CRM MANAGEMENT: what changed
What changed
CRM MANAGEMENT
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€56,048
2024 · €25,960+€30,088
Equity
€153,066
2024 · €97,018+€56,048
Cash
€68,914
2024 · €31,074+€37,840
Balance sheet total
€164,499
2024 · €131,357+€33,142
Largest movements
Assets
- Cash +€37,840
up €37,840 (+122%), from €31,074 to €68,914
mainly Net result for the year (+€56,048) and Depreciation (+€7,863)
- Tangible fixed assets -€6,442
down €6,442 (-31.5%), from €20,454 to €14,012
of which Furniture and vehicles: -€6,683
Equity and liabilities
- Reserves +€56,048
up €56,048 (+71.5%), from €78,418 to €134,466
- Debts after one year -€21,449
down €21,449 (-100%), from €21,449 to €0
Income statement
- Gross operating margin +€34,257
up €34,257 (+75.7%), from €45,233 to €79,490
- Taxes +€4,416
up €4,416 (+43.6%), from €10,137 to €14,553
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,960
Gross operating margin
+€34,257
Depreciation
+€113
Other operating charges
+€177
Financial income
-€5
Financial charges
-€39
Taxes
-€4,416
Result 2025
€56,048
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€60,710
Investment
-€1,420
Financing
-€21,449
Cash 2024
€31,074
From operations (derived)
+€60,710
Net result for the year
+€56,048
Depreciation
+€7,863
Receivables within one year
-€966
Deferred charges and accrued income
-€778
Trade debts
-€221
Tax, wage and social debts
-€1,238
Other debts
+€1
Investment (derived)
-€1,420
Investment in fixed assets (net)
-€1,420
Financing
-€21,449
Debts after one year
-€21,449
Cash 2025
€68,914
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,357 | €164,499 | +€33,142 | +25.2% |
| Fixed assets | 21/28 | €85,454 | €79,012 | -€6,442 | -7.5% |
| Tangible fixed assets | 22/27 | €20,454 | €14,012 | -€6,442 | -31.5% |
| Plant, machinery and equipment | 23 | - | €1,214 | +€1,214 | |
| Furniture and vehicles | 24 | €15,277 | €8,594 | -€6,683 | -43.7% |
| Other tangible fixed assets | 26 | €5,178 | €4,204 | -€973 | -18.8% |
| Financial fixed assets | 28 | €65,000 | €65,000 | = | 0.0% |
| Current assets | 29/58 | €45,902 | €85,486 | +€39,584 | +86.2% |
| Amounts receivable within one year | 40/41 | €14,828 | €15,794 | +€966 | +6.5% |
| Trade receivables | 40 | €14,828 | €15,794 | +€966 | +6.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €31,074 | €68,914 | +€37,840 | +122% |
| Deferred charges and accrued income | 490/1 | €0 | €778 | +€778 | |
| Total equity and liabilities | 10/49 | €131,357 | €164,499 | +€33,142 | +25.2% |
| Equity | 10/15 | €97,018 | €153,066 | +€56,048 | +57.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,418 | €134,466 | +€56,048 | +71.5% |
| Distributable reserves | 133 | €78,418 | €134,466 | +€56,048 | +71.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,339 | €11,433 | -€22,906 | -66.7% |
| Amounts payable after more than one year | 17 | €21,449 | €0 | -€21,449 | -100% |
| Other amounts payable | 178/9 | €21,449 | €0 | -€21,449 | -100% |
| Amounts payable within one year | 42/48 | €12,890 | €11,433 | -€1,457 | -11.3% |
| Trade debts | 44 | €1,867 | €1,646 | -€221 | -11.8% |
| Suppliers | 440/4 | €1,867 | €1,646 | -€221 | -11.8% |
| Taxes, remuneration and social security | 45 | €11,023 | €9,786 | -€1,238 | -11.2% |
| Taxes | 450/3 | €8,763 | €7,526 | -€1,238 | -14.1% |
| Remuneration and social security | 454/9 | €2,260 | €2,260 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,976 | €7,863 | -€113 | -1.4% |
| Other operating charges | 640/8 | €874 | €696 | -€177 | -20.3% |
| Gross operating margin | 9900 | €45,233 | €79,490 | +€34,257 | +75.7% |
| Operating profit (loss) | 9901 | €36,384 | €70,931 | +€34,548 | +95.0% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €292 | €331 | +€39 | +13.3% |
| Recurring financial charges | 65 | €292 | €331 | +€39 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €36,097 | €70,601 | +€34,504 | +95.6% |
| Income taxes | 67/77 | €10,137 | €14,553 | +€4,416 | +43.6% |
| Profit (loss) for the period | 9904 | €25,960 | €56,048 | +€30,088 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €25,960 | €56,048 | +€30,088 | +116% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.