Crossfield: 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.
Crossfield
Largest movements
- Receivables within one year -€37,855
down €37,855 (-77.1%), from €49,111 to €11,255
of which Other amounts receivable: -€30,715
- Cash -€25,899
down €25,899 (-96.4%), from €26,857 to €958
mainly Net result for the year (-€57,614) and Trade debts (-€56,921)
- Intangible fixed assets -€12,395
down €12,395 (-34.8%), from €35,581 to €23,186
- Short-term financial debts +€80,000
new in 2025: €80,000
- Profit (loss) carried forward -€57,614
down €57,614 (-145%), from -€39,709 to -€97,323
- Trade debts -€56,921
down €56,921 (-94.5%), from €60,208 to €3,287
- Debts after one year -€19,846
down €19,846 (-47.3%), from €41,956 to €22,110
- Tax, wage and social debts -€18,818
down €18,818 (-37.4%), from €50,264 to €31,446
of which Remuneration and social security: -€12,313
- Gross operating margin -€112,733
down €112,733, from €79,234 to -€33,499
- Financial charges -€48,880
down €48,880 (-86.9%), from €56,227 to €7,346
of which Non-recurring financial charges: -€48,997
- Taxes -€3,988
down €3,988 (-86.7%), from €4,598 to €610
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 | €150,404 | €73,553 | -€76,851 | -51.1% |
| Fixed assets | 21/28 | €55,476 | €42,379 | -€13,097 | -23.6% |
| Intangible fixed assets | 21 | €35,581 | €23,186 | -€12,395 | -34.8% |
| Tangible fixed assets | 22/27 | €1,295 | €593 | -€702 | -54.2% |
| Plant, machinery and equipment | 23 | €1,295 | €593 | -€702 | -54.2% |
| Financial fixed assets | 28 | €18,600 | €18,600 | = | 0.0% |
| Current assets | 29/58 | €94,928 | €31,174 | -€63,754 | -67.2% |
| Amounts receivable within one year | 40/41 | €49,111 | €11,255 | -€37,855 | -77.1% |
| Trade receivables | 40 | €7,140 | - | -€7,140 | |
| Other amounts receivable | 41 | €41,971 | €11,255 | -€30,715 | -73.2% |
| Current investments | 50/53 | €17,707 | €17,707 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,857 | €958 | -€25,899 | -96.4% |
| Deferred charges and accrued income | 490/1 | €1,253 | €1,254 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €150,404 | €73,553 | -€76,851 | -51.1% |
| Equity | 10/15 | -€33,509 | -€91,123 | -€57,614 | -172% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,709 | -€97,323 | -€57,614 | -145% |
| Amounts payable | 17/49 | €183,913 | €164,676 | -€19,237 | -10.5% |
| Amounts payable after more than one year | 17 | €41,956 | €22,110 | -€19,846 | -47.3% |
| Financial debts | 170/4 | €41,956 | €22,110 | -€19,846 | -47.3% |
| Amounts payable within one year | 42/48 | €140,393 | €142,566 | +€2,173 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €24,907 | €19,831 | -€5,076 | -20.4% |
| Financial debts | 43 | - | €80,000 | +€80,000 | |
| Credit institutions | 430/8 | - | €80,000 | +€80,000 | |
| Trade debts | 44 | €60,208 | €3,287 | -€56,921 | -94.5% |
| Suppliers | 440/4 | €60,208 | €3,287 | -€56,921 | -94.5% |
| Taxes, remuneration and social security | 45 | €50,264 | €31,446 | -€18,818 | -37.4% |
| Taxes | 450/3 | €21,965 | €15,460 | -€6,506 | -29.6% |
| Remuneration and social security | 454/9 | €28,299 | €15,986 | -€12,313 | -43.5% |
| Other amounts payable | 47/48 | €5,014 | €8,002 | +€2,988 | +59.6% |
| Accrued charges and deferred income | 492/3 | €1,563 | - | -€1,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,097 | €13,097 | = | 0.0% |
| Other operating charges | 640/8 | €3,113 | €3,226 | +€113 | +3.6% |
| Gross operating margin | 9900 | €79,234 | -€33,499 | -€112,733 | |
| Operating profit (loss) | 9901 | €63,024 | -€49,822 | -€112,845 | |
| Financial income | 75/76B | - | €164 | +€164 | |
| Recurring financial income | 75 | - | €164 | +€164 | |
| Financial charges | 65/66B | €56,227 | €7,346 | -€48,880 | -86.9% |
| Recurring financial charges | 65 | €7,229 | €7,346 | +€117 | +1.6% |
| Non-recurring financial charges | 66B | €48,997 | - | -€48,997 | |
| Profit (loss) for the period before taxes | 9903 | €6,797 | -€57,004 | -€63,801 | |
| Income taxes | 67/77 | €4,598 | €610 | -€3,988 | -86.7% |
| Profit (loss) for the period | 9904 | €2,199 | -€57,614 | -€59,813 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,199 | -€57,614 | -€59,813 |
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.