CRA: 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.
CRA
Largest movements
- Cash -€40,251
down €40,251 (-53.5%), from €75,277 to €35,026
mainly Contributions, distributions and other (-€96,527) and Investment in fixed assets (net) (-€11,790)
- Tangible fixed assets +€9,541
up €9,541 (+111.4%), from €8,563 to €18,104
of which Other tangible fixed assets: +€10,238
- Receivables within one year -€4,540
down €4,540 (-23.5%), from €19,332 to €14,793
of which Other amounts receivable: -€4,740
- Reserves -€55,872
down €55,872 (-78.1%), from €71,527 to €15,655
- Other debts +€29,430
new in 2025: €29,430
- Trade debts -€6,315
down €6,315 (-98.3%), from €6,427 to €112
- Accrued charges and deferred income -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin +€14,486
up €14,486 (+35.1%), from €41,228 to €55,714
- Taxes +€2,559
up €2,559 (+30.1%), from €8,499 to €11,059
- Depreciation +€1,435
up €1,435 (+176.2%), from €814 to €2,249
- Other operating charges +€584
up €584 (+102.9%), from €567 to €1,151
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 | €103,172 | €67,922 | -€35,250 | -34.2% |
| Fixed assets | 21/28 | €8,563 | €18,104 | +€9,541 | +111.4% |
| Tangible fixed assets | 22/27 | €8,563 | €18,104 | +€9,541 | +111.4% |
| Plant, machinery and equipment | 23 | €474 | €80 | -€394 | -83.1% |
| Furniture and vehicles | 24 | €1,053 | €750 | -€303 | -28.8% |
| Other tangible fixed assets | 26 | €7,036 | €17,274 | +€10,238 | +145.5% |
| Current assets | 29/58 | €94,609 | €49,818 | -€44,791 | -47.3% |
| Amounts receivable within one year | 40/41 | €19,332 | €14,793 | -€4,540 | -23.5% |
| Trade receivables | 40 | €14,593 | €14,793 | +€200 | +1.4% |
| Other amounts receivable | 41 | €4,740 | - | -€4,740 | |
| Cash at bank and in hand | 54/58 | €75,277 | €35,026 | -€40,251 | -53.5% |
| Total equity and liabilities | 10/49 | €103,172 | €67,922 | -€35,250 | -34.2% |
| Equity | 10/15 | €74,527 | €18,655 | -€55,872 | -75.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €71,527 | €15,655 | -€55,872 | -78.1% |
| Distributable reserves | 133 | €71,527 | €15,655 | -€55,872 | -78.1% |
| Amounts payable | 17/49 | €28,646 | €49,268 | +€20,622 | +72.0% |
| Amounts payable within one year | 42/48 | €26,646 | €49,268 | +€22,622 | +84.9% |
| Trade debts | 44 | €6,427 | €112 | -€6,315 | -98.3% |
| Suppliers | 440/4 | €6,427 | €112 | -€6,315 | -98.3% |
| Taxes, remuneration and social security | 45 | €20,219 | €19,726 | -€493 | -2.4% |
| Taxes | 450/3 | €17,219 | €16,797 | -€422 | -2.4% |
| Remuneration and social security | 454/9 | €3,000 | €2,928 | -€72 | -2.4% |
| Other amounts payable | 47/48 | - | €29,430 | +€29,430 | |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814 | €2,249 | +€1,435 | +176.2% |
| Other operating charges | 640/8 | €567 | €1,151 | +€584 | +102.9% |
| Gross operating margin | 9900 | €41,228 | €55,714 | +€14,486 | +35.1% |
| Operating profit (loss) | 9901 | €39,847 | €52,314 | +€12,467 | +31.3% |
| Financial income | 75/76B | €298 | - | -€298 | |
| Recurring financial income | 75 | €298 | - | -€298 | |
| Financial charges | 65/66B | €433 | €601 | +€168 | +38.9% |
| Recurring financial charges | 65 | €433 | €601 | +€168 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €39,712 | €51,713 | +€12,001 | +30.2% |
| Income taxes | 67/77 | €8,499 | €11,059 | +€2,559 | +30.1% |
| Profit (loss) for the period | 9904 | €31,213 | €40,655 | +€9,442 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,213 | €40,655 | +€9,442 | +30.2% |
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 11 October 2026 via checked.be.