CROWN GENERAL: 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.
What changed
CROWN GENERAL
NACE 22.210, Manufacture of rubber and plastic products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€457,509
2024 · €478,495-€20,986
Equity
€3.9m
2024 · €3.8m+€39,509
Cash
€1.9m
2024 · €1.8m+€72,932
Balance sheet total
€4.7m
2024 · €4.8m-€40,593
Largest movements
Assets
- Receivables within one year -€96,754
down €96,754 (-15.6%), from €620,259 to €523,505
of which Trade receivables: -€113,608
- Cash +€72,932
up €72,932 (+4.1%), from €1.8m to €1.9m
mainly Net result for the year (+€457,509) and Depreciation (+€228,109)
Equity and liabilities
- Trade debts -€92,662
down €92,662 (-25.4%), from €365,484 to €272,822
Income statement
- Gross operating margin -€40,401
down €40,401 (-1.6%), from €2.5m to €2.4m
- Provisions +€36,714
up €36,714, from -€2,439 to €34,275
- Staff costs -€36,693
down €36,693 (-2.4%), from €1.5m to €1.5m
- Taxes -€31,234
down €31,234 (-19.3%), from €161,628 to €130,394
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
€478,495
Gross operating margin
-€40,401
Staff costs
+€36,693
Depreciation
-€3,275
Provisions
-€36,714
Other operating charges
+€1,933
Other operating items
-€11,394
Financial income
+€439
Financial charges
+€500
Taxes
+€31,234
Result 2025
€457,509
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.
From operations
+€759,394
Investment
-€246,173
Financing
-€440,289
Cash 2024
€1.8m
From operations (derived)
+€759,394
Net result for the year
+€457,509
Depreciation
+€228,109
Stocks and contracts
+€24,211
Receivables within one year
+€96,754
Deferred charges and accrued income
+€10,624
Provisions
+€34,275
Trade debts
-€92,662
Tax, wage and social debts
+€404
Other debts
-€2,000
Accrued charges and deferred income
+€2,170
Investment (derived)
-€246,173
Investment in fixed assets (net)
-€246,173
Financing
-€440,289
Debts after one year
-€19,358
Current portion of long-term debt
-€2,932
Contributions, distributions and other
-€418,000
Cash 2025
€1.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,776,765 | €4,736,172 | -€40,593 | -0.8% |
| Fixed assets | 21/28 | €1,170,393 | €1,188,457 | +€18,064 | +1.5% |
| Tangible fixed assets | 22/27 | €1,170,320 | €1,188,384 | +€18,064 | +1.5% |
| Land and buildings | 22 | €55,361 | €43,873 | -€11,488 | -20.8% |
| Plant, machinery and equipment | 23 | €922,588 | €1,017,577 | +€94,989 | +10.3% |
| Furniture and vehicles | 24 | €53,583 | €16,735 | -€36,847 | -68.8% |
| Leasing and similar rights | 25 | €40,229 | €18,572 | -€21,657 | -53.8% |
| Other tangible fixed assets | 26 | €98,559 | €91,626 | -€6,933 | -7.0% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €3,606,372 | €3,547,716 | -€58,657 | -1.6% |
| Stocks and contracts in progress | 3 | €1,174,464 | €1,150,253 | -€24,211 | -2.1% |
| Stocks | 30/36 | €1,174,464 | €1,150,253 | -€24,211 | -2.1% |
| Amounts receivable within one year | 40/41 | €620,259 | €523,505 | -€96,754 | -15.6% |
| Trade receivables | 40 | €507,314 | €393,705 | -€113,608 | -22.4% |
| Other amounts receivable | 41 | €112,945 | €129,800 | +€16,855 | +14.9% |
| Cash at bank and in hand | 54/58 | €1,791,016 | €1,863,948 | +€72,932 | +4.1% |
| Deferred charges and accrued income | 490/1 | €20,633 | €10,009 | -€10,624 | -51.5% |
| Total equity and liabilities | 10/49 | €4,776,765 | €4,736,172 | -€40,593 | -0.8% |
| Equity | 10/15 | €3,833,757 | €3,873,266 | +€39,509 | +1.0% |
| Contributions | 10/11 | €682,019 | €682,019 | = | 0.0% |
| Capital | 10 | €681,553 | €681,553 | = | 0.0% |
| Issued capital | 100 | €681,553 | €681,553 | = | 0.0% |
| Outside capital | 11 | €466 | €466 | = | 0.0% |
| Share premium | 1100/10 | €466 | €466 | = | 0.0% |
| Reserves | 13 | €68,155 | €68,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68,155 | €68,155 | = | 0.0% |
| Legal reserve | 130 | €68,155 | €68,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,083,583 | €3,123,092 | +€39,509 | +1.3% |
| Provisions and deferred taxes | 16 | - | €34,275 | +€34,275 | |
| Provisions for liabilities and charges | 160/5 | - | €34,275 | +€34,275 | |
| Pensions and similar obligations | 160 | - | €34,275 | +€34,275 | |
| Amounts payable | 17/49 | €943,008 | €828,631 | -€114,377 | -12.1% |
| Amounts payable after more than one year | 17 | €19,358 | - | -€19,358 | |
| Financial debts | 170/4 | €19,358 | - | -€19,358 | |
| Amounts payable within one year | 42/48 | €922,492 | €825,302 | -€97,190 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €22,289 | €19,358 | -€2,932 | -13.2% |
| Trade debts | 44 | €365,484 | €272,822 | -€92,662 | -25.4% |
| Suppliers | 440/4 | €365,484 | €272,822 | -€92,662 | -25.4% |
| Taxes, remuneration and social security | 45 | €114,719 | €115,122 | +€404 | +0.4% |
| Remuneration and social security | 454/9 | €114,719 | €115,122 | +€404 | +0.4% |
| Other amounts payable | 47/48 | €420,000 | €418,000 | -€2,000 | -0.5% |
| Accrued charges and deferred income | 492/3 | €1,159 | €3,329 | +€2,170 | +187.3% |
| Remuneration, social security and pensions | 62 | €1,533,409 | €1,496,717 | -€36,693 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,834 | €228,109 | +€3,275 | +1.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,439 | €34,275 | +€36,714 | |
| Other operating charges | 640/8 | €20,751 | €18,817 | -€1,933 | -9.3% |
| Non-recurring operating charges | 66A | - | €11,394 | +€11,394 | |
| Gross operating margin | 9900 | €2,450,529 | €2,410,129 | -€40,401 | -1.6% |
| Operating profit (loss) | 9901 | €673,975 | €620,816 | -€53,158 | -7.9% |
| Financial income | 75/76B | €203 | €642 | +€439 | +216.2% |
| Recurring financial income | 75 | €203 | €642 | +€439 | +216.2% |
| Financial charges | 65/66B | €34,055 | €33,555 | -€500 | -1.5% |
| Recurring financial charges | 65 | €34,055 | €33,555 | -€500 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €640,123 | €587,903 | -€52,220 | -8.2% |
| Income taxes | 67/77 | €161,628 | €130,394 | -€31,234 | -19.3% |
| Profit (loss) for the period | 9904 | €478,495 | €457,509 | -€20,986 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €478,495 | €457,509 | -€20,986 | -4.4% |
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 6 October 2026 via checked.be.