CRONUS: 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.
CRONUS
Largest movements
- Tangible fixed assets +€467,698
up €467,698 (+66.3%), from €705,264 to €1.2m
of which Land and buildings: +€469,434
- Current investments -€238,886
down €238,886 (-73.7%), from €324,339 to €85,453
- Receivables within one year +€88,509
up €88,509 (+36.5%), from €242,732 to €331,241
of which Other amounts receivable: +€88,809
- Debts after one year +€290,327
up €290,327 (+134%), from €215,925 to €506,252
of which Financial debts: +€290,327
- Reserves +€40,628
up €40,628 (+4.8%), from €850,091 to €890,720
of which Distributable reserves: +€46,066
- Current portion of long-term debt -€23,038
down €23,038 (-30.6%), from €75,357 to €52,319
- Financial charges +€5,861
up €5,861 (+38.5%), from €15,234 to €21,094
- Financial income -€3,893
down €3,893 (-27.0%), from €14,395 to €10,503
- Depreciation +€3,642
up €3,642 (+15.9%), from €22,920 to €26,562
- Gross operating margin -€1,672
down €1,672 (-1.8%), from €95,097 to €93,425
- Taxes -€1,300
down €1,300 (-8.1%), from €15,975 to €14,674
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 | €1,400,117 | €1,711,518 | +€311,401 | +22.2% |
| Fixed assets | 21/28 | €761,264 | €1,228,962 | +€467,698 | +61.4% |
| Tangible fixed assets | 22/27 | €705,264 | €1,172,962 | +€467,698 | +66.3% |
| Land and buildings | 22 | €698,398 | €1,167,832 | +€469,434 | +67.2% |
| Plant, machinery and equipment | 23 | €5,675 | €4,801 | -€874 | -15.4% |
| Furniture and vehicles | 24 | €1,191 | €329 | -€861 | -72.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €56,000 | €56,000 | = | 0.0% |
| Current assets | 29/58 | €638,853 | €482,556 | -€156,297 | -24.5% |
| Amounts receivable after more than one year | 29 | €49,816 | €50,824 | +€1,007 | +2.0% |
| Other amounts receivable | 291 | €49,816 | €50,824 | +€1,007 | +2.0% |
| Amounts receivable within one year | 40/41 | €242,732 | €331,241 | +€88,509 | +36.5% |
| Trade receivables | 40 | €12,120 | €11,820 | -€300 | -2.5% |
| Other amounts receivable | 41 | €230,612 | €319,421 | +€88,809 | +38.5% |
| Current investments | 50/53 | €324,339 | €85,453 | -€238,886 | -73.7% |
| Cash at bank and in hand | 54/58 | €16,577 | €10,155 | -€6,422 | -38.7% |
| Deferred charges and accrued income | 490/1 | €5,390 | €4,884 | -€506 | -9.4% |
| Total equity and liabilities | 10/49 | €1,400,117 | €1,711,518 | +€311,401 | +22.2% |
| Equity | 10/15 | €975,091 | €1,015,720 | +€40,628 | +4.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €850,091 | €890,720 | +€40,628 | +4.8% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €376,337 | €370,899 | -€5,438 | -1.4% |
| Distributable reserves | 133 | €461,255 | €507,321 | +€46,066 | +10.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €125,446 | €123,633 | -€1,813 | -1.4% |
| Deferred taxes | 168 | €125,446 | €123,633 | -€1,813 | -1.4% |
| Amounts payable | 17/49 | €299,580 | €572,165 | +€272,585 | +91.0% |
| Amounts payable after more than one year | 17 | €215,925 | €506,252 | +€290,327 | +134% |
| Financial debts | 170/4 | €213,124 | €503,451 | +€290,327 | +136% |
| Other amounts payable | 178/9 | €2,801 | €2,801 | = | 0.0% |
| Amounts payable within one year | 42/48 | €83,655 | €65,913 | -€17,742 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €75,357 | €52,319 | -€23,038 | -30.6% |
| Trade debts | 44 | €1,591 | €2,734 | +€1,143 | +71.8% |
| Suppliers | 440/4 | €1,591 | €2,734 | +€1,143 | +71.8% |
| Taxes, remuneration and social security | 45 | €6,707 | €10,860 | +€4,154 | +61.9% |
| Taxes | 450/3 | €6,707 | €6,460 | -€246 | -3.7% |
| Remuneration and social security | 454/9 | - | €4,400 | +€4,400 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,920 | €26,562 | +€3,642 | +15.9% |
| Other operating charges | 640/8 | €2,118 | €2,781 | +€663 | +31.3% |
| Non-recurring operating charges | 66A | €213 | €0 | -€213 | -100% |
| Gross operating margin | 9900 | €95,097 | €93,425 | -€1,672 | -1.8% |
| Operating profit (loss) | 9901 | €69,846 | €64,082 | -€5,764 | -8.3% |
| Financial income | 75/76B | €14,395 | €10,503 | -€3,893 | -27.0% |
| Recurring financial income | 75 | €14,395 | €10,503 | -€3,893 | -27.0% |
| Financial charges | 65/66B | €15,234 | €21,094 | +€5,861 | +38.5% |
| Recurring financial charges | 65 | €15,234 | €21,094 | +€5,861 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €69,008 | €53,490 | -€15,517 | -22.5% |
| Transfer from deferred taxes | 780 | €1,813 | €1,813 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €15,975 | €14,674 | -€1,300 | -8.1% |
| Profit (loss) for the period | 9904 | €54,845 | €40,628 | -€14,217 | -25.9% |
| Transfer from tax-exempt reserves | 789 | €5,438 | €5,438 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €60,283 | €46,066 | -€14,217 | -23.6% |
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 18 October 2026 via checked.be.