CHRISTY: 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.
What changed
CHRISTY
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€139,206
2024 · -€335,703+€196,497
Equity
-€300,760
2024 · -€161,554-€139,206
Cash
€576
2024 · €13,690-€13,114
Balance sheet total
€2.0m
2024 · €2.2m-€259,096
Largest movements
Assets
- Tangible fixed assets -€202,690
down €202,690 (-9.5%), from €2.1m to €1.9m
of which Land and buildings: -€124,352
- Stocks and contracts -€25,000
no longer reported in 2025 (was €25,000)
Equity and liabilities
- Trade debts -€180,858
down €180,858 (-55.7%), from €324,964 to €144,106
- Profit (loss) carried forward -€139,206
down €139,206 (-26.6%), from -€524,235 to -€663,441
- Tax, wage and social debts +€111,606
up €111,606 (+224%), from €49,933 to €161,540
of which Taxes: +€122,909
- Debts after one year -€49,268
down €49,268 (-2.9%), from €1.7m to €1.7m
of which Financial debts: -€129,268
- Advances received +€22,882
new in 2025: €22,882
Income statement
- Taxes +€104,347
up €104,347 (+4,543%), from €2,297 to €106,644
- Gross operating margin +€102,333
up €102,333 (+57.4%), from €178,272 to €280,605
- Financial charges -€29,579
down €29,579 (-34.3%), from €86,118 to €56,539
- Staff costs -€20,360
down €20,360 (-29.4%), from €69,193 to €48,833
- Depreciation -€15,615
down €15,615 (-7.2%), from €218,304 to €202,690
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.
Result 2024
-€335,703
Gross operating margin
+€102,333
Staff costs
+€20,360
Depreciation
+€15,615
Other operating charges
+€11,947
Other operating items
+€121,017
Financial income
-€5
Financial charges
+€29,579
Taxes
-€104,347
Result 2025
-€139,206
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€44,362
Investment
€0
Financing
-€57,476
Cash 2024
€13,690
From operations (derived)
+€44,362
Net result for the year
-€139,206
Depreciation
+€202,690
Stocks and contracts
+€25,000
Receivables within one year
+€15,032
Deferred charges and accrued income
+€3,260
Trade debts
-€180,858
Tax, wage and social debts
+€111,606
Advances received
+€22,882
Other debts
-€3,244
Accrued charges and deferred income
-€12,800
Financing
-€57,476
Debts after one year
-€49,268
Current portion of long-term debt
-€8,937
Short-term financial debts
+€729
Cash 2025
€576
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,218,734 | €1,959,638 | -€259,096 | -11.7% |
| Fixed assets | 21/28 | €2,137,845 | €1,935,156 | -€202,690 | -9.5% |
| Tangible fixed assets | 22/27 | €2,136,045 | €1,933,356 | -€202,690 | -9.5% |
| Land and buildings | 22 | €1,796,123 | €1,671,772 | -€124,352 | -6.9% |
| Plant, machinery and equipment | 23 | €339,460 | €261,375 | -€78,085 | -23.0% |
| Furniture and vehicles | 24 | €462 | €209 | -€254 | -54.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €80,889 | €24,482 | -€56,406 | -69.7% |
| Stocks and contracts in progress | 3 | €25,000 | - | -€25,000 | |
| Stocks | 30/36 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €38,370 | €23,338 | -€15,032 | -39.2% |
| Trade receivables | 40 | €38,370 | €18,911 | -€19,459 | -50.7% |
| Other amounts receivable | 41 | - | €4,427 | +€4,427 | |
| Cash at bank and in hand | 54/58 | €13,690 | €576 | -€13,114 | -95.8% |
| Deferred charges and accrued income | 490/1 | €3,829 | €569 | -€3,260 | -85.1% |
| Total equity and liabilities | 10/49 | €2,218,734 | €1,959,638 | -€259,096 | -11.7% |
| Equity | 10/15 | -€161,554 | -€300,760 | -€139,206 | -86.2% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €313,102 | €313,102 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €270,645 | €270,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€524,235 | -€663,441 | -€139,206 | -26.6% |
| Amounts payable | 17/49 | €2,380,288 | €2,260,398 | -€119,890 | -5.0% |
| Amounts payable after more than one year | 17 | €1,716,294 | €1,667,026 | -€49,268 | -2.9% |
| Financial debts | 170/4 | €1,656,294 | €1,527,026 | -€129,268 | -7.8% |
| Other amounts payable | 178/9 | €60,000 | €140,000 | +€80,000 | +133% |
| Amounts payable within one year | 42/48 | €641,195 | €583,372 | -€57,822 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €228,733 | €219,796 | -€8,937 | -3.9% |
| Financial debts | 43 | €25,067 | €25,796 | +€729 | +2.9% |
| Credit institutions | 430/8 | €25,067 | €25,796 | +€729 | +2.9% |
| Trade debts | 44 | €324,964 | €144,106 | -€180,858 | -55.7% |
| Suppliers | 440/4 | €324,964 | €144,106 | -€180,858 | -55.7% |
| Advances received on contracts in progress | 46 | - | €22,882 | +€22,882 | |
| Taxes, remuneration and social security | 45 | €49,933 | €161,540 | +€111,606 | +224% |
| Taxes | 450/3 | €38,631 | €161,540 | +€122,909 | +318% |
| Remuneration and social security | 454/9 | €11,302 | - | -€11,302 | |
| Other amounts payable | 47/48 | €12,497 | €9,253 | -€3,244 | -26.0% |
| Accrued charges and deferred income | 492/3 | €22,800 | €10,000 | -€12,800 | -56.1% |
| Remuneration, social security and pensions | 62 | €69,193 | €48,833 | -€20,360 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,304 | €202,690 | -€15,615 | -7.2% |
| Other operating charges | 640/8 | €17,079 | €5,133 | -€11,947 | -69.9% |
| Non-recurring operating charges | 66A | €121,017 | - | -€121,017 | |
| Gross operating margin | 9900 | €178,272 | €280,605 | +€102,333 | +57.4% |
| Operating profit (loss) | 9901 | -€247,321 | €23,950 | +€271,271 | |
| Financial income | 75/76B | €33 | €28 | -€5 | -16.2% |
| Recurring financial income | 75 | €33 | €28 | -€5 | -16.2% |
| Financial charges | 65/66B | €86,118 | €56,539 | -€29,579 | -34.3% |
| Recurring financial charges | 65 | €86,118 | €56,539 | -€29,579 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | -€333,406 | -€32,562 | +€300,844 | +90.2% |
| Income taxes | 67/77 | €2,297 | €106,644 | +€104,347 | +4,543% |
| Profit (loss) for the period | 9904 | -€335,703 | -€139,206 | +€196,497 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€335,703 | -€139,206 | +€196,497 | +58.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.