Cruzin: 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.
Cruzin
Largest movements
- Receivables within one year -€11,384
down €11,384 (-46.0%), from €24,750 to €13,365
of which Trade receivables: -€8,666
- Cash +€7,584
up €7,584 (+505%), from €1,503 to €9,086
mainly Receivables within one year (+€11,384) and Current investments (+€4,288)
- Current investments -€4,288
down €4,288 (-42.9%), from €10,000 to €5,712
- Tangible fixed assets +€1,717
up €1,717 (+27.9%), from €6,161 to €7,878
of which Plant, machinery and equipment: +€2,668
- Trade debts -€4,192
down €4,192 (-57.6%), from €7,278 to €3,086
- Profit (loss) carried forward -€3,762
down €3,762 (-42.6%), from -€8,833 to -€12,595
- Tax, wage and social debts +€1,812
up €1,812 (+54.3%), from €3,336 to €5,148
of which Remuneration and social security: +€2,850
- Gross operating margin +€5,461
up €5,461 (+82.9%), from -€6,585 to -€1,124
- Depreciation +€445
up €445 (+27.3%), from €1,628 to €2,072
- Other operating charges -€116
down €116 (-18.5%), from €626 to €511
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 | €42,413 | €36,042 | -€6,372 | -15.0% |
| Fixed assets | 21/28 | €6,161 | €7,878 | +€1,717 | +27.9% |
| Tangible fixed assets | 22/27 | €6,161 | €7,878 | +€1,717 | +27.9% |
| Plant, machinery and equipment | 23 | €2,357 | €5,025 | +€2,668 | +113% |
| Furniture and vehicles | 24 | €3,804 | €2,853 | -€951 | -25.0% |
| Current assets | 29/58 | €36,252 | €28,164 | -€8,089 | -22.3% |
| Amounts receivable within one year | 40/41 | €24,750 | €13,365 | -€11,384 | -46.0% |
| Trade receivables | 40 | €17,041 | €8,376 | -€8,666 | -50.9% |
| Other amounts receivable | 41 | €7,708 | €4,990 | -€2,719 | -35.3% |
| Current investments | 50/53 | €10,000 | €5,712 | -€4,288 | -42.9% |
| Cash at bank and in hand | 54/58 | €1,503 | €9,086 | +€7,584 | +505% |
| Total equity and liabilities | 10/49 | €42,413 | €36,042 | -€6,372 | -15.0% |
| Equity | 10/15 | €29,419 | €25,657 | -€3,762 | -12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,052 | €32,052 | = | 0.0% |
| Distributable reserves | 133 | €32,052 | €32,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,833 | -€12,595 | -€3,762 | -42.6% |
| Amounts payable | 17/49 | €12,994 | €10,385 | -€2,609 | -20.1% |
| Amounts payable within one year | 42/48 | €12,994 | €10,385 | -€2,609 | -20.1% |
| Financial debts | 43 | €2,380 | €2,151 | -€229 | -9.6% |
| Credit institutions | 430/8 | €2,380 | €2,151 | -€229 | -9.6% |
| Trade debts | 44 | €7,278 | €3,086 | -€4,192 | -57.6% |
| Suppliers | 440/4 | €7,278 | €3,086 | -€4,192 | -57.6% |
| Taxes, remuneration and social security | 45 | €3,336 | €5,148 | +€1,812 | +54.3% |
| Taxes | 450/3 | €3,336 | €2,297 | -€1,039 | -31.1% |
| Remuneration and social security | 454/9 | - | €2,850 | +€2,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,628 | €2,072 | +€445 | +27.3% |
| Other operating charges | 640/8 | €626 | €511 | -€116 | -18.5% |
| Gross operating margin | 9900 | -€6,585 | -€1,124 | +€5,461 | +82.9% |
| Operating profit (loss) | 9901 | -€8,839 | -€3,707 | +€5,132 | +58.1% |
| Financial income | 75/76B | €63 | - | -€63 | |
| Recurring financial income | 75 | €63 | - | -€63 | |
| Financial charges | 65/66B | €57 | €45 | -€12 | -21.3% |
| Recurring financial charges | 65 | €57 | €45 | -€12 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,833 | -€3,752 | +€5,081 | +57.5% |
| Income taxes | 67/77 | - | €10 | +€10 | |
| Profit (loss) for the period | 9904 | -€8,833 | -€3,762 | +€5,071 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,833 | -€3,762 | +€5,071 | +57.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.