CrewPower: 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.
CrewPower
Largest movements
- Cash +€176,523
up €176,523 (+1,329%), from €13,285 to €189,807
mainly Current investments (+€160,185) and Net result for the year (+€29,634)
- Current investments -€160,185
down €160,185 (-100%), from €160,185 to €0
- Tangible fixed assets -€16,091
down €16,091 (-26.0%), from €61,982 to €45,891
of which Furniture and vehicles: -€15,363
- Receivables within one year -€4,409
down €4,409 (-11.1%), from €39,598 to €35,189
of which Trade receivables: -€7,657
- Other debts -€33,368
down €33,368 (-89.5%), from €37,303 to €3,935
- Reserves +€29,634
up €29,634 (+14.7%), from €201,844 to €231,478
of which Distributable reserves: +€29,634
- Gross operating margin -€10,943
down €10,943 (-15.4%), from €71,227 to €60,284
- Taxes -€5,789
down €5,789 (-32.5%), from €17,830 to €12,041
- Depreciation -€1,063
down €1,063 (-5.5%), from €19,467 to €18,404
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 | €278,112 | €272,025 | -€6,087 | -2.2% |
| Fixed assets | 21/28 | €61,982 | €45,891 | -€16,091 | -26.0% |
| Tangible fixed assets | 22/27 | €61,982 | €45,891 | -€16,091 | -26.0% |
| Plant, machinery and equipment | 23 | €1,515 | €787 | -€727 | -48.0% |
| Furniture and vehicles | 24 | €60,467 | €45,104 | -€15,363 | -25.4% |
| Current assets | 29/58 | €216,130 | €226,134 | +€10,004 | +4.6% |
| Amounts receivable within one year | 40/41 | €39,598 | €35,189 | -€4,409 | -11.1% |
| Trade receivables | 40 | €37,598 | €29,942 | -€7,657 | -20.4% |
| Other amounts receivable | 41 | €2,000 | €5,248 | +€3,248 | +162% |
| Current investments | 50/53 | €160,185 | €0 | -€160,185 | -100% |
| Cash at bank and in hand | 54/58 | €13,285 | €189,807 | +€176,523 | +1,329% |
| Deferred charges and accrued income | 490/1 | €3,062 | €1,137 | -€1,926 | -62.9% |
| Total equity and liabilities | 10/49 | €278,112 | €272,025 | -€6,087 | -2.2% |
| Equity | 10/15 | €220,444 | €250,078 | +€29,634 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,844 | €231,478 | +€29,634 | +14.7% |
| Tax-exempt reserves | 132 | €66 | €66 | = | 0.0% |
| Distributable reserves | 133 | €201,778 | €231,412 | +€29,634 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,668 | €21,947 | -€35,721 | -61.9% |
| Amounts payable after more than one year | 17 | €12,000 | €12,000 | = | 0.0% |
| Financial debts | 170/4 | - | €12,000 | +€12,000 | |
| Other amounts payable | 178/9 | €12,000 | €0 | -€12,000 | -100% |
| Amounts payable within one year | 42/48 | €45,668 | €9,947 | -€35,721 | -78.2% |
| Financial debts | 43 | €33 | €92 | +€59 | +178% |
| Credit institutions | 430/8 | €33 | €0 | -€33 | -100% |
| Other loans | 439 | - | €92 | +€92 | |
| Trade debts | 44 | €1,556 | €0 | -€1,556 | -100% |
| Suppliers | 440/4 | €1,556 | €0 | -€1,556 | -100% |
| Taxes, remuneration and social security | 45 | €6,776 | €5,919 | -€857 | -12.6% |
| Taxes | 450/3 | €5,476 | €2,869 | -€2,607 | -47.6% |
| Remuneration and social security | 454/9 | €1,300 | €3,050 | +€1,750 | +135% |
| Other amounts payable | 47/48 | €37,303 | €3,935 | -€33,368 | -89.5% |
| Non-recurring operating income | 76A | €0 | €6,983 | +€6,983 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,467 | €18,404 | -€1,063 | -5.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €71,227 | €60,284 | -€10,943 | -15.4% |
| Operating profit (loss) | 9901 | €51,373 | €41,480 | -€9,893 | -19.3% |
| Financial income | 75/76B | €531 | €961 | +€430 | +81.1% |
| Recurring financial income | 75 | €531 | €961 | +€430 | +81.1% |
| Financial charges | 65/66B | €1,067 | €766 | -€301 | -28.2% |
| Recurring financial charges | 65 | €1,067 | €766 | -€301 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €50,836 | €41,675 | -€9,162 | -18.0% |
| Income taxes | 67/77 | €17,830 | €12,041 | -€5,789 | -32.5% |
| Profit (loss) for the period | 9904 | €33,006 | €29,634 | -€3,372 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,006 | €29,634 | -€3,372 | -10.2% |
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 24 October 2026 via checked.be.