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.
Craeynest
Largest movements
- Current investments +€60,000
up €60,000 (+15.4%), from €390,000 to €450,000
- Cash +€20,112
up €20,112 (+34.4%), from €58,503 to €78,615
mainly Net result for the year (+€45,044) and Trade debts (+€40,859)
- Tangible fixed assets -€5,776
down €5,776 (-26.4%), from €21,913 to €16,138
of which Plant, machinery and equipment: -€4,963
- Trade debts +€40,859
up €40,859 (+16.2%), from €252,271 to €293,129
- Reserves +€24,097
up €24,097 (+14.7%), from €163,456 to €187,553
of which Distributable reserves: +€24,097
- Tax, wage and social debts +€6,419
up €6,419 (+17.9%), from €35,821 to €42,240
- Financial income -€6,428
down €6,428 (-44.1%), from €14,592 to €8,164
- Gross operating margin +€2,325
up €2,325 (+3.5%), from €66,110 to €68,434
- Taxes -€1,399
down €1,399 (-5.6%), from €25,192 to €23,793
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 | €493,258 | €563,124 | +€69,866 | +14.2% |
| Fixed assets | 21/28 | €22,723 | €16,448 | -€6,276 | -27.6% |
| Tangible fixed assets | 22/27 | €21,913 | €16,138 | -€5,776 | -26.4% |
| Land and buildings | 22 | €907 | €635 | -€272 | -29.9% |
| Plant, machinery and equipment | 23 | €19,547 | €14,584 | -€4,963 | -25.4% |
| Furniture and vehicles | 24 | €1,459 | €918 | -€541 | -37.1% |
| Financial fixed assets | 28 | €810 | €310 | -€500 | -61.7% |
| Current assets | 29/58 | €470,535 | €546,676 | +€76,142 | +16.2% |
| Amounts receivable within one year | 40/41 | €21,276 | €17,499 | -€3,777 | -17.8% |
| Trade receivables | 40 | €18,766 | €12,490 | -€6,277 | -33.4% |
| Other amounts receivable | 41 | €2,510 | €5,010 | +€2,500 | +99.6% |
| Current investments | 50/53 | €390,000 | €450,000 | +€60,000 | +15.4% |
| Cash at bank and in hand | 54/58 | €58,503 | €78,615 | +€20,112 | +34.4% |
| Deferred charges and accrued income | 490/1 | €756 | €562 | -€194 | -25.7% |
| Total equity and liabilities | 10/49 | €493,258 | €563,124 | +€69,866 | +14.2% |
| Equity | 10/15 | €187,356 | €211,453 | +€24,097 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,456 | €187,553 | +€24,097 | +14.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €161,596 | €185,693 | +€24,097 | +14.9% |
| Profit (loss) carried forward | 14 | €5,300 | €5,300 | = | 0.0% |
| Amounts payable | 17/49 | €305,902 | €351,671 | +€45,769 | +15.0% |
| Amounts payable within one year | 42/48 | €305,902 | €351,671 | +€45,769 | +15.0% |
| Trade debts | 44 | €252,271 | €293,129 | +€40,859 | +16.2% |
| Suppliers | 440/4 | €252,271 | €293,129 | +€40,859 | +16.2% |
| Taxes, remuneration and social security | 45 | €35,821 | €42,240 | +€6,419 | +17.9% |
| Taxes | 450/3 | €35,821 | €42,240 | +€6,419 | +17.9% |
| Other amounts payable | 47/48 | €17,811 | €16,302 | -€1,509 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,342 | €5,776 | +€434 | +8.1% |
| Other operating charges | 640/8 | €2,210 | €1,638 | -€572 | -25.9% |
| Gross operating margin | 9900 | €66,110 | €68,434 | +€2,325 | +3.5% |
| Operating profit (loss) | 9901 | €58,557 | €61,021 | +€2,463 | +4.2% |
| Financial income | 75/76B | €14,592 | €8,164 | -€6,428 | -44.1% |
| Recurring financial income | 75 | €14,592 | €8,164 | -€6,428 | -44.1% |
| Financial charges | 65/66B | €481 | €348 | -€133 | -27.6% |
| Recurring financial charges | 65 | €481 | €348 | -€133 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €72,668 | €68,837 | -€3,832 | -5.3% |
| Income taxes | 67/77 | €25,192 | €23,793 | -€1,399 | -5.6% |
| Profit (loss) for the period | 9904 | €47,477 | €45,044 | -€2,432 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,477 | €45,044 | -€2,432 | -5.1% |
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 11 October 2026 via checked.be.