CRD INVEST: what changed
CRD INVEST
Largest movements
- Receivables within one year +€10,262
up €10,262 (+21.2%), from €48,402 to €58,664
of which Other amounts receivable: +€11,058
- Cash +€7,492
up €7,492 (+40.7%), from €18,430 to €25,922
mainly Net result for the year (+€10,245) and Tax, wage and social debts (+€6,803)
- Profit (loss) carried forward +€10,245
up €10,245 (+33.8%), from €30,295 to €40,540
- Tax, wage and social debts +€6,803
up €6,803 (+44.9%), from €15,142 to €21,945
- Gross operating margin -€22,659
down €22,659 (-56.8%), from €39,911 to €17,252
- Taxes -€4,632
down €4,632 (-50.6%), from €9,160 to €4,528
- Other operating charges +€1,345
new in 2025: €1,345
- Financial income +€585
up €585 (+1,388%), from €42 to €628
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,540 | €86,424 | +€16,885 | +24.3% |
| Fixed assets | 21/28 | €2,697 | €1,838 | -€858 | -31.8% |
| Tangible fixed assets | 22/27 | €2,697 | €1,838 | -€858 | -31.8% |
| Furniture and vehicles | 24 | €2,697 | €1,838 | -€858 | -31.8% |
| Current assets | 29/58 | €66,843 | €84,586 | +€17,743 | +26.5% |
| Amounts receivable within one year | 40/41 | €48,402 | €58,664 | +€10,262 | +21.2% |
| Trade receivables | 40 | €41,925 | €41,129 | -€796 | -1.9% |
| Other amounts receivable | 41 | €6,477 | €17,535 | +€11,058 | +171% |
| Cash at bank and in hand | 54/58 | €18,430 | €25,922 | +€7,492 | +40.7% |
| Deferred charges and accrued income | 490/1 | €11 | €0 | -€11 | -100% |
| Total equity and liabilities | 10/49 | €69,540 | €86,424 | +€16,885 | +24.3% |
| Equity | 10/15 | €48,295 | €58,540 | +€10,245 | +21.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,295 | €40,540 | +€10,245 | +33.8% |
| Amounts payable | 17/49 | €21,245 | €27,885 | +€6,640 | +31.3% |
| Amounts payable within one year | 42/48 | €21,245 | €27,885 | +€6,640 | +31.3% |
| Trade debts | 44 | €6,104 | €5,940 | -€164 | -2.7% |
| Suppliers | 440/4 | €6,104 | €5,940 | -€164 | -2.7% |
| Taxes, remuneration and social security | 45 | €15,142 | €21,945 | +€6,803 | +44.9% |
| Taxes | 450/3 | €15,142 | €21,945 | +€6,803 | +44.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €858 | +€328 | +61.9% |
| Other operating charges | 640/8 | - | €1,345 | +€1,345 | |
| Gross operating margin | 9900 | €39,911 | €17,252 | -€22,659 | -56.8% |
| Operating profit (loss) | 9901 | €39,380 | €15,048 | -€24,332 | -61.8% |
| Financial income | 75/76B | €42 | €628 | +€585 | +1,388% |
| Recurring financial income | 75 | €42 | €628 | +€585 | +1,388% |
| Financial charges | 65/66B | €605 | €903 | +€297 | +49.1% |
| Recurring financial charges | 65 | €605 | €903 | +€297 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | €38,817 | €14,773 | -€24,044 | -61.9% |
| Income taxes | 67/77 | €9,160 | €4,528 | -€4,632 | -50.6% |
| Profit (loss) for the period | 9904 | €29,658 | €10,245 | -€19,412 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,658 | €10,245 | -€19,412 | -65.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.