CRN: 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.
CRN
Largest movements
- Tangible fixed assets +€28,591
up €28,591 (+3,393%), from €843 to €29,433
- Cash -€2,515
down €2,515 (-63.5%), from €3,959 to €1,444
mainly Investment in fixed assets (net) (-€30,112) and Trade debts (-€12,752)
- Receivables within one year +€2,160
up €2,160 (+5.2%), from €41,447 to €43,607
of which Trade receivables: +€1,910
- Profit (loss) carried forward +€42,830
up €42,830, from -€32,258 to €10,572
- Trade debts -€12,752
down €12,752 (-22.0%), from €57,962 to €45,211
- Other debts -€9,084
down €9,084 (-99.6%), from €9,117 to €33
- Tax, wage and social debts +€7,941
up €7,941 (+150%), from €5,277 to €13,218
of which Remuneration and social security: +€7,532
- Turnover +€106,477
up €106,477 (+133%), from €80,344 to €186,820
- Purchases and services +€72,623
up €72,623 (+106%), from €68,760 to €141,383
- Gross operating margin +€33,854
up €33,854 (+292%), from €11,583 to €45,437
- Financial charges -€2,330
down €2,330 (-94.9%), from €2,456 to €126
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 | €46,299 | €75,234 | +€28,935 | +62.5% |
| Fixed assets | 21/28 | €893 | €30,183 | +€29,291 | +3,282% |
| Tangible fixed assets | 22/27 | €843 | €29,433 | +€28,591 | +3,393% |
| Furniture and vehicles | 24 | €843 | €29,433 | +€28,591 | +3,393% |
| Financial fixed assets | 28 | €50 | €750 | +€700 | +1,400% |
| Current assets | 29/58 | €45,407 | €45,051 | -€356 | -0.8% |
| Amounts receivable within one year | 40/41 | €41,447 | €43,607 | +€2,160 | +5.2% |
| Trade receivables | 40 | €40,544 | €42,454 | +€1,910 | +4.7% |
| Other amounts receivable | 41 | €904 | €1,153 | +€250 | +27.6% |
| Cash at bank and in hand | 54/58 | €3,959 | €1,444 | -€2,515 | -63.5% |
| Total equity and liabilities | 10/49 | €46,299 | €75,234 | +€28,935 | +62.5% |
| Equity | 10/15 | -€26,058 | €16,772 | +€42,830 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€32,258 | €10,572 | +€42,830 | |
| Amounts payable | 17/49 | €72,357 | €58,462 | -€13,894 | -19.2% |
| Amounts payable within one year | 42/48 | €72,357 | €58,462 | -€13,894 | -19.2% |
| Trade debts | 44 | €57,962 | €45,211 | -€12,752 | -22.0% |
| Suppliers | 440/4 | €57,962 | €45,211 | -€12,752 | -22.0% |
| Taxes, remuneration and social security | 45 | €5,277 | €13,218 | +€7,941 | +150% |
| Taxes | 450/3 | - | €409 | +€409 | |
| Remuneration and social security | 454/9 | €5,277 | €12,809 | +€7,532 | +143% |
| Other amounts payable | 47/48 | €9,117 | €33 | -€9,084 | -99.6% |
| Turnover | 70 | €80,344 | €186,820 | +€106,477 | +133% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,760 | €141,383 | +€72,623 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421 | €821 | +€400 | +95.0% |
| Other operating charges | 640/8 | €1,235 | €1,661 | +€425 | +34.4% |
| Gross operating margin | 9900 | €11,583 | €45,437 | +€33,854 | +292% |
| Operating profit (loss) | 9901 | €9,927 | €42,955 | +€33,028 | +333% |
| Financial charges | 65/66B | €2,456 | €126 | -€2,330 | -94.9% |
| Recurring financial charges | 65 | €2,456 | €126 | -€2,330 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | €7,471 | €42,830 | +€35,359 | +473% |
| Profit (loss) for the period | 9904 | €7,471 | €42,830 | +€35,359 | +473% |
| Profit (loss) for the period to be appropriated | 9905 | €7,471 | €42,830 | +€35,359 | +473% |
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 14 October 2026 via checked.be.