Crew Up: 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.
Crew Up
Largest movements
- Receivables within one year +€119,133
up €119,133 (+9.9%), from €1.2m to €1.3m
of which Trade receivables: +€129,182
- Cash -€18,985
down €18,985 (-47.9%), from €39,655 to €20,670
mainly Receivables within one year (-€119,133) and Contributions, distributions and other (-€45,000)
- Reserves +€45,481
up €45,481 (+32.2%), from €141,202 to €186,683
of which Distributable reserves: +€45,481
- Other debts +€45,000
new in 2025: €45,000
- Tax, wage and social debts +€14,705
up €14,705 (+430.8%), from €3,413 to €18,118
- Gross operating margin +€97,329
up €97,329 (+1324.9%), from €7,346 to €104,675
- Taxes +€11,031
up €11,031 (+199.4%), from €5,532 to €16,563
- Financial income -€4,537
down €4,537 (-43.3%), from €10,478 to €5,941
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 | €1,241,241 | €1,339,901 | +€98,661 | +7.9% |
| Fixed assets | 21/28 | €2,433 | €945 | -€1,488 | -61.2% |
| Intangible fixed assets | 21 | €2,433 | €945 | -€1,488 | -61.2% |
| Current assets | 29/58 | €1,238,808 | €1,338,957 | +€100,148 | +8.1% |
| Amounts receivable within one year | 40/41 | €1,199,154 | €1,318,287 | +€119,133 | +9.9% |
| Trade receivables | 40 | €924,292 | €1,053,474 | +€129,182 | +14.0% |
| Other amounts receivable | 41 | €274,862 | €264,813 | -€10,049 | -3.7% |
| Cash at bank and in hand | 54/58 | €39,655 | €20,670 | -€18,985 | -47.9% |
| Total equity and liabilities | 10/49 | €1,241,241 | €1,339,901 | +€98,661 | +7.9% |
| Equity | 10/15 | €203,202 | €248,683 | +€45,481 | +22.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €141,202 | €186,683 | +€45,481 | +32.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €135,002 | €180,483 | +€45,481 | +33.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,038,039 | €1,091,218 | +€53,180 | +5.1% |
| Amounts payable within one year | 42/48 | €1,038,039 | €1,091,218 | +€53,180 | +5.1% |
| Trade debts | 44 | €1,034,625 | €1,028,100 | -€6,525 | -0.6% |
| Suppliers | 440/4 | €1,034,625 | €1,028,100 | -€6,525 | -0.6% |
| Taxes, remuneration and social security | 45 | €3,413 | €18,118 | +€14,705 | +430.8% |
| Taxes | 450/3 | €3,413 | €18,118 | +€14,705 | +430.8% |
| Other amounts payable | 47/48 | - | €45,000 | +€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,488 | -€12 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,488 | €1,461 | -€1,028 | -41.3% |
| Gross operating margin | 9900 | €7,346 | €104,675 | +€97,329 | +1324.9% |
| Operating profit (loss) | 9901 | €3,358 | €101,727 | +€98,369 | +2929.4% |
| Financial income | 75/76B | €10,478 | €5,941 | -€4,537 | -43.3% |
| Recurring financial income | 75 | €10,478 | €5,941 | -€4,537 | -43.3% |
| Financial charges | 65/66B | €850 | €624 | -€226 | -26.6% |
| Recurring financial charges | 65 | €850 | €624 | -€226 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €12,986 | €107,044 | +€94,058 | +724.3% |
| Income taxes | 67/77 | €5,532 | €16,563 | +€11,031 | +199.4% |
| Profit (loss) for the period | 9904 | €7,454 | €90,481 | +€83,027 | +1113.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,454 | €90,481 | +€83,027 | +1113.8% |
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 29 September 2026 via checked.be.