CRANES AND BORING: 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.
CRANES AND BORING
Largest movements
- Tangible fixed assets -€304,793
down €304,793 (-55.2%), from €552,413 to €247,619
of which Plant, machinery and equipment: -€279,816
- Current investments +€282,714
up €282,714 (+40.4%), from €699,104 to €981,817
- Receivables within one year -€100,669
down €100,669 (-71.5%), from €140,706 to €40,036
of which Trade receivables: -€112,100
- Profit (loss) carried forward -€909,511
down €909,511 (-72.4%), from €1.3m to €347,284
- Other debts +€808,877
up €808,877 (+6,587%), from €12,281 to €821,158
- Gross operating margin -€736,772
down €736,772 (-76.4%), from €964,336 to €227,564
- Taxes -€16,254
down €16,254 (-87.2%), from €18,638 to €2,383
- Depreciation +€9,643
up €9,643 (+3.3%), from €295,150 to €304,793
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.
Derived cash bridge
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 | €1,405,270 | €1,287,909 | -€117,361 | -8.4% |
| Fixed assets | 21/28 | €552,622 | €247,828 | -€304,793 | -55.2% |
| Tangible fixed assets | 22/27 | €552,413 | €247,619 | -€304,793 | -55.2% |
| Plant, machinery and equipment | 23 | €506,785 | €226,968 | -€279,816 | -55.2% |
| Furniture and vehicles | 24 | €45,628 | €20,651 | -€24,977 | -54.7% |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €852,649 | €1,040,081 | +€187,432 | +22.0% |
| Amounts receivable within one year | 40/41 | €140,706 | €40,036 | -€100,669 | -71.5% |
| Trade receivables | 40 | €112,100 | - | -€112,100 | |
| Other amounts receivable | 41 | €28,606 | €40,036 | +€11,431 | +40.0% |
| Current investments | 50/53 | €699,104 | €981,817 | +€282,714 | +40.4% |
| Cash at bank and in hand | 54/58 | €12,761 | €18,227 | +€5,467 | +42.8% |
| Deferred charges and accrued income | 490/1 | €79 | - | -€79 | |
| Total equity and liabilities | 10/49 | €1,405,270 | €1,287,909 | -€117,361 | -8.4% |
| Equity | 10/15 | €1,306,963 | €397,452 | -€909,511 | -69.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €10,168 | €10,168 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €6,168 | €6,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,256,795 | €347,284 | -€909,511 | -72.4% |
| Amounts payable | 17/49 | €98,307 | €890,457 | +€792,150 | +806% |
| Amounts payable within one year | 42/48 | €98,307 | €890,457 | +€792,150 | +806% |
| Trade debts | 44 | €54,656 | €49,471 | -€5,185 | -9.5% |
| Suppliers | 440/4 | €54,656 | €49,471 | -€5,185 | -9.5% |
| Taxes, remuneration and social security | 45 | €31,371 | €19,828 | -€11,543 | -36.8% |
| Taxes | 450/3 | €29,594 | €17,198 | -€12,396 | -41.9% |
| Remuneration and social security | 454/9 | €1,777 | €2,630 | +€853 | +48.0% |
| Other amounts payable | 47/48 | €12,281 | €821,158 | +€808,877 | +6,587% |
| Remuneration, social security and pensions | 62 | €28,633 | €35,342 | +€6,709 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295,150 | €304,793 | +€9,643 | +3.3% |
| Other operating charges | 640/8 | €1,042 | €1,076 | +€34 | +3.3% |
| Non-recurring operating charges | 66A | €343,683 | - | -€343,683 | |
| Gross operating margin | 9900 | €964,336 | €227,564 | -€736,772 | -76.4% |
| Operating profit (loss) | 9901 | €295,828 | -€113,647 | -€409,475 | |
| Financial income | 75/76B | €4,376 | €6,734 | +€2,358 | +53.9% |
| Recurring financial income | 75 | €4,376 | €6,734 | +€2,358 | +53.9% |
| Financial charges | 65/66B | €3,938 | €214 | -€3,724 | -94.6% |
| Recurring financial charges | 65 | €3,938 | €214 | -€3,724 | -94.6% |
| Profit (loss) for the period before taxes | 9903 | €296,265 | -€107,128 | -€403,393 | |
| Income taxes | 67/77 | €18,638 | €2,383 | -€16,254 | -87.2% |
| Profit (loss) for the period | 9904 | €277,628 | -€109,511 | -€387,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €277,628 | -€109,511 | -€387,139 |
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 30 October 2026 via checked.be.