CRALUX: 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
CRALUX
NACE 41.001, General construction of residential buildings
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€174,570
2023 · €62,132+€112,439
Equity
€2.4m
2023 · €841,946+€1.5m
Cash
€20,089
2023 · €1,218+€18,871
Balance sheet total
€12.9m
2023 · €14.2m-€1.3m
Largest movements
Assets
- Stocks and contracts -€3.6m
down €3.6m (-75.9%), from €4.7m to €1.1m
of which Stocks: -€2.4m
- Receivables after one year +€1.4m
up €1.4m (+64.0%), from €2.2m to €3.6m
of which Other amounts receivable: +€3.6m
- Deferred charges and accrued income +€443,801
up €443,801 (+42.3%), from €1.1m to €1.5m
- Receivables within one year +€409,661
up €409,661 (+12.3%), from €3.3m to €3.7m
of which Trade receivables: +€1.1m
Equity and liabilities
- Contributions +€1.8m
up €1.8m (+9677.4%), from €18,600 to €1.8m
- Accrued charges and deferred income -€1.6m
down €1.6m (-22.2%), from €7.1m to €5.5m
- Trade debts -€1.2m
down €1.2m (-28.7%), from €4.1m to €2.9m
- Debts after one year -€419,265
down €419,265 (-31.0%), from €1.4m to €934,212
- Tax, wage and social debts +€321,180
up €321,180 (+145.8%), from €220,306 to €541,486
of which Taxes: +€260,693
Income statement
- Gross operating margin +€1.5m
up €1.5m (+54.7%), from €2.7m to €4.2m
- Staff costs +€930,627
up €930,627 (+59.4%), from €1.6m to €2.5m
- Depreciation +€261,950
up €261,950 (+45.6%), from €573,830 to €835,780
- Financial charges +€82,390
up €82,390 (+94.3%), from €87,357 to €169,748
- Taxes +€47,211
up €47,211 (+47.6%), from €99,203 to €146,414
From the 2023 result to the 2024 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 2023
€62,132
Gross operating margin
+€1.5m
Staff costs
-€930,627
Depreciation
-€261,950
Other operating charges
-€42,289
Other operating items
+€5,991
Financial charges
-€82,390
Taxes
-€47,211
Result 2024
€174,570
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€82,646
Investment
-€877,294
Financing
+€978,810
Cash 2023
€1,218
From operations (derived)
-€82,646
Net result for the year
+€174,570
Depreciation
+€835,780
Receivables after one year
-€1.4m
Stocks and contracts
+€3.6m
Receivables within one year
-€409,661
Deferred charges and accrued income
-€443,801
Trade debts
-€1.2m
Tax, wage and social debts
+€321,180
Other debts
+€33,712
Accrued charges and deferred income
-€1.6m
Investment (derived)
-€877,294
Investment in fixed assets (net)
-€882,294
Current investments
+€5,000
Financing
+€978,810
Debts after one year
-€419,265
Current portion of long-term debt
-€47,366
Short-term financial debts
+€88,793
Contributions, distributions and other
+€1.4m
Cash 2024
€20,089
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,198,572 | €12,936,792 | -€1.3m | -8.9% |
| Formation expenses | 20 | €58,159 | €44,817 | -€13,343 | -22.9% |
| Fixed assets | 21/28 | €2,877,895 | €2,937,752 | +€59,857 | +2.1% |
| Intangible fixed assets | 21 | €74,122 | €58,063 | -€16,059 | -21.7% |
| Tangible fixed assets | 22/27 | €2,699,379 | €2,784,464 | +€85,085 | +3.2% |
| Plant, machinery and equipment | 23 | €462,540 | €907,403 | +€444,863 | +96.2% |
| Furniture and vehicles | 24 | €460,020 | €424,561 | -€35,459 | -7.7% |
| Leasing and similar rights | 25 | €1,750,033 | €1,352,347 | -€397,686 | -22.7% |
| Other tangible fixed assets | 26 | €26,786 | €100,152 | +€73,367 | +273.9% |
| Financial fixed assets | 28 | €104,394 | €95,225 | -€9,169 | -8.8% |
| Current assets | 29/58 | €11,262,517 | €9,954,224 | -€1.3m | -11.6% |
