Crobel: 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.
Crobel
Largest movements
- Receivables within one year -€32,010
down €32,010 (-90.5%), from €35,378 to €3,368
of which Trade receivables: -€30,138
- Cash -€22,524
down €22,524 (-38.4%), from €58,622 to €36,098
mainly Net result for the year (-€34,159) and Tax, wage and social debts (-€21,469)
- Tangible fixed assets -€19,273
down €19,273 (-7.5%), from €255,466 to €236,193
of which Furniture and vehicles: -€18,656
- Profit (loss) carried forward -€34,159
new in 2025: -€34,159
- Tax, wage and social debts -€21,469
down €21,469 (-99.3%), from €21,609 to €141
- Debts after one year -€19,334
down €19,334 (-9.2%), from €210,013 to €190,679
- Current portion of long-term debt -€4,789
down €4,789 (-19.9%), from €24,122 to €19,334
- Other debts +€3,905
new in 2025: €3,905
- Gross operating margin -€36,910
down €36,910 (-97.4%), from €37,910 to €1,000
- Other operating charges -€25,685
down €25,685 (-88.1%), from €29,160 to €3,475
- Financial charges +€5,159
up €5,159 (+129%), from €3,988 to €9,147
- Depreciation +€1,112
up €1,112 (+5.1%), from €21,811 to €22,923
- Financial income +€522
up €522 (+10,731%), from €5 to €526
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 | €349,466 | €275,658 | -€73,807 | -21.1% |
| Fixed assets | 21/28 | €255,466 | €236,193 | -€19,273 | -7.5% |
| Tangible fixed assets | 22/27 | €255,466 | €236,193 | -€19,273 | -7.5% |
| Land and buildings | 22 | €219,872 | €220,936 | +€1,064 | +0.5% |
| Plant, machinery and equipment | 23 | €4,779 | €3,099 | -€1,680 | -35.2% |
| Furniture and vehicles | 24 | €30,815 | €12,159 | -€18,656 | -60.5% |
| Current assets | 29/58 | €94,000 | €39,465 | -€54,534 | -58.0% |
| Amounts receivable within one year | 40/41 | €35,378 | €3,368 | -€32,010 | -90.5% |
| Trade receivables | 40 | €30,138 | - | -€30,138 | |
| Other amounts receivable | 41 | €5,240 | €3,368 | -€1,873 | -35.7% |
| Cash at bank and in hand | 54/58 | €58,622 | €36,098 | -€22,524 | -38.4% |
| Total equity and liabilities | 10/49 | €349,466 | €275,658 | -€73,807 | -21.1% |
| Equity | 10/15 | €91,572 | €57,413 | -€34,159 | -37.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €88,572 | €88,572 | = | 0.0% |
| Distributable reserves | 133 | €88,572 | €88,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€34,159 | -€34,159 | |
| Amounts payable | 17/49 | €257,893 | €218,245 | -€39,648 | -15.4% |
| Amounts payable after more than one year | 17 | €210,013 | €190,679 | -€19,334 | -9.2% |
| Financial debts | 170/4 | €210,013 | €190,679 | -€19,334 | -9.2% |
| Amounts payable within one year | 42/48 | €47,880 | €27,566 | -€20,314 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €24,122 | €19,334 | -€4,789 | -19.9% |
| Trade debts | 44 | €2,149 | €4,187 | +€2,038 | +94.8% |
| Suppliers | 440/4 | €2,149 | €4,187 | +€2,038 | +94.8% |
| Taxes, remuneration and social security | 45 | €21,609 | €141 | -€21,469 | -99.3% |
| Taxes | 450/3 | €21,609 | €141 | -€21,469 | -99.3% |
| Other amounts payable | 47/48 | - | €3,905 | +€3,905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,811 | €22,923 | +€1,112 | +5.1% |
| Other operating charges | 640/8 | €29,160 | €3,475 | -€25,685 | -88.1% |
| Gross operating margin | 9900 | €37,910 | €1,000 | -€36,910 | -97.4% |
| Operating profit (loss) | 9901 | -€13,061 | -€25,398 | -€12,336 | -94.5% |
| Financial income | 75/76B | €5 | €526 | +€522 | +10,731% |
| Recurring financial income | 75 | €5 | €526 | +€522 | +10,731% |
| Financial charges | 65/66B | €3,988 | €9,147 | +€5,159 | +129% |
| Recurring financial charges | 65 | €3,988 | €9,147 | +€5,159 | +129% |
| Profit (loss) for the period before taxes | 9903 | -€17,044 | -€34,018 | -€16,974 | -99.6% |
| Income taxes | 67/77 | €191 | €141 | -€50 | -26.4% |
| Profit (loss) for the period | 9904 | -€17,236 | -€34,159 | -€16,924 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,236 | -€34,159 | -€16,924 | -98.2% |
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 17 October 2026 via checked.be.