CRIVE: 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.
CRIVE
Largest movements
- Tangible fixed assets +€281,015
up €281,015 (+15.1%), from €1.9m to €2.1m
of which Land and buildings: +€280,100
- Cash -€82,107
down €82,107 (-12.9%), from €634,879 to €552,773
mainly Investment in fixed assets (net) (-€383,811) and Tax, wage and social debts (-€68,500)
- Profit (loss) carried forward +€292,783
up €292,783 (+13.6%), from €2.2m to €2.5m
- Tax, wage and social debts -€68,500
no longer reported in 2025 (was €68,500)
- Taxes -€62,953
down €62,953, from €45,411 to -€17,542
- Other operating charges -€41,946
down €41,946 (-71.6%), from €58,577 to €16,631
- Gross operating margin +€32,662
up €32,662 (+23.2%), from €140,940 to €173,602
- Financial income +€28,422
up €28,422 (+10.4%), from €274,519 to €302,941
of which Financial income: +€28,396
- Staff costs +€24,392
new in 2025: €24,392
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 | €2,888,440 | €3,091,557 | +€203,118 | +7.0% |
| Fixed assets | 21/28 | €2,253,241 | €2,534,282 | +€281,041 | +12.5% |
| Tangible fixed assets | 22/27 | €1,864,201 | €2,145,215 | +€281,015 | +15.1% |
| Land and buildings | 22 | €1,864,201 | €2,144,300 | +€280,100 | +15.0% |
| Assets under construction and advance payments | 27 | - | €915 | +€915 | |
| Financial fixed assets | 28 | €389,041 | €389,067 | +€26 | 0.0% |
| Current assets | 29/58 | €635,198 | €557,275 | -€77,923 | -12.3% |
| Amounts receivable within one year | 40/41 | - | €4,185 | +€4,185 | |
| Trade receivables | 40 | - | €4,185 | +€4,185 | |
| Current investments | 50/53 | €319 | €318 | -€1 | -0.4% |
| Cash at bank and in hand | 54/58 | €634,879 | €552,773 | -€82,107 | -12.9% |
| Total equity and liabilities | 10/49 | €2,888,440 | €3,091,557 | +€203,118 | +7.0% |
| Equity | 10/15 | €2,734,536 | €3,027,319 | +€292,783 | +10.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €513,510 | €513,510 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,510 | €13,510 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,510 | €13,510 | = | 0.0% |
| Distributable reserves | 133 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,159,526 | €2,452,309 | +€292,783 | +13.6% |
| Amounts payable | 17/49 | €153,904 | €64,238 | -€89,665 | -58.3% |
| Amounts payable after more than one year | 17 | €5,842 | €5,847 | +€5 | +0.1% |
| Other amounts payable | 178/9 | €5,842 | €5,847 | +€5 | +0.1% |
| Amounts payable within one year | 42/48 | €148,062 | €58,391 | -€89,671 | -60.6% |
| Trade debts | 44 | €13,062 | €891 | -€12,171 | -93.2% |
| Suppliers | 440/4 | €13,062 | €891 | -€12,171 | -93.2% |
| Taxes, remuneration and social security | 45 | €68,500 | - | -€68,500 | |
| Taxes | 450/3 | €68,500 | - | -€68,500 | |
| Other amounts payable | 47/48 | €66,500 | €57,500 | -€9,000 | -13.5% |
| Turnover | 70 | €191,346 | €199,747 | +€8,401 | +4.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,406 | €32,404 | -€18,002 | -35.7% |
| Remuneration, social security and pensions | 62 | - | €24,392 | +€24,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,580 | €102,770 | +€15,190 | +17.3% |
| Other operating charges | 640/8 | €58,577 | €16,631 | -€41,946 | -71.6% |
| Gross operating margin | 9900 | €140,940 | €173,602 | +€32,662 | +23.2% |
| Operating profit (loss) | 9901 | -€5,217 | €29,808 | +€35,026 | |
| Financial income | 75/76B | €274,519 | €302,941 | +€28,422 | +10.4% |
| Recurring financial income | 75 | €274,519 | €302,915 | +€28,396 | +10.3% |
| Non-recurring financial income | 76B | €0 | €26 | +€26 | +17180.0% |
| Financial charges | 65/66B | €75 | €8 | -€67 | -89.3% |
| Recurring financial charges | 65 | €75 | €7 | -€69 | -91.1% |
| Non-recurring financial charges | 66B | €75 | €1 | -€74 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | €269,226 | €332,741 | +€63,515 | +23.6% |
| Income taxes | 67/77 | €45,411 | -€17,542 | -€62,953 | |
| Profit (loss) for the period | 9904 | €223,815 | €350,283 | +€126,468 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €223,815 | €350,283 | +€126,468 | +56.5% |
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 28 September 2026 via checked.be.