CKA: what changed
Two fiscal 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.
CKA
Largest movements
- Receivables within one year +€70,073
up €70,073 (+13.1%), from €535,330 to €605,403
of which Trade receivables: +€75,208
- Cash +€8,602
up €8,602 (+161.0%), from €5,343 to €13,945
mainly Trade debts (+€192,922) and Depreciation (+€1,550)
- Stocks and contracts +€8,250
up €8,250 (+69.9%), from €11,800 to €20,050
- Trade debts +€192,922
up €192,922 (+95.6%), from €201,777 to €394,699
- Other debts -€47,804
down €47,804 (-18.8%), from €254,845 to €207,041
- Advances received -€30,106
no longer reported in 2024 (was €30,106)
- Tax, wage and social debts -€30,091
down €30,091 (-82.7%), from €36,404 to €6,313
of which Remuneration and social security: -€22,900
- Gross operating margin -€194,339
down €194,339 (-96.3%), from €201,744 to €7,406
- Financial charges -€193,632
down €193,632 (-98.6%), from €196,401 to €2,768
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €569,428 | €654,766 | +€85,338 | +15.0% |
| Fixed assets | 21/28 | €16,918 | €15,368 | -€1,550 | -9.2% |
| Intangible fixed assets | 21 | €5,250 | €3,750 | -€1,500 | -28.6% |
| Tangible fixed assets | 22/27 | €225 | €175 | -€50 | -22.2% |
| Other tangible fixed assets | 26 | €225 | €175 | -€50 | -22.2% |
| Financial fixed assets | 28 | €11,443 | €11,443 | = | 0.0% |
| Current assets | 29/58 | €552,510 | €639,398 | +€86,888 | +15.7% |
| Stocks and contracts in progress | 3 | €11,800 | €20,050 | +€8,250 | +69.9% |
| Stocks | 30/36 | €11,800 | €20,050 | +€8,250 | +69.9% |
| Amounts receivable within one year | 40/41 | €535,330 | €605,403 | +€70,073 | +13.1% |
| Trade receivables | 40 | €530,195 | €605,403 | +€75,208 | +14.2% |
| Other amounts receivable | 41 | €5,135 | - | -€5,135 | |
| Cash at bank and in hand | 54/58 | €5,343 | €13,945 | +€8,602 | +161.0% |
| Deferred charges and accrued income | 490/1 | €36 | - | -€36 | |
| Total equity and liabilities | 10/49 | €569,428 | €654,766 | +€85,338 | +15.0% |
| Equity | 10/15 | €46,297 | €46,714 | +€417 | +0.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €12,400 | -€6,200 | -33.3% |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €33,303 | €33,303 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,443 | €31,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | €593 | €1,011 | +€417 | +70.3% |
| Amounts payable | 17/49 | €523,131 | €608,052 | +€84,921 | +16.2% |
| Amounts payable within one year | 42/48 | €523,131 | €608,052 | +€84,921 | +16.2% |
| Trade debts | 44 | €201,777 | €394,699 | +€192,922 | +95.6% |
| Suppliers | 440/4 | €201,777 | €394,699 | +€192,922 | +95.6% |
| Advances received on contracts in progress | 46 | €30,106 | - | -€30,106 | |
| Taxes, remuneration and social security | 45 | €36,404 | €6,313 | -€30,091 | -82.7% |
| Taxes | 450/3 | €13,504 | €6,313 | -€7,192 | -53.3% |
| Remuneration and social security | 454/9 | €22,900 | - | -€22,900 | |
| Other amounts payable | 47/48 | €254,845 | €207,041 | -€47,804 | -18.8% |
| Remuneration, social security and pensions | 62 | €52 | €152 | +€100 | +194.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,550 | €1,550 | = | 0.0% |
| Other operating charges | 640/8 | €3,149 | €2,376 | -€773 | -24.5% |
| Gross operating margin | 9900 | €201,744 | €7,406 | -€194,339 | -96.3% |
| Operating profit (loss) | 9901 | €196,994 | €3,328 | -€193,666 | -98.3% |
| Financial charges | 65/66B | €196,401 | €2,768 | -€193,632 | -98.6% |
| Recurring financial charges | 65 | €196,401 | €2,768 | -€193,632 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | €593 | €560 | -€34 | -5.7% |
| Income taxes | 67/77 | - | €143 | +€143 | |
| Profit (loss) for the period | 9904 | €593 | €417 | -€176 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €593 | €417 | -€176 | -29.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.