CHRISTO: 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.
CHRISTO
Largest movements
- Tangible fixed assets -€6,277
down €6,277 (-30.6%), from €20,523 to €14,246
of which Furniture and vehicles: -€6,056
- Receivables within one year -€3,739
down €3,739 (-16.0%), from €23,366 to €19,628
- Cash -€1,583
down €1,583 (-23.2%), from €6,830 to €5,247
mainly Net result for the year (-€13,634) and Debts after one year (-€1,111)
- Profit (loss) carried forward -€8,866
down €8,866, from €644 to -€8,222
- Reserves -€4,768
down €4,768 (-23.0%), from €20,693 to €15,925
- Other debts +€2,039
up €2,039 (+11.9%), from €17,067 to €19,105
- Debts after one year -€1,111
down €1,111 (-43.5%), from €2,554 to €1,443
- Tax, wage and social debts +€1,057
up €1,057 (+17.0%), from €6,214 to €7,271
- Gross operating margin -€15,356
down €15,356, from €10,816 to -€4,540
- Taxes -€1,091
down €1,091 (-80.3%), from €1,360 to €268
- Depreciation -€534
down €534 (-7.1%), from €7,543 to €7,008
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,446 | €42,963 | -€11,483 | -21.1% |
| Fixed assets | 21/28 | €20,523 | €14,246 | -€6,277 | -30.6% |
| Tangible fixed assets | 22/27 | €20,523 | €14,246 | -€6,277 | -30.6% |
| Plant, machinery and equipment | 23 | €521 | €371 | -€150 | -28.8% |
| Furniture and vehicles | 24 | €19,692 | €13,635 | -€6,056 | -30.8% |
| Other tangible fixed assets | 26 | €310 | €239 | -€71 | -22.9% |
| Current assets | 29/58 | €33,923 | €28,718 | -€5,206 | -15.3% |
| Stocks and contracts in progress | 3 | €1,300 | €1,300 | = | 0.0% |
| Stocks | 30/36 | €1,300 | €1,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,366 | €19,628 | -€3,739 | -16.0% |
| Trade receivables | 40 | €23,366 | €19,628 | -€3,739 | -16.0% |
| Cash at bank and in hand | 54/58 | €6,830 | €5,247 | -€1,583 | -23.2% |
| Deferred charges and accrued income | 490/1 | €2,427 | €2,543 | +€116 | +4.8% |
| Total equity and liabilities | 10/49 | €54,446 | €42,963 | -€11,483 | -21.1% |
| Equity | 10/15 | €27,537 | €13,903 | -€13,634 | -49.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,693 | €15,925 | -€4,768 | -23.0% |
| Distributable reserves | 133 | €20,693 | €15,925 | -€4,768 | -23.0% |
| Profit (loss) carried forward | 14 | €644 | -€8,222 | -€8,866 | |
| Amounts payable | 17/49 | €26,909 | €29,060 | +€2,151 | +8.0% |
| Amounts payable after more than one year | 17 | €2,554 | €1,443 | -€1,111 | -43.5% |
| Financial debts | 170/4 | €2,554 | €1,443 | -€1,111 | -43.5% |
| Amounts payable within one year | 42/48 | €24,355 | €27,617 | +€3,262 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €1,074 | €1,111 | +€37 | +3.5% |
| Trade debts | 44 | - | €130 | +€130 | |
| Suppliers | 440/4 | - | €130 | +€130 | |
| Taxes, remuneration and social security | 45 | €6,214 | €7,271 | +€1,057 | +17.0% |
| Taxes | 450/3 | €6,214 | €7,271 | +€1,057 | +17.0% |
| Other amounts payable | 47/48 | €17,067 | €19,105 | +€2,039 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,543 | €7,008 | -€534 | -7.1% |
| Other operating charges | 640/8 | €1,628 | €1,633 | +€4 | +0.3% |
| Gross operating margin | 9900 | €10,816 | -€4,540 | -€15,356 | |
| Operating profit (loss) | 9901 | €1,645 | -€13,181 | -€14,826 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €216 | €185 | -€31 | -14.2% |
| Recurring financial charges | 65 | €216 | €185 | -€31 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €1,429 | -€13,366 | -€14,794 | |
| Income taxes | 67/77 | €1,360 | €268 | -€1,091 | -80.3% |
| Profit (loss) for the period | 9904 | €69 | -€13,634 | -€13,703 | |
| Profit (loss) for the period to be appropriated | 9905 | €69 | -€13,634 | -€13,703 |
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 4 October 2026 via checked.be.