CRITSER & ASSOCIATES: 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.
CRITSER & ASSOCIATES
Largest movements
- Tangible fixed assets -€10,522
down €10,522 (-47.3%), from €22,223 to €11,701
of which Furniture and vehicles: -€10,139
- Receivables within one year -€8,092
down €8,092 (-99.0%), from €8,177 to €85
of which Trade receivables: -€5,955
- Receivables after one year -€4,818
down €4,818 (-5.1%), from €94,196 to €89,379
- Tax, wage and social debts -€21,884
down €21,884 (-92.7%), from €23,608 to €1,724
of which Taxes: -€22,046
- Debts after one year -€4,366
down €4,366 (-31.6%), from €13,819 to €9,453
- Gross operating margin +€10,496
up €10,496, from -€1,575 to €8,921
- Financial income -€984
down €984 (-15.6%), from €6,322 to €5,339
- Other operating charges +€661
up €661 (+152%), from €436 to €1,097
- Financial charges +€434
up €434 (+30.9%), from €1,404 to €1,839
- Taxes +€311
up €311 (+289%), from €108 to €419
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 | €131,174 | €106,802 | -€24,372 | -18.6% |
| Fixed assets | 21/28 | €22,223 | €11,701 | -€10,522 | -47.3% |
| Tangible fixed assets | 22/27 | €22,223 | €11,701 | -€10,522 | -47.3% |
| Furniture and vehicles | 24 | €19,120 | €8,981 | -€10,139 | -53.0% |
| Other tangible fixed assets | 26 | €3,103 | €2,720 | -€383 | -12.3% |
| Current assets | 29/58 | €108,951 | €95,101 | -€13,850 | -12.7% |
| Amounts receivable after more than one year | 29 | €94,196 | €89,379 | -€4,818 | -5.1% |
| Other amounts receivable | 291 | €94,196 | €89,379 | -€4,818 | -5.1% |
| Amounts receivable within one year | 40/41 | €8,177 | €85 | -€8,092 | -99.0% |
| Trade receivables | 40 | €5,955 | €0 | -€5,955 | -100% |
| Other amounts receivable | 41 | €2,222 | €85 | -€2,137 | -96.2% |
| Cash at bank and in hand | 54/58 | €226 | €308 | +€82 | +36.4% |
| Deferred charges and accrued income | 490/1 | €6,352 | €5,330 | -€1,022 | -16.1% |
| Total equity and liabilities | 10/49 | €131,174 | €106,802 | -€24,372 | -18.6% |
| Equity | 10/15 | €87,176 | €87,559 | +€383 | +0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,898 | €89,898 | = | 0.0% |
| Distributable reserves | 133 | €89,898 | €89,898 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,722 | -€7,339 | +€383 | +5.0% |
| Amounts payable | 17/49 | €43,998 | €19,243 | -€24,755 | -56.3% |
| Amounts payable after more than one year | 17 | €13,819 | €9,453 | -€4,366 | -31.6% |
| Financial debts | 170/4 | €13,819 | €9,453 | -€4,366 | -31.6% |
| Amounts payable within one year | 42/48 | €30,179 | €9,790 | -€20,389 | -67.6% |
| Current portion of amounts payable after more than one year | 42 | €4,143 | €4,366 | +€224 | +5.4% |
| Trade debts | 44 | €2,428 | €3,700 | +€1,272 | +52.4% |
| Suppliers | 440/4 | €2,428 | €3,700 | +€1,272 | +52.4% |
| Taxes, remuneration and social security | 45 | €23,608 | €1,724 | -€21,884 | -92.7% |
| Taxes | 450/3 | €22,576 | €530 | -€22,046 | -97.7% |
| Remuneration and social security | 454/9 | €1,032 | €1,194 | +€162 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,522 | €10,522 | = | 0.0% |
| Other operating charges | 640/8 | €436 | €1,097 | +€661 | +152% |
| Gross operating margin | 9900 | -€1,575 | €8,921 | +€10,496 | |
| Operating profit (loss) | 9901 | -€12,532 | -€2,698 | +€9,835 | +78.5% |
| Financial income | 75/76B | €6,322 | €5,339 | -€984 | -15.6% |
| Recurring financial income | 75 | €6,322 | €5,339 | -€984 | -15.6% |
| Financial charges | 65/66B | €1,404 | €1,839 | +€434 | +30.9% |
| Recurring financial charges | 65 | €1,404 | €1,839 | +€434 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,615 | €802 | +€8,417 | |
| Income taxes | 67/77 | €108 | €419 | +€311 | +289% |
| Profit (loss) for the period | 9904 | -€7,722 | €383 | +€8,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,722 | €383 | +€8,106 |
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 25 October 2026 via checked.be.