CROSSGATE: what changed
Two fiscal 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.
CROSSGATE
Largest movements
- Receivables within one year -€110,546
down €110,546 (-51.0%), from €216,551 to €106,005
of which Trade receivables: -€85,115
- Cash +€58,187
up €58,187 (+47.0%), from €123,762 to €181,949
mainly Debts after one year (+€224,571) and Receivables within one year (+€110,546)
- Tangible fixed assets -€27,020
down €27,020 (-2.7%), from €1.0m to €991,590
of which Land and buildings: -€56,454
- Profit (loss) carried forward -€247,016
down €247,016 (-10.4%), from -€2.4m to -€2.6m
- Debts after one year +€224,571
up €224,571 (+9.7%), from €2.3m to €2.5m
of which Other amounts payable: +€265,433
- Trade debts -€150,954
down €150,954 (-26.7%), from €564,655 to €413,702
- Accrued charges and deferred income +€73,418
up €73,418 (+805.4%), from €9,116 to €82,534
- Other debts +€14,565
up €14,565 (+16.4%), from €88,827 to €103,392
- Turnover -€2.2m
no longer reported in 2025 (was €2.2m)
- Purchases and services -€1.3m
no longer reported in 2025 (was €1.3m)
- Staff costs +€57,071
up €57,071 (+8.0%), from €714,613 to €771,684
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 | €1,385,879 | €1,307,658 | -€78,221 | -5.6% |
| Fixed assets | 21/28 | €1,021,709 | €994,689 | -€27,020 | -2.6% |
| Tangible fixed assets | 22/27 | €1,018,610 | €991,590 | -€27,020 | -2.7% |
| Land and buildings | 22 | €944,924 | €888,471 | -€56,454 | -6.0% |
| Plant, machinery and equipment | 23 | €62,426 | €96,630 | +€34,204 | +54.8% |
| Furniture and vehicles | 24 | €7,754 | €4,152 | -€3,602 | -46.5% |
| Other tangible fixed assets | 26 | €3,506 | €2,337 | -€1,169 | -33.3% |
| Financial fixed assets | 28 | €3,099 | €3,099 | = | 0.0% |
| Current assets | 29/58 | €364,170 | €312,969 | -€51,201 | -14.1% |
| Stocks and contracts in progress | 3 | €13,874 | €14,611 | +€737 | +5.3% |
| Stocks | 30/36 | €13,874 | €14,611 | +€737 | +5.3% |
| Amounts receivable within one year | 40/41 | €216,551 | €106,005 | -€110,546 | -51.0% |
| Trade receivables | 40 | €92,369 | €7,255 | -€85,115 | -92.1% |
| Other amounts receivable | 41 | €124,181 | €98,750 | -€25,431 | -20.5% |
| Cash at bank and in hand | 54/58 | €123,762 | €181,949 | +€58,187 | +47.0% |
| Deferred charges and accrued income | 490/1 | €9,984 | €10,404 | +€421 | +4.2% |
| Total equity and liabilities | 10/49 | €1,385,879 | €1,307,658 | -€78,221 | -5.6% |
| Equity | 10/15 | -€1,712,814 | -€1,959,831 | -€247,016 | -14.4% |
| Contributions | 10/11 | €280,000 | €280,000 | = | 0.0% |
| Capital | 10 | €280,000 | €280,000 | = | 0.0% |
| Issued capital | 100 | €280,000 | €280,000 | = | 0.0% |
| Revaluation surpluses | 12 | €382,940 | €382,940 | = | 0.0% |
| Reserves | 13 | €764 | €764 | = | 0.0% |
| Non-distributable reserves | 130/1 | €206 | €206 | = | 0.0% |
| Legal reserve | 130 | €206 | €206 | = | 0.0% |
| Distributable reserves | 133 | €558 | €558 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,376,519 | -€2,623,535 | -€247,016 | -10.4% |
| Amounts payable | 17/49 | €3,098,694 | €3,267,489 | +€168,795 | +5.4% |
| Amounts payable after more than one year | 17 | €2,325,092 | €2,549,662 | +€224,571 | +9.7% |
| Financial debts | 170/4 | €146,282 | €105,420 | -€40,862 | -27.9% |
| Other amounts payable | 178/9 | €2,178,810 | €2,444,242 | +€265,433 | +12.2% |
| Amounts payable within one year | 42/48 | €764,486 | €635,292 | -€129,194 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €37,649 | €40,862 | +€3,213 | +8.5% |
| Trade debts | 44 | €564,655 | €413,702 | -€150,954 | -26.7% |
| Suppliers | 440/4 | €564,655 | €413,702 | -€150,954 | -26.7% |
| Taxes, remuneration and social security | 45 | €73,354 | €77,336 | +€3,982 | +5.4% |
| Taxes | 450/3 | €6,049 | €5,719 | -€329 | -5.4% |
| Remuneration and social security | 454/9 | €67,305 | €71,617 | +€4,311 | +6.4% |
| Other amounts payable | 47/48 | €88,827 | €103,392 | +€14,565 | +16.4% |
| Accrued charges and deferred income | 492/3 | €9,116 | €82,534 | +€73,418 | +805.4% |
| Turnover | 70 | €2,222,828 | - | -€2.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,312,091 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €714,613 | €771,684 | +€57,071 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,387 | €87,601 | +€5,214 | +6.3% |
| Other operating charges | 640/8 | €183,634 | €195,287 | +€11,653 | +6.3% |
| Non-recurring operating charges | 66A | €80 | €0 | -€80 | -100.0% |
| Gross operating margin | 9900 | €918,574 | €904,144 | -€14,430 | -1.6% |
| Operating profit (loss) | 9901 | -€62,139 | -€150,427 | -€88,288 | -142.1% |
| Financial income | 75/76B | €4,503 | €3,478 | -€1,025 | -22.8% |
| Recurring financial income | 75 | €4,503 | €3,478 | -€1,025 | -22.8% |
| Financial charges | 65/66B | €100,989 | €100,067 | -€922 | -0.9% |
| Recurring financial charges | 65 | €100,989 | €100,067 | -€922 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€158,625 | -€247,016 | -€88,392 | -55.7% |
| Profit (loss) for the period | 9904 | -€158,625 | -€247,016 | -€88,392 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,625 | -€247,016 | -€88,392 | -55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.