CKCert: 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.
CKCert
Largest movements
- Tangible fixed assets +€143,833
up €143,833 (+27.0%), from €533,184 to €677,018
of which Leasing and similar rights: +€158,126
- Receivables within one year +€55,224
up €55,224 (+9.0%), from €613,819 to €669,043
of which Trade receivables: +€33,549
- Cash -€45,955
down €45,955 (-13.6%), from €336,870 to €290,914
mainly Investment in fixed assets (net) (-€387,480) and Receivables within one year (-€55,224)
- Debts after one year +€102,351
up €102,351 (+28.5%), from €359,673 to €462,024
- Current portion of long-term debt +€59,284
up €59,284 (+60.2%), from €98,472 to €157,756
- Profit (loss) carried forward +€34,537
up €34,537, from -€34,537 to €0
- Reserves -€32,090
down €32,090 (-6.6%), from €488,580 to €456,490
of which Distributable reserves: -€32,090
- Trade debts -€20,836
down €20,836 (-8.7%), from €238,776 to €217,940
- Gross operating margin +€394,584
up €394,584 (+20.3%), from €1.9m to €2.3m
- Staff costs +€184,240
up €184,240 (+10.2%), from €1.8m to €2.0m
- Depreciation +€107,757
up €107,757 (+77.0%), from €139,968 to €247,725
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 | €1,766,025 | €1,901,755 | +€135,730 | +7.7% |
| Fixed assets | 21/28 | €723,613 | €863,369 | +€139,755 | +19.3% |
| Intangible fixed assets | 21 | €184,209 | €180,131 | -€4,078 | -2.2% |
| Tangible fixed assets | 22/27 | €533,184 | €677,018 | +€143,833 | +27.0% |
| Plant, machinery and equipment | 23 | €3,728 | €1,650 | -€2,078 | -55.7% |
| Furniture and vehicles | 24 | €33,981 | €12,914 | -€21,068 | -62.0% |
| Leasing and similar rights | 25 | €460,114 | €618,240 | +€158,126 | +34.4% |
| Other tangible fixed assets | 26 | €35,361 | €44,214 | +€8,853 | +25.0% |
| Financial fixed assets | 28 | €6,220 | €6,220 | = | 0.0% |
| Current assets | 29/58 | €1,042,412 | €1,038,386 | -€4,026 | -0.4% |
| Amounts receivable within one year | 40/41 | €613,819 | €669,043 | +€55,224 | +9.0% |
| Trade receivables | 40 | €585,838 | €619,387 | +€33,549 | +5.7% |
| Other amounts receivable | 41 | €27,981 | €49,656 | +€21,674 | +77.5% |
| Cash at bank and in hand | 54/58 | €336,870 | €290,914 | -€45,955 | -13.6% |
| Deferred charges and accrued income | 490/1 | €91,723 | €78,429 | -€13,294 | -14.5% |
| Total equity and liabilities | 10/49 | €1,766,025 | €1,901,755 | +€135,730 | +7.7% |
| Equity | 10/15 | €554,042 | €556,490 | +€2,447 | +0.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €488,580 | €456,490 | -€32,090 | -6.6% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €478,580 | €446,490 | -€32,090 | -6.7% |
| Profit (loss) carried forward | 14 | -€34,537 | €0 | +€34,537 | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €1,211,983 | €1,345,265 | +€133,282 | +11.0% |
| Amounts payable after more than one year | 17 | €359,673 | €462,024 | +€102,351 | +28.5% |
| Financial debts | 170/4 | €359,673 | €462,024 | +€102,351 | +28.5% |
| Amounts payable within one year | 42/48 | €703,822 | €747,866 | +€44,044 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €98,472 | €157,756 | +€59,284 | +60.2% |
| Financial debts | 43 | €100 | €100 | = | 0.0% |
| Credit institutions | 430/8 | €100 | €100 | = | 0.0% |
| Trade debts | 44 | €238,776 | €217,940 | -€20,836 | -8.7% |
| Suppliers | 440/4 | €238,776 | €217,940 | -€20,836 | -8.7% |
| Taxes, remuneration and social security | 45 | €366,475 | €369,624 | +€3,149 | +0.9% |
| Taxes | 450/3 | €62,455 | €67,682 | +€5,227 | +8.4% |
| Remuneration and social security | 454/9 | €304,020 | €301,942 | -€2,078 | -0.7% |
| Other amounts payable | 47/48 | €0 | €2,447 | +€2,447 | +12235800.0% |
| Accrued charges and deferred income | 492/3 | €148,488 | €135,375 | -€13,113 | -8.8% |
| Remuneration, social security and pensions | 62 | €1,806,109 | €1,990,349 | +€184,240 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,968 | €247,725 | +€107,757 | +77.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,686 | €0 | +€14,686 | |
| Other operating charges | 640/8 | €11,641 | €19,507 | +€7,867 | +67.6% |
| Non-recurring operating charges | 66A | - | €35,000 | +€35,000 | |
| Gross operating margin | 9900 | €1,943,021 | €2,337,605 | +€394,584 | +20.3% |
| Operating profit (loss) | 9901 | -€11 | €45,024 | +€45,035 | |
| Financial income | 75/76B | €153 | €3 | -€149 | -97.9% |
| Recurring financial income | 75 | €153 | €3 | -€149 | -97.9% |
| Financial charges | 65/66B | €22,638 | €28,231 | +€5,593 | +24.7% |
| Recurring financial charges | 65 | €22,638 | €28,231 | +€5,593 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,496 | €16,796 | +€39,292 | |
| Income taxes | 67/77 | €12,041 | €11,902 | -€139 | -1.2% |
| Profit (loss) for the period | 9904 | -€34,537 | €4,894 | +€39,432 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,537 | €4,894 | +€39,432 |
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 29 September 2026 via checked.be.