Crossroads Connect: 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.
Crossroads Connect
Largest movements
- Current investments -€185,000
down €185,000 (-69.8%), from €265,000 to €80,000
- Receivables within one year -€26,488
down €26,488 (-89.6%), from €29,555 to €3,067
of which Trade receivables: -€29,342
- Cash +€25,721
up €25,721 (+39.7%), from €64,749 to €90,470
mainly Current investments (+€185,000) and Receivables within one year (+€26,488)
- Tangible fixed assets +€15,818
up €15,818 (+457%), from €3,465 to €19,283
of which Furniture and vehicles: +€16,627
- Reserves -€109,369
down €109,369 (-40.3%), from €271,376 to €162,007
- Tax, wage and social debts -€48,264
down €48,264 (-59.1%), from €81,705 to €33,441
- Profit (loss) carried forward -€9,425
new in 2025: -€9,425
- Trade debts -€4,454
down €4,454 (-63.5%), from €7,020 to €2,566
- Gross operating margin -€147,041
down €147,041, from €141,664 to -€5,377
- Taxes -€33,948
down €33,948 (-99.6%), from €34,078 to €130
- Depreciation +€4,028
up €4,028 (+222%), from €1,815 to €5,842
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 | €365,101 | €193,589 | -€171,512 | -47.0% |
| Fixed assets | 21/28 | €3,465 | €19,283 | +€15,818 | +457% |
| Tangible fixed assets | 22/27 | €3,465 | €19,283 | +€15,818 | +457% |
| Furniture and vehicles | 24 | €1,195 | €17,823 | +€16,627 | +1,391% |
| Other tangible fixed assets | 26 | €2,270 | €1,461 | -€809 | -35.6% |
| Current assets | 29/58 | €361,636 | €174,306 | -€187,331 | -51.8% |
| Amounts receivable within one year | 40/41 | €29,555 | €3,067 | -€26,488 | -89.6% |
| Trade receivables | 40 | €29,342 | €0 | -€29,342 | -100% |
| Other amounts receivable | 41 | €213 | €3,067 | +€2,854 | +1,339% |
| Current investments | 50/53 | €265,000 | €80,000 | -€185,000 | -69.8% |
| Cash at bank and in hand | 54/58 | €64,749 | €90,470 | +€25,721 | +39.7% |
| Deferred charges and accrued income | 490/1 | €2,332 | €768 | -€1,564 | -67.1% |
| Total equity and liabilities | 10/49 | €365,101 | €193,589 | -€171,512 | -47.0% |
| Equity | 10/15 | €276,376 | €157,582 | -€118,794 | -43.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €271,376 | €162,007 | -€109,369 | -40.3% |
| Distributable reserves | 133 | €271,376 | €162,007 | -€109,369 | -40.3% |
| Profit (loss) carried forward | 14 | - | -€9,425 | -€9,425 | |
| Amounts payable | 17/49 | €88,725 | €36,007 | -€52,718 | -59.4% |
| Amounts payable within one year | 42/48 | €88,725 | €36,007 | -€52,718 | -59.4% |
| Trade debts | 44 | €7,020 | €2,566 | -€4,454 | -63.5% |
| Suppliers | 440/4 | €7,020 | €2,566 | -€4,454 | -63.5% |
| Taxes, remuneration and social security | 45 | €81,705 | €33,441 | -€48,264 | -59.1% |
| Taxes | 450/3 | €81,705 | €33,441 | -€48,264 | -59.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,815 | €5,842 | +€4,028 | +222% |
| Other operating charges | 640/8 | €692 | €1,510 | +€818 | +118% |
| Gross operating margin | 9900 | €141,664 | -€5,377 | -€147,041 | |
| Operating profit (loss) | 9901 | €139,158 | -€12,729 | -€151,887 | |
| Financial income | 75/76B | €5,040 | €3,720 | -€1,319 | -26.2% |
| Recurring financial income | 75 | €5,040 | €3,720 | -€1,319 | -26.2% |
| Financial charges | 65/66B | €751 | €286 | -€464 | -61.9% |
| Recurring financial charges | 65 | €751 | €286 | -€464 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €143,447 | -€9,295 | -€152,742 | |
| Income taxes | 67/77 | €34,078 | €130 | -€33,948 | -99.6% |
| Profit (loss) for the period | 9904 | €109,369 | -€9,425 | -€118,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €109,369 | -€9,425 | -€118,794 |
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 20 October 2026 via checked.be.