CRUYSVELTSTEDE: what changed
What changed
CRUYSVELTSTEDE
NACE 42.990, Civil engineering
filed annual accounts (NBB)
Net result for the year
-€6,714
2024 · -€74,699+€67,985
Equity
€856,504
2024 · €863,316-€6,812
Cash
€6,044
2024 · €52,744-€46,700
Balance sheet total
€2.1m
2024 · €2.4m-€301,237
Largest movements
Assets
- Stocks and contracts -€172,500
no longer reported in 2025 (was €172,500)
- Tangible fixed assets -€82,138
down €82,138 (-3.7%), from €2.2m to €2.1m
of which Land and buildings: -€82,324
- Cash -€46,700
down €46,700 (-88.5%), from €52,744 to €6,044
mainly Other debts (-€264,250) and Debts after one year (-€25,524)
Equity and liabilities
- Other debts -€264,250
down €264,250 (-23.8%), from €1.1m to €846,073
- Debts after one year -€25,524
down €25,524 (-8.5%), from €301,403 to €275,880
Income statement
- Gross operating margin +€45,772
up €45,772 (+51.5%), from €88,948 to €134,719
- Taxes -€23,057
no longer reported in 2025 (was €23,057)
- Financial charges +€1,632
up €1,632 (+27.8%), from €5,878 to €7,511
- Depreciation -€1,436
down €1,436 (-1.7%), from €83,957 to €82,521
- Staff costs +€1,424
up €1,424 (+3.1%), from €45,453 to €46,877
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€74,699
Gross operating margin
+€45,772
Staff costs
-€1,424
Depreciation
+€1,436
Other operating charges
+€777
Financial charges
-€1,632
Taxes
+€23,057
Result 2025
-€6,714
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€21,050
Investment
-€383
Financing
-€25,267
Cash 2024
€52,744
From operations (derived)
-€21,050
Net result for the year
-€6,714
Depreciation
+€82,521
Stocks and contracts
+€172,500
Smaller working-capital items
+€125
Provisions
-€5,232
Other debts
-€264,250
Investment (derived)
-€383
Investment in fixed assets (net)
-€383
Financing
-€25,267
Debts after one year
-€25,524
Current portion of long-term debt
+€355
Contributions, distributions and other
-€98
Cash 2025
€6,044
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,417,422 | €2,116,185 | -€301,237 | -12.5% |
| Fixed assets | 21/28 | €2,191,166 | €2,109,027 | -€82,138 | -3.7% |
| Tangible fixed assets | 22/27 | €2,191,166 | €2,109,027 | -€82,138 | -3.7% |
| Land and buildings | 22 | €2,190,972 | €2,108,648 | -€82,324 | -3.8% |
| Plant, machinery and equipment | 23 | €193 | €73 | -€120 | -62.2% |
| Furniture and vehicles | 24 | - | €306 | +€306 | |
| Current assets | 29/58 | €226,257 | €7,158 | -€219,099 | -96.8% |
| Stocks and contracts in progress | 3 | €172,500 | - | -€172,500 | |
| Stocks | 30/36 | €172,500 | - | -€172,500 | |
| Amounts receivable within one year | 40/41 | - | €25 | +€25 | |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Cash at bank and in hand | 54/58 | €52,744 | €6,044 | -€46,700 | -88.5% |
| Deferred charges and accrued income | 490/1 | €1,012 | €1,088 | +€76 | +7.5% |
| Total equity and liabilities | 10/49 | €2,417,422 | €2,116,185 | -€301,237 | -12.5% |
| Equity | 10/15 | €863,316 | €856,504 | -€6,812 | -0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €465,903 | €456,851 | -€9,053 | -1.9% |
| Reserves | 13 | €512,427 | €505,935 | -€6,492 | -1.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €232,671 | €217,126 | -€15,545 | -6.7% |
| Distributable reserves | 133 | €273,556 | €282,609 | +€9,053 | +3.3% |
| Profit (loss) carried forward | 14 | -€179,762 | -€170,931 | +€8,831 | +4.9% |
| Investment grants | 15 | €2,748 | €2,650 | -€98 | -3.6% |
| Provisions and deferred taxes | 16 | €105,926 | €100,693 | -€5,232 | -4.9% |
| Deferred taxes | 168 | €105,926 | €100,693 | -€5,232 | -4.9% |
| Amounts payable | 17/49 | €1,448,181 | €1,158,988 | -€289,193 | -20.0% |
| Amounts payable after more than one year | 17 | €301,403 | €275,880 | -€25,524 | -8.5% |
| Financial debts | 170/4 | €301,403 | €275,880 | -€25,524 | -8.5% |
| Amounts payable within one year | 42/48 | €1,146,698 | €883,109 | -€263,590 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €25,169 | €25,524 | +€355 | +1.4% |
| Trade debts | 44 | €133 | €111 | -€22 | -16.6% |
| Suppliers | 440/4 | €133 | €111 | -€22 | -16.6% |
| Taxes, remuneration and social security | 45 | €11,073 | €11,401 | +€328 | +3.0% |
| Taxes | 450/3 | €2,720 | €2,700 | -€20 | -0.7% |
| Remuneration and social security | 454/9 | €8,354 | €8,702 | +€348 | +4.2% |
| Other amounts payable | 47/48 | €1,110,323 | €846,073 | -€264,250 | -23.8% |
| Accrued charges and deferred income | 492/3 | €80 | - | -€80 | |
| Non-recurring operating income | 76A | €2,296 | - | -€2,296 | |
| Remuneration, social security and pensions | 62 | €45,453 | €46,877 | +€1,424 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,957 | €82,521 | -€1,436 | -1.7% |
| Other operating charges | 640/8 | €10,631 | €9,854 | -€777 | -7.3% |
| Gross operating margin | 9900 | €88,948 | €134,719 | +€45,772 | +51.5% |
| Operating profit (loss) | 9901 | -€51,094 | -€4,533 | +€46,561 | +91.1% |
| Financial income | 75/76B | €98 | €98 | = | 0.0% |
| Recurring financial income | 75 | €98 | €98 | = | 0.0% |
| Financial charges | 65/66B | €5,878 | €7,511 | +€1,632 | +27.8% |
| Recurring financial charges | 65 | €5,878 | €7,511 | +€1,632 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,874 | -€11,946 | +€44,928 | +79.0% |
| Transfer from deferred taxes | 780 | €5,232 | €5,232 | = | 0.0% |
| Income taxes | 67/77 | €23,057 | - | -€23,057 | |
| Profit (loss) for the period | 9904 | -€74,699 | -€6,714 | +€67,985 | +91.0% |
| Transfer from tax-exempt reserves | 789 | €15,545 | €15,545 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,155 | €8,831 | +€67,985 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.