C.R.S.: 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.S.
Largest movements
- Cash -€25,737
down €25,737 (-43.9%), from €58,563 to €32,826
mainly Net result for the year (-€27,550) and Other debts (-€15,087)
- Tangible fixed assets -€10,727
down €10,727 (-41.0%), from €26,157 to €15,430
- Stocks and contracts +€3,446
up €3,446 (+3.0%), from €116,752 to €120,199
- Profit (loss) carried forward -€27,550
new in 2025: -€27,550
- Other debts -€15,087
down €15,087 (-22.4%), from €67,411 to €52,324
- Trade debts +€11,538
up €11,538 (+42.0%), from €27,480 to €39,018
- Tax, wage and social debts -€3,665
down €3,665 (-96.1%), from €3,815 to €150
- Gross operating margin -€45,599
down €45,599, from €29,755 to -€15,845
- Taxes -€3,665
down €3,665 (-96.1%), from €3,815 to €150
- Other operating charges -€869
down €869 (-39.0%), from €2,230 to €1,360
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 | €211,730 | €176,966 | -€34,764 | -16.4% |
| Fixed assets | 21/28 | €26,157 | €15,430 | -€10,727 | -41.0% |
| Tangible fixed assets | 22/27 | €26,157 | €15,430 | -€10,727 | -41.0% |
| Furniture and vehicles | 24 | €26,157 | €15,430 | -€10,727 | -41.0% |
| Current assets | 29/58 | €185,573 | €161,536 | -€24,037 | -13.0% |
| Stocks and contracts in progress | 3 | €116,752 | €120,199 | +€3,446 | +3.0% |
| Stocks | 30/36 | €116,752 | €120,199 | +€3,446 | +3.0% |
| Amounts receivable within one year | 40/41 | €10,257 | €8,511 | -€1,746 | -17.0% |
| Trade receivables | 40 | - | €415 | +€415 | |
| Other amounts receivable | 41 | €10,257 | €8,097 | -€2,161 | -21.1% |
| Cash at bank and in hand | 54/58 | €58,563 | €32,826 | -€25,737 | -43.9% |
| Total equity and liabilities | 10/49 | €211,730 | €176,966 | -€34,764 | -16.4% |
| Equity | 10/15 | €113,024 | €85,474 | -€27,550 | -24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,424 | €94,424 | = | 0.0% |
| Distributable reserves | 133 | €94,424 | €94,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,550 | -€27,550 | |
| Amounts payable | 17/49 | €98,706 | €91,492 | -€7,214 | -7.3% |
| Amounts payable within one year | 42/48 | €98,706 | €91,492 | -€7,214 | -7.3% |
| Trade debts | 44 | €27,480 | €39,018 | +€11,538 | +42.0% |
| Suppliers | 440/4 | €27,480 | €39,018 | +€11,538 | +42.0% |
| Taxes, remuneration and social security | 45 | €3,815 | €150 | -€3,665 | -96.1% |
| Taxes | 450/3 | €3,815 | €150 | -€3,665 | -96.1% |
| Other amounts payable | 47/48 | €67,411 | €52,324 | -€15,087 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,727 | €10,727 | = | 0.0% |
| Other operating charges | 640/8 | €2,230 | €1,360 | -€869 | -39.0% |
| Gross operating margin | 9900 | €29,755 | -€15,845 | -€45,599 | |
| Operating profit (loss) | 9901 | €16,798 | -€27,932 | -€44,730 | |
| Financial income | 75/76B | €905 | €773 | -€132 | -14.6% |
| Recurring financial income | 75 | €905 | €773 | -€132 | -14.6% |
| Financial charges | 65/66B | €448 | €240 | -€207 | -46.3% |
| Recurring financial charges | 65 | €448 | €240 | -€207 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €17,255 | -€27,400 | -€44,654 | |
| Income taxes | 67/77 | €3,815 | €150 | -€3,665 | -96.1% |
| Profit (loss) for the period | 9904 | €13,440 | -€27,550 | -€40,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,440 | -€27,550 | -€40,989 |
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 23 October 2026 via checked.be.