CRCPE: 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.
CRCPE
Largest movements
- Cash +€65,485
up €65,485 (+54.3%), from €120,611 to €186,096
mainly Net result for the year (+€151,431) and Trade debts (+€19,596)
- Receivables within one year -€12,205
down €12,205 (-55.7%), from €21,905 to €9,700
of which Other amounts receivable: -€9,985
- Tangible fixed assets -€11,558
down €11,558 (-15.8%), from €73,005 to €61,447
of which Land and buildings: -€7,657
- Profit (loss) carried forward +€151,431
up €151,431 (+36.6%), from -€413,550 to -€262,118
- Debts after one year -€84,712
down €84,712 (-20.2%), from €419,867 to €335,156
- Other debts -€42,410
down €42,410 (-22.4%), from €189,418 to €147,008
- Trade debts +€19,596
up €19,596 (+224.2%), from €8,739 to €28,335
- Current portion of long-term debt -€5,367
down €5,367 (-5.6%), from €96,376 to €91,008
- Financial charges -€90,944
down €90,944 (-81.9%), from €111,037 to €20,093
- Gross operating margin +€22,535
up €22,535 (+13.9%), from €161,920 to €184,455
- Depreciation -€5,429
down €5,429 (-29.1%), from €18,687 to €13,258
- Financial income -€2,896
down €2,896 (-68.4%), from €4,233 to €1,337
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 | €347,767 | €386,590 | +€38,823 | +11.2% |
| Fixed assets | 21/28 | €73,005 | €61,447 | -€11,558 | -15.8% |
| Tangible fixed assets | 22/27 | €73,005 | €61,447 | -€11,558 | -15.8% |
| Land and buildings | 22 | €49,869 | €42,212 | -€7,657 | -15.4% |
| Plant, machinery and equipment | 23 | €15,850 | €14,819 | -€1,031 | -6.5% |
| Furniture and vehicles | 24 | €7,286 | €4,416 | -€2,870 | -39.4% |
| Current assets | 29/58 | €274,762 | €325,143 | +€50,381 | +18.3% |
| Amounts receivable within one year | 40/41 | €21,905 | €9,700 | -€12,205 | -55.7% |
| Trade receivables | 40 | €2,220 | - | -€2,220 | |
| Other amounts receivable | 41 | €19,685 | €9,700 | -€9,985 | -50.7% |
| Current investments | 50/53 | €68,064 | €68,064 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €120,611 | €186,096 | +€65,485 | +54.3% |
| Deferred charges and accrued income | 490/1 | €64,183 | €61,283 | -€2,900 | -4.5% |
| Total equity and liabilities | 10/49 | €347,767 | €386,590 | +€38,823 | +11.2% |
| Equity | 10/15 | -€369,290 | -€217,858 | +€151,431 | +41.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Distributable reserves | 133 | €31,860 | €31,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€413,550 | -€262,118 | +€151,431 | +36.6% |
| Amounts payable | 17/49 | €717,057 | €604,448 | -€112,609 | -15.7% |
| Amounts payable after more than one year | 17 | €419,867 | €335,156 | -€84,712 | -20.2% |
| Financial debts | 170/4 | €419,867 | €335,156 | -€84,712 | -20.2% |
| Amounts payable within one year | 42/48 | €297,189 | €269,292 | -€27,897 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €96,376 | €91,008 | -€5,367 | -5.6% |
| Trade debts | 44 | €8,739 | €28,335 | +€19,596 | +224.2% |
| Suppliers | 440/4 | €8,739 | €28,335 | +€19,596 | +224.2% |
| Taxes, remuneration and social security | 45 | €2,657 | €2,940 | +€284 | +10.7% |
| Taxes | 450/3 | €2,657 | €2,940 | +€284 | +10.7% |
| Other amounts payable | 47/48 | €189,418 | €147,008 | -€42,410 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,687 | €13,258 | -€5,429 | -29.1% |
| Other operating charges | 640/8 | €1,098 | €631 | -€467 | -42.5% |
| Gross operating margin | 9900 | €161,920 | €184,455 | +€22,535 | +13.9% |
| Operating profit (loss) | 9901 | €142,136 | €170,566 | +€28,430 | +20.0% |
| Financial income | 75/76B | €4,233 | €1,337 | -€2,896 | -68.4% |
| Recurring financial income | 75 | €4,233 | €1,337 | -€2,896 | -68.4% |
| Financial charges | 65/66B | €111,037 | €20,093 | -€90,944 | -81.9% |
| Recurring financial charges | 65 | €111,037 | €20,093 | -€90,944 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | €35,331 | €151,809 | +€116,478 | +329.7% |
| Income taxes | 67/77 | €332 | €378 | +€46 | +13.9% |
| Profit (loss) for the period | 9904 | €35,000 | €151,431 | +€116,432 | +332.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,000 | €151,431 | +€116,432 | +332.7% |
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 3 October 2026 via checked.be.