CK & Co: 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 & Co
Largest movements
- Receivables within one year +€13,276
up €13,276 (+32.3%), from €41,115 to €54,391
of which Other amounts receivable: +€18,391
- Stocks and contracts -€5,269
down €5,269 (-11.9%), from €44,167 to €38,898
- Cash -€2,252
down €2,252 (-1.9%), from €118,155 to €115,904
mainly Contributions, distributions and other (-€33,798) and Receivables within one year (-€13,276)
- Other debts +€15,176
up €15,176 (+90.7%), from €16,724 to €31,900
- Trade debts -€10,147
down €10,147 (-80.4%), from €12,619 to €2,472
- Profit (loss) carried forward -€3,939
down €3,939 (-83.7%), from €4,705 to €766
- Tax, wage and social debts +€3,037
up €3,037 (+29.3%), from €10,363 to €13,400
of which Taxes: +€3,464
- Current portion of long-term debt -€2,965
no longer reported in 2025 (was €2,965)
- Gross operating margin +€98,562
up €98,562 (+215%), from €45,884 to €144,446
- Staff costs +€26,054
up €26,054 (+34.6%), from €75,367 to €101,421
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 | €216,981 | €220,849 | +€3,868 | +1.8% |
| Fixed assets | 21/28 | €11,923 | €11,108 | -€815 | -6.8% |
| Tangible fixed assets | 22/27 | €11,923 | €11,071 | -€852 | -7.1% |
| Plant, machinery and equipment | 23 | €348 | - | -€348 | |
| Furniture and vehicles | 24 | €11,575 | €11,071 | -€504 | -4.4% |
| Financial fixed assets | 28 | - | €37 | +€37 | |
| Current assets | 29/58 | €205,058 | €209,741 | +€4,683 | +2.3% |
| Stocks and contracts in progress | 3 | €44,167 | €38,898 | -€5,269 | -11.9% |
| Stocks | 30/36 | €44,167 | €38,898 | -€5,269 | -11.9% |
| Amounts receivable within one year | 40/41 | €41,115 | €54,391 | +€13,276 | +32.3% |
| Trade receivables | 40 | €18,300 | €13,184 | -€5,115 | -28.0% |
| Other amounts receivable | 41 | €22,815 | €41,207 | +€18,391 | +80.6% |
| Cash at bank and in hand | 54/58 | €118,155 | €115,904 | -€2,252 | -1.9% |
| Deferred charges and accrued income | 490/1 | €1,620 | €548 | -€1,073 | -66.2% |
| Total equity and liabilities | 10/49 | €216,981 | €220,849 | +€3,868 | +1.8% |
| Equity | 10/15 | €174,310 | €173,077 | -€1,233 | -0.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €149,605 | €152,311 | +€2,706 | +1.8% |
| Distributable reserves | 133 | €149,605 | €152,311 | +€2,706 | +1.8% |
| Profit (loss) carried forward | 14 | €4,705 | €766 | -€3,939 | -83.7% |
| Amounts payable | 17/49 | €42,671 | €47,772 | +€5,101 | +12.0% |
| Amounts payable within one year | 42/48 | €42,671 | €47,772 | +€5,101 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €2,965 | - | -€2,965 | |
| Trade debts | 44 | €12,619 | €2,472 | -€10,147 | -80.4% |
| Suppliers | 440/4 | €12,619 | €2,472 | -€10,147 | -80.4% |
| Taxes, remuneration and social security | 45 | €10,363 | €13,400 | +€3,037 | +29.3% |
| Taxes | 450/3 | €1,194 | €4,658 | +€3,464 | +290% |
| Remuneration and social security | 454/9 | €9,169 | €8,742 | -€427 | -4.7% |
| Other amounts payable | 47/48 | €16,724 | €31,900 | +€15,176 | +90.7% |
| Non-recurring operating income | 76A | €746 | €5 | -€740 | -99.3% |
| Remuneration, social security and pensions | 62 | €75,367 | €101,421 | +€26,054 | +34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,541 | €8,152 | +€611 | +8.1% |
| Other operating charges | 640/8 | €342 | €584 | +€242 | +70.8% |
| Gross operating margin | 9900 | €45,884 | €144,446 | +€98,562 | +215% |
| Operating profit (loss) | 9901 | -€37,366 | €34,290 | +€71,656 | |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €164 | €212 | +€49 | +29.6% |
| Recurring financial charges | 65 | €164 | €212 | +€49 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,530 | €34,123 | +€71,653 | |
| Income taxes | 67/77 | €142 | €1,558 | +€1,416 | +1,000% |
| Profit (loss) for the period | 9904 | -€37,671 | €32,566 | +€70,237 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,671 | €32,566 | +€70,237 |
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 20 October 2026 via checked.be.