Cronos Utilities: 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 Utilities
Largest movements
- Receivables within one year +€231,251
up €231,251 (+13.0%), from €1.8m to €2.0m
of which Trade receivables: +€144,199
- Cash +€54,932
up €54,932 (+822.9%), from €6,675 to €61,607
mainly Trade debts (+€266,050) and Net result for the year (+€256,065)
- Trade debts +€266,050
up €266,050 (+29.9%), from €891,248 to €1.2m
- Reserves +€256,000
up €256,000 (+64.9%), from €394,650 to €650,650
of which Distributable reserves: +€256,000
- Other debts -€250,000
no longer reported in 2025 (was €250,000)
- Turnover +€1.6m
up €1.6m (+38.3%), from €4.3m to €6.0m
- Purchases and services +€1.6m
up €1.6m (+41.9%), from €3.7m to €5.3m
- Gross operating margin +€98,333
up €98,333 (+16.3%), from €603,883 to €702,215
- Staff costs +€68,025
up €68,025 (+24.1%), from €282,200 to €350,225
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 | €1,786,366 | €2,069,579 | +€283,213 | +15.9% |
| Fixed assets | 21/28 | €2,408 | €1,035 | -€1,373 | -57.0% |
| Tangible fixed assets | 22/27 | €2,408 | €1,035 | -€1,373 | -57.0% |
| Plant, machinery and equipment | 23 | €2,408 | €1,035 | -€1,373 | -57.0% |
| Current assets | 29/58 | €1,783,958 | €2,068,543 | +€284,585 | +16.0% |
| Amounts receivable within one year | 40/41 | €1,772,874 | €2,004,125 | +€231,251 | +13.0% |
| Trade receivables | 40 | €777,991 | €922,191 | +€144,199 | +18.5% |
| Other amounts receivable | 41 | €994,882 | €1,081,934 | +€87,052 | +8.7% |
| Cash at bank and in hand | 54/58 | €6,675 | €61,607 | +€54,932 | +822.9% |
| Deferred charges and accrued income | 490/1 | €4,409 | €2,812 | -€1,597 | -36.2% |
| Total equity and liabilities | 10/49 | €1,786,366 | €2,069,579 | +€283,213 | +15.9% |
| Equity | 10/15 | €456,650 | €712,715 | +€256,065 | +56.1% |
| 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% |
| Reserves | 13 | €394,650 | €650,650 | +€256,000 | +64.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €346,350 | €602,350 | +€256,000 | +73.9% |
| Profit (loss) carried forward | 14 | - | €65 | +€65 | |
| Provisions and deferred taxes | 16 | - | €519 | +€519 | |
| Provisions for liabilities and charges | 160/5 | - | €519 | +€519 | |
| Pensions and similar obligations | 160 | - | €519 | +€519 | |
| Amounts payable | 17/49 | €1,329,716 | €1,356,344 | +€26,628 | +2.0% |
| Amounts payable within one year | 42/48 | €1,329,716 | €1,356,344 | +€26,628 | +2.0% |
| Trade debts | 44 | €891,248 | €1,157,298 | +€266,050 | +29.9% |
| Suppliers | 440/4 | €891,248 | €1,157,298 | +€266,050 | +29.9% |
| Taxes, remuneration and social security | 45 | €188,467 | €199,046 | +€10,579 | +5.6% |
| Taxes | 450/3 | €109,401 | €116,874 | +€7,474 | +6.8% |
| Remuneration and social security | 454/9 | €79,067 | €82,172 | +€3,105 | +3.9% |
| Other amounts payable | 47/48 | €250,000 | - | -€250,000 | |
| Turnover | 70 | €4,302,317 | €5,951,040 | +€1.6m | +38.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,701,131 | €5,253,689 | +€1.6m | +41.9% |
| Remuneration, social security and pensions | 62 | €282,200 | €350,225 | +€68,025 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,348 | €1,373 | +€25 | +1.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €519 | +€519 | |
| Other operating charges | 640/8 | €3,033 | €2,440 | -€593 | -19.6% |
| Gross operating margin | 9900 | €603,883 | €702,215 | +€98,333 | +16.3% |
| Operating profit (loss) | 9901 | €317,302 | €347,658 | +€30,357 | +9.6% |
| Financial income | 75/76B | €11,745 | €7,558 | -€4,187 | -35.6% |
| Recurring financial income | 75 | €11,745 | €7,558 | -€4,187 | -35.6% |
| Financial charges | 65/66B | €8,288 | €7,371 | -€916 | -11.1% |
| Recurring financial charges | 65 | €8,288 | €7,371 | -€916 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €320,759 | €347,845 | +€27,086 | +8.4% |
| Income taxes | 67/77 | €84,550 | €91,780 | +€7,230 | +8.6% |
| Profit (loss) for the period | 9904 | €236,209 | €256,065 | +€19,856 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €236,209 | €256,065 | +€19,856 | +8.4% |
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.