Crown Steps: 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 Steps
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,277
2024 · -€1,419-€858
Equity
-€106,763
2024 · -€104,486-€2,277
Cash
€524
2024 · €644-€121
Balance sheet total
€525
2024 · €644-€119
Largest movements
Assets
- Cash -€121
down €121 (-18.7%), from €644 to €524
mainly Net result for the year (-€2,277) and Receivables within one year (-€1)
Equity and liabilities
- Profit (loss) carried forward -€2,277
down €2,277 (-1.6%), from -€139,486 to -€141,763
- Debts after one year +€2,145
up €2,145 (+3.0%), from €72,546 to €74,691
of which Financial debts: +€2,145
- Trade debts +€13
new in 2025: €13
of which Suppliers: +€13
Income statement
- Gross operating margin -€1,127
down €1,127 (-716.3%), from -€157 to -€1,284
- Purchases and services +€1,127
up €1,127 (+716.3%), from €157 to €1,284
- Other operating charges -€444
down €444 (-35.2%), from €1,261 to €817
- Financial charges +€176
new in 2025: €176
of which Financial charges: +€176
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
-€1,419
Gross operating margin
-€1,127
Other operating charges
+€444
Financial charges
-€176
Result 2025
-€2,277
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
-€2,266
Investment
€0
Financing
+€2,145
Cash 2024
€644
From operations (derived)
-€2,266
Net result for the year
-€2,277
Receivables within one year
-€1
Trade debts
+€13
Financing
+€2,145
Debts after one year
+€2,145
Cash 2025
€524
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644 | €525 | -€119 | -18.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €644 | €525 | -€119 | -18.5% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | - | €1 | +€1 | |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €644 | €524 | -€121 | -18.7% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €644 | €525 | -€119 | -18.5% |
| Equity | 10/15 | -€104,486 | -€106,763 | -€2,277 | -2.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Outside capital | 11 | €35,000 | - | -€35,000 | |
| Other | 1109/19 | €35,000 | - | -€35,000 | |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | - | €0 | = | |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€139,486 | -€141,763 | -€2,277 | -1.6% |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €105,130 | €107,288 | +€2,158 | +2.1% |
| Amounts payable after more than one year | 17 | €72,546 | €74,691 | +€2,145 | +3.0% |
| Financial debts | 170/4 | €72,546 | €74,691 | +€2,145 | +3.0% |
| Trade debts | 175 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €32,584 | €32,596 | +€13 | 0.0% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | - | €13 | +€13 | |
| Suppliers | 440/4 | - | €13 | +€13 | |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €32,584 | €32,584 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €157 | €1,284 | +€1,127 | +716.3% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €0 | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €1,261 | €817 | -€444 | -35.2% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€157 | -€1,284 | -€1,127 | -716.3% |
| Operating profit (loss) | 9901 | -€1,419 | -€2,101 | -€683 | -48.1% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | - | €176 | +€176 | |
| Recurring financial charges | 65 | - | €176 | +€176 | |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€1,419 | -€2,277 | -€858 | -60.5% |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€1,419 | -€2,277 | -€858 | -60.5% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,419 | -€2,277 | -€858 | -60.5% |
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 7 October 2026 via checked.be.