CRISTALEX: 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.
CRISTALEX
Largest movements
- Receivables within one year -€57,347
down €57,347 (-23.0%), from €249,190 to €191,844
of which Other amounts receivable: -€99,660
- Tangible fixed assets -€38,209
down €38,209 (-39.7%), from €96,199 to €57,990
of which Plant, machinery and equipment: -€32,981
- Stocks and contracts +€25,661
up €25,661 (+34.0%), from €75,405 to €101,066
- Cash -€5,258
down €5,258 (-93.6%), from €5,620 to €362
mainly Trade debts (-€131,189) and Stocks and contracts (-€25,661)
- Trade debts -€131,189
down €131,189 (-55.0%), from €238,576 to €107,386
- Other debts +€59,719
up €59,719 (+6,802%), from €878 to €60,597
- Reserves +€6,840
up €6,840 (+5.0%), from €136,697 to €143,537
- Tax, wage and social debts -€5,345
down €5,345 (-17.2%), from €31,151 to €25,807
of which Taxes: -€5,903
- Depreciation +€6,794
up €6,794 (+20.9%), from €32,535 to €39,329
- Taxes -€2,634
down €2,634 (-38.6%), from €6,817 to €4,183
- Other operating charges +€2,211
up €2,211 (+231%), from €959 to €3,171
- Staff costs +€1,947
up €1,947 (+3.8%), from €51,659 to €53,606
- Gross operating margin -€1,441
down €1,441 (-1.3%), from €108,861 to €107,420
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 | €433,348 | €357,799 | -€75,549 | -17.4% |
| Fixed assets | 21/28 | €96,199 | €57,990 | -€38,209 | -39.7% |
| Tangible fixed assets | 22/27 | €96,199 | €57,990 | -€38,209 | -39.7% |
| Plant, machinery and equipment | 23 | €87,720 | €54,738 | -€32,981 | -37.6% |
| Furniture and vehicles | 24 | €8,480 | €3,252 | -€5,228 | -61.7% |
| Current assets | 29/58 | €337,149 | €299,809 | -€37,340 | -11.1% |
| Stocks and contracts in progress | 3 | €75,405 | €101,066 | +€25,661 | +34.0% |
| Stocks | 30/36 | €75,405 | €101,066 | +€25,661 | +34.0% |
| Amounts receivable within one year | 40/41 | €249,190 | €191,844 | -€57,347 | -23.0% |
| Trade receivables | 40 | €139,965 | €182,278 | +€42,313 | +30.2% |
| Other amounts receivable | 41 | €109,225 | €9,566 | -€99,660 | -91.2% |
| Cash at bank and in hand | 54/58 | €5,620 | €362 | -€5,258 | -93.6% |
| Deferred charges and accrued income | 490/1 | €6,934 | €6,537 | -€397 | -5.7% |
| Total equity and liabilities | 10/49 | €433,348 | €357,799 | -€75,549 | -17.4% |
| Equity | 10/15 | €155,297 | €162,137 | +€6,840 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,697 | €143,537 | +€6,840 | +5.0% |
| Distributable reserves | 133 | €136,697 | €143,537 | +€6,840 | +5.0% |
| Amounts payable | 17/49 | €278,051 | €195,662 | -€82,390 | -29.6% |
| Amounts payable after more than one year | 17 | €1,403 | - | -€1,403 | |
| Financial debts | 170/4 | €1,403 | - | -€1,403 | |
| Amounts payable within one year | 42/48 | €276,641 | €195,660 | -€80,981 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €6,037 | €1,870 | -€4,167 | -69.0% |
| Trade debts | 44 | €238,576 | €107,386 | -€131,189 | -55.0% |
| Suppliers | 440/4 | €238,576 | €107,386 | -€131,189 | -55.0% |
| Taxes, remuneration and social security | 45 | €31,151 | €25,807 | -€5,345 | -17.2% |
| Taxes | 450/3 | €18,868 | €12,966 | -€5,903 | -31.3% |
| Remuneration and social security | 454/9 | €12,283 | €12,841 | +€558 | +4.5% |
| Other amounts payable | 47/48 | €878 | €60,597 | +€59,719 | +6,802% |
| Accrued charges and deferred income | 492/3 | €7 | €2 | -€5 | -74.9% |
| Non-recurring operating income | 76A | €619 | - | -€619 | |
| Remuneration, social security and pensions | 62 | €51,659 | €53,606 | +€1,947 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,535 | €39,329 | +€6,794 | +20.9% |
| Other operating charges | 640/8 | €959 | €3,171 | +€2,211 | +231% |
| Gross operating margin | 9900 | €108,861 | €107,420 | -€1,441 | -1.3% |
| Operating profit (loss) | 9901 | €23,707 | €11,315 | -€12,393 | -52.3% |
| Financial income | 75/76B | €700 | €643 | -€57 | -8.2% |
| Recurring financial income | 75 | €700 | €643 | -€57 | -8.2% |
| Financial charges | 65/66B | €1,093 | €935 | -€158 | -14.5% |
| Recurring financial charges | 65 | €1,093 | €935 | -€158 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €23,315 | €11,023 | -€12,292 | -52.7% |
| Income taxes | 67/77 | €6,817 | €4,183 | -€2,634 | -38.6% |
| Profit (loss) for the period | 9904 | €16,498 | €6,840 | -€9,658 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,498 | €6,840 | -€9,658 | -58.5% |
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 18 October 2026 via checked.be.