Crustax: 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.
Crustax
Largest movements
- Cash +€41,438
up €41,438 (+1434.4%), from €2,889 to €44,327
mainly Depreciation (+€35,275) and Debts after one year (+€16,940)
- Tangible fixed assets -€29,238
down €29,238 (-9.4%), from €311,873 to €282,635
- Receivables within one year +€5,000
new in 2025: €5,000
- Debts after one year +€16,940
up €16,940 (+7.8%), from €216,862 to €233,802
- Depreciation +€2,282
up €2,282 (+6.9%), from €32,992 to €35,275
- Gross operating margin +€1,945
up €1,945 (+5.2%), from €37,080 to €39,025
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 | €316,044 | €333,244 | +€17,200 | +5.4% |
| Fixed assets | 21/28 | €311,873 | €282,635 | -€29,238 | -9.4% |
| Tangible fixed assets | 22/27 | €311,873 | €282,635 | -€29,238 | -9.4% |
| Land and buildings | 22 | €311,873 | €282,635 | -€29,238 | -9.4% |
| Current assets | 29/58 | €4,171 | €50,610 | +€46,439 | +1113.4% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Current investments | 50/53 | €1,282 | €1,282 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €2,889 | €44,327 | +€41,438 | +1434.4% |
| Total equity and liabilities | 10/49 | €316,044 | €333,244 | +€17,200 | +5.4% |
| Equity | 10/15 | €99,182 | €99,443 | +€260 | +0.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,012 | €31,272 | +€260 | +0.8% |
| Amounts payable | 17/49 | €216,862 | €233,802 | +€16,940 | +7.8% |
| Amounts payable after more than one year | 17 | €216,862 | €233,802 | +€16,940 | +7.8% |
| Financial debts | 170/4 | €216,862 | €233,802 | +€16,940 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,992 | €35,275 | +€2,282 | +6.9% |
| Other operating charges | 640/8 | €3,533 | €3,319 | -€214 | -6.0% |
| Gross operating margin | 9900 | €37,080 | €39,025 | +€1,945 | +5.2% |
| Operating profit (loss) | 9901 | €555 | €431 | -€124 | -22.3% |
| Financial charges | 65/66B | €166 | €170 | +€4 | +2.4% |
| Recurring financial charges | 65 | €166 | €170 | +€4 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €388 | €260 | -€128 | -32.9% |
| Profit (loss) for the period | 9904 | €388 | €260 | -€128 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €388 | €260 | -€128 | -32.9% |
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 2 October 2026 via checked.be.