CRÊP'EAT: 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.
CRÊP'EAT
Largest movements
- Receivables within one year +€93,443
up €93,443 (+219%), from €42,724 to €136,167
of which Trade receivables: +€58,419
- Tangible fixed assets -€25,638
down €25,638 (-5.9%), from €435,987 to €410,350
of which Land and buildings: -€17,800
- Cash -€16,249
down €16,249 (-26.6%), from €61,140 to €44,890
mainly Receivables within one year (-€93,443) and Stocks and contracts (-€14,520)
- Stocks and contracts +€14,520
up €14,520 (+291%), from €4,986 to €19,506
- Profit (loss) carried forward +€25,939
up €25,939 (+31.2%), from €83,204 to €109,143
- Trade debts +€25,109
up €25,109 (+65.4%), from €38,418 to €63,527
- Tax, wage and social debts +€24,512
up €24,512 (+71.3%), from €34,377 to €58,889
of which Taxes: +€27,480
- Debts after one year -€9,847
down €9,847 (-2.7%), from €361,180 to €351,334
- Gross operating margin -€49,640
down €49,640 (-21.9%), from €226,304 to €176,664
- Taxes -€15,511
down €15,511 (-60.8%), from €25,523 to €10,012
- Staff costs -€4,980
down €4,980 (-5.9%), from €84,767 to €79,787
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 | €544,837 | €611,339 | +€66,503 | +12.2% |
| Fixed assets | 21/28 | €435,987 | €410,350 | -€25,638 | -5.9% |
| Tangible fixed assets | 22/27 | €435,987 | €410,350 | -€25,638 | -5.9% |
| Land and buildings | 22 | €411,497 | €393,697 | -€17,800 | -4.3% |
| Plant, machinery and equipment | 23 | €15,432 | €10,218 | -€5,214 | -33.8% |
| Furniture and vehicles | 24 | €298 | €115 | -€183 | -61.4% |
| Leasing and similar rights | 25 | €2,879 | €2,233 | -€647 | -22.5% |
| Other tangible fixed assets | 26 | €5,880 | €4,086 | -€1,794 | -30.5% |
| Current assets | 29/58 | €108,849 | €200,990 | +€92,140 | +84.6% |
| Stocks and contracts in progress | 3 | €4,986 | €19,506 | +€14,520 | +291% |
| Stocks | 30/36 | €4,986 | €19,506 | +€14,520 | +291% |
| Amounts receivable within one year | 40/41 | €42,724 | €136,167 | +€93,443 | +219% |
| Trade receivables | 40 | €1,667 | €60,086 | +€58,419 | +3,503% |
| Other amounts receivable | 41 | €41,056 | €76,080 | +€35,024 | +85.3% |
| Cash at bank and in hand | 54/58 | €61,140 | €44,890 | -€16,249 | -26.6% |
| Deferred charges and accrued income | 490/1 | - | €427 | +€427 | |
| Total equity and liabilities | 10/49 | €544,837 | €611,339 | +€66,503 | +12.2% |
| Equity | 10/15 | €101,804 | €127,743 | +€25,939 | +25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,204 | €109,143 | +€25,939 | +31.2% |
| Amounts payable | 17/49 | €443,033 | €483,596 | +€40,564 | +9.2% |
| Amounts payable after more than one year | 17 | €361,180 | €351,334 | -€9,847 | -2.7% |
| Financial debts | 170/4 | €361,180 | €351,334 | -€9,847 | -2.7% |
| Amounts payable within one year | 42/48 | €81,852 | €132,263 | +€50,410 | +61.6% |
| Current portion of amounts payable after more than one year | 42 | €9,058 | €9,847 | +€789 | +8.7% |
| Trade debts | 44 | €38,418 | €63,527 | +€25,109 | +65.4% |
| Suppliers | 440/4 | €38,418 | €63,527 | +€25,109 | +65.4% |
| Taxes, remuneration and social security | 45 | €34,377 | €58,889 | +€24,512 | +71.3% |
| Taxes | 450/3 | €26,284 | €53,764 | +€27,480 | +105% |
| Remuneration and social security | 454/9 | €8,093 | €5,125 | -€2,968 | -36.7% |
| Non-recurring operating income | 76A | €1,730 | - | -€1,730 | |
| Remuneration, social security and pensions | 62 | €84,767 | €79,787 | -€4,980 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,101 | €26,238 | +€137 | +0.5% |
| Other operating charges | 640/8 | €5,454 | €4,677 | -€777 | -14.2% |
| Gross operating margin | 9900 | €226,304 | €176,664 | -€49,640 | -21.9% |
| Operating profit (loss) | 9901 | €109,981 | €65,962 | -€44,020 | -40.0% |
| Financial income | 75/76B | €1,351 | €2,963 | +€1,612 | +119% |
| Recurring financial income | 75 | €1,351 | €2,963 | +€1,612 | +119% |
| Financial charges | 65/66B | €32,787 | €32,973 | +€187 | +0.6% |
| Recurring financial charges | 65 | €32,787 | €32,973 | +€187 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €78,546 | €35,951 | -€42,594 | -54.2% |
| Income taxes | 67/77 | €25,523 | €10,012 | -€15,511 | -60.8% |
| Profit (loss) for the period | 9904 | €53,022 | €25,939 | -€27,083 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,022 | €25,939 | -€27,083 | -51.1% |
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.