CROWN BUILDING: 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.
What changed
CROWN BUILDING
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€547,513
2024 · -€842,342+€294,829
Equity
€952,996
2024 · €1.5m-€547,513
Cash
€3.6m
2024 · €1.9m+€1.7m
Balance sheet total
€18.5m
2024 · €16.8m+€1.7m
Largest movements
Assets
- Receivables within one year +€1.7m
up €1.7m (+46.4%), from €3.7m to €5.4m
of which Other amounts receivable: +€1.7m
- Tangible fixed assets -€1.7m
down €1.7m (-15.1%), from €11.2m to €9.5m
- Cash +€1.7m
up €1.7m (+87.1%), from €1.9m to €3.6m
mainly Current portion of long-term debt (+€2.2m) and Depreciation (+€1.7m)
Equity and liabilities
- Current portion of long-term debt +€2.2m
new in 2025: €2.2m
- Profit (loss) carried forward -€547,513
down €547,513 (-14.0%), from -€3.9m to -€4.5m
Income statement
- Depreciation -€423,597
down €423,597 (-19.6%), from €2.2m to €1.7m
- Financial income -€88,319
down €88,319 (-42.5%), from €207,770 to €119,451
- Gross operating margin -€41,094
down €41,094 (-1.8%), from €2.3m to €2.2m
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.
Result 2024
-€842,342
Gross operating margin
-€41,094
Depreciation
+€423,597
Write-downs
-€2,633
Other operating charges
-€12,372
Financial income
-€88,319
Financial charges
+€15,649
Result 2025
-€547,513
raises the resultlowers the result
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.
From operations
-€387,658
Investment
-€52,030
Financing
+€2.1m
Cash 2024
€1.9m
From operations (derived)
-€387,658
Net result for the year
-€547,513
Depreciation
+€1.7m
Receivables within one year
-€1.7m
Deferred charges and accrued income
-€8,221
Trade debts
+€28,224
Smaller working-capital items
-€47
Accrued charges and deferred income
+€110,972
Investment (derived)
-€52,030
Investment in fixed assets (net)
-€52,030
Financing
+€2.1m
Debts after one year
-€103,979
Current portion of long-term debt
+€2.2m
Cash 2025
€3.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,795,036 | €18,511,671 | +€1.7m | +10.2% |
| Fixed assets | 21/28 | €11,163,259 | €9,475,860 | -€1.7m | -15.1% |
| Tangible fixed assets | 22/27 | €11,163,259 | €9,475,860 | -€1.7m | -15.1% |
| Land and buildings | 22 | €11,163,259 | €9,475,860 | -€1.7m | -15.1% |
| Current assets | 29/58 | €5,631,777 | €9,035,811 | +€3.4m | +60.4% |
| Amounts receivable within one year | 40/41 | €3,689,285 | €5,399,786 | +€1.7m | +46.4% |
| Trade receivables | 40 | €482,393 | €501,574 | +€19,180 | +4.0% |
| Other amounts receivable | 41 | €3,206,892 | €4,898,213 | +€1.7m | +52.7% |
| Cash at bank and in hand | 54/58 | €1,934,748 | €3,620,060 | +€1.7m | +87.1% |
| Deferred charges and accrued income | 490/1 | €7,744 | €15,965 | +€8,221 | +106% |
| Total equity and liabilities | 10/49 | €16,795,036 | €18,511,671 | +€1.7m | +10.2% |
| Equity | 10/15 | €1,500,509 | €952,996 | -€547,513 | -36.5% |
| Contributions | 10/11 | €526,774 | €526,774 | = | 0.0% |
| Capital | 10 | €526,774 | €526,774 | = | 0.0% |
| Issued capital | 100 | €526,774 | €526,774 | = | 0.0% |
| Reserves | 13 | €4,888,238 | €4,888,238 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,677 | €52,677 | = | 0.0% |
| Legal reserve | 130 | €52,677 | €52,677 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,835,561 | €4,835,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,914,503 | -€4,462,016 | -€547,513 | -14.0% |
| Amounts payable | 17/49 | €15,294,526 | €17,558,675 | +€2.3m | +14.8% |
| Amounts payable after more than one year | 17 | €14,755,000 | €14,651,021 | -€103,979 | -0.7% |
| Financial debts | 170/4 | €14,755,000 | €14,651,021 | -€103,979 | -0.7% |
| Amounts payable within one year | 42/48 | €5,531 | €2,262,687 | +€2.3m | +40,806% |
| Current portion of amounts payable after more than one year | 42 | - | €2,228,979 | +€2.2m | |
| Trade debts | 44 | €4,493 | €32,718 | +€28,224 | +628% |
| Suppliers | 440/4 | €4,493 | €32,718 | +€28,224 | +628% |
| Taxes, remuneration and social security | 45 | €1,038 | €972 | -€66 | -6.4% |
| Taxes | 450/3 | €1,038 | €972 | -€66 | -6.4% |
| Other amounts payable | 47/48 | - | €19 | +€19 | |
| Accrued charges and deferred income | 492/3 | €533,995 | €644,967 | +€110,972 | +20.8% |
| Non-recurring operating income | 76A | €6,084 | - | -€6,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,163,026 | €1,739,429 | -€423,597 | -19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,633 | - | +€2,633 | |
| Other operating charges | 640/8 | €556,605 | €568,977 | +€12,372 | +2.2% |
| Gross operating margin | 9900 | €2,284,892 | €2,243,798 | -€41,094 | -1.8% |
| Operating profit (loss) | 9901 | -€432,106 | -€64,607 | +€367,499 | +85.0% |
| Financial income | 75/76B | €207,770 | €119,451 | -€88,319 | -42.5% |
| Recurring financial income | 75 | €207,770 | €119,451 | -€88,319 | -42.5% |
| Financial charges | 65/66B | €618,006 | €602,357 | -€15,649 | -2.5% |
| Recurring financial charges | 65 | €504,726 | €602,357 | +€97,631 | +19.3% |
| Non-recurring financial charges | 66B | €113,280 | - | -€113,280 | |
| Profit (loss) for the period before taxes | 9903 | -€842,342 | -€547,513 | +€294,829 | +35.0% |
| Profit (loss) for the period | 9904 | -€842,342 | -€547,513 | +€294,829 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€842,342 | -€547,513 | +€294,829 | +35.0% |
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.