CRUISER CONSULT: 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.
CRUISER CONSULT
Largest movements
- Receivables within one year -€235,222
down €235,222 (-76.6%), from €307,277 to €72,056
of which Trade receivables: -€201,787
- Current investments +€45,105
up €45,105 (+34.4%), from €131,178 to €176,282
- Cash +€27,618
up €27,618 (+160.4%), from €17,213 to €44,830
mainly Receivables within one year (+€235,222) and Net result for the year (+€98,577)
- Tangible fixed assets -€20,035
down €20,035 (-2.8%), from €715,818 to €695,783
of which Other tangible fixed assets: -€12,313
- Other debts -€240,518
down €240,518 (-67.4%), from €357,019 to €116,500
- Reserves +€200,665
up €200,665 (+33.5%), from €599,068 to €799,733
of which Non-distributable reserves: +€100,332
- Profit (loss) carried forward -€102,088
down €102,088, from €0 to -€102,088
- Accrued charges and deferred income -€30,684
down €30,684 (-96.0%), from €31,968 to €1,284
- Debts after one year -€24,724
down €24,724 (-19.3%), from €128,432 to €103,708
- Gross operating margin -€122,486
down €122,486 (-37.3%), from €327,946 to €205,461
- Taxes -€33,718
down €33,718 (-43.8%), from €76,900 to €43,182
- Financial charges -€30,165
down €30,165 (-79.4%), from €37,989 to €7,824
- Depreciation +€23,364
up €23,364 (+74.3%), from €31,445 to €54,809
- Financial income +€4,385
up €4,385 (+12259.6%), from €36 to €4,421
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 | €1,181,667 | €999,621 | -€182,046 | -15.4% |
| Fixed assets | 21/28 | €716,218 | €696,183 | -€20,035 | -2.8% |
| Tangible fixed assets | 22/27 | €715,818 | €695,783 | -€20,035 | -2.8% |
| Land and buildings | 22 | €115,235 | €111,790 | -€3,445 | -3.0% |
| Plant, machinery and equipment | 23 | €7,928 | €10,753 | +€2,824 | +35.6% |
| Furniture and vehicles | 24 | €330,664 | €323,563 | -€7,101 | -2.1% |
| Other tangible fixed assets | 26 | €261,991 | €249,678 | -€12,313 | -4.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €465,449 | €303,438 | -€162,011 | -34.8% |
| Amounts receivable within one year | 40/41 | €307,277 | €72,056 | -€235,222 | -76.6% |
| Trade receivables | 40 | €273,842 | €72,056 | -€201,787 | -73.7% |
| Other amounts receivable | 41 | €33,435 | €0 | -€33,435 | -100.0% |
| Current investments | 50/53 | €131,178 | €176,282 | +€45,105 | +34.4% |
| Cash at bank and in hand | 54/58 | €17,213 | €44,830 | +€27,618 | +160.4% |
| Deferred charges and accrued income | 490/1 | €9,781 | €10,269 | +€488 | +5.0% |
| Total equity and liabilities | 10/49 | €1,181,667 | €999,621 | -€182,046 | -15.4% |
| Equity | 10/15 | €617,618 | €716,196 | +€98,577 | +16.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €599,068 | €799,733 | +€200,665 | +33.5% |
| Non-distributable reserves | 130/1 | €599,068 | €699,401 | +€100,332 | +16.7% |
| Other | 1319 | €599,068 | €699,401 | +€100,332 | +16.7% |
| Distributable reserves | 133 | - | €100,332 | +€100,332 | |
| Profit (loss) carried forward | 14 | €0 | -€102,088 | -€102,088 | |
| Amounts payable | 17/49 | €564,048 | €283,425 | -€280,623 | -49.8% |
| Amounts payable after more than one year | 17 | €128,432 | €103,708 | -€24,724 | -19.3% |
| Financial debts | 170/4 | €128,432 | €103,708 | -€24,724 | -19.3% |
| Amounts payable within one year | 42/48 | €403,648 | €178,432 | -€225,216 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €25,813 | €25,192 | -€621 | -2.4% |
| Financial debts | 43 | €1,717 | €182 | -€1,535 | -89.4% |
| Credit institutions | 430/8 | €1,717 | €182 | -€1,535 | -89.4% |
| Trade debts | 44 | €4,006 | €4,006 | -€0 | 0.0% |
| Suppliers | 440/4 | €4,006 | €4,006 | -€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €15,093 | €32,552 | +€17,459 | +115.7% |
| Taxes | 450/3 | €15,093 | €32,552 | +€17,459 | +115.7% |
| Other amounts payable | 47/48 | €357,019 | €116,500 | -€240,518 | -67.4% |
| Accrued charges and deferred income | 492/3 | €31,968 | €1,284 | -€30,684 | -96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,445 | €54,809 | +€23,364 | +74.3% |
| Other operating charges | 640/8 | €4,194 | €5,311 | +€1,117 | +26.6% |
| Non-recurring operating charges | 66A | €7,052 | €178 | -€6,874 | -97.5% |
| Gross operating margin | 9900 | €327,946 | €205,461 | -€122,486 | -37.3% |
| Operating profit (loss) | 9901 | €285,255 | €145,161 | -€140,093 | -49.1% |
| Financial income | 75/76B | €36 | €4,421 | +€4,385 | +12259.6% |
| Recurring financial income | 75 | €36 | €4,421 | +€4,385 | +12259.6% |
| Financial charges | 65/66B | €37,989 | €7,824 | -€30,165 | -79.4% |
| Recurring financial charges | 65 | €37,989 | €7,824 | -€30,165 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | €247,302 | €141,759 | -€105,543 | -42.7% |
| Income taxes | 67/77 | €76,900 | €43,182 | -€33,718 | -43.8% |
| Profit (loss) for the period | 9904 | €170,402 | €98,577 | -€71,825 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,402 | €98,577 | -€71,825 | -42.2% |
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.