CROWLEY CONCEPT: 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.
CROWLEY CONCEPT
Largest movements
- Receivables within one year +€20,140
up €20,140 (+51.5%), from €39,143 to €59,283
of which Trade receivables: +€22,571
- Cash -€4,674
down €4,674 (-46.5%), from €10,060 to €5,386
mainly Receivables within one year (-€20,140) and Investment in fixed assets (net) (-€4,944)
- Tangible fixed assets +€3,296
new in 2025: €3,296
- Trade debts +€15,924
up €15,924 (+56.3%), from €28,272 to €44,197
- Profit (loss) carried forward +€9,096
up €9,096 (+122.1%), from €7,448 to €16,544
- Tax, wage and social debts -€3,597
down €3,597 (-40.0%), from €8,983 to €5,385
of which Remuneration and social security: -€4,147
- Other debts -€2,500
no longer reported in 2025 (was €2,500)
- Turnover +€30,969
up €30,969 (+15.1%), from €204,553 to €235,522
- Purchases and services +€27,750
up €27,750 (+14.4%), from €192,750 to €220,500
- Gross operating margin +€7,574
up €7,574 (+101.7%), from €7,448 to €15,022
- Taxes +€3,032
new in 2025: €3,032
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 | €49,202 | €68,126 | +€18,924 | +38.5% |
| Fixed assets | 21/28 | - | €3,296 | +€3,296 | |
| Tangible fixed assets | 22/27 | - | €3,296 | +€3,296 | |
| Furniture and vehicles | 24 | - | €3,296 | +€3,296 | |
| Current assets | 29/58 | €49,202 | €64,830 | +€15,627 | +31.8% |
| Amounts receivable within one year | 40/41 | €39,143 | €59,283 | +€20,140 | +51.5% |
| Trade receivables | 40 | €36,502 | €59,073 | +€22,571 | +61.8% |
| Other amounts receivable | 41 | €2,641 | €210 | -€2,431 | -92.0% |
| Cash at bank and in hand | 54/58 | €10,060 | €5,386 | -€4,674 | -46.5% |
| Deferred charges and accrued income | 490/1 | - | €161 | +€161 | |
| Total equity and liabilities | 10/49 | €49,202 | €68,126 | +€18,924 | +38.5% |
| Equity | 10/15 | €9,448 | €18,544 | +€9,096 | +96.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,448 | €16,544 | +€9,096 | +122.1% |
| Amounts payable | 17/49 | €39,755 | €49,582 | +€9,827 | +24.7% |
| Amounts payable within one year | 42/48 | €39,755 | €49,582 | +€9,827 | +24.7% |
| Trade debts | 44 | €28,272 | €44,197 | +€15,924 | +56.3% |
| Suppliers | 440/4 | €28,272 | €44,197 | +€15,924 | +56.3% |
| Taxes, remuneration and social security | 45 | €8,983 | €5,385 | -€3,597 | -40.0% |
| Taxes | 450/3 | €2,483 | €3,032 | +€550 | +22.1% |
| Remuneration and social security | 454/9 | €6,500 | €2,353 | -€4,147 | -63.8% |
| Other amounts payable | 47/48 | €2,500 | - | -€2,500 | |
| Turnover | 70 | €204,553 | €235,522 | +€30,969 | +15.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €192,750 | €220,500 | +€27,750 | +14.4% |
| Remuneration, social security and pensions | 62 | - | €418 | +€418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,648 | +€1,648 | |
| Gross operating margin | 9900 | €7,448 | €15,022 | +€7,574 | +101.7% |
| Operating profit (loss) | 9901 | €7,448 | €12,955 | +€5,508 | +73.9% |
| Financial charges | 65/66B | - | €827 | +€827 | |
| Recurring financial charges | 65 | - | €827 | +€827 | |
| Profit (loss) for the period before taxes | 9903 | €7,448 | €12,128 | +€4,681 | +62.8% |
| Income taxes | 67/77 | - | €3,032 | +€3,032 | |
| Profit (loss) for the period | 9904 | €7,448 | €9,096 | +€1,649 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,448 | €9,096 | +€1,649 | +22.1% |
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.