CKS: 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.
CKS
Largest movements
- Cash -€97,786
down €97,786 (-77.9%), from €125,492 to €27,706
mainly Debts after one year (-€46,537) and Receivables within one year (-€33,771)
- Receivables within one year +€33,771
up €33,771 (+437%), from €7,737 to €41,507
of which Trade receivables: +€34,035
- Tangible fixed assets -€12,209
down €12,209 (-1.6%), from €760,260 to €748,051
of which Land and buildings: -€18,720
- Debts after one year -€46,537
down €46,537 (-10.8%), from €429,775 to €383,239
- Tax, wage and social debts -€23,401
down €23,401 (-56.1%), from €41,734 to €18,333
of which Taxes: -€20,901
- Other debts -€19,379
down €19,379 (-12.5%), from €154,993 to €135,614
- Trade debts +€11,433
up €11,433 (+413%), from €2,771 to €14,204
- Gross operating margin -€19,057
down €19,057 (-27.2%), from €69,979 to €50,922
- Taxes -€4,272
down €4,272 (-52.3%), from €8,160 to €3,889
- Depreciation -€2,875
down €2,875 (-9.2%), from €31,364 to €28,490
- Financial charges +€2,714
up €2,714 (+31.1%), from €8,722 to €11,436
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.
Derived cash bridge
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 | €894,913 | €820,913 | -€74,000 | -8.3% |
| Fixed assets | 21/28 | €760,260 | €748,051 | -€12,209 | -1.6% |
| Tangible fixed assets | 22/27 | €760,260 | €748,051 | -€12,209 | -1.6% |
| Land and buildings | 22 | €744,753 | €726,033 | -€18,720 | -2.5% |
| Plant, machinery and equipment | 23 | €932 | €6,327 | +€5,395 | +579% |
| Furniture and vehicles | 24 | €2,591 | €953 | -€1,638 | -63.2% |
| Other tangible fixed assets | 26 | €88 | - | -€88 | |
| Assets under construction and advance payments | 27 | €11,895 | €14,738 | +€2,843 | +23.9% |
| Current assets | 29/58 | €134,654 | €72,862 | -€61,791 | -45.9% |
| Amounts receivable within one year | 40/41 | €7,737 | €41,507 | +€33,771 | +437% |
| Trade receivables | 40 | €7,131 | €41,166 | +€34,035 | +477% |
| Other amounts receivable | 41 | €606 | €342 | -€264 | -43.6% |
| Cash at bank and in hand | 54/58 | €125,492 | €27,706 | -€97,786 | -77.9% |
| Deferred charges and accrued income | 490/1 | €1,425 | €3,649 | +€2,224 | +156% |
| Total equity and liabilities | 10/49 | €894,913 | €820,913 | -€74,000 | -8.3% |
| Equity | 10/15 | €169,887 | €171,171 | +€1,284 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,679 | €73,679 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,819 | €71,819 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,807 | €85,091 | +€1,284 | +1.5% |
| Amounts payable | 17/49 | €725,027 | €649,743 | -€75,284 | -10.4% |
| Amounts payable after more than one year | 17 | €429,775 | €383,239 | -€46,537 | -10.8% |
| Financial debts | 170/4 | €429,775 | €383,239 | -€46,537 | -10.8% |
| Amounts payable within one year | 42/48 | €294,946 | €264,128 | -€30,818 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €45,448 | €45,977 | +€529 | +1.2% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €2,771 | €14,204 | +€11,433 | +413% |
| Suppliers | 440/4 | €2,771 | €14,204 | +€11,433 | +413% |
| Taxes, remuneration and social security | 45 | €41,734 | €18,333 | -€23,401 | -56.1% |
| Taxes | 450/3 | €39,234 | €18,333 | -€20,901 | -53.3% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €154,993 | €135,614 | -€19,379 | -12.5% |
| Accrued charges and deferred income | 492/3 | €305 | €2,376 | +€2,071 | +679% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,364 | €28,490 | -€2,875 | -9.2% |
| Other operating charges | 640/8 | €6,148 | €5,824 | -€324 | -5.3% |
| Gross operating margin | 9900 | €69,979 | €50,922 | -€19,057 | -27.2% |
| Operating profit (loss) | 9901 | €32,466 | €16,608 | -€15,859 | -48.8% |
| Financial charges | 65/66B | €8,722 | €11,436 | +€2,714 | +31.1% |
| Recurring financial charges | 65 | €8,722 | €11,436 | +€2,714 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €23,745 | €5,172 | -€18,573 | -78.2% |
| Income taxes | 67/77 | €8,160 | €3,889 | -€4,272 | -52.3% |
| Profit (loss) for the period | 9904 | €15,585 | €1,284 | -€14,301 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,585 | €1,284 | -€14,301 | -91.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.