C.R.M. net: 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. net
Largest movements
- Receivables within one year +€4,449
up €4,449 (+23.6%), from €18,827 to €23,276
- Tangible fixed assets -€1,614
down €1,614 (-6.5%), from €24,649 to €23,035
- Trade debts +€2,883
up €2,883 (+23.8%), from €12,105 to €14,988
- Profit (loss) carried forward -€1,123
down €1,123 (-47.6%), from -€2,360 to -€3,483
- Short-term financial debts +€963
new in 2025: €963
- Gross operating margin -€777
down €777 (-31.7%), from €2,451 to €1,674
- Other operating charges -€323
down €323 (-24.7%), from €1,308 to €985
- Depreciation -€223
down €223 (-12.1%), from €1,837 to €1,614
- Financial charges -€116
down €116 (-36.9%), from €314 to €198
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 | €43,596 | €46,319 | +€2,723 | +6.2% |
| Fixed assets | 21/28 | €24,649 | €23,035 | -€1,614 | -6.5% |
| Tangible fixed assets | 22/27 | €24,649 | €23,035 | -€1,614 | -6.5% |
| Land and buildings | 22 | €24,649 | €23,035 | -€1,614 | -6.5% |
| Current assets | 29/58 | €18,947 | €23,285 | +€4,337 | +22.9% |
| Amounts receivable within one year | 40/41 | €18,827 | €23,276 | +€4,449 | +23.6% |
| Other amounts receivable | 41 | €18,827 | €23,276 | +€4,449 | +23.6% |
| Cash at bank and in hand | 54/58 | €120 | €8 | -€111 | -93.0% |
| Total equity and liabilities | 10/49 | €43,596 | €46,319 | +€2,723 | +6.2% |
| Equity | 10/15 | €31,491 | €30,368 | -€1,123 | -3.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €15,259 | €15,259 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,400 | €13,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,360 | -€3,483 | -€1,123 | -47.6% |
| Amounts payable | 17/49 | €12,105 | €15,951 | +€3,846 | +31.8% |
| Amounts payable within one year | 42/48 | €12,105 | €15,951 | +€3,846 | +31.8% |
| Financial debts | 43 | - | €963 | +€963 | |
| Credit institutions | 430/8 | - | €963 | +€963 | |
| Trade debts | 44 | €12,105 | €14,988 | +€2,883 | +23.8% |
| Suppliers | 440/4 | €12,105 | €14,988 | +€2,883 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,837 | €1,614 | -€223 | -12.1% |
| Other operating charges | 640/8 | €1,308 | €985 | -€323 | -24.7% |
| Gross operating margin | 9900 | €2,451 | €1,674 | -€777 | -31.7% |
| Operating profit (loss) | 9901 | -€695 | -€925 | -€230 | -33.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.6% |
| Financial charges | 65/66B | €314 | €198 | -€116 | -36.9% |
| Recurring financial charges | 65 | €314 | €198 | -€116 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,008 | -€1,123 | -€115 | -11.4% |
| Profit (loss) for the period | 9904 | -€1,008 | -€1,123 | -€115 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,008 | -€1,123 | -€115 | -11.4% |
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 25 October 2026 via checked.be.