CK 1701: 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.
CK 1701
Largest movements
- Receivables within one year +€30,897
new in 2025: €30,897
- Tangible fixed assets +€23,390
up €23,390 (+16.0%), from €146,057 to €169,447
of which Leasing and similar rights: +€25,835
- Cash +€3,768
up €3,768 (+41.3%), from €9,134 to €12,902
mainly Depreciation (+€34,712) and Accrued charges and deferred income (+€30,041)
- Accrued charges and deferred income +€30,041
new in 2025: €30,041
- Debts after one year +€26,630
up €26,630 (+38.7%), from €68,794 to €95,424
- Current portion of long-term debt +€10,245
up €10,245 (+73.1%), from €14,007 to €24,252
- Trade debts -€6,375
down €6,375 (-53.7%), from €11,877 to €5,502
- Staff costs +€32,941
up €32,941 (+77.1%), from €42,736 to €75,678
- Depreciation +€9,214
up €9,214 (+36.1%), from €25,498 to €34,712
- Taxes -€7,862
no longer reported in 2025 (was €7,862)
- Gross operating margin +€2,623
up €2,623 (+2.3%), from €114,075 to €116,699
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 | €176,293 | €236,387 | +€60,095 | +34.1% |
| Fixed assets | 21/28 | €154,323 | €177,713 | +€23,390 | +15.2% |
| Tangible fixed assets | 22/27 | €146,057 | €169,447 | +€23,390 | +16.0% |
| Plant, machinery and equipment | 23 | €18,055 | €22,397 | +€4,342 | +24.0% |
| Furniture and vehicles | 24 | €9,810 | €8,340 | -€1,470 | -15.0% |
| Leasing and similar rights | 25 | €78,832 | €104,667 | +€25,835 | +32.8% |
| Other tangible fixed assets | 26 | €39,360 | €34,043 | -€5,317 | -13.5% |
| Financial fixed assets | 28 | €8,266 | €8,266 | = | 0.0% |
| Current assets | 29/58 | €21,970 | €58,674 | +€36,705 | +167% |
| Amounts receivable within one year | 40/41 | - | €30,897 | +€30,897 | |
| Other amounts receivable | 41 | - | €30,897 | +€30,897 | |
| Cash at bank and in hand | 54/58 | €9,134 | €12,902 | +€3,768 | +41.3% |
| Deferred charges and accrued income | 490/1 | €12,836 | €14,876 | +€2,040 | +15.9% |
| Total equity and liabilities | 10/49 | €176,293 | €236,387 | +€60,095 | +34.1% |
| Equity | 10/15 | €73,275 | €73,188 | -€87 | -0.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,275 | €23,188 | -€87 | -0.4% |
| Amounts payable | 17/49 | €103,017 | €163,199 | +€60,182 | +58.4% |
| Amounts payable after more than one year | 17 | €68,794 | €95,424 | +€26,630 | +38.7% |
| Financial debts | 170/4 | €68,794 | €95,424 | +€26,630 | +38.7% |
| Amounts payable within one year | 42/48 | €34,224 | €37,734 | +€3,510 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €14,007 | €24,252 | +€10,245 | +73.1% |
| Trade debts | 44 | €11,877 | €5,502 | -€6,375 | -53.7% |
| Suppliers | 440/4 | €11,877 | €5,502 | -€6,375 | -53.7% |
| Taxes, remuneration and social security | 45 | €8,243 | €7,862 | -€381 | -4.6% |
| Taxes | 450/3 | €7,862 | €7,862 | = | 0.0% |
| Remuneration and social security | 454/9 | €381 | - | -€381 | |
| Other amounts payable | 47/48 | €97 | €119 | +€21 | +22.0% |
| Accrued charges and deferred income | 492/3 | - | €30,041 | +€30,041 | |
| Remuneration, social security and pensions | 62 | €42,736 | €75,678 | +€32,941 | +77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,498 | €34,712 | +€9,214 | +36.1% |
| Other operating charges | 640/8 | €666 | €1,389 | +€723 | +109% |
| Gross operating margin | 9900 | €114,075 | €116,699 | +€2,623 | +2.3% |
| Operating profit (loss) | 9901 | €45,176 | €4,921 | -€40,255 | -89.1% |
| Financial income | 75/76B | €5 | €1 | -€4 | -85.2% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -85.2% |
| Financial charges | 65/66B | €3,992 | €5,008 | +€1,017 | +25.5% |
| Recurring financial charges | 65 | €3,992 | €5,008 | +€1,017 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €41,189 | -€87 | -€41,276 | |
| Income taxes | 67/77 | €7,862 | - | -€7,862 | |
| Profit (loss) for the period | 9904 | €33,327 | -€87 | -€33,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,327 | -€87 | -€33,414 |
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 17 October 2026 via checked.be.