DAVID CRICKX: 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.
DAVID CRICKX
Largest movements
- Tangible fixed assets -€26,008
down €26,008 (-12.6%), from €207,025 to €181,017
- Cash +€6,579
up €6,579 (+57.0%), from €11,544 to €18,123
mainly Depreciation (+€29,749) and Trade debts (+€8,238)
- Deferred charges and accrued income -€4,834
down €4,834 (-23.1%), from €20,887 to €16,054
- Receivables within one year +€4,586
up €4,586 (+9.9%), from €46,206 to €50,792
of which Trade receivables: +€3,625
- Debts after one year -€23,008
down €23,008 (-27.6%), from €83,465 to €60,458
- Profit (loss) carried forward -€9,533
down €9,533, from €1,537 to -€7,997
- Trade debts +€8,238
up €8,238 (+89.9%), from €9,165 to €17,403
- Tax, wage and social debts +€3,433
up €3,433 (+39.3%), from €8,740 to €12,173
of which Remuneration and social security: +€2,466
- Staff costs -€54,686
down €54,686 (-47.3%), from €115,694 to €61,008
- Gross operating margin -€43,591
down €43,591 (-33.4%), from €130,430 to €86,839
- Taxes +€4,938
up €4,938, from -€4,416 to €522
- Depreciation -€2,729
down €2,729 (-8.4%), from €32,478 to €29,749
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 | €296,893 | €278,815 | -€18,078 | -6.1% |
| Fixed assets | 21/28 | €207,025 | €181,017 | -€26,008 | -12.6% |
| Tangible fixed assets | 22/27 | €207,025 | €181,017 | -€26,008 | -12.6% |
| Land and buildings | 22 | €139,564 | €132,149 | -€7,416 | -5.3% |
| Plant, machinery and equipment | 23 | €12,513 | €7,854 | -€4,658 | -37.2% |
| Furniture and vehicles | 24 | €35,941 | €24,965 | -€10,976 | -30.5% |
| Other tangible fixed assets | 26 | €19,007 | €16,049 | -€2,958 | -15.6% |
| Current assets | 29/58 | €89,867 | €97,798 | +€7,931 | +8.8% |
| Stocks and contracts in progress | 3 | €11,230 | €12,830 | +€1,600 | +14.2% |
| Stocks | 30/36 | €11,230 | €12,830 | +€1,600 | +14.2% |
| Amounts receivable within one year | 40/41 | €46,206 | €50,792 | +€4,586 | +9.9% |
| Trade receivables | 40 | €14,827 | €18,451 | +€3,625 | +24.4% |
| Other amounts receivable | 41 | €31,379 | €32,340 | +€961 | +3.1% |
| Cash at bank and in hand | 54/58 | €11,544 | €18,123 | +€6,579 | +57.0% |
| Deferred charges and accrued income | 490/1 | €20,887 | €16,054 | -€4,834 | -23.1% |
| Total equity and liabilities | 10/49 | €296,893 | €278,815 | -€18,078 | -6.1% |
| Equity | 10/15 | €172,487 | €164,954 | -€7,533 | -4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €164,750 | €166,750 | +€2,000 | +1.2% |
| Distributable reserves | 133 | €164,750 | €166,750 | +€2,000 | +1.2% |
| Profit (loss) carried forward | 14 | €1,537 | -€7,997 | -€9,533 | |
| Amounts payable | 17/49 | €124,406 | €113,861 | -€10,544 | -8.5% |
| Amounts payable after more than one year | 17 | €83,465 | €60,458 | -€23,008 | -27.6% |
| Financial debts | 170/4 | €83,465 | €60,458 | -€23,008 | -27.6% |
| Amounts payable within one year | 42/48 | €40,145 | €52,584 | +€12,439 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €22,239 | €23,008 | +€769 | +3.5% |
| Trade debts | 44 | €9,165 | €17,403 | +€8,238 | +89.9% |
| Suppliers | 440/4 | €9,165 | €17,403 | +€8,238 | +89.9% |
| Taxes, remuneration and social security | 45 | €8,740 | €12,173 | +€3,433 | +39.3% |
| Taxes | 450/3 | €1,756 | €2,722 | +€966 | +55.0% |
| Remuneration and social security | 454/9 | €6,984 | €9,450 | +€2,466 | +35.3% |
| Accrued charges and deferred income | 492/3 | €796 | €820 | +€24 | +3.0% |
| Remuneration, social security and pensions | 62 | €115,694 | €61,008 | -€54,686 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,478 | €29,749 | -€2,729 | -8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €906 | +€906 | |
| Other operating charges | 640/8 | €2,595 | €2,588 | -€7 | -0.3% |
| Gross operating margin | 9900 | €130,430 | €86,839 | -€43,591 | -33.4% |
| Operating profit (loss) | 9901 | -€20,337 | -€7,413 | +€12,924 | +63.5% |
| Financial income | 75/76B | €1,433 | €2,518 | +€1,084 | +75.6% |
| Recurring financial income | 75 | €1,433 | €2,518 | +€1,084 | +75.6% |
| Financial charges | 65/66B | €4,538 | €3,666 | -€872 | -19.2% |
| Recurring financial charges | 65 | €4,538 | €3,666 | -€872 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,441 | -€8,562 | +€14,880 | +63.5% |
| Income taxes | 67/77 | -€4,416 | €522 | +€4,938 | |
| Profit (loss) for the period | 9904 | -€19,025 | -€9,083 | +€9,942 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,025 | -€9,083 | +€9,942 | +52.3% |
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 19 October 2026 via checked.be.