43 | €3,757 | €1,642 | -€2,115 | -56.3% |
| Credit institutions | 430/8 | €3,757 | €1,642 | -€2,115 | -56.3% |
| Trade debts | 44 | €1,943 | €567 | -€1,377 | -70.8% |
| Suppliers | 440/4 | €1,943 | €567 | -€1,377 | -70.8% |
| Taxes, remuneration and social security | 45 | €28,006 | €25,474 | -€2,532 | -9.0% |
| Taxes | 450/3 | €28,006 | €25,474 | -€2,532 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,535 | €1,434 | -€101 | -6.6% |
| Other operating charges | 640/8 | €453 | €551 | +€98 | +21.6% |
| Gross operating margin | 9900 | €5,716 | -€12,268 | -€17,984 | |
| Operating profit (loss) | 9901 | €3,727 | -€14,254 | -€17,981 | |
| Financial income | 75/76B | €51,922 | €49,756 | -€2,166 | -4.2% |
| Recurring financial income | 75 | €51,922 | €49,756 | -€2,166 | -4.2% |
| Financial charges | 65/66B | €441 | €602 | +€161 | +36.4% |
| Recurring financial charges | 65 | €441 | €602 | +€161 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €55,208 | €34,900 | -€20,308 | -36.8% |
| Income taxes | 67/77 | €15,905 | €9,575 | -€6,330 | -39.8% |
| Profit (loss) for the period | 9904 | €39,303 | €25,325 | -€13,978 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,303 | €25,325 | -€13,978 | -35.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.