CRITIS: 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.
CRITIS
Largest movements
- Current investments +€52,626
new in 2025: €52,626
- Cash -€39,471
down €39,471 (-33.9%), from €116,585 to €77,115
mainly Current investments (-€52,626) and Investment in fixed assets (net) (-€30,594)
- Receivables within one year +€17,378
up €17,378 (+80.9%), from €21,493 to €38,871
of which Other amounts receivable: +€16,551
- Stocks and contracts -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Tangible fixed assets +€5,230
up €5,230 (+7.6%), from €68,775 to €74,005
of which Furniture and vehicles: +€9,244
- Reserves +€20,637
up €20,637 (+20.3%), from €101,799 to €122,436
of which Distributable reserves: +€22,537
- Trade debts +€5,604
up €5,604 (+127.0%), from €4,412 to €10,016
- Debts after one year -€3,619
down €3,619 (-32.5%), from €11,143 to €7,523
- Gross operating margin -€40,451
down €40,451 (-41.1%), from €98,403 to €57,952
- Taxes -€17,550
down €17,550 (-68.5%), from €25,638 to €8,088
- Staff costs -€4,451
down €4,451 (-100.0%), from €4,451 to €0
- Financial income +€2,050
up €2,050 (+109.5%), from €1,872 to €3,922
- Financial charges -€1,068
down €1,068 (-49.0%), from €2,180 to €1,111
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 | €221,871 | €242,616 | +€20,745 | +9.3% |
| Fixed assets | 21/28 | €68,793 | €74,005 | +€5,211 | +7.6% |
| Tangible fixed assets | 22/27 | €68,775 | €74,005 | +€5,230 | +7.6% |
| Land and buildings | 22 | €22,113 | €19,758 | -€2,354 | -10.6% |
| Plant, machinery and equipment | 23 | €6,516 | €4,857 | -€1,660 | -25.5% |
| Furniture and vehicles | 24 | €40,146 | €49,390 | +€9,244 | +23.0% |
| Financial fixed assets | 28 | €19 | €0 | -€19 | -100.0% |
| Current assets | 29/58 | €153,078 | €168,611 | +€15,533 | +10.1% |
| Stocks and contracts in progress | 3 | €15,000 | €0 | -€15,000 | -100.0% |
| Contracts in progress | 37 | €15,000 | €0 | -€15,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €21,493 | €38,871 | +€17,378 | +80.9% |
| Trade receivables | 40 | €18,683 | €19,510 | +€827 | +4.4% |
| Other amounts receivable | 41 | €2,809 | €19,361 | +€16,551 | +589.2% |
| Current investments | 50/53 | - | €52,626 | +€52,626 | |
| Cash at bank and in hand | 54/58 | €116,585 | €77,115 | -€39,471 | -33.9% |
| Total equity and liabilities | 10/49 | €221,871 | €242,616 | +€20,745 | +9.3% |
| Equity | 10/15 | €197,923 | €218,560 | +€20,637 | +10.4% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Capital | 10 | €6,400 | - | -€6,400 | |
| Issued capital | 100 | €19,000 | - | -€19,000 | |
| Uncalled capital | 101 | €12,600 | - | -€12,600 | |
| Reserves | 13 | €101,799 | €122,436 | +€20,637 | +20.3% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Tax-exempt reserves | 132 | €10,715 | €10,715 | = | 0.0% |
| Distributable reserves | 133 | €89,184 | €111,722 | +€22,537 | +25.3% |
| Profit (loss) carried forward | 14 | €89,724 | €89,724 | +€0 | 0.0% |
| Amounts payable | 17/49 | €23,949 | €24,056 | +€107 | +0.4% |
| Amounts payable after more than one year | 17 | €11,143 | €7,523 | -€3,619 | -32.5% |
| Financial debts | 170/4 | €11,143 | €7,523 | -€3,619 | -32.5% |
| Amounts payable within one year | 42/48 | €11,606 | €16,259 | +€4,653 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €3,424 | €3,619 | +€195 | +5.7% |
| Trade debts | 44 | €4,412 | €10,016 | +€5,604 | +127.0% |
| Suppliers | 440/4 | €4,412 | €10,016 | +€5,604 | +127.0% |
| Taxes, remuneration and social security | 45 | €3,770 | €2,624 | -€1,147 | -30.4% |
| Taxes | 450/3 | €3,770 | €2,624 | -€1,147 | -30.4% |
| Accrued charges and deferred income | 492/3 | €1,200 | €274 | -€926 | -77.2% |
| Remuneration, social security and pensions | 62 | €4,451 | €0 | -€4,451 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,942 | €25,383 | +€441 | +1.8% |
| Other operating charges | 640/8 | €5,880 | €6,655 | +€775 | +13.2% |
| Gross operating margin | 9900 | €98,403 | €57,952 | -€40,451 | -41.1% |
| Operating profit (loss) | 9901 | €63,130 | €25,914 | -€37,215 | -59.0% |
| Financial income | 75/76B | €1,872 | €3,922 | +€2,050 | +109.5% |
| Recurring financial income | 75 | €1,872 | €3,922 | +€2,050 | +109.5% |
| Financial charges | 65/66B | €2,180 | €1,111 | -€1,068 | -49.0% |
| Recurring financial charges | 65 | €2,180 | €1,111 | -€1,068 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €62,822 | €28,725 | -€34,098 | -54.3% |
| Income taxes | 67/77 | €25,638 | €8,088 | -€17,550 | -68.5% |
| Profit (loss) for the period | 9904 | €37,184 | €20,637 | -€16,547 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,184 | €20,637 | -€16,547 | -44.5% |
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 2 October 2026 via checked.be.