CNR RECORDS: what changed
What changed
CNR RECORDS
NACE 18.200, Printing and reproduction of recorded media
filed annual accounts (NBB)
Net result for the year
-€121,608
2024 · €32,371-€153,979
Equity
€68,590
2024 · €190,198-€121,608
Cash
€295,004
2024 · €436,791-€141,787
Balance sheet total
€1.3m
2024 · €1.5m-€222,463
Largest movements
Assets
- Cash -€141,787
down €141,787 (-32.5%), from €436,791 to €295,004
mainly Trade debts (-€233,494) and Net result for the year (-€121,608)
- Receivables within one year -€35,386
down €35,386 (-5.4%), from €650,544 to €615,158
of which Trade receivables: -€58,761
- Intangible fixed assets -€22,402
down €22,402 (-33.8%), from €66,287 to €43,885
Equity and liabilities
- Trade debts -€233,494
down €233,494 (-19.4%), from €1.2m to €971,176
- Other debts +€140,000
new in 2025: €140,000
- Profit (loss) carried forward -€121,608
down €121,608 (-99.7%), from €121,998 to €390
Income statement
- Gross operating margin -€141,460
down €141,460 (-24.0%), from €590,127 to €448,667
- Depreciation +€10,248
up €10,248 (+20.2%), from €50,612 to €60,860
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€32,371
Gross operating margin
-€141,460
Staff costs
+€3,762
Depreciation
-€10,248
Write-downs
-€3,299
Other operating charges
+€59
Financial income
+€285
Financial charges
-€2,123
Taxes
-€956
Result 2025
-€121,608
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€113,054
Investment
-€28,733
Financing
€0
Cash 2024
€436,791
From operations (derived)
-€113,054
Net result for the year
-€121,608
Depreciation
+€60,860
Stocks and contracts
+€2,277
Receivables within one year
+€35,386
Deferred charges and accrued income
+€10,887
Trade debts
-€233,494
Tax, wage and social debts
-€10,720
Other debts
+€140,000
Accrued charges and deferred income
+€3,360
Investment (derived)
-€28,733
Investment in fixed assets (net)
-€28,733
Cash 2025
€295,004
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,480,531 | €1,258,068 | -€222,463 | -15.0% |
| Fixed assets | 21/28 | €219,027 | €186,900 | -€32,127 | -14.7% |
| Intangible fixed assets | 21 | €66,287 | €43,885 | -€22,402 | -33.8% |
| Tangible fixed assets | 22/27 | €152,740 | €143,015 | -€9,725 | -6.4% |
| Plant, machinery and equipment | 23 | €12,487 | €10,864 | -€1,623 | -13.0% |
| Furniture and vehicles | 24 | €30,894 | €44,301 | +€13,407 | +43.4% |
| Other tangible fixed assets | 26 | €109,359 | €87,850 | -€21,509 | -19.7% |
| Current assets | 29/58 | €1,261,504 | €1,071,168 | -€190,336 | -15.1% |
| Stocks and contracts in progress | 3 | €135,057 | €132,780 | -€2,277 | -1.7% |
| Stocks | 30/36 | €135,057 | €132,780 | -€2,277 | -1.7% |
| Amounts receivable within one year | 40/41 | €650,544 | €615,158 | -€35,386 | -5.4% |
| Trade receivables | 40 | €467,854 | €409,093 | -€58,761 | -12.6% |
| Other amounts receivable | 41 | €182,690 | €206,065 | +€23,375 | +12.8% |
| Cash at bank and in hand | 54/58 | €436,791 | €295,004 | -€141,787 | -32.5% |
| Deferred charges and accrued income | 490/1 | €39,113 | €28,226 | -€10,887 | -27.8% |
| Total equity and liabilities | 10/49 | €1,480,531 | €1,258,068 | -€222,463 | -15.0% |
| Equity | 10/15 | €190,198 | €68,590 | -€121,608 | -63.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,998 | €390 | -€121,608 | -99.7% |
| Amounts payable | 17/49 | €1,290,333 | €1,189,479 | -€100,854 | -7.8% |
| Amounts payable within one year | 42/48 | €1,290,333 | €1,186,119 | -€104,214 | -8.1% |
| Trade debts | 44 | €1,204,670 | €971,176 | -€233,494 | -19.4% |
| Suppliers | 440/4 | €1,204,670 | €971,176 | -€233,494 | -19.4% |
| Taxes, remuneration and social security | 45 | €85,663 | €74,943 | -€10,720 | -12.5% |
| Taxes | 450/3 | €22,493 | €37,256 | +€14,763 | +65.6% |
| Remuneration and social security | 454/9 | €63,170 | €37,686 | -€25,483 | -40.3% |
| Other amounts payable | 47/48 | - | €140,000 | +€140,000 | |
| Accrued charges and deferred income | 492/3 | - | €3,360 | +€3,360 | |
| Non-recurring operating income | 76A | €75,000 | €75,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €506,760 | €502,998 | -€3,762 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,612 | €60,860 | +€10,248 | +20.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,822 | -€3,522 | +€3,299 | +48.4% |
| Other operating charges | 640/8 | €2,657 | €2,598 | -€59 | -2.2% |
| Gross operating margin | 9900 | €590,127 | €448,667 | -€141,460 | -24.0% |
| Operating profit (loss) | 9901 | €36,918 | -€114,267 | -€151,185 | |
| Financial income | 75/76B | €3,510 | €3,796 | +€285 | +8.1% |
| Recurring financial income | 75 | €3,510 | €3,796 | +€285 | +8.1% |
| Financial charges | 65/66B | €7,655 | €9,778 | +€2,123 | +27.7% |
| Recurring financial charges | 65 | €7,655 | €9,778 | +€2,123 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €32,774 | -€120,250 | -€153,023 | |
| Income taxes | 67/77 | €403 | €1,359 | +€956 | +237% |
| Profit (loss) for the period | 9904 | €32,371 | -€121,608 | -€153,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,371 | -€121,608 | -€153,979 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.