CRISTAL: 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.
CRISTAL
Largest movements
- Receivables within one year -€61,051
down €61,051 (-40.8%), from €149,802 to €88,751
of which Trade receivables: -€64,220
- Deferred charges and accrued income -€43,920
down €43,920 (-99.9%), from €43,959 to €39
- Cash +€6,208
up €6,208 (+5.0%), from €125,276 to €131,484
mainly Receivables within one year (+€61,051) and Deferred charges and accrued income (+€43,920)
- Trade debts -€97,325
down €97,325 (-86.2%), from €112,918 to €15,593
- Tax, wage and social debts -€5,950
down €5,950 (-15.9%), from €37,536 to €31,586
of which Taxes: -€3,359
- Gross operating margin -€36,639
down €36,639 (-35.1%), from €104,454 to €67,815
- Taxes -€10,237
down €10,237 (-78.8%), from €12,996 to €2,760
- Other operating charges -€7,997
down €7,997 (-26.3%), from €30,380 to €22,382
- Depreciation +€3,179
up €3,179 (+123%), from €2,595 to €5,774
- Financial charges -€1,052
down €1,052 (-59.4%), from €1,770 to €718
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 | €350,397 | €249,206 | -€101,192 | -28.9% |
| Fixed assets | 21/28 | €30,844 | €28,320 | -€2,524 | -8.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €23,744 | €21,220 | -€2,524 | -10.6% |
| Plant, machinery and equipment | 23 | €0 | €1,644 | +€1,644 | |
| Furniture and vehicles | 24 | €23,744 | €19,576 | -€4,168 | -17.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €7,100 | €7,100 | = | 0.0% |
| Current assets | 29/58 | €319,554 | €220,886 | -€98,668 | -30.9% |
| Stocks and contracts in progress | 3 | €516 | €611 | +€95 | +18.4% |
| Stocks | 30/36 | €516 | €611 | +€95 | +18.4% |
| Amounts receivable within one year | 40/41 | €149,802 | €88,751 | -€61,051 | -40.8% |
| Trade receivables | 40 | €64,220 | €0 | -€64,220 | -100% |
| Other amounts receivable | 41 | €85,583 | €88,751 | +€3,169 | +3.7% |
| Cash at bank and in hand | 54/58 | €125,276 | €131,484 | +€6,208 | +5.0% |
| Deferred charges and accrued income | 490/1 | €43,959 | €39 | -€43,920 | -99.9% |
| Total equity and liabilities | 10/49 | €350,397 | €249,206 | -€101,192 | -28.9% |
| Equity | 10/15 | €199,169 | €202,026 | +€2,857 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,860 | €42,860 | = | 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 | €41,000 | €41,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,709 | €140,566 | +€2,857 | +2.1% |
| Amounts payable | 17/49 | €151,228 | €47,180 | -€104,049 | -68.8% |
| Amounts payable within one year | 42/48 | €150,454 | €47,180 | -€103,275 | -68.6% |
| Trade debts | 44 | €112,918 | €15,593 | -€97,325 | -86.2% |
| Suppliers | 440/4 | €112,918 | €15,593 | -€97,325 | -86.2% |
| Taxes, remuneration and social security | 45 | €37,536 | €31,586 | -€5,950 | -15.9% |
| Taxes | 450/3 | €21,573 | €18,215 | -€3,359 | -15.6% |
| Remuneration and social security | 454/9 | €15,963 | €13,372 | -€2,591 | -16.2% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €774 | €0 | -€774 | -100% |
| Remuneration, social security and pensions | 62 | €32,778 | €33,374 | +€596 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,595 | €5,774 | +€3,179 | +123% |
| Other operating charges | 640/8 | €30,380 | €22,382 | -€7,997 | -26.3% |
| Gross operating margin | 9900 | €104,454 | €67,815 | -€36,639 | -35.1% |
| Operating profit (loss) | 9901 | €38,701 | €6,285 | -€32,416 | -83.8% |
| Financial income | 75/76B | €10 | €50 | +€40 | +395% |
| Recurring financial income | 75 | €10 | €50 | +€40 | +395% |
| Financial charges | 65/66B | €1,770 | €718 | -€1,052 | -59.4% |
| Recurring financial charges | 65 | €1,770 | €718 | -€1,052 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €36,941 | €5,617 | -€31,324 | -84.8% |
| Income taxes | 67/77 | €12,996 | €2,760 | -€10,237 | -78.8% |
| Profit (loss) for the period | 9904 | €23,944 | €2,857 | -€21,087 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,944 | €2,857 | -€21,087 | -88.1% |
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 14 October 2026 via checked.be.