CRAHAY-LERHO: 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.
CRAHAY-LERHO
Largest movements
- Current investments +€28,143
up €28,143 (+140%), from €20,144 to €48,287
- Tangible fixed assets -€10,676
down €10,676 (-5.1%), from €207,610 to €196,935
of which Land and buildings: -€6,718
- Reserves +€19,000
up €19,000 (+10.5%), from €181,645 to €200,645
of which Distributable reserves: +€19,000
- Debts after one year -€13,536
down €13,536 (-36.6%), from €36,999 to €23,463
- Other debts +€7,952
up €7,952 (+105%), from €7,563 to €15,515
- Tax, wage and social debts +€7,000
up €7,000 (+233%), from €3,000 to €10,000
- Current portion of long-term debt -€3,009
down €3,009 (-18.2%), from €16,545 to €13,536
- Gross operating margin +€22,086
up €22,086 (+41.1%), from €53,791 to €75,876
- Taxes +€9,320
up €9,320 (+109%), from €8,573 to €17,893
- Depreciation -€5,924
down €5,924 (-22.4%), from €26,469 to €20,545
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 | €247,481 | €265,290 | +€17,809 | +7.2% |
| Fixed assets | 21/28 | €207,610 | €196,935 | -€10,676 | -5.1% |
| Tangible fixed assets | 22/27 | €207,610 | €196,935 | -€10,676 | -5.1% |
| Land and buildings | 22 | €176,591 | €169,873 | -€6,718 | -3.8% |
| Plant, machinery and equipment | 23 | €4,490 | €2,120 | -€2,370 | -52.8% |
| Furniture and vehicles | 24 | €26,529 | €24,941 | -€1,588 | -6.0% |
| Current assets | 29/58 | €39,871 | €68,356 | +€28,485 | +71.4% |
| Amounts receivable within one year | 40/41 | €4,580 | €2,025 | -€2,556 | -55.8% |
| Trade receivables | 40 | €717 | €825 | +€108 | +15.0% |
| Other amounts receivable | 41 | €3,863 | €1,200 | -€2,663 | -68.9% |
| Current investments | 50/53 | €20,144 | €48,287 | +€28,143 | +140% |
| Cash at bank and in hand | 54/58 | €14,082 | €16,612 | +€2,530 | +18.0% |
| Deferred charges and accrued income | 490/1 | €1,065 | €1,431 | +€367 | +34.5% |
| Total equity and liabilities | 10/49 | €247,481 | €265,290 | +€17,809 | +7.2% |
| Equity | 10/15 | €181,893 | €201,101 | +€19,208 | +10.6% |
| Contributions | 10/11 | €248 | €248 | = | 0.0% |
| Reserves | 13 | €181,645 | €200,645 | +€19,000 | +10.5% |
| Non-distributable reserves | 130/1 | €25 | €25 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25 | €25 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €162,870 | €181,870 | +€19,000 | +11.7% |
| Profit (loss) carried forward | 14 | - | €208 | +€208 | |
| Amounts payable | 17/49 | €65,588 | €64,189 | -€1,399 | -2.1% |
| Amounts payable after more than one year | 17 | €36,999 | €23,463 | -€13,536 | -36.6% |
| Financial debts | 170/4 | €36,999 | €23,463 | -€13,536 | -36.6% |
| Amounts payable within one year | 42/48 | €28,589 | €40,726 | +€12,137 | +42.5% |
| Current portion of amounts payable after more than one year | 42 | €16,545 | €13,536 | -€3,009 | -18.2% |
| Trade debts | 44 | €1,481 | €1,675 | +€194 | +13.1% |
| Suppliers | 440/4 | €1,481 | €1,675 | +€194 | +13.1% |
| Taxes, remuneration and social security | 45 | €3,000 | €10,000 | +€7,000 | +233% |
| Taxes | 450/3 | €3,000 | €10,000 | +€7,000 | +233% |
| Other amounts payable | 47/48 | €7,563 | €15,515 | +€7,952 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,469 | €20,545 | -€5,924 | -22.4% |
| Other operating charges | 640/8 | €1,606 | €1,894 | +€289 | +18.0% |
| Non-recurring operating charges | 66A | €40 | €0 | -€40 | -100% |
| Gross operating margin | 9900 | €53,791 | €75,876 | +€22,086 | +41.1% |
| Operating profit (loss) | 9901 | €25,676 | €53,437 | +€27,761 | +108% |
| Financial income | 75/76B | €44 | €249 | +€205 | +466% |
| Recurring financial income | 75 | €44 | €249 | +€205 | +466% |
| Financial charges | 65/66B | €1,939 | €1,585 | -€354 | -18.3% |
| Recurring financial charges | 65 | €1,939 | €1,585 | -€354 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €23,781 | €52,101 | +€28,321 | +119% |
| Income taxes | 67/77 | €8,573 | €17,893 | +€9,320 | +109% |
| Profit (loss) for the period | 9904 | €15,208 | €34,208 | +€19,000 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €15,208 | €34,208 | +€19,000 | +125% |
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 21 October 2026 via checked.be.