CRAPS-DE NEEF: 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.
CRAPS-DE NEEF
Largest movements
- Cash +€64,428
up €64,428 (+19.6%), from €329,299 to €393,727
mainly Net result for the year (+€160,877) and Other debts (+€86,189)
- Tangible fixed assets +€39,192
up €39,192 (+3.3%), from €1.2m to €1.2m
of which Land and buildings: +€33,295
- Other debts +€86,189
up €86,189 (+38.2%), from €225,374 to €311,563
- Reserves +€68,840
up €68,840 (+9.3%), from €744,149 to €812,989
of which Distributable reserves: +€68,840
- Debts after one year -€35,869
down €35,869 (-25.7%), from €139,552 to €103,683
- Gross operating margin +€76,543
up €76,543 (+19.8%), from €387,528 to €464,071
- Taxes +€20,027
up €20,027 (+35.2%), from €56,877 to €76,904
- Staff costs +€9,183
up €9,183 (+6.6%), from €138,168 to €147,351
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 | €1,544,346 | €1,647,677 | +€103,331 | +6.7% |
| Fixed assets | 21/28 | €1,210,922 | €1,249,825 | +€38,903 | +3.2% |
| Intangible fixed assets | 21 | €1,615 | €1,326 | -€289 | -17.9% |
| Tangible fixed assets | 22/27 | €1,204,611 | €1,243,803 | +€39,192 | +3.3% |
| Land and buildings | 22 | €1,175,420 | €1,208,715 | +€33,295 | +2.8% |
| Plant, machinery and equipment | 23 | €19,268 | €24,900 | +€5,632 | +29.2% |
| Furniture and vehicles | 24 | €9,923 | €10,188 | +€265 | +2.7% |
| Financial fixed assets | 28 | €4,696 | €4,696 | = | 0.0% |
| Current assets | 29/58 | €333,424 | €397,852 | +€64,428 | +19.3% |
| Current investments | 50/53 | €4,125 | €4,125 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €329,299 | €393,727 | +€64,428 | +19.6% |
| Total equity and liabilities | 10/49 | €1,544,346 | €1,647,677 | +€103,331 | +6.7% |
| Equity | 10/15 | €873,225 | €942,065 | +€68,840 | +7.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €744,149 | €812,989 | +€68,840 | +9.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €742,290 | €811,130 | +€68,840 | +9.3% |
| Profit (loss) carried forward | 14 | €122,879 | €122,879 | = | 0.0% |
| Amounts payable | 17/49 | €671,121 | €705,612 | +€34,491 | +5.1% |
| Amounts payable after more than one year | 17 | €139,552 | €103,683 | -€35,869 | -25.7% |
| Financial debts | 170/4 | €139,552 | €103,683 | -€35,869 | -25.7% |
| Amounts payable within one year | 42/48 | €531,569 | €601,929 | +€70,360 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €35,210 | €35,769 | +€559 | +1.6% |
| Trade debts | 44 | €232,896 | €224,093 | -€8,803 | -3.8% |
| Suppliers | 440/4 | €232,896 | €224,093 | -€8,803 | -3.8% |
| Taxes, remuneration and social security | 45 | €38,089 | €30,504 | -€7,585 | -19.9% |
| Taxes | 450/3 | €29,476 | €21,891 | -€7,585 | -25.7% |
| Remuneration and social security | 454/9 | €8,613 | €8,613 | = | 0.0% |
| Other amounts payable | 47/48 | €225,374 | €311,563 | +€86,189 | +38.2% |
| Remuneration, social security and pensions | 62 | €138,168 | €147,351 | +€9,183 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,022 | €63,173 | +€4,151 | +7.0% |
| Other operating charges | 640/8 | €1,214 | €3,496 | +€2,282 | +188% |
| Gross operating margin | 9900 | €387,528 | €464,071 | +€76,543 | +19.8% |
| Operating profit (loss) | 9901 | €189,124 | €250,051 | +€60,927 | +32.2% |
| Financial income | 75/76B | €71 | €9 | -€62 | -87.3% |
| Recurring financial income | 75 | €71 | €9 | -€62 | -87.3% |
| Financial charges | 65/66B | €11,565 | €12,279 | +€714 | +6.2% |
| Recurring financial charges | 65 | €11,565 | €12,279 | +€714 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €177,630 | €237,781 | +€60,151 | +33.9% |
| Income taxes | 67/77 | €56,877 | €76,904 | +€20,027 | +35.2% |
| Profit (loss) for the period | 9904 | €120,753 | €160,877 | +€40,124 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,753 | €160,877 | +€40,124 | +33.2% |
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 15 October 2026 via checked.be.