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CROQUESTAR: what changed

Two fiscal 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.

What changed

CROQUESTAR

BE 0750.836.418
NACE 74.120, Graphic design and visual communication
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€44,031
2024 · €5,865-€49,896
Equity
-€41,543
2024 · €2,488-€44,031
Cash
€11,148
2024 · €45,498-€34,350
Balance sheet total
€46,659
2024 · €49,740-€3,081

Largest movements

2024 to 2025
Assets
  • Cash -€34,350

    down €34,350 (-75.5%), from €45,498 to €11,148

    mainly Net result for the year (-€44,031) and Receivables within one year (-€31,046)

  • Receivables within one year +€31,046

    up €31,046 (+731.9%), from €4,242 to €35,288

    of which Other amounts receivable: +€22,819

Equity and liabilities
  • Profit (loss) carried forward -€44,031

    down €44,031 (-586.2%), from -€7,512 to -€51,543

  • Trade debts +€26,993

    up €26,993 (+67.7%), from €39,869 to €66,861

  • Tax, wage and social debts +€20,563

    new in 2025: €20,563

  • Other debts -€6,606

    down €6,606 (-89.5%), from €7,383 to €777

Income statement
  • Gross operating margin -€54,020

    down €54,020, from €11,386 to -€42,635

  • Other operating charges -€4,271

    down €4,271 (-90.9%), from €4,697 to €427

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €5,865
Gross operating margin -€54,020
Other operating charges +€4,271
Financial income +€3
Financial charges -€150
Result 2025 -€44,031

Cash bridge derived

cash 2024 to 2025

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.

From operations -€34,350
Investment €0
Financing €0
Cash 2024 €45,498
Net result for the year -€44,031
Receivables within one year -€31,046
Deferred charges and accrued income -€222
Trade debts +€26,993
Tax, wage and social debts +€20,563
Other debts -€6,606
Cash 2025 €11,148
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €49,740 €46,659 -€3,081 -6.2%
Current assets 29/58 €49,740 €46,659 -€3,081 -6.2%
Amounts receivable within one year 40/41 €4,242 €35,288 +€31,046 +731.9%
Trade receivables 40 €108 €8,335 +€8,227 +7643.4%
Other amounts receivable 41 €4,134 €26,953 +€22,819 +551.9%
Cash at bank and in hand 54/58 €45,498 €11,148 -€34,350 -75.5%
Deferred charges and accrued income 490/1 - €222 +€222
Total equity and liabilities 10/49 €49,740 €46,659 -€3,081 -6.2%
Equity 10/15 €2,488 -€41,543 -€44,031
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€7,512 -€51,543 -€44,031 -586.2%
Amounts payable 17/49 €47,252 €88,202 +€40,950 +86.7%
Amounts payable within one year 42/48 €47,252 €88,202 +€40,950 +86.7%
Trade debts 44 €39,869 €66,861 +€26,993 +67.7%
Suppliers 440/4 €39,869 €66,861 +€26,993 +67.7%
Taxes, remuneration and social security 45 - €20,563 +€20,563
Taxes 450/3 - €20,563 +€20,563
Other amounts payable 47/48 €7,383 €777 -€6,606 -89.5%
Other operating charges 640/8 €4,697 €427 -€4,271 -90.9%
Gross operating margin 9900 €11,386 -€42,635 -€54,020
Operating profit (loss) 9901 €6,688 -€43,061 -€49,750
Financial income 75/76B €3 €7 +€3 +97.6%
Recurring financial income 75 €3 €7 +€3 +97.6%
Financial charges 65/66B €827 €977 +€150 +18.1%
Recurring financial charges 65 €827 €977 +€150 +18.1%
Profit (loss) for the period before taxes 9903 €5,865 -€44,031 -€49,896
Profit (loss) for the period 9904 €5,865 -€44,031 -€49,896
Profit (loss) for the period to be appropriated 9905 €5,865 -€44,031 -€49,896

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.