CROWN BUSINESS DEVELOPMENT: 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.
CROWN BUSINESS DEVELOPMENT
Largest movements
- Cash +€4,727
up €4,727, from €0 to €4,727
mainly Net result for the year (+€11,564) and Tax, wage and social debts (+€4,729)
- Receivables within one year +€1,716
up €1,716 (+3.3%), from €52,557 to €54,273
of which Other amounts receivable: +€16,291
- Tangible fixed assets -€1,389
down €1,389 (-36.5%), from €3,807 to €2,418
- Reserves +€38,981
new in 2025: €38,981
- Profit (loss) carried forward -€27,418
down €27,418 (-100%), from €27,418 to €0
- Trade debts -€7,689
down €7,689 (-44.3%), from €17,340 to €9,652
- Tax, wage and social debts +€4,729
up €4,729 (+78.1%), from €6,056 to €10,785
- Short-term financial debts -€3,550
down €3,550 (-100%), from €3,550 to €0
- Staff costs -€536
down €536 (-100%), from €536 to €0
- Financial income +€352
up €352 (+36.8%), from €957 to €1,309
- Other operating charges -€306
down €306 (-71.8%), from €426 to €120
- Taxes +€228
up €228 (+7.4%), from €3,077 to €3,305
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 | €56,364 | €61,418 | +€5,054 | +9.0% |
| Fixed assets | 21/28 | €3,807 | €2,418 | -€1,389 | -36.5% |
| Tangible fixed assets | 22/27 | €3,807 | €2,418 | -€1,389 | -36.5% |
| Land and buildings | 22 | €1,870 | €1,255 | -€615 | -32.9% |
| Plant, machinery and equipment | 23 | €1,578 | €1,092 | -€486 | -30.8% |
| Furniture and vehicles | 24 | €359 | €71 | -€288 | -80.2% |
| Current assets | 29/58 | €52,557 | €59,000 | +€6,443 | +12.3% |
| Amounts receivable within one year | 40/41 | €52,557 | €54,273 | +€1,716 | +3.3% |
| Trade receivables | 40 | €20,986 | €6,412 | -€14,574 | -69.4% |
| Other amounts receivable | 41 | €31,571 | €47,861 | +€16,291 | +51.6% |
| Cash at bank and in hand | 54/58 | €0 | €4,727 | +€4,727 | |
| Total equity and liabilities | 10/49 | €56,364 | €61,418 | +€5,054 | +9.0% |
| Equity | 10/15 | €29,418 | €40,981 | +€11,564 | +39.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €38,981 | +€38,981 | |
| Distributable reserves | 133 | - | €38,981 | +€38,981 | |
| Profit (loss) carried forward | 14 | €27,418 | €0 | -€27,418 | -100% |
| Amounts payable | 17/49 | €26,947 | €20,437 | -€6,510 | -24.2% |
| Amounts payable within one year | 42/48 | €26,947 | €20,437 | -€6,510 | -24.2% |
| Financial debts | 43 | €3,550 | €0 | -€3,550 | -100% |
| Credit institutions | 430/8 | €3,550 | €0 | -€3,550 | -100% |
| Trade debts | 44 | €17,340 | €9,652 | -€7,689 | -44.3% |
| Suppliers | 440/4 | €17,340 | €9,652 | -€7,689 | -44.3% |
| Taxes, remuneration and social security | 45 | €6,056 | €10,785 | +€4,729 | +78.1% |
| Taxes | 450/3 | €6,056 | €10,785 | +€4,729 | +78.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €536 | €0 | -€536 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,389 | €1,389 | = | 0.0% |
| Other operating charges | 640/8 | €426 | €120 | -€306 | -71.8% |
| Gross operating margin | 9900 | €16,229 | €16,193 | -€36 | -0.2% |
| Operating profit (loss) | 9901 | €13,878 | €14,684 | +€806 | +5.8% |
| Financial income | 75/76B | €957 | €1,309 | +€352 | +36.8% |
| Recurring financial income | 75 | €957 | €1,309 | +€352 | +36.8% |
| Financial charges | 65/66B | €1,126 | €1,124 | -€2 | -0.2% |
| Recurring financial charges | 65 | €1,126 | €1,124 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €13,709 | €14,869 | +€1,160 | +8.5% |
| Income taxes | 67/77 | €3,077 | €3,305 | +€228 | +7.4% |
| Profit (loss) for the period | 9904 | €10,632 | €11,564 | +€932 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,632 | €11,564 | +€932 | +8.8% |
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 30 October 2026 via checked.be.