CROQUE: 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.
CROQUE
Largest movements
- Receivables within one year -€17,819
down €17,819 (-40.8%), from €43,707 to €25,888
- Tangible fixed assets -€6,728
down €6,728 (-30.9%), from €21,808 to €15,079
- Cash -€1,830
down €1,830 (-18.8%), from €9,742 to €7,912
mainly Net result for the year (-€22,775) and Debts after one year (-€1,711)
- Profit (loss) carried forward -€22,775
new in 2025: -€22,775
- Debts after one year -€1,711
down €1,711 (-4.6%), from €37,553 to €35,841
- Tax, wage and social debts -€913
down €913 (-13.9%), from €6,552 to €5,638
of which Taxes: -€685
- Gross operating margin -€12,160
down €12,160 (-84.1%), from €14,456 to €2,296
- Staff costs +€6,894
up €6,894 (+172%), from €3,999 to €10,893
- Depreciation +€1,248
up €1,248 (+18.6%), from €6,728 to €7,977
- Financial charges -€923
down €923 (-14.5%), from €6,374 to €5,451
- Other operating charges +€196
up €196 (+36.2%), from €542 to €738
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 | €78,268 | €52,020 | -€26,248 | -33.5% |
| Fixed assets | 21/28 | €22,426 | €15,698 | -€6,728 | -30.0% |
| Tangible fixed assets | 22/27 | €21,808 | €15,079 | -€6,728 | -30.9% |
| Furniture and vehicles | 24 | €21,808 | €15,079 | -€6,728 | -30.9% |
| Financial fixed assets | 28 | €619 | €619 | = | 0.0% |
| Current assets | 29/58 | €55,842 | €36,322 | -€19,520 | -35.0% |
| Stocks and contracts in progress | 3 | €2,393 | €2,522 | +€129 | +5.4% |
| Stocks | 30/36 | €2,393 | €2,522 | +€129 | +5.4% |
| Amounts receivable within one year | 40/41 | €43,707 | €25,888 | -€17,819 | -40.8% |
| Other amounts receivable | 41 | €43,707 | €25,888 | -€17,819 | -40.8% |
| Cash at bank and in hand | 54/58 | €9,742 | €7,912 | -€1,830 | -18.8% |
| Total equity and liabilities | 10/49 | €78,268 | €52,020 | -€26,248 | -33.5% |
| Equity | 10/15 | €15,250 | -€7,525 | -€22,775 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | - | -€6,197 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €9,053 | €9,053 | = | 0.0% |
| Non-distributable reserves | 130/1 | €524 | - | -€524 | |
| Legal reserve | 130 | €524 | - | -€524 | |
| Distributable reserves | 133 | €8,529 | €9,053 | +€524 | +6.1% |
| Profit (loss) carried forward | 14 | - | -€22,775 | -€22,775 | |
| Amounts payable | 17/49 | €63,018 | €59,545 | -€3,473 | -5.5% |
| Amounts payable after more than one year | 17 | €37,553 | €35,841 | -€1,711 | -4.6% |
| Financial debts | 170/4 | €37,553 | €35,841 | -€1,711 | -4.6% |
| Amounts payable within one year | 42/48 | €25,465 | €23,704 | -€1,761 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €11,837 | €11,763 | -€74 | -0.6% |
| Trade debts | 44 | €7,076 | €6,302 | -€774 | -10.9% |
| Suppliers | 440/4 | €7,076 | €6,302 | -€774 | -10.9% |
| Taxes, remuneration and social security | 45 | €6,552 | €5,638 | -€913 | -13.9% |
| Taxes | 450/3 | €6,323 | €5,638 | -€685 | -10.8% |
| Remuneration and social security | 454/9 | €229 | - | -€229 | |
| Remuneration, social security and pensions | 62 | €3,999 | €10,893 | +€6,894 | +172% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,728 | €7,977 | +€1,248 | +18.6% |
| Other operating charges | 640/8 | €542 | €738 | +€196 | +36.2% |
| Gross operating margin | 9900 | €14,456 | €2,296 | -€12,160 | -84.1% |
| Operating profit (loss) | 9901 | €3,186 | -€17,312 | -€20,499 | |
| Financial charges | 65/66B | €6,374 | €5,451 | -€923 | -14.5% |
| Recurring financial charges | 65 | €6,374 | €5,451 | -€923 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,187 | -€22,763 | -€19,576 | -614% |
| Income taxes | 67/77 | €22 | €12 | -€9 | -43.1% |
| Profit (loss) for the period | 9904 | -€3,209 | -€22,775 | -€19,566 | -610% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,209 | -€22,775 | -€19,566 | -610% |
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.