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CROES TECHNOLOGY: 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.

What changed

CROES TECHNOLOGY

BE 0884.192.513
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€81
2024 · €37+€44
Equity
€79,330
2024 · €79,249+€81
Cash
€36,258
2024 · €43,254-€6,996
Balance sheet total
€136,564
2024 · €109,599+€26,965

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€38,487

    up €38,487 (+473.8%), from €8,123 to €46,610

  • Cash -€6,996

    down €6,996 (-16.2%), from €43,254 to €36,258

    mainly Receivables within one year (-€38,487) and Debts after one year (-€5,027)

  • Tangible fixed assets -€5,827

    down €5,827 (-12.9%), from €45,027 to €39,200

    of which Land and buildings: -€5,600

Equity and liabilities
  • Trade debts +€35,624

    up €35,624 (+441.0%), from €8,078 to €43,702

  • Debts after one year -€5,027

    down €5,027 (-46.1%), from €10,894 to €5,867

  • Other debts -€3,616

    down €3,616 (-66.5%), from €5,437 to €1,821

Income statement
  • Gross operating margin -€1,102

    down €1,102 (-10.3%), from €10,685 to €9,583

  • Depreciation -€682

    down €682 (-10.5%), from €6,509 to €5,827

  • Staff costs -€458

    no longer reported in 2025 (was €458)

  • Financial charges -€277

    down €277 (-26.8%), from €1,032 to €755

  • Other operating charges +€219

    up €219 (+11.6%), from €1,886 to €2,105

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €37
Gross operating margin -€1,102
Staff costs +€458
Depreciation +€682
Other operating charges -€219
Financial income +€2
Financial charges +€277
Taxes -€54
Result 2025 €81

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,969
Investment €0
Financing -€5,027
Cash 2024 €43,254
Net result for the year +€81
Depreciation +€5,827
Stocks and contracts -€1,301
Receivables within one year -€38,487
Trade debts +€35,624
Tax, wage and social debts -€97
Other debts -€3,616
Debts after one year -€5,027
Cash 2025 €36,258
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €109,599 €136,564 +€26,965 +24.6%
Fixed assets 21/28 €45,027 €39,200 -€5,827 -12.9%
Tangible fixed assets 22/27 €45,027 €39,200 -€5,827 -12.9%
Land and buildings 22 €44,800 €39,200 -€5,600 -12.5%
Furniture and vehicles 24 €227 - -€227
Current assets 29/58 €64,572 €97,364 +€32,792 +50.8%
Stocks and contracts in progress 3 €13,195 €14,496 +€1,301 +9.9%
Stocks 30/36 €13,195 €14,496 +€1,301 +9.9%
Amounts receivable within one year 40/41 €8,123 €46,610 +€38,487 +473.8%
Trade receivables 40 €8,123 €46,610 +€38,487 +473.8%
Cash at bank and in hand 54/58 €43,254 €36,258 -€6,996 -16.2%
Total equity and liabilities 10/49 €109,599 €136,564 +€26,965 +24.6%
Equity 10/15 €79,249 €79,330 +€81 +0.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €60,649 €60,730 +€81 +0.1%
Distributable reserves 133 €60,649 €60,730 +€81 +0.1%
Amounts payable 17/49 €30,350 €57,234 +€26,884 +88.6%
Amounts payable after more than one year 17 €10,894 €5,867 -€5,027 -46.1%
Financial debts 170/4 €10,894 €5,867 -€5,027 -46.1%
Amounts payable within one year 42/48 €19,456 €51,367 +€31,911 +164.0%
Current portion of amounts payable after more than one year 42 €5,028 €5,028 = 0.0%
Trade debts 44 €8,078 €43,702 +€35,624 +441.0%
Suppliers 440/4 €8,078 €43,702 +€35,624 +441.0%
Taxes, remuneration and social security 45 €913 €816 -€97 -10.6%
Taxes 450/3 €913 €816 -€97 -10.6%
Other amounts payable 47/48 €5,437 €1,821 -€3,616 -66.5%
Remuneration, social security and pensions 62 €458 - -€458
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,509 €5,827 -€682 -10.5%
Other operating charges 640/8 €1,886 €2,105 +€219 +11.6%
Gross operating margin 9900 €10,685 €9,583 -€1,102 -10.3%
Operating profit (loss) 9901 €1,832 €1,651 -€181 -9.9%
Financial income 75/76B - €2 +€2
Recurring financial income 75 - €2 +€2
Financial charges 65/66B €1,032 €755 -€277 -26.8%
Recurring financial charges 65 €1,032 €755 -€277 -26.8%
Profit (loss) for the period before taxes 9903 €800 €898 +€98 +12.3%
Income taxes 67/77 €763 €817 +€54 +7.1%
Profit (loss) for the period 9904 €37 €81 +€44 +118.9%
Profit (loss) for the period to be appropriated 9905 €37 €81 +€44 +118.9%

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 29 September 2026 via checked.be.