CRFT: 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.
CRFT
Largest movements
- Tangible fixed assets -€43,313
down €43,313 (-51.9%), from €83,477 to €40,164
of which Furniture and vehicles: -€31,213
- Cash -€19,413
down €19,413 (-99.4%), from €19,526 to €113
mainly Tax, wage and social debts (-€24,101) and Debts after one year (-€18,056)
- Receivables within one year +€4,799
up €4,799 (+64.8%), from €7,405 to €12,205
of which Trade receivables: +€7,588
- Deferred charges and accrued income +€2,741
up €2,741 (+206.8%), from €1,326 to €4,067
- Tax, wage and social debts -€24,101
down €24,101 (-91.0%), from €26,494 to €2,393
of which Remuneration and social security: -€22,805
- Debts after one year -€18,056
down €18,056 (-75.1%), from €24,030 to €5,974
of which Other amounts payable: -€24,030
- Current portion of long-term debt -€13,408
down €13,408 (-68.9%), from €19,464 to €6,056
- Profit (loss) carried forward -€11,087
down €11,087, from €9,694 to -€1,392
- Accrued charges and deferred income +€8,007
up €8,007 (+371.7%), from €2,154 to €10,161
- Gross operating margin -€11,828
down €11,828 (-28.7%), from €41,184 to €29,356
- Depreciation -€3,682
down €3,682 (-10.2%), from €36,140 to €32,458
- Financial charges +€3,027
up €3,027 (+1999.5%), from €151 to €3,178
- Taxes -€2,230
down €2,230, from €2,042 to -€189
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 | €111,734 | €56,548 | -€55,186 | -49.4% |
| Fixed assets | 21/28 | €83,477 | €40,164 | -€43,313 | -51.9% |
| Tangible fixed assets | 22/27 | €83,477 | €40,164 | -€43,313 | -51.9% |
| Plant, machinery and equipment | 23 | €19,950 | €14,532 | -€5,418 | -27.2% |
| Furniture and vehicles | 24 | €40,436 | €9,223 | -€31,213 | -77.2% |
| Other tangible fixed assets | 26 | €23,091 | €16,408 | -€6,683 | -28.9% |
| Current assets | 29/58 | €28,257 | €16,384 | -€11,873 | -42.0% |
| Amounts receivable within one year | 40/41 | €7,405 | €12,205 | +€4,799 | +64.8% |
| Trade receivables | 40 | €1,452 | €9,040 | +€7,588 | +522.6% |
| Other amounts receivable | 41 | €5,953 | €3,165 | -€2,788 | -46.8% |
| Cash at bank and in hand | 54/58 | €19,526 | €113 | -€19,413 | -99.4% |
| Deferred charges and accrued income | 490/1 | €1,326 | €4,067 | +€2,741 | +206.8% |
| Total equity and liabilities | 10/49 | €111,734 | €56,548 | -€55,186 | -49.4% |
| Equity | 10/15 | €38,653 | €27,566 | -€11,087 | -28.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,759 | €22,759 | = | 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 | €20,899 | €20,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,694 | -€1,392 | -€11,087 | |
| Amounts payable | 17/49 | €73,081 | €28,982 | -€44,099 | -60.3% |
| Amounts payable after more than one year | 17 | €24,030 | €5,974 | -€18,056 | -75.1% |
| Financial debts | 170/4 | - | €5,974 | +€5,974 | |
| Other amounts payable | 178/9 | €24,030 | - | -€24,030 | |
| Amounts payable within one year | 42/48 | €46,897 | €12,846 | -€34,051 | -72.6% |
| Current portion of amounts payable after more than one year | 42 | €19,464 | €6,056 | -€13,408 | -68.9% |
| Trade debts | 44 | €742 | €2,672 | +€1,930 | +260.2% |
| Suppliers | 440/4 | €742 | €2,672 | +€1,930 | +260.2% |
| Taxes, remuneration and social security | 45 | €26,494 | €2,393 | -€24,101 | -91.0% |
| Taxes | 450/3 | €3,689 | €2,393 | -€1,296 | -35.1% |
| Remuneration and social security | 454/9 | €22,805 | - | -€22,805 | |
| Other amounts payable | 47/48 | €197 | €1,725 | +€1,528 | +777.2% |
| Accrued charges and deferred income | 492/3 | €2,154 | €10,161 | +€8,007 | +371.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,140 | €32,458 | -€3,682 | -10.2% |
| Other operating charges | 640/8 | €1,171 | €1,200 | +€29 | +2.4% |
| Non-recurring operating charges | 66A | - | €3,910 | +€3,910 | |
| Gross operating margin | 9900 | €41,184 | €29,356 | -€11,828 | -28.7% |
| Operating profit (loss) | 9901 | €3,873 | -€8,212 | -€12,085 | |
| Financial income | 75/76B | €5 | €114 | +€109 | +2043.3% |
| Recurring financial income | 75 | €5 | €114 | +€109 | +2043.3% |
| Financial charges | 65/66B | €151 | €3,178 | +€3,027 | +1999.5% |
| Recurring financial charges | 65 | €151 | €3,178 | +€3,027 | +1999.5% |
| Profit (loss) for the period before taxes | 9903 | €3,727 | -€11,276 | -€15,003 | |
| Income taxes | 67/77 | €2,042 | -€189 | -€2,230 | |
| Profit (loss) for the period | 9904 | €1,685 | -€11,087 | -€12,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,685 | -€11,087 | -€12,772 |
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 12 October 2026 via checked.be.