CHRISTOPHINE: 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.
CHRISTOPHINE
Largest movements
- Cash -€37,123
down €37,123 (-53.6%), from €69,258 to €32,135
mainly Net result for the year (-€33,267) and Tax, wage and social debts (-€19,539)
- Tangible fixed assets -€7,060
down €7,060 (-24.7%), from €28,569 to €21,509
of which Plant, machinery and equipment: -€5,950
- Receivables within one year +€4,662
up €4,662 (+7.1%), from €65,684 to €70,345
of which Trade receivables: +€6,909
- Profit (loss) carried forward -€33,267
down €33,267 (-84.6%), from €39,321 to €6,054
- Other debts +€26,212
up €26,212 (+428%), from €6,118 to €32,330
- Tax, wage and social debts -€19,539
down €19,539 (-79.4%), from €24,595 to €5,056
- Trade debts -€13,256
down €13,256 (-32.8%), from €40,389 to €27,133
- Turnover -€175,020
down €175,020 (-57.2%), from €306,227 to €131,207
- Purchases and services -€125,496
down €125,496 (-45.3%), from €276,931 to €151,435
- Gross operating margin -€47,833
down €47,833, from €36,923 to -€10,910
- Depreciation -€16,376
down €16,376 (-69.9%), from €23,436 to €7,060
- Taxes -€7,498
down €7,498 (-81.4%), from €9,214 to €1,716
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 | €163,510 | €123,989 | -€39,521 | -24.2% |
| Fixed assets | 21/28 | €28,569 | €21,509 | -€7,060 | -24.7% |
| Tangible fixed assets | 22/27 | €28,569 | €21,509 | -€7,060 | -24.7% |
| Plant, machinery and equipment | 23 | €27,365 | €21,416 | -€5,950 | -21.7% |
| Furniture and vehicles | 24 | €1,203 | €93 | -€1,110 | -92.3% |
| Current assets | 29/58 | €134,941 | €102,480 | -€32,461 | -24.1% |
| Amounts receivable within one year | 40/41 | €65,684 | €70,345 | +€4,662 | +7.1% |
| Trade receivables | 40 | €45,343 | €52,253 | +€6,909 | +15.2% |
| Other amounts receivable | 41 | €20,340 | €18,093 | -€2,247 | -11.0% |
| Cash at bank and in hand | 54/58 | €69,258 | €32,135 | -€37,123 | -53.6% |
| Total equity and liabilities | 10/49 | €163,510 | €123,989 | -€39,521 | -24.2% |
| Equity | 10/15 | €90,921 | €57,654 | -€33,267 | -36.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,000 | €33,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,000 | €33,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,321 | €6,054 | -€33,267 | -84.6% |
| Amounts payable | 17/49 | €72,589 | €66,335 | -€6,254 | -8.6% |
| Amounts payable within one year | 42/48 | €72,589 | €66,335 | -€6,254 | -8.6% |
| Financial debts | 43 | €1,488 | €1,816 | +€328 | +22.1% |
| Credit institutions | 430/8 | €1,488 | €1,816 | +€328 | +22.1% |
| Trade debts | 44 | €40,389 | €27,133 | -€13,256 | -32.8% |
| Suppliers | 440/4 | €40,389 | €27,133 | -€13,256 | -32.8% |
| Taxes, remuneration and social security | 45 | €24,595 | €5,056 | -€19,539 | -79.4% |
| Taxes | 450/3 | €24,595 | €5,056 | -€19,539 | -79.4% |
| Other amounts payable | 47/48 | €6,118 | €32,330 | +€26,212 | +428% |
| Turnover | 70 | €306,227 | €131,207 | -€175,020 | -57.2% |
| Non-recurring operating income | 76A | - | €2,128 | +€2,128 | |
| Goods, raw materials, services and sundry goods | 60/61 | €276,931 | €151,435 | -€125,496 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,436 | €7,060 | -€16,376 | -69.9% |
| Other operating charges | 640/8 | €4,381 | €3,250 | -€1,131 | -25.8% |
| Non-recurring operating charges | 66A | €10,170 | €10,170 | = | 0.0% |
| Gross operating margin | 9900 | €36,923 | -€10,910 | -€47,833 | |
| Operating profit (loss) | 9901 | -€1,063 | -€31,390 | -€30,327 | -2,852% |
| Financial income | 75/76B | €42 | €0 | -€41 | -99.8% |
| Recurring financial income | 75 | €42 | €0 | -€41 | -99.8% |
| Financial charges | 65/66B | €81 | €161 | +€80 | +98.8% |
| Recurring financial charges | 65 | €81 | €161 | +€80 | +98.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,103 | -€31,551 | -€30,448 | -2,761% |
| Income taxes | 67/77 | €9,214 | €1,716 | -€7,498 | -81.4% |
| Profit (loss) for the period | 9904 | -€10,317 | -€33,267 | -€22,950 | -222% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,317 | -€33,267 | -€22,950 | -222% |
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 28 October 2026 via checked.be.