CRD: 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.
CRD
Largest movements
- Cash -€636
down €636 (-68.6%), from €927 to €291
mainly Net result for the year (-€2,610) and Trade debts (-€1,089)
- Receivables within one year +€204
new in 2025: €204
- Other debts +€3,587
up €3,587 (+12.7%), from €28,352 to €31,939
- Profit (loss) carried forward -€2,610
down €2,610 (-2.7%), from -€97,127 to -€99,737
- Trade debts -€1,089
down €1,089 (-78.4%), from €1,389 to €300
- Accrued charges and deferred income -€320
down €320 (-82.7%), from €387 to €67
- Other operating charges +€985
up €985 (+254.3%), from €387 to €1,373
- Gross operating margin -€40
down €40 (-3.4%), from -€1,153 to -€1,192
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 | €927 | €495 | -€432 | -46.6% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €927 | €495 | -€432 | -46.6% |
| Amounts receivable within one year | 40/41 | - | €204 | +€204 | |
| Trade receivables | 40 | - | €204 | +€204 | |
| Cash at bank and in hand | 54/58 | €927 | €291 | -€636 | -68.6% |
| Total equity and liabilities | 10/49 | €927 | €495 | -€432 | -46.6% |
| Equity | 10/15 | -€29,201 | -€31,811 | -€2,610 | -8.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €71,658 | €71,658 | = | 0.0% |
| Uncalled capital | 101 | €9,658 | €9,658 | = | 0.0% |
| Reserves | 13 | €5,926 | €5,926 | = | 0.0% |
| Non-distributable reserves | 130/1 | €296 | €296 | = | 0.0% |
| Legal reserve | 130 | €296 | €296 | = | 0.0% |
| Distributable reserves | 133 | €5,630 | €5,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,127 | -€99,737 | -€2,610 | -2.7% |
| Amounts payable | 17/49 | €30,128 | €32,306 | +€2,178 | +7.2% |
| Amounts payable within one year | 42/48 | €29,741 | €32,239 | +€2,498 | +8.4% |
| Trade debts | 44 | €1,389 | €300 | -€1,089 | -78.4% |
| Suppliers | 440/4 | €1,389 | €300 | -€1,089 | -78.4% |
| Other amounts payable | 47/48 | €28,352 | €31,939 | +€3,587 | +12.7% |
| Accrued charges and deferred income | 492/3 | €387 | €67 | -€320 | -82.7% |
| Other operating charges | 640/8 | €387 | €1,373 | +€985 | +254.3% |
| Gross operating margin | 9900 | -€1,153 | -€1,192 | -€40 | -3.4% |
| Operating profit (loss) | 9901 | -€1,540 | -€2,565 | -€1,025 | -66.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,585 | -€2,610 | -€1,025 | -64.6% |
| Profit (loss) for the period | 9904 | -€1,585 | -€2,610 | -€1,025 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,585 | -€2,610 | -€1,025 | -64.6% |
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 2 October 2026 via checked.be.