CROSS-COUNTRY: 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.
CROSS-COUNTRY
Largest movements
- Cash -€234,425
down €234,425 (-87.2%), from €268,743 to €34,318
mainly Current investments (-€221,579) and Debts after one year (-€36,400)
- Current investments +€221,579
new in 2025: €221,579
- Tangible fixed assets -€19,535
down €19,535 (-22.0%), from €88,677 to €69,142
of which Furniture and vehicles: -€12,798
- Debts after one year -€36,400
down €36,400 (-25.9%), from €140,500 to €104,100
- Reserves +€11,370
up €11,370 (+8.7%), from €130,820 to €142,190
- Trade debts -€4,488
down €4,488 (-61.4%), from €7,310 to €2,823
- Other debts -€4,012
down €4,012 (-70.4%), from €5,703 to €1,691
- Depreciation +€6,895
up €6,895 (+40.3%), from €17,126 to €24,021
- Financial income +€2,753
up €2,753 (+314%), from €878 to €3,631
- Financial charges -€1,874
down €1,874 (-17.2%), from €10,872 to €8,998
- Staff costs +€1,835
up €1,835 (+4.3%), from €42,940 to €44,775
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 | €370,512 | €337,287 | -€33,225 | -9.0% |
| Fixed assets | 21/28 | €88,863 | €69,328 | -€19,535 | -22.0% |
| Tangible fixed assets | 22/27 | €88,677 | €69,142 | -€19,535 | -22.0% |
| Plant, machinery and equipment | 23 | €17,465 | €12,531 | -€4,934 | -28.3% |
| Furniture and vehicles | 24 | €62,179 | €49,381 | -€12,798 | -20.6% |
| Other tangible fixed assets | 26 | €9,034 | €7,231 | -€1,803 | -20.0% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €281,649 | €267,959 | -€13,690 | -4.9% |
| Amounts receivable within one year | 40/41 | €10,939 | €9,897 | -€1,041 | -9.5% |
| Trade receivables | 40 | €2,962 | €2,759 | -€203 | -6.8% |
| Other amounts receivable | 41 | €7,977 | €7,138 | -€838 | -10.5% |
| Current investments | 50/53 | - | €221,579 | +€221,579 | |
| Cash at bank and in hand | 54/58 | €268,743 | €34,318 | -€234,425 | -87.2% |
| Deferred charges and accrued income | 490/1 | €1,967 | €2,165 | +€197 | +10.0% |
| Total equity and liabilities | 10/49 | €370,512 | €337,287 | -€33,225 | -9.0% |
| Equity | 10/15 | €190,862 | €202,239 | +€11,377 | +6.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €130,820 | €142,190 | +€11,370 | +8.7% |
| Distributable reserves | 133 | €130,820 | €142,190 | +€11,370 | +8.7% |
| Profit (loss) carried forward | 14 | €42 | €49 | +€7 | +17.2% |
| Amounts payable | 17/49 | €179,650 | €135,047 | -€44,603 | -24.8% |
| Amounts payable after more than one year | 17 | €140,500 | €104,100 | -€36,400 | -25.9% |
| Financial debts | 170/4 | €140,500 | €104,100 | -€36,400 | -25.9% |
| Amounts payable within one year | 42/48 | €28,710 | €21,926 | -€6,784 | -23.6% |
| Trade debts | 44 | €7,310 | €2,823 | -€4,488 | -61.4% |
| Suppliers | 440/4 | €7,310 | €2,823 | -€4,488 | -61.4% |
| Taxes, remuneration and social security | 45 | €15,697 | €17,413 | +€1,716 | +10.9% |
| Taxes | 450/3 | €10,032 | €11,404 | +€1,373 | +13.7% |
| Remuneration and social security | 454/9 | €5,665 | €6,008 | +€343 | +6.1% |
| Other amounts payable | 47/48 | €5,703 | €1,691 | -€4,012 | -70.4% |
| Accrued charges and deferred income | 492/3 | €10,440 | €9,021 | -€1,419 | -13.6% |
| Non-recurring operating income | 76A | €5,500 | €1,200 | -€4,300 | -78.2% |
| Remuneration, social security and pensions | 62 | €42,940 | €44,775 | +€1,835 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,126 | €24,021 | +€6,895 | +40.3% |
| Other operating charges | 640/8 | €1,193 | €840 | -€353 | -29.6% |
| Gross operating margin | 9900 | €93,925 | €93,240 | -€685 | -0.7% |
| Operating profit (loss) | 9901 | €32,666 | €23,604 | -€9,062 | -27.7% |
| Financial income | 75/76B | €878 | €3,631 | +€2,753 | +314% |
| Recurring financial income | 75 | €878 | €3,631 | +€2,753 | +314% |
| Financial charges | 65/66B | €10,872 | €8,998 | -€1,874 | -17.2% |
| Recurring financial charges | 65 | €10,872 | €8,998 | -€1,874 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €22,671 | €18,237 | -€4,435 | -19.6% |
| Income taxes | 67/77 | €7,331 | €6,859 | -€472 | -6.4% |
| Profit (loss) for the period | 9904 | €15,340 | €11,377 | -€3,963 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,340 | €11,377 | -€3,963 | -25.8% |
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 29 October 2026 via checked.be.