CROSSHAIR ENGINEERING: 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.
CROSSHAIR ENGINEERING
Largest movements
- Cash -€122,300
down €122,300 (-73.2%), from €167,084 to €44,785
mainly Other debts (-€192,452) and Debts after one year (-€44,623)
- Current investments -€65,000
down €65,000 (-81.3%), from €80,000 to €15,000
- Tangible fixed assets -€31,933
down €31,933 (-8.4%), from €379,071 to €347,138
of which Land and buildings: -€27,578
- Receivables within one year -€10,611
down €10,611 (-51.3%), from €20,666 to €10,055
of which Other amounts receivable: -€7,583
- Other debts -€192,452
down €192,452 (-78.8%), from €244,158 to €51,706
- Debts after one year -€44,623
down €44,623 (-16.9%), from €263,891 to €219,267
- Gross operating margin -€62,362
down €62,362 (-55.6%), from €112,176 to €49,814
- Taxes -€11,549
down €11,549 (-97.8%), from €11,813 to €264
- Financial income +€5,516
up €5,516 (+76.3%), from €7,226 to €12,743
- Staff costs +€4,394
up €4,394 (+23.6%), from €18,594 to €22,989
- Financial charges -€1,843
down €1,843 (-21.2%), from €8,708 to €6,865
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 | €649,877 | €420,032 | -€229,845 | -35.4% |
| Fixed assets | 21/28 | €379,071 | €347,138 | -€31,933 | -8.4% |
| Tangible fixed assets | 22/27 | €379,071 | €347,138 | -€31,933 | -8.4% |
| Land and buildings | 22 | €366,972 | €339,394 | -€27,578 | -7.5% |
| Plant, machinery and equipment | 23 | €5,039 | €3,292 | -€1,746 | -34.7% |
| Furniture and vehicles | 24 | €7,060 | €4,452 | -€2,608 | -36.9% |
| Current assets | 29/58 | €270,806 | €72,894 | -€197,912 | -73.1% |
| Amounts receivable within one year | 40/41 | €20,666 | €10,055 | -€10,611 | -51.3% |
| Trade receivables | 40 | €10,729 | €7,700 | -€3,029 | -28.2% |
| Other amounts receivable | 41 | €9,937 | €2,355 | -€7,583 | -76.3% |
| Current investments | 50/53 | €80,000 | €15,000 | -€65,000 | -81.3% |
| Cash at bank and in hand | 54/58 | €167,084 | €44,785 | -€122,300 | -73.2% |
| Deferred charges and accrued income | 490/1 | €3,055 | €3,054 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €649,877 | €420,032 | -€229,845 | -35.4% |
| Equity | 10/15 | €80,193 | €79,344 | -€849 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,733 | €58,884 | -€849 | -1.4% |
| Amounts payable | 17/49 | €569,684 | €340,688 | -€228,996 | -40.2% |
| Amounts payable after more than one year | 17 | €263,891 | €219,267 | -€44,623 | -16.9% |
| Financial debts | 170/4 | €263,891 | €219,267 | -€44,623 | -16.9% |
| Amounts payable within one year | 42/48 | €304,201 | €120,897 | -€183,304 | -60.3% |
| Current portion of amounts payable after more than one year | 42 | €43,602 | €44,623 | +€1,022 | +2.3% |
| Trade debts | 44 | €3,923 | €9,856 | +€5,933 | +151% |
| Suppliers | 440/4 | €3,923 | €9,856 | +€5,933 | +151% |
| Taxes, remuneration and social security | 45 | €12,518 | €14,712 | +€2,194 | +17.5% |
| Taxes | 450/3 | €8,034 | €6,330 | -€1,704 | -21.2% |
| Remuneration and social security | 454/9 | €4,484 | €8,382 | +€3,898 | +86.9% |
| Other amounts payable | 47/48 | €244,158 | €51,706 | -€192,452 | -78.8% |
| Accrued charges and deferred income | 492/3 | €1,592 | €524 | -€1,069 | -67.1% |
| Remuneration, social security and pensions | 62 | €18,594 | €22,989 | +€4,394 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,416 | €31,933 | -€483 | -1.5% |
| Other operating charges | 640/8 | €1,471 | €1,356 | -€115 | -7.8% |
| Gross operating margin | 9900 | €112,176 | €49,814 | -€62,362 | -55.6% |
| Operating profit (loss) | 9901 | €59,694 | -€6,463 | -€66,157 | |
| Financial income | 75/76B | €7,226 | €12,743 | +€5,516 | +76.3% |
| Recurring financial income | 75 | €7,226 | €12,743 | +€5,516 | +76.3% |
| Financial charges | 65/66B | €8,708 | €6,865 | -€1,843 | -21.2% |
| Recurring financial charges | 65 | €8,708 | €6,865 | -€1,843 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €58,213 | -€585 | -€58,798 | |
| Income taxes | 67/77 | €11,813 | €264 | -€11,549 | -97.8% |
| Profit (loss) for the period | 9904 | €46,400 | -€849 | -€47,249 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,400 | -€849 | -€47,249 |
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 25 October 2026 via checked.be.