CROWN CENTER: 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 CENTER
Largest movements
- Tangible fixed assets +€3.4m
up €3.4m (+15.5%), from €22.1m to €25.5m
of which Assets under construction and advance payments: +€3.4m
- Receivables within one year +€722,810
up €722,810 (+127.8%), from €565,519 to €1.3m
of which Other amounts receivable: +€772,254
- Deferred charges and accrued income +€387,674
new in 2025: €387,674
- Debts after one year +€3.9m
up €3.9m (+55.4%), from €7.1m to €11.1m
- Trade debts +€628,661
up €628,661 (+72.6%), from €866,417 to €1.5m
- Gross operating margin -€888,182
down €888,182 (-99.7%), from €891,238 to €3,055
- Other operating charges -€523,605
down €523,605 (-99.1%), from €528,358 to €4,752
- Depreciation -€522,864
no longer reported in 2025 (was €522,864)
- Taxes +€10,484
new in 2025: €10,484
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 | €22,687,543 | €27,177,157 | +€4.5m | +19.8% |
| Fixed assets | 21/28 | €22,060,679 | €25,479,007 | +€3.4m | +15.5% |
| Tangible fixed assets | 22/27 | €22,060,679 | €25,479,007 | +€3.4m | +15.5% |
| Land and buildings | 22 | €17,949,631 | €17,949,631 | = | 0.0% |
| Assets under construction and advance payments | 27 | €4,111,048 | €7,529,376 | +€3.4m | +83.1% |
| Current assets | 29/58 | €626,864 | €1,698,150 | +€1.1m | +170.9% |
| Amounts receivable within one year | 40/41 | €565,519 | €1,288,329 | +€722,810 | +127.8% |
| Trade receivables | 40 | €49,444 | - | -€49,444 | |
| Other amounts receivable | 41 | €516,075 | €1,288,329 | +€772,254 | +149.6% |
| Cash at bank and in hand | 54/58 | €61,345 | €22,147 | -€39,198 | -63.9% |
| Deferred charges and accrued income | 490/1 | - | €387,674 | +€387,674 | |
| Total equity and liabilities | 10/49 | €22,687,543 | €27,177,157 | +€4.5m | +19.8% |
| Equity | 10/15 | €791,654 | €740,649 | -€51,004 | -6.4% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€458,346 | -€509,351 | -€51,004 | -11.1% |
| Amounts payable | 17/49 | €21,895,889 | €26,436,508 | +€4.5m | +20.7% |
| Amounts payable after more than one year | 17 | €7,111,486 | €11,050,975 | +€3.9m | +55.4% |
| Financial debts | 170/4 | €7,111,486 | €11,050,975 | +€3.9m | +55.4% |
| Amounts payable within one year | 42/48 | €14,736,417 | €15,385,533 | +€649,116 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €13,870,000 | €13,870,000 | = | 0.0% |
| Financial debts | 43 | - | €9,971 | +€9,971 | |
| Credit institutions | 430/8 | - | €9,971 | +€9,971 | |
| Trade debts | 44 | €866,417 | €1,495,078 | +€628,661 | +72.6% |
| Suppliers | 440/4 | €866,417 | €1,495,078 | +€628,661 | +72.6% |
| Taxes, remuneration and social security | 45 | - | €10,484 | +€10,484 | |
| Taxes | 450/3 | - | €10,484 | +€10,484 | |
| Accrued charges and deferred income | 492/3 | €47,986 | - | -€47,986 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522,864 | - | -€522,864 | |
| Other operating charges | 640/8 | €528,358 | €4,752 | -€523,605 | -99.1% |
| Gross operating margin | 9900 | €891,238 | €3,055 | -€888,182 | -99.7% |
| Operating profit (loss) | 9901 | -€159,984 | -€1,697 | +€158,287 | +98.9% |
| Financial charges | 65/66B | €36,499 | €38,824 | +€2,325 | +6.4% |
| Recurring financial charges | 65 | €36,499 | €38,824 | +€2,325 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€196,483 | -€40,521 | +€155,962 | +79.4% |
| Income taxes | 67/77 | - | €10,484 | +€10,484 | |
| Profit (loss) for the period | 9904 | -€196,483 | -€51,004 | +€145,478 | +74.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€196,483 | -€51,004 | +€145,478 | +74.0% |
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 11 October 2026 via checked.be.