Christoffolini: 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.
Christoffolini
Largest movements
- Tangible fixed assets -€7,649
down €7,649 (-32.9%), from €23,253 to €15,604
- Cash +€4,270
up €4,270 (+616.5%), from €693 to €4,963
mainly Depreciation (+€8,733) and Net result for the year (+€2,328)
- Receivables within one year +€3,186
up €3,186 (+200.7%), from €1,588 to €4,774
of which Trade receivables: +€4,045
- Formation expenses -€1,084
down €1,084 (-82.0%), from €1,322 to €237
- Other debts -€4,187
down €4,187 (-28.0%), from €14,942 to €10,755
- Profit (loss) carried forward +€2,328
up €2,328 (+19.8%), from -€11,770 to -€9,441
- Tax, wage and social debts +€982
up €982 (+338.5%), from €290 to €1,272
- Trade debts -€635
down €635 (-56.3%), from €1,128 to €493
- Gross operating margin +€17,054
up €17,054, from -€5,321 to €11,733
- Depreciation +€7,649
up €7,649 (+705.4%), from €1,084 to €8,733
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 | €27,090 | €25,578 | -€1,512 | -5.6% |
| Formation expenses | 20 | €1,322 | €237 | -€1,084 | -82.0% |
| Fixed assets | 21/28 | €23,253 | €15,604 | -€7,649 | -32.9% |
| Tangible fixed assets | 22/27 | €23,253 | €15,604 | -€7,649 | -32.9% |
| Furniture and vehicles | 24 | €23,253 | €15,604 | -€7,649 | -32.9% |
| Current assets | 29/58 | €2,515 | €9,737 | +€7,221 | +287.1% |
| Amounts receivable within one year | 40/41 | €1,588 | €4,774 | +€3,186 | +200.7% |
| Trade receivables | 40 | €729 | €4,774 | +€4,045 | +554.9% |
| Other amounts receivable | 41 | €859 | - | -€859 | |
| Cash at bank and in hand | 54/58 | €693 | €4,963 | +€4,270 | +616.5% |
| Deferred charges and accrued income | 490/1 | €235 | - | -€235 | |
| Total equity and liabilities | 10/49 | €27,090 | €25,578 | -€1,512 | -5.6% |
| Equity | 10/15 | -€9,270 | -€6,941 | +€2,328 | +25.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,770 | -€9,441 | +€2,328 | +19.8% |
| Amounts payable | 17/49 | €36,360 | €32,520 | -€3,841 | -10.6% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,360 | €12,520 | -€3,841 | -23.5% |
| Trade debts | 44 | €1,128 | €493 | -€635 | -56.3% |
| Suppliers | 440/4 | €1,128 | €493 | -€635 | -56.3% |
| Taxes, remuneration and social security | 45 | €290 | €1,272 | +€982 | +338.5% |
| Taxes | 450/3 | €290 | €1,272 | +€982 | +338.5% |
| Other amounts payable | 47/48 | €14,942 | €10,755 | -€4,187 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084 | €8,733 | +€7,649 | +705.4% |
| Other operating charges | 640/8 | €253 | €237 | -€16 | -6.5% |
| Gross operating margin | 9900 | -€5,321 | €11,733 | +€17,054 | |
| Operating profit (loss) | 9901 | -€6,659 | €2,763 | +€9,422 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €97 | €137 | +€40 | +41.3% |
| Recurring financial charges | 65 | €97 | €137 | +€40 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,756 | €2,626 | +€9,382 | |
| Income taxes | 67/77 | €281 | €298 | +€17 | +6.1% |
| Profit (loss) for the period | 9904 | -€7,036 | €2,328 | +€9,365 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,036 | €2,328 | +€9,365 |
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 5 October 2026 via checked.be.