D-CRBN: 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.
D-CRBN
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-56.5%), from €2.0m to €850,278
of which Other amounts receivable: -€1.1m
- Tangible fixed assets -€232,821
down €232,821 (-35.6%), from €653,149 to €420,328
of which Plant, machinery and equipment: -€373,924
- Accrued charges and deferred income -€1.1m
down €1.1m (-67.6%), from €1.6m to €510,396
- Profit (loss) carried forward -€1.0m
down €1.0m, from €100,518 to -€909,024
- Trade debts +€713,323
up €713,323 (+144%), from €494,240 to €1.2m
- Debts after one year -€75,025
down €75,025 (-10.0%), from €751,805 to €676,780
- Current portion of long-term debt +€67,854
up €67,854 (+32.5%), from €208,984 to €276,838
- Gross operating margin -€397,925
down €397,925 (-74.9%), from €531,004 to €133,080
- Staff costs +€317,461
up €317,461 (+108%), from €292,925 to €610,385
- Depreciation -€94,769
down €94,769 (-54.0%), from €175,537 to €80,768
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 | €3,282,171 | €1,952,639 | -€1.3m | -40.5% |
| Fixed assets | 21/28 | €963,271 | €744,501 | -€218,770 | -22.7% |
| Intangible fixed assets | 21 | €302,832 | €316,883 | +€14,051 | +4.6% |
| Tangible fixed assets | 22/27 | €653,149 | €420,328 | -€232,821 | -35.6% |
| Plant, machinery and equipment | 23 | €432,823 | €58,899 | -€373,924 | -86.4% |
| Furniture and vehicles | 24 | €5,326 | €2,429 | -€2,897 | -54.4% |
| Assets under construction and advance payments | 27 | €215,000 | €359,000 | +€144,000 | +67.0% |
| Financial fixed assets | 28 | €7,290 | €7,290 | = | 0.0% |
| Current assets | 29/58 | €2,318,900 | €1,208,138 | -€1.1m | -47.9% |
| Amounts receivable within one year | 40/41 | €1,953,213 | €850,278 | -€1.1m | -56.5% |
| Trade receivables | 40 | €208,946 | €226,953 | +€18,007 | +8.6% |
| Other amounts receivable | 41 | €1,744,267 | €623,325 | -€1.1m | -64.3% |
| Cash at bank and in hand | 54/58 | €365,089 | €355,713 | -€9,376 | -2.6% |
| Deferred charges and accrued income | 490/1 | €598 | €2,147 | +€1,549 | +259% |
| Total equity and liabilities | 10/49 | €3,282,171 | €1,952,639 | -€1.3m | -40.5% |
| Equity | 10/15 | €214,118 | -€795,424 | -€1.0m | |
| Contributions | 10/11 | €113,600 | €113,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,518 | -€909,024 | -€1.0m | |
| Amounts payable | 17/49 | €3,068,053 | €2,748,063 | -€319,990 | -10.4% |
| Amounts payable after more than one year | 17 | €751,805 | €676,780 | -€75,025 | -10.0% |
| Financial debts | 170/4 | €751,805 | €676,780 | -€75,025 | -10.0% |
| Amounts payable within one year | 42/48 | €739,853 | €1,560,887 | +€821,035 | +111% |
| Current portion of amounts payable after more than one year | 42 | €208,984 | €276,838 | +€67,854 | +32.5% |
| Financial debts | 43 | €1,128 | €3,663 | +€2,535 | +225% |
| Credit institutions | 430/8 | €1,128 | €3,663 | +€2,535 | +225% |
| Trade debts | 44 | €494,240 | €1,207,563 | +€713,323 | +144% |
| Suppliers | 440/4 | €494,240 | €1,207,563 | +€713,323 | +144% |
| Taxes, remuneration and social security | 45 | €35,501 | €72,823 | +€37,322 | +105% |
| Remuneration and social security | 454/9 | €35,501 | €72,823 | +€37,322 | +105% |
| Accrued charges and deferred income | 492/3 | €1,576,395 | €510,396 | -€1.1m | -67.6% |
| Non-recurring operating income | 76A | €31,201 | €0 | -€31,201 | -100% |
| Remuneration, social security and pensions | 62 | €292,925 | €610,385 | +€317,461 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,537 | €80,768 | -€94,769 | -54.0% |
| Other operating charges | 640/8 | €638 | €1,118 | +€481 | +75.4% |
| Non-recurring operating charges | 66A | €6,712 | €401,155 | +€394,444 | +5,877% |
| Gross operating margin | 9900 | €531,004 | €133,080 | -€397,925 | -74.9% |
| Operating profit (loss) | 9901 | €55,193 | -€960,347 | -€1.0m | |
| Financial income | 75/76B | €212 | €573 | +€361 | +170% |
| Recurring financial income | 75 | €212 | €573 | +€361 | +170% |
| Financial charges | 65/66B | €49,558 | €49,768 | +€210 | +0.4% |
| Recurring financial charges | 65 | €49,558 | €49,768 | +€210 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €5,847 | -€1,009,542 | -€1.0m | |
| Profit (loss) for the period | 9904 | €5,847 | -€1,009,542 | -€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €5,847 | -€1,009,542 | -€1.0m |
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 15 October 2026 via checked.be.