Craftzing Group: 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.
What changed
Craftzing Group
NACE 73.110, Advertising agencies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €578,058+€793,062
Equity
€7.2m
2024 · €4.6m+€2.6m
Cash
€1.6m
2024 · €952,131+€635,234
Balance sheet total
€14.8m
2024 · €12.2m+€2.6m
Largest movements
Assets
- Receivables after one year +€2.1m
up €2.1m, from €0 to €2.1m
of which Trade receivables: +€2.1m
- Receivables within one year -€646,608
down €646,608 (-16.0%), from €4.0m to €3.4m
of which Trade receivables: -€1.2m
- Cash +€635,234
up €635,234 (+66.7%), from €952,131 to €1.6m
mainly Net result for the year (+€1.4m) and Contributions, distributions and other (+€1.2m)
- Financial fixed assets +€467,380
up €467,380 (+14.3%), from €3.3m to €3.7m
of which Affiliated companies: +€462,457
- Intangible fixed assets -€295,667
down €295,667 (-9.0%), from €3.3m to €3.0m
Equity and liabilities
- Profit (loss) carried forward +€1.3m
up €1.3m (+196.3%), from €663,448 to €2.0m
- Contributions +€1.2m
up €1.2m (+32.0%), from €3.9m to €5.2m
- Short-term financial debts -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Current portion of long-term debt +€545,605
up €545,605 (+59.6%), from €915,395 to €1.5m
- Debts after one year +€315,556
up €315,556 (+21.9%), from €1.4m to €1.8m
of which Financial debts: +€970,998
Income statement
- Turnover +€2.3m
up €2.3m (+15.5%), from €14.5m to €16.8m
- Services and other goods +€1.5m
up €1.5m (+21.3%), from €7.1m to €8.6m
- Staff costs +€1.1m
up €1.1m (+21.4%), from €5.3m to €6.5m
- Goods and materials +€712,613
up €712,613 (+58.2%), from €1.2m to €1.9m
- Financial income -€540,905
down €540,905 (-97.6%), from €554,302 to €13,397
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.
Result 2024
€578,058
Turnover
+€2.3m
Other operating income
+€24,366
Goods and materials
-€712,613
Services and other goods
-€1.5m
Staff costs
-€1.1m
Depreciation
-€64,407
Other operating charges
-€534
Other operating items
+€2.0m
Financial income
-€540,905
Financial charges
+€238,277
Taxes
+€198,217
Result 2025
€1.4m
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.
From operations
+€502,995
Investment
-€934,987
Financing
+€1.1m
Cash 2024
€952,131
From operations (derived)
+€502,995
Net result for the year
+€1.4m
Depreciation
+€569,187
Receivables after one year
-€2.1m
Receivables within one year
+€646,608
Deferred charges and accrued income
-€183,503
Trade debts
+€131,146
Tax, wage and social debts
-€36,907
Other debts
+€148,196
Accrued charges and deferred income
-€71,092
Investment (derived)
-€934,987
Investment in fixed assets (net)
-€934,987
Financing
+€1.1m
Debts after one year
+€315,556
Current portion of long-term debt
+€545,605
Short-term financial debts
-€1.0m
Contributions, distributions and other
+€1.2m
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,209,206 | €14,818,895 | +€2.6m | +21.4% |
| Fixed assets | 21/28 | €7,057,641 | €7,423,441 | +€365,800 | +5.2% |
| Intangible fixed assets | 21 | €3,276,748 | €2,981,081 | -€295,667 | -9.0% |
| Tangible fixed assets | 22/27 | €522,637 | €716,724 | +€194,087 | +37.1% |
| Plant, machinery and equipment | 23 | €153,837 | €170,351 | +€16,514 | +10.7% |
| Furniture and vehicles | 24 | €107,117 | €196,709 | +€89,592 | +83.6% |
| Other tangible fixed assets | 26 | €261,683 | €349,664 | +€87,982 | +33.6% |
| Financial fixed assets | 28 | €3,258,256 | €3,725,636 | +€467,380 | +14.3% |
| Affiliated companies | 280/1 | €3,252,875 | €3,715,332 | +€462,457 | +14.2% |
| Participating interests | 280 | €3,252,875 | €3,715,332 | +€462,457 | +14.2% |
| Other financial fixed assets | 284/8 | €5,381 | €10,304 | +€4,923 | +91.5% |
| Amounts receivable and cash guarantees | 285/8 | €5,381 | €10,304 | +€4,923 | +91.5% |
| Current assets | 29/58 | €5,151,565 | €7,395,454 | +€2.2m | +43.6% |
| Amounts receivable after more than one year | 29 | €0 | €2,071,760 | +€2.1m | |
| Trade receivables | 290 | - | €2,071,760 | +€2.1m | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,043,524 | €3,396,916 | -€646,608 | -16.0% |
| Trade receivables | 40 | €3,889,923 | €2,669,150 | -€1.2m | -31.4% |
| Other amounts receivable | 41 | €153,602 | €727,766 | +€574,164 | +373.8% |
| Cash at bank and in hand | 54/58 | €952,131 | €1,587,365 | +€635,234 | +66.7% |
