Christophe Pype: 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 Pype
Largest movements
- Cash +€22,333
up €22,333 (+1,659%), from €1,346 to €23,679
mainly Net result for the year (+€49,237) and Receivables within one year (+€9,302)
- Receivables within one year -€9,302
down €9,302 (-12.3%), from €75,749 to €66,447
of which Other amounts receivable: -€16,307
- Tax, wage and social debts +€7,412
up €7,412 (+25.6%), from €28,940 to €36,352
- Reserves +€4,160
up €4,160 (+9.2%), from €45,077 to €49,237
- Gross operating margin +€70,223
up €70,223, from -€7,207 to €63,016
- Taxes +€12,760
up €12,760 (+6,641%), from €192 to €12,952
- Financial income +€2,647
new in 2025: €2,647
- Other operating charges +€1,792
new in 2025: €1,792
- Financial charges +€789
up €789 (+444%), from €178 to €966
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 | €79,617 | €91,931 | +€12,314 | +15.5% |
| Fixed assets | 21/28 | €2,522 | €1,806 | -€716 | -28.4% |
| Tangible fixed assets | 22/27 | €2,522 | €1,806 | -€716 | -28.4% |
| Furniture and vehicles | 24 | €2,522 | €1,806 | -€716 | -28.4% |
| Current assets | 29/58 | €77,096 | €90,126 | +€13,030 | +16.9% |
| Amounts receivable within one year | 40/41 | €75,749 | €66,447 | -€9,302 | -12.3% |
| Trade receivables | 40 | €18,750 | €25,755 | +€7,005 | +37.4% |
| Other amounts receivable | 41 | €56,999 | €40,692 | -€16,307 | -28.6% |
| Cash at bank and in hand | 54/58 | €1,346 | €23,679 | +€22,333 | +1,659% |
| Total equity and liabilities | 10/49 | €79,617 | €91,931 | +€12,314 | +15.5% |
| Equity | 10/15 | €50,077 | €54,237 | +€4,160 | +8.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,077 | €49,237 | +€4,160 | +9.2% |
| Distributable reserves | 133 | €45,077 | €49,237 | +€4,160 | +9.2% |
| Amounts payable | 17/49 | €29,541 | €37,695 | +€8,154 | +27.6% |
| Amounts payable within one year | 42/48 | €29,541 | €37,695 | +€8,154 | +27.6% |
| Trade debts | 44 | €601 | €1,343 | +€742 | +124% |
| Suppliers | 440/4 | €601 | €1,343 | +€742 | +124% |
| Taxes, remuneration and social security | 45 | €28,940 | €36,352 | +€7,412 | +25.6% |
| Taxes | 450/3 | €28,940 | €36,352 | +€7,412 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €716 | €716 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,792 | +€1,792 | |
| Gross operating margin | 9900 | -€7,207 | €63,016 | +€70,223 | |
| Operating profit (loss) | 9901 | -€7,923 | €60,508 | +€68,431 | |
| Financial income | 75/76B | - | €2,647 | +€2,647 | |
| Recurring financial income | 75 | - | €2,647 | +€2,647 | |
| Financial charges | 65/66B | €178 | €966 | +€789 | +444% |
| Recurring financial charges | 65 | €178 | €966 | +€789 | +444% |
| Profit (loss) for the period before taxes | 9903 | -€8,101 | €62,189 | +€70,289 | |
| Income taxes | 67/77 | €192 | €12,952 | +€12,760 | +6,641% |
| Profit (loss) for the period | 9904 | -€8,293 | €49,237 | +€57,530 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,293 | €49,237 | +€57,530 |
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 15 October 2026 via checked.be.