CRVTS: 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.
CRVTS
Largest movements
- Cash -€60,534
down €60,534 (-52.0%), from €116,421 to €55,888
mainly Trade debts (-€38,745) and Receivables within one year (-€22,967)
- Receivables within one year +€22,967
up €22,967 (+14.3%), from €160,595 to €183,562
of which Other amounts receivable: +€50,936
- Trade debts -€38,745
down €38,745 (-42.3%), from €91,531 to €52,786
- Profit (loss) carried forward +€3,728
up €3,728 (+2.4%), from €152,315 to €156,043
- Tax, wage and social debts -€2,946
down €2,946 (-18.4%), from €16,042 to €13,095
- Gross operating margin +€40,037
up €40,037, from -€26,022 to €14,015
- Taxes -€5,121
down €5,121 (-41.1%), from €12,474 to €7,353
- Other operating charges +€863
up €863 (+90.1%), from €958 to €1,821
- Staff costs +€441
up €441 (+293.5%), from €150 to €591
- Depreciation -€266
down €266 (-39.5%), from €674 to €407
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 | €281,888 | €243,924 | -€37,964 | -13.5% |
| Fixed assets | 21/28 | €407 | - | -€407 | |
| Tangible fixed assets | 22/27 | €407 | - | -€407 | |
| Furniture and vehicles | 24 | €407 | - | -€407 | |
| Current assets | 29/58 | €281,480 | €243,924 | -€37,556 | -13.3% |
| Amounts receivable within one year | 40/41 | €160,595 | €183,562 | +€22,967 | +14.3% |
| Trade receivables | 40 | €82,574 | €54,605 | -€27,969 | -33.9% |
| Other amounts receivable | 41 | €78,021 | €128,957 | +€50,936 | +65.3% |
| Cash at bank and in hand | 54/58 | €116,421 | €55,888 | -€60,534 | -52.0% |
| Deferred charges and accrued income | 490/1 | €4,463 | €4,474 | +€11 | +0.2% |
| Total equity and liabilities | 10/49 | €281,888 | €243,924 | -€37,964 | -13.5% |
| Equity | 10/15 | €174,315 | €178,043 | +€3,728 | +2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,315 | €156,043 | +€3,728 | +2.4% |
| Amounts payable | 17/49 | €107,573 | €65,881 | -€41,691 | -38.8% |
| Amounts payable within one year | 42/48 | €107,573 | €65,881 | -€41,691 | -38.8% |
| Trade debts | 44 | €91,531 | €52,786 | -€38,745 | -42.3% |
| Suppliers | 440/4 | €91,531 | €52,786 | -€38,745 | -42.3% |
| Taxes, remuneration and social security | 45 | €16,042 | €13,095 | -€2,946 | -18.4% |
| Taxes | 450/3 | €16,042 | €13,095 | -€2,946 | -18.4% |
| Remuneration, social security and pensions | 62 | €150 | €591 | +€441 | +293.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €674 | €407 | -€266 | -39.5% |
| Other operating charges | 640/8 | €958 | €1,821 | +€863 | +90.1% |
| Gross operating margin | 9900 | -€26,022 | €14,015 | +€40,037 | |
| Operating profit (loss) | 9901 | -€27,803 | €11,196 | +€38,999 | |
| Financial income | 75/76B | €75 | €0 | -€75 | -99.6% |
| Recurring financial income | 75 | €75 | €0 | -€75 | -99.6% |
| Financial charges | 65/66B | €69 | €115 | +€46 | +67.2% |
| Recurring financial charges | 65 | €69 | €115 | +€46 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | -€27,797 | €11,081 | +€38,878 | |
| Income taxes | 67/77 | €12,474 | €7,353 | -€5,121 | -41.1% |
| Profit (loss) for the period | 9904 | -€40,271 | €3,728 | +€43,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,271 | €3,728 | +€43,999 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.