CR TRAVAUX: 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.
CR TRAVAUX
Largest movements
- Tangible fixed assets -€27,148
down €27,148 (-12.2%), from €222,767 to €195,620
of which Leasing and similar rights: -€32,063
- Receivables within one year -€11,638
down €11,638 (-86.9%), from €13,395 to €1,757
of which Trade receivables: -€11,050
- Stocks and contracts -€4,925
no longer reported in 2025 (was €4,925)
- Debts after one year -€38,808
down €38,808 (-31.2%), from €124,498 to €85,690
- Profit (loss) carried forward -€31,984
down €31,984, from €2,679 to -€29,305
- Other debts +€15,459
up €15,459 (+20.6%), from €75,191 to €90,650
- Trade debts +€5,256
up €5,256 (+70.2%), from €7,490 to €12,746
- Investment grants +€3,939
new in 2025: €3,939
- Gross operating margin -€46,261
down €46,261 (-62.0%), from €74,638 to €28,377
- Depreciation -€7,757
down €7,757 (-12.2%), from €63,667 to €55,910
- Financial income +€978
up €978 (+6,304%), from €16 to €993
- Staff costs -€856
no longer reported in 2025 (was €856)
- Financial charges -€752
down €752 (-12.9%), from €5,824 to €5,072
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 | €248,682 | €203,631 | -€45,051 | -18.1% |
| Fixed assets | 21/28 | €222,767 | €195,620 | -€27,148 | -12.2% |
| Tangible fixed assets | 22/27 | €222,767 | €195,620 | -€27,148 | -12.2% |
| Land and buildings | 22 | - | €26,593 | +€26,593 | |
| Plant, machinery and equipment | 23 | €15,549 | €12,172 | -€3,377 | -21.7% |
| Furniture and vehicles | 24 | €89,384 | €71,084 | -€18,300 | -20.5% |
| Leasing and similar rights | 25 | €117,834 | €85,771 | -€32,063 | -27.2% |
| Current assets | 29/58 | €25,914 | €8,011 | -€17,903 | -69.1% |
| Stocks and contracts in progress | 3 | €4,925 | - | -€4,925 | |
| Stocks | 30/36 | €4,925 | - | -€4,925 | |
| Amounts receivable within one year | 40/41 | €13,395 | €1,757 | -€11,638 | -86.9% |
| Trade receivables | 40 | €11,050 | - | -€11,050 | |
| Other amounts receivable | 41 | €2,345 | €1,757 | -€588 | -25.1% |
| Cash at bank and in hand | 54/58 | €4,771 | €3,122 | -€1,650 | -34.6% |
| Deferred charges and accrued income | 490/1 | €2,823 | €3,132 | +€309 | +11.0% |
| Total equity and liabilities | 10/49 | €248,682 | €203,631 | -€45,051 | -18.1% |
| Equity | 10/15 | €3,679 | -€24,366 | -€28,045 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,679 | -€29,305 | -€31,984 | |
| Investment grants | 15 | - | €3,939 | +€3,939 | |
| Amounts payable | 17/49 | €245,002 | €227,997 | -€17,005 | -6.9% |
| Amounts payable after more than one year | 17 | €124,498 | €85,690 | -€38,808 | -31.2% |
| Financial debts | 170/4 | €124,498 | €85,690 | -€38,808 | -31.2% |
| Amounts payable within one year | 42/48 | €120,505 | €142,307 | +€21,802 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €36,521 | €37,676 | +€1,156 | +3.2% |
| Trade debts | 44 | €7,490 | €12,746 | +€5,256 | +70.2% |
| Suppliers | 440/4 | €7,490 | €12,746 | +€5,256 | +70.2% |
| Taxes, remuneration and social security | 45 | €1,303 | €1,235 | -€69 | -5.3% |
| Taxes | 450/3 | €1,303 | €1,235 | -€69 | -5.3% |
| Other amounts payable | 47/48 | €75,191 | €90,650 | +€15,459 | +20.6% |
| Remuneration, social security and pensions | 62 | €856 | - | -€856 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,667 | €55,910 | -€7,757 | -12.2% |
| Other operating charges | 640/8 | €828 | €373 | -€455 | -55.0% |
| Gross operating margin | 9900 | €74,638 | €28,377 | -€46,261 | -62.0% |
| Operating profit (loss) | 9901 | €9,287 | -€27,906 | -€37,193 | |
| Financial income | 75/76B | €16 | €993 | +€978 | +6,304% |
| Recurring financial income | 75 | €16 | €993 | +€978 | +6,304% |
| Financial charges | 65/66B | €5,824 | €5,072 | -€752 | -12.9% |
| Recurring financial charges | 65 | €5,824 | €5,072 | -€752 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,479 | -€31,984 | -€35,463 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €3,479 | -€31,984 | -€35,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,479 | -€31,984 | -€35,463 |
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 24 October 2026 via checked.be.