CR Advisory: 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.
CR Advisory
Largest movements
- Current investments -€160,000
down €160,000 (-100.0%), from €160,000 to €0
- Cash +€29,377
up €29,377 (+47.1%), from €62,335 to €91,712
mainly Current investments (+€160,000) and Net result for the year (+€73,338)
- Tangible fixed assets +€2,391
up €2,391 (+122.6%), from €1,950 to €4,341
- Reserves -€78,718
down €78,718 (-100.0%), from €78,718 to €0
- Other debts -€27,065
down €27,065 (-25.4%), from €106,391 to €79,326
- Tax, wage and social debts -€22,412
down €22,412 (-61.5%), from €36,419 to €14,007
- Gross operating margin -€5,418
down €5,418 (-5.4%), from €101,271 to €95,853
- Taxes -€2,239
down €2,239 (-10.6%), from €21,153 to €18,914
- Financial income -€1,657
down €1,657 (-43.8%), from €3,786 to €2,128
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 | €224,749 | €96,332 | -€128,416 | -57.1% |
| Fixed assets | 21/28 | €1,950 | €4,341 | +€2,391 | +122.6% |
| Tangible fixed assets | 22/27 | €1,950 | €4,341 | +€2,391 | +122.6% |
| Furniture and vehicles | 24 | €1,950 | €4,341 | +€2,391 | +122.6% |
| Current assets | 29/58 | €222,799 | €91,992 | -€130,807 | -58.7% |
| Amounts receivable within one year | 40/41 | €464 | €280 | -€184 | -39.7% |
| Trade receivables | 40 | €464 | €280 | -€184 | -39.7% |
| Current investments | 50/53 | €160,000 | €0 | -€160,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €62,335 | €91,712 | +€29,377 | +47.1% |
| Total equity and liabilities | 10/49 | €224,749 | €96,332 | -€128,416 | -57.1% |
| Equity | 10/15 | €81,718 | €3,000 | -€78,718 | -96.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €78,718 | €0 | -€78,718 | -100.0% |
| Distributable reserves | 133 | €78,718 | €0 | -€78,718 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €143,031 | €93,332 | -€49,699 | -34.7% |
| Amounts payable within one year | 42/48 | €143,031 | €93,332 | -€49,699 | -34.7% |
| Trade debts | 44 | €222 | €0 | -€222 | -100.0% |
| Suppliers | 440/4 | €222 | €0 | -€222 | -100.0% |
| Taxes, remuneration and social security | 45 | €36,419 | €14,007 | -€22,412 | -61.5% |
| Taxes | 450/3 | €36,419 | €14,007 | -€22,412 | -61.5% |
| Other amounts payable | 47/48 | €106,391 | €79,326 | -€27,065 | -25.4% |
| Remuneration, social security and pensions | 62 | €877 | €1,075 | +€198 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €979 | +€896 | +1075.0% |
| Other operating charges | 640/8 | €691 | €693 | +€2 | +0.3% |
| Gross operating margin | 9900 | €101,271 | €95,853 | -€5,418 | -5.4% |
| Operating profit (loss) | 9901 | €99,620 | €93,106 | -€6,514 | -6.5% |
| Financial income | 75/76B | €3,786 | €2,128 | -€1,657 | -43.8% |
| Recurring financial income | 75 | €3,786 | €2,128 | -€1,657 | -43.8% |
| Financial charges | 65/66B | €3,535 | €2,982 | -€553 | -15.6% |
| Recurring financial charges | 65 | €3,535 | €2,982 | -€553 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €99,871 | €92,252 | -€7,619 | -7.6% |
| Income taxes | 67/77 | €21,153 | €18,914 | -€2,239 | -10.6% |
| Profit (loss) for the period | 9904 | €78,718 | €73,338 | -€5,380 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,718 | €73,338 | -€5,380 | -6.8% |
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 6 October 2026 via checked.be.