CROCUS DÉVELOPPEMENT: 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.
CROCUS DÉVELOPPEMENT
Largest movements
- Stocks and contracts +€1.5m
up €1.5m (+65.3%), from €2.3m to €3.8m
- Receivables within one year +€1.2m
up €1.2m (+61.2%), from €2.0m to €3.2m
of which Other amounts receivable: +€1.2m
- Current investments -€158,587
no longer reported in 2025 (was €158,587)
- Cash +€107,390
new in 2025: €107,390
mainly Trade debts (+€2.9m) and Advances received (+€1.4m)
- Trade debts +€2.9m
up €2.9m (+1,484%), from €195,819 to €3.1m
- Short-term financial debts -€1.6m
down €1.6m (-80.9%), from €2.0m to €373,501
- Advances received +€1.4m
up €1.4m (+101%), from €1.4m to €2.8m
- Gross operating margin +€100,276
up €100,276 (+141%), from €71,292 to €171,568
- Financial charges +€97,937
up €97,937 (+164%), from €59,613 to €157,550
- Other operating charges +€5,226
up €5,226 (+37,329%), from €14 to €5,240
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 | €4,489,061 | €7,168,841 | +€2.7m | +59.7% |
| Fixed assets | 21/28 | €13,035 | €8,076 | -€4,959 | -38.0% |
| Intangible fixed assets | 21 | €7,499 | €5,719 | -€1,780 | -23.7% |
| Tangible fixed assets | 22/27 | €5,536 | €2,357 | -€3,179 | -57.4% |
| Furniture and vehicles | 24 | €5,536 | €2,357 | -€3,179 | -57.4% |
| Current assets | 29/58 | €4,476,026 | €7,160,765 | +€2.7m | +60.0% |
| Stocks and contracts in progress | 3 | €2,314,706 | €3,826,780 | +€1.5m | +65.3% |
| Stocks | 30/36 | €2,314,706 | €3,826,780 | +€1.5m | +65.3% |
| Amounts receivable within one year | 40/41 | €2,001,074 | €3,226,595 | +€1.2m | +61.2% |
| Trade receivables | 40 | €21,901 | €56,888 | +€34,987 | +160% |
| Other amounts receivable | 41 | €1,979,173 | €3,169,707 | +€1.2m | +60.2% |
| Current investments | 50/53 | €158,587 | - | -€158,587 | |
| Cash at bank and in hand | 54/58 | - | €107,390 | +€107,390 | |
| Deferred charges and accrued income | 490/1 | €1,659 | - | -€1,659 | |
| Total equity and liabilities | 10/49 | €4,489,061 | €7,168,841 | +€2.7m | +59.7% |
| Equity | 10/15 | €696,938 | €700,757 | +€3,819 | +0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €676,938 | €680,757 | +€3,819 | +0.6% |
| Amounts payable | 17/49 | €3,792,123 | €6,468,084 | +€2.7m | +70.6% |
| Amounts payable within one year | 42/48 | €3,792,123 | €6,468,084 | +€2.7m | +70.6% |
| Financial debts | 43 | €1,954,792 | €373,501 | -€1.6m | -80.9% |
| Credit institutions | 430/8 | €1,954,792 | €373,501 | -€1.6m | -80.9% |
| Trade debts | 44 | €195,819 | €3,101,341 | +€2.9m | +1,484% |
| Suppliers | 440/4 | €195,819 | €3,101,341 | +€2.9m | +1,484% |
| Advances received on contracts in progress | 46 | €1,391,183 | €2,798,658 | +€1.4m | +101% |
| Taxes, remuneration and social security | 45 | €85,328 | €29,583 | -€55,745 | -65.3% |
| Taxes | 450/3 | €85,328 | €29,583 | -€55,745 | -65.3% |
| Other amounts payable | 47/48 | €165,000 | €165,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,518 | €4,959 | +€441 | +9.8% |
| Other operating charges | 640/8 | €14 | €5,240 | +€5,226 | +37,329% |
| Gross operating margin | 9900 | €71,292 | €171,568 | +€100,276 | +141% |
| Operating profit (loss) | 9901 | €66,761 | €161,370 | +€94,609 | +142% |
| Financial income | 75/76B | €0 | €0 | -€0 | -81.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -81.8% |
| Financial charges | 65/66B | €59,613 | €157,550 | +€97,937 | +164% |
| Recurring financial charges | 65 | €59,613 | €157,550 | +€97,937 | +164% |
| Profit (loss) for the period before taxes | 9903 | €7,147 | €3,819 | -€3,328 | -46.6% |
| Income taxes | 67/77 | €1,518 | - | -€1,518 | |
| Profit (loss) for the period | 9904 | €5,630 | €3,819 | -€1,810 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,630 | €3,819 | -€1,810 | -32.2% |
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 28 October 2026 via checked.be.