CRAYNWINKEL: what changed
Two fiscal 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.
CRAYNWINKEL
Largest movements
- Stocks and contracts +€193,835
up €193,835 (+424.9%), from €45,620 to €239,455
- Receivables within one year -€168,475
down €168,475 (-22.7%), from €740,989 to €572,514
of which Trade receivables: -€90,349
- Tangible fixed assets -€62,239
down €62,239 (-6.2%), from €1.0m to €940,298
of which Land and buildings: -€43,579
- Other debts -€38,743
down €38,743 (-2.8%), from €1.4m to €1.4m
- Profit (loss) carried forward +€35,669
up €35,669 (+16.3%), from -€218,438 to -€182,769
- Debts after one year -€20,910
down €20,910 (-6.5%), from €320,837 to €299,927
- Turnover +€63,683
up €63,683 (+21.1%), from €302,361 to €366,044
- Gross operating margin +€49,295
up €49,295 (+31.6%), from €156,240 to €205,535
- Purchases and services +€14,388
up €14,388 (+9.8%), from €146,121 to €160,509
- Other operating charges +€12,243
up €12,243 (+105.5%), from €11,601 to €23,844
- Depreciation +€10,322
up €10,322 (+18.6%), from €55,637 to €65,959
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,789,146 | €1,754,930 | -€34,216 | -1.9% |
| Fixed assets | 21/28 | €1,002,537 | €940,298 | -€62,239 | -6.2% |
| Tangible fixed assets | 22/27 | €1,002,537 | €940,298 | -€62,239 | -6.2% |
| Land and buildings | 22 | €930,362 | €886,783 | -€43,579 | -4.7% |
| Plant, machinery and equipment | 23 | €59,556 | €53,515 | -€6,041 | -10.1% |
| Furniture and vehicles | 24 | €12,619 | - | -€12,619 | |
| Current assets | 29/58 | €786,609 | €814,632 | +€28,023 | +3.6% |
| Stocks and contracts in progress | 3 | €45,620 | €239,455 | +€193,835 | +424.9% |
| Stocks | 30/36 | €45,620 | €239,455 | +€193,835 | +424.9% |
| Amounts receivable within one year | 40/41 | €740,989 | €572,514 | -€168,475 | -22.7% |
| Trade receivables | 40 | €416,641 | €326,292 | -€90,349 | -21.7% |
| Other amounts receivable | 41 | €324,348 | €246,222 | -€78,126 | -24.1% |
| Cash at bank and in hand | 54/58 | - | €2,663 | +€2,663 | |
| Total equity and liabilities | 10/49 | €1,789,146 | €1,754,930 | -€34,216 | -1.9% |
| Equity | 10/15 | -€26,306 | €9,363 | +€35,669 | |
| Contributions | 10/11 | €176,000 | €176,000 | = | 0.0% |
| Capital | 10 | €176,000 | €176,000 | = | 0.0% |
| Issued capital | 100 | €176,000 | €176,000 | = | 0.0% |
| Reserves | 13 | €16,132 | €16,132 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,132 | €16,132 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,438 | -€182,769 | +€35,669 | +16.3% |
| Amounts payable | 17/49 | €1,815,452 | €1,745,567 | -€69,885 | -3.8% |
| Amounts payable after more than one year | 17 | €320,837 | €299,927 | -€20,910 | -6.5% |
| Financial debts | 170/4 | €320,837 | €299,927 | -€20,910 | -6.5% |
| Amounts payable within one year | 42/48 | €1,494,615 | €1,445,640 | -€48,975 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €34,947 | €29,801 | -€5,146 | -14.7% |
| Trade debts | 44 | €16,688 | €26,518 | +€9,830 | +58.9% |
| Suppliers | 440/4 | €16,688 | €26,518 | +€9,830 | +58.9% |
| Taxes, remuneration and social security | 45 | €38,996 | €24,080 | -€14,916 | -38.3% |
| Taxes | 450/3 | €33,087 | €18,112 | -€14,975 | -45.3% |
| Remuneration and social security | 454/9 | €5,909 | €5,968 | +€59 | +1.0% |
| Other amounts payable | 47/48 | €1,403,984 | €1,365,241 | -€38,743 | -2.8% |
| Turnover | 70 | €302,361 | €366,044 | +€63,683 | +21.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €146,121 | €160,509 | +€14,388 | +9.8% |
| Remuneration, social security and pensions | 62 | €62,980 | €61,586 | -€1,394 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,637 | €65,959 | +€10,322 | +18.6% |
| Other operating charges | 640/8 | €11,601 | €23,844 | +€12,243 | +105.5% |
| Gross operating margin | 9900 | €156,240 | €205,535 | +€49,295 | +31.6% |
| Operating profit (loss) | 9901 | €26,022 | €54,146 | +€28,124 | +108.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €14,167 | €18,479 | +€4,312 | +30.4% |
| Recurring financial charges | 65 | €14,167 | €18,479 | +€4,312 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €11,855 | €35,669 | +€23,814 | +200.9% |
| Profit (loss) for the period | 9904 | €11,855 | €35,669 | +€23,814 | +200.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,855 | €35,669 | +€23,814 | +200.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.