CRS IMMO: 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.
CRS IMMO
Largest movements
- Tangible fixed assets -€56,296
down €56,296 (-6.4%), from €885,085 to €828,789
of which Land and buildings: -€55,535
- Deferred charges and accrued income +€17,270
new in 2025: €17,270
- Advances received -€26,548
no longer reported in 2025 (was €26,548)
- Debts after one year -€24,536
down €24,536 (-3.8%), from €643,017 to €618,481
- Gross operating margin +€95,342
up €95,342 (+1261.8%), from €7,556 to €102,898
- Depreciation +€43,254
up €43,254 (+130.8%), from €33,075 to €76,329
- Financial charges +€4,279
up €4,279 (+20.1%), from €21,259 to €25,538
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 | €926,653 | €875,983 | -€50,670 | -5.5% |
| Fixed assets | 21/28 | €885,085 | €828,789 | -€56,296 | -6.4% |
| Tangible fixed assets | 22/27 | €885,085 | €828,789 | -€56,296 | -6.4% |
| Land and buildings | 22 | €881,762 | €826,227 | -€55,535 | -6.3% |
| Plant, machinery and equipment | 23 | €3,323 | €2,562 | -€761 | -22.9% |
| Current assets | 29/58 | €41,568 | €47,194 | +€5,626 | +13.5% |
| Amounts receivable within one year | 40/41 | €19,503 | €15,012 | -€4,491 | -23.0% |
| Trade receivables | 40 | €3,282 | - | -€3,282 | |
| Other amounts receivable | 41 | €16,221 | €15,012 | -€1,209 | -7.5% |
| Cash at bank and in hand | 54/58 | €22,065 | €14,912 | -€7,153 | -32.4% |
| Deferred charges and accrued income | 490/1 | - | €17,270 | +€17,270 | |
| Total equity and liabilities | 10/49 | €926,653 | €875,983 | -€50,670 | -5.5% |
| Equity | 10/15 | -€47,146 | -€49,149 | -€2,003 | -4.2% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Capital | 10 | €1,200 | €1,200 | = | 0.0% |
| Issued capital | 100 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,346 | -€50,349 | -€2,003 | -4.1% |
| Amounts payable | 17/49 | €973,799 | €925,132 | -€48,667 | -5.0% |
| Amounts payable after more than one year | 17 | €643,017 | €618,481 | -€24,536 | -3.8% |
| Financial debts | 170/4 | €643,017 | €618,481 | -€24,536 | -3.8% |
| Amounts payable within one year | 42/48 | €330,722 | €306,571 | -€24,151 | -7.3% |
| Financial debts | 43 | €297,617 | €298,536 | +€919 | +0.3% |
| Credit institutions | 430/8 | €23,617 | €24,536 | +€919 | +3.9% |
| Other loans | 439 | €274,000 | €274,000 | = | 0.0% |
| Trade debts | 44 | €6,557 | €4,190 | -€2,367 | -36.1% |
| Suppliers | 440/4 | €6,557 | €4,190 | -€2,367 | -36.1% |
| Advances received on contracts in progress | 46 | €26,548 | - | -€26,548 | |
| Other amounts payable | 47/48 | - | €3,845 | +€3,845 | |
| Accrued charges and deferred income | 492/3 | €60 | €80 | +€20 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,075 | €76,329 | +€43,254 | +130.8% |
| Other operating charges | 640/8 | €2,387 | €3,033 | +€646 | +27.1% |
| Gross operating margin | 9900 | €7,556 | €102,898 | +€95,342 | +1261.8% |
| Operating profit (loss) | 9901 | -€27,906 | €23,536 | +€51,442 | |
| Financial income | 75/76B | €819 | - | -€819 | |
| Recurring financial income | 75 | €819 | - | -€819 | |
| Non-recurring financial income | 76B | €819 | - | -€819 | |
| Financial charges | 65/66B | €21,259 | €25,538 | +€4,279 | +20.1% |
| Recurring financial charges | 65 | €21,259 | €25,538 | +€4,279 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | -€48,346 | -€2,002 | +€46,344 | +95.9% |
| Profit (loss) for the period | 9904 | -€48,346 | -€2,002 | +€46,344 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,346 | -€2,002 | +€46,344 | +95.9% |
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.