Crystal Cube: 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.
Crystal Cube
Largest movements
- Tangible fixed assets +€105,171
up €105,171 (+177.8%), from €59,139 to €164,309
of which Furniture and vehicles: +€75,730
- Receivables within one year -€100,497
down €100,497 (-53.9%), from €186,283 to €85,785
of which Other amounts receivable: -€66,760
- Deferred charges and accrued income +€20,613
up €20,613 (+173.9%), from €11,852 to €32,465
- Current investments +€8,786
up €8,786 (+8.9%), from €99,000 to €107,786
- Cash -€6,164
down €6,164 (-6.5%), from €95,016 to €88,852
mainly Investment in fixed assets (net) (-€150,575) and Contributions, distributions and other (-€49,560)
- Trade debts +€71,186
up €71,186 (+170.2%), from €41,824 to €113,011
- Reserves -€49,560
down €49,560 (-14.4%), from €344,201 to €294,641
- Profit (loss) carried forward -€49,203
new in 2025: -€49,203
- Debts after one year +€28,274
new in 2025: €28,274
- Other debts +€24,019
new in 2025: €24,019
- Staff costs +€94,938
up €94,938 (+41.2%), from €230,602 to €325,540
- Financial charges +€86,188
up €86,188 (+2321.0%), from €3,713 to €89,901
- Gross operating margin +€43,713
up €43,713 (+12.0%), from €364,211 to €407,924
- Taxes -€35,133
down €35,133 (-94.8%), from €37,059 to €1,925
- Depreciation +€21,333
up €21,333 (+88.6%), from €24,072 to €45,405
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 | €451,356 | €479,265 | +€27,909 | +6.2% |
| Fixed assets | 21/28 | €59,206 | €164,376 | +€105,171 | +177.6% |
| Tangible fixed assets | 22/27 | €59,139 | €164,309 | +€105,171 | +177.8% |
| Plant, machinery and equipment | 23 | €543 | €334 | -€209 | -38.5% |
| Furniture and vehicles | 24 | €54,806 | €130,536 | +€75,730 | +138.2% |
| Other tangible fixed assets | 26 | €3,790 | €33,440 | +€29,649 | +782.3% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €392,150 | €314,888 | -€77,262 | -19.7% |
| Amounts receivable within one year | 40/41 | €186,283 | €85,785 | -€100,497 | -53.9% |
| Trade receivables | 40 | €90,175 | €56,438 | -€33,737 | -37.4% |
| Other amounts receivable | 41 | €96,108 | €29,347 | -€66,760 | -69.5% |
| Current investments | 50/53 | €99,000 | €107,786 | +€8,786 | +8.9% |
| Cash at bank and in hand | 54/58 | €95,016 | €88,852 | -€6,164 | -6.5% |
| Deferred charges and accrued income | 490/1 | €11,852 | €32,465 | +€20,613 | +173.9% |
| Total equity and liabilities | 10/49 | €451,356 | €479,265 | +€27,909 | +6.2% |
| Equity | 10/15 | €350,401 | €251,638 | -€98,763 | -28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €344,201 | €294,641 | -€49,560 | -14.4% |
| Distributable reserves | 133 | €344,201 | €294,641 | -€49,560 | -14.4% |
| Profit (loss) carried forward | 14 | - | -€49,203 | -€49,203 | |
| Amounts payable | 17/49 | €100,955 | €227,627 | +€126,672 | +125.5% |
| Amounts payable after more than one year | 17 | - | €28,274 | +€28,274 | |
| Financial debts | 170/4 | - | €28,274 | +€28,274 | |
| Amounts payable within one year | 42/48 | €100,955 | €199,353 | +€98,398 | +97.5% |
| Current portion of amounts payable after more than one year | 42 | - | €21,094 | +€21,094 | |
| Trade debts | 44 | €41,824 | €113,011 | +€71,186 | +170.2% |
| Suppliers | 440/4 | €41,824 | €113,011 | +€71,186 | +170.2% |
| Taxes, remuneration and social security | 45 | €59,131 | €41,230 | -€17,901 | -30.3% |
| Taxes | 450/3 | €34,785 | €20,592 | -€14,193 | -40.8% |
| Remuneration and social security | 454/9 | €24,345 | €20,637 | -€3,708 | -15.2% |
| Other amounts payable | 47/48 | - | €24,019 | +€24,019 | |
| Remuneration, social security and pensions | 62 | €230,602 | €325,540 | +€94,938 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,072 | €45,405 | +€21,333 | +88.6% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Non-recurring operating charges | 66A | - | €3,790 | +€3,790 | |
| Gross operating margin | 9900 | €364,211 | €407,924 | +€43,713 | +12.0% |
| Operating profit (loss) | 9901 | €109,537 | €32,802 | -€76,735 | -70.1% |
| Financial income | 75/76B | €3,007 | €9,822 | +€6,814 | +226.6% |
| Recurring financial income | 75 | €3,007 | €9,822 | +€6,814 | +226.6% |
| Financial charges | 65/66B | €3,713 | €89,901 | +€86,188 | +2321.0% |
| Recurring financial charges | 65 | €3,713 | €89,901 | +€86,188 | +2321.0% |
| Profit (loss) for the period before taxes | 9903 | €108,831 | -€47,278 | -€156,108 | |
| Income taxes | 67/77 | €37,059 | €1,925 | -€35,133 | -94.8% |
| Profit (loss) for the period | 9904 | €71,772 | -€49,203 | -€120,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,772 | -€49,203 | -€120,975 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.