Arne Van Craeynest: 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.
Arne Van Craeynest
Largest movements
- Tangible fixed assets +€78,608
up €78,608 (+24.5%), from €320,579 to €399,187
of which Land and buildings: +€80,818
- Cash -€57,219
down €57,219 (-62.5%), from €91,564 to €34,345
mainly Investment in fixed assets (net) (-€98,135) and Trade debts (-€26,406)
- Reserves +€27,348
up €27,348 (+23.2%), from €118,017 to €145,364
- Trade debts -€26,406
down €26,406 (-92.8%), from €28,469 to €2,063
- Debts after one year +€20,360
up €20,360 (+8.8%), from €231,495 to €251,855
- Depreciation +€13,445
up €13,445 (+221%), from €6,082 to €19,527
- Financial charges +€6,593
up €6,593 (+183%), from €3,603 to €10,197
- Gross operating margin +€3,699
up €3,699 (+4.9%), from €75,579 to €79,277
- Taxes -€3,324
down €3,324 (-24.0%), from €13,869 to €10,545
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 | €416,494 | €438,922 | +€22,428 | +5.4% |
| Fixed assets | 21/28 | €320,579 | €399,187 | +€78,608 | +24.5% |
| Tangible fixed assets | 22/27 | €320,579 | €399,187 | +€78,608 | +24.5% |
| Land and buildings | 22 | €313,533 | €394,351 | +€80,818 | +25.8% |
| Plant, machinery and equipment | 23 | €3,567 | €2,386 | -€1,180 | -33.1% |
| Furniture and vehicles | 24 | €3,479 | €2,450 | -€1,029 | -29.6% |
| Current assets | 29/58 | €95,915 | €39,735 | -€56,180 | -58.6% |
| Amounts receivable within one year | 40/41 | €4,284 | €5,322 | +€1,038 | +24.2% |
| Trade receivables | 40 | €3,704 | €0 | -€3,704 | -100% |
| Other amounts receivable | 41 | €579 | €5,322 | +€4,743 | +819% |
| Cash at bank and in hand | 54/58 | €91,564 | €34,345 | -€57,219 | -62.5% |
| Deferred charges and accrued income | 490/1 | €68 | €68 | +€1 | +0.8% |
| Total equity and liabilities | 10/49 | €416,494 | €438,922 | +€22,428 | +5.4% |
| Equity | 10/15 | €133,017 | €160,364 | +€27,348 | +20.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €118,017 | €145,364 | +€27,348 | +23.2% |
| Distributable reserves | 133 | €118,017 | €145,364 | +€27,348 | +23.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €283,477 | €278,558 | -€4,920 | -1.7% |
| Amounts payable after more than one year | 17 | €231,495 | €251,855 | +€20,360 | +8.8% |
| Financial debts | 170/4 | €231,495 | €251,855 | +€20,360 | +8.8% |
| Amounts payable within one year | 42/48 | €51,982 | €26,703 | -€25,280 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €10,780 | €14,809 | +€4,030 | +37.4% |
| Trade debts | 44 | €28,469 | €2,063 | -€26,406 | -92.8% |
| Suppliers | 440/4 | €28,469 | €2,063 | -€26,406 | -92.8% |
| Taxes, remuneration and social security | 45 | €12,733 | €9,830 | -€2,903 | -22.8% |
| Taxes | 450/3 | €12,733 | €9,830 | -€2,903 | -22.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,082 | €19,527 | +€13,445 | +221% |
| Other operating charges | 640/8 | €204 | €597 | +€393 | +192% |
| Gross operating margin | 9900 | €75,579 | €79,277 | +€3,699 | +4.9% |
| Operating profit (loss) | 9901 | €69,292 | €59,154 | -€10,139 | -14.6% |
| Financial income | 75/76B | €318 | €700 | +€382 | +120% |
| Recurring financial income | 75 | €318 | €700 | +€382 | +120% |
| Financial charges | 65/66B | €3,603 | €10,197 | +€6,593 | +183% |
| Recurring financial charges | 65 | €3,603 | €10,197 | +€6,593 | +183% |
| Profit (loss) for the period before taxes | 9903 | €66,008 | €49,657 | -€16,350 | -24.8% |
| Income taxes | 67/77 | €13,869 | €10,545 | -€3,324 | -24.0% |
| Profit (loss) for the period | 9904 | €52,138 | €39,112 | -€13,026 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,138 | €39,112 | -€13,026 | -25.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.