CRUZON: what changed
Two fiscal 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.
CRUZON
Largest movements
- Receivables within one year -€6,840
down €6,840 (-73.4%), from €9,323 to €2,483
of which Trade receivables: -€5,581
- Cash -€1,501
no longer reported in 2023 (was €1,501)
mainly Tax, wage and social debts (-€10,047) and Net result for the year (-€7,592)
- Tangible fixed assets +€752
up €752 (+70.9%), from €1,062 to €1,814
- Tax, wage and social debts -€10,047
no longer reported in 2023 (was €10,047)
- Trade debts +€8,048
up €8,048 (+66.3%), from €12,134 to €20,183
- Profit (loss) carried forward -€7,592
down €7,592 (-25.8%), from -€29,435 to -€37,027
- Other debts +€2,003
up €2,003 (+11.8%), from €16,939 to €18,941
- Turnover +€79,173
up €79,173 (+127.1%), from €62,290 to €141,463
- Purchases and services +€54,683
up €54,683 (+61.6%), from €88,742 to €143,425
- Gross operating margin +€25,230
up €25,230 (+95.4%), from -€26,452 to -€1,221
- Other operating charges +€2,648
up €2,648 (+115.8%), from €2,287 to €4,935
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,885 | €4,297 | -€7,588 | -63.8% |
| Fixed assets | 21/28 | €1,062 | €1,814 | +€752 | +70.9% |
| Tangible fixed assets | 22/27 | €1,062 | €1,814 | +€752 | +70.9% |
| Plant, machinery and equipment | 23 | €1,062 | €1,814 | +€752 | +70.9% |
| Current assets | 29/58 | €10,824 | €2,483 | -€8,340 | -77.1% |
| Amounts receivable within one year | 40/41 | €9,323 | €2,483 | -€6,840 | -73.4% |
| Trade receivables | 40 | €8,065 | €2,483 | -€5,581 | -69.2% |
| Other amounts receivable | 41 | €1,258 | - | -€1,258 | |
| Cash at bank and in hand | 54/58 | €1,501 | - | -€1,501 | |
| Total equity and liabilities | 10/49 | €11,885 | €4,297 | -€7,588 | -63.8% |
| Equity | 10/15 | -€27,235 | -€34,827 | -€7,592 | -27.9% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Outside capital | 11 | €2,200 | €2,200 | = | 0.0% |
| Other | 1109/19 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,435 | -€37,027 | -€7,592 | -25.8% |
| Amounts payable | 17/49 | €39,120 | €39,124 | +€4 | 0.0% |
| Amounts payable within one year | 42/48 | €39,120 | €39,124 | +€4 | 0.0% |
| Trade debts | 44 | €12,134 | €20,183 | +€8,048 | +66.3% |
| Suppliers | 440/4 | €12,134 | €20,183 | +€8,048 | +66.3% |
| Taxes, remuneration and social security | 45 | €10,047 | - | -€10,047 | |
| Remuneration and social security | 454/9 | €10,047 | - | -€10,047 | |
| Other amounts payable | 47/48 | €16,939 | €18,941 | +€2,003 | +11.8% |
| Turnover | 70 | €62,290 | €141,463 | +€79,173 | +127.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,742 | €143,425 | +€54,683 | +61.6% |
| Remuneration, social security and pensions | 62 | €267 | €54 | -€213 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €791 | +€549 | +226.7% |
| Other operating charges | 640/8 | €2,287 | €4,935 | +€2,648 | +115.8% |
| Gross operating margin | 9900 | -€26,452 | -€1,221 | +€25,230 | +95.4% |
| Operating profit (loss) | 9901 | -€29,248 | -€7,002 | +€22,247 | +76.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €187 | €590 | +€403 | +215.9% |
| Recurring financial charges | 65 | €187 | €590 | +€403 | +215.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,435 | -€7,592 | +€21,843 | +74.2% |
| Profit (loss) for the period | 9904 | -€29,435 | -€7,592 | +€21,843 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,435 | -€7,592 | +€21,843 | +74.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.