C.R.C.: 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.
C.R.C.
Largest movements
- Cash -€13,915
down €13,915 (-6.2%), from €225,944 to €212,029
mainly Debts after one year (-€42,209) and Trade debts (-€25,497)
- Tangible fixed assets -€13,410
down €13,410 (-13.5%), from €99,547 to €86,137
of which Land and buildings: -€14,938
- Financial fixed assets -€4,655
down €4,655 (-93.6%), from €4,974 to €319
- Debts after one year -€42,209
down €42,209 (-93.7%), from €45,071 to €2,862
- Trade debts -€25,497
down €25,497 (-29.8%), from €85,616 to €60,119
of which Bills of exchange payable: -€85,616
- Current portion of long-term debt +€21,356
up €21,356 (+102%), from €20,854 to €42,210
- Profit (loss) carried forward +€17,767
up €17,767 (+234%), from €7,579 to €25,346
- Other debts -€10,001
down €10,001 (-69.6%), from €14,369 to €4,368
- Gross operating margin +€28,564
up €28,564 (+18.9%), from €151,333 to €179,897
- Financial income -€20,359
down €20,359 (-96.2%), from €21,173 to €814
of which Non-recurring financial income: -€21,004
- Staff costs -€8,348
down €8,348 (-6.2%), from €134,229 to €125,881
- Depreciation -€3,216
down €3,216 (-16.5%), from €19,460 to €16,244
- Taxes +€2,632
up €2,632 (+41.7%), from €6,317 to €8,949
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 | €403,278 | €365,362 | -€37,916 | -9.4% |
| Fixed assets | 21/28 | €104,521 | €86,456 | -€18,065 | -17.3% |
| Tangible fixed assets | 22/27 | €99,547 | €86,137 | -€13,410 | -13.5% |
| Land and buildings | 22 | €92,659 | €77,721 | -€14,938 | -16.1% |
| Furniture and vehicles | 24 | €6,888 | €8,416 | +€1,528 | +22.2% |
| Financial fixed assets | 28 | €4,974 | €319 | -€4,655 | -93.6% |
| Current assets | 29/58 | €298,757 | €278,906 | -€19,851 | -6.6% |
| Stocks and contracts in progress | 3 | €18,422 | €15,029 | -€3,393 | -18.4% |
| Stocks | 30/36 | €18,422 | €15,029 | -€3,393 | -18.4% |
| Amounts receivable within one year | 40/41 | €49,847 | €48,932 | -€915 | -1.8% |
| Trade receivables | 40 | €40,789 | €41,428 | +€639 | +1.6% |
| Other amounts receivable | 41 | €9,058 | €7,505 | -€1,553 | -17.1% |
| Cash at bank and in hand | 54/58 | €225,944 | €212,029 | -€13,915 | -6.2% |
| Deferred charges and accrued income | 490/1 | €4,544 | €2,916 | -€1,628 | -35.8% |
| Total equity and liabilities | 10/49 | €403,278 | €365,362 | -€37,916 | -9.4% |
| Equity | 10/15 | €228,336 | €246,103 | +€17,767 | +7.8% |
| Contributions | 10/11 | €43,381 | €43,381 | +€0 | 0.0% |
| Reserves | 13 | €177,376 | €177,376 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €4,381 | €4,381 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,381 | €4,381 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,796 | €18,796 | +€0 | 0.0% |
| Distributable reserves | 133 | €154,199 | €154,199 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €7,579 | €25,346 | +€17,767 | +234% |
| Amounts payable | 17/49 | €174,942 | €119,258 | -€55,684 | -31.8% |
| Amounts payable after more than one year | 17 | €45,071 | €2,862 | -€42,209 | -93.7% |
| Financial debts | 170/4 | €45,071 | €2,862 | -€42,209 | -93.7% |
| Amounts payable within one year | 42/48 | €129,871 | €116,397 | -€13,474 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €20,854 | €42,210 | +€21,356 | +102% |
| Trade debts | 44 | €85,616 | €60,119 | -€25,497 | -29.8% |
| Suppliers | 440/4 | - | €60,119 | +€60,119 | |
| Bills of exchange payable | 441 | €85,616 | - | -€85,616 | |
| Taxes, remuneration and social security | 45 | €9,032 | €9,699 | +€667 | +7.4% |
| Remuneration and social security | 454/9 | €9,032 | €9,699 | +€667 | +7.4% |
| Other amounts payable | 47/48 | €14,369 | €4,368 | -€10,001 | -69.6% |
| Remuneration, social security and pensions | 62 | €134,229 | €125,881 | -€8,348 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,460 | €16,244 | -€3,216 | -16.5% |
| Other operating charges | 640/8 | €6,715 | €5,269 | -€1,446 | -21.5% |
| Gross operating margin | 9900 | €151,333 | €179,897 | +€28,564 | +18.9% |
| Operating profit (loss) | 9901 | -€9,071 | €32,502 | +€41,573 | |
| Financial income | 75/76B | €21,173 | €814 | -€20,359 | -96.2% |
| Recurring financial income | 75 | €169 | €814 | +€645 | +381% |
| Non-recurring financial income | 76B | €21,004 | - | -€21,004 | |
| Financial charges | 65/66B | €4,614 | €6,600 | +€1,986 | +43.0% |
| Recurring financial charges | 65 | €3,377 | €3,997 | +€620 | +18.3% |
| Non-recurring financial charges | 66B | €1,237 | €2,603 | +€1,366 | +110% |
| Profit (loss) for the period before taxes | 9903 | €7,488 | €26,716 | +€19,228 | +257% |
| Income taxes | 67/77 | €6,317 | €8,949 | +€2,632 | +41.7% |
| Profit (loss) for the period | 9904 | €1,171 | €17,767 | +€16,596 | +1,417% |
| Profit (loss) for the period to be appropriated | 9905 | €1,171 | €17,767 | +€16,596 | +1,417% |
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 17 October 2026 via checked.be.