CRC: 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.
CRC
Largest movements
- Tangible fixed assets -€32,321
down €32,321 (-42.9%), from €75,278 to €42,957
of which Furniture and vehicles: -€31,460
- Cash -€14,207
down €14,207 (-47.1%), from €30,178 to €15,972
mainly Trade debts (-€44,552) and Receivables within one year (-€13,032)
- Receivables within one year +€13,032
up €13,032 (+35.1%), from €37,162 to €50,193
of which Trade receivables: +€12,018
- Stocks and contracts +€2,500
new in 2025: €2,500
- Trade debts -€44,552
down €44,552 (-94.9%), from €46,941 to €2,389
- Other debts +€13,417
up €13,417 (+84.6%), from €15,853 to €29,270
- Current portion of long-term debt -€7,958
down €7,958 (-100.0%), from €7,958 to €0
- Advances received +€7,284
new in 2025: €7,284
- Gross operating margin -€36,193
down €36,193 (-42.3%), from €85,468 to €49,276
- Staff costs -€11,867
down €11,867 (-29.1%), from €40,731 to €28,864
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 | €159,784 | €130,028 | -€29,756 | -18.6% |
| Fixed assets | 21/28 | €91,408 | €59,087 | -€32,321 | -35.4% |
| Tangible fixed assets | 22/27 | €75,278 | €42,957 | -€32,321 | -42.9% |
| Plant, machinery and equipment | 23 | €15,197 | €14,337 | -€860 | -5.7% |
| Furniture and vehicles | 24 | €60,081 | €28,620 | -€31,460 | -52.4% |
| Financial fixed assets | 28 | €16,130 | €16,130 | = | 0.0% |
| Current assets | 29/58 | €68,377 | €70,942 | +€2,565 | +3.8% |
| Stocks and contracts in progress | 3 | - | €2,500 | +€2,500 | |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Amounts receivable within one year | 40/41 | €37,162 | €50,193 | +€13,032 | +35.1% |
| Trade receivables | 40 | €37,148 | €49,166 | +€12,018 | +32.4% |
| Other amounts receivable | 41 | €14 | €1,027 | +€1,013 | +7413.6% |
| Cash at bank and in hand | 54/58 | €30,178 | €15,972 | -€14,207 | -47.1% |
| Deferred charges and accrued income | 490/1 | €1,036 | €2,276 | +€1,240 | +119.7% |
| Total equity and liabilities | 10/49 | €159,784 | €130,028 | -€29,756 | -18.6% |
| Equity | 10/15 | €15,234 | €16,532 | +€1,298 | +8.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,766 | -€3,468 | +€1,298 | +27.2% |
| Amounts payable | 17/49 | €144,550 | €113,496 | -€31,054 | -21.5% |
| Amounts payable after more than one year | 17 | €64,000 | €64,000 | = | 0.0% |
| Financial debts | 170/4 | €64,000 | €64,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,550 | €49,496 | -€31,054 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €7,958 | €0 | -€7,958 | -100.0% |
| Trade debts | 44 | €46,941 | €2,389 | -€44,552 | -94.9% |
| Suppliers | 440/4 | €46,941 | €2,389 | -€44,552 | -94.9% |
| Advances received on contracts in progress | 46 | - | €7,284 | +€7,284 | |
| Taxes, remuneration and social security | 45 | €9,798 | €10,553 | +€755 | +7.7% |
| Taxes | 450/3 | €6,259 | €10,245 | +€3,986 | +63.7% |
| Remuneration and social security | 454/9 | €3,539 | €308 | -€3,231 | -91.3% |
| Other amounts payable | 47/48 | €15,853 | €29,270 | +€13,417 | +84.6% |
| Remuneration, social security and pensions | 62 | €40,731 | €28,864 | -€11,867 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,608 | €16,273 | -€335 | -2.0% |
| Other operating charges | 640/8 | €2,327 | €2,047 | -€280 | -12.0% |
| Gross operating margin | 9900 | €85,468 | €49,276 | -€36,193 | -42.3% |
| Operating profit (loss) | 9901 | €25,802 | €2,091 | -€23,711 | -91.9% |
| Financial income | 75/76B | - | €149 | +€149 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Financial charges | 65/66B | €637 | €942 | +€305 | +47.8% |
| Recurring financial charges | 65 | €637 | €942 | +€305 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €25,165 | €1,298 | -€23,867 | -94.8% |
| Profit (loss) for the period | 9904 | €25,165 | €1,298 | -€23,867 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,165 | €1,298 | -€23,867 | -94.8% |
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 6 October 2026 via checked.be.