C.R.M.: 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.M.
Largest movements
- Receivables within one year +€3,850
up €3,850 (+2.2%), from €178,800 to €182,650
- Tangible fixed assets -€2,296
down €2,296 (-4.9%), from €46,598 to €44,301
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€158
down €158 (-50.3%), from €314 to €156
- Gross operating margin -€117
down €117 (-2.9%), from €4,086 to €3,969
- Other operating charges +€59
up €59 (+3.3%), from €1,821 to €1,880
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 | €226,518 | €227,086 | +€568 | +0.3% |
| Fixed assets | 21/28 | €46,598 | €44,301 | -€2,296 | -4.9% |
| Tangible fixed assets | 22/27 | €46,598 | €44,301 | -€2,296 | -4.9% |
| Land and buildings | 22 | €46,598 | €44,301 | -€2,296 | -4.9% |
| Current assets | 29/58 | €179,920 | €182,784 | +€2,864 | +1.6% |
| Amounts receivable within one year | 40/41 | €178,800 | €182,650 | +€3,850 | +2.2% |
| Other amounts receivable | 41 | €178,800 | €182,650 | +€3,850 | +2.2% |
| Cash at bank and in hand | 54/58 | €1,120 | €135 | -€986 | -88.0% |
| Total equity and liabilities | 10/49 | €226,518 | €227,086 | +€568 | +0.3% |
| Equity | 10/15 | €223,799 | €223,536 | -€263 | -0.1% |
| Contributions | 10/11 | €61,550 | €61,550 | = | 0.0% |
| Capital | 10 | €61,550 | €61,550 | = | 0.0% |
| Issued capital | 100 | €61,550 | €61,550 | = | 0.0% |
| Reserves | 13 | €32,916 | €32,615 | -€301 | -0.9% |
| Non-distributable reserves | 130/1 | €6,155 | €6,155 | = | 0.0% |
| Legal reserve | 130 | €6,155 | €6,155 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,114 | €2,813 | -€301 | -9.7% |
| Distributable reserves | 133 | €23,647 | €23,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,333 | €129,372 | +€38 | 0.0% |
| Provisions and deferred taxes | 16 | €1,038 | €938 | -€100 | -9.7% |
| Deferred taxes | 168 | €1,038 | €938 | -€100 | -9.7% |
| Amounts payable | 17/49 | €1,680 | €2,612 | +€932 | +55.5% |
| Amounts payable within one year | 42/48 | €1,680 | €2,612 | +€932 | +55.5% |
| Trade debts | 44 | €1,680 | €2,612 | +€932 | +55.5% |
| Suppliers | 440/4 | €1,680 | €2,612 | +€932 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,296 | €2,296 | = | 0.0% |
| Other operating charges | 640/8 | €1,821 | €1,880 | +€59 | +3.3% |
| Gross operating margin | 9900 | €4,086 | €3,969 | -€117 | -2.9% |
| Operating profit (loss) | 9901 | -€31 | -€207 | -€177 | -576.2% |
| Financial charges | 65/66B | €314 | €156 | -€158 | -50.3% |
| Recurring financial charges | 65 | €314 | €156 | -€158 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | -€345 | -€364 | -€19 | -5.5% |
| Transfer from deferred taxes | 780 | €100 | €100 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€244 | -€263 | -€19 | -7.7% |
| Transfer from tax-exempt reserves | 789 | €301 | €301 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57 | €38 | -€19 | -33.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.