CROSSBOW: 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.
CROSSBOW
Largest movements
- Tangible fixed assets +€59,293
up €59,293 (+5.0%), from €1.2m to €1.3m
of which Furniture and vehicles: +€61,846
- Receivables within one year -€50,395
down €50,395 (-19.9%), from €253,652 to €203,257
of which Trade receivables: -€44,356
- Reserves -€518,668
down €518,668 (-29.6%), from €1.8m to €1.2m
- Other debts +€488,030
up €488,030, from €0 to €488,030
- Tax, wage and social debts +€29,228
up €29,228 (+224.1%), from €13,040 to €42,267
of which Taxes: +€29,912
- Gross operating margin +€16,456
up €16,456 (+48.3%), from €34,091 to €50,547
- Depreciation +€14,090
up €14,090 (+507.5%), from €2,777 to €16,867
- Financial income -€7,815
down €7,815 (-65.6%), from €11,916 to €4,101
- Taxes -€4,995
down €4,995 (-45.7%), from €10,922 to €5,927
- Other operating charges +€2,599
up €2,599 (+59.1%), from €4,394 to €6,992
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.
Cash bridge derived
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 | €1,788,778 | €1,785,878 | -€2,900 | -0.2% |
| Fixed assets | 21/28 | €1,197,672 | €1,256,965 | +€59,293 | +5.0% |
| Tangible fixed assets | 22/27 | €1,197,672 | €1,256,965 | +€59,293 | +5.0% |
| Land and buildings | 22 | €437,100 | €435,510 | -€1,590 | -0.4% |
| Plant, machinery and equipment | 23 | €2,862 | €1,899 | -€963 | -33.6% |
| Furniture and vehicles | 24 | - | €61,846 | +€61,846 | |
| Other tangible fixed assets | 26 | €757,710 | €757,710 | = | 0.0% |
| Current assets | 29/58 | €591,106 | €528,913 | -€62,193 | -10.5% |
| Amounts receivable within one year | 40/41 | €253,652 | €203,257 | -€50,395 | -19.9% |
| Trade receivables | 40 | €77,686 | €33,330 | -€44,356 | -57.1% |
| Other amounts receivable | 41 | €175,967 | €169,927 | -€6,039 | -3.4% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,281 | €120,991 | -€13,290 | -9.9% |
| Deferred charges and accrued income | 490/1 | €3,173 | €4,665 | +€1,492 | +47.0% |
| Total equity and liabilities | 10/49 | €1,788,778 | €1,785,878 | -€2,900 | -0.2% |
| Equity | 10/15 | €1,765,219 | €1,246,550 | -€518,668 | -29.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,750,219 | €1,231,550 | -€518,668 | -29.6% |
| Distributable reserves | 133 | €1,750,219 | €1,231,550 | -€518,668 | -29.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,560 | €539,328 | +€515,768 | +2189.2% |
| Amounts payable within one year | 42/48 | €23,560 | €538,967 | +€515,408 | +2187.7% |
| Financial debts | 43 | - | €431 | +€431 | |
| Credit institutions | 430/8 | - | €431 | +€431 | |
| Trade debts | 44 | €10,520 | €8,239 | -€2,281 | -21.7% |
| Suppliers | 440/4 | €10,520 | €8,239 | -€2,281 | -21.7% |
| Taxes, remuneration and social security | 45 | €13,040 | €42,267 | +€29,228 | +224.1% |
| Taxes | 450/3 | €7,429 | €37,341 | +€29,912 | +402.6% |
| Remuneration and social security | 454/9 | €5,611 | €4,926 | -€685 | -12.2% |
| Other amounts payable | 47/48 | €0 | €488,030 | +€488,030 | |
| Accrued charges and deferred income | 492/3 | - | €360 | +€360 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €28,251 | €29,442 | +€1,191 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,777 | €16,867 | +€14,090 | +507.5% |
| Other operating charges | 640/8 | €4,394 | €6,992 | +€2,599 | +59.1% |
| Gross operating margin | 9900 | €34,091 | €50,547 | +€16,456 | +48.3% |
| Operating profit (loss) | 9901 | -€1,331 | -€2,754 | -€1,423 | -107.0% |
| Financial income | 75/76B | €11,916 | €4,101 | -€7,815 | -65.6% |
| Recurring financial income | 75 | €11,916 | €4,101 | -€7,815 | -65.6% |
| Financial charges | 65/66B | €1,904 | €373 | -€1,531 | -80.4% |
| Recurring financial charges | 65 | €1,904 | €373 | -€1,531 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €8,681 | €974 | -€7,708 | -88.8% |
| Income taxes | 67/77 | €10,922 | €5,927 | -€4,995 | -45.7% |
| Profit (loss) for the period | 9904 | -€2,240 | -€4,953 | -€2,713 | -121.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,240 | -€4,953 | -€2,713 | -121.1% |
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 12 October 2026 via checked.be.