CRASH GLASS: what changed
CRASH GLASS
Largest movements
- Tangible fixed assets -€23,114
down €23,114 (-9.7%), from €237,632 to €214,518
of which Land and buildings: -€11,900
- Cash +€13,895
up €13,895 (+26.6%), from €52,236 to €66,131
mainly Net result for the year (+€25,660) and Depreciation (+€19,043)
- Debts after one year -€29,540
down €29,540 (-11.8%), from €249,806 to €220,266
- Profit (loss) carried forward +€25,660
up €25,660 (+41.3%), from -€62,109 to -€36,449
- Trade debts -€9,277
down €9,277 (-32.5%), from €28,536 to €19,259
- Tax, wage and social debts +€7,896
up €7,896 (+682%), from €1,157 to €9,053
of which Taxes: +€5,241
- Current portion of long-term debt -€3,650
down €3,650 (-18.8%), from €19,393 to €15,743
- Gross operating margin +€43,154
up €43,154 (+31.3%), from €137,862 to €181,016
- Staff costs +€23,672
up €23,672 (+25.7%), from €92,232 to €115,904
- Other operating charges +€3,213
up €3,213 (+63.1%), from €5,089 to €8,302
- Financial charges -€2,299
down €2,299 (-16.0%), from €14,407 to €12,109
of which Non-recurring financial charges: -€1,154
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,283 | €289,372 | -€8,911 | -3.0% |
| Fixed assets | 21/28 | €237,995 | €214,881 | -€23,114 | -9.7% |
| Tangible fixed assets | 22/27 | €237,632 | €214,518 | -€23,114 | -9.7% |
| Land and buildings | 22 | €202,046 | €190,146 | -€11,900 | -5.9% |
| Plant, machinery and equipment | 23 | €18,036 | €18,618 | +€582 | +3.2% |
| Furniture and vehicles | 24 | €17,549 | €5,753 | -€11,796 | -67.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €60,288 | €74,491 | +€14,203 | +23.6% |
| Stocks and contracts in progress | 3 | €5,219 | €4,963 | -€256 | -4.9% |
| Stocks | 30/36 | €5,219 | €4,963 | -€256 | -4.9% |
| Amounts receivable within one year | 40/41 | €2,832 | €3,397 | +€564 | +19.9% |
| Trade receivables | 40 | €2,832 | €3,397 | +€564 | +19.9% |
| Cash at bank and in hand | 54/58 | €52,236 | €66,131 | +€13,895 | +26.6% |
| Total equity and liabilities | 10/49 | €298,283 | €289,372 | -€8,911 | -3.0% |
| Equity | 10/15 | -€609 | €25,051 | +€25,660 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,109 | -€36,449 | +€25,660 | +41.3% |
| Amounts payable | 17/49 | €298,892 | €264,321 | -€34,571 | -11.6% |
| Amounts payable after more than one year | 17 | €249,806 | €220,266 | -€29,540 | -11.8% |
| Financial debts | 170/4 | €249,806 | €220,266 | -€29,540 | -11.8% |
| Amounts payable within one year | 42/48 | €49,087 | €44,055 | -€5,031 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €19,393 | €15,743 | -€3,650 | -18.8% |
| Trade debts | 44 | €28,536 | €19,259 | -€9,277 | -32.5% |
| Suppliers | 440/4 | €28,536 | €19,259 | -€9,277 | -32.5% |
| Taxes, remuneration and social security | 45 | €1,157 | €9,053 | +€7,896 | +682% |
| Taxes | 450/3 | €125 | €5,366 | +€5,241 | +4,189% |
| Remuneration and social security | 454/9 | €1,032 | €3,687 | +€2,655 | +257% |
| Remuneration, social security and pensions | 62 | €92,232 | €115,904 | +€23,672 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,474 | €19,043 | +€569 | +3.1% |
| Other operating charges | 640/8 | €5,089 | €8,302 | +€3,213 | +63.1% |
| Gross operating margin | 9900 | €137,862 | €181,016 | +€43,154 | +31.3% |
| Operating profit (loss) | 9901 | €22,069 | €37,768 | +€15,699 | +71.1% |
| Financial income | 75/76B | €5 | €1 | -€3 | -73.8% |
| Recurring financial income | 75 | €5 | €1 | -€3 | -73.8% |
| Financial charges | 65/66B | €14,407 | €12,109 | -€2,299 | -16.0% |
| Recurring financial charges | 65 | €13,254 | €12,109 | -€1,145 | -8.6% |
| Non-recurring financial charges | 66B | €1,154 | €0 | -€1,154 | -100% |
| Profit (loss) for the period before taxes | 9903 | €7,666 | €25,660 | +€17,994 | +235% |
| Profit (loss) for the period | 9904 | €7,666 | €25,660 | +€17,994 | +235% |
| Profit (loss) for the period to be appropriated | 9905 | €7,666 | €25,660 | +€17,994 | +235% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.