CK-Emlo Projects: 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-Emlo Projects
Largest movements
- Tangible fixed assets -€6,023
down €6,023 (-45.2%), from €13,321 to €7,298
of which Plant, machinery and equipment: -€3,724
- Cash +€3,164
up €3,164 (+4,971%), from €64 to €3,227
mainly Depreciation (+€6,618) and Net result for the year (+€6,209)
- Receivables within one year +€1,418
up €1,418 (+9.3%), from €15,254 to €16,672
- Profit (loss) carried forward +€6,209
up €6,209 (+35.0%), from €17,718 to €23,927
- Trade debts -€5,722
no longer reported in 2025 (was €5,722)
- Debts after one year -€3,199
no longer reported in 2025 (was €3,199)
- Tax, wage and social debts +€1,271
new in 2025: €1,271
- Gross operating margin -€22,050
down €22,050 (-61.8%), from €35,677 to €13,627
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 | €28,639 | €27,198 | -€1,441 | -5.0% |
| Fixed assets | 21/28 | €13,321 | €7,298 | -€6,023 | -45.2% |
| Tangible fixed assets | 22/27 | €13,321 | €7,298 | -€6,023 | -45.2% |
| Plant, machinery and equipment | 23 | €8,723 | €4,999 | -€3,724 | -42.7% |
| Furniture and vehicles | 24 | €4,598 | €2,299 | -€2,299 | -50.0% |
| Current assets | 29/58 | €15,317 | €19,900 | +€4,582 | +29.9% |
| Amounts receivable within one year | 40/41 | €15,254 | €16,672 | +€1,418 | +9.3% |
| Other amounts receivable | 41 | €15,254 | €16,672 | +€1,418 | +9.3% |
| Cash at bank and in hand | 54/58 | €64 | €3,227 | +€3,164 | +4,971% |
| Total equity and liabilities | 10/49 | €28,639 | €27,198 | -€1,441 | -5.0% |
| Equity | 10/15 | €19,718 | €25,927 | +€6,209 | +31.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,718 | €23,927 | +€6,209 | +35.0% |
| Amounts payable | 17/49 | €8,921 | €1,271 | -€7,650 | -85.8% |
| Amounts payable after more than one year | 17 | €3,199 | - | -€3,199 | |
| Financial debts | 170/4 | €3,199 | - | -€3,199 | |
| Amounts payable within one year | 42/48 | €5,722 | €1,271 | -€4,451 | -77.8% |
| Trade debts | 44 | €5,722 | - | -€5,722 | |
| Suppliers | 440/4 | €5,722 | - | -€5,722 | |
| Taxes, remuneration and social security | 45 | - | €1,271 | +€1,271 | |
| Taxes | 450/3 | - | €1,271 | +€1,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,469 | €6,618 | +€149 | +2.3% |
| Other operating charges | 640/8 | €508 | €190 | -€317 | -62.5% |
| Gross operating margin | 9900 | €35,677 | €13,627 | -€22,050 | -61.8% |
| Operating profit (loss) | 9901 | €28,700 | €6,819 | -€21,881 | -76.2% |
| Financial charges | 65/66B | €433 | €611 | +€178 | +41.1% |
| Recurring financial charges | 65 | €433 | €611 | +€178 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €28,268 | €6,209 | -€22,059 | -78.0% |
| Profit (loss) for the period | 9904 | €28,268 | €6,209 | -€22,059 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,268 | €6,209 | -€22,059 | -78.0% |
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 15 October 2026 via checked.be.