TChristiaensen: 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.
TChristiaensen
Largest movements
- Cash +€9,286
up €9,286 (+54.9%), from €16,915 to €26,201
mainly Receivables within one year (+€7,478) and Net result for the year (+€6,393)
- Receivables within one year -€7,478
down €7,478 (-45.8%), from €16,335 to €8,857
of which Trade receivables: -€7,932
- Tangible fixed assets +€2,104
up €2,104 (+228.7%), from €920 to €3,024
- Profit (loss) carried forward +€5,560
up €5,560 (+28.7%), from €19,403 to €24,963
- Tax, wage and social debts -€1,775
down €1,775 (-13.2%), from €13,408 to €11,633
- Other debts -€1,249
down €1,249 (-51.3%), from €2,433 to €1,184
- Trade debts +€1,205
up €1,205 (+29.4%), from €4,096 to €5,301
- Gross operating margin -€21,515
down €21,515 (-65.9%), from €32,628 to €11,114
- Taxes -€2,741
down €2,741 (-43.5%), from €6,305 to €3,564
- Depreciation +€356
up €356 (+76.0%), from €468 to €824
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 | €42,339 | €46,316 | +€3,977 | +9.4% |
| Fixed assets | 21/28 | €920 | €3,024 | +€2,104 | +228.7% |
| Tangible fixed assets | 22/27 | €920 | €3,024 | +€2,104 | +228.7% |
| Plant, machinery and equipment | 23 | €920 | €3,024 | +€2,104 | +228.7% |
| Current assets | 29/58 | €41,419 | €43,291 | +€1,873 | +4.5% |
| Amounts receivable within one year | 40/41 | €16,335 | €8,857 | -€7,478 | -45.8% |
| Trade receivables | 40 | €16,335 | €8,403 | -€7,932 | -48.6% |
| Other amounts receivable | 41 | €0 | €454 | +€454 | |
| Cash at bank and in hand | 54/58 | €16,915 | €26,201 | +€9,286 | +54.9% |
| Deferred charges and accrued income | 490/1 | €8,169 | €8,233 | +€65 | +0.8% |
| Total equity and liabilities | 10/49 | €42,339 | €46,316 | +€3,977 | +9.4% |
| Equity | 10/15 | €22,403 | €27,963 | +€5,560 | +24.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,403 | €24,963 | +€5,560 | +28.7% |
| Amounts payable | 17/49 | €19,936 | €18,353 | -€1,583 | -7.9% |
| Amounts payable within one year | 42/48 | €19,936 | €18,118 | -€1,819 | -9.1% |
| Trade debts | 44 | €4,096 | €5,301 | +€1,205 | +29.4% |
| Suppliers | 440/4 | €4,096 | €5,301 | +€1,205 | +29.4% |
| Taxes, remuneration and social security | 45 | €13,408 | €11,633 | -€1,775 | -13.2% |
| Taxes | 450/3 | €13,408 | €11,633 | -€1,775 | -13.2% |
| Other amounts payable | 47/48 | €2,433 | €1,184 | -€1,249 | -51.3% |
| Accrued charges and deferred income | 492/3 | €0 | €235 | +€235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €468 | €824 | +€356 | +76.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €32,628 | €11,114 | -€21,515 | -65.9% |
| Operating profit (loss) | 9901 | €32,042 | €10,170 | -€21,873 | -68.3% |
| Financial income | 75/76B | €5 | €62 | +€57 | +1108.7% |
| Recurring financial income | 75 | €5 | €62 | +€57 | +1108.7% |
| Financial charges | 65/66B | €42 | €275 | +€233 | +553.5% |
| Recurring financial charges | 65 | €42 | €275 | +€233 | +553.5% |
| Profit (loss) for the period before taxes | 9903 | €32,005 | €9,957 | -€22,049 | -68.9% |
| Income taxes | 67/77 | €6,305 | €3,564 | -€2,741 | -43.5% |
| Profit (loss) for the period | 9904 | €25,701 | €6,393 | -€19,308 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,701 | €6,393 | -€19,308 | -75.1% |
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.