CROWN SECURITY: 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.
CROWN SECURITY
Largest movements
- Receivables within one year -€30,995
down €30,995 (-40.5%), from €76,470 to €45,475
of which Trade receivables: -€56,525
- Deferred charges and accrued income +€1,732
up €1,732 (+45.1%), from €3,838 to €5,570
- Profit (loss) carried forward -€23,310
down €23,310 (-99.9%), from €23,327 to €17
- Trade debts -€4,098
down €4,098 (-37.1%), from €11,032 to €6,934
- Tax, wage and social debts -€3,166
down €3,166 (-7.9%), from €40,169 to €37,003
of which Remuneration and social security: -€6,190
- Staff costs +€43,070
up €43,070 (+93.5%), from €46,057 to €89,127
- Taxes -€11,409
no longer reported in 2025 (was €11,409)
- Gross operating margin +€6,932
up €6,932 (+10.8%), from €64,330 to €71,262
- Other operating charges +€1,628
up €1,628 (+143.6%), from €1,134 to €2,761
- Financial charges +€1,196
up €1,196 (+140.5%), from €851 to €2,047
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 | €87,027 | €57,162 | -€29,865 | -34.3% |
| Fixed assets | 21/28 | €6,699 | €6,058 | -€640 | -9.6% |
| Tangible fixed assets | 22/27 | €697 | €57 | -€640 | -91.9% |
| Plant, machinery and equipment | 23 | €187 | - | -€187 | |
| Furniture and vehicles | 24 | €510 | €57 | -€453 | -88.9% |
| Financial fixed assets | 28 | €6,002 | €6,002 | = | 0.0% |
| Current assets | 29/58 | €80,329 | €51,104 | -€29,224 | -36.4% |
| Amounts receivable within one year | 40/41 | €76,470 | €45,475 | -€30,995 | -40.5% |
| Trade receivables | 40 | €60,331 | €3,805 | -€56,525 | -93.7% |
| Other amounts receivable | 41 | €16,139 | €41,670 | +€25,531 | +158.2% |
| Cash at bank and in hand | 54/58 | €21 | €59 | +€38 | +184.8% |
| Deferred charges and accrued income | 490/1 | €3,838 | €5,570 | +€1,732 | +45.1% |
| Total equity and liabilities | 10/49 | €87,027 | €57,162 | -€29,865 | -34.3% |
| Equity | 10/15 | €35,827 | €12,517 | -€23,310 | -65.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,327 | €17 | -€23,310 | -99.9% |
| Amounts payable | 17/49 | €51,201 | €44,646 | -€6,555 | -12.8% |
| Amounts payable within one year | 42/48 | €51,201 | €44,646 | -€6,555 | -12.8% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €11,032 | €6,934 | -€4,098 | -37.1% |
| Suppliers | 440/4 | €11,032 | €6,934 | -€4,098 | -37.1% |
| Advances received on contracts in progress | 46 | - | €708 | +€708 | |
| Taxes, remuneration and social security | 45 | €40,169 | €37,003 | -€3,166 | -7.9% |
| Taxes | 450/3 | €25,566 | €28,590 | +€3,024 | +11.8% |
| Remuneration and social security | 454/9 | €14,603 | €8,414 | -€6,190 | -42.4% |
| Remuneration, social security and pensions | 62 | €46,057 | €89,127 | +€43,070 | +93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,284 | €640 | -€644 | -50.1% |
| Other operating charges | 640/8 | €1,134 | €2,761 | +€1,628 | +143.6% |
| Gross operating margin | 9900 | €64,330 | €71,262 | +€6,932 | +10.8% |
| Operating profit (loss) | 9901 | €15,856 | -€21,267 | -€37,122 | |
| Financial income | 75/76B | €692 | €4 | -€689 | -99.5% |
| Recurring financial income | 75 | €692 | €4 | -€689 | -99.5% |
| Financial charges | 65/66B | €851 | €2,047 | +€1,196 | +140.5% |
| Recurring financial charges | 65 | €851 | €2,047 | +€1,196 | +140.5% |
| Profit (loss) for the period before taxes | 9903 | €15,697 | -€23,310 | -€39,007 | |
| Income taxes | 67/77 | €11,409 | - | -€11,409 | |
| Profit (loss) for the period | 9904 | €4,288 | -€23,310 | -€27,597 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,288 | -€23,310 | -€27,597 |
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 5 October 2026 via checked.be.