CRUSTACARE: 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.
CRUSTACARE
Largest movements
- Tangible fixed assets -€809,089
down €809,089 (-34.4%), from €2.4m to €1.5m
of which Land and buildings: -€797,737
- Receivables within one year -€190,730
down €190,730 (-31.8%), from €599,867 to €409,137
of which Trade receivables: -€194,103
- Cash +€54,875
up €54,875 (+45.9%), from €119,598 to €174,473
mainly Investment in fixed assets (net) (+€708,361) and Receivables within one year (+€190,730)
- Debts after one year -€609,238
down €609,238 (-39.0%), from €1.6m to €951,755
- Trade debts -€510,108
down €510,108 (-68.9%), from €739,843 to €229,734
- Reserves +€112,414
up €112,414 (+204.7%), from €54,916 to €167,330
of which Distributable reserves: +€112,414
- Other debts +€44,270
up €44,270 (+353.9%), from €12,511 to €56,780
- Current portion of long-term debt -€35,189
down €35,189 (-28.4%), from €123,809 to €88,620
- Gross operating margin +€205,041
up €205,041 (+38.2%), from €536,743 to €741,784
- Staff costs -€57,033
down €57,033 (-33.9%), from €168,242 to €111,209
- Financial charges +€31,134
up €31,134 (+11.7%), from €265,358 to €296,492
- Depreciation -€28,851
down €28,851 (-19.8%), from €146,041 to €117,190
- Write-downs +€23,248
up €23,248 (+700.0%), from €3,321 to €26,569
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 | €3,410,225 | €2,475,069 | -€935,156 | -27.4% |
| Fixed assets | 21/28 | €2,375,323 | €1,549,772 | -€825,551 | -34.8% |
| Intangible fixed assets | 21 | €6,600 | €4,400 | -€2,200 | -33.3% |
| Tangible fixed assets | 22/27 | €2,351,616 | €1,542,527 | -€809,089 | -34.4% |
| Land and buildings | 22 | €2,322,274 | €1,524,537 | -€797,737 | -34.4% |
| Plant, machinery and equipment | 23 | €10,326 | €7,482 | -€2,844 | -27.5% |
| Furniture and vehicles | 24 | €11,059 | €3,451 | -€7,608 | -68.8% |
| Other tangible fixed assets | 26 | €7,957 | €7,057 | -€900 | -11.3% |
| Financial fixed assets | 28 | €17,107 | €2,845 | -€14,261 | -83.4% |
| Current assets | 29/58 | €1,034,903 | €925,298 | -€109,605 | -10.6% |
| Stocks and contracts in progress | 3 | €302,778 | €328,247 | +€25,469 | +8.4% |
| Stocks | 30/36 | €302,778 | €328,247 | +€25,469 | +8.4% |
| Amounts receivable within one year | 40/41 | €599,867 | €409,137 | -€190,730 | -31.8% |
| Trade receivables | 40 | €482,266 | €288,164 | -€194,103 | -40.2% |
| Other amounts receivable | 41 | €117,601 | €120,974 | +€3,373 | +2.9% |
| Cash at bank and in hand | 54/58 | €119,598 | €174,473 | +€54,875 | +45.9% |
| Deferred charges and accrued income | 490/1 | €12,660 | €13,441 | +€781 | +6.2% |
| Total equity and liabilities | 10/49 | €3,410,225 | €2,475,069 | -€935,156 | -27.4% |
| Equity | 10/15 | €73,508 | €185,922 | +€112,414 | +152.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €54,916 | €167,330 | +€112,414 | +204.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €53,057 | €165,471 | +€112,414 | +211.9% |
| Amounts payable | 17/49 | €3,336,717 | €2,289,148 | -€1.0m | -31.4% |
| Amounts payable after more than one year | 17 | €1,560,992 | €951,755 | -€609,238 | -39.0% |
| Financial debts | 170/4 | €1,560,992 | €951,755 | -€609,238 | -39.0% |
| Amounts payable within one year | 42/48 | €1,775,724 | €1,322,581 | -€453,143 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €123,809 | €88,620 | -€35,189 | -28.4% |
| Financial debts | 43 | €881,182 | €910,000 | +€28,818 | +3.3% |
| Credit institutions | 430/8 | €400,000 | €550,000 | +€150,000 | +37.5% |
| Other loans | 439 | €481,182 | €360,000 | -€121,182 | -25.2% |
| Trade debts | 44 | €739,843 | €229,734 | -€510,108 | -68.9% |
| Suppliers | 440/4 | €739,843 | €229,734 | -€510,108 | -68.9% |
| Taxes, remuneration and social security | 45 | €18,380 | €37,447 | +€19,067 | +103.7% |
| Taxes | 450/3 | €2,875 | €29,286 | +€26,410 | +918.5% |
| Remuneration and social security | 454/9 | €15,504 | €8,161 | -€7,343 | -47.4% |
| Other amounts payable | 47/48 | €12,511 | €56,780 | +€44,270 | +353.9% |
| Accrued charges and deferred income | 492/3 | - | €14,812 | +€14,812 | |
| Non-recurring operating income | 76A | €3,409 | €210,142 | +€206,733 | +6064.8% |
| Remuneration, social security and pensions | 62 | €168,242 | €111,209 | -€57,033 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,041 | €117,190 | -€28,851 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,321 | €26,569 | +€23,248 | +700.0% |
| Other operating charges | 640/8 | €88,024 | €84,075 | -€3,950 | -4.5% |
| Non-recurring operating charges | 66A | - | €3,889 | +€3,889 | |
| Gross operating margin | 9900 | €536,743 | €741,784 | +€205,041 | +38.2% |
| Operating profit (loss) | 9901 | €131,115 | €398,853 | +€267,738 | +204.2% |
| Financial income | 75/76B | €29,510 | €16,592 | -€12,918 | -43.8% |
| Recurring financial income | 75 | €29,510 | €16,592 | -€12,918 | -43.8% |
| Financial charges | 65/66B | €265,358 | €296,492 | +€31,134 | +11.7% |
| Recurring financial charges | 65 | €265,358 | €296,492 | +€31,134 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€104,733 | €118,952 | +€223,685 | |
| Income taxes | 67/77 | - | €6,539 | +€6,539 | |
| Profit (loss) for the period | 9904 | -€104,733 | €112,414 | +€217,146 | |
| Profit (loss) for the period to be appropriated | 9905 | -€104,733 | €112,414 | +€217,146 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.