CROES.C: what changed
Two fiscal 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.
CROES.C
Largest movements
- Cash +€125,982
up €125,982 (+319.2%), from €39,463 to €165,445
mainly Net result for the year (+€65,845) and Stocks and contracts (+€58,950)
- Stocks and contracts -€58,950
down €58,950 (-63.4%), from €93,050 to €34,100
- Receivables within one year -€27,264
down €27,264 (-76.6%), from €35,569 to €8,306
of which Trade receivables: -€27,182
- Tangible fixed assets +€8,562
up €8,562 (+16.0%), from €53,426 to €61,988
of which Plant, machinery and equipment: +€7,824
- Profit (loss) carried forward +€65,845
up €65,845 (+71.2%), from €92,493 to €158,338
- Debts after one year -€16,117
down €16,117 (-62.4%), from €25,845 to €9,728
- Tax, wage and social debts -€5,745
down €5,745 (-23.1%), from €24,838 to €19,093
- Trade debts +€3,620
up €3,620 (+59.6%), from €6,072 to €9,692
- Gross operating margin -€26,770
down €26,770 (-20.3%), from €131,668 to €104,898
- Depreciation +€9,056
up €9,056 (+132.4%), from €6,841 to €15,897
- Taxes -€7,618
down €7,618 (-31.6%), from €24,125 to €16,507
- Financial charges -€1,518
down €1,518 (-22.4%), from €6,779 to €5,261
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.
Cash bridge derived
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 | €222,282 | €270,925 | +€48,643 | +21.9% |
| Fixed assets | 21/28 | €53,426 | €61,988 | +€8,562 | +16.0% |
| Tangible fixed assets | 22/27 | €53,426 | €61,988 | +€8,562 | +16.0% |
| Plant, machinery and equipment | 23 | €7,545 | €15,368 | +€7,824 | +103.7% |
| Furniture and vehicles | 24 | €45,881 | €46,619 | +€738 | +1.6% |
| Current assets | 29/58 | €168,857 | €208,937 | +€40,081 | +23.7% |
| Stocks and contracts in progress | 3 | €93,050 | €34,100 | -€58,950 | -63.4% |
| Stocks | 30/36 | €93,050 | €34,100 | -€58,950 | -63.4% |
| Amounts receivable within one year | 40/41 | €35,569 | €8,306 | -€27,264 | -76.6% |
| Trade receivables | 40 | €35,488 | €8,306 | -€27,182 | -76.6% |
| Other amounts receivable | 41 | €82 | €0 | -€82 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,463 | €165,445 | +€125,982 | +319.2% |
| Deferred charges and accrued income | 490/1 | €774 | €1,086 | +€312 | +40.3% |
| Total equity and liabilities | 10/49 | €222,282 | €270,925 | +€48,643 | +21.9% |
| Equity | 10/15 | €117,493 | €183,338 | +€65,845 | +56.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,493 | €158,338 | +€65,845 | +71.2% |
| Amounts payable | 17/49 | €104,790 | €87,587 | -€17,202 | -16.4% |
| Amounts payable after more than one year | 17 | €25,845 | €9,728 | -€16,117 | -62.4% |
| Financial debts | 170/4 | €25,845 | €9,728 | -€16,117 | -62.4% |
| Amounts payable within one year | 42/48 | €78,944 | €77,421 | -€1,523 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,437 | €16,117 | +€680 | +4.4% |
| Trade debts | 44 | €6,072 | €9,692 | +€3,620 | +59.6% |
| Suppliers | 440/4 | €6,072 | €9,692 | +€3,620 | +59.6% |
| Taxes, remuneration and social security | 45 | €24,838 | €19,093 | -€5,745 | -23.1% |
| Taxes | 450/3 | €24,838 | €19,093 | -€5,745 | -23.1% |
| Other amounts payable | 47/48 | €32,597 | €32,519 | -€78 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €438 | +€438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,841 | €15,897 | +€9,056 | +132.4% |
| Other operating charges | 640/8 | €1,453 | €1,388 | -€65 | -4.4% |
| Gross operating margin | 9900 | €131,668 | €104,898 | -€26,770 | -20.3% |
| Operating profit (loss) | 9901 | €123,375 | €87,613 | -€35,762 | -29.0% |
| Financial income | 75/76B | €22 | €0 | -€22 | -98.5% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -98.5% |
| Financial charges | 65/66B | €6,779 | €5,261 | -€1,518 | -22.4% |
| Recurring financial charges | 65 | €6,779 | €5,261 | -€1,518 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €116,618 | €82,352 | -€34,265 | -29.4% |
| Income taxes | 67/77 | €24,125 | €16,507 | -€7,618 | -31.6% |
| Profit (loss) for the period | 9904 | €92,493 | €65,845 | -€26,647 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,493 | €65,845 | -€26,647 | -28.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.