CHRISTIEN CHRIS: 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.
CHRISTIEN CHRIS
Largest movements
- Cash +€47,137
up €47,137 (+135%), from €34,993 to €82,131
mainly Receivables within one year (+€36,808) and Net result for the year (+€18,414)
- Receivables within one year -€36,808
down €36,808 (-85.9%), from €42,857 to €6,049
of which Trade receivables: -€33,611
- Stocks and contracts -€8,873
down €8,873 (-12.4%), from €71,569 to €62,695
- Tangible fixed assets -€2,142
down €2,142 (-4.4%), from €48,531 to €46,388
of which Leasing and similar rights: -€6,819
- Reserves +€18,414
up €18,414 (+21.6%), from €85,405 to €103,819
of which Distributable reserves: +€18,414
- Debts after one year -€8,656
down €8,656 (-47.0%), from €18,425 to €9,770
- Trade debts -€5,834
down €5,834 (-17.7%), from €32,894 to €27,060
- Other debts -€2,668
down €2,668 (-57.6%), from €4,636 to €1,968
- Staff costs -€41,863
down €41,863 (-59.2%), from €70,743 to €28,879
- Other operating charges +€16,429
up €16,429 (+1,183%), from €1,388 to €17,817
- Taxes +€8,243
up €8,243 (+979%), from €842 to €9,085
- Depreciation +€2,303
up €2,303 (+17.6%), from €13,078 to €15,381
- Financial charges +€1,901
up €1,901 (+37.5%), from €5,071 to €6,972
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 | €201,701 | €202,038 | +€337 | +0.2% |
| Fixed assets | 21/28 | €48,531 | €46,388 | -€2,142 | -4.4% |
| Tangible fixed assets | 22/27 | €48,531 | €46,388 | -€2,142 | -4.4% |
| Land and buildings | 22 | €0 | €5,595 | +€5,595 | |
| Plant, machinery and equipment | 23 | €10,869 | €13,381 | +€2,512 | +23.1% |
| Furniture and vehicles | 24 | €9,547 | €6,116 | -€3,431 | -35.9% |
| Leasing and similar rights | 25 | €28,115 | €21,296 | -€6,819 | -24.3% |
| Current assets | 29/58 | €153,170 | €155,650 | +€2,480 | +1.6% |
| Stocks and contracts in progress | 3 | €71,569 | €62,695 | -€8,873 | -12.4% |
| Stocks | 30/36 | €71,569 | €62,695 | -€8,873 | -12.4% |
| Amounts receivable within one year | 40/41 | €42,857 | €6,049 | -€36,808 | -85.9% |
| Trade receivables | 40 | €35,544 | €1,933 | -€33,611 | -94.6% |
| Other amounts receivable | 41 | €7,313 | €4,116 | -€3,197 | -43.7% |
| Cash at bank and in hand | 54/58 | €34,993 | €82,131 | +€47,137 | +135% |
| Deferred charges and accrued income | 490/1 | €3,751 | €4,775 | +€1,024 | +27.3% |
| Total equity and liabilities | 10/49 | €201,701 | €202,038 | +€337 | +0.2% |
| Equity | 10/15 | €97,805 | €116,219 | +€18,414 | +18.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,405 | €103,819 | +€18,414 | +21.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €85,405 | €103,819 | +€18,414 | +21.6% |
| Amounts payable | 17/49 | €103,895 | €85,819 | -€18,076 | -17.4% |
| Amounts payable after more than one year | 17 | €18,425 | €9,770 | -€8,656 | -47.0% |
| Financial debts | 170/4 | €18,425 | €9,770 | -€8,656 | -47.0% |
| Amounts payable within one year | 42/48 | €85,470 | €76,049 | -€9,421 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €33,322 | €33,656 | +€334 | +1.0% |
| Trade debts | 44 | €32,894 | €27,060 | -€5,834 | -17.7% |
| Suppliers | 440/4 | €32,894 | €27,060 | -€5,834 | -17.7% |
| Taxes, remuneration and social security | 45 | €14,618 | €13,365 | -€1,253 | -8.6% |
| Taxes | 450/3 | €7,582 | €5,267 | -€2,315 | -30.5% |
| Remuneration and social security | 454/9 | €7,036 | €8,098 | +€1,062 | +15.1% |
| Other amounts payable | 47/48 | €4,636 | €1,968 | -€2,668 | -57.6% |
| Non-recurring operating income | 76A | - | €25,197 | +€25,197 | |
| Remuneration, social security and pensions | 62 | €70,743 | €28,879 | -€41,863 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,078 | €15,381 | +€2,303 | +17.6% |
| Other operating charges | 640/8 | €1,388 | €17,817 | +€16,429 | +1,183% |
| Gross operating margin | 9900 | €95,144 | €96,463 | +€1,319 | +1.4% |
| Operating profit (loss) | 9901 | €9,935 | €34,386 | +€24,451 | +246% |
| Financial income | 75/76B | €45 | €86 | +€41 | +91.4% |
| Recurring financial income | 75 | €45 | €86 | +€41 | +91.4% |
| Financial charges | 65/66B | €5,071 | €6,972 | +€1,901 | +37.5% |
| Recurring financial charges | 65 | €5,071 | €6,972 | +€1,901 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €4,908 | €27,499 | +€22,591 | +460% |
| Income taxes | 67/77 | €842 | €9,085 | +€8,243 | +979% |
| Profit (loss) for the period | 9904 | €4,066 | €18,414 | +€14,348 | +353% |
| Profit (loss) for the period to be appropriated | 9905 | €4,066 | €18,414 | +€14,348 | +353% |
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 28 October 2026 via checked.be.