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CRIEL: what changed

Two fiscal 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.

What changed

CRIEL

BE 0476.380.262
NACE 43.211, General electrical installation work
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€43,246
2025 · €170,476-€127,230
Equity
€5.0m
2025 · €4.9m+€43,246
Cash
€4.0m
2025 · €3.8m+€211,397
Balance sheet total
€5.2m
2025 · €5.1m+€128,032

Largest movements

2025 to 2026
Assets
  • Cash +€211,397

    up €211,397 (+5.5%), from €3.8m to €4.0m

    mainly Stocks and contracts (+€186,817) and Tax, wage and social debts (+€96,384)

  • Stocks and contracts -€186,817

    down €186,817 (-15.2%), from €1.2m to €1.0m

  • Receivables within one year +€61,651

    up €61,651 (+153.0%), from €40,287 to €101,938

Equity and liabilities
  • Tax, wage and social debts +€96,384

    up €96,384 (+150.1%), from €64,209 to €160,593

Income statement
  • Financial income -€96,971

    down €96,971 (-62.3%), from €155,695 to €58,724

  • Gross operating margin -€61,283

    down €61,283 (-80.6%), from €76,023 to €14,740

  • Taxes -€43,682

    down €43,682 (-74.6%), from €58,587 to €14,905

  • Depreciation +€10,841

    up €10,841 (+441.2%), from €2,457 to €13,298

  • Financial charges +€1,149

    up €1,149 (+814.9%), from €141 to €1,290

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €170,476
Gross operating margin -€61,283
Staff costs -€685
Depreciation -€10,841
Other operating charges +€17
Financial income -€96,971
Financial charges -€1,149
Taxes +€43,682
Result 2026 €43,246

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€266,897
Investment -€55,500
Financing €0
Cash 2025 €3.8m
Net result for the year +€43,246
Depreciation +€13,298
Stocks and contracts +€186,817
Receivables within one year -€61,651
Deferred charges and accrued income +€401
Trade debts -€1,911
Tax, wage and social debts +€96,384
Other debts -€3,687
Accrued charges and deferred income -€6,000
Investment in fixed assets (net) -€55,500
Cash 2026 €4.0m
Every line side by side 40 lines
Line Code 2025 2026 Change %
Total assets 20/58 €5,093,915 €5,221,947 +€128,032 +2.5%
Fixed assets 21/28 €9,260 €51,462 +€42,202 +455.7%
Tangible fixed assets 22/27 €8,838 €51,040 +€42,202 +477.5%
Furniture and vehicles 24 €8,838 €51,040 +€42,202 +477.5%
Financial fixed assets 28 €422 €422 = 0.0%
Current assets 29/58 €5,084,655 €5,170,485 +€85,830 +1.7%
Stocks and contracts in progress 3 €1,230,419 €1,043,602 -€186,817 -15.2%
Stocks 30/36 €1,230,419 €1,043,602 -€186,817 -15.2%
Amounts receivable within one year 40/41 €40,287 €101,938 +€61,651 +153.0%
Trade receivables 40 €40,287 €101,938 +€61,651 +153.0%
Cash at bank and in hand 54/58 €3,813,428 €4,024,825 +€211,397 +5.5%
Deferred charges and accrued income 490/1 €521 €120 -€401 -77.0%
Total equity and liabilities 10/49 €5,093,915 €5,221,947 +€128,032 +2.5%
Equity 10/15 €4,920,293 €4,963,539 +€43,246 +0.9%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €154,562 €154,562 = 0.0%
Tax-exempt reserves 132 €56,250 €56,250 = 0.0%
Distributable reserves 133 €98,312 €98,312 = 0.0%
Profit (loss) carried forward 14 €4,747,131 €4,790,377 +€43,246 +0.9%
Amounts payable 17/49 €173,622 €258,408 +€84,786 +48.8%
Amounts payable within one year 42/48 €167,622 €258,408 +€90,786 +54.2%
Trade debts 44 €80,241 €78,330 -€1,911 -2.4%
Suppliers 440/4 €80,241 €78,330 -€1,911 -2.4%
Taxes, remuneration and social security 45 €64,209 €160,593 +€96,384 +150.1%
Taxes 450/3 €64,209 €160,593 +€96,384 +150.1%
Other amounts payable 47/48 €23,172 €19,485 -€3,687 -15.9%
Accrued charges and deferred income 492/3 €6,000 - -€6,000
Remuneration, social security and pensions 62 -€685 - +€685
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,457 €13,298 +€10,841 +441.2%
Other operating charges 640/8 €742 €725 -€17 -2.3%
Gross operating margin 9900 €76,023 €14,740 -€61,283 -80.6%
Operating profit (loss) 9901 €73,509 €717 -€72,792 -99.0%
Financial income 75/76B €155,695 €58,724 -€96,971 -62.3%
Recurring financial income 75 €155,695 €58,724 -€96,971 -62.3%
Financial charges 65/66B €141 €1,290 +€1,149 +814.9%
Recurring financial charges 65 €141 €1,290 +€1,149 +814.9%
Profit (loss) for the period before taxes 9903 €229,063 €58,151 -€170,912 -74.6%
Income taxes 67/77 €58,587 €14,905 -€43,682 -74.6%
Profit (loss) for the period 9904 €170,476 €43,246 -€127,230 -74.6%
Profit (loss) for the period to be appropriated 9905 €170,476 €43,246 -€127,230 -74.6%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.