CROSSVER: 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.
CROSSVER
Largest movements
- Receivables within one year +€718,036
up €718,036 (+547%), from €131,178 to €849,214
of which Other amounts receivable: +€694,605
- Tangible fixed assets -€113,899
down €113,899 (-53.3%), from €213,892 to €99,993
- Cash +€54,468
up €54,468 (+1,144%), from €4,761 to €59,229
mainly Debts after one year (+€652,431) and Investment in fixed assets (net) (+€104,195)
- Debts after one year +€652,431
up €652,431 (+68.4%), from €953,753 to €1.6m
- Taxes -€36,068
down €36,068 (-91.9%), from €39,262 to €3,193
- Gross operating margin -€32,180
down €32,180 (-14.1%), from €227,724 to €195,543
- Financial income +€18,136
up €18,136 (+429%), from €4,227 to €22,363
- Financial charges -€6,283
down €6,283 (-8.9%), from €70,514 to €64,231
- Depreciation +€4,945
up €4,945 (+110%), from €4,512 to €9,456
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 | €3,122,040 | €3,781,931 | +€659,891 | +21.1% |
| Fixed assets | 21/28 | €2,983,873 | €2,870,222 | -€113,651 | -3.8% |
| Tangible fixed assets | 22/27 | €213,892 | €99,993 | -€113,899 | -53.3% |
| Land and buildings | 22 | €213,892 | €99,993 | -€113,899 | -53.3% |
| Financial fixed assets | 28 | €2,769,981 | €2,770,229 | +€248 | 0.0% |
| Current assets | 29/58 | €138,167 | €911,709 | +€773,542 | +560% |
| Amounts receivable within one year | 40/41 | €131,178 | €849,214 | +€718,036 | +547% |
| Trade receivables | 40 | €674 | €24,105 | +€23,431 | +3,477% |
| Other amounts receivable | 41 | €130,504 | €825,110 | +€694,605 | +532% |
| Cash at bank and in hand | 54/58 | €4,761 | €59,229 | +€54,468 | +1,144% |
| Deferred charges and accrued income | 490/1 | €2,228 | €3,266 | +€1,038 | +46.6% |
| Total equity and liabilities | 10/49 | €3,122,040 | €3,781,931 | +€659,891 | +21.1% |
| Equity | 10/15 | €1,140,929 | €1,142,937 | +€2,008 | +0.2% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €880,929 | €882,937 | +€2,008 | +0.2% |
| Distributable reserves | 133 | €880,929 | €882,937 | +€2,008 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,981,111 | €2,638,994 | +€657,882 | +33.2% |
| Amounts payable after more than one year | 17 | €953,753 | €1,606,184 | +€652,431 | +68.4% |
| Financial debts | 170/4 | €953,753 | €1,606,184 | +€652,431 | +68.4% |
| Amounts payable within one year | 42/48 | €978,132 | €990,255 | +€12,123 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €205,176 | €205,852 | +€676 | +0.3% |
| Financial debts | 43 | €13,565 | €13,525 | -€40 | -0.3% |
| Credit institutions | 430/8 | €13,565 | €13,525 | -€40 | -0.3% |
| Trade debts | 44 | €6,574 | €31,744 | +€25,171 | +383% |
| Suppliers | 440/4 | €6,574 | €31,744 | +€25,171 | +383% |
| Taxes, remuneration and social security | 45 | €14,293 | €8,981 | -€5,312 | -37.2% |
| Taxes | 450/3 | €13,096 | €7,784 | -€5,312 | -40.6% |
| Remuneration and social security | 454/9 | €1,197 | €1,197 | = | 0.0% |
| Other amounts payable | 47/48 | €738,525 | €730,153 | -€8,372 | -1.1% |
| Accrued charges and deferred income | 492/3 | €49,226 | €42,554 | -€6,672 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,512 | €9,456 | +€4,945 | +110% |
| Other operating charges | 640/8 | €3,326 | €2,664 | -€662 | -19.9% |
| Non-recurring operating charges | 66A | - | €135,521 | +€135,521 | |
| Gross operating margin | 9900 | €227,724 | €195,543 | -€32,180 | -14.1% |
| Operating profit (loss) | 9901 | €219,886 | €47,902 | -€171,984 | -78.2% |
| Financial income | 75/76B | €4,227 | €22,363 | +€18,136 | +429% |
| Recurring financial income | 75 | €4,227 | €22,363 | +€18,136 | +429% |
| Financial charges | 65/66B | €70,514 | €64,231 | -€6,283 | -8.9% |
| Recurring financial charges | 65 | €70,514 | €64,231 | -€6,283 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €153,599 | €6,034 | -€147,565 | -96.1% |
| Income taxes | 67/77 | €39,262 | €3,193 | -€36,068 | -91.9% |
| Profit (loss) for the period | 9904 | €114,338 | €2,841 | -€111,496 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €114,338 | €2,841 | -€111,496 | -97.5% |
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 14 October 2026 via checked.be.