CK&J: 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&J
Largest movements
- Receivables after one year -€400,000
down €400,000 (-80.0%), from €500,000 to €100,000
- Tangible fixed assets +€393,443
up €393,443 (+6.9%), from €5.7m to €6.1m
of which Land and buildings: +€218,238
- Financial fixed assets -€363,630
down €363,630 (-50.6%), from €717,990 to €354,360
- Receivables within one year -€106,013
down €106,013 (-33.2%), from €319,151 to €213,138
of which Other amounts receivable: -€84,030
- Current investments -€100,000
down €100,000 (-25.0%), from €400,000 to €300,000
- Other debts -€1.1m
down €1.1m (-91.9%), from €1.2m to €99,061
- Current portion of long-term debt -€1.1m
down €1.1m (-74.6%), from €1.5m to €379,178
- Reserves +€881,743
up €881,743 (+41.0%), from €2.1m to €3.0m
- Debts after one year +€673,770
up €673,770 (+30.0%), from €2.2m to €2.9m
- Financial income +€304,174
up €304,174 (+231%), from €131,954 to €436,128
of which Non-recurring financial income: +€282,570
- Gross operating margin -€189,487
down €189,487 (-16.6%), from €1.1m to €954,827
- Taxes -€89,699
down €89,699 (-34.7%), from €258,264 to €168,564
- Staff costs -€44,051
down €44,051 (-42.7%), from €103,121 to €59,070
- Other operating charges -€42,221
down €42,221 (-60.9%), from €69,364 to €27,142
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 | €7,833,964 | €7,164,083 | -€669,881 | -8.6% |
| Fixed assets | 21/28 | €6,417,287 | €6,447,100 | +€29,813 | +0.5% |
| Intangible fixed assets | 21 | €3,820 | €3,820 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,695,477 | €6,088,920 | +€393,443 | +6.9% |
| Land and buildings | 22 | €5,605,052 | €5,823,291 | +€218,238 | +3.9% |
| Furniture and vehicles | 24 | €90,424 | €265,629 | +€175,205 | +194% |
| Financial fixed assets | 28 | €717,990 | €354,360 | -€363,630 | -50.6% |
| Current assets | 29/58 | €1,416,678 | €716,983 | -€699,694 | -49.4% |
| Amounts receivable after more than one year | 29 | €500,000 | €100,000 | -€400,000 | -80.0% |
| Other amounts receivable | 291 | €500,000 | €100,000 | -€400,000 | -80.0% |
| Amounts receivable within one year | 40/41 | €319,151 | €213,138 | -€106,013 | -33.2% |
| Trade receivables | 40 | €86,306 | €64,323 | -€21,983 | -25.5% |
| Other amounts receivable | 41 | €232,845 | €148,815 | -€84,030 | -36.1% |
| Current investments | 50/53 | €400,000 | €300,000 | -€100,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €193,111 | €98,262 | -€94,850 | -49.1% |
| Deferred charges and accrued income | 490/1 | €4,415 | €5,584 | +€1,169 | +26.5% |
| Total equity and liabilities | 10/49 | €7,833,964 | €7,164,083 | -€669,881 | -8.6% |
| Equity | 10/15 | €2,848,411 | €3,730,137 | +€881,726 | +31.0% |
| Contributions | 10/11 | €272,802 | €272,802 | = | 0.0% |
| Revaluation surpluses | 12 | €426,145 | €426,145 | = | 0.0% |
| Reserves | 13 | €2,149,447 | €3,031,190 | +€881,743 | +41.0% |
| Distributable reserves | 133 | €2,149,447 | €3,031,190 | +€881,743 | +41.0% |
| Profit (loss) carried forward | 14 | €17 | - | -€17 | |
| Amounts payable | 17/49 | €4,985,553 | €3,433,946 | -€1.6m | -31.1% |
| Amounts payable after more than one year | 17 | €2,243,243 | €2,917,012 | +€673,770 | +30.0% |
| Financial debts | 170/4 | €2,243,243 | €2,917,012 | +€673,770 | +30.0% |
| Amounts payable within one year | 42/48 | €2,742,311 | €515,036 | -€2.2m | -81.2% |
| Current portion of amounts payable after more than one year | 42 | €1,490,677 | €379,178 | -€1.1m | -74.6% |
| Trade debts | 44 | €11,301 | €21,169 | +€9,868 | +87.3% |
| Suppliers | 440/4 | €11,301 | €21,169 | +€9,868 | +87.3% |
| Taxes, remuneration and social security | 45 | €18,555 | €15,628 | -€2,927 | -15.8% |
| Taxes | 450/3 | €2,176 | €3,441 | +€1,265 | +58.1% |
| Remuneration and social security | 454/9 | €16,379 | €12,187 | -€4,192 | -25.6% |
| Other amounts payable | 47/48 | €1,221,778 | €99,061 | -€1.1m | -91.9% |
| Accrued charges and deferred income | 492/3 | - | €1,898 | +€1,898 | |
| Remuneration, social security and pensions | 62 | €103,121 | €59,070 | -€44,051 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,997 | €143,272 | +€21,275 | +17.4% |
| Other operating charges | 640/8 | €69,364 | €27,142 | -€42,221 | -60.9% |
| Gross operating margin | 9900 | €1,144,315 | €954,827 | -€189,487 | -16.6% |
| Operating profit (loss) | 9901 | €849,833 | €725,343 | -€124,490 | -14.6% |
| Financial income | 75/76B | €131,954 | €436,128 | +€304,174 | +231% |
| Recurring financial income | 75 | €131,954 | €153,558 | +€21,604 | +16.4% |
| Non-recurring financial income | 76B | - | €282,570 | +€282,570 | |
| Financial charges | 65/66B | €84,007 | €111,181 | +€27,174 | +32.3% |
| Recurring financial charges | 65 | €84,007 | €111,181 | +€27,174 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €897,781 | €1,050,291 | +€152,510 | +17.0% |
| Income taxes | 67/77 | €258,264 | €168,564 | -€89,699 | -34.7% |
| Profit (loss) for the period | 9904 | €639,517 | €881,726 | +€242,209 | +37.9% |
| Transfer from tax-exempt reserves | 789 | €18,750 | - | -€18,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €658,267 | €881,726 | +€223,459 | +33.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.