Croc-Odile: 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.
Croc-Odile
Largest movements
- Current investments +€163,258
up €163,258 (+181%), from €90,000 to €253,258
- Cash -€100,320
down €100,320 (-48.2%), from €208,053 to €107,733
mainly Current investments (-€163,258) and Investment in fixed assets (net) (-€59,425)
- Tangible fixed assets +€31,363
up €31,363 (+5.0%), from €624,846 to €656,209
of which Plant, machinery and equipment: +€40,368
- Reserves +€159,473
up €159,473 (+266%), from €60,063 to €219,536
of which Distributable reserves: +€159,387
- Other debts -€38,486
down €38,486 (-52.4%), from €73,386 to €34,900
- Debts after one year -€26,580
down €26,580 (-11.2%), from €236,799 to €210,219
- Provisions -€16,982
down €16,982 (-85.1%), from €19,956 to €2,974
- Tax, wage and social debts +€16,417
up €16,417 (+46.2%), from €35,512 to €51,929
of which Taxes: +€16,948
- Gross operating margin +€101,896
up €101,896 (+28.7%), from €355,587 to €457,483
- Taxes +€46,930
up €46,930 (+198%), from €23,704 to €70,634
- Depreciation -€22,113
down €22,113 (-43.7%), from €50,611 to €28,498
- Financial income +€13,258
new in 2025: €13,258
- Financial charges -€9,825
down €9,825 (-15.6%), from €63,018 to €53,193
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 | €928,468 | €1,023,947 | +€95,479 | +10.3% |
| Fixed assets | 21/28 | €625,901 | €656,829 | +€30,927 | +4.9% |
| Intangible fixed assets | 21 | €1,055 | €619 | -€436 | -41.3% |
| Tangible fixed assets | 22/27 | €624,846 | €656,209 | +€31,363 | +5.0% |
| Land and buildings | 22 | €535,765 | €523,913 | -€11,852 | -2.2% |
| Plant, machinery and equipment | 23 | €77,091 | €117,459 | +€40,368 | +52.4% |
| Furniture and vehicles | 24 | €7,681 | €14,838 | +€7,157 | +93.2% |
| Leasing and similar rights | 25 | €4,309 | - | -€4,309 | |
| Current assets | 29/58 | €302,567 | €367,119 | +€64,552 | +21.3% |
| Amounts receivable within one year | 40/41 | €539 | - | -€539 | |
| Other amounts receivable | 41 | €539 | - | -€539 | |
| Current investments | 50/53 | €90,000 | €253,258 | +€163,258 | +181% |
| Cash at bank and in hand | 54/58 | €208,053 | €107,733 | -€100,320 | -48.2% |
| Deferred charges and accrued income | 490/1 | €3,975 | €6,128 | +€2,153 | +54.2% |
| Total equity and liabilities | 10/49 | €928,468 | €1,023,947 | +€95,479 | +10.3% |
| Equity | 10/15 | €527,627 | €687,100 | +€159,473 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,063 | €219,536 | +€159,473 | +266% |
| Tax-exempt reserves | 132 | - | €86 | +€86 | |
| Distributable reserves | 133 | €60,063 | €219,450 | +€159,387 | +265% |
| Profit (loss) carried forward | 14 | €448,964 | €448,964 | = | 0.0% |
| Provisions and deferred taxes | 16 | €19,956 | €2,974 | -€16,982 | -85.1% |
| Provisions for liabilities and charges | 160/5 | €19,956 | €2,974 | -€16,982 | -85.1% |
| Environmental obligations | 163 | €19,956 | €2,974 | -€16,982 | -85.1% |
| Amounts payable | 17/49 | €380,885 | €333,873 | -€47,012 | -12.3% |
| Amounts payable after more than one year | 17 | €236,799 | €210,219 | -€26,580 | -11.2% |
| Financial debts | 170/4 | €236,799 | €210,219 | -€26,580 | -11.2% |
| Amounts payable within one year | 42/48 | €144,086 | €123,654 | -€20,432 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €28,966 | €26,580 | -€2,386 | -8.2% |
| Trade debts | 44 | €6,222 | €10,246 | +€4,024 | +64.7% |
| Suppliers | 440/4 | €6,222 | €10,246 | +€4,024 | +64.7% |
| Taxes, remuneration and social security | 45 | €35,512 | €51,929 | +€16,417 | +46.2% |
| Taxes | 450/3 | €13,685 | €30,634 | +€16,948 | +124% |
| Remuneration and social security | 454/9 | €21,826 | €21,295 | -€531 | -2.4% |
| Other amounts payable | 47/48 | €73,386 | €34,900 | -€38,486 | -52.4% |
| Remuneration, social security and pensions | 62 | €152,442 | €152,574 | +€132 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,611 | €28,498 | -€22,113 | -43.7% |
| Other operating charges | 640/8 | €7,609 | €6,370 | -€1,239 | -16.3% |
| Gross operating margin | 9900 | €355,587 | €457,483 | +€101,896 | +28.7% |
| Operating profit (loss) | 9901 | €144,925 | €270,041 | +€125,116 | +86.3% |
| Financial income | 75/76B | - | €13,258 | +€13,258 | |
| Recurring financial income | 75 | - | €13,258 | +€13,258 | |
| Financial charges | 65/66B | €63,018 | €53,193 | -€9,825 | -15.6% |
| Recurring financial charges | 65 | €63,018 | €53,193 | -€9,825 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €81,907 | €230,107 | +€148,199 | +181% |
| Income taxes | 67/77 | €23,704 | €70,634 | +€46,930 | +198% |
| Profit (loss) for the period | 9904 | €58,203 | €159,473 | +€101,270 | +174% |
| Transfer to tax-exempt reserves | 689 | - | €86 | +€86 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,203 | €159,387 | +€101,183 | +174% |
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 16 October 2026 via checked.be.