CRISTO: 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.
CRISTO
Largest movements
- Current investments -€100,000
down €100,000 (-55.6%), from €179,808 to €79,808
- Receivables within one year +€83,441
up €83,441 (+96.5%), from €86,475 to €169,916
of which Trade receivables: +€50,041
- Tangible fixed assets +€55,161
up €55,161 (+92.0%), from €59,954 to €115,116
of which Other tangible fixed assets: +€55,959
- Cash -€37,567
down €37,567 (-51.5%), from €73,012 to €35,445
mainly Investment in fixed assets (net) (-€95,476) and Receivables within one year (-€83,441)
- Stocks and contracts +€23,107
up €23,107 (+76.7%), from €30,111 to €53,218
- Profit (loss) carried forward -€60,093
down €60,093 (-25.0%), from €240,183 to €180,091
- Debts after one year +€42,014
up €42,014 (+266%), from €15,807 to €57,821
- Trade debts +€28,114
up €28,114 (+134%), from €20,962 to €49,076
- Current portion of long-term debt +€9,623
up €9,623 (+56.9%), from €16,905 to €26,528
- Accrued charges and deferred income +€7,275
up €7,275 (+332%), from €2,194 to €9,469
- Staff costs +€68,868
up €68,868 (+867%), from €7,940 to €76,808
- Depreciation +€13,855
up €13,855 (+52.4%), from €26,460 to €40,315
- Gross operating margin +€11,915
up €11,915 (+25.3%), from €47,181 to €59,096
- Taxes -€3,647
down €3,647 (-89.9%), from €4,058 to €411
- Financial charges +€1,896
up €1,896 (+107%), from €1,779 to €3,676
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 | €445,417 | €471,561 | +€26,144 | +5.9% |
| Fixed assets | 21/28 | €76,011 | €131,172 | +€55,161 | +72.6% |
| Tangible fixed assets | 22/27 | €59,954 | €115,116 | +€55,161 | +92.0% |
| Plant, machinery and equipment | 23 | €3,638 | €8,034 | +€4,396 | +121% |
| Furniture and vehicles | 24 | €32,761 | €27,568 | -€5,193 | -15.9% |
| Other tangible fixed assets | 26 | €23,555 | €79,514 | +€55,959 | +238% |
| Financial fixed assets | 28 | €16,057 | €16,057 | = | 0.0% |
| Current assets | 29/58 | €369,406 | €340,388 | -€29,018 | -7.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €30,111 | €53,218 | +€23,107 | +76.7% |
| Stocks | 30/36 | €30,111 | €53,218 | +€23,107 | +76.7% |
| Amounts receivable within one year | 40/41 | €86,475 | €169,916 | +€83,441 | +96.5% |
| Trade receivables | 40 | €35,736 | €85,777 | +€50,041 | +140% |
| Other amounts receivable | 41 | €50,739 | €84,139 | +€33,399 | +65.8% |
| Current investments | 50/53 | €179,808 | €79,808 | -€100,000 | -55.6% |
| Cash at bank and in hand | 54/58 | €73,012 | €35,445 | -€37,567 | -51.5% |
| Deferred charges and accrued income | 490/1 | - | €2,002 | +€2,002 | |
| Total equity and liabilities | 10/49 | €445,417 | €471,561 | +€26,144 | +5.9% |
| Equity | 10/15 | €384,971 | €324,878 | -€60,093 | -15.6% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €54,788 | €54,788 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €45,788 | €45,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | €240,183 | €180,091 | -€60,093 | -25.0% |
| Amounts payable | 17/49 | €60,446 | €146,683 | +€86,237 | +143% |
| Amounts payable after more than one year | 17 | €15,807 | €57,821 | +€42,014 | +266% |
| Financial debts | 170/4 | €15,807 | €57,821 | +€42,014 | +266% |
| Amounts payable within one year | 42/48 | €42,446 | €79,393 | +€36,947 | +87.0% |
| Current portion of amounts payable after more than one year | 42 | €16,905 | €26,528 | +€9,623 | +56.9% |
| Trade debts | 44 | €20,962 | €49,076 | +€28,114 | +134% |
| Suppliers | 440/4 | €20,962 | €49,076 | +€28,114 | +134% |
| Taxes, remuneration and social security | 45 | €1,034 | €244 | -€790 | -76.4% |
| Taxes | 450/3 | €452 | €244 | -€208 | -46.1% |
| Remuneration and social security | 454/9 | €582 | €0 | -€582 | -100% |
| Other amounts payable | 47/48 | €3,545 | €3,545 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,194 | €9,469 | +€7,275 | +332% |
| Remuneration, social security and pensions | 62 | €7,940 | €76,808 | +€68,868 | +867% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,460 | €40,315 | +€13,855 | +52.4% |
| Other operating charges | 640/8 | €2,175 | €3,645 | +€1,470 | +67.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €47,181 | €59,096 | +€11,915 | +25.3% |
| Operating profit (loss) | 9901 | €10,605 | -€61,672 | -€72,278 | |
| Financial income | 75/76B | €4,752 | €5,667 | +€914 | +19.2% |
| Recurring financial income | 75 | €4,752 | €5,667 | +€914 | +19.2% |
| Financial charges | 65/66B | €1,779 | €3,676 | +€1,896 | +107% |
| Recurring financial charges | 65 | €1,779 | €3,676 | +€1,896 | +107% |
| Profit (loss) for the period before taxes | 9903 | €13,578 | -€59,682 | -€73,260 | |
| Income taxes | 67/77 | €4,058 | €411 | -€3,647 | -89.9% |
| Profit (loss) for the period | 9904 | €9,520 | -€60,093 | -€69,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,520 | -€60,093 | -€69,613 |
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 17 October 2026 via checked.be.