CRISTHOLD: what changed
CRISTHOLD
Largest movements
- Receivables within one year -€1,715
down €1,715 (-12.2%), from €14,058 to €12,343
of which Trade receivables: -€1,343
- Cash -€953
down €953 (-92.4%), from €1,031 to €79
mainly Trade debts (-€4,943)
- Trade debts -€4,943
down €4,943 (-37.9%), from €13,025 to €8,082
- Profit (loss) carried forward +€2,275
up €2,275 (+81.0%), from €2,809 to €5,084
- Gross operating margin +€4,342
up €4,342, from -€1,236 to €3,106
- Depreciation -€223
no longer reported in 2025 (was €223)
- Financial charges +€44
up €44 (+11.3%), from €387 to €431
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,094 | €27,426 | -€2,668 | -8.9% |
| Fixed assets | 21/28 | €15,005 | €15,005 | = | 0.0% |
| Financial fixed assets | 28 | €15,005 | €15,005 | = | 0.0% |
| Current assets | 29/58 | €15,090 | €12,422 | -€2,668 | -17.7% |
| Amounts receivable within one year | 40/41 | €14,058 | €12,343 | -€1,715 | -12.2% |
| Trade receivables | 40 | €10,000 | €8,657 | -€1,343 | -13.4% |
| Other amounts receivable | 41 | €4,058 | €3,686 | -€373 | -9.2% |
| Cash at bank and in hand | 54/58 | €1,031 | €79 | -€953 | -92.4% |
| Total equity and liabilities | 10/49 | €30,094 | €27,426 | -€2,668 | -8.9% |
| Equity | 10/15 | €17,069 | €19,344 | +€2,275 | +13.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,809 | €5,084 | +€2,275 | +81.0% |
| Amounts payable | 17/49 | €13,025 | €8,082 | -€4,943 | -37.9% |
| Amounts payable within one year | 42/48 | €13,025 | €8,082 | -€4,943 | -37.9% |
| Trade debts | 44 | €13,025 | €8,082 | -€4,943 | -37.9% |
| Suppliers | 440/4 | €13,025 | €8,082 | -€4,943 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | - | -€223 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,236 | €3,106 | +€4,342 | |
| Operating profit (loss) | 9901 | -€1,846 | €2,706 | +€4,552 | |
| Financial charges | 65/66B | €387 | €431 | +€44 | +11.3% |
| Recurring financial charges | 65 | €387 | €431 | +€44 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,234 | €2,275 | +€4,508 | |
| Profit (loss) for the period | 9904 | -€2,234 | €2,275 | +€4,508 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,234 | €2,275 | +€4,508 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.