Cruyt An-Sofie: 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.
Cruyt An-Sofie
Largest movements
- Cash -€247,202
down €247,202 (-96.1%), from €257,198 to €9,995
mainly Contributions, distributions and other (-€245,508) and Current investments (-€168,403)
- Current investments +€168,403
new in 2025: €168,403
- Tangible fixed assets +€92,453
up €92,453 (+49.5%), from €186,601 to €279,053
of which Land and buildings: +€92,789
- Receivables within one year +€16,311
up €16,311 (+70.7%), from €23,067 to €39,379
of which Trade receivables: +€11,701
- Reserves -€130,280
down €130,280 (-53.1%), from €245,508 to €115,228
- Short-term financial debts +€100,000
new in 2025: €100,000
- Other debts +€69,437
up €69,437 (+210.7%), from €32,955 to €102,391
- Debts after one year -€15,635
down €15,635 (-9.4%), from €165,615 to €149,980
- Trade debts +€9,334
up €9,334 (+623.1%), from €1,498 to €10,832
- Gross operating margin +€19,920
up €19,920 (+10.8%), from €184,392 to €204,312
- Other operating charges +€14,716
up €14,716 (+461.3%), from €3,190 to €17,907
- Taxes +€5,598
up €5,598 (+15.3%), from €36,590 to €42,188
- Financial charges +€2,634
up €2,634 (+34.2%), from €7,698 to €10,332
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 | €467,751 | €500,470 | +€32,718 | +7.0% |
| Fixed assets | 21/28 | €186,601 | €279,053 | +€92,453 | +49.5% |
| Tangible fixed assets | 22/27 | €186,601 | €279,053 | +€92,453 | +49.5% |
| Land and buildings | 22 | €152,208 | €244,997 | +€92,789 | +61.0% |
| Furniture and vehicles | 24 | €6,527 | €14,301 | +€7,775 | +119.1% |
| Leasing and similar rights | 25 | €27,866 | €19,755 | -€8,111 | -29.1% |
| Current assets | 29/58 | €281,151 | €221,416 | -€59,735 | -21.2% |
| Amounts receivable within one year | 40/41 | €23,067 | €39,379 | +€16,311 | +70.7% |
| Trade receivables | 40 | €21,658 | €33,359 | +€11,701 | +54.0% |
| Other amounts receivable | 41 | €1,410 | €6,020 | +€4,610 | +327.1% |
| Current investments | 50/53 | - | €168,403 | +€168,403 | |
| Cash at bank and in hand | 54/58 | €257,198 | €9,995 | -€247,202 | -96.1% |
| Deferred charges and accrued income | 490/1 | €886 | €3,639 | +€2,753 | +310.9% |
| Total equity and liabilities | 10/49 | €467,751 | €500,470 | +€32,718 | +7.0% |
| Equity | 10/15 | €250,508 | €120,228 | -€130,280 | -52.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €245,508 | €115,228 | -€130,280 | -53.1% |
| Distributable reserves | 133 | €245,508 | €115,228 | -€130,280 | -53.1% |
| Amounts payable | 17/49 | €217,244 | €380,241 | +€162,998 | +75.0% |
| Amounts payable after more than one year | 17 | €165,615 | €149,980 | -€15,635 | -9.4% |
| Financial debts | 170/4 | €165,615 | €149,980 | -€15,635 | -9.4% |
| Amounts payable within one year | 42/48 | €51,628 | €230,261 | +€178,633 | +346.0% |
| Current portion of amounts payable after more than one year | 42 | €15,152 | €15,635 | +€483 | +3.2% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €1,498 | €10,832 | +€9,334 | +623.1% |
| Suppliers | 440/4 | €1,498 | €10,832 | +€9,334 | +623.1% |
| Taxes, remuneration and social security | 45 | €2,024 | €1,403 | -€621 | -30.7% |
| Taxes | 450/3 | €774 | €1,403 | +€629 | +81.3% |
| Remuneration and social security | 454/9 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | €32,955 | €102,391 | +€69,437 | +210.7% |
| Non-recurring operating income | 76A | - | €391 | +€391 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,064 | €19,351 | +€1,287 | +7.1% |
| Other operating charges | 640/8 | €3,190 | €17,907 | +€14,716 | +461.3% |
| Gross operating margin | 9900 | €184,392 | €204,312 | +€19,920 | +10.8% |
| Operating profit (loss) | 9901 | €163,138 | €167,054 | +€3,917 | +2.4% |
| Financial income | 75/76B | - | €694 | +€694 | |
| Recurring financial income | 75 | - | €694 | +€694 | |
| Financial charges | 65/66B | €7,698 | €10,332 | +€2,634 | +34.2% |
| Recurring financial charges | 65 | €7,698 | €10,332 | +€2,634 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €155,440 | €157,417 | +€1,977 | +1.3% |
| Income taxes | 67/77 | €36,590 | €42,188 | +€5,598 | +15.3% |
| Profit (loss) for the period | 9904 | €118,849 | €115,228 | -€3,621 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €118,849 | €115,228 | -€3,621 | -3.0% |
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 11 October 2026 via checked.be.