CKC: 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.
CKC
Largest movements
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Receivables within one year -€43,750
down €43,750 (-60.9%), from €71,818 to €28,068
of which Trade receivables: -€45,985
- Cash +€38,904
up €38,904 (+94.2%), from €41,294 to €80,198
mainly Current investments (+€150,000) and Net result for the year (+€125,405)
- Tangible fixed assets -€6,584
down €6,584 (-19.4%), from €33,884 to €27,300
of which Furniture and vehicles: -€4,847
- Other debts -€122,007
down €122,007 (-53.3%), from €229,071 to €107,063
- Tax, wage and social debts -€39,325
down €39,325 (-63.2%), from €62,195 to €22,870
of which Taxes: -€39,325
- Gross operating margin -€11,221
down €11,221 (-6.1%), from €182,854 to €171,633
- Taxes -€3,048
down €3,048 (-7.8%), from €39,035 to €35,987
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 | €296,996 | €135,566 | -€161,430 | -54.4% |
| Fixed assets | 21/28 | €33,884 | €27,300 | -€6,584 | -19.4% |
| Tangible fixed assets | 22/27 | €33,884 | €27,300 | -€6,584 | -19.4% |
| Plant, machinery and equipment | 23 | €436 | €1,041 | +€604 | +139% |
| Furniture and vehicles | 24 | €9,261 | €4,413 | -€4,847 | -52.3% |
| Other tangible fixed assets | 26 | €24,187 | €21,846 | -€2,341 | -9.7% |
| Current assets | 29/58 | €263,112 | €108,266 | -€154,847 | -58.9% |
| Amounts receivable within one year | 40/41 | €71,818 | €28,068 | -€43,750 | -60.9% |
| Trade receivables | 40 | €71,818 | €25,833 | -€45,985 | -64.0% |
| Other amounts receivable | 41 | - | €2,234 | +€2,234 | |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €41,294 | €80,198 | +€38,904 | +94.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €296,996 | €135,566 | -€161,430 | -54.4% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €293,996 | €132,566 | -€161,430 | -54.9% |
| Amounts payable within one year | 42/48 | €293,996 | €132,566 | -€161,430 | -54.9% |
| Trade debts | 44 | €2,730 | €2,632 | -€98 | -3.6% |
| Suppliers | 440/4 | €2,730 | €2,632 | -€98 | -3.6% |
| Taxes, remuneration and social security | 45 | €62,195 | €22,870 | -€39,325 | -63.2% |
| Taxes | 450/3 | €59,327 | €20,002 | -€39,325 | -66.3% |
| Remuneration and social security | 454/9 | €2,869 | €2,869 | = | 0.0% |
| Other amounts payable | 47/48 | €229,071 | €107,063 | -€122,007 | -53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,814 | €12,205 | -€609 | -4.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €182,854 | €171,633 | -€11,221 | -6.1% |
| Operating profit (loss) | 9901 | €169,652 | €159,028 | -€10,625 | -6.3% |
| Financial income | 75/76B | €3,802 | €2,405 | -€1,397 | -36.7% |
| Recurring financial income | 75 | €3,802 | €2,405 | -€1,397 | -36.7% |
| Financial charges | 65/66B | €47 | €40 | -€7 | -14.1% |
| Recurring financial charges | 65 | €47 | €40 | -€7 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €173,407 | €161,392 | -€12,015 | -6.9% |
| Income taxes | 67/77 | €39,035 | €35,987 | -€3,048 | -7.8% |
| Profit (loss) for the period | 9904 | €134,372 | €125,405 | -€8,967 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,372 | €125,405 | -€8,967 | -6.7% |
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 18 October 2026 via checked.be.