| Deferred charges and accrued income | 490/1 | €155,910 | €339,413 | +€183,503 | +117.7% |
| Total equity and liabilities | 10/49 | €12,209,206 | €14,818,895 | +€2.6m | +21.4% |
| Equity | 10/15 | €4,604,080 | €7,225,067 | +€2.6m | +56.9% |
| Contributions | 10/11 | €3,903,375 | €5,153,242 | +€1.2m | +32.0% |
| Capital | 10 | €3,903,375 | €5,153,242 | +€1.2m | +32.0% |
| Issued capital | 100 | €3,903,375 | €5,153,242 | +€1.2m | +32.0% |
| Reserves | 13 | €37,257 | €105,813 | +€68,556 | +184.0% |
| Non-distributable reserves | 130/1 | €37,257 | €105,813 | +€68,556 | +184.0% |
| Legal reserve | 130 | €37,257 | €105,813 | +€68,556 | +184.0% |
| Profit (loss) carried forward | 14 | €663,448 | €1,966,012 | +€1.3m | +196.3% |
| Amounts payable | 17/49 | €7,605,126 | €7,593,828 | -€11,298 | -0.1% |
| Amounts payable after more than one year | 17 | €1,443,032 | €1,758,588 | +€315,556 | +21.9% |
| Financial debts | 170/4 | €787,591 | €1,758,588 | +€970,998 | +123.3% |
| Credit institutions | 173 | €787,591 | €1,758,588 | +€970,998 | +123.3% |
| Other amounts payable | 178/9 | €655,442 | €0 | -€655,442 | -100.0% |
| Amounts payable within one year | 42/48 | €6,022,341 | €5,766,579 | -€255,762 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €915,395 | €1,461,000 | +€545,605 | +59.6% |
| Financial debts | 43 | €1,043,802 | €0 | -€1.0m | -100.0% |
| Credit institutions | 430/8 | €1,043,802 | €0 | -€1.0m | -100.0% |
| Trade debts | 44 | €2,916,636 | €3,047,782 | +€131,146 | +4.5% |
| Suppliers | 440/4 | €2,916,636 | €3,047,782 | +€131,146 | +4.5% |
| Taxes, remuneration and social security | 45 | €772,129 | €735,222 | -€36,907 | -4.8% |
| Taxes | 450/3 | €266,879 | €140,710 | -€126,169 | -47.3% |
| Remuneration and social security | 454/9 | €505,250 | €594,512 | +€89,262 | +17.7% |
| Other amounts payable | 47/48 | €374,380 | €522,576 | +€148,196 | +39.6% |
| Accrued charges and deferred income | 492/3 | €139,753 | €68,661 | -€71,092 | -50.9% |
| Operating income | 70/76A | €14,763,417 | €19,088,892 | +€4.3m | +29.3% |
| Turnover | 70 | €14,543,831 | €16,795,589 | +€2.3m | +15.5% |
| Own construction capitalised | 72 | - | €84,329 | +€84,329 | |
| Other operating income | 74 | €219,586 | €243,952 | +€24,366 | +11.1% |
| Non-recurring operating income | 76A | - | €1,965,022 | +€2.0m | |
| Operating charges | 60/66A | €14,147,415 | €17,575,418 | +€3.4m | +24.2% |
| Goods for resale, raw materials and consumables | 60 | €1,223,819 | €1,936,431 | +€712,613 | +58.2% |
| Purchases | 600/8 | €1,223,819 | €1,936,431 | +€712,613 | +58.2% |
| Services and other goods | 61 | €7,091,255 | €8,600,450 | +€1.5m | +21.3% |
| Remuneration, social security and pensions | 62 | €5,324,746 | €6,466,001 | +€1.1m | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504,780 | €569,187 | +€64,407 | +12.8% |
| Other operating charges | 640/8 | €2,816 | €3,349 | +€534 | +19.0% |
| Operating profit (loss) | 9901 | €616,002 | €1,513,475 | +€897,472 | +145.7% |
| Financial income | 75/76B | €554,302 | €13,397 | -€540,905 | -97.6% |
| Recurring financial income | 75 | €554,302 | €13,397 | -€540,905 | -97.6% |
| Income from financial fixed assets | 750 | €554,194 | €90 | -€554,103 | -100.0% |
| Income from current assets | 751 | €37 | €12,661 | +€12,624 | +34146.0% |
| Other financial income | 752/9 | €71 | €646 | +€575 | +804.1% |
| Financial charges | 65/66B | €388,076 | €149,798 | -€238,277 | -61.4% |
| Recurring financial charges | 65 | €213,318 | €149,798 | -€63,520 | -29.8% |
| Debt charges | 650 | €96,414 | €69,600 | -€26,814 | -27.8% |
| Other financial charges | 652/9 | €116,904 | €80,198 | -€36,706 | -31.4% |
| Non-recurring financial charges | 66B | €174,758 | €0 | -€174,758 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €782,229 | €1,377,073 | +€594,845 | +76.0% |
| Income taxes | 67/77 | €204,171 | €5,953 | -€198,217 | -97.1% |
| Taxes | 670/3 | €210,869 | €11,129 | -€199,739 | -94.7% |
| Tax adjustments and reversals of tax provisions | 77 | €6,698 | €5,176 | -€1,522 | -22.7% |
| Profit (loss) for the period | 9904 | €578,058 | €1,371,120 | +€793,062 | +137.2% |
| Profit (loss) for the period to be appropriated | 9905 | €578,058 | €1,371,120 | +€793,062 | +137.2% |
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 12 October 2026 via checked.be.