CRUZ CONTROL: 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.
CRUZ CONTROL
Largest movements
- Receivables within one year -€14,539
down €14,539 (-37.7%), from €38,562 to €24,023
of which Other amounts receivable: -€13,567
- Cash -€9,729
down €9,729 (-25.3%), from €38,409 to €28,680
mainly Debts after one year (-€44,565) and Investment in fixed assets (net) (-€15,045)
- Tangible fixed assets -€7,925
down €7,925 (-1.9%), from €426,753 to €418,828
of which Land and buildings: -€18,076
- Deferred charges and accrued income -€7,036
down €7,036 (-77.4%), from €9,092 to €2,056
- Debts after one year -€44,565
down €44,565 (-10.2%), from €437,499 to €392,934
- Current portion of long-term debt +€15,425
up €15,425 (+180%), from €8,568 to €23,993
- Tax, wage and social debts -€14,842
down €14,842 (-88.7%), from €16,730 to €1,888
of which Remuneration and social security: -€9,861
- Short-term financial debts +€7,307
new in 2024: €7,307
- Gross operating margin -€54,884
down €54,884 (-59.7%), from €91,867 to €36,983
- Staff costs -€4,906
down €4,906 (-66.1%), from €7,422 to €2,516
- Financial charges +€3,115
up €3,115 (+49.4%), from €6,312 to €9,427
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €513,406 | €474,177 | -€39,229 | -7.6% |
| Fixed assets | 21/28 | €427,343 | €419,418 | -€7,925 | -1.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €426,753 | €418,828 | -€7,925 | -1.9% |
| Land and buildings | 22 | €417,162 | €399,086 | -€18,076 | -4.3% |
| Furniture and vehicles | 24 | €9,391 | €19,542 | +€10,151 | +108% |
| Other tangible fixed assets | 26 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €590 | €590 | = | 0.0% |
| Current assets | 29/58 | €86,063 | €54,759 | -€31,304 | -36.4% |
| Amounts receivable within one year | 40/41 | €38,562 | €24,023 | -€14,539 | -37.7% |
| Trade receivables | 40 | €24,995 | €24,023 | -€972 | -3.9% |
| Other amounts receivable | 41 | €13,567 | - | -€13,567 | |
| Cash at bank and in hand | 54/58 | €38,409 | €28,680 | -€9,729 | -25.3% |
| Deferred charges and accrued income | 490/1 | €9,092 | €2,056 | -€7,036 | -77.4% |
| Total equity and liabilities | 10/49 | €513,406 | €474,177 | -€39,229 | -7.6% |
| Equity | 10/15 | €19,400 | €20,259 | +€859 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,505 | €17,505 | = | 0.0% |
| Distributable reserves | 133 | €17,505 | €17,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,305 | -€3,446 | +€859 | +20.0% |
| Amounts payable | 17/49 | €494,006 | €453,918 | -€40,088 | -8.1% |
| Amounts payable after more than one year | 17 | €437,499 | €392,934 | -€44,565 | -10.2% |
| Financial debts | 170/4 | €437,499 | €392,934 | -€44,565 | -10.2% |
| Amounts payable within one year | 42/48 | €56,160 | €60,984 | +€4,824 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €8,568 | €23,993 | +€15,425 | +180% |
| Financial debts | 43 | - | €7,307 | +€7,307 | |
| Credit institutions | 430/8 | - | €7,307 | +€7,307 | |
| Trade debts | 44 | €23,862 | €21,284 | -€2,578 | -10.8% |
| Suppliers | 440/4 | €23,862 | €21,284 | -€2,578 | -10.8% |
| Taxes, remuneration and social security | 45 | €16,730 | €1,888 | -€14,842 | -88.7% |
| Taxes | 450/3 | €5,675 | €694 | -€4,981 | -87.8% |
| Remuneration and social security | 454/9 | €11,055 | €1,194 | -€9,861 | -89.2% |
| Other amounts payable | 47/48 | €7,000 | €6,512 | -€488 | -7.0% |
| Accrued charges and deferred income | 492/3 | €347 | - | -€347 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €7,422 | €2,516 | -€4,906 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,454 | €22,970 | -€484 | -2.1% |
| Other operating charges | 640/8 | €1,703 | €2,033 | +€330 | +19.4% |
| Gross operating margin | 9900 | €91,867 | €36,983 | -€54,884 | -59.7% |
| Operating profit (loss) | 9901 | €59,288 | €9,464 | -€49,824 | -84.0% |
| Financial income | 75/76B | €100 | €958 | +€858 | +858% |
| Recurring financial income | 75 | €100 | €958 | +€858 | +858% |
| Financial charges | 65/66B | €6,312 | €9,427 | +€3,115 | +49.4% |
| Recurring financial charges | 65 | €6,312 | €9,427 | +€3,115 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €53,076 | €995 | -€52,081 | -98.1% |
| Income taxes | 67/77 | €276 | €136 | -€140 | -50.7% |
| Profit (loss) for the period | 9904 | €52,800 | €859 | -€51,941 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,800 | €859 | -€51,941 | -98.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.