CROSSWISE CREATIONS: 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.
CROSSWISE CREATIONS
Largest movements
- Cash -€113,750
down €113,750 (-91.5%), from €124,297 to €10,547
mainly Investment in fixed assets (net) (-€177,386) and Accrued charges and deferred income (-€40,000)
- Tangible fixed assets +€89,137
up €89,137 (+17.0%), from €524,779 to €613,915
of which Plant, machinery and equipment: +€114,028
- Receivables within one year -€40,950
down €40,950 (-18.3%), from €223,666 to €182,715
of which Trade receivables: -€32,742
- Accrued charges and deferred income -€40,000
no longer reported in 2025 (was €40,000)
- Other debts -€38,482
down €38,482 (-4.8%), from €796,255 to €757,772
- Reserves +€19,689
up €19,689 (+66.6%), from €29,584 to €49,273
- Trade debts -€11,830
down €11,830 (-60.2%), from €19,638 to €7,808
- Gross operating margin -€28,972
down €28,972 (-20.3%), from €142,456 to €113,484
- Depreciation +€9,630
up €9,630 (+12.2%), from €78,619 to €88,249
- Taxes +€1,866
up €1,866 (+496%), from €376 to €2,242
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 | €898,252 | €829,570 | -€68,683 | -7.6% |
| Fixed assets | 21/28 | €524,779 | €613,915 | +€89,137 | +17.0% |
| Tangible fixed assets | 22/27 | €524,779 | €613,915 | +€89,137 | +17.0% |
| Land and buildings | 22 | €303,438 | €286,432 | -€17,006 | -5.6% |
| Plant, machinery and equipment | 23 | €192,925 | €306,952 | +€114,028 | +59.1% |
| Furniture and vehicles | 24 | €28,415 | €20,531 | -€7,885 | -27.7% |
| Current assets | 29/58 | €373,474 | €215,654 | -€157,819 | -42.3% |
| Stocks and contracts in progress | 3 | €24,966 | €21,843 | -€3,123 | -12.5% |
| Stocks | 30/36 | €24,966 | €21,843 | -€3,123 | -12.5% |
| Amounts receivable within one year | 40/41 | €223,666 | €182,715 | -€40,950 | -18.3% |
| Trade receivables | 40 | €214,071 | €181,329 | -€32,742 | -15.3% |
| Other amounts receivable | 41 | €9,595 | €1,387 | -€8,208 | -85.5% |
| Cash at bank and in hand | 54/58 | €124,297 | €10,547 | -€113,750 | -91.5% |
| Deferred charges and accrued income | 490/1 | €546 | €550 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €898,252 | €829,570 | -€68,683 | -7.6% |
| Equity | 10/15 | €41,984 | €61,673 | +€19,689 | +46.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,584 | €49,273 | +€19,689 | +66.6% |
| Distributable reserves | 133 | €29,584 | €49,273 | +€19,689 | +66.6% |
| Amounts payable | 17/49 | €856,268 | €767,897 | -€88,371 | -10.3% |
| Amounts payable within one year | 42/48 | €816,268 | €767,897 | -€48,371 | -5.9% |
| Trade debts | 44 | €19,638 | €7,808 | -€11,830 | -60.2% |
| Suppliers | 440/4 | €19,638 | €7,808 | -€11,830 | -60.2% |
| Taxes, remuneration and social security | 45 | €376 | €2,317 | +€1,941 | +516% |
| Taxes | 450/3 | €376 | €2,317 | +€1,941 | +516% |
| Other amounts payable | 47/48 | €796,255 | €757,772 | -€38,482 | -4.8% |
| Accrued charges and deferred income | 492/3 | €40,000 | - | -€40,000 | |
| Non-recurring operating income | 76A | €191 | €288 | +€97 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,619 | €88,249 | +€9,630 | +12.2% |
| Other operating charges | 640/8 | €3,447 | €3,543 | +€96 | +2.8% |
| Gross operating margin | 9900 | €142,456 | €113,484 | -€28,972 | -20.3% |
| Operating profit (loss) | 9901 | €60,390 | €21,692 | -€38,698 | -64.1% |
| Financial income | 75/76B | €859 | €306 | -€553 | -64.4% |
| Recurring financial income | 75 | €859 | €306 | -€553 | -64.4% |
| Financial charges | 65/66B | €88 | €68 | -€21 | -23.5% |
| Recurring financial charges | 65 | €88 | €68 | -€21 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €61,161 | €21,931 | -€39,230 | -64.1% |
| Income taxes | 67/77 | €376 | €2,242 | +€1,866 | +496% |
| Profit (loss) for the period | 9904 | €60,785 | €19,689 | -€41,096 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,785 | €19,689 | -€41,096 | -67.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.