Christophe Bourdeaux Création: 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.
Christophe Bourdeaux Création
Largest movements
- Tangible fixed assets -€37,237
down €37,237 (-6.6%), from €568,455 to €531,218
of which Land and buildings: -€34,040
- Cash -€27,515
down €27,515 (-78.6%), from €34,998 to €7,483
mainly Net result for the year (-€46,557) and Debts after one year (-€31,708)
- Receivables within one year -€16,357
down €16,357 (-78.9%), from €20,739 to €4,382
of which Trade receivables: -€13,612
- Profit (loss) carried forward -€46,557
down €46,557 (-47.2%), from €98,736 to €52,179
- Other debts +€33,055
up €33,055 (+58.6%), from €56,375 to €89,430
- Debts after one year -€31,708
down €31,708 (-10.8%), from €293,320 to €261,612
- Tax, wage and social debts -€23,765
down €23,765 (-47.3%), from €50,233 to €26,468
of which Remuneration and social security: -€19,866
- Trade debts -€9,816
down €9,816 (-73.0%), from €13,449 to €3,633
of which Suppliers: -€6,946
- Gross operating margin -€55,705
down €55,705 (-82.9%), from €67,178 to €11,472
- Taxes -€2,709
down €2,709 (-95.3%), from €2,844 to €135
- Depreciation -€1,468
down €1,468 (-3.8%), from €38,705 to €37,237
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 | €626,845 | €543,233 | -€83,612 | -13.3% |
| Fixed assets | 21/28 | €568,605 | €531,368 | -€37,237 | -6.5% |
| Tangible fixed assets | 22/27 | €568,455 | €531,218 | -€37,237 | -6.6% |
| Land and buildings | 22 | €562,336 | €528,296 | -€34,040 | -6.1% |
| Furniture and vehicles | 24 | €6,119 | €2,922 | -€3,197 | -52.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €58,240 | €11,865 | -€46,375 | -79.6% |
| Amounts receivable within one year | 40/41 | €20,739 | €4,382 | -€16,357 | -78.9% |
| Trade receivables | 40 | €16,758 | €3,146 | -€13,612 | -81.2% |
| Other amounts receivable | 41 | €3,981 | €1,236 | -€2,746 | -69.0% |
| Cash at bank and in hand | 54/58 | €34,998 | €7,483 | -€27,515 | -78.6% |
| Deferred charges and accrued income | 490/1 | €2,503 | - | -€2,503 | |
| Total equity and liabilities | 10/49 | €626,845 | €543,233 | -€83,612 | -13.3% |
| Equity | 10/15 | €182,777 | €130,220 | -€52,557 | -28.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €71,641 | €65,641 | -€6,000 | -8.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,781 | €63,781 | -€6,000 | -8.6% |
| Profit (loss) carried forward | 14 | €98,736 | €52,179 | -€46,557 | -47.2% |
| Amounts payable | 17/49 | €444,068 | €413,013 | -€31,055 | -7.0% |
| Amounts payable after more than one year | 17 | €293,320 | €261,612 | -€31,708 | -10.8% |
| Financial debts | 170/4 | €293,320 | €261,612 | -€31,708 | -10.8% |
| Amounts payable within one year | 42/48 | €150,513 | €151,239 | +€726 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €30,456 | €31,708 | +€1,252 | +4.1% |
| Trade debts | 44 | €13,449 | €3,633 | -€9,816 | -73.0% |
| Suppliers | 440/4 | €10,580 | €3,633 | -€6,946 | -65.7% |
| Bills of exchange payable | 441 | €2,870 | - | -€2,870 | |
| Taxes, remuneration and social security | 45 | €50,233 | €26,468 | -€23,765 | -47.3% |
| Taxes | 450/3 | €5,544 | €1,646 | -€3,899 | -70.3% |
| Remuneration and social security | 454/9 | €44,688 | €24,822 | -€19,866 | -44.5% |
| Other amounts payable | 47/48 | €56,375 | €89,430 | +€33,055 | +58.6% |
| Accrued charges and deferred income | 492/3 | €235 | €162 | -€73 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,705 | €37,237 | -€1,468 | -3.8% |
| Other operating charges | 640/8 | €3,101 | €2,701 | -€399 | -12.9% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €67,178 | €11,472 | -€55,705 | -82.9% |
| Operating profit (loss) | 9901 | €25,373 | -€28,466 | -€53,838 | |
| Financial charges | 65/66B | €18,485 | €17,957 | -€528 | -2.9% |
| Recurring financial charges | 65 | €18,485 | €17,957 | -€528 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €6,887 | -€46,423 | -€53,310 | |
| Income taxes | 67/77 | €2,844 | €135 | -€2,709 | -95.3% |
| Profit (loss) for the period | 9904 | €4,043 | -€46,557 | -€50,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,043 | -€46,557 | -€50,601 |
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 14 October 2026 via checked.be.