CK-eco: what changed
CK-eco
Largest movements
- Cash +€206,039
up €206,039 (+99.5%), from €207,026 to €413,064
mainly Depreciation (+€122,290) and Net result for the year (+€66,605)
- Tangible fixed assets -€72,976
down €72,976 (-25.4%), from €286,797 to €213,821
of which Plant, machinery and equipment: -€81,975
- Receivables within one year -€50,940
down €50,940 (-45.6%), from €111,667 to €60,727
of which Trade receivables: -€53,766
- Profit (loss) carried forward +€66,605
up €66,605 (+53.3%), from €124,989 to €191,595
- Trade debts +€36,717
up €36,717 (+491%), from €7,480 to €44,197
- Current portion of long-term debt -€22,000
down €22,000 (-100%), from €22,000 to €0
- Accrued charges and deferred income -€14,232
down €14,232 (-100%), from €14,232 to €0
- Other debts +€9,738
up €9,738 (+38.7%), from €25,155 to €34,893
- Gross operating margin +€65,913
up €65,913 (+46.0%), from €143,201 to €209,113
- Financial charges -€20,707
down €20,707 (-98.4%), from €21,037 to €331
- Taxes +€19,169
up €19,169, from €0 to €19,169
- Depreciation -€7,744
down €7,744 (-6.0%), from €130,034 to €122,290
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 | €617,956 | €697,855 | +€79,900 | +12.9% |
| Fixed assets | 21/28 | €287,097 | €214,121 | -€72,976 | -25.4% |
| Tangible fixed assets | 22/27 | €286,797 | €213,821 | -€72,976 | -25.4% |
| Plant, machinery and equipment | 23 | €233,700 | €151,725 | -€81,975 | -35.1% |
| Furniture and vehicles | 24 | €53,097 | €62,095 | +€8,999 | +16.9% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €330,859 | €483,734 | +€152,876 | +46.2% |
| Amounts receivable within one year | 40/41 | €111,667 | €60,727 | -€50,940 | -45.6% |
| Trade receivables | 40 | €109,942 | €56,176 | -€53,766 | -48.9% |
| Other amounts receivable | 41 | €1,726 | €4,551 | +€2,826 | +164% |
| Cash at bank and in hand | 54/58 | €207,026 | €413,064 | +€206,039 | +99.5% |
| Deferred charges and accrued income | 490/1 | €12,165 | €9,943 | -€2,223 | -18.3% |
| Total equity and liabilities | 10/49 | €617,956 | €697,855 | +€79,900 | +12.9% |
| Equity | 10/15 | €134,989 | €201,595 | +€66,605 | +49.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,989 | €191,595 | +€66,605 | +53.3% |
| Amounts payable | 17/49 | €482,966 | €496,261 | +€13,294 | +2.8% |
| Amounts payable after more than one year | 17 | €405,000 | €405,000 | = | 0.0% |
| Financial debts | 170/4 | €405,000 | €405,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,735 | €91,261 | +€27,526 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €22,000 | €0 | -€22,000 | -100% |
| Trade debts | 44 | €7,480 | €44,197 | +€36,717 | +491% |
| Suppliers | 440/4 | €7,480 | €44,197 | +€36,717 | +491% |
| Taxes, remuneration and social security | 45 | €9,099 | €12,170 | +€3,071 | +33.7% |
| Taxes | 450/3 | €6,170 | €9,234 | +€3,064 | +49.7% |
| Remuneration and social security | 454/9 | €2,929 | €2,936 | +€7 | +0.2% |
| Other amounts payable | 47/48 | €25,155 | €34,893 | +€9,738 | +38.7% |
| Accrued charges and deferred income | 492/3 | €14,232 | €0 | -€14,232 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,034 | €122,290 | -€7,744 | -6.0% |
| Other operating charges | 640/8 | €917 | €752 | -€165 | -18.0% |
| Gross operating margin | 9900 | €143,201 | €209,113 | +€65,913 | +46.0% |
| Operating profit (loss) | 9901 | €12,249 | €86,071 | +€73,822 | +603% |
| Financial income | 75/76B | €15 | €33 | +€18 | +123% |
| Recurring financial income | 75 | €15 | €33 | +€18 | +123% |
| Financial charges | 65/66B | €21,037 | €331 | -€20,707 | -98.4% |
| Recurring financial charges | 65 | €21,037 | €331 | -€20,707 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,773 | €85,774 | +€94,547 | |
| Income taxes | 67/77 | €0 | €19,169 | +€19,169 | |
| Profit (loss) for the period | 9904 | -€8,773 | €66,605 | +€75,378 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,773 | €66,605 | +€75,378 |
Next steps
Calculation and sources
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 5 November 2026 via checked.be.