Craeye: 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.
Craeye
Largest movements
- Stocks and contracts -€273,030
down €273,030 (-32.4%), from €842,235 to €569,205
of which Stocks: -€161,008
- Cash -€58,105
down €58,105 (-19.0%), from €305,107 to €247,002
mainly Other debts (-€1.3m) and Tax, wage and social debts (-€210,006)
- Receivables within one year -€41,421
down €41,421 (-3.0%), from €1.4m to €1.3m
of which Other amounts receivable: -€62,790
- Other debts -€1.3m
down €1.3m (-77.2%), from €1.7m to €379,274
- Reserves +€1.1m
up €1.1m (+60162.9%), from €1,860 to €1.1m
- Tax, wage and social debts -€210,006
down €210,006 (-51.4%), from €408,185 to €198,179
of which Taxes: -€223,037
- Advances received -€186,470
down €186,470 (-35.7%), from €521,966 to €335,496
- Trade debts +€178,696
up €178,696 (+252.6%), from €70,749 to €249,445
- Gross operating margin +€145,718
up €145,718 (+7.5%), from €1.9m to €2.1m
- Staff costs +€139,604
up €139,604 (+39.4%), from €354,775 to €494,379
- Taxes +€117,690
up €117,690 (+29.2%), from €403,083 to €520,773
- Financial income +€25,131
up €25,131 (+29.6%), from €84,850 to €109,981
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.
Cash bridge derived
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 | €2,688,340 | €2,301,883 | -€386,457 | -14.4% |
| Fixed assets | 21/28 | €143,500 | €130,082 | -€13,418 | -9.4% |
| Tangible fixed assets | 22/27 | €143,500 | €130,082 | -€13,418 | -9.4% |
| Land and buildings | 22 | €33,721 | €28,376 | -€5,345 | -15.9% |
| Plant, machinery and equipment | 23 | €243 | €19,925 | +€19,681 | +8092.0% |
| Furniture and vehicles | 24 | €109,536 | €81,781 | -€27,754 | -25.3% |
| Current assets | 29/58 | €2,544,840 | €2,171,801 | -€373,039 | -14.7% |
| Stocks and contracts in progress | 3 | €842,235 | €569,205 | -€273,030 | -32.4% |
| Stocks | 30/36 | €647,208 | €486,200 | -€161,008 | -24.9% |
| Contracts in progress | 37 | €195,027 | €83,004 | -€112,022 | -57.4% |
| Amounts receivable within one year | 40/41 | €1,374,644 | €1,333,223 | -€41,421 | -3.0% |
| Trade receivables | 40 | €1,221,746 | €1,243,115 | +€21,369 | +1.7% |
| Other amounts receivable | 41 | €152,898 | €90,108 | -€62,790 | -41.1% |
| Cash at bank and in hand | 54/58 | €305,107 | €247,002 | -€58,105 | -19.0% |
| Deferred charges and accrued income | 490/1 | €22,854 | €22,371 | -€483 | -2.1% |
| Total equity and liabilities | 10/49 | €2,688,340 | €2,301,883 | -€386,457 | -14.4% |
| Equity | 10/15 | €20,460 | €1,139,489 | +€1.1m | +5469.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,120,889 | +€1.1m | +60162.9% |
| Distributable reserves | 133 | €1,860 | €1,120,889 | +€1.1m | +60162.9% |
| Amounts payable | 17/49 | €2,667,880 | €1,162,394 | -€1.5m | -56.4% |
| Amounts payable within one year | 42/48 | €2,667,880 | €1,162,394 | -€1.5m | -56.4% |
| Trade debts | 44 | €70,749 | €249,445 | +€178,696 | +252.6% |
| Suppliers | 440/4 | €70,749 | €249,445 | +€178,696 | +252.6% |
| Advances received on contracts in progress | 46 | €521,966 | €335,496 | -€186,470 | -35.7% |
| Taxes, remuneration and social security | 45 | €408,185 | €198,179 | -€210,006 | -51.4% |
| Taxes | 450/3 | €390,309 | €167,272 | -€223,037 | -57.1% |
| Remuneration and social security | 454/9 | €17,876 | €30,907 | +€13,031 | +72.9% |
| Other amounts payable | 47/48 | €1,666,980 | €379,274 | -€1.3m | -77.2% |
| Non-recurring operating income | 76A | €250 | - | -€250 | |
| Remuneration, social security and pensions | 62 | €354,775 | €494,379 | +€139,604 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,683 | €41,140 | +€7,457 | +22.1% |
| Other operating charges | 640/8 | €4,816 | €5,291 | +€475 | +9.9% |
| Gross operating margin | 9900 | €1,936,259 | €2,081,977 | +€145,718 | +7.5% |
| Operating profit (loss) | 9901 | €1,542,985 | €1,541,166 | -€1,819 | -0.1% |
| Financial income | 75/76B | €84,850 | €109,981 | +€25,131 | +29.6% |
| Recurring financial income | 75 | €84,850 | €109,981 | +€25,131 | +29.6% |
| Financial charges | 65/66B | €14,738 | €11,346 | -€3,392 | -23.0% |
| Recurring financial charges | 65 | €14,738 | €11,346 | -€3,392 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €1,613,097 | €1,639,802 | +€26,705 | +1.7% |
| Income taxes | 67/77 | €403,083 | €520,773 | +€117,690 | +29.2% |
| Profit (loss) for the period | 9904 | €1,210,014 | €1,119,029 | -€90,985 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,210,014 | €1,119,029 | -€90,985 | -7.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.