CRIVER: 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.
CRIVER
Largest movements
- Cash -€110,429
down €110,429 (-79.0%), from €139,789 to €29,360
mainly Debts after one year (-€170,000) and Contributions, distributions and other (-€18,550)
- Tangible fixed assets -€10,232
down €10,232 (-2.6%), from €387,373 to €377,141
of which Land and buildings: -€9,697
- Debts after one year -€170,000
no longer reported in 2025 (was €170,000)
- Reserves +€63,315
up €63,315 (+33.9%), from €186,696 to €250,012
of which Distributable reserves: +€63,315
- Other debts +€19,736
up €19,736 (+580.6%), from €3,399 to €23,135
- Contributions -€18,550
no longer reported in 2025 (was €18,550)
- Tax, wage and social debts -€12,017
no longer reported in 2025 (was €12,017)
- Taxes +€7,554
up €7,554 (+40.8%), from €18,530 to €26,083
- Financial charges -€2,732
down €2,732 (-29.3%), from €9,331 to €6,600
- Other operating charges +€2,108
up €2,108 (+308.9%), from €682 to €2,790
- Gross operating margin +€1,758
up €1,758 (+1.7%), from €106,425 to €108,183
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 | €528,947 | €410,690 | -€118,257 | -22.4% |
| Fixed assets | 21/28 | €387,398 | €377,166 | -€10,232 | -2.6% |
| Tangible fixed assets | 22/27 | €387,373 | €377,141 | -€10,232 | -2.6% |
| Land and buildings | 22 | €386,637 | €376,940 | -€9,697 | -2.5% |
| Furniture and vehicles | 24 | €736 | €201 | -€535 | -72.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €141,549 | €33,524 | -€108,025 | -76.3% |
| Amounts receivable within one year | 40/41 | - | €2,310 | +€2,310 | |
| Other amounts receivable | 41 | - | €2,310 | +€2,310 | |
| Cash at bank and in hand | 54/58 | €139,789 | €29,360 | -€110,429 | -79.0% |
| Deferred charges and accrued income | 490/1 | €1,760 | €1,854 | +€94 | +5.3% |
| Total equity and liabilities | 10/49 | €528,947 | €410,690 | -€118,257 | -22.4% |
| Equity | 10/15 | €341,372 | €386,137 | +€44,765 | +13.1% |
| Contributions | 10/11 | €18,550 | - | -€18,550 | |
| Outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €186,696 | €250,012 | +€63,315 | +33.9% |
| Non-distributable reserves | 130/1 | €4,718 | €4,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,718 | €4,718 | = | 0.0% |
| Distributable reserves | 133 | €181,978 | €245,294 | +€63,315 | +34.8% |
| Profit (loss) carried forward | 14 | €136,125 | €136,125 | = | 0.0% |
| Amounts payable | 17/49 | €187,575 | €24,552 | -€163,022 | -86.9% |
| Amounts payable after more than one year | 17 | €170,000 | - | -€170,000 | |
| Financial debts | 170/4 | €170,000 | - | -€170,000 | |
| Amounts payable within one year | 42/48 | €17,575 | €24,552 | +€6,978 | +39.7% |
| Trade debts | 44 | €2,159 | €1,417 | -€741 | -34.3% |
| Suppliers | 440/4 | €2,159 | €1,417 | -€741 | -34.3% |
| Taxes, remuneration and social security | 45 | €12,017 | - | -€12,017 | |
| Taxes | 450/3 | €12,017 | - | -€12,017 | |
| Other amounts payable | 47/48 | €3,399 | €23,135 | +€19,736 | +580.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,302 | €10,232 | -€70 | -0.7% |
| Other operating charges | 640/8 | €682 | €2,790 | +€2,108 | +308.9% |
| Gross operating margin | 9900 | €106,425 | €108,183 | +€1,758 | +1.7% |
| Operating profit (loss) | 9901 | €95,441 | €95,161 | -€280 | -0.3% |
| Financial income | 75/76B | €1 | €837 | +€836 | +64319.2% |
| Recurring financial income | 75 | €1 | €837 | +€836 | +64319.2% |
| Financial charges | 65/66B | €9,331 | €6,600 | -€2,732 | -29.3% |
| Recurring financial charges | 65 | €9,331 | €6,600 | -€2,732 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €86,111 | €89,399 | +€3,288 | +3.8% |
| Income taxes | 67/77 | €18,530 | €26,083 | +€7,554 | +40.8% |
| Profit (loss) for the period | 9904 | €67,581 | €63,315 | -€4,266 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,581 | €63,315 | -€4,266 | -6.3% |
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 6 October 2026 via checked.be.