CRAFTED: 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.
CRAFTED
Largest movements
- Tangible fixed assets +€25,258
up €25,258 (+38.2%), from €66,089 to €91,346
of which Land and buildings: +€22,011
- Cash +€6,525
up €6,525 (+4.6%), from €142,524 to €149,049
mainly Net result for the year (+€50,842) and Depreciation (+€8,813)
- Receivables within one year -€3,368
down €3,368 (-10.6%), from €31,687 to €28,319
of which Other amounts receivable: -€4,783
- Reserves +€25,842
up €25,842 (+14.3%), from €180,873 to €206,715
- Profit (loss) carried forward +€25,000
up €25,000, from €0 to €25,000
- Other debts -€23,389
down €23,389 (-84.7%), from €27,620 to €4,231
- Gross operating margin +€22,589
up €22,589 (+40.9%), from €55,273 to €77,861
- Taxes +€3,284
up €3,284 (+24.9%), from €13,185 to €16,469
- Depreciation +€1,715
up €1,715 (+24.2%), from €7,098 to €8,813
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 | €240,694 | €268,954 | +€28,259 | +11.7% |
| Fixed assets | 21/28 | €66,089 | €91,346 | +€25,258 | +38.2% |
| Tangible fixed assets | 22/27 | €66,089 | €91,346 | +€25,258 | +38.2% |
| Land and buildings | 22 | €59,352 | €81,363 | +€22,011 | +37.1% |
| Plant, machinery and equipment | 23 | - | €1,681 | +€1,681 | |
| Furniture and vehicles | 24 | €6,736 | €8,302 | +€1,566 | +23.2% |
| Current assets | 29/58 | €174,606 | €177,608 | +€3,002 | +1.7% |
| Amounts receivable within one year | 40/41 | €31,687 | €28,319 | -€3,368 | -10.6% |
| Trade receivables | 40 | €18,549 | €19,965 | +€1,416 | +7.6% |
| Other amounts receivable | 41 | €13,137 | €8,354 | -€4,783 | -36.4% |
| Cash at bank and in hand | 54/58 | €142,524 | €149,049 | +€6,525 | +4.6% |
| Deferred charges and accrued income | 490/1 | €395 | €240 | -€155 | -39.3% |
| Total equity and liabilities | 10/49 | €240,694 | €268,954 | +€28,259 | +11.7% |
| Equity | 10/15 | €199,473 | €250,315 | +€50,842 | +25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €180,873 | €206,715 | +€25,842 | +14.3% |
| Distributable reserves | 133 | €180,873 | €206,715 | +€25,842 | +14.3% |
| Profit (loss) carried forward | 14 | €0 | €25,000 | +€25,000 | |
| Amounts payable | 17/49 | €41,222 | €18,639 | -€22,583 | -54.8% |
| Amounts payable within one year | 42/48 | €41,222 | €18,639 | -€22,583 | -54.8% |
| Financial debts | 43 | €6,033 | €6,111 | +€78 | +1.3% |
| Credit institutions | 430/8 | €6,033 | €6,111 | +€78 | +1.3% |
| Trade debts | 44 | €3,429 | €3,448 | +€20 | +0.6% |
| Suppliers | 440/4 | €3,429 | €3,448 | +€20 | +0.6% |
| Taxes, remuneration and social security | 45 | €4,140 | €4,849 | +€709 | +17.1% |
| Taxes | 450/3 | €4,140 | €4,849 | +€709 | +17.1% |
| Other amounts payable | 47/48 | €27,620 | €4,231 | -€23,389 | -84.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,098 | €8,813 | +€1,715 | +24.2% |
| Other operating charges | 640/8 | €933 | €903 | -€30 | -3.2% |
| Gross operating margin | 9900 | €55,273 | €77,861 | +€22,589 | +40.9% |
| Operating profit (loss) | 9901 | €47,241 | €68,145 | +€20,904 | +44.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €611 | €834 | +€223 | +36.5% |
| Recurring financial charges | 65 | €611 | €834 | +€223 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €46,630 | €67,311 | +€20,681 | +44.4% |
| Income taxes | 67/77 | €13,185 | €16,469 | +€3,284 | +24.9% |
| Profit (loss) for the period | 9904 | €33,445 | €50,842 | +€17,397 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,445 | €50,842 | +€17,397 | +52.0% |
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 8 October 2026 via checked.be.