CKP-BUILD: 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.
CKP-BUILD
Largest movements
- Stocks and contracts -€53,618
down €53,618 (-98.7%), from €54,315 to €697
of which Contracts in progress: -€40,000
- Tangible fixed assets +€41,572
up €41,572 (+2958.0%), from €1,405 to €42,978
of which Leasing and similar rights: +€42,209
- Receivables within one year -€23,247
down €23,247 (-50.8%), from €45,732 to €22,486
of which Trade receivables: -€25,620
- Cash -€7,800
down €7,800 (-83.4%), from €9,350 to €1,550
mainly Other debts (-€87,537) and Investment in fixed assets (net) (-€51,355)
- Deferred charges and accrued income +€1,555
up €1,555 (+145.2%), from €1,071 to €2,626
- Other debts -€87,537
down €87,537 (-91.4%), from €95,758 to €8,221
- Debts after one year +€33,776
new in 2025: €33,776
- Trade debts +€17,908
up €17,908 (+233.4%), from €7,673 to €25,581
- Profit (loss) carried forward -€16,907
down €16,907 (-161.8%), from -€10,450 to -€27,357
- Current portion of long-term debt +€9,336
new in 2025: €9,336
- Depreciation +€9,145
up €9,145 (+1435.2%), from €637 to €9,783
- Gross operating margin -€5,526
down €5,526, from €2,848 to -€2,678
- Financial charges +€1,696
up €1,696 (+258.1%), from €657 to €2,354
- Write-downs +€1,000
new in 2025: €1,000
- Other operating charges +€313
up €313 (+40.1%), from €780 to €1,092
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.
Cash bridge derived
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 | €111,873 | €70,336 | -€41,537 | -37.1% |
| Fixed assets | 21/28 | €1,405 | €42,978 | +€41,572 | +2958.0% |
| Tangible fixed assets | 22/27 | €1,405 | €42,978 | +€41,572 | +2958.0% |
| Plant, machinery and equipment | 23 | €1,405 | €768 | -€637 | -45.3% |
| Leasing and similar rights | 25 | - | €42,209 | +€42,209 | |
| Current assets | 29/58 | €110,468 | €27,358 | -€83,110 | -75.2% |
| Stocks and contracts in progress | 3 | €54,315 | €697 | -€53,618 | -98.7% |
| Stocks | 30/36 | €14,315 | €697 | -€13,618 | -95.1% |
| Contracts in progress | 37 | €40,000 | €0 | -€40,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €45,732 | €22,486 | -€23,247 | -50.8% |
| Trade receivables | 40 | €45,732 | €20,112 | -€25,620 | -56.0% |
| Other amounts receivable | 41 | €0 | €2,373 | +€2,373 | |
| Cash at bank and in hand | 54/58 | €9,350 | €1,550 | -€7,800 | -83.4% |
| Deferred charges and accrued income | 490/1 | €1,071 | €2,626 | +€1,555 | +145.2% |
| Total equity and liabilities | 10/49 | €111,873 | €70,336 | -€41,537 | -37.1% |
| Equity | 10/15 | €8,142 | -€8,765 | -€16,907 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,450 | -€27,357 | -€16,907 | -161.8% |
| Amounts payable | 17/49 | €103,731 | €79,100 | -€24,631 | -23.7% |
| Amounts payable after more than one year | 17 | - | €33,776 | +€33,776 | |
| Financial debts | 170/4 | - | €33,776 | +€33,776 | |
| Amounts payable within one year | 42/48 | €103,731 | €45,324 | -€58,407 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | - | €9,336 | +€9,336 | |
| Financial debts | 43 | - | €1,971 | +€1,971 | |
| Credit institutions | 430/8 | - | €1,971 | +€1,971 | |
| Trade debts | 44 | €7,673 | €25,581 | +€17,908 | +233.4% |
| Suppliers | 440/4 | €7,673 | €25,581 | +€17,908 | +233.4% |
| Taxes, remuneration and social security | 45 | €300 | €215 | -€85 | -28.4% |
| Taxes | 450/3 | €300 | €215 | -€85 | -28.4% |
| Other amounts payable | 47/48 | €95,758 | €8,221 | -€87,537 | -91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €637 | €9,783 | +€9,145 | +1435.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | €780 | €1,092 | +€313 | +40.1% |
| Gross operating margin | 9900 | €2,848 | -€2,678 | -€5,526 | |
| Operating profit (loss) | 9901 | €1,431 | -€14,553 | -€15,984 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €657 | €2,354 | +€1,696 | +258.1% |
| Recurring financial charges | 65 | €657 | €2,354 | +€1,696 | +258.1% |
| Profit (loss) for the period before taxes | 9903 | €774 | -€16,907 | -€17,681 | |
| Profit (loss) for the period | 9904 | €774 | -€16,907 | -€17,681 | |
| Profit (loss) for the period to be appropriated | 9905 | €774 | -€16,907 | -€17,681 |
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 11 October 2026 via checked.be.