CHRISTY SHOE: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
CHRISTY SHOE
Largest movements
- Cash -€73,395
down €73,395 (-36.6%), from €200,577 to €127,181
mainly Investment in fixed assets (net) (-€72,376) and Tax, wage and social debts (-€43,239)
- Stocks and contracts +€41,197
up €41,197 (+30.0%), from €137,488 to €178,685
- Tangible fixed assets +€21,942
up €21,942 (+5.4%), from €406,011 to €427,953
of which Other tangible fixed assets: +€52,173
- Receivables within one year -€10,310
down €10,310 (-62.8%), from €16,422 to €6,112
- Tax, wage and social debts -€43,239
down €43,239 (-32.7%), from €132,420 to €89,181
of which Taxes: -€56,899
- Current portion of long-term debt +€15,291
up €15,291 (+50.0%), from €30,612 to €45,902
- Trade debts +€9,396
up €9,396 (+69.0%), from €13,616 to €23,012
- Gross operating margin +€6,315
up €6,315 (+2.7%), from €236,747 to €243,062
- Staff costs +€5,983
up €5,983 (+3.8%), from €155,519 to €161,502
- Taxes -€4,949
down €4,949 (-81.3%), from €6,086 to €1,137
- Depreciation +€4,475
up €4,475 (+11.5%), from €39,076 to €43,550
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €770,014 | €759,359 | -€10,655 | -1.4% |
| Fixed assets | 21/28 | €406,256 | €435,082 | +€28,825 | +7.1% |
| Intangible fixed assets | 21 | - | €6,883 | +€6,883 | |
| Tangible fixed assets | 22/27 | €406,011 | €427,953 | +€21,942 | +5.4% |
| Land and buildings | 22 | €358,533 | €344,881 | -€13,652 | -3.8% |
| Furniture and vehicles | 24 | €20,584 | €4,004 | -€16,579 | -80.5% |
| Other tangible fixed assets | 26 | €26,894 | €79,067 | +€52,173 | +194% |
| Financial fixed assets | 28 | €246 | €246 | = | 0.0% |
| Current assets | 29/58 | €363,758 | €324,278 | -€39,480 | -10.9% |
| Stocks and contracts in progress | 3 | €137,488 | €178,685 | +€41,197 | +30.0% |
| Stocks | 30/36 | €137,488 | €178,685 | +€41,197 | +30.0% |
| Amounts receivable within one year | 40/41 | €16,422 | €6,112 | -€10,310 | -62.8% |
| Other amounts receivable | 41 | €16,422 | €6,112 | -€10,310 | -62.8% |
| Current investments | 50/53 | €6,509 | €6,369 | -€140 | -2.1% |
| Cash at bank and in hand | 54/58 | €200,577 | €127,181 | -€73,395 | -36.6% |
| Deferred charges and accrued income | 490/1 | €2,762 | €5,930 | +€3,168 | +115% |
| Total equity and liabilities | 10/49 | €770,014 | €759,359 | -€10,655 | -1.4% |
| Equity | 10/15 | €341,393 | €344,447 | +€3,054 | +0.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €27,273 | €27,273 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,273 | €27,273 | = | 0.0% |
| Other | 1319 | €27,273 | €27,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €293,669 | €296,723 | +€3,054 | +1.0% |
| Amounts payable | 17/49 | €428,621 | €414,913 | -€13,708 | -3.2% |
| Amounts payable after more than one year | 17 | €207,131 | €211,388 | +€4,257 | +2.1% |
| Financial debts | 170/4 | €207,131 | €211,388 | +€4,257 | +2.1% |
| Amounts payable within one year | 42/48 | €221,490 | €203,525 | -€17,965 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €30,612 | €45,902 | +€15,291 | +50.0% |
| Trade debts | 44 | €13,616 | €23,012 | +€9,396 | +69.0% |
| Suppliers | 440/4 | €13,616 | €23,012 | +€9,396 | +69.0% |
| Taxes, remuneration and social security | 45 | €132,420 | €89,181 | -€43,239 | -32.7% |
| Taxes | 450/3 | €103,869 | €46,970 | -€56,899 | -54.8% |
| Remuneration and social security | 454/9 | €28,551 | €42,211 | +€13,659 | +47.8% |
| Other amounts payable | 47/48 | €44,843 | €45,430 | +€587 | +1.3% |
| Remuneration, social security and pensions | 62 | €155,519 | €161,502 | +€5,983 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,076 | €43,550 | +€4,475 | +11.5% |
| Other operating charges | 640/8 | €20,281 | €20,655 | +€373 | +1.8% |
| Non-recurring operating charges | 66A | €25 | - | -€25 | |
| Gross operating margin | 9900 | €236,747 | €243,062 | +€6,315 | +2.7% |
| Operating profit (loss) | 9901 | €21,846 | €17,356 | -€4,491 | -20.6% |
| Financial income | 75/76B | €315 | €606 | +€290 | +92.1% |
| Recurring financial income | 75 | €315 | €606 | +€290 | +92.1% |
| Financial charges | 65/66B | €12,200 | €13,771 | +€1,571 | +12.9% |
| Recurring financial charges | 65 | €12,200 | €13,771 | +€1,571 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €9,962 | €4,191 | -€5,771 | -57.9% |
| Income taxes | 67/77 | €6,086 | €1,137 | -€4,949 | -81.3% |
| Profit (loss) for the period | 9904 | €3,876 | €3,054 | -€822 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,876 | €3,054 | -€822 | -21.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.