ALAIN CROWIN: what changed
ALAIN CROWIN
Largest movements
- Receivables within one year -€47,856
down €47,856 (-29.0%), from €164,823 to €116,966
of which Trade receivables: -€59,954
- Tangible fixed assets -€42,573
down €42,573 (-13.8%), from €307,977 to €265,404
of which Furniture and vehicles: -€23,614
- Cash -€18,392
down €18,392 (-85.0%), from €21,630 to €3,238
mainly Trade debts (-€84,448) and Debts after one year (-€20,891)
- Trade debts -€84,448
down €84,448 (-57.5%), from €146,988 to €62,540
- Debts after one year -€20,891
down €20,891 (-27.3%), from €76,439 to €55,549
- Other debts -€10,021
down €10,021 (-9.7%), from €103,475 to €93,454
- Reserves +€5,992
up €5,992 (+6.5%), from €92,164 to €98,156
of which Distributable reserves: +€5,992
- Gross operating margin +€12,979
up €12,979 (+18.7%), from €69,532 to €82,511
- Depreciation +€7,640
up €7,640 (+17.2%), from €44,486 to €52,126
- Staff costs +€3,010
up €3,010 (+30.3%), from €9,933 to €12,943
- Other operating charges -€2,773
down €2,773 (-39.4%), from €7,047 to €4,273
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,516 | €385,705 | -€108,811 | -22.0% |
| Fixed assets | 21/28 | €307,977 | €265,404 | -€42,573 | -13.8% |
| Tangible fixed assets | 22/27 | €307,977 | €265,404 | -€42,573 | -13.8% |
| Land and buildings | 22 | €224,419 | €207,149 | -€17,271 | -7.7% |
| Plant, machinery and equipment | 23 | €20,082 | €19,396 | -€687 | -3.4% |
| Furniture and vehicles | 24 | €54,058 | €30,444 | -€23,614 | -43.7% |
| Other tangible fixed assets | 26 | €9,417 | €8,416 | -€1,002 | -10.6% |
| Current assets | 29/58 | €186,539 | €120,301 | -€66,238 | -35.5% |
| Amounts receivable within one year | 40/41 | €164,823 | €116,966 | -€47,856 | -29.0% |
| Trade receivables | 40 | €160,712 | €100,758 | -€59,954 | -37.3% |
| Other amounts receivable | 41 | €4,111 | €16,209 | +€12,098 | +294% |
| Cash at bank and in hand | 54/58 | €21,630 | €3,238 | -€18,392 | -85.0% |
| Deferred charges and accrued income | 490/1 | €87 | €97 | +€10 | +12.0% |
| Total equity and liabilities | 10/49 | €494,516 | €385,705 | -€108,811 | -22.0% |
| Equity | 10/15 | €112,615 | €118,607 | +€5,992 | +5.3% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Contributions outside capital | 11 | €20,451 | €20,451 | = | 0.0% |
| Other | 1109/19 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €92,164 | €98,156 | +€5,992 | +6.5% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €73,414 | €79,406 | +€5,992 | +8.2% |
| Amounts payable | 17/49 | €381,900 | €267,098 | -€114,802 | -30.1% |
| Amounts payable after more than one year | 17 | €76,439 | €55,549 | -€20,891 | -27.3% |
| Financial debts | 170/4 | €76,439 | €55,549 | -€20,891 | -27.3% |
| Amounts payable within one year | 42/48 | €305,461 | €211,549 | -€93,912 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €19,982 | €20,891 | +€909 | +4.5% |
| Financial debts | 43 | €12,893 | €10,301 | -€2,591 | -20.1% |
| Credit institutions | 430/8 | €12,893 | €10,301 | -€2,591 | -20.1% |
| Trade debts | 44 | €146,988 | €62,540 | -€84,448 | -57.5% |
| Suppliers | 440/4 | €146,988 | €62,540 | -€84,448 | -57.5% |
| Taxes, remuneration and social security | 45 | €22,123 | €24,363 | +€2,240 | +10.1% |
| Taxes | 450/3 | €353 | €903 | +€550 | +156% |
| Remuneration and social security | 454/9 | €21,770 | €23,460 | +€1,690 | +7.8% |
| Other amounts payable | 47/48 | €103,475 | €93,454 | -€10,021 | -9.7% |
| Non-recurring operating income | 76A | €165 | €1,144 | +€979 | +592% |
| Remuneration, social security and pensions | 62 | €9,933 | €12,943 | +€3,010 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,486 | €52,126 | +€7,640 | +17.2% |
| Other operating charges | 640/8 | €7,047 | €4,273 | -€2,773 | -39.4% |
| Gross operating margin | 9900 | €69,532 | €82,511 | +€12,979 | +18.7% |
| Operating profit (loss) | 9901 | €8,065 | €13,168 | +€5,102 | +63.3% |
| Financial income | 75/76B | €408 | €116 | -€292 | -71.5% |
| Recurring financial income | 75 | €408 | €116 | -€292 | -71.5% |
| Financial charges | 65/66B | €5,565 | €6,389 | +€824 | +14.8% |
| Recurring financial charges | 65 | €5,565 | €6,389 | +€824 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €2,909 | €6,895 | +€3,986 | +137% |
| Income taxes | 67/77 | €690 | €903 | +€213 | +30.9% |
| Profit (loss) for the period | 9904 | €2,219 | €5,992 | +€3,773 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €2,219 | €5,992 | +€3,773 | +170% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.