CROGEN: 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.
CROGEN
Largest movements
- Cash -€170,554
down €170,554 (-78.3%), from €217,704 to €47,150
mainly Other debts (-€294,671) and Receivables within one year (-€100,438)
- Receivables within one year +€100,438
up €100,438 (+677.2%), from €14,831 to €115,269
of which Other amounts receivable: +€99,763
- Other debts -€294,671
down €294,671 (-98.5%), from €299,114 to €4,443
- Debts after one year +€250,000
up €250,000 (+1428.6%), from €17,500 to €267,500
- Profit (loss) carried forward -€26,493
down €26,493 (-17.6%), from -€150,383 to -€176,876
- Gross operating margin -€8,005
down €8,005 (-47.0%), from -€17,044 to -€25,049
- Financial charges -€854
down €854 (-65.9%), from €1,295 to €441
- Depreciation -€256
down €256 (-46.1%), from €555 to €299
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 | €234,200 | €163,791 | -€70,409 | -30.1% |
| Fixed assets | 21/28 | €1,383 | €1,084 | -€299 | -21.6% |
| Tangible fixed assets | 22/27 | €848 | €549 | -€299 | -35.3% |
| Furniture and vehicles | 24 | €848 | €549 | -€299 | -35.3% |
| Financial fixed assets | 28 | €535 | €535 | = | 0.0% |
| Current assets | 29/58 | €232,817 | €162,707 | -€70,110 | -30.1% |
| Amounts receivable within one year | 40/41 | €14,831 | €115,269 | +€100,438 | +677.2% |
| Trade receivables | 40 | €3,411 | €4,086 | +€675 | +19.8% |
| Other amounts receivable | 41 | €11,421 | €111,183 | +€99,763 | +873.5% |
| Cash at bank and in hand | 54/58 | €217,704 | €47,150 | -€170,554 | -78.3% |
| Deferred charges and accrued income | 490/1 | €282 | €289 | +€6 | +2.2% |
| Total equity and liabilities | 10/49 | €234,200 | €163,791 | -€70,409 | -30.1% |
| Equity | 10/15 | -€88,410 | -€114,903 | -€26,493 | -30.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,383 | -€176,876 | -€26,493 | -17.6% |
| Amounts payable | 17/49 | €322,610 | €278,694 | -€43,916 | -13.6% |
| Amounts payable after more than one year | 17 | €17,500 | €267,500 | +€250,000 | +1428.6% |
| Other amounts payable | 178/9 | €17,500 | €267,500 | +€250,000 | +1428.6% |
| Amounts payable within one year | 42/48 | €304,723 | €11,049 | -€293,673 | -96.4% |
| Trade debts | 44 | €5,609 | €6,606 | +€998 | +17.8% |
| Suppliers | 440/4 | €5,609 | €6,606 | +€998 | +17.8% |
| Other amounts payable | 47/48 | €299,114 | €4,443 | -€294,671 | -98.5% |
| Accrued charges and deferred income | 492/3 | €387 | €145 | -€243 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | €299 | -€256 | -46.1% |
| Other operating charges | 640/8 | €857 | €703 | -€154 | -17.9% |
| Gross operating margin | 9900 | -€17,044 | -€25,049 | -€8,005 | -47.0% |
| Operating profit (loss) | 9901 | -€18,457 | -€26,052 | -€7,595 | -41.1% |
| Financial charges | 65/66B | €1,295 | €441 | -€854 | -65.9% |
| Recurring financial charges | 65 | €1,295 | €441 | -€854 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,752 | -€26,493 | -€6,741 | -34.1% |
| Profit (loss) for the period | 9904 | -€19,752 | -€26,493 | -€6,741 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,752 | -€26,493 | -€6,741 | -34.1% |
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.