CROWDSCAN: what changed
Two fiscal 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.
CROWDSCAN
Largest movements
- Cash +€81,559
up €81,559 (+152.5%), from €53,476 to €135,035
mainly Short-term financial debts (+€85,000) and Receivables within one year (+€78,224)
- Receivables within one year -€78,224
down €78,224 (-64.8%), from €120,725 to €42,501
of which Trade receivables: -€78,704
- Stocks and contracts +€8,681
up €8,681 (+3.0%), from €292,742 to €301,423
- Formation expenses -€6,104
down €6,104 (-63.8%), from €9,572 to €3,468
- Short-term financial debts +€85,000
new in 2025: €85,000
- Profit (loss) carried forward -€65,686
down €65,686 (-4.2%), from -€1.6m to -€1.6m
- Tax, wage and social debts +€28,849
up €28,849 (+342.4%), from €8,425 to €37,274
of which Remuneration and social security: +€17,298
- Debts after one year -€24,596
down €24,596 (-20.0%), from €122,677 to €98,081
- Trade debts -€20,041
down €20,041 (-48.5%), from €41,327 to €21,286
- Gross operating margin +€151,566
up €151,566, from -€100,333 to €51,233
- Depreciation -€64,196
down €64,196 (-90.6%), from €70,876 to €6,680
- Staff costs -€40,764
down €40,764 (-28.2%), from €144,596 to €103,832
- Financial income -€18,642
down €18,642 (-97.5%), from €19,118 to €477
- Financial charges -€13,539
down €13,539 (-68.7%), from €19,708 to €6,169
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.
Cash bridge derived
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 | €483,303 | €485,558 | +€2,255 | +0.5% |
| Formation expenses | 20 | €9,572 | €3,468 | -€6,104 | -63.8% |
| Fixed assets | 21/28 | €1,951 | €1,374 | -€576 | -29.5% |
| Intangible fixed assets | 21 | €1,758 | €1,374 | -€384 | -21.8% |
| Tangible fixed assets | 22/27 | €192 | - | -€192 | |
| Furniture and vehicles | 24 | €192 | - | -€192 | |
| Current assets | 29/58 | €471,780 | €480,716 | +€8,936 | +1.9% |
| Stocks and contracts in progress | 3 | €292,742 | €301,423 | +€8,681 | +3.0% |
| Stocks | 30/36 | €292,742 | €301,423 | +€8,681 | +3.0% |
| Amounts receivable within one year | 40/41 | €120,725 | €42,501 | -€78,224 | -64.8% |
| Trade receivables | 40 | €113,934 | €35,229 | -€78,704 | -69.1% |
| Other amounts receivable | 41 | €6,791 | €7,272 | +€481 | +7.1% |
| Cash at bank and in hand | 54/58 | €53,476 | €135,035 | +€81,559 | +152.5% |
| Deferred charges and accrued income | 490/1 | €4,838 | €1,758 | -€3,080 | -63.7% |
| Total equity and liabilities | 10/49 | €483,303 | €485,558 | +€2,255 | +0.5% |
| Equity | 10/15 | €259,802 | €194,116 | -€65,686 | -25.3% |
| Contributions | 10/11 | €1,841,759 | €1,841,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,581,957 | -€1,647,643 | -€65,686 | -4.2% |
| Amounts payable | 17/49 | €223,501 | €291,443 | +€67,941 | +30.4% |
| Amounts payable after more than one year | 17 | €122,677 | €98,081 | -€24,596 | -20.0% |
| Financial debts | 170/4 | €122,677 | €98,081 | -€24,596 | -20.0% |
| Amounts payable within one year | 42/48 | €73,317 | €168,261 | +€94,944 | +129.5% |
| Current portion of amounts payable after more than one year | 42 | €23,509 | €24,596 | +€1,087 | +4.6% |
| Financial debts | 43 | - | €85,000 | +€85,000 | |
| Credit institutions | 430/8 | - | €85,000 | +€85,000 | |
| Trade debts | 44 | €41,327 | €21,286 | -€20,041 | -48.5% |
| Suppliers | 440/4 | €41,327 | €21,286 | -€20,041 | -48.5% |
| Taxes, remuneration and social security | 45 | €8,425 | €37,274 | +€28,849 | +342.4% |
| Taxes | 450/3 | €7,412 | €18,962 | +€11,551 | +155.8% |
| Remuneration and social security | 454/9 | €1,014 | €18,312 | +€17,298 | +1706.3% |
| Other amounts payable | 47/48 | €56 | €106 | +€50 | +89.7% |
| Accrued charges and deferred income | 492/3 | €27,507 | €25,100 | -€2,407 | -8.8% |
| Remuneration, social security and pensions | 62 | €144,596 | €103,832 | -€40,764 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,876 | €6,680 | -€64,196 | -90.6% |
| Other operating charges | 640/8 | €2,213 | €520 | -€1,693 | -76.5% |
| Gross operating margin | 9900 | -€100,333 | €51,233 | +€151,566 | |
| Operating profit (loss) | 9901 | -€318,018 | -€59,799 | +€258,219 | +81.2% |
| Financial income | 75/76B | €19,118 | €477 | -€18,642 | -97.5% |
| Recurring financial income | 75 | €19,118 | €477 | -€18,642 | -97.5% |
| Financial charges | 65/66B | €19,708 | €6,169 | -€13,539 | -68.7% |
| Recurring financial charges | 65 | €19,708 | €6,169 | -€13,539 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | -€318,609 | -€65,492 | +€253,117 | +79.4% |
| Income taxes | 67/77 | €40 | €194 | +€154 | +389.6% |
| Profit (loss) for the period | 9904 | -€318,648 | -€65,686 | +€252,962 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€318,648 | -€65,686 | +€252,962 | +79.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.