CRE Projects & Consulting: 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.
CRE Projects & Consulting
Largest movements
- Cash -€11,287
down €11,287 (-36.6%), from €30,832 to €19,545
mainly Net result for the year (-€10,259) and Other debts (-€2,264)
- Profit (loss) carried forward -€10,259
down €10,259 (-30.4%), from -€33,750 to -€44,009
- Other debts -€2,264
down €2,264 (-42.1%), from €5,377 to €3,113
- Tax, wage and social debts +€542
up €542 (+135%), from €402 to €944
- Accrued charges and deferred income +€418
new in 2025: €418
- Gross operating margin +€4,145
up €4,145 (+30.5%), from -€13,609 to -€9,464
- Taxes +€3,512
no longer reported in 2025 (was -€3,512)
- Financial charges +€438
up €438 (+324%), from €135 to €573
- Depreciation -€244
no longer reported in 2025 (was €244)
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 | €36,427 | €24,862 | -€11,565 | -31.7% |
| Fixed assets | 21/28 | €1,800 | €1,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €34,627 | €23,062 | -€11,565 | -33.4% |
| Amounts receivable within one year | 40/41 | €3,793 | €3,517 | -€276 | -7.3% |
| Trade receivables | 40 | €2,534 | €3,102 | +€568 | +22.4% |
| Other amounts receivable | 41 | €1,259 | €415 | -€844 | -67.0% |
| Cash at bank and in hand | 54/58 | €30,832 | €19,545 | -€11,287 | -36.6% |
| Deferred charges and accrued income | 490/1 | €2 | - | -€2 | |
| Total equity and liabilities | 10/49 | €36,427 | €24,862 | -€11,565 | -31.7% |
| Equity | 10/15 | €30,645 | €20,387 | -€10,259 | -33.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €51,995 | €51,995 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,135 | €50,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,750 | -€44,009 | -€10,259 | -30.4% |
| Amounts payable | 17/49 | €5,782 | €4,475 | -€1,306 | -22.6% |
| Amounts payable within one year | 42/48 | €5,782 | €4,057 | -€1,724 | -29.8% |
| Trade debts | 44 | €3 | €1 | -€2 | -67.9% |
| Suppliers | 440/4 | €3 | €1 | -€2 | -67.9% |
| Taxes, remuneration and social security | 45 | €402 | €944 | +€542 | +135% |
| Taxes | 450/3 | €402 | €944 | +€542 | +135% |
| Other amounts payable | 47/48 | €5,377 | €3,113 | -€2,264 | -42.1% |
| Accrued charges and deferred income | 492/3 | - | €418 | +€418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €244 | - | -€244 | |
| Other operating charges | 640/8 | €220 | €222 | +€2 | +1.0% |
| Gross operating margin | 9900 | -€13,609 | -€9,464 | +€4,145 | +30.5% |
| Operating profit (loss) | 9901 | -€14,073 | -€9,686 | +€4,387 | +31.2% |
| Financial charges | 65/66B | €135 | €573 | +€438 | +324% |
| Recurring financial charges | 65 | €135 | €573 | +€438 | +324% |
| Profit (loss) for the period before taxes | 9903 | -€14,208 | -€10,259 | +€3,950 | +27.8% |
| Income taxes | 67/77 | -€3,512 | - | +€3,512 | |
| Profit (loss) for the period | 9904 | -€10,696 | -€10,259 | +€437 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,696 | -€10,259 | +€437 | +4.1% |
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 18 October 2026 via checked.be.