CROUGHS DENIS & Co: 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.
CROUGHS DENIS & Co
Largest movements
- Cash +€141,736
up €141,736 (+72.2%), from €196,413 to €338,149
mainly Net result for the year (+€192,345) and Depreciation (+€38,946)
- Receivables within one year +€52,582
up €52,582 (+144%), from €36,587 to €89,169
of which Other amounts receivable: +€60,014
- Tangible fixed assets -€35,924
down €35,924 (-7.2%), from €501,909 to €465,985
of which Furniture and vehicles: -€24,840
- Deferred charges and accrued income +€14,905
new in 2025: €14,905
- Profit (loss) carried forward +€192,345
up €192,345 (+52.7%), from €365,168 to €557,513
- Debts after one year -€70,824
down €70,824 (-20.1%), from €352,493 to €281,669
- Tax, wage and social debts +€33,257
up €33,257 (+163%), from €20,452 to €53,709
of which Remuneration and social security: +€19,884
- Short-term financial debts +€10,288
up €10,288 (+23.3%), from €44,231 to €54,519
- Turnover -€484,861
no longer reported in 2025 (was €484,861)
- Purchases and services -€203,369
no longer reported in 2025 (was €203,369)
- Gross operating margin +€113,471
up €113,471 (+40.3%), from €281,492 to €394,963
- Staff costs +€63,616
up €63,616 (+75.6%), from €84,136 to €147,752
- Financial income +€32,764
up €32,764 (+422%), from €7,770 to €40,534
of which Non-recurring financial income: +€30,012
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 | €812,757 | €980,954 | +€168,197 | +20.7% |
| Fixed assets | 21/28 | €502,399 | €467,840 | -€34,559 | -6.9% |
| Tangible fixed assets | 22/27 | €501,909 | €465,985 | -€35,924 | -7.2% |
| Land and buildings | 22 | €463,897 | €454,128 | -€9,769 | -2.1% |
| Plant, machinery and equipment | 23 | €7,402 | €6,087 | -€1,315 | -17.8% |
| Furniture and vehicles | 24 | €30,610 | €5,770 | -€24,840 | -81.1% |
| Financial fixed assets | 28 | €490 | €1,855 | +€1,365 | +279% |
| Current assets | 29/58 | €310,358 | €513,114 | +€202,756 | +65.3% |
| Amounts receivable after more than one year | 29 | €77,358 | €70,891 | -€6,467 | -8.4% |
| Other amounts receivable | 291 | €77,358 | €70,891 | -€6,467 | -8.4% |
| Amounts receivable within one year | 40/41 | €36,587 | €89,169 | +€52,582 | +144% |
| Trade receivables | 40 | €18,142 | €10,710 | -€7,432 | -41.0% |
| Other amounts receivable | 41 | €18,445 | €78,459 | +€60,014 | +325% |
| Cash at bank and in hand | 54/58 | €196,413 | €338,149 | +€141,736 | +72.2% |
| Deferred charges and accrued income | 490/1 | - | €14,905 | +€14,905 | |
| Total equity and liabilities | 10/49 | €812,757 | €980,954 | +€168,197 | +20.7% |
| Equity | 10/15 | €383,768 | €576,113 | +€192,345 | +50.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €365,168 | €557,513 | +€192,345 | +52.7% |
| Amounts payable | 17/49 | €428,989 | €404,841 | -€24,148 | -5.6% |
| Amounts payable after more than one year | 17 | €352,493 | €281,669 | -€70,824 | -20.1% |
| Financial debts | 170/4 | €352,493 | €281,669 | -€70,824 | -20.1% |
| Amounts payable within one year | 42/48 | €76,496 | €123,172 | +€46,676 | +61.0% |
| Financial debts | 43 | €44,231 | €54,519 | +€10,288 | +23.3% |
| Credit institutions | 430/8 | €44,231 | €54,519 | +€10,288 | +23.3% |
| Trade debts | 44 | €1,658 | €4,142 | +€2,484 | +150% |
| Suppliers | 440/4 | €1,658 | €4,142 | +€2,484 | +150% |
| Taxes, remuneration and social security | 45 | €20,452 | €53,709 | +€33,257 | +163% |
| Taxes | 450/3 | €13,461 | €26,834 | +€13,373 | +99.3% |
| Remuneration and social security | 454/9 | €6,991 | €26,875 | +€19,884 | +284% |
| Other amounts payable | 47/48 | €10,155 | €10,802 | +€647 | +6.4% |
| Turnover | 70 | €484,861 | - | -€484,861 | |
| Goods, raw materials, services and sundry goods | 60/61 | €203,369 | - | -€203,369 | |
| Remuneration, social security and pensions | 62 | €84,136 | €147,752 | +€63,616 | +75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,688 | €38,946 | -€8,742 | -18.3% |
| Gross operating margin | 9900 | €281,492 | €394,963 | +€113,471 | +40.3% |
| Operating profit (loss) | 9901 | €149,668 | €208,265 | +€58,597 | +39.2% |
| Financial income | 75/76B | €7,770 | €40,534 | +€32,764 | +422% |
| Recurring financial income | 75 | €43 | €2,795 | +€2,752 | +6,400% |
| Non-recurring financial income | 76B | €7,727 | €37,739 | +€30,012 | +388% |
| Financial charges | 65/66B | €11,333 | €18,452 | +€7,119 | +62.8% |
| Recurring financial charges | 65 | €5,473 | €9,818 | +€4,345 | +79.4% |
| Non-recurring financial charges | 66B | €5,860 | €8,634 | +€2,774 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €146,105 | €230,347 | +€84,242 | +57.7% |
| Income taxes | 67/77 | €17,179 | €38,002 | +€20,823 | +121% |
| Profit (loss) for the period | 9904 | €128,926 | €192,345 | +€63,419 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €128,926 | €192,345 | +€63,419 | +49.2% |
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 23 October 2026 via checked.be.