CRAX IT: 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.
CRAX IT
Largest movements
- Receivables within one year -€112,533
down €112,533 (-75.1%), from €149,928 to €37,395
of which Trade receivables: -€101,208
- Tangible fixed assets -€50,446
down €50,446 (-94.7%), from €53,261 to €2,815
of which Leasing and similar rights: -€45,237
- Cash +€15,682
up €15,682 (+17.1%), from €91,632 to €107,314
mainly Receivables within one year (+€112,533) and Investment in fixed assets (net) (+€47,635)
- Deferred charges and accrued income -€4,759
down €4,759 (-38.7%), from €12,301 to €7,542
- Tax, wage and social debts -€75,605
down €75,605 (-40.9%), from €184,950 to €109,345
of which Taxes: -€51,164
- Current portion of long-term debt -€35,126
down €35,126 (-100.0%), from €35,126 to €0
- Other debts +€31,002
new in 2025: €31,002
- Debts after one year -€22,426
down €22,426 (-100.0%), from €22,426 to €0
- Profit (loss) carried forward -€21,957
down €21,957, from €2,299 to -€19,658
- Gross operating margin -€417,238
down €417,238 (-51.1%), from €816,880 to €399,642
- Staff costs -€338,943
down €338,943 (-45.3%), from €748,830 to €409,887
- Taxes -€21,927
down €21,927 (-99.5%), from €22,030 to €103
- Depreciation -€15,119
down €15,119 (-78.1%), from €19,363 to €4,245
- Financial charges -€10,724
down €10,724, from €8,345 to -€2,379
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 | €308,992 | €155,502 | -€153,490 | -49.7% |
| Fixed assets | 21/28 | €55,131 | €3,251 | -€51,880 | -94.1% |
| Tangible fixed assets | 22/27 | €53,261 | €2,815 | -€50,446 | -94.7% |
| Furniture and vehicles | 24 | €8,024 | €2,815 | -€5,208 | -64.9% |
| Leasing and similar rights | 25 | €45,237 | €0 | -€45,237 | -100.0% |
| Financial fixed assets | 28 | €1,870 | €436 | -€1,434 | -76.7% |
| Current assets | 29/58 | €253,862 | €152,252 | -€101,610 | -40.0% |
| Amounts receivable within one year | 40/41 | €149,928 | €37,395 | -€112,533 | -75.1% |
| Trade receivables | 40 | €138,604 | €37,395 | -€101,208 | -73.0% |
| Other amounts receivable | 41 | €11,325 | €0 | -€11,325 | -100.0% |
| Cash at bank and in hand | 54/58 | €91,632 | €107,314 | +€15,682 | +17.1% |
| Deferred charges and accrued income | 490/1 | €12,301 | €7,542 | -€4,759 | -38.7% |
| Total equity and liabilities | 10/49 | €308,992 | €155,502 | -€153,490 | -49.7% |
| Equity | 10/15 | €27,848 | €5,914 | -€21,934 | -78.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €6,999 | €7,022 | +€23 | +0.3% |
| Non-distributable reserves | 130/1 | €1,832 | - | -€1,832 | |
| Reserves not available under the articles | 1311 | €1,832 | - | -€1,832 | |
| Tax-exempt reserves | 132 | €5,167 | €5,167 | = | 0.0% |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | €2,299 | -€19,658 | -€21,957 | |
| Amounts payable | 17/49 | €281,144 | €149,588 | -€131,556 | -46.8% |
| Amounts payable after more than one year | 17 | €22,426 | €0 | -€22,426 | -100.0% |
| Financial debts | 170/4 | €22,426 | €0 | -€22,426 | -100.0% |
| Amounts payable within one year | 42/48 | €248,718 | €149,588 | -€99,130 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €35,126 | €0 | -€35,126 | -100.0% |
| Trade debts | 44 | €28,642 | €9,241 | -€19,401 | -67.7% |
| Suppliers | 440/4 | €28,642 | €9,241 | -€19,401 | -67.7% |
| Taxes, remuneration and social security | 45 | €184,950 | €109,345 | -€75,605 | -40.9% |
| Taxes | 450/3 | €88,734 | €37,570 | -€51,164 | -57.7% |
| Remuneration and social security | 454/9 | €96,216 | €71,775 | -€24,441 | -25.4% |
| Other amounts payable | 47/48 | - | €31,002 | +€31,002 | |
| Accrued charges and deferred income | 492/3 | €10,000 | €0 | -€10,000 | -100.0% |
| Non-recurring operating income | 76A | €8,597 | €34,208 | +€25,611 | +297.9% |
| Remuneration, social security and pensions | 62 | €748,830 | €409,887 | -€338,943 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,363 | €4,245 | -€15,119 | -78.1% |
| Other operating charges | 640/8 | €4,680 | €3,878 | -€802 | -17.1% |
| Non-recurring operating charges | 66A | €11,859 | €5,888 | -€5,972 | -50.4% |
| Gross operating margin | 9900 | €816,880 | €399,642 | -€417,238 | -51.1% |
| Operating profit (loss) | 9901 | €32,147 | -€24,255 | -€56,403 | |
| Financial income | 75/76B | €527 | €22 | -€505 | -95.9% |
| Recurring financial income | 75 | €527 | €22 | -€505 | -95.9% |
| Financial charges | 65/66B | €8,345 | -€2,379 | -€10,724 | |
| Recurring financial charges | 65 | €8,345 | -€2,379 | -€10,724 | |
| Profit (loss) for the period before taxes | 9903 | €24,329 | -€21,854 | -€46,183 | |
| Income taxes | 67/77 | €22,030 | €103 | -€21,927 | -99.5% |
| Profit (loss) for the period | 9904 | €2,299 | -€21,957 | -€24,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,299 | -€21,957 | -€24,257 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.