CRAYWINCKELHOF: 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.
CRAYWINCKELHOF
Largest movements
- Tangible fixed assets -€35,169
down €35,169 (-6.3%), from €561,275 to €526,106
of which Land and buildings: -€28,237
- Receivables within one year +€12,100
up €12,100 (+25.0%), from €48,400 to €60,500
of which Trade receivables: +€12,100
- Other debts +€479,548
up €479,548 (+190%), from €252,111 to €731,659
- Short-term financial debts -€476,966
down €476,966 (-98.9%), from €482,045 to €5,079
- Profit (loss) carried forward -€22,577
down €22,577 (-2.7%), from -€832,768 to -€855,345
- Debts after one year -€20,391
down €20,391 (-13.2%), from €154,392 to €134,001
of which Financial debts: -€20,391
- Trade debts +€8,190
up €8,190 (+38.5%), from €21,267 to €29,457
- Financial charges -€21,438
down €21,438 (-37.1%), from €57,839 to €36,401
- Gross operating margin +€8,035
up €8,035 (+16.9%), from €47,511 to €55,546
- Other operating charges -€6,110
down €6,110 (-46.0%), from €13,295 to €7,185
- Depreciation -€1,627
down €1,627 (-4.4%), from €36,796 to €35,169
- Financial income +€632
up €632, from €0 to €632
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 | €615,771 | €592,666 | -€23,105 | -3.8% |
| Fixed assets | 21/28 | €567,327 | €532,158 | -€35,169 | -6.2% |
| Tangible fixed assets | 22/27 | €561,275 | €526,106 | -€35,169 | -6.3% |
| Land and buildings | 22 | €542,179 | €513,943 | -€28,237 | -5.2% |
| Plant, machinery and equipment | 23 | €18,728 | €12,065 | -€6,662 | -35.6% |
| Furniture and vehicles | 24 | €368 | €98 | -€270 | -73.4% |
| Financial fixed assets | 28 | €6,052 | €6,052 | = | 0.0% |
| Current assets | 29/58 | €48,444 | €60,508 | +€12,064 | +24.9% |
| Amounts receivable within one year | 40/41 | €48,400 | €60,500 | +€12,100 | +25.0% |
| Trade receivables | 40 | €48,400 | €60,500 | +€12,100 | +25.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44 | €8 | -€36 | -82.6% |
| Total equity and liabilities | 10/49 | €615,771 | €592,666 | -€23,105 | -3.8% |
| Equity | 10/15 | -€312,768 | -€335,345 | -€22,577 | -7.2% |
| Contributions | 10/11 | €520,000 | €520,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€832,768 | -€855,345 | -€22,577 | -2.7% |
| Amounts payable | 17/49 | €928,538 | €928,011 | -€528 | -0.1% |
| Amounts payable after more than one year | 17 | €154,392 | €134,001 | -€20,391 | -13.2% |
| Financial debts | 170/4 | €54,392 | €34,001 | -€20,391 | -37.5% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €773,037 | €792,900 | +€19,863 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €13,084 | €20,391 | +€7,307 | +55.9% |
| Financial debts | 43 | €482,045 | €5,079 | -€476,966 | -98.9% |
| Credit institutions | 430/8 | €482,045 | €5,079 | -€476,966 | -98.9% |
| Trade debts | 44 | €21,267 | €29,457 | +€8,190 | +38.5% |
| Suppliers | 440/4 | €21,267 | €29,457 | +€8,190 | +38.5% |
| Taxes, remuneration and social security | 45 | €4,530 | €6,314 | +€1,784 | +39.4% |
| Taxes | 450/3 | €4,530 | €6,314 | +€1,784 | +39.4% |
| Other amounts payable | 47/48 | €252,111 | €731,659 | +€479,548 | +190% |
| Accrued charges and deferred income | 492/3 | €1,110 | €1,110 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,796 | €35,169 | -€1,627 | -4.4% |
| Other operating charges | 640/8 | €13,295 | €7,185 | -€6,110 | -46.0% |
| Gross operating margin | 9900 | €47,511 | €55,546 | +€8,035 | +16.9% |
| Operating profit (loss) | 9901 | -€2,580 | €13,192 | +€15,772 | |
| Financial income | 75/76B | €0 | €632 | +€632 | |
| Recurring financial income | 75 | €0 | €632 | +€632 | |
| Financial charges | 65/66B | €57,839 | €36,401 | -€21,438 | -37.1% |
| Recurring financial charges | 65 | €57,839 | €36,401 | -€21,438 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | -€60,418 | -€22,577 | +€37,841 | +62.6% |
| Profit (loss) for the period | 9904 | -€60,418 | -€22,577 | +€37,841 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,418 | -€22,577 | +€37,841 | +62.6% |
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 20 October 2026 via checked.be.