| Amounts receivable after more than one year | 29 | €2,169,102 | €3,558,205 | +€1.4m | +64.0% |
| Trade receivables | 290 | €2,169,102 | - | -€2.2m | |
| Other amounts receivable | 291 | - | €3,558,205 | +€3.6m | |
| Stocks and contracts in progress | 3 | €4,697,471 | €1,132,742 | -€3.6m | -75.9% |
| Stocks | 30/36 | €2,394,973 | - | -€2.4m | |
| Contracts in progress | 37 | €2,302,498 | €1,132,742 | -€1.2m | -50.8% |
| Amounts receivable within one year | 40/41 | €3,339,654 | €3,749,315 | +€409,661 | +12.3% |
| Trade receivables | 40 | €1,732,832 | €2,836,643 | +€1.1m | +63.7% |
| Other amounts receivable | 41 | €1,606,822 | €912,672 | -€694,149 | -43.2% |
| Current investments | 50/53 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €1,218 | €20,089 | +€18,871 | +1549.4% |
| Deferred charges and accrued income | 490/1 | €1,050,072 | €1,493,872 | +€443,801 | +42.3% |
| Total equity and liabilities | 10/49 | €14,198,572 | €12,936,792 | -€1.3m | -8.9% |
| Equity | 10/15 | €841,946 | €2,373,165 | +€1.5m | +181.9% |
| Contributions | 10/11 | €18,600 | €1,818,600 | +€1.8m | +9677.4% |
| Reserves | 13 | €108,656 | €108,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €108,656 | €108,656 | = | 0.0% |
| Reserves not available under the articles | 1311 | €108,656 | €108,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | €714,690 | €445,909 | -€268,782 | -37.6% |
| Amounts payable | 17/49 | €13,356,625 | €10,563,627 | -€2.8m | -20.9% |
| Amounts payable after more than one year | 17 | €1,353,477 | €934,212 | -€419,265 | -31.0% |
| Financial debts | 170/4 | €1,353,477 | €934,212 | -€419,265 | -31.0% |
| Amounts payable within one year | 42/48 | €4,866,037 | €4,079,805 | -€786,231 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €485,663 | €438,297 | -€47,366 | -9.8% |
| Financial debts | 43 | €42,829 | €131,622 | +€88,793 | +207.3% |
| Credit institutions | 430/8 | €42,829 | €131,622 | +€88,793 | +207.3% |
| Trade debts | 44 | €4,117,238 | €2,934,688 | -€1.2m | -28.7% |
| Suppliers | 440/4 | €4,117,238 | €2,934,688 | -€1.2m | -28.7% |
| Taxes, remuneration and social security | 45 | €220,306 | €541,486 | +€321,180 | +145.8% |
| Taxes | 450/3 | €70,268 | €330,961 | +€260,693 | +371.0% |
| Remuneration and social security | 454/9 | €150,038 | €210,525 | +€60,487 | +40.3% |
| Other amounts payable | 47/48 | - | €33,712 | +€33,712 | |
| Accrued charges and deferred income | 492/3 | €7,137,112 | €5,549,610 | -€1.6m | -22.2% |
| Non-recurring operating income | 76A | - | €47,628 | +€47,628 | |
| Remuneration, social security and pensions | 62 | €1,565,671 | €2,496,298 | +€930,627 | +59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573,830 | €835,780 | +€261,950 | +45.6% |
| Other operating charges | 640/8 | €288,099 | €330,388 | +€42,289 | +14.7% |
| Non-recurring operating charges | 66A | €11,975 | €5,985 | -€5,991 | -50.0% |
| Gross operating margin | 9900 | €2,688,266 | €4,159,182 | +€1.5m | +54.7% |
| Operating profit (loss) | 9901 | €248,692 | €490,731 | +€242,039 | +97.3% |
| Financial charges | 65/66B | €87,357 | €169,748 | +€82,390 | +94.3% |
| Recurring financial charges | 65 | €87,357 | €169,748 | +€82,390 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | €161,334 | €320,984 | +€159,649 | +99.0% |
| Income taxes | 67/77 | €99,203 | €146,414 | +€47,211 | +47.6% |
| Profit (loss) for the period | 9904 | €62,132 | €174,570 | +€112,439 | +181.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,132 | €174,570 | +€112,439 | +181.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.