CROWN LOG HOMES: what changed
What changed
CROWN LOG HOMES
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€39,754
2024 · €6,861+€32,893
Equity
€248,565
2024 · €208,810+€39,754
Cash
€122,652
2024 · €19,490+€103,162
Balance sheet total
€815,878
2024 · €953,409-€137,531
Largest movements
Assets
- Receivables within one year -€121,343
down €121,343 (-32.4%), from €374,307 to €252,964
of which Trade receivables: -€101,582
- Cash +€103,162
up €103,162 (+529%), from €19,490 to €122,652
mainly Receivables within one year (+€121,343) and Stocks and contracts (+€76,504)
- Stocks and contracts -€76,504
down €76,504 (-38.7%), from €197,924 to €121,420
- Tangible fixed assets -€38,414
down €38,414 (-16.2%), from €236,901 to €198,487
of which Plant, machinery and equipment: -€21,644
Equity and liabilities
- Trade debts -€136,957
down €136,957 (-41.1%), from €333,183 to €196,225
- Accrued charges and deferred income +€64,233
up €64,233 (+279%), from €23,000 to €87,233
- Other debts -€52,500
down €52,500 (-67.3%), from €78,000 to €25,500
- Reserves +€39,754
up €39,754 (+56.6%), from €70,210 to €109,965
- Current portion of long-term debt -€20,374
down €20,374 (-52.0%), from €39,208 to €18,834
Income statement
- Gross operating margin +€75,261
up €75,261 (+79.3%), from €94,906 to €170,167
- Taxes +€17,887
up €17,887 (+494%), from €3,624 to €21,511
- Depreciation +€17,853
up €17,853 (+46.3%), from €38,534 to €56,387
- Staff costs +€12,746
up €12,746 (+55.2%), from €23,076 to €35,823
- Financial charges -€8,691
down €8,691 (-36.3%), from €23,929 to €15,238
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€6,861
Gross operating margin
+€75,261
Staff costs
-€12,746
Depreciation
-€17,853
Other operating charges
+€501
Other operating items
-€3,165
Financial income
+€91
Financial charges
+€8,691
Taxes
-€17,887
Result 2025
€39,754
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€171,515
Investment
-€17,973
Financing
-€50,380
Cash 2024
€19,490
From operations (derived)
+€171,515
Net result for the year
+€39,754
Depreciation
+€56,387
Stocks and contracts
+€76,504
Receivables within one year
+€121,343
Deferred charges and accrued income
+€4,432
Trade debts
-€136,957
Tax, wage and social debts
-€1,681
Other debts
-€52,500
Accrued charges and deferred income
+€64,233
Investment (derived)
-€17,973
Investment in fixed assets (net)
-€17,973
Financing
-€50,380
Debts after one year
-€13,834
Current portion of long-term debt
-€20,374
Short-term financial debts
-€16,172
Cash 2025
€122,652
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €953,409 | €815,878 | -€137,531 | -14.4% |
| Fixed assets | 21/28 | €355,101 | €316,687 | -€38,414 | -10.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €236,901 | €198,487 | -€38,414 | -16.2% |
| Land and buildings | 22 | €9,306 | €0 | -€9,306 | -100% |
| Plant, machinery and equipment | 23 | €56,918 | €35,275 | -€21,644 | -38.0% |
| Furniture and vehicles | 24 | €9,969 | €16,890 | +€6,921 | +69.4% |
| Other tangible fixed assets | 26 | €160,707 | €146,322 | -€14,385 | -9.0% |
| Financial fixed assets | 28 | €118,200 | €118,200 | = | 0.0% |
| Current assets | 29/58 | €598,308 | €499,191 | -€99,117 | -16.6% |
| Stocks and contracts in progress | 3 | €197,924 | €121,420 | -€76,504 | -38.7% |
| Stocks | 30/36 | €197,924 | €121,420 | -€76,504 | -38.7% |
| Amounts receivable within one year | 40/41 | €374,307 | €252,964 | -€121,343 | -32.4% |
| Trade receivables | 40 | €198,244 | €96,662 | -€101,582 | -51.2% |
| Other amounts receivable | 41 | €176,062 | €156,302 | -€19,761 | -11.2% |
| Cash at bank and in hand | 54/58 | €19,490 | €122,652 | +€103,162 | +529% |
| Deferred charges and accrued income | 490/1 | €6,587 | €2,155 | -€4,432 | -67.3% |
| Total equity and liabilities | 10/49 | €953,409 | €815,878 | -€137,531 | -14.4% |
| Equity | 10/15 | €208,810 | €248,565 | +€39,754 | +19.0% |
| Contributions | 10/11 | €138,600 | €138,600 | = | 0.0% |
| Reserves | 13 | €70,210 | €109,965 | +€39,754 | +56.6% |
| Distributable reserves | 133 | €70,210 | €109,965 | +€39,754 | +56.6% |
| Amounts payable | 17/49 | €744,599 | €567,313 | -€177,286 | -23.8% |
| Amounts payable after more than one year | 17 | €18,834 | €5,000 | -€13,834 | -73.5% |
| Financial debts | 170/4 | €18,834 | €0 | -€18,834 | -100% |
| Other amounts payable | 178/9 | €0 | €5,000 | +€5,000 | |
| Amounts payable within one year | 42/48 | €702,765 | €475,080 | -€227,685 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €39,208 | €18,834 | -€20,374 | -52.0% |
| Financial debts | 43 | €231,172 | €215,000 | -€16,172 | -7.0% |
| Credit institutions | 430/8 | €231,172 | €215,000 | -€16,172 | -7.0% |
| Trade debts | 44 | €333,183 | €196,225 | -€136,957 | -41.1% |
| Suppliers | 440/4 | €333,183 | €196,225 | -€136,957 | -41.1% |
| Taxes, remuneration and social security | 45 | €21,203 | €19,522 | -€1,681 | -7.9% |
| Taxes | 450/3 | €12,180 | €15,288 | +€3,108 | +25.5% |
| Remuneration and social security | 454/9 | €9,023 | €4,234 | -€4,789 | -53.1% |
| Other amounts payable | 47/48 | €78,000 | €25,500 | -€52,500 | -67.3% |
| Accrued charges and deferred income | 492/3 | €23,000 | €87,233 | +€64,233 | +279% |
| Non-recurring operating income | 76A | €1,506 | €10,117 | +€8,610 | +572% |
| Remuneration, social security and pensions | 62 | €23,076 | €35,823 | +€12,746 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,534 | €56,387 | +€17,853 | +46.3% |
| Other operating charges | 640/8 | €3,221 | €2,720 | -€501 | -15.6% |
| Non-recurring operating charges | 66A | €2,238 | €5,403 | +€3,165 | +141% |
| Gross operating margin | 9900 | €94,906 | €170,167 | +€75,261 | +79.3% |
| Operating profit (loss) | 9901 | €27,836 | €69,834 | +€41,998 | +151% |
| Financial income | 75/76B | €6,578 | €6,669 | +€91 | +1.4% |
| Recurring financial income | 75 | €6,578 | €6,669 | +€91 | +1.4% |
| Financial charges | 65/66B | €23,929 | €15,238 | -€8,691 | -36.3% |
| Recurring financial charges | 65 | €23,929 | €15,238 | -€8,691 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €10,485 | €61,265 | +€50,780 | +484% |
| Income taxes | 67/77 | €3,624 | €21,511 | +€17,887 | +494% |
| Profit (loss) for the period | 9904 | €6,861 | €39,754 | +€32,893 | +479% |
| Profit (loss) for the period to be appropriated | 9905 | €6,861 | €39,754 | +€32,893 | +479% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.