CROIX BLANCHE: 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.
CROIX BLANCHE
Largest movements
- Cash -€222,071
down €222,071 (-100.0%), from €222,145 to €74
mainly Receivables within one year (-€171,038) and Net result for the year (-€31,234)
- Receivables within one year +€171,038
up €171,038 (+115.1%), from €148,579 to €319,617
- Profit (loss) carried forward -€31,234
down €31,234 (-91.5%), from -€34,140 to -€65,374
- Trade debts -€17,478
down €17,478 (-98.9%), from €17,668 to €190
- Gross operating margin -€12,832
down €12,832, from €2,459 to -€10,373
- Other operating charges -€902
down €902 (-5.0%), from €17,983 to €17,081
- Financial income -€842
down €842 (-62.7%), from €1,342 to €500
- Financial charges +€404
up €404 (+147.4%), from €274 to €678
- Taxes -€181
no longer reported in 2025 (was €181)
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 | €426,397 | €375,575 | -€50,822 | -11.9% |
| Fixed assets | 21/28 | €55,125 | €55,826 | +€701 | +1.3% |
| Tangible fixed assets | 22/27 | €55,095 | €55,796 | +€701 | +1.3% |
| Land and buildings | 22 | €55,095 | €55,796 | +€701 | +1.3% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €371,272 | €319,749 | -€51,523 | -13.9% |
| Amounts receivable within one year | 40/41 | €148,579 | €319,617 | +€171,038 | +115.1% |
| Other amounts receivable | 41 | €148,579 | €319,617 | +€171,038 | +115.1% |
| Cash at bank and in hand | 54/58 | €222,145 | €74 | -€222,071 | -100.0% |
| Deferred charges and accrued income | 490/1 | €548 | €58 | -€490 | -89.4% |
| Total equity and liabilities | 10/49 | €426,397 | €375,575 | -€50,822 | -11.9% |
| Equity | 10/15 | €405,989 | €374,755 | -€31,234 | -7.7% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €68,289 | €68,289 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,185 | €37,185 | = | 0.0% |
| Legal reserve | 130 | €37,185 | €37,185 | = | 0.0% |
| Distributable reserves | 133 | €31,104 | €31,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,140 | -€65,374 | -€31,234 | -91.5% |
| Amounts payable | 17/49 | €20,408 | €820 | -€19,588 | -96.0% |
| Amounts payable within one year | 42/48 | €20,388 | €820 | -€19,568 | -96.0% |
| Trade debts | 44 | €17,668 | €190 | -€17,478 | -98.9% |
| Suppliers | 440/4 | €17,668 | €190 | -€17,478 | -98.9% |
| Taxes, remuneration and social security | 45 | €2,720 | €630 | -€2,090 | -76.8% |
| Taxes | 450/3 | €2,720 | €630 | -€2,090 | -76.8% |
| Accrued charges and deferred income | 492/3 | €20 | - | -€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,204 | €2,302 | +€98 | +4.4% |
| Other operating charges | 640/8 | €17,983 | €17,081 | -€902 | -5.0% |
| Non-recurring operating charges | 66A | - | €1,300 | +€1,300 | |
| Gross operating margin | 9900 | €2,459 | -€10,373 | -€12,832 | |
| Operating profit (loss) | 9901 | -€17,728 | -€31,056 | -€13,328 | -75.2% |
| Financial income | 75/76B | €1,342 | €500 | -€842 | -62.7% |
| Recurring financial income | 75 | €1,342 | €500 | -€842 | -62.7% |
| Financial charges | 65/66B | €274 | €678 | +€404 | +147.4% |
| Recurring financial charges | 65 | €274 | €678 | +€404 | +147.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,660 | -€31,234 | -€14,574 | -87.5% |
| Income taxes | 67/77 | €181 | - | -€181 | |
| Profit (loss) for the period | 9904 | -€16,841 | -€31,234 | -€14,393 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,841 | -€31,234 | -€14,393 | -85.5% |
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 10 October 2026 via checked.be.