F. CRAS CONSULT: 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.
F. CRAS CONSULT
Largest movements
- Tangible fixed assets -€66,104
down €66,104 (-4.0%), from €1.7m to €1.6m
of which Land and buildings: -€40,574
- Receivables within one year +€28,015
up €28,015 (+13.1%), from €213,325 to €241,341
of which Other amounts receivable: +€46,165
- Debts after one year -€179,658
down €179,658 (-17.1%), from €1.1m to €871,475
- Reserves +€100,258
up €100,258 (+12.0%), from €837,416 to €937,674
- Financial income +€46,448
new in 2025: €46,448
- Taxes +€21,773
up €21,773 (+59.6%), from €36,520 to €58,292
- Gross operating margin -€7,531
down €7,531 (-3.5%), from €218,155 to €210,624
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 | €2,211,580 | €2,153,563 | -€58,017 | -2.6% |
| Fixed assets | 21/28 | €1,661,093 | €1,594,989 | -€66,104 | -4.0% |
| Tangible fixed assets | 22/27 | €1,661,093 | €1,594,989 | -€66,104 | -4.0% |
| Land and buildings | 22 | €1,568,346 | €1,527,772 | -€40,574 | -2.6% |
| Leasing and similar rights | 25 | €92,747 | €67,217 | -€25,530 | -27.5% |
| Current assets | 29/58 | €550,487 | €558,574 | +€8,087 | +1.5% |
| Amounts receivable within one year | 40/41 | €213,325 | €241,341 | +€28,015 | +13.1% |
| Trade receivables | 40 | €75,351 | €57,201 | -€18,150 | -24.1% |
| Other amounts receivable | 41 | €137,975 | €184,140 | +€46,165 | +33.5% |
| Current investments | 50/53 | €276,743 | €276,743 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,419 | €40,491 | -€19,928 | -33.0% |
| Total equity and liabilities | 10/49 | €2,211,580 | €2,153,563 | -€58,017 | -2.6% |
| Equity | 10/15 | €862,416 | €962,674 | +€100,258 | +11.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €837,416 | €937,674 | +€100,258 | +12.0% |
| Distributable reserves | 133 | €837,416 | €937,674 | +€100,258 | +12.0% |
| Amounts payable | 17/49 | €1,349,164 | €1,190,889 | -€158,275 | -11.7% |
| Amounts payable after more than one year | 17 | €1,051,133 | €871,475 | -€179,658 | -17.1% |
| Financial debts | 170/4 | €1,051,133 | €871,475 | -€179,658 | -17.1% |
| Amounts payable within one year | 42/48 | €298,031 | €319,414 | +€21,383 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €182,047 | €184,976 | +€2,929 | +1.6% |
| Trade debts | 44 | €24,592 | €24,941 | +€349 | +1.4% |
| Suppliers | 440/4 | €24,592 | €24,941 | +€349 | +1.4% |
| Taxes, remuneration and social security | 45 | €91,392 | €109,497 | +€18,104 | +19.8% |
| Taxes | 450/3 | €91,392 | €109,497 | +€18,104 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,104 | €66,104 | = | 0.0% |
| Other operating charges | 640/8 | €5,640 | €5,814 | +€174 | +3.1% |
| Non-recurring operating charges | 66A | €250 | €448 | +€198 | +79.2% |
| Gross operating margin | 9900 | €218,155 | €210,624 | -€7,531 | -3.5% |
| Operating profit (loss) | 9901 | €146,161 | €138,258 | -€7,903 | -5.4% |
| Financial income | 75/76B | - | €46,448 | +€46,448 | |
| Recurring financial income | 75 | - | €46,448 | +€46,448 | |
| Financial charges | 65/66B | €25,466 | €26,156 | +€689 | +2.7% |
| Recurring financial charges | 65 | €25,466 | €26,156 | +€689 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €120,695 | €158,550 | +€37,855 | +31.4% |
| Income taxes | 67/77 | €36,520 | €58,292 | +€21,773 | +59.6% |
| Profit (loss) for the period | 9904 | €84,175 | €100,258 | +€16,083 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,175 | €100,258 | +€16,083 | +19.1% |
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 25 October 2026 via checked.be.