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COMPLEXE CK: 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.

What changed

COMPLEXE CK

BE 0867.582.648
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,517
2024 · €38,306-€2,789
Equity
€268,370
2024 · €249,978+€18,392
Cash
€130,103
2024 · €133,068-€2,965
Balance sheet total
€350,449
2024 · €340,678+€9,771

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€18,720

    up €18,720 (+9.6%), from €194,855 to €213,575

    of which Land and buildings: +€26,350

Equity and liabilities
  • Reserves +€18,392

    up €18,392 (+9.8%), from €187,478 to €205,870

    of which Distributable reserves: +€35,517

  • Current portion of long-term debt -€7,011

    no longer reported in 2025 (was €7,011)

Income statement
  • Depreciation +€3,887

    up €3,887 (+19.0%), from €20,444 to €24,331

  • Financial charges +€3,667

    up €3,667 (+840.4%), from €436 to €4,103

  • Gross operating margin +€2,604

    up €2,604 (+3.2%), from €81,335 to €83,939

  • Taxes -€1,650

    down €1,650 (-7.5%), from €21,962 to €20,312

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €38,306
Gross operating margin +€2,604
Depreciation -€3,887
Other operating charges -€33
Financial income +€543
Financial charges -€3,667
Taxes +€1,650
Result 2025 €35,517

Cash bridge derived

cash 2024 to 2025

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.

From operations +€64,221
Investment -€43,051
Financing -€24,136
Cash 2024 €133,068
Net result for the year +€35,517
Depreciation +€24,331
Receivables within one year +€2,650
Deferred charges and accrued income +€3,333
Smaller working-capital items -€35
Other debts -€1,574
Investment in fixed assets (net) -€43,051
Current portion of long-term debt -€7,011
Contributions, distributions and other -€17,124
Cash 2025 €130,103
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €340,678 €350,449 +€9,771 +2.9%
Fixed assets 21/28 €194,855 €213,575 +€18,720 +9.6%
Tangible fixed assets 22/27 €194,855 €213,575 +€18,720 +9.6%
Land and buildings 22 €180,669 €207,019 +€26,350 +14.6%
Plant, machinery and equipment 23 €1,088 €338 -€750 -68.9%
Furniture and vehicles 24 €13,098 €6,218 -€6,880 -52.5%
Current assets 29/58 €145,823 €136,874 -€8,949 -6.1%
Amounts receivable within one year 40/41 €2,650 - -€2,650
Trade receivables 40 €2,650 - -€2,650
Cash at bank and in hand 54/58 €133,068 €130,103 -€2,965 -2.2%
Deferred charges and accrued income 490/1 €10,105 €6,771 -€3,333 -33.0%
Total equity and liabilities 10/49 €340,678 €350,449 +€9,771 +2.9%
Equity 10/15 €249,978 €268,370 +€18,392 +7.4%
Contributions 10/11 €62,500 €62,500 = 0.0%
Capital 10 €62,500 €62,500 = 0.0%
Issued capital 100 €62,500 €62,500 = 0.0%
Reserves 13 €187,478 €205,870 +€18,392 +9.8%
Non-distributable reserves 130/1 €46,103 €28,978 -€17,124 -37.1%
Legal reserve 130 €6,250 €6,250 = 0.0%
Reserves not available under the articles 1311 €39,853 €22,728 -€17,124 -43.0%
Distributable reserves 133 €141,376 €176,892 +€35,517 +25.1%
Amounts payable 17/49 €90,700 €82,078 -€8,621 -9.5%
Amounts payable within one year 42/48 €90,700 €82,078 -€8,621 -9.5%
Current portion of amounts payable after more than one year 42 €7,011 - -€7,011
Trade debts 44 €1,493 €1,543 +€50 +3.3%
Suppliers 440/4 €1,493 €1,543 +€50 +3.3%
Taxes, remuneration and social security 45 €13,517 €13,432 -€85 -0.6%
Taxes 450/3 €13,517 €13,432 -€85 -0.6%
Other amounts payable 47/48 €68,677 €67,103 -€1,574 -2.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,444 €24,331 +€3,887 +19.0%
Other operating charges 640/8 €1,301 €1,334 +€33 +2.5%
Gross operating margin 9900 €81,335 €83,939 +€2,604 +3.2%
Operating profit (loss) 9901 €59,589 €58,273 -€1,316 -2.2%
Financial income 75/76B €1,115 €1,658 +€543 +48.7%
Recurring financial income 75 €1,115 €1,658 +€543 +48.7%
Financial charges 65/66B €436 €4,103 +€3,667 +840.4%
Recurring financial charges 65 €436 €4,103 +€3,667 +840.4%
Profit (loss) for the period before taxes 9903 €60,268 €55,828 -€4,440 -7.4%
Income taxes 67/77 €21,962 €20,312 -€1,650 -7.5%
Profit (loss) for the period 9904 €38,306 €35,517 -€2,789 -7.3%
Profit (loss) for the period to be appropriated 9905 €38,306 €35,517 -€2,789 -7.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.