Craft: 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.
Craft
Largest movements
- Cash +€48,512
up €48,512 (+39.5%), from €122,692 to €171,204
mainly Net result for the year (+€213,044) and Receivables within one year (+€23,673)
- Receivables within one year -€23,673
down €23,673 (-18.3%), from €129,021 to €105,347
of which Trade receivables: -€23,007
- Intangible fixed assets +€3,530
new in 2025: €3,530
- Other debts +€17,276
up €17,276 (+8.8%), from €195,768 to €213,044
- Tax, wage and social debts +€10,805
up €10,805 (+28.8%), from €37,466 to €48,271
- Gross operating margin +€33,095
up €33,095 (+12.8%), from €259,251 to €292,346
- Other operating charges +€9,626
up €9,626 (+653%), from €1,473 to €11,099
- Taxes +€5,850
up €5,850 (+9.7%), from €60,540 to €66,390
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 | €256,053 | €284,323 | +€28,270 | +11.0% |
| Fixed assets | 21/28 | €4,340 | €6,188 | +€1,848 | +42.6% |
| Intangible fixed assets | 21 | - | €3,530 | +€3,530 | |
| Tangible fixed assets | 22/27 | €4,340 | €2,658 | -€1,682 | -38.8% |
| Furniture and vehicles | 24 | €4,340 | €2,658 | -€1,682 | -38.8% |
| Current assets | 29/58 | €251,713 | €278,135 | +€26,422 | +10.5% |
| Amounts receivable within one year | 40/41 | €129,021 | €105,347 | -€23,673 | -18.3% |
| Trade receivables | 40 | €128,354 | €105,347 | -€23,007 | -17.9% |
| Other amounts receivable | 41 | €666 | - | -€666 | |
| Cash at bank and in hand | 54/58 | €122,692 | €171,204 | +€48,512 | +39.5% |
| Deferred charges and accrued income | 490/1 | - | €1,583 | +€1,583 | |
| Total equity and liabilities | 10/49 | €256,053 | €284,323 | +€28,270 | +11.0% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €237,453 | €265,723 | +€28,270 | +11.9% |
| Amounts payable within one year | 42/48 | €237,453 | €265,723 | +€28,270 | +11.9% |
| Financial debts | 43 | €63 | €14 | -€50 | -78.5% |
| Credit institutions | 430/8 | €63 | €14 | -€50 | -78.5% |
| Trade debts | 44 | €4,156 | €4,394 | +€239 | +5.7% |
| Suppliers | 440/4 | €4,156 | €4,394 | +€239 | +5.7% |
| Taxes, remuneration and social security | 45 | €37,466 | €48,271 | +€10,805 | +28.8% |
| Taxes | 450/3 | €37,466 | €48,271 | +€10,805 | +28.8% |
| Other amounts payable | 47/48 | €195,768 | €213,044 | +€17,276 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,431 | €1,682 | +€251 | +17.5% |
| Other operating charges | 640/8 | €1,473 | €11,099 | +€9,626 | +653% |
| Gross operating margin | 9900 | €259,251 | €292,346 | +€33,095 | +12.8% |
| Operating profit (loss) | 9901 | €256,347 | €279,565 | +€23,218 | +9.1% |
| Financial income | 75/76B | €95 | €0 | -€95 | -100.0% |
| Recurring financial income | 75 | €95 | €0 | -€95 | -100.0% |
| Financial charges | 65/66B | €135 | €132 | -€3 | -1.9% |
| Recurring financial charges | 65 | €135 | €132 | -€3 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €256,308 | €279,433 | +€23,126 | +9.0% |
| Income taxes | 67/77 | €60,540 | €66,390 | +€5,850 | +9.7% |
| Profit (loss) for the period | 9904 | €195,768 | €213,044 | +€17,276 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €195,768 | €213,044 | +€17,276 | +8.8% |
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 14 October 2026 via checked.be.