CHRISTOFFEL: 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.
CHRISTOFFEL
Largest movements
- Current investments -€10,097
down €10,097 (-10.6%), from €95,256 to €85,159
- Tangible fixed assets -€5,406
down €5,406 (-33.3%), from €16,219 to €10,813
- Cash -€3,118
down €3,118 (-94.5%), from €3,300 to €182
mainly Net result for the year (-€17,424) and Tax, wage and social debts (-€692)
- Profit (loss) carried forward -€17,424
down €17,424 (-18.3%), from -€95,164 to -€112,588
- Gross operating margin +€4,753
up €4,753 (+29.1%), from -€16,309 to -€11,557
- Other operating charges -€503
down €503 (-38.5%), from €1,306 to €803
- Financial income +€459
up €459 (+179%), from €256 to €715
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 | €118,638 | €100,473 | -€18,164 | -15.3% |
| Fixed assets | 21/28 | €16,219 | €10,813 | -€5,406 | -33.3% |
| Tangible fixed assets | 22/27 | €16,219 | €10,813 | -€5,406 | -33.3% |
| Furniture and vehicles | 24 | €16,219 | €10,813 | -€5,406 | -33.3% |
| Current assets | 29/58 | €102,419 | €89,661 | -€12,758 | -12.5% |
| Amounts receivable within one year | 40/41 | €3,584 | €4,017 | +€433 | +12.1% |
| Other amounts receivable | 41 | €3,584 | €4,017 | +€433 | +12.1% |
| Current investments | 50/53 | €95,256 | €85,159 | -€10,097 | -10.6% |
| Cash at bank and in hand | 54/58 | €3,300 | €182 | -€3,118 | -94.5% |
| Deferred charges and accrued income | 490/1 | €278 | €303 | +€24 | +8.7% |
| Total equity and liabilities | 10/49 | €118,638 | €100,473 | -€18,164 | -15.3% |
| Equity | 10/15 | €16,920 | -€504 | -€17,424 | |
| Contributions | 10/11 | €10,084 | €10,084 | = | 0.0% |
| Reserves | 13 | €102,000 | €102,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,164 | -€112,588 | -€17,424 | -18.3% |
| Provisions and deferred taxes | 16 | €94,038 | €94,038 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €94,038 | €94,038 | = | 0.0% |
| Pensions and similar obligations | 160 | €94,038 | €94,038 | = | 0.0% |
| Amounts payable | 17/49 | €7,679 | €6,939 | -€741 | -9.6% |
| Amounts payable within one year | 42/48 | €7,679 | €6,939 | -€741 | -9.6% |
| Trade debts | 44 | €1,038 | €759 | -€280 | -26.9% |
| Suppliers | 440/4 | €1,038 | €759 | -€280 | -26.9% |
| Taxes, remuneration and social security | 45 | €1,217 | €525 | -€692 | -56.9% |
| Taxes | 450/3 | €1,217 | €525 | -€692 | -56.9% |
| Other amounts payable | 47/48 | €5,424 | €5,655 | +€231 | +4.3% |
| Non-recurring operating income | 76A | €4,200 | €0 | -€4,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,406 | €5,406 | = | 0.0% |
| Other operating charges | 640/8 | €1,306 | €803 | -€503 | -38.5% |
| Gross operating margin | 9900 | -€16,309 | -€11,557 | +€4,753 | +29.1% |
| Operating profit (loss) | 9901 | -€23,021 | -€17,765 | +€5,256 | +22.8% |
| Financial income | 75/76B | €256 | €715 | +€459 | +179% |
| Recurring financial income | 75 | €256 | €715 | +€459 | +179% |
| Financial charges | 65/66B | €171 | €188 | +€17 | +9.9% |
| Recurring financial charges | 65 | €171 | €188 | +€17 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,936 | -€17,238 | +€5,698 | +24.8% |
| Income taxes | 67/77 | €303 | €186 | -€118 | -38.8% |
| Profit (loss) for the period | 9904 | -€23,239 | -€17,424 | +€5,816 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,239 | -€17,424 | +€5,816 | +25.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.