CK DEVELOPMENT: 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 DEVELOPMENT
Largest movements
- Receivables within one year +€18,689
up €18,689 (+154%), from €12,121 to €30,810
of which Other amounts receivable: +€12,555
- Cash -€14,895
down €14,895 (-18.6%), from €80,121 to €65,226
mainly Contributions, distributions and other (-€406,377) and Receivables within one year (-€18,689)
- Tangible fixed assets -€12,007
down €12,007 (-22.1%), from €54,372 to €42,365
of which Other tangible fixed assets: -€6,907
- Profit (loss) carried forward -€415,662
no longer reported in 2025 (was €415,662)
- Other debts +€341,084
up €341,084 (+11,484%), from €2,970 to €344,054
- Tax, wage and social debts +€60,164
up €60,164 (+3,494%), from €1,722 to €61,886
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Gross operating margin -€24,213
down €24,213 (-87.0%), from €27,822 to €3,609
- Taxes -€5,252
down €5,252, from €4,759 to -€493
- Other operating charges -€450
down €450 (-36.3%), from €1,241 to €791
- Depreciation +€336
up €336 (+2.7%), from €12,548 to €12,884
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 | €434,614 | €426,401 | -€8,213 | -1.9% |
| Fixed assets | 21/28 | €57,372 | €45,365 | -€12,007 | -20.9% |
| Tangible fixed assets | 22/27 | €54,372 | €42,365 | -€12,007 | -22.1% |
| Furniture and vehicles | 24 | €22,254 | €17,154 | -€5,100 | -22.9% |
| Other tangible fixed assets | 26 | €32,118 | €25,211 | -€6,907 | -21.5% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €377,242 | €381,036 | +€3,794 | +1.0% |
| Amounts receivable after more than one year | 29 | €285,000 | €285,000 | = | 0.0% |
| Other amounts receivable | 291 | €285,000 | €285,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,121 | €30,810 | +€18,689 | +154% |
| Trade receivables | 40 | €12,016 | €18,150 | +€6,134 | +51.0% |
| Other amounts receivable | 41 | €105 | €12,660 | +€12,555 | +11,957% |
| Cash at bank and in hand | 54/58 | €80,121 | €65,226 | -€14,895 | -18.6% |
| Total equity and liabilities | 10/49 | €434,614 | €426,401 | -€8,213 | -1.9% |
| Equity | 10/15 | €429,922 | €20,460 | -€409,462 | -95.2% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €415,662 | - | -€415,662 | |
| Amounts payable | 17/49 | €4,692 | €405,941 | +€401,249 | +8,552% |
| Amounts payable within one year | 42/48 | €4,692 | €405,941 | +€401,249 | +8,552% |
| Taxes, remuneration and social security | 45 | €1,722 | €61,886 | +€60,164 | +3,494% |
| Taxes | 450/3 | €1,722 | €61,886 | +€60,164 | +3,494% |
| Other amounts payable | 47/48 | €2,970 | €344,054 | +€341,084 | +11,484% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,548 | €12,884 | +€336 | +2.7% |
| Other operating charges | 640/8 | €1,241 | €791 | -€450 | -36.3% |
| Gross operating margin | 9900 | €27,822 | €3,609 | -€24,213 | -87.0% |
| Operating profit (loss) | 9901 | €14,033 | -€10,066 | -€24,099 | |
| Financial income | 75/76B | €8,550 | €8,550 | = | 0.0% |
| Recurring financial income | 75 | €8,550 | €8,550 | = | 0.0% |
| Financial charges | 65/66B | €1,807 | €2,062 | +€255 | +14.1% |
| Recurring financial charges | 65 | €1,807 | €2,062 | +€255 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €20,776 | -€3,579 | -€24,355 | |
| Income taxes | 67/77 | €4,759 | -€493 | -€5,252 | |
| Profit (loss) for the period | 9904 | €16,017 | -€3,085 | -€19,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,017 | -€3,085 | -€19,102 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.