CHRISTOFFELS VEE: what changed
CHRISTOFFELS VEE
Largest movements
- Receivables within one year +€161,904
up €161,904 (+192%), from €84,218 to €246,121
of which Trade receivables: +€89,414
- Stocks and contracts -€87,500
down €87,500 (-100%), from €87,500 to €0
- Cash -€19,730
down €19,730 (-95.3%), from €20,698 to €968
mainly Receivables within one year (-€161,904) and Other debts (-€10,159)
- Tangible fixed assets -€7,827
down €7,827 (-48.1%), from €16,264 to €8,437
of which Furniture and vehicles: -€5,260
- Trade debts +€50,107
up €50,107 (+348%), from €14,388 to €64,494
- Other debts -€10,159
down €10,159 (-4.7%), from €213,979 to €203,820
- Reserves +€7,973
up €7,973 (+33.6%), from €23,695 to €31,667
- Gross operating margin -€4,288
down €4,288 (-15.9%), from €26,944 to €22,657
- Depreciation -€1,439
down €1,439 (-15.5%), from €9,265 to €7,827
- Financial charges -€1,399
down €1,399 (-12.6%), from €11,137 to €9,738
- Other operating charges -€895
down €895 (-43.9%), from €2,040 to €1,145
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,955 | €438,200 | +€47,244 | +12.1% |
| Fixed assets | 21/28 | €16,264 | €8,437 | -€7,827 | -48.1% |
| Tangible fixed assets | 22/27 | €16,264 | €8,437 | -€7,827 | -48.1% |
| Land and buildings | 22 | €8,662 | €7,525 | -€1,136 | -13.1% |
| Plant, machinery and equipment | 23 | €1,430 | €0 | -€1,430 | -100% |
| Furniture and vehicles | 24 | €6,172 | €912 | -€5,260 | -85.2% |
| Current assets | 29/58 | €374,692 | €429,763 | +€55,071 | +14.7% |
| Amounts receivable after more than one year | 29 | €180,631 | €180,631 | = | 0.0% |
| Other amounts receivable | 291 | €180,631 | €180,631 | = | 0.0% |
| Stocks and contracts in progress | 3 | €87,500 | €0 | -€87,500 | -100% |
| Stocks | 30/36 | €87,500 | €0 | -€87,500 | -100% |
| Amounts receivable within one year | 40/41 | €84,218 | €246,121 | +€161,904 | +192% |
| Trade receivables | 40 | €80,779 | €170,193 | +€89,414 | +111% |
| Other amounts receivable | 41 | €3,438 | €75,928 | +€72,490 | +2,108% |
| Cash at bank and in hand | 54/58 | €20,698 | €968 | -€19,730 | -95.3% |
| Deferred charges and accrued income | 490/1 | €1,645 | €2,042 | +€397 | +24.1% |
| Total equity and liabilities | 10/49 | €390,955 | €438,200 | +€47,244 | +12.1% |
| Equity | 10/15 | €36,095 | €44,067 | +€7,973 | +22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €23,695 | €31,667 | +€7,973 | +33.6% |
| Distributable reserves | 133 | €23,695 | €31,667 | +€7,973 | +33.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €354,861 | €394,133 | +€39,272 | +11.1% |
| Amounts payable within one year | 42/48 | €354,861 | €394,133 | +€39,272 | +11.1% |
| Financial debts | 43 | €123,655 | €124,948 | +€1,293 | +1.0% |
| Credit institutions | 430/8 | €123,655 | €124,948 | +€1,293 | +1.0% |
| Trade debts | 44 | €14,388 | €64,494 | +€50,107 | +348% |
| Suppliers | 440/4 | €14,388 | €64,494 | +€50,107 | +348% |
| Taxes, remuneration and social security | 45 | €2,839 | €870 | -€1,969 | -69.3% |
| Taxes | 450/3 | €1,839 | €870 | -€969 | -52.7% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €213,979 | €203,820 | -€10,159 | -4.7% |
| Non-recurring operating income | 76A | - | €6,500 | +€6,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,265 | €7,827 | -€1,439 | -15.5% |
| Other operating charges | 640/8 | €2,040 | €1,145 | -€895 | -43.9% |
| Gross operating margin | 9900 | €26,944 | €22,657 | -€4,288 | -15.9% |
| Operating profit (loss) | 9901 | €15,639 | €13,685 | -€1,954 | -12.5% |
| Financial income | 75/76B | €5,145 | €4,896 | -€249 | -4.8% |
| Recurring financial income | 75 | €5,145 | €4,896 | -€249 | -4.8% |
| Financial charges | 65/66B | €11,137 | €9,738 | -€1,399 | -12.6% |
| Recurring financial charges | 65 | €11,137 | €9,738 | -€1,399 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €9,647 | €8,843 | -€805 | -8.3% |
| Income taxes | 67/77 | €695 | €870 | +€176 | +25.3% |
| Profit (loss) for the period | 9904 | €8,953 | €7,973 | -€980 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,953 | €7,973 | -€980 | -10.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.