CRIGAN: 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.
CRIGAN
Largest movements
- Current investments -€41,955
down €41,955 (-34.5%), from €121,451 to €79,496
- Cash +€4,580
up €4,580 (+60.4%), from €7,585 to €12,165
- Trade debts -€29,552
down €29,552 (-41.7%), from €70,875 to €41,322
- Other debts -€11,497
down €11,497 (-99.2%), from €11,595 to €98
- Reserves +€2,628
up €2,628 (+1.8%), from €142,560 to €145,188
- Gross operating margin -€8,866
no longer reported in 2025 (was €8,866)
- Taxes -€1,301
no longer reported in 2025 (was €1,301)
- Depreciation -€1,150
no longer reported in 2025 (was €1,150)
- Financial charges -€525
no longer reported in 2025 (was €525)
- Other operating charges -€279
no longer reported in 2025 (was €279)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,536 | €209,172 | -€39,363 | -15.8% |
| Fixed assets | 21/28 | €1,075 | €661 | -€413 | -38.5% |
| Tangible fixed assets | 22/27 | €383 | - | -€383 | |
| Plant, machinery and equipment | 23 | €383 | - | -€383 | |
| Financial fixed assets | 28 | €691 | €661 | -€30 | -4.3% |
| Current assets | 29/58 | €247,461 | €208,511 | -€38,950 | -15.7% |
| Amounts receivable after more than one year | 29 | €11,000 | €11,000 | = | 0.0% |
| Other amounts receivable | 291 | €11,000 | €11,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,945 | €104,370 | -€1,575 | -1.5% |
| Trade receivables | 40 | €96,899 | €100,179 | +€3,280 | +3.4% |
| Other amounts receivable | 41 | €9,046 | €4,192 | -€4,855 | -53.7% |
| Current investments | 50/53 | €121,451 | €79,496 | -€41,955 | -34.5% |
| Cash at bank and in hand | 54/58 | €7,585 | €12,165 | +€4,580 | +60.4% |
| Deferred charges and accrued income | 490/1 | €1,480 | €1,480 | = | 0.0% |
| Total equity and liabilities | 10/49 | €248,536 | €209,172 | -€39,363 | -15.8% |
| Equity | 10/15 | €159,462 | €162,090 | +€2,628 | +1.6% |
| Contributions | 10/11 | €16,902 | €16,902 | = | 0.0% |
| Contributions outside capital | 11 | €16,902 | €16,902 | = | 0.0% |
| Share premium | 1100/10 | €16,902 | €16,902 | = | 0.0% |
| Reserves | 13 | €142,560 | €145,188 | +€2,628 | +1.8% |
| Distributable reserves | 133 | €142,560 | €145,188 | +€2,628 | +1.8% |
| Amounts payable | 17/49 | €89,073 | €47,082 | -€41,991 | -47.1% |
| Amounts payable within one year | 42/48 | €89,073 | €47,082 | -€41,991 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €1,041 | €1,035 | -€6 | -0.6% |
| Trade debts | 44 | €70,875 | €41,322 | -€29,552 | -41.7% |
| Suppliers | 440/4 | €70,875 | €41,322 | -€29,552 | -41.7% |
| Advances received on contracts in progress | 46 | €30 | €15 | -€15 | -50.0% |
| Taxes, remuneration and social security | 45 | €5,534 | €4,613 | -€921 | -16.6% |
| Taxes | 450/3 | €4,006 | €3,856 | -€150 | -3.7% |
| Remuneration and social security | 454/9 | €1,528 | €757 | -€771 | -50.5% |
| Other amounts payable | 47/48 | €11,595 | €98 | -€11,497 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,150 | - | -€1,150 | |
| Other operating charges | 640/8 | €279 | - | -€279 | |
| Gross operating margin | 9900 | €8,866 | - | -€8,866 | |
| Operating profit (loss) | 9901 | €7,437 | - | -€7,437 | |
| Financial charges | 65/66B | €525 | - | -€525 | |
| Recurring financial charges | 65 | €525 | - | -€525 | |
| Profit (loss) for the period before taxes | 9903 | €6,912 | - | -€6,912 | |
| Income taxes | 67/77 | €1,301 | - | -€1,301 | |
| Profit (loss) for the period | 9904 | €5,611 | - | -€5,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,611 | - | -€5,611 |
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 13 October 2026 via checked.be.