CRT - 1: what changed
CRT - 1
Largest movements
- Cash -€13,576
down €13,576 (-43.7%), from €31,053 to €17,477
mainly Net result for the year (-€11,634) and Receivables within one year (-€4,284)
- Receivables within one year +€4,284
up €4,284 (+20.8%), from €20,605 to €24,889
of which Trade receivables: +€2,786
- Tangible fixed assets -€3,114
down €3,114 (-38.0%), from €8,200 to €5,086
- Profit (loss) carried forward -€11,634
down €11,634 (-34.9%), from €33,362 to €21,728
- Investment grants -€3,000
down €3,000 (-36.9%), from €8,129 to €5,129
- Trade debts +€2,235
up €2,235 (+97.7%), from €2,289 to €4,523
- Gross operating margin -€11,609
down €11,609, from €820 to -€10,789
- Depreciation -€5,212
down €5,212 (-62.6%), from €8,326 to €3,114
- Financial income -€2,725
down €2,725 (-47.6%), from €5,725 to €3,000
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,502 | €108,103 | -€12,399 | -10.3% |
| Fixed assets | 21/28 | €8,200 | €5,086 | -€3,114 | -38.0% |
| Tangible fixed assets | 22/27 | €8,200 | €5,086 | -€3,114 | -38.0% |
| Furniture and vehicles | 24 | €8,200 | €5,086 | -€3,114 | -38.0% |
| Current assets | 29/58 | €112,302 | €103,017 | -€9,285 | -8.3% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,605 | €24,889 | +€4,284 | +20.8% |
| Trade receivables | 40 | €1,101 | €3,887 | +€2,786 | +253% |
| Other amounts receivable | 41 | €19,504 | €21,002 | +€1,498 | +7.7% |
| Cash at bank and in hand | 54/58 | €31,053 | €17,477 | -€13,576 | -43.7% |
| Deferred charges and accrued income | 490/1 | €644 | €651 | +€7 | +1.1% |
| Total equity and liabilities | 10/49 | €120,502 | €108,103 | -€12,399 | -10.3% |
| Equity | 10/15 | €118,214 | €103,580 | -€14,634 | -12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,123 | €58,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,825 | €2,825 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,825 | €2,825 | = | 0.0% |
| Distributable reserves | 133 | €55,298 | €55,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,362 | €21,728 | -€11,634 | -34.9% |
| Investment grants | 15 | €8,129 | €5,129 | -€3,000 | -36.9% |
| Amounts payable | 17/49 | €2,289 | €4,523 | +€2,235 | +97.7% |
| Amounts payable within one year | 42/48 | €2,289 | €4,523 | +€2,235 | +97.7% |
| Trade debts | 44 | €2,289 | €4,523 | +€2,235 | +97.7% |
| Suppliers | 440/4 | €2,289 | €4,523 | +€2,235 | +97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,326 | €3,114 | -€5,212 | -62.6% |
| Other operating charges | 640/8 | €484 | €510 | +€25 | +5.2% |
| Gross operating margin | 9900 | €820 | -€10,789 | -€11,609 | |
| Operating profit (loss) | 9901 | -€7,990 | -€14,412 | -€6,422 | -80.4% |
| Financial income | 75/76B | €5,725 | €3,000 | -€2,725 | -47.6% |
| Recurring financial income | 75 | €5,725 | €3,000 | -€2,725 | -47.6% |
| Financial charges | 65/66B | €196 | €222 | +€26 | +13.1% |
| Recurring financial charges | 65 | €196 | €222 | +€26 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,461 | -€11,634 | -€9,173 | -373% |
| Profit (loss) for the period | 9904 | -€2,461 | -€11,634 | -€9,173 | -373% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,461 | -€11,634 | -€9,173 | -373% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.