CROSSFACTORY: 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.
CROSSFACTORY
Largest movements
- Tangible fixed assets +€2.7m
up €2.7m (+165%), from €1.6m to €4.3m
of which Land and buildings: +€3.9m
- Debts after one year +€2.8m
up €2.8m (+205%), from €1.4m to €4.1m
- Profit (loss) carried forward -€201,982
down €201,982 (-745%), from -€27,108 to -€229,090
- Trade debts +€85,034
up €85,034 (+10,787%), from €788 to €85,823
- Financial charges +€98,579
up €98,579 (+742%), from €13,289 to €111,867
- Depreciation +€49,847
up €49,847 (+276%), from €18,093 to €67,940
- Gross operating margin +€8,644
up €8,644 (+38.8%), from -€22,292 to -€13,649
- Financial income +€3,567
up €3,567 (+35,674,900%), from €0 to €3,568
- Other operating charges +€261
up €261 (+2.2%), from €11,833 to €12,094
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 | €1,658,790 | €4,317,225 | +€2.7m | +160% |
| Fixed assets | 21/28 | €1,620,685 | €4,273,487 | +€2.7m | +164% |
| Tangible fixed assets | 22/27 | €1,605,148 | €4,257,950 | +€2.7m | +165% |
| Land and buildings | 22 | €313,571 | €4,256,395 | +€3.9m | +1,257% |
| Furniture and vehicles | 24 | €2,155 | €1,555 | -€600 | -27.8% |
| Assets under construction and advance payments | 27 | €1,289,423 | €0 | -€1.3m | -100% |
| Financial fixed assets | 28 | €15,537 | €15,537 | = | 0.0% |
| Current assets | 29/58 | €38,105 | €43,738 | +€5,633 | +14.8% |
| Amounts receivable within one year | 40/41 | €6,098 | €22,164 | +€16,066 | +263% |
| Trade receivables | 40 | - | €21,093 | +€21,093 | |
| Other amounts receivable | 41 | €6,098 | €1,070 | -€5,027 | -82.4% |
| Cash at bank and in hand | 54/58 | €31,043 | €16,467 | -€14,576 | -47.0% |
| Deferred charges and accrued income | 490/1 | €964 | €5,108 | +€4,144 | +430% |
| Total equity and liabilities | 10/49 | €1,658,790 | €4,317,225 | +€2.7m | +160% |
| Equity | 10/15 | €308,002 | €106,020 | -€201,982 | -65.6% |
| Contributions | 10/11 | €100,100 | €100,100 | = | 0.0% |
| Capital | 10 | €100,100 | €100,100 | = | 0.0% |
| Issued capital | 100 | €100,100 | €100,100 | = | 0.0% |
| Reserves | 13 | €235,010 | €235,010 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,010 | €10,010 | = | 0.0% |
| Legal reserve | 130 | €10,010 | €10,010 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,108 | -€229,090 | -€201,982 | -745% |
| Amounts payable | 17/49 | €1,350,788 | €4,211,205 | +€2.9m | +212% |
| Amounts payable after more than one year | 17 | €1,350,000 | €4,120,000 | +€2.8m | +205% |
| Financial debts | 170/4 | €1,350,000 | €4,120,000 | +€2.8m | +205% |
| Amounts payable within one year | 42/48 | €788 | €91,205 | +€90,416 | +11,469% |
| Trade debts | 44 | €788 | €85,823 | +€85,034 | +10,787% |
| Suppliers | 440/4 | €788 | €85,823 | +€85,034 | +10,787% |
| Taxes, remuneration and social security | 45 | - | €5,382 | +€5,382 | |
| Taxes | 450/3 | - | €5,382 | +€5,382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,093 | €67,940 | +€49,847 | +276% |
| Other operating charges | 640/8 | €11,833 | €12,094 | +€261 | +2.2% |
| Gross operating margin | 9900 | -€22,292 | -€13,649 | +€8,644 | +38.8% |
| Operating profit (loss) | 9901 | -€52,218 | -€93,682 | -€41,464 | -79.4% |
| Financial income | 75/76B | €0 | €3,568 | +€3,567 | +35,674,900% |
| Recurring financial income | 75 | €0 | €3,568 | +€3,567 | +35,674,900% |
| Financial charges | 65/66B | €13,289 | €111,867 | +€98,579 | +742% |
| Recurring financial charges | 65 | €13,289 | €111,867 | +€98,579 | +742% |
| Profit (loss) for the period before taxes | 9903 | -€65,506 | -€201,982 | -€136,475 | -208% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | -€65,506 | -€201,982 | -€136,475 | -208% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,506 | -€201,982 | -€136,475 | -208% |
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 13 October 2026 via checked.be.