CROWN 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 DEVELOPMENT
Largest movements
- Cash +€80,325
up €80,325 (+171%), from €46,933 to €127,258
mainly Net result for the year (+€66,647) and Trade debts (+€58,951)
- Tangible fixed assets +€65,478
up €65,478 (+1,047%), from €6,255 to €71,732
of which Furniture and vehicles: +€66,558
- Receivables within one year +€52,198
up €52,198 (+21.5%), from €242,241 to €294,439
of which Other amounts receivable: +€65,558
- Reserves +€66,647
up €66,647 (+45.6%), from €146,087 to €212,734
of which Distributable reserves: +€66,647
- Trade debts +€58,951
up €58,951 (+858%), from €6,867 to €65,818
- Debts after one year +€42,428
new in 2025: €42,428
- Tax, wage and social debts +€20,173
up €20,173 (+37.5%), from €53,856 to €74,028
- Current portion of long-term debt +€8,624
up €8,624 (+178%), from €4,849 to €13,473
- Gross operating margin +€14,713
up €14,713 (+15.8%), from €93,054 to €107,766
- Taxes +€11,521
up €11,521 (+36.2%), from €31,858 to €43,379
- Depreciation -€11,069
down €11,069 (-79.1%), from €13,988 to €2,919
- Other operating charges -€5,163
down €5,163 (-63.7%), from €8,104 to €2,941
- Financial income +€4,664
up €4,664 (+45.8%), from €10,174 to €14,838
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 | €397,557 | €594,379 | +€196,823 | +49.5% |
| Fixed assets | 21/28 | €6,255 | €71,732 | +€65,478 | +1,047% |
| Tangible fixed assets | 22/27 | €6,255 | €71,732 | +€65,478 | +1,047% |
| Plant, machinery and equipment | 23 | €1,171 | €345 | -€826 | -70.6% |
| Furniture and vehicles | 24 | €4,385 | €70,943 | +€66,558 | +1,518% |
| Other tangible fixed assets | 26 | €699 | €445 | -€254 | -36.4% |
| Current assets | 29/58 | €391,302 | €522,647 | +€131,345 | +33.6% |
| Stocks and contracts in progress | 3 | €101,450 | €100,950 | -€500 | -0.5% |
| Stocks | 30/36 | €101,450 | €100,950 | -€500 | -0.5% |
| Amounts receivable within one year | 40/41 | €242,241 | €294,439 | +€52,198 | +21.5% |
| Trade receivables | 40 | €30,197 | €16,837 | -€13,360 | -44.2% |
| Other amounts receivable | 41 | €212,044 | €277,602 | +€65,558 | +30.9% |
| Cash at bank and in hand | 54/58 | €46,933 | €127,258 | +€80,325 | +171% |
| Deferred charges and accrued income | 490/1 | €678 | - | -€678 | |
| Total equity and liabilities | 10/49 | €397,557 | €594,379 | +€196,823 | +49.5% |
| Equity | 10/15 | €206,985 | €273,632 | +€66,647 | +32.2% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €146,087 | €212,734 | +€66,647 | +45.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €144,227 | €210,874 | +€66,647 | +46.2% |
| Profit (loss) carried forward | 14 | €52,698 | €52,698 | = | 0.0% |
| Amounts payable | 17/49 | €190,572 | €320,748 | +€130,176 | +68.3% |
| Amounts payable after more than one year | 17 | - | €42,428 | +€42,428 | |
| Financial debts | 170/4 | - | €42,428 | +€42,428 | |
| Amounts payable within one year | 42/48 | €190,572 | €278,319 | +€87,748 | +46.0% |
| Current portion of amounts payable after more than one year | 42 | €4,849 | €13,473 | +€8,624 | +178% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €6,867 | €65,818 | +€58,951 | +858% |
| Suppliers | 440/4 | €6,867 | €65,818 | +€58,951 | +858% |
| Taxes, remuneration and social security | 45 | €53,856 | €74,028 | +€20,173 | +37.5% |
| Taxes | 450/3 | €53,856 | €74,028 | +€20,173 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,988 | €2,919 | -€11,069 | -79.1% |
| Other operating charges | 640/8 | €8,104 | €2,941 | -€5,163 | -63.7% |
| Gross operating margin | 9900 | €93,054 | €107,766 | +€14,713 | +15.8% |
| Operating profit (loss) | 9901 | €70,962 | €101,906 | +€30,944 | +43.6% |
| Financial income | 75/76B | €10,174 | €14,838 | +€4,664 | +45.8% |
| Recurring financial income | 75 | €10,174 | €14,838 | +€4,664 | +45.8% |
| Financial charges | 65/66B | €10,163 | €6,718 | -€3,445 | -33.9% |
| Recurring financial charges | 65 | €10,163 | €6,718 | -€3,445 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €70,972 | €110,026 | +€39,053 | +55.0% |
| Income taxes | 67/77 | €31,858 | €43,379 | +€11,521 | +36.2% |
| Profit (loss) for the period | 9904 | €39,114 | €66,647 | +€27,532 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,114 | €66,647 | +€27,532 | +70.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.