Cristian D: 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.
Cristian D
Largest movements
- Receivables within one year +€23,543
up €23,543 (+15.7%), from €149,900 to €173,443
of which Trade receivables: +€17,967
- Cash +€7,110
up €7,110 (+343%), from €2,074 to €9,184
mainly Trade debts (+€28,937) and Advances received (+€6,050)
- Deferred charges and accrued income +€2,290
up €2,290 (+114%), from €2,009 to €4,299
- Trade debts +€28,937
up €28,937 (+37.3%), from €77,499 to €106,435
- Advances received +€6,050
up €6,050 (+204%), from €2,969 to €9,019
- Other debts -€5,477
down €5,477 (-98.5%), from €5,563 to €86
- Profit (loss) carried forward +€5,384
up €5,384 (+8.4%), from €63,804 to €69,188
- Accrued charges and deferred income -€2,123
no longer reported in 2025 (was €2,123)
- Financial income +€3,744
up €3,744 (+22,511%), from €17 to €3,760
- Financial charges -€3,736
down €3,736 (-64.6%), from €5,779 to €2,044
- Taxes +€2,312
up €2,312 (+87.6%), from €2,640 to €4,952
- Other operating charges -€881
down €881 (-15.1%), from €5,852 to €4,971
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 | €158,597 | €190,475 | +€31,878 | +20.1% |
| Fixed assets | 21/28 | €4,614 | €3,549 | -€1,065 | -23.1% |
| Intangible fixed assets | 21 | €3,266 | €2,154 | -€1,112 | -34.0% |
| Tangible fixed assets | 22/27 | €1,348 | €1,395 | +€47 | +3.5% |
| Plant, machinery and equipment | 23 | €902 | €1,395 | +€493 | +54.7% |
| Furniture and vehicles | 24 | €446 | - | -€446 | |
| Current assets | 29/58 | €153,983 | €186,926 | +€32,943 | +21.4% |
| Amounts receivable within one year | 40/41 | €149,900 | €173,443 | +€23,543 | +15.7% |
| Trade receivables | 40 | €133,220 | €151,186 | +€17,967 | +13.5% |
| Other amounts receivable | 41 | €16,681 | €22,257 | +€5,576 | +33.4% |
| Cash at bank and in hand | 54/58 | €2,074 | €9,184 | +€7,110 | +343% |
| Deferred charges and accrued income | 490/1 | €2,009 | €4,299 | +€2,290 | +114% |
| Total equity and liabilities | 10/49 | €158,597 | €190,475 | +€31,878 | +20.1% |
| Equity | 10/15 | €64,304 | €69,688 | +€5,384 | +8.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,804 | €69,188 | +€5,384 | +8.4% |
| Amounts payable | 17/49 | €94,293 | €120,787 | +€26,494 | +28.1% |
| Amounts payable within one year | 42/48 | €92,169 | €120,787 | +€28,618 | +31.0% |
| Trade debts | 44 | €77,499 | €106,435 | +€28,937 | +37.3% |
| Suppliers | 440/4 | €77,499 | €106,435 | +€28,937 | +37.3% |
| Advances received on contracts in progress | 46 | €2,969 | €9,019 | +€6,050 | +204% |
| Taxes, remuneration and social security | 45 | €6,138 | €5,246 | -€892 | -14.5% |
| Taxes | 450/3 | €6,138 | €5,246 | -€892 | -14.5% |
| Other amounts payable | 47/48 | €5,563 | €86 | -€5,477 | -98.5% |
| Accrued charges and deferred income | 492/3 | €2,123 | - | -€2,123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,247 | €2,314 | +€67 | +3.0% |
| Other operating charges | 640/8 | €5,852 | €4,971 | -€881 | -15.1% |
| Gross operating margin | 9900 | €15,926 | €15,904 | -€22 | -0.1% |
| Operating profit (loss) | 9901 | €7,827 | €8,619 | +€792 | +10.1% |
| Financial income | 75/76B | €17 | €3,760 | +€3,744 | +22,511% |
| Recurring financial income | 75 | €17 | €3,760 | +€3,744 | +22,511% |
| Financial charges | 65/66B | €5,779 | €2,044 | -€3,736 | -64.6% |
| Recurring financial charges | 65 | €5,779 | €2,044 | -€3,736 | -64.6% |
| Profit (loss) for the period before taxes | 9903 | €2,064 | €10,336 | +€8,272 | +401% |
| Income taxes | 67/77 | €2,640 | €4,952 | +€2,312 | +87.6% |
| Profit (loss) for the period | 9904 | -€576 | €5,384 | +€5,960 | |
| Profit (loss) for the period to be appropriated | 9905 | -€576 | €5,384 | +€5,960 |
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 28 October 2026 via checked.be.