CKSB BENELUX: 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.
CKSB BENELUX
Largest movements
- Current investments -€199,572
down €199,572 (-57.0%), from €350,000 to €150,428
- Cash +€90,624
up €90,624 (+378%), from €23,970 to €114,594
mainly Net result for the year (+€262,665) and Current investments (+€199,572)
- Tangible fixed assets -€49,851
no longer reported in 2025 (was €49,851)
of which Land and buildings: -€26,994
- Receivables within one year +€19,656
new in 2025: €19,656
- Other debts -€401,135
down €401,135 (-92.3%), from €434,546 to €33,412
- Reserves +€180,000
up €180,000 (+1,008%), from €17,850 to €197,850
- Profit (loss) carried forward +€82,665
up €82,665 (+86.4%), from -€95,643 to -€12,977
- Gross operating margin +€346,397
up €346,397, from -€1,678 to €344,719
- Taxes +€81,304
new in 2025: €81,304
- Write-downs -€9,600
no longer reported in 2025 (was €9,600)
- Financial income -€9,447
down €9,447 (-74.7%), from €12,646 to €3,199
- Depreciation -€6,957
no longer reported in 2025 (was €6,957)
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 | €423,871 | €284,677 | -€139,194 | -32.8% |
| Fixed assets | 21/28 | €49,901 | - | -€49,901 | |
| Tangible fixed assets | 22/27 | €49,851 | - | -€49,851 | |
| Land and buildings | 22 | €26,994 | - | -€26,994 | |
| Plant, machinery and equipment | 23 | €22,858 | - | -€22,858 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €373,970 | €284,677 | -€89,293 | -23.9% |
| Amounts receivable within one year | 40/41 | - | €19,656 | +€19,656 | |
| Other amounts receivable | 41 | - | €19,656 | +€19,656 | |
| Current investments | 50/53 | €350,000 | €150,428 | -€199,572 | -57.0% |
| Cash at bank and in hand | 54/58 | €23,970 | €114,594 | +€90,624 | +378% |
| Total equity and liabilities | 10/49 | €423,871 | €284,677 | -€139,194 | -32.8% |
| Equity | 10/15 | -€12,793 | €249,873 | +€262,665 | |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €17,850 | €197,850 | +€180,000 | +1,008% |
| Distributable reserves | 133 | €17,850 | €197,850 | +€180,000 | +1,008% |
| Profit (loss) carried forward | 14 | -€95,643 | -€12,977 | +€82,665 | +86.4% |
| Amounts payable | 17/49 | €436,664 | €34,804 | -€401,860 | -92.0% |
| Amounts payable within one year | 42/48 | €436,664 | €34,804 | -€401,860 | -92.0% |
| Trade debts | 44 | €2,118 | €1,393 | -€725 | -34.2% |
| Suppliers | 440/4 | €2,118 | €1,393 | -€725 | -34.2% |
| Other amounts payable | 47/48 | €434,546 | €33,412 | -€401,135 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,957 | - | -€6,957 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,600 | - | -€9,600 | |
| Other operating charges | 640/8 | €1,362 | €577 | -€785 | -57.6% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | -€1,678 | €344,719 | +€346,397 | |
| Operating profit (loss) | 9901 | -€19,598 | €344,091 | +€363,689 | |
| Financial income | 75/76B | €12,646 | €3,199 | -€9,447 | -74.7% |
| Recurring financial income | 75 | €12,646 | €3,199 | -€9,447 | -74.7% |
| Financial charges | 65/66B | €36 | €3,321 | +€3,285 | +9,125% |
| Recurring financial charges | 65 | €36 | €3,321 | +€3,285 | +9,125% |
| Profit (loss) for the period before taxes | 9903 | -€6,987 | €343,970 | +€350,957 | |
| Income taxes | 67/77 | - | €81,304 | +€81,304 | |
| Profit (loss) for the period | 9904 | -€6,987 | €262,665 | +€269,653 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,987 | €262,665 | +€269,653 |
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 15 October 2026 via checked.be.