Cruxsoft: what changed
Two financial 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.
Cruxsoft
Largest movements
- Cash +€753,863
up €753,863 (+42.4%), from €1.8m to €2.5m
mainly Net result for the year (+€1.3m) and Receivables within one year (+€170,734)
- Receivables within one year -€170,734
down €170,734 (-12.4%), from €1.4m to €1.2m
of which Trade receivables: -€318,153
- Profit (loss) carried forward +€1.1m
up €1.1m (+110%), from €1.0m to €2.2m
- Debts after one year -€441,012
down €441,012 (-100%), from €441,012 to €0
- Advances received -€139,863
down €139,863 (-29.8%), from €469,148 to €329,285
- Trade debts +€135,499
up €135,499 (+32.1%), from €421,899 to €557,398
- Tax, wage and social debts +€106,011
up €106,011 (+9.1%), from €1.2m to €1.3m
of which Taxes: +€186,225
- Staff costs -€610,333
down €610,333 (-18.9%), from €3.2m to €2.6m
- Gross operating margin +€539,556
up €539,556 (+13.0%), from €4.1m to €4.7m
- Taxes +€173,371
up €173,371 (+56.8%), from €305,400 to €478,771
- Financial charges +€58,646
up €58,646 (+2,792%), from €2,100 to €60,746
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.
Derived cash bridge
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 | €4,270,578 | €4,886,576 | +€615,998 | +14.4% |
| Fixed assets | 21/28 | €1,112,889 | €1,145,234 | +€32,345 | +2.9% |
| Intangible fixed assets | 21 | €3,050 | €1,228 | -€1,822 | -59.7% |
| Tangible fixed assets | 22/27 | €1,080,242 | €1,113,884 | +€33,642 | +3.1% |
| Land and buildings | 22 | €971,820 | €976,633 | +€4,812 | +0.5% |
| Plant, machinery and equipment | 23 | €12,694 | €8,200 | -€4,494 | -35.4% |
| Furniture and vehicles | 24 | €95,727 | €129,051 | +€33,324 | +34.8% |
| Financial fixed assets | 28 | €29,597 | €30,122 | +€525 | +1.8% |
| Current assets | 29/58 | €3,157,690 | €3,741,342 | +€583,652 | +18.5% |
| Amounts receivable within one year | 40/41 | €1,381,485 | €1,210,750 | -€170,734 | -12.4% |
| Trade receivables | 40 | €1,337,799 | €1,019,646 | -€318,153 | -23.8% |
| Other amounts receivable | 41 | €43,686 | €191,105 | +€147,419 | +337% |
| Cash at bank and in hand | 54/58 | €1,776,205 | €2,530,068 | +€753,863 | +42.4% |
| Deferred charges and accrued income | 490/1 | - | €523 | +€523 | |
| Total equity and liabilities | 10/49 | €4,270,578 | €4,886,576 | +€615,998 | +14.4% |
| Equity | 10/15 | €1,498,257 | €2,634,717 | +€1.1m | +75.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €450,805 | €450,805 | = | 0.0% |
| Non-distributable reserves | 130/1 | €805 | €805 | = | 0.0% |
| Reserves not available under the articles | 1311 | €805 | €805 | = | 0.0% |
| Distributable reserves | 133 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,035,052 | €2,171,512 | +€1.1m | +110% |
| Amounts payable | 17/49 | €2,772,322 | €2,251,858 | -€520,463 | -18.8% |
| Amounts payable after more than one year | 17 | €441,012 | €0 | -€441,012 | -100% |
| Financial debts | 170/4 | €441,012 | €0 | -€441,012 | -100% |
| Amounts payable within one year | 42/48 | €2,331,310 | €2,251,858 | -€79,451 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €74,494 | €0 | -€74,494 | -100% |
| Financial debts | 43 | €1,094 | €0 | -€1,094 | -100% |
| Credit institutions | 430/8 | €1,094 | €0 | -€1,094 | -100% |
| Trade debts | 44 | €421,899 | €557,398 | +€135,499 | +32.1% |
| Suppliers | 440/4 | €421,899 | €557,398 | +€135,499 | +32.1% |
| Advances received on contracts in progress | 46 | €469,148 | €329,285 | -€139,863 | -29.8% |
| Taxes, remuneration and social security | 45 | €1,166,445 | €1,272,456 | +€106,011 | +9.1% |
| Taxes | 450/3 | €331,320 | €517,545 | +€186,225 | +56.2% |
| Remuneration and social security | 454/9 | €835,125 | €754,911 | -€80,214 | -9.6% |
| Other amounts payable | 47/48 | €198,229 | €92,720 | -€105,509 | -53.2% |
| Non-recurring operating income | 76A | - | €6,031 | +€6,031 | |
| Remuneration, social security and pensions | 62 | €3,223,486 | €2,613,153 | -€610,333 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,917 | €109,218 | +€5,301 | +5.1% |
| Other operating charges | 640/8 | €33,145 | €32,326 | -€819 | -2.5% |
| Non-recurring operating charges | 66A | - | €152,488 | +€152,488 | |
| Gross operating margin | 9900 | €4,146,973 | €4,686,529 | +€539,556 | +13.0% |
| Operating profit (loss) | 9901 | €786,424 | €1,779,343 | +€992,919 | +126% |
| Financial income | 75/76B | €5,033 | €18,586 | +€13,553 | +269% |
| Recurring financial income | 75 | €5,033 | €18,586 | +€13,553 | +269% |
| Financial charges | 65/66B | €2,100 | €60,746 | +€58,646 | +2,792% |
| Recurring financial charges | 65 | €2,100 | €60,746 | +€58,646 | +2,792% |
| Profit (loss) for the period before taxes | 9903 | €789,358 | €1,737,183 | +€947,825 | +120% |
| Income taxes | 67/77 | €305,400 | €478,771 | +€173,371 | +56.8% |
| Profit (loss) for the period | 9904 | €483,958 | €1,258,412 | +€774,454 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €483,958 | €1,258,412 | +€774,454 | +160% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.