CRDB Latina: 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.
CRDB Latina
Largest movements
- Stocks and contracts +€3.8m
up €3.8m (+219%), from €1.7m to €5.5m
of which Contracts in progress: +€3.8m
- Cash +€671,064
up €671,064 (+248%), from €270,590 to €941,653
mainly Trade debts (+€3.6m) and Net result for the year (+€1.0m)
- Receivables within one year +€615,707
up €615,707 (+158%), from €389,277 to €1.0m
of which Other amounts receivable: +€995,308
- Financial fixed assets -€282,202
down €282,202 (-44.9%), from €628,608 to €346,407
- Trade debts +€3.6m
up €3.6m (+165%), from €2.2m to €5.8m
- Other debts +€992,067
up €992,067 (+3,307%), from €30,000 to €1.0m
- Short-term financial debts +€149,939
up €149,939 (+99.9%), from €150,061 to €300,000
- Financial income +€537,129
up €537,129 (+581%), from €92,459 to €629,588
- Gross operating margin +€525,683
up €525,683 (+1,038%), from €50,628 to €576,311
- Taxes +€119,584
up €119,584 (+385%), from €31,068 to €150,652
- Financial charges -€14,070
down €14,070 (-50.3%), from €27,983 to €13,913
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 | €3,014,075 | €7,797,032 | +€4.8m | +159% |
| Fixed assets | 21/28 | €628,608 | €346,407 | -€282,202 | -44.9% |
| Financial fixed assets | 28 | €628,608 | €346,407 | -€282,202 | -44.9% |
| Current assets | 29/58 | €2,385,467 | €7,450,625 | +€5.1m | +212% |
| Stocks and contracts in progress | 3 | €1,725,600 | €5,496,727 | +€3.8m | +219% |
| Stocks | 30/36 | €3,600 | €3,600 | = | 0.0% |
| Contracts in progress | 37 | €1,722,000 | €5,493,127 | +€3.8m | +219% |
| Amounts receivable within one year | 40/41 | €389,277 | €1,004,984 | +€615,707 | +158% |
| Trade receivables | 40 | €383,820 | €4,219 | -€379,601 | -98.9% |
| Other amounts receivable | 41 | €5,457 | €1,000,765 | +€995,308 | +18,240% |
| Cash at bank and in hand | 54/58 | €270,590 | €941,653 | +€671,064 | +248% |
| Deferred charges and accrued income | 490/1 | - | €7,261 | +€7,261 | |
| Total equity and liabilities | 10/49 | €3,014,075 | €7,797,032 | +€4.8m | +159% |
| Equity | 10/15 | €607,802 | €653,692 | +€45,890 | +7.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €507,000 | €552,000 | +€45,000 | +8.9% |
| Distributable reserves | 133 | €507,000 | €552,000 | +€45,000 | +8.9% |
| Profit (loss) carried forward | 14 | €802 | €1,692 | +€890 | +111% |
| Amounts payable | 17/49 | €2,406,273 | €7,143,340 | +€4.7m | +197% |
| Amounts payable within one year | 42/48 | €2,406,273 | €7,143,340 | +€4.7m | +197% |
| Financial debts | 43 | €150,061 | €300,000 | +€149,939 | +99.9% |
| Credit institutions | 430/8 | €150,061 | €300,000 | +€149,939 | +99.9% |
| Trade debts | 44 | €2,195,145 | €5,821,273 | +€3.6m | +165% |
| Suppliers | 440/4 | €2,195,145 | €5,821,273 | +€3.6m | +165% |
| Taxes, remuneration and social security | 45 | €31,068 | €0 | -€31,068 | -100% |
| Taxes | 450/3 | €31,068 | €0 | -€31,068 | -100% |
| Other amounts payable | 47/48 | €30,000 | €1,022,067 | +€992,067 | +3,307% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €50,628 | €576,311 | +€525,683 | +1,038% |
| Operating profit (loss) | 9901 | €49,534 | €575,184 | +€525,650 | +1,061% |
| Financial income | 75/76B | €92,459 | €629,588 | +€537,129 | +581% |
| Recurring financial income | 75 | €92,459 | €629,588 | +€537,129 | +581% |
| Financial charges | 65/66B | €27,983 | €13,913 | -€14,070 | -50.3% |
| Recurring financial charges | 65 | €27,983 | €13,913 | -€14,070 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €114,010 | €1,190,859 | +€1.1m | +945% |
| Income taxes | 67/77 | €31,068 | €150,652 | +€119,584 | +385% |
| Profit (loss) for the period | 9904 | €82,942 | €1,040,207 | +€957,265 | +1,154% |
| Profit (loss) for the period to be appropriated | 9905 | €82,942 | €1,040,207 | +€957,265 | +1,154% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.