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
- Current assets -€65,534
down €65,534 (-43.5%), from €150,554 to €85,020
of which Receivables within one year: -€117,623
- Tangible fixed assets -€8,750
down €8,750 (-9.3%), from €94,405 to €85,655
- Contributions -€43,600
no longer reported in 2020 (was €43,600)
- Reserves +€43,600
up €43,600 (+1,359%), from €3,208 to €46,808
- Profit (loss) carried forward -€36,331
down €36,331 (-75.8%), from €47,915 to €11,584
- Debts within one year -€29,650
down €29,650 (-33.0%), from €89,769 to €60,119
of which Trade debts: -€16,617
- Debts after one year -€10,381
down €10,381 (-8.0%), from €130,422 to €120,041
- Gross operating margin -€25,892
down €25,892, from €10,711 to -€15,181
- Financial charges +€6,182
new in 2020: €6,182
- Depreciation -€5,147
down €5,147 (-36.6%), from €14,075 to €8,928
- Taxes +€3,296
new in 2020: €3,296
- Other operating charges +€2,744
new in 2020: €2,744
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,914 | €240,452 | -€74,462 | -23.6% |
| Formation expenses | 20 | €356 | €178 | -€178 | -50.0% |
| Fixed assets | 21/28 | €164,004 | €155,254 | -€8,750 | -5.3% |
| Tangible fixed assets | 22/27 | €94,405 | €85,655 | -€8,750 | -9.3% |
| Land and buildings | 22 | - | €85,655 | +€85,655 | |
| Financial fixed assets | 28 | €69,599 | €69,599 | = | 0.0% |
| Current assets | 29/58 | €150,554 | €85,020 | -€65,534 | -43.5% |
| Amounts receivable within one year | 40/41 | €141,185 | €23,562 | -€117,623 | -83.3% |
| Trade receivables | 40 | - | €13,413 | +€13,413 | |
| Other amounts receivable | 41 | - | €10,149 | +€10,149 | |
| Cash at bank and in hand | 54/58 | - | €30,557 | +€30,557 | |
| Deferred charges and accrued income | 490/1 | - | €30,901 | +€30,901 | |
| Total equity and liabilities | 10/49 | €314,914 | €240,452 | -€74,462 | -23.6% |
| Equity | 10/15 | €94,723 | €58,392 | -€36,331 | -38.4% |
| Contributions | 10/11 | €43,600 | - | -€43,600 | |
| Reserves | 13 | €3,208 | €46,808 | +€43,600 | +1,359% |
| Non-distributable reserves | 130/1 | - | €46,808 | +€46,808 | |
| Reserves not available under the articles | 1311 | - | €46,808 | +€46,808 | |
| Profit (loss) carried forward | 14 | €47,915 | €11,584 | -€36,331 | -75.8% |
| Amounts payable | 17/49 | €220,191 | €182,060 | -€38,131 | -17.3% |
| Amounts payable after more than one year | 17 | €130,422 | €120,041 | -€10,381 | -8.0% |
| Financial debts | 170/4 | - | €120,041 | +€120,041 | |
| Amounts payable within one year | 42/48 | €89,769 | €60,119 | -€29,650 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | - | €10,381 | +€10,381 | |
| Trade debts | 44 | €19,949 | €3,332 | -€16,617 | -83.3% |
| Suppliers | 440/4 | - | €3,332 | +€3,332 | |
| Other amounts payable | 47/48 | - | €46,406 | +€46,406 | |
| Accrued charges and deferred income | 492/3 | - | €1,900 | +€1,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,075 | €8,928 | -€5,147 | -36.6% |
| Other operating charges | 640/8 | - | €2,744 | +€2,744 | |
| Gross operating margin | 9900 | €10,711 | -€15,181 | -€25,892 | |
| Operating profit (loss) | 9901 | -€5,748 | -€26,853 | -€21,105 | -367% |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | - | €6,182 | +€6,182 | |
| Recurring financial charges | 65 | €6,386 | €6,182 | -€204 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,092 | -€33,035 | -€20,943 | -173% |
| Income taxes | 67/77 | - | €3,296 | +€3,296 | |
| Profit (loss) for the period | 9904 | -€12,092 | -€36,331 | -€24,239 | -200% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,092 | -€36,331 | -€24,239 | -200% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.