CKM Anders: 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.
CKM Anders
Largest movements
- Cash +€25,524
up €25,524 (+62.8%), from €40,614 to €66,138
mainly Net result for the year (+€21,094) and Tax, wage and social debts (+€8,909)
- Reserves +€21,094
up €21,094 (+15.4%), from €137,227 to €158,320
- Tax, wage and social debts +€8,909
up €8,909 (+50.7%), from €17,574 to €26,483
of which Taxes: +€9,444
- Current portion of long-term debt -€4,507
no longer reported in 2025 (was €4,507)
- Gross operating margin +€31,269
up €31,269 (+37.8%), from €82,642 to €113,911
- Financial income +€22,457
up €22,457 (+1,386%), from €1,620 to €24,077
of which Non-recurring financial income: +€16,956
- Staff costs +€4,895
up €4,895 (+4.8%), from €102,034 to €106,929
- Depreciation -€4,122
down €4,122 (-48.7%), from €8,469 to €4,347
- Taxes +€2,109
up €2,109 (+21,093,600%), from €0 to €2,109
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 | €112,354 | €137,856 | +€25,502 | +22.7% |
| Fixed assets | 21/28 | €17,291 | €18,322 | +€1,031 | +6.0% |
| Tangible fixed assets | 22/27 | €13,691 | €14,722 | +€1,031 | +7.5% |
| Land and buildings | 22 | €1,892 | €1,399 | -€494 | -26.1% |
| Plant, machinery and equipment | 23 | €5,211 | €4,011 | -€1,200 | -23.0% |
| Furniture and vehicles | 24 | €6,588 | €9,313 | +€2,725 | +41.4% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €95,063 | €119,534 | +€24,471 | +25.7% |
| Stocks and contracts in progress | 3 | €3,407 | €3,053 | -€354 | -10.4% |
| Stocks | 30/36 | €3,407 | €3,053 | -€354 | -10.4% |
| Amounts receivable within one year | 40/41 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 40 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,614 | €66,138 | +€25,524 | +62.8% |
| Deferred charges and accrued income | 490/1 | €1,042 | €343 | -€699 | -67.1% |
| Total equity and liabilities | 10/49 | €112,354 | €137,856 | +€25,502 | +22.7% |
| Equity | 10/15 | €76,585 | €97,679 | +€21,094 | +27.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €137,227 | €158,320 | +€21,094 | +15.4% |
| Distributable reserves | 133 | €137,227 | €158,320 | +€21,094 | +15.4% |
| Profit (loss) carried forward | 14 | -€70,642 | -€70,642 | = | 0.0% |
| Amounts payable | 17/49 | €35,769 | €40,178 | +€4,408 | +12.3% |
| Amounts payable within one year | 42/48 | €35,769 | €40,178 | +€4,408 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €4,507 | - | -€4,507 | |
| Trade debts | 44 | €9,744 | €10,022 | +€278 | +2.9% |
| Suppliers | 440/4 | €9,744 | €10,022 | +€278 | +2.9% |
| Taxes, remuneration and social security | 45 | €17,574 | €26,483 | +€8,909 | +50.7% |
| Taxes | 450/3 | €15,857 | €25,301 | +€9,444 | +59.6% |
| Remuneration and social security | 454/9 | €1,717 | €1,182 | -€535 | -31.2% |
| Other amounts payable | 47/48 | €3,944 | €3,673 | -€271 | -6.9% |
| Remuneration, social security and pensions | 62 | €102,034 | €106,929 | +€4,895 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,469 | €4,347 | -€4,122 | -48.7% |
| Other operating charges | 640/8 | €1,128 | €387 | -€741 | -65.7% |
| Gross operating margin | 9900 | €82,642 | €113,911 | +€31,269 | +37.8% |
| Operating profit (loss) | 9901 | -€28,989 | €2,248 | +€31,237 | |
| Financial income | 75/76B | €1,620 | €24,077 | +€22,457 | +1,386% |
| Recurring financial income | 75 | €2 | €5,503 | +€5,501 | +339,582% |
| Non-recurring financial income | 76B | €1,618 | €18,574 | +€16,956 | +1,048% |
| Financial charges | 65/66B | €1,017 | €3,121 | +€2,104 | +207% |
| Recurring financial charges | 65 | €1,017 | €1,321 | +€304 | +29.9% |
| Non-recurring financial charges | 66B | - | €1,800 | +€1,800 | |
| Profit (loss) for the period before taxes | 9903 | -€28,386 | €23,203 | +€51,590 | |
| Income taxes | 67/77 | €0 | €2,109 | +€2,109 | +21,093,600% |
| Profit (loss) for the period | 9904 | -€28,386 | €21,094 | +€49,480 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,386 | €21,094 | +€49,480 |
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 14 October 2026 via checked.be.