CRAFT LAND: 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 LAND
Largest movements
- Stocks and contracts -€3,466
down €3,466 (-23.3%), from €14,902 to €11,435
- Receivables within one year +€1,927
up €1,927 (+452.5%), from €426 to €2,353
of which Trade receivables: +€2,142
- Tangible fixed assets -€811
down €811 (-6.3%), from €12,849 to €12,038
of which Furniture and vehicles: -€4,340
- Deferred charges and accrued income +€600
up €600 (+56.0%), from €1,072 to €1,672
- Cash +€574
up €574 (+30.1%), from €1,905 to €2,479
mainly Other debts (+€15,273) and Depreciation (+€6,741)
- Profit (loss) carried forward -€15,583
down €15,583 (-53.3%), from -€29,252 to -€44,835
- Other debts +€15,273
up €15,273 (+35.5%), from €43,081 to €58,354
- Trade debts -€866
down €866 (-53.0%), from €1,635 to €769
- Gross operating margin -€13,575
down €13,575, from €5,482 to -€8,093
- Depreciation +€2,298
up €2,298 (+51.7%), from €4,443 to €6,741
- Taxes -€939
no longer reported in 2025 (was €939)
- Other operating charges -€828
down €828 (-58.8%), from €1,407 to €579
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 | €35,047 | €33,872 | -€1,176 | -3.4% |
| Fixed assets | 21/28 | €16,743 | €15,932 | -€811 | -4.8% |
| Tangible fixed assets | 22/27 | €12,849 | €12,038 | -€811 | -6.3% |
| Plant, machinery and equipment | 23 | - | €4,714 | +€4,714 | |
| Furniture and vehicles | 24 | €7,029 | €2,689 | -€4,340 | -61.7% |
| Other tangible fixed assets | 26 | €5,820 | €4,636 | -€1,185 | -20.4% |
| Financial fixed assets | 28 | €3,894 | €3,894 | = | 0.0% |
| Current assets | 29/58 | €18,305 | €17,940 | -€365 | -2.0% |
| Stocks and contracts in progress | 3 | €14,902 | €11,435 | -€3,466 | -23.3% |
| Stocks | 30/36 | €14,902 | €11,435 | -€3,466 | -23.3% |
| Amounts receivable within one year | 40/41 | €426 | €2,353 | +€1,927 | +452.5% |
| Trade receivables | 40 | - | €2,142 | +€2,142 | |
| Other amounts receivable | 41 | €426 | €212 | -€214 | -50.3% |
| Cash at bank and in hand | 54/58 | €1,905 | €2,479 | +€574 | +30.1% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,672 | +€600 | +56.0% |
| Total equity and liabilities | 10/49 | €35,047 | €33,872 | -€1,176 | -3.4% |
| Equity | 10/15 | -€10,660 | -€26,243 | -€15,583 | -146.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,252 | -€44,835 | -€15,583 | -53.3% |
| Amounts payable | 17/49 | €45,707 | €60,114 | +€14,407 | +31.5% |
| Amounts payable within one year | 42/48 | €45,707 | €60,114 | +€14,407 | +31.5% |
| Financial debts | 43 | €52 | €52 | = | 0.0% |
| Credit institutions | 430/8 | €52 | €52 | = | 0.0% |
| Trade debts | 44 | €1,635 | €769 | -€866 | -53.0% |
| Suppliers | 440/4 | €1,635 | €769 | -€866 | -53.0% |
| Taxes, remuneration and social security | 45 | €939 | €939 | = | 0.0% |
| Taxes | 450/3 | €939 | €939 | = | 0.0% |
| Other amounts payable | 47/48 | €43,081 | €58,354 | +€15,273 | +35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,443 | €6,741 | +€2,298 | +51.7% |
| Other operating charges | 640/8 | €1,407 | €579 | -€828 | -58.8% |
| Non-recurring operating charges | 66A | €78 | - | -€78 | |
| Gross operating margin | 9900 | €5,482 | -€8,093 | -€13,575 | |
| Operating profit (loss) | 9901 | -€447 | -€15,414 | -€14,967 | -3346.0% |
| Financial charges | 65/66B | €193 | €169 | -€24 | -12.2% |
| Recurring financial charges | 65 | €193 | €169 | -€24 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€640 | -€15,583 | -€14,943 | -2335.4% |
| Income taxes | 67/77 | €939 | - | -€939 | |
| Profit (loss) for the period | 9904 | -€1,579 | -€15,583 | -€14,004 | -886.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,579 | -€15,583 | -€14,004 | -886.7% |
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 10 October 2026 via checked.be.