CRIJNS PAUL: 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.
CRIJNS PAUL
Largest movements
- Cash -€296,596
down €296,596 (-42.6%), from €695,911 to €399,315
mainly Current investments (-€295,500) and Other debts (-€62,407)
- Current investments +€295,500
new in 2025: €295,500
- Tangible fixed assets +€24,495
up €24,495 (+3.7%), from €662,077 to €686,572
of which Plant, machinery and equipment: +€20,685
- Receivables after one year +€20,068
up €20,068 (+45.4%), from €44,200 to €64,268
- Reserves +€159,000
up €159,000 (+15.6%), from €1.0m to €1.2m
of which Distributable reserves: +€159,000
- Other debts -€62,407
down €62,407 (-64.4%), from €96,842 to €34,435
- Debts after one year -€20,000
down €20,000 (-75.0%), from €26,666 to €6,666
- Tax, wage and social debts -€19,446
down €19,446 (-32.3%), from €60,190 to €40,745
- Gross operating margin +€78,725
up €78,725 (+33.4%), from €236,009 to €314,734
- Taxes +€28,256
up €28,256 (+48.0%), from €58,891 to €87,147
- Financial income +€3,406
up €3,406 (+240%), from €1,418 to €4,824
- Other operating charges -€3,300
down €3,300 (-37.5%), from €8,800 to €5,500
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 | €1,623,318 | €1,679,514 | +€56,196 | +3.5% |
| Fixed assets | 21/28 | €814,399 | €838,894 | +€24,495 | +3.0% |
| Tangible fixed assets | 22/27 | €662,077 | €686,572 | +€24,495 | +3.7% |
| Land and buildings | 22 | €662,077 | €665,887 | +€3,810 | +0.6% |
| Plant, machinery and equipment | 23 | - | €20,685 | +€20,685 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €152,322 | €152,322 | = | 0.0% |
| Current assets | 29/58 | €808,919 | €840,620 | +€31,702 | +3.9% |
| Amounts receivable after more than one year | 29 | €44,200 | €64,268 | +€20,068 | +45.4% |
| Other amounts receivable | 291 | €44,200 | €64,268 | +€20,068 | +45.4% |
| Amounts receivable within one year | 40/41 | €61,745 | €78,320 | +€16,576 | +26.8% |
| Trade receivables | 40 | €61,745 | €65,260 | +€3,515 | +5.7% |
| Other amounts receivable | 41 | - | €13,061 | +€13,061 | |
| Current investments | 50/53 | - | €295,500 | +€295,500 | |
| Cash at bank and in hand | 54/58 | €695,911 | €399,315 | -€296,596 | -42.6% |
| Deferred charges and accrued income | 490/1 | €7,063 | €3,217 | -€3,847 | -54.5% |
| Total equity and liabilities | 10/49 | €1,623,318 | €1,679,514 | +€56,196 | +3.5% |
| Equity | 10/15 | €1,391,737 | €1,550,738 | +€159,001 | +11.4% |
| Contributions | 10/11 | €365,975 | €365,975 | = | 0.0% |
| Reserves | 13 | €1,021,737 | €1,180,737 | +€159,000 | +15.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €1,021,737 | €1,180,737 | +€159,000 | +15.6% |
| Profit (loss) carried forward | 14 | €4,026 | €4,027 | +€1 | 0.0% |
| Amounts payable | 17/49 | €231,580 | €128,776 | -€102,805 | -44.4% |
| Amounts payable after more than one year | 17 | €26,666 | €6,666 | -€20,000 | -75.0% |
| Financial debts | 170/4 | €26,666 | €6,666 | -€20,000 | -75.0% |
| Amounts payable within one year | 42/48 | €204,914 | €122,065 | -€82,849 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 43 | €15,363 | €14,324 | -€1,039 | -6.8% |
| Credit institutions | 430/8 | €15,363 | €14,324 | -€1,039 | -6.8% |
| Trade debts | 44 | €12,519 | €12,562 | +€43 | +0.3% |
| Suppliers | 440/4 | €12,519 | €12,562 | +€43 | +0.3% |
| Taxes, remuneration and social security | 45 | €60,190 | €40,745 | -€19,446 | -32.3% |
| Taxes | 450/3 | €60,190 | €40,745 | -€19,446 | -32.3% |
| Other amounts payable | 47/48 | €96,842 | €34,435 | -€62,407 | -64.4% |
| Accrued charges and deferred income | 492/3 | €0 | €45 | +€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,998 | €26,755 | -€2,243 | -7.7% |
| Other operating charges | 640/8 | €8,800 | €5,500 | -€3,300 | -37.5% |
| Gross operating margin | 9900 | €236,009 | €314,734 | +€78,725 | +33.4% |
| Operating profit (loss) | 9901 | €198,211 | €282,479 | +€84,268 | +42.5% |
| Financial income | 75/76B | €1,418 | €4,824 | +€3,406 | +240% |
| Recurring financial income | 75 | €1,418 | €4,824 | +€3,406 | +240% |
| Financial charges | 65/66B | €3,249 | €6,155 | +€2,906 | +89.4% |
| Recurring financial charges | 65 | €3,249 | €6,155 | +€2,906 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €196,381 | €281,148 | +€84,768 | +43.2% |
| Income taxes | 67/77 | €58,891 | €87,147 | +€28,256 | +48.0% |
| Profit (loss) for the period | 9904 | €137,490 | €194,001 | +€56,511 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €137,490 | €194,001 | +€56,511 | +41.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.