CRV display: 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.
CRV display
Largest movements
- Cash +€14,092
up €14,092 (+131%), from €10,720 to €24,812
mainly Other debts (+€12,989) and Net result for the year (+€12,229)
- Tangible fixed assets -€5,054
down €5,054 (-2.9%), from €174,075 to €169,021
of which Land and buildings: -€5,447
- Receivables within one year +€2,723
up €2,723 (+19.7%), from €13,794 to €16,517
- Other debts +€12,989
up €12,989 (+33.3%), from €39,025 to €52,014
- Reserves +€12,000
up €12,000 (+75.0%), from €16,000 to €28,000
- Tax, wage and social debts -€9,972
down €9,972 (-59.4%), from €16,788 to €6,816
- Debts after one year -€6,826
down €6,826 (-5.8%), from €117,717 to €110,890
- Trade debts +€2,236
up €2,236 (+256%), from €873 to €3,110
- Depreciation -€22,024
down €22,024 (-77.9%), from €28,260 to €6,236
- Gross operating margin +€13,597
up €13,597 (+22.8%), from €59,589 to €73,187
- Financial charges +€9,557
up €9,557 (+24.5%), from €39,023 to €48,580
- Taxes +€2,697
up €2,697 (+136%), from €1,977 to €4,674
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 | €198,797 | €210,553 | +€11,755 | +5.9% |
| Fixed assets | 21/28 | €174,153 | €169,098 | -€5,054 | -2.9% |
| Tangible fixed assets | 22/27 | €174,075 | €169,021 | -€5,054 | -2.9% |
| Land and buildings | 22 | €172,191 | €166,744 | -€5,447 | -3.2% |
| Furniture and vehicles | 24 | €1,884 | €2,277 | +€392 | +20.8% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €24,645 | €41,454 | +€16,810 | +68.2% |
| Amounts receivable within one year | 40/41 | €13,794 | €16,517 | +€2,723 | +19.7% |
| Trade receivables | 40 | €13,794 | €16,517 | +€2,723 | +19.7% |
| Cash at bank and in hand | 54/58 | €10,720 | €24,812 | +€14,092 | +131% |
| Deferred charges and accrued income | 490/1 | €130 | €126 | -€4 | -3.3% |
| Total equity and liabilities | 10/49 | €198,797 | €210,553 | +€11,755 | +5.9% |
| Equity | 10/15 | €17,827 | €30,056 | +€12,229 | +68.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,000 | €28,000 | +€12,000 | +75.0% |
| Distributable reserves | 133 | €16,000 | €28,000 | +€12,000 | +75.0% |
| Profit (loss) carried forward | 14 | -€4,373 | -€4,144 | +€229 | +5.2% |
| Amounts payable | 17/49 | €180,970 | €180,497 | -€474 | -0.3% |
| Amounts payable after more than one year | 17 | €117,717 | €110,890 | -€6,826 | -5.8% |
| Financial debts | 170/4 | €117,717 | €110,890 | -€6,826 | -5.8% |
| Amounts payable within one year | 42/48 | €63,254 | €68,766 | +€5,513 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €6,568 | €6,826 | +€259 | +3.9% |
| Trade debts | 44 | €873 | €3,110 | +€2,236 | +256% |
| Suppliers | 440/4 | €873 | €3,110 | +€2,236 | +256% |
| Taxes, remuneration and social security | 45 | €16,788 | €6,816 | -€9,972 | -59.4% |
| Taxes | 450/3 | €16,788 | €6,816 | -€9,972 | -59.4% |
| Other amounts payable | 47/48 | €39,025 | €52,014 | +€12,989 | +33.3% |
| Accrued charges and deferred income | 492/3 | - | €840 | +€840 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,260 | €6,236 | -€22,024 | -77.9% |
| Other operating charges | 640/8 | €1,180 | €1,495 | +€315 | +26.7% |
| Gross operating margin | 9900 | €59,589 | €73,187 | +€13,597 | +22.8% |
| Operating profit (loss) | 9901 | €30,149 | €65,456 | +€35,307 | +117% |
| Financial income | 75/76B | €2 | €28 | +€26 | +1,250% |
| Recurring financial income | 75 | €2 | €28 | +€26 | +1,250% |
| Financial charges | 65/66B | €39,023 | €48,580 | +€9,557 | +24.5% |
| Recurring financial charges | 65 | €39,023 | €48,580 | +€9,557 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,872 | €16,903 | +€25,775 | |
| Income taxes | 67/77 | €1,977 | €4,674 | +€2,697 | +136% |
| Profit (loss) for the period | 9904 | -€10,849 | €12,229 | +€23,079 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,849 | €12,229 | +€23,079 |
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 18 October 2026 via checked.be.