CROSSFLOW: 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.
CROSSFLOW
Largest movements
- Receivables within one year +€11,439
up €11,439 (+10.2%), from €112,389 to €123,828
of which Trade receivables: +€11,120
- Cash +€9,563
new in 2025: €9,563
mainly Trade debts (+€47,341) and Depreciation (+€4,910)
- Trade debts +€47,341
up €47,341 (+170%), from €27,773 to €75,114
- Short-term financial debts -€10,489
down €10,489 (-100%), from €10,489 to €0
- Other debts -€10,000
down €10,000 (-100%), from €10,000 to €0
- Tax, wage and social debts -€5,491
down €5,491 (-62.5%), from €8,786 to €3,295
- Reserves -€1,482
down €1,482 (-3.0%), from €50,242 to €48,760
- Write-downs +€9,570
up €9,570, from -€679 to €8,891
- Depreciation -€6,237
down €6,237 (-56.0%), from €11,147 to €4,910
- Gross operating margin -€4,233
down €4,233 (-23.6%), from €17,948 to €13,716
- Taxes -€1,319
down €1,319 (-100%), from €1,319 to €0
- Financial charges -€954
down €954 (-49.0%), from €1,946 to €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.
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 | €126,278 | €146,169 | +€19,892 | +15.8% |
| Fixed assets | 21/28 | €13,633 | €12,485 | -€1,149 | -8.4% |
| Intangible fixed assets | 21 | €13,633 | €12,485 | -€1,149 | -8.4% |
| Current assets | 29/58 | €112,645 | €133,685 | +€21,040 | +18.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €112,389 | €123,828 | +€11,439 | +10.2% |
| Trade receivables | 40 | €108,708 | €119,828 | +€11,120 | +10.2% |
| Other amounts receivable | 41 | €3,681 | €4,000 | +€319 | +8.7% |
| Cash at bank and in hand | 54/58 | - | €9,563 | +€9,563 | |
| Deferred charges and accrued income | 490/1 | €256 | €295 | +€39 | +15.2% |
| Total equity and liabilities | 10/49 | €126,278 | €146,169 | +€19,892 | +15.8% |
| Equity | 10/15 | €68,842 | €67,360 | -€1,482 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,242 | €48,760 | -€1,482 | -3.0% |
| Distributable reserves | 133 | €50,242 | €48,760 | -€1,482 | -3.0% |
| Amounts payable | 17/49 | €57,435 | €78,809 | +€21,374 | +37.2% |
| Amounts payable within one year | 42/48 | €57,048 | €78,410 | +€21,361 | +37.4% |
| Financial debts | 43 | €10,489 | €0 | -€10,489 | -100% |
| Credit institutions | 430/8 | €10,489 | €0 | -€10,489 | -100% |
| Trade debts | 44 | €27,773 | €75,114 | +€47,341 | +170% |
| Suppliers | 440/4 | €27,773 | €75,114 | +€47,341 | +170% |
| Taxes, remuneration and social security | 45 | €8,786 | €3,295 | -€5,491 | -62.5% |
| Taxes | 450/3 | €8,786 | €3,295 | -€5,491 | -62.5% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,147 | €4,910 | -€6,237 | -56.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€679 | €8,891 | +€9,570 | |
| Other operating charges | 640/8 | €568 | €544 | -€24 | -4.3% |
| Gross operating margin | 9900 | €17,948 | €13,716 | -€4,233 | -23.6% |
| Operating profit (loss) | 9901 | €6,912 | -€629 | -€7,541 | |
| Financial income | 75/76B | €80 | €139 | +€58 | +72.8% |
| Recurring financial income | 75 | €80 | €139 | +€58 | +72.8% |
| Financial charges | 65/66B | €1,946 | €992 | -€954 | -49.0% |
| Recurring financial charges | 65 | €1,946 | €992 | -€954 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €5,046 | -€1,482 | -€6,528 | |
| Income taxes | 67/77 | €1,319 | €0 | -€1,319 | -100% |
| Profit (loss) for the period | 9904 | €3,726 | -€1,482 | -€5,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,726 | -€1,482 | -€5,209 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.