Craft Communications: what changed
Two fiscal 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 Communications
Largest movements
- Receivables within one year -€5,010
down €5,010 (-17.9%), from €27,984 to €22,973
of which Trade receivables: -€3,960
- Cash +€4,762
up €4,762 (+13.7%), from €34,716 to €39,478
mainly Net result for the year (+€6,020) and Receivables within one year (+€5,010)
- Tangible fixed assets +€3,311
up €3,311 (+41.3%), from €8,009 to €11,320
of which Other tangible fixed assets: +€3,633
- Deferred charges and accrued income +€1,890
new in 2025: €1,890
- Reserves +€6,000
up €6,000 (+11.4%), from €52,735 to €58,735
- Trade debts -€1,110
no longer reported in 2025 (was €1,110)
- Gross operating margin +€4,404
up €4,404 (+47.3%), from €9,307 to €13,712
- Financial charges -€1,587
down €1,587 (-69.5%), from €2,283 to €695
- Taxes +€1,483
up €1,483 (+74.6%), from €1,987 to €3,469
- Depreciation +€494
up €494 (+20.2%), from €2,450 to €2,944
- Other operating charges -€230
down €230 (-28.2%), from €816 to €585
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 | €70,708 | €75,661 | +€4,953 | +7.0% |
| Fixed assets | 21/28 | €8,009 | €11,320 | +€3,311 | +41.3% |
| Tangible fixed assets | 22/27 | €8,009 | €11,320 | +€3,311 | +41.3% |
| Plant, machinery and equipment | 23 | €2,638 | €2,580 | -€58 | -2.2% |
| Furniture and vehicles | 24 | €5,046 | €4,781 | -€264 | -5.2% |
| Other tangible fixed assets | 26 | €326 | €3,959 | +€3,633 | +1115.8% |
| Current assets | 29/58 | €62,699 | €64,341 | +€1,642 | +2.6% |
| Amounts receivable within one year | 40/41 | €27,984 | €22,973 | -€5,010 | -17.9% |
| Trade receivables | 40 | €19,809 | €15,848 | -€3,960 | -20.0% |
| Other amounts receivable | 41 | €8,175 | €7,125 | -€1,050 | -12.8% |
| Cash at bank and in hand | 54/58 | €34,716 | €39,478 | +€4,762 | +13.7% |
| Deferred charges and accrued income | 490/1 | - | €1,890 | +€1,890 | |
| Total equity and liabilities | 10/49 | €70,708 | €75,661 | +€4,953 | +7.0% |
| Equity | 10/15 | €59,218 | €65,238 | +€6,020 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,735 | €58,735 | +€6,000 | +11.4% |
| Distributable reserves | 133 | €52,735 | €58,735 | +€6,000 | +11.4% |
| Profit (loss) carried forward | 14 | €283 | €303 | +€20 | +6.9% |
| Amounts payable | 17/49 | €11,490 | €10,423 | -€1,067 | -9.3% |
| Amounts payable within one year | 42/48 | €11,133 | €10,423 | -€710 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €3,469 | €3,433 | -€36 | -1.0% |
| Trade debts | 44 | €1,110 | - | -€1,110 | |
| Suppliers | 440/4 | €1,110 | - | -€1,110 | |
| Taxes, remuneration and social security | 45 | €6,553 | €6,647 | +€94 | +1.4% |
| Taxes | 450/3 | €6,553 | €6,647 | +€94 | +1.4% |
| Other amounts payable | 47/48 | - | €343 | +€343 | |
| Accrued charges and deferred income | 492/3 | €357 | - | -€357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,450 | €2,944 | +€494 | +20.2% |
| Other operating charges | 640/8 | €816 | €585 | -€230 | -28.2% |
| Gross operating margin | 9900 | €9,307 | €13,712 | +€4,404 | +47.3% |
| Operating profit (loss) | 9901 | €6,042 | €10,182 | +€4,141 | +68.5% |
| Financial income | 75/76B | €0 | €2 | +€2 | +11000.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +11000.0% |
| Financial charges | 65/66B | €2,283 | €695 | -€1,587 | -69.5% |
| Recurring financial charges | 65 | €2,283 | €695 | -€1,587 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €3,759 | €9,489 | +€5,730 | +152.4% |
| Income taxes | 67/77 | €1,987 | €3,469 | +€1,483 | +74.6% |
| Profit (loss) for the period | 9904 | €1,772 | €6,020 | +€4,247 | +239.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,772 | €6,020 | +€4,247 | +239.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.