CRAVAMO: 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.
CRAVAMO
Largest movements
- Current assets -€190,106
down €190,106 (-36.4%), from €522,568 to €332,462
- Intangible fixed assets +€124,785
new in 2017: €124,785
- Tangible fixed assets -€15,790
down €15,790 (-10.5%), from €151,042 to €135,252
- Financial fixed assets -€12,000
down €12,000 (-92.6%), from €12,960 to €960
- Profit (loss) carried forward -€279,178
down €279,178 (-343.4%), from -€81,310 to -€360,487
- Debts within one year +€200,537
up €200,537 (+40.8%), from €491,598 to €692,136
- Debts after one year -€14,471
down €14,471 (-13.1%), from €110,763 to €96,292
- Turnover -€183,114
down €183,114 (-26.8%), from €683,461 to €500,347
- Taxes +€68,006
up €68,006, from €0 to €68,006
- Gross operating margin +€21,052
up €21,052 (+82.9%), from -€25,401 to -€4,349
- Depreciation +€11,134
up €11,134 (+60.1%), from €18,521 to €29,655
From the 2016 result to the 2017 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €686,570 | €593,458 | -€93,111 | -13.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €164,002 | €260,997 | +€96,995 | +59.1% |
| Intangible fixed assets | 21 | - | €124,785 | +€124,785 | |
| Tangible fixed assets | 22/27 | €151,042 | €135,252 | -€15,790 | -10.5% |
| Financial fixed assets | 28 | €12,960 | €960 | -€12,000 | -92.6% |
| Current assets | 29/58 | €522,568 | €332,462 | -€190,106 | -36.4% |
| Stocks and contracts in progress | 3 | €47,992 | €30,138 | -€17,854 | -37.2% |
| Amounts receivable within one year | 40/41 | €262,604 | €177,277 | -€85,327 | -32.5% |
| Cash at bank and in hand | 54/58 | €10,855 | €17,506 | +€6,652 | +61.3% |
| Total equity and liabilities | 10/49 | €686,570 | €593,458 | -€93,111 | -13.6% |
| Equity | 10/15 | €84,208 | -€194,969 | -€279,178 | |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €103,018 | €103,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,310 | -€360,487 | -€279,178 | -343.4% |
| Amounts payable | 17/49 | €602,361 | €788,428 | +€186,066 | +30.9% |
| Amounts payable after more than one year | 17 | €110,763 | €96,292 | -€14,471 | -13.1% |
| Amounts payable within one year | 42/48 | €491,598 | €692,136 | +€200,537 | +40.8% |
| Trade debts | 44 | €75,870 | €81,153 | +€5,283 | +7.0% |
| Turnover | 70 | €683,461 | €500,347 | -€183,114 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,521 | €29,655 | +€11,134 | +60.1% |
| Gross operating margin | 9900 | -€25,401 | -€4,349 | +€21,052 | +82.9% |
| Operating profit (loss) | 9901 | -€65,347 | -€155,134 | -€89,787 | -137.4% |
| Recurring financial income | 75 | €14,358 | €2,927 | -€11,431 | -79.6% |
| Recurring financial charges | 65 | €42,515 | €58,965 | +€16,451 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | -€93,503 | -€211,172 | -€117,669 | -125.8% |
| Income taxes | 67/77 | €0 | €68,006 | +€68,006 | |
| Profit (loss) for the period | 9904 | -€93,503 | -€279,178 | -€185,675 | -198.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,503 | -€279,178 | -€185,675 | -198.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.