C’RHUM: what changed
Two fiscal 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’RHUM
Largest movements
- Cash +€302,768
up €302,768 (+558.4%), from €54,224 to €356,991
mainly Other debts (+€219,542) and Receivables within one year (+€182,715)
- Receivables within one year -€182,715
down €182,715 (-90.4%), from €202,203 to €19,488
of which Other amounts receivable: -€200,012
- Intangible fixed assets -€75,000
down €75,000 (-13.3%), from €563,111 to €488,111
- Stocks and contracts +€18,705
up €18,705 (+5.4%), from €347,450 to €366,155
- Other debts +€219,542
up €219,542 (+60.5%), from €363,180 to €582,722
- Profit (loss) carried forward -€112,144
down €112,144 (-22.8%), from -€491,263 to -€603,407
- Debts after one year -€105,941
down €105,941 (-15.0%), from €708,531 to €602,591
- Trade debts +€37,227
up €37,227 (+5.0%), from €751,061 to €788,288
- Gross operating margin +€65,311
up €65,311, from -€22,523 to €42,788
- Other operating charges -€12,853
down €12,853 (-50.8%), from €25,291 to €12,438
- Staff costs +€10,250
up €10,250 (+30.0%), from €34,161 to €44,412
- Financial charges -€4,184
down €4,184 (-19.4%), from €21,603 to €17,419
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 | €1,473,620 | €1,536,061 | +€62,441 | +4.2% |
| Fixed assets | 21/28 | €576,771 | €495,956 | -€80,814 | -14.0% |
| Intangible fixed assets | 21 | €563,111 | €488,111 | -€75,000 | -13.3% |
| Tangible fixed assets | 22/27 | €13,659 | €7,845 | -€5,814 | -42.6% |
| Furniture and vehicles | 24 | €5,265 | €1,655 | -€3,610 | -68.6% |
| Other tangible fixed assets | 26 | €8,394 | €6,190 | -€2,204 | -26.3% |
| Current assets | 29/58 | €896,849 | €1,040,104 | +€143,256 | +16.0% |
| Stocks and contracts in progress | 3 | €347,450 | €366,155 | +€18,705 | +5.4% |
| Stocks | 30/36 | €347,450 | €366,155 | +€18,705 | +5.4% |
| Amounts receivable within one year | 40/41 | €202,203 | €19,488 | -€182,715 | -90.4% |
| Trade receivables | 40 | €2,187 | €19,484 | +€17,297 | +791.0% |
| Other amounts receivable | 41 | €200,016 | €5 | -€200,012 | -100.0% |
| Cash at bank and in hand | 54/58 | €54,224 | €356,991 | +€302,768 | +558.4% |
| Deferred charges and accrued income | 490/1 | €292,972 | €297,469 | +€4,497 | +1.5% |
| Total equity and liabilities | 10/49 | €1,473,620 | €1,536,061 | +€62,441 | +4.2% |
| Equity | 10/15 | -€481,263 | -€593,407 | -€112,144 | -23.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€491,263 | -€603,407 | -€112,144 | -22.8% |
| Amounts payable | 17/49 | €1,954,882 | €2,129,468 | +€174,586 | +8.9% |
| Amounts payable after more than one year | 17 | €708,531 | €602,591 | -€105,941 | -15.0% |
| Financial debts | 170/4 | €708,531 | €602,591 | -€105,941 | -15.0% |
| Amounts payable within one year | 42/48 | €1,242,801 | €1,514,955 | +€272,155 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €112,142 | €114,053 | +€1,911 | +1.7% |
| Trade debts | 44 | €751,061 | €788,288 | +€37,227 | +5.0% |
| Suppliers | 440/4 | €751,061 | €788,288 | +€37,227 | +5.0% |
| Taxes, remuneration and social security | 45 | €16,419 | €29,892 | +€13,474 | +82.1% |
| Taxes | 450/3 | €12,489 | €22,087 | +€9,599 | +76.9% |
| Remuneration and social security | 454/9 | €3,930 | €7,805 | +€3,875 | +98.6% |
| Other amounts payable | 47/48 | €363,180 | €582,722 | +€219,542 | +60.5% |
| Accrued charges and deferred income | 492/3 | €3,550 | €11,922 | +€8,372 | +235.8% |
| Remuneration, social security and pensions | 62 | €34,161 | €44,412 | +€10,250 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,747 | €80,814 | +€67 | +0.1% |
| Other operating charges | 640/8 | €25,291 | €12,438 | -€12,853 | -50.8% |
| Non-recurring operating charges | 66A | €270,473 | €63 | -€270,409 | -100.0% |
| Gross operating margin | 9900 | -€22,523 | €42,788 | +€65,311 | |
| Operating profit (loss) | 9901 | -€433,195 | -€94,940 | +€338,255 | +78.1% |
| Financial income | 75/76B | €726 | €745 | +€19 | +2.6% |
| Recurring financial income | 75 | €726 | €745 | +€19 | +2.6% |
| Financial charges | 65/66B | €21,603 | €17,419 | -€4,184 | -19.4% |
| Recurring financial charges | 65 | €21,603 | €17,419 | -€4,184 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€454,072 | -€111,614 | +€342,458 | +75.4% |
| Income taxes | 67/77 | €259 | €531 | +€272 | +105.2% |
| Profit (loss) for the period | 9904 | -€454,330 | -€112,144 | +€342,186 | +75.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€454,330 | -€112,144 | +€342,186 | +75.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.