CRD INNOVATIONS: what changed
Two financial 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 INNOVATIONS
Largest movements
- Receivables within one year -€23,675
down €23,675 (-48.5%), from €48,776 to €25,100
of which Trade receivables: -€24,233
- Cash +€15,449
up €15,449 (+702%), from €2,201 to €17,650
mainly Receivables within one year (+€23,675) and Net result for the year (+€14,556)
- Stocks and contracts +€12,774
up €12,774 (+558%), from €2,290 to €15,064
- Tangible fixed assets +€11,768
up €11,768 (+22.8%), from €51,599 to €63,367
of which Furniture and vehicles: +€15,945
- Reserves +€14,556
up €14,556 (+17.4%), from €83,684 to €98,240
- Tax, wage and social debts +€4,700
up €4,700 (+133%), from €3,532 to €8,231
of which Taxes: +€3,200
- Trade debts -€2,767
down €2,767 (-45.5%), from €6,081 to €3,314
- Gross operating margin +€16,485
up €16,485 (+91.7%), from €17,985 to €34,470
- Taxes +€3,950
up €3,950 (+194%), from €2,032 to €5,981
- Depreciation +€2,178
up €2,178 (+21.8%), from €9,970 to €12,148
- Other operating charges +€745
up €745 (+75.2%), from €991 to €1,736
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.
Derived cash bridge
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 | €105,552 | €121,901 | +€16,350 | +15.5% |
| Fixed assets | 21/28 | €51,599 | €63,367 | +€11,768 | +22.8% |
| Tangible fixed assets | 22/27 | €51,599 | €63,367 | +€11,768 | +22.8% |
| Land and buildings | 22 | €31,418 | €29,514 | -€1,904 | -6.1% |
| Plant, machinery and equipment | 23 | €5,854 | €3,581 | -€2,273 | -38.8% |
| Furniture and vehicles | 24 | €14,327 | €30,272 | +€15,945 | +111% |
| Current assets | 29/58 | €53,952 | €58,534 | +€4,582 | +8.5% |
| Stocks and contracts in progress | 3 | €2,290 | €15,064 | +€12,774 | +558% |
| Stocks | 30/36 | €2,290 | €15,064 | +€12,774 | +558% |
| Amounts receivable within one year | 40/41 | €48,776 | €25,100 | -€23,675 | -48.5% |
| Trade receivables | 40 | €45,619 | €21,385 | -€24,233 | -53.1% |
| Other amounts receivable | 41 | €3,157 | €3,715 | +€558 | +17.7% |
| Cash at bank and in hand | 54/58 | €2,201 | €17,650 | +€15,449 | +702% |
| Deferred charges and accrued income | 490/1 | €686 | €720 | +€34 | +4.9% |
| Total equity and liabilities | 10/49 | €105,552 | €121,901 | +€16,350 | +15.5% |
| Equity | 10/15 | €95,784 | €110,340 | +€14,556 | +15.2% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €83,684 | €98,240 | +€14,556 | +17.4% |
| Distributable reserves | 133 | €83,684 | €98,240 | +€14,556 | +17.4% |
| Amounts payable | 17/49 | €9,767 | €11,561 | +€1,794 | +18.4% |
| Amounts payable within one year | 42/48 | €9,767 | €11,561 | +€1,794 | +18.4% |
| Trade debts | 44 | €6,081 | €3,314 | -€2,767 | -45.5% |
| Suppliers | 440/4 | €6,081 | €3,314 | -€2,767 | -45.5% |
| Taxes, remuneration and social security | 45 | €3,532 | €8,231 | +€4,700 | +133% |
| Taxes | 450/3 | €3,532 | €6,731 | +€3,200 | +90.6% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €154 | €15 | -€139 | -90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,970 | €12,148 | +€2,178 | +21.8% |
| Other operating charges | 640/8 | €991 | €1,736 | +€745 | +75.2% |
| Gross operating margin | 9900 | €17,985 | €34,470 | +€16,485 | +91.7% |
| Operating profit (loss) | 9901 | €7,024 | €20,585 | +€13,561 | +193% |
| Financial income | 75/76B | €52 | €187 | +€135 | +260% |
| Recurring financial income | 75 | €52 | €187 | +€135 | +260% |
| Financial charges | 65/66B | - | €234 | +€234 | |
| Recurring financial charges | 65 | - | €234 | +€234 | |
| Profit (loss) for the period before taxes | 9903 | €7,076 | €20,538 | +€13,462 | +190% |
| Income taxes | 67/77 | €2,032 | €5,981 | +€3,950 | +194% |
| Profit (loss) for the period | 9904 | €5,044 | €14,556 | +€9,512 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €5,044 | €14,556 | +€9,512 | +189% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.