CHRISTOPHER: 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.
CHRISTOPHER
Largest movements
- Receivables within one year +€62,034
up €62,034 (+42.8%), from €145,075 to €207,110
of which Trade receivables: +€140,305
- Other debts +€38,675
up €38,675 (+34.9%), from €110,868 to €149,544
- Trade debts +€30,960
up €30,960 (+43.9%), from €70,588 to €101,547
- Profit (loss) carried forward -€28,948
down €28,948 (-32.2%), from -€89,907 to -€118,855
- Tax, wage and social debts +€26,115
up €26,115 (+21.0%), from €124,360 to €150,475
of which Taxes: +€51,906
- Debts after one year -€14,533
down €14,533 (-3.2%), from €458,417 to €443,884
- Gross operating margin -€99,412
down €99,412 (-30.9%), from €322,096 to €222,684
- Financial income +€27,053
up €27,053 (+4856.8%), from €557 to €27,610
of which Financial income: +€27,053
- Other operating charges -€16,357
down €16,357 (-75.2%), from €21,750 to €5,393
- Financial charges +€9,425
up €9,425 (+112.5%), from €8,375 to €17,800
- Taxes -€5,066
down €5,066 (-49.0%), from €10,339 to €5,273
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €801,989 | €856,113 | +€54,124 | +6.7% |
| Fixed assets | 21/28 | €635,853 | €628,381 | -€7,472 | -1.2% |
| Intangible fixed assets | 21 | €1,134 | €139 | -€995 | -87.7% |
| Tangible fixed assets | 22/27 | €634,618 | €628,141 | -€6,477 | -1.0% |
| Land and buildings | 22 | €614,638 | €583,850 | -€30,788 | -5.0% |
| Plant, machinery and equipment | 23 | €18,812 | €24,510 | +€5,698 | +30.3% |
| Furniture and vehicles | 24 | €21 | €18,767 | +€18,746 | +89522.2% |
| Other tangible fixed assets | 26 | €1,147 | €1,014 | -€133 | -11.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €166,136 | €227,732 | +€61,596 | +37.1% |
| Stocks and contracts in progress | 3 | €19,000 | €19,000 | = | 0.0% |
| Stocks | 30/36 | €19,000 | €19,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €145,075 | €207,110 | +€62,034 | +42.8% |
| Trade receivables | 40 | €21,148 | €161,453 | +€140,305 | +663.4% |
| Other amounts receivable | 41 | €123,927 | €45,657 | -€78,271 | -63.2% |
| Cash at bank and in hand | 54/58 | €2,061 | €1,622 | -€438 | -21.3% |
| Total equity and liabilities | 10/49 | €801,989 | €856,113 | +€54,124 | +6.7% |
| Equity | 10/15 | -€13,947 | -€42,895 | -€28,948 | -207.6% |
| Contributions | 10/11 | €74,100 | €74,100 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,907 | -€118,855 | -€28,948 | -32.2% |
| Amounts payable | 17/49 | €815,936 | €899,008 | +€83,072 | +10.2% |
| Amounts payable after more than one year | 17 | €458,417 | €443,884 | -€14,533 | -3.2% |
| Financial debts | 170/4 | €458,417 | €443,884 | -€14,533 | -3.2% |
| Amounts payable within one year | 42/48 | €357,519 | €454,524 | +€97,005 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €40,245 | €50,482 | +€10,237 | +25.4% |
| Financial debts | 43 | €11,459 | €2,477 | -€8,982 | -78.4% |
| Credit institutions | 430/8 | €11,459 | €2,477 | -€8,982 | -78.4% |
| Trade debts | 44 | €70,588 | €101,547 | +€30,960 | +43.9% |
| Suppliers | 440/4 | €70,588 | €101,547 | +€30,960 | +43.9% |
| Taxes, remuneration and social security | 45 | €124,360 | €150,475 | +€26,115 | +21.0% |
| Taxes | 450/3 | €25,604 | €77,510 | +€51,906 | +202.7% |
| Remuneration and social security | 454/9 | €98,755 | €72,964 | -€25,791 | -26.1% |
| Other amounts payable | 47/48 | €110,868 | €149,544 | +€38,675 | +34.9% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €207,822 | €207,417 | -€406 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,080 | €43,360 | +€1,280 | +3.0% |
| Other operating charges | 640/8 | €21,750 | €5,393 | -€16,357 | -75.2% |
| Gross operating margin | 9900 | €322,096 | €222,684 | -€99,412 | -30.9% |
| Operating profit (loss) | 9901 | €50,445 | -€33,486 | -€83,930 | |
| Financial income | 75/76B | €557 | €27,610 | +€27,053 | +4856.8% |
| Recurring financial income | 75 | €557 | €27,610 | +€27,053 | +4856.8% |
| Non-recurring financial income | 76B | €557 | - | -€557 | |
| Financial charges | 65/66B | €8,375 | €17,800 | +€9,425 | +112.5% |
| Recurring financial charges | 65 | €8,375 | €17,800 | +€9,425 | +112.5% |
| Profit (loss) for the period before taxes | 9903 | €42,626 | -€23,675 | -€66,301 | |
| Income taxes | 67/77 | €10,339 | €5,273 | -€5,066 | -49.0% |
| Profit (loss) for the period | 9904 | €32,287 | -€28,948 | -€61,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,287 | -€28,948 | -€61,235 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.