Croque & Co: 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 & Co
Largest movements
- Tangible fixed assets +€52,593
up €52,593 (+69.2%), from €76,026 to €128,620
of which Land and buildings: +€28,609
- Current investments -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash -€4,064
down €4,064 (-9.8%), from €41,620 to €37,556
mainly Investment in fixed assets (net) (-€72,053) and Tax, wage and social debts (-€9,129)
- Receivables within one year +€3,268
up €3,268 (+11.1%), from €29,343 to €32,611
of which Trade receivables: +€11,343
- Deferred charges and accrued income +€2,730
up €2,730 (+246%), from €1,111 to €3,840
- Trade debts +€25,110
up €25,110 (+570%), from €4,404 to €29,514
- Debts after one year +€18,158
up €18,158 (+36.6%), from €49,656 to €67,814
- Tax, wage and social debts -€9,129
down €9,129 (-47.9%), from €19,061 to €9,931
of which Taxes: -€7,615
- Current portion of long-term debt +€5,837
up €5,837 (+141%), from €4,137 to €9,974
- Short-term financial debts +€2,938
up €2,938, from €0 to €2,938
- Staff costs -€4,051
down €4,051 (-6.6%), from €61,689 to €57,638
- Financial charges -€1,816
down €1,816 (-30.1%), from €6,039 to €4,223
- Other operating charges +€1,780
up €1,780 (+36.2%), from €4,917 to €6,697
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 | €178,378 | €218,706 | +€40,328 | +22.6% |
| Fixed assets | 21/28 | €87,398 | €139,991 | +€52,593 | +60.2% |
| Tangible fixed assets | 22/27 | €76,026 | €128,620 | +€52,593 | +69.2% |
| Land and buildings | 22 | €50,112 | €78,720 | +€28,609 | +57.1% |
| Plant, machinery and equipment | 23 | €1,979 | €3,478 | +€1,499 | +75.7% |
| Furniture and vehicles | 24 | €2,643 | €9,811 | +€7,169 | +271% |
| Other tangible fixed assets | 26 | €21,293 | €36,610 | +€15,317 | +71.9% |
| Financial fixed assets | 28 | €11,372 | €11,372 | = | 0.0% |
| Current assets | 29/58 | €90,980 | €78,715 | -€12,265 | -13.5% |
| Stocks and contracts in progress | 3 | €3,906 | €4,708 | +€802 | +20.5% |
| Stocks | 30/36 | €3,906 | €4,708 | +€802 | +20.5% |
| Amounts receivable within one year | 40/41 | €29,343 | €32,611 | +€3,268 | +11.1% |
| Trade receivables | 40 | €14,955 | €26,298 | +€11,343 | +75.8% |
| Other amounts receivable | 41 | €14,388 | €6,314 | -€8,074 | -56.1% |
| Current investments | 50/53 | €15,000 | €0 | -€15,000 | -100% |
| Cash at bank and in hand | 54/58 | €41,620 | €37,556 | -€4,064 | -9.8% |
| Deferred charges and accrued income | 490/1 | €1,111 | €3,840 | +€2,730 | +246% |
| Total equity and liabilities | 10/49 | €178,378 | €218,706 | +€40,328 | +22.6% |
| Equity | 10/15 | €97,675 | €97,502 | -€173 | -0.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €66,650 | €66,500 | -€150 | -0.2% |
| Distributable reserves | 133 | €66,650 | €66,500 | -€150 | -0.2% |
| Profit (loss) carried forward | 14 | €25 | €2 | -€23 | -92.4% |
| Amounts payable | 17/49 | €80,703 | €121,205 | +€40,502 | +50.2% |
| Amounts payable after more than one year | 17 | €49,656 | €67,814 | +€18,158 | +36.6% |
| Financial debts | 170/4 | €49,656 | €67,814 | +€18,158 | +36.6% |
| Amounts payable within one year | 42/48 | €29,442 | €53,390 | +€23,948 | +81.3% |
| Current portion of amounts payable after more than one year | 42 | €4,137 | €9,974 | +€5,837 | +141% |
| Financial debts | 43 | €0 | €2,938 | +€2,938 | |
| Credit institutions | 430/8 | €0 | €2,938 | +€2,938 | |
| Trade debts | 44 | €4,404 | €29,514 | +€25,110 | +570% |
| Suppliers | 440/4 | €4,404 | €29,514 | +€25,110 | +570% |
| Advances received on contracts in progress | 46 | €625 | €160 | -€465 | -74.4% |
| Taxes, remuneration and social security | 45 | €19,061 | €9,931 | -€9,129 | -47.9% |
| Taxes | 450/3 | €8,817 | €1,201 | -€7,615 | -86.4% |
| Remuneration and social security | 454/9 | €10,244 | €8,730 | -€1,514 | -14.8% |
| Other amounts payable | 47/48 | €1,216 | €873 | -€343 | -28.2% |
| Accrued charges and deferred income | 492/3 | €1,604 | €0 | -€1,604 | -100% |
| Non-recurring operating income | 76A | - | €35,000 | +€35,000 | |
| Remuneration, social security and pensions | 62 | €61,689 | €57,638 | -€4,051 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,728 | €19,460 | -€268 | -1.4% |
| Other operating charges | 640/8 | €4,917 | €6,697 | +€1,780 | +36.2% |
| Gross operating margin | 9900 | €86,594 | €86,693 | +€99 | +0.1% |
| Operating profit (loss) | 9901 | €260 | €2,898 | +€2,638 | +1,014% |
| Financial income | 75/76B | €1,516 | €1,461 | -€55 | -3.6% |
| Recurring financial income | 75 | €1,516 | €1,461 | -€55 | -3.6% |
| Financial charges | 65/66B | €6,039 | €4,223 | -€1,816 | -30.1% |
| Recurring financial charges | 65 | €6,039 | €4,223 | -€1,816 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,263 | €136 | +€4,399 | |
| Income taxes | 67/77 | -€30 | €309 | +€339 | |
| Profit (loss) for the period | 9904 | -€4,233 | -€173 | +€4,060 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,233 | -€173 | +€4,060 | +95.9% |
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 17 October 2026 via checked.be.