CRANS: 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.
CRANS
Largest movements
- Financial fixed assets +€695,294
new in 2026: €695,294
- Tangible fixed assets +€428,203
up €428,203 (+1,834%), from €23,344 to €451,547
of which Land and buildings: +€432,150
- Cash -€36,264
down €36,264 (-60.1%), from €60,297 to €24,032
mainly Investment in fixed assets (net) (-€1.2m) and Contributions, distributions and other (-€17,000)
- Receivables within one year -€13,563
down €13,563 (-22.0%), from €61,618 to €48,055
of which Trade receivables: -€13,614
- Debts after one year +€803,042
up €803,042 (+2,802%), from €28,660 to €831,702
- Other debts +€168,735
up €168,735 (+457%), from €36,934 to €205,669
- Current portion of long-term debt +€70,889
up €70,889 (+384%), from €18,448 to €89,337
- Tax, wage and social debts +€24,193
up €24,193 (+109%), from €22,160 to €46,353
of which Taxes: +€14,609
- Staff costs +€32,961
up €32,961 (+4,445%), from €742 to €33,703
- Depreciation +€29,100
up €29,100 (+737%), from €3,947 to €33,047
- Financial charges +€25,564
up €25,564 (+884%), from €2,892 to €28,456
- Gross operating margin +€22,796
up €22,796 (+20.1%), from €113,212 to €136,007
- Other operating charges +€7,651
up €7,651 (+1,432%), from €534 to €8,185
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,925 | €1,221,248 | +€1.1m | +731% |
| Fixed assets | 21/28 | €23,344 | €1,146,842 | +€1.1m | +4,813% |
| Tangible fixed assets | 22/27 | €23,344 | €451,547 | +€428,203 | +1,834% |
| Land and buildings | 22 | - | €432,150 | +€432,150 | |
| Other tangible fixed assets | 26 | €23,344 | €19,398 | -€3,947 | -16.9% |
| Financial fixed assets | 28 | - | €695,294 | +€695,294 | |
| Current assets | 29/58 | €123,581 | €74,407 | -€49,174 | -39.8% |
| Amounts receivable within one year | 40/41 | €61,618 | €48,055 | -€13,563 | -22.0% |
| Trade receivables | 40 | €61,618 | €48,004 | -€13,614 | -22.1% |
| Other amounts receivable | 41 | - | €51 | +€51 | |
| Cash at bank and in hand | 54/58 | €60,297 | €24,032 | -€36,264 | -60.1% |
| Deferred charges and accrued income | 490/1 | €1,666 | €2,319 | +€653 | +39.2% |
| Total equity and liabilities | 10/49 | €146,925 | €1,221,248 | +€1.1m | +731% |
| Equity | 10/15 | €35,029 | €44,660 | +€9,632 | +27.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,029 | €24,660 | +€9,632 | +64.1% |
| Distributable reserves | 133 | €15,029 | €24,660 | +€9,632 | +64.1% |
| Amounts payable | 17/49 | €111,897 | €1,176,588 | +€1.1m | +951% |
| Amounts payable after more than one year | 17 | €28,660 | €831,702 | +€803,042 | +2,802% |
| Financial debts | 170/4 | €28,660 | €831,702 | +€803,042 | +2,802% |
| Amounts payable within one year | 42/48 | €83,237 | €344,424 | +€261,187 | +314% |
| Current portion of amounts payable after more than one year | 42 | €18,448 | €89,337 | +€70,889 | +384% |
| Trade debts | 44 | €5,695 | €3,064 | -€2,631 | -46.2% |
| Suppliers | 440/4 | €5,695 | €3,064 | -€2,631 | -46.2% |
| Taxes, remuneration and social security | 45 | €22,160 | €46,353 | +€24,193 | +109% |
| Taxes | 450/3 | €22,160 | €36,769 | +€14,609 | +65.9% |
| Remuneration and social security | 454/9 | - | €9,584 | +€9,584 | |
| Other amounts payable | 47/48 | €36,934 | €205,669 | +€168,735 | +457% |
| Accrued charges and deferred income | 492/3 | - | €462 | +€462 | |
| Remuneration, social security and pensions | 62 | €742 | €33,703 | +€32,961 | +4,445% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,947 | €33,047 | +€29,100 | +737% |
| Other operating charges | 640/8 | €534 | €8,185 | +€7,651 | +1,432% |
| Gross operating margin | 9900 | €113,212 | €136,007 | +€22,796 | +20.1% |
| Operating profit (loss) | 9901 | €107,989 | €61,073 | -€46,916 | -43.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,892 | €28,456 | +€25,564 | +884% |
| Recurring financial charges | 65 | €2,892 | €28,456 | +€25,564 | +884% |
| Profit (loss) for the period before taxes | 9903 | €105,098 | €32,619 | -€72,479 | -69.0% |
| Income taxes | 67/77 | €1,504 | €5,987 | +€4,483 | +298% |
| Profit (loss) for the period | 9904 | €103,594 | €26,632 | -€76,962 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €103,594 | €26,632 | -€76,962 | -74.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.