CRISTAL: 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.
CRISTAL
Largest movements
- Receivables within one year +€99,248
up €99,248 (+259.8%), from €38,197 to €137,445
- Tangible fixed assets -€20,241
down €20,241 (-3.7%), from €541,262 to €521,021
- Cash +€7,019
up €7,019 (+171.3%), from €4,098 to €11,117
mainly Debts after one year (+€169,398) and Depreciation (+€20,241)
- Debts after one year +€169,398
up €169,398 (+38.6%), from €438,561 to €607,959
- Other debts -€82,531
down €82,531 (-59.3%), from €139,194 to €56,663
- Financial charges +€15,386
up €15,386 (+93.4%), from €16,467 to €31,853
of which Financial charges: +€18,175
- Gross operating margin +€7,470
up €7,470 (+14.3%), from €52,171 to €59,641
- Other operating charges +€2,018
up €2,018 (+70.0%), from €2,883 to €4,901
- Financial income +€628
up €628 (+87.2%), from €720 to €1,348
of which Financial income: +€628
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 | €583,557 | €669,584 | +€86,027 | +14.7% |
| Fixed assets | 21/28 | €541,262 | €521,021 | -€20,241 | -3.7% |
| Tangible fixed assets | 22/27 | €541,262 | €521,021 | -€20,241 | -3.7% |
| Land and buildings | 22 | €541,262 | €521,021 | -€20,241 | -3.7% |
| Current assets | 29/58 | €42,295 | €148,562 | +€106,267 | +251.3% |
| Amounts receivable within one year | 40/41 | €38,197 | €137,445 | +€99,248 | +259.8% |
| Other amounts receivable | 41 | €38,197 | €137,445 | +€99,248 | +259.8% |
| Cash at bank and in hand | 54/58 | €4,098 | €11,117 | +€7,019 | +171.3% |
| Total equity and liabilities | 10/49 | €583,557 | €669,584 | +€86,027 | +14.7% |
| Equity | 10/15 | -€22,656 | -€18,662 | +€3,994 | +17.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,656 | -€38,662 | +€3,994 | +9.4% |
| Amounts payable | 17/49 | €606,213 | €688,246 | +€82,033 | +13.5% |
| Amounts payable after more than one year | 17 | €438,561 | €607,959 | +€169,398 | +38.6% |
| Financial debts | 170/4 | €438,561 | €607,959 | +€169,398 | +38.6% |
| Amounts payable within one year | 42/48 | €167,652 | €80,287 | -€87,365 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €27,068 | €23,275 | -€3,793 | -14.0% |
| Trade debts | 44 | €1,390 | €349 | -€1,041 | -74.9% |
| Suppliers | 440/4 | €1,390 | €349 | -€1,041 | -74.9% |
| Other amounts payable | 47/48 | €139,194 | €56,663 | -€82,531 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,095 | €20,241 | +€146 | +0.7% |
| Other operating charges | 640/8 | €2,883 | €4,901 | +€2,018 | +70.0% |
| Gross operating margin | 9900 | €52,171 | €59,641 | +€7,470 | +14.3% |
| Operating profit (loss) | 9901 | €29,193 | €34,500 | +€5,307 | +18.2% |
| Financial income | 75/76B | €720 | €1,348 | +€628 | +87.2% |
| Recurring financial income | 75 | €720 | €1,348 | +€628 | +87.2% |
| Non-recurring financial income | 76B | €720 | €0 | -€720 | -100.0% |
| Financial charges | 65/66B | €16,467 | €31,853 | +€15,386 | +93.4% |
| Recurring financial charges | 65 | €13,678 | €31,853 | +€18,175 | +132.9% |
| Non-recurring financial charges | 66B | €2,789 | €0 | -€2,789 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €13,446 | €3,994 | -€9,452 | -70.3% |
| Profit (loss) for the period | 9904 | €13,446 | €3,994 | -€9,452 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,446 | €3,994 | -€9,452 | -70.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.