CRS: 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.
CRS
Largest movements
- Tangible fixed assets -€56,780
down €56,780 (-10.3%), from €549,919 to €493,139
of which Furniture and vehicles: -€37,265
- Debts after one year -€50,951
down €50,951 (-14.3%), from €355,645 to €304,693
- Tax, wage and social debts -€37,948
down €37,948 (-72.4%), from €52,413 to €14,465
of which Taxes: -€27,568
- Reserves +€31,784
up €31,784 (+1713.4%), from €1,855 to €33,639
of which Distributable reserves: +€33,639
- Trade debts -€7,863
down €7,863 (-51.1%), from €15,400 to €7,537
- Depreciation +€5,235
up €5,235 (+8.9%), from €58,491 to €63,726
- Gross operating margin +€1,974
up €1,974 (+1.6%), from €125,793 to €127,767
- Taxes -€1,606
down €1,606 (-11.2%), from €14,281 to €12,674
- Financial charges -€1,280
down €1,280 (-7.0%), from €18,388 to €17,108
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 | €698,947 | €635,948 | -€62,999 | -9.0% |
| Fixed assets | 21/28 | €550,235 | €493,455 | -€56,780 | -10.3% |
| Tangible fixed assets | 22/27 | €549,919 | €493,139 | -€56,780 | -10.3% |
| Land and buildings | 22 | €391,327 | €380,055 | -€11,273 | -2.9% |
| Plant, machinery and equipment | 23 | €21,247 | €13,005 | -€8,242 | -38.8% |
| Furniture and vehicles | 24 | €137,344 | €100,079 | -€37,265 | -27.1% |
| Financial fixed assets | 28 | €316 | €316 | = | 0.0% |
| Current assets | 29/58 | €148,712 | €142,493 | -€6,219 | -4.2% |
| Amounts receivable within one year | 40/41 | €123,132 | €117,956 | -€5,176 | -4.2% |
| Trade receivables | 40 | €86,914 | €83,310 | -€3,604 | -4.1% |
| Other amounts receivable | 41 | €36,218 | €34,646 | -€1,572 | -4.3% |
| Cash at bank and in hand | 54/58 | €19,938 | €19,598 | -€340 | -1.7% |
| Deferred charges and accrued income | 490/1 | €5,641 | €4,938 | -€703 | -12.5% |
| Total equity and liabilities | 10/49 | €698,947 | €635,948 | -€62,999 | -9.0% |
| Equity | 10/15 | €194,799 | €226,583 | +€31,784 | +16.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €33,639 | +€31,784 | +1713.4% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Legal reserve | 130 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | - | €33,639 | +€33,639 | |
| Profit (loss) carried forward | 14 | €174,394 | €174,394 | = | 0.0% |
| Amounts payable | 17/49 | €504,148 | €409,365 | -€94,783 | -18.8% |
| Amounts payable after more than one year | 17 | €355,645 | €304,693 | -€50,951 | -14.3% |
| Financial debts | 170/4 | €355,645 | €304,693 | -€50,951 | -14.3% |
| Amounts payable within one year | 42/48 | €148,503 | €104,671 | -€43,832 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €48,984 | €50,951 | +€1,967 | +4.0% |
| Trade debts | 44 | €15,400 | €7,537 | -€7,863 | -51.1% |
| Suppliers | 440/4 | €15,400 | €7,537 | -€7,863 | -51.1% |
| Taxes, remuneration and social security | 45 | €52,413 | €14,465 | -€37,948 | -72.4% |
| Taxes | 450/3 | €34,942 | €7,374 | -€27,568 | -78.9% |
| Remuneration and social security | 454/9 | €17,471 | €7,091 | -€10,380 | -59.4% |
| Other amounts payable | 47/48 | €31,706 | €31,718 | +€12 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,491 | €63,726 | +€5,235 | +8.9% |
| Other operating charges | 640/8 | €1,875 | €2,518 | +€643 | +34.3% |
| Gross operating margin | 9900 | €125,793 | €127,767 | +€1,974 | +1.6% |
| Operating profit (loss) | 9901 | €65,427 | €61,523 | -€3,904 | -6.0% |
| Financial income | 75/76B | €2 | €44 | +€42 | +2349.2% |
| Recurring financial income | 75 | €2 | €44 | +€42 | +2349.2% |
| Financial charges | 65/66B | €18,388 | €17,108 | -€1,280 | -7.0% |
| Recurring financial charges | 65 | €18,388 | €17,108 | -€1,280 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €47,041 | €44,459 | -€2,582 | -5.5% |
| Income taxes | 67/77 | €14,281 | €12,674 | -€1,606 | -11.2% |
| Profit (loss) for the period | 9904 | €32,760 | €31,784 | -€976 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,760 | €31,784 | -€976 | -3.0% |
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 11 October 2026 via checked.be.