CROHIN: 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.
CROHIN
Largest movements
- Receivables within one year -€62,949
down €62,949 (-59.9%), from €105,011 to €42,062
of which Trade receivables: -€62,552
- Cash -€25,986
down €25,986 (-43.5%), from €59,677 to €33,691
mainly Investment in fixed assets (net) (-€49,643) and Net result for the year (-€40,350)
- Tangible fixed assets +€9,805
up €9,805 (+10.9%), from €89,730 to €99,535
of which Furniture and vehicles: +€34,626
- Profit (loss) carried forward -€40,350
down €40,350 (-64.3%), from -€62,736 to -€103,086
- Tax, wage and social debts -€36,790
down €36,790 (-61.3%), from €59,990 to €23,200
of which Taxes: -€31,929
- Debts after one year +€18,975
up €18,975 (+71.0%), from €26,730 to €45,704
- Accrued charges and deferred income -€18,899
down €18,899 (-95.7%), from €19,746 to €847
- Trade debts -€12,327
down €12,327 (-23.6%), from €52,274 to €39,947
- Gross operating margin -€103,722
down €103,722 (-18.2%), from €570,284 to €466,563
- Staff costs -€34,910
down €34,910 (-7.1%), from €490,269 to €455,359
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 | €394,575 | €314,822 | -€79,753 | -20.2% |
| Fixed assets | 21/28 | €89,755 | €99,560 | +€9,805 | +10.9% |
| Tangible fixed assets | 22/27 | €89,730 | €99,535 | +€9,805 | +10.9% |
| Land and buildings | 22 | €36,276 | €25,066 | -€11,210 | -30.9% |
| Plant, machinery and equipment | 23 | €45,830 | €32,218 | -€13,612 | -29.7% |
| Furniture and vehicles | 24 | €7,624 | €42,250 | +€34,626 | +454% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €304,820 | €215,262 | -€89,557 | -29.4% |
| Stocks and contracts in progress | 3 | €124,888 | €121,596 | -€3,292 | -2.6% |
| Stocks | 30/36 | €100,454 | €100,739 | +€286 | +0.3% |
| Contracts in progress | 37 | €24,434 | €20,857 | -€3,577 | -14.6% |
| Amounts receivable within one year | 40/41 | €105,011 | €42,062 | -€62,949 | -59.9% |
| Trade receivables | 40 | €104,614 | €42,062 | -€62,552 | -59.8% |
| Other amounts receivable | 41 | €398 | €0 | -€398 | -100% |
| Cash at bank and in hand | 54/58 | €59,677 | €33,691 | -€25,986 | -43.5% |
| Deferred charges and accrued income | 490/1 | €15,244 | €17,913 | +€2,670 | +17.5% |
| Total equity and liabilities | 10/49 | €394,575 | €314,822 | -€79,753 | -20.2% |
| Equity | 10/15 | €214,214 | €173,284 | -€40,930 | -19.1% |
| Contributions | 10/11 | €153,500 | €153,500 | = | 0.0% |
| Reserves | 13 | €122,632 | €122,632 | = | 0.0% |
| Distributable reserves | 133 | €122,632 | €122,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,736 | -€103,086 | -€40,350 | -64.3% |
| Investment grants | 15 | €818 | €238 | -€580 | -70.9% |
| Amounts payable | 17/49 | €180,361 | €141,538 | -€38,823 | -21.5% |
| Amounts payable after more than one year | 17 | €26,730 | €45,704 | +€18,975 | +71.0% |
| Financial debts | 170/4 | €26,730 | €45,704 | +€18,975 | +71.0% |
| Amounts payable within one year | 42/48 | €133,885 | €94,987 | -€38,898 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €11,565 | €22,023 | +€10,459 | +90.4% |
| Trade debts | 44 | €52,274 | €39,947 | -€12,327 | -23.6% |
| Suppliers | 440/4 | €52,274 | €39,947 | -€12,327 | -23.6% |
| Taxes, remuneration and social security | 45 | €59,990 | €23,200 | -€36,790 | -61.3% |
| Taxes | 450/3 | €36,779 | €4,851 | -€31,929 | -86.8% |
| Remuneration and social security | 454/9 | €23,211 | €18,349 | -€4,861 | -20.9% |
| Other amounts payable | 47/48 | €10,056 | €9,817 | -€239 | -2.4% |
| Accrued charges and deferred income | 492/3 | €19,746 | €847 | -€18,899 | -95.7% |
| Remuneration, social security and pensions | 62 | €490,269 | €455,359 | -€34,910 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,827 | €39,839 | +€3,011 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €610 | +€610 | |
| Other operating charges | 640/8 | €6,477 | €6,637 | +€160 | +2.5% |
| Non-recurring operating charges | 66A | €859 | €0 | -€859 | -100% |
| Gross operating margin | 9900 | €570,284 | €466,563 | -€103,722 | -18.2% |
| Operating profit (loss) | 9901 | €35,852 | -€35,882 | -€71,734 | |
| Financial income | 75/76B | €1,109 | €886 | -€223 | -20.1% |
| Recurring financial income | 75 | €1,109 | €886 | -€223 | -20.1% |
| Financial charges | 65/66B | €4,453 | €4,791 | +€338 | +7.6% |
| Recurring financial charges | 65 | €4,453 | €4,791 | +€338 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €32,508 | -€39,787 | -€72,295 | |
| Income taxes | 67/77 | €457 | €563 | +€106 | +23.2% |
| Profit (loss) for the period | 9904 | €32,051 | -€40,350 | -€72,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,051 | -€40,350 | -€72,401 |
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 13 October 2026 via checked.be.