Cronos Defence Academy: 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.
Cronos Defence Academy
Largest movements
- Receivables within one year -€48,453
down €48,453 (-98.7%), from €49,093 to €640
of which Other amounts receivable: -€45,263
- Other debts -€24,368
down €24,368 (-8.1%), from €300,358 to €275,990
- Profit (loss) carried forward -€23,834
down €23,834 (-7.6%), from -€314,609 to -€338,443
- Purchases and services -€7,837
down €7,837 (-49.2%), from €15,935 to €8,098
- Turnover -€2,944
down €2,944 (-58.9%), from €5,000 to €2,056
- Financial charges -€2,160
down €2,160 (-12.9%), from €16,798 to €14,638
- Gross operating margin +€1,639
up €1,639 (+16.8%), from -€9,737 to -€8,098
- Other operating charges -€278
down €278 (-24.5%), from €1,135 to €857
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 | €54,987 | €6,286 | -€48,701 | -88.6% |
| Fixed assets | 21/28 | €656 | €456 | -€200 | -30.4% |
| Tangible fixed assets | 22/27 | €656 | €456 | -€200 | -30.4% |
| Other tangible fixed assets | 26 | €656 | €456 | -€200 | -30.4% |
| Current assets | 29/58 | €54,331 | €5,830 | -€48,502 | -89.3% |
| Amounts receivable within one year | 40/41 | €49,093 | €640 | -€48,453 | -98.7% |
| Trade receivables | 40 | €3,190 | - | -€3,190 | |
| Other amounts receivable | 41 | €45,903 | €640 | -€45,263 | -98.6% |
| Cash at bank and in hand | 54/58 | €5,100 | €5,100 | -€0 | 0.0% |
| Deferred charges and accrued income | 490/1 | €138 | €90 | -€48 | -35.1% |
| Total equity and liabilities | 10/49 | €54,987 | €6,286 | -€48,701 | -88.6% |
| Equity | 10/15 | -€252,609 | -€276,443 | -€23,834 | -9.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314,609 | -€338,443 | -€23,834 | -7.6% |
| Provisions and deferred taxes | 16 | - | €41 | +€41 | |
| Provisions for liabilities and charges | 160/5 | - | €41 | +€41 | |
| Pensions and similar obligations | 160 | - | €41 | +€41 | |
| Amounts payable | 17/49 | €307,597 | €282,688 | -€24,909 | -8.1% |
| Amounts payable within one year | 42/48 | €307,597 | €282,688 | -€24,909 | -8.1% |
| Trade debts | 44 | €7,239 | €6,698 | -€541 | -7.5% |
| Suppliers | 440/4 | €7,239 | €6,698 | -€541 | -7.5% |
| Other amounts payable | 47/48 | €300,358 | €275,990 | -€24,368 | -8.1% |
| Turnover | 70 | €5,000 | €2,056 | -€2,944 | -58.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,935 | €8,098 | -€7,837 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €200 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €41 | +€41 | |
| Other operating charges | 640/8 | €1,135 | €857 | -€278 | -24.5% |
| Gross operating margin | 9900 | -€9,737 | -€8,098 | +€1,639 | +16.8% |
| Operating profit (loss) | 9901 | -€11,072 | -€9,196 | +€1,876 | +16.9% |
| Financial charges | 65/66B | €16,798 | €14,638 | -€2,160 | -12.9% |
| Recurring financial charges | 65 | €16,798 | €14,638 | -€2,160 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,869 | -€23,834 | +€4,036 | +14.5% |
| Profit (loss) for the period | 9904 | -€27,869 | -€23,834 | +€4,036 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,869 | -€23,834 | +€4,036 | +14.5% |
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 28 October 2026 via checked.be.