CRYSTAL GEMS: 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.
CRYSTAL GEMS
Largest movements
- Stocks and contracts -€858,515
down €858,515 (-79.7%), from €1.1m to €218,867
- Receivables within one year -€171,956
down €171,956 (-39.9%), from €430,891 to €258,935
of which Trade receivables: -€172,679
- Cash +€114,803
up €114,803 (+221%), from €51,961 to €166,764
mainly Stocks and contracts (+€858,515) and Receivables within one year (+€171,956)
- Profit (loss) carried forward -€260,586
new in 2025: -€260,586
- Other debts -€205,033
down €205,033 (-65.3%), from €313,900 to €108,867
- Reserves -€185,075
no longer reported in 2025 (was €185,075)
- Trade debts -€181,860
down €181,860 (-72.0%), from €252,536 to €70,676
- Debts after one year -€96,256
no longer reported in 2025 (was €96,256)
- Gross operating margin -€185,949
down €185,949 (-192%), from -€96,710 to -€282,659
- Other operating charges +€118,551
up €118,551 (+1,483%), from €7,994 to €126,544
- Staff costs +€11,684
up €11,684 (+62.6%), from €18,673 to €30,357
- Write-downs -€6,290
down €6,290 (-90.7%), from -€6,938 to -€13,228
- Depreciation -€5,302
down €5,302 (-35.1%), from €15,123 to €9,820
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 | €1,851,345 | €925,857 | -€925,488 | -50.0% |
| Fixed assets | 21/28 | €287,487 | €277,667 | -€9,820 | -3.4% |
| Tangible fixed assets | 22/27 | €287,287 | €277,467 | -€9,820 | -3.4% |
| Land and buildings | 22 | €275,850 | €275,850 | = | 0.0% |
| Furniture and vehicles | 24 | €11,437 | €1,617 | -€9,820 | -85.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,563,859 | €648,190 | -€915,668 | -58.6% |
| Stocks and contracts in progress | 3 | €1,077,381 | €218,867 | -€858,515 | -79.7% |
| Stocks | 30/36 | €1,077,381 | €218,867 | -€858,515 | -79.7% |
| Amounts receivable within one year | 40/41 | €430,891 | €258,935 | -€171,956 | -39.9% |
| Trade receivables | 40 | €422,576 | €249,897 | -€172,679 | -40.9% |
| Other amounts receivable | 41 | €8,316 | €9,038 | +€723 | +8.7% |
| Current investments | 50/53 | €3,625 | €3,625 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,961 | €166,764 | +€114,803 | +221% |
| Total equity and liabilities | 10/49 | €1,851,345 | €925,857 | -€925,488 | -50.0% |
| Equity | 10/15 | €1,185,969 | €740,308 | -€445,661 | -37.6% |
| Contributions | 10/11 | €739,567 | €739,567 | = | 0.0% |
| Revaluation surpluses | 12 | €261,327 | €261,327 | = | 0.0% |
| Reserves | 13 | €185,075 | - | -€185,075 | |
| Distributable reserves | 133 | €185,075 | - | -€185,075 | |
| Profit (loss) carried forward | 14 | - | -€260,586 | -€260,586 | |
| Amounts payable | 17/49 | €665,377 | €185,549 | -€479,828 | -72.1% |
| Amounts payable after more than one year | 17 | €96,256 | - | -€96,256 | |
| Financial debts | 170/4 | €96,256 | - | -€96,256 | |
| Amounts payable within one year | 42/48 | €569,121 | €185,549 | -€383,572 | -67.4% |
| Trade debts | 44 | €252,536 | €70,676 | -€181,860 | -72.0% |
| Suppliers | 440/4 | €252,536 | €70,676 | -€181,860 | -72.0% |
| Taxes, remuneration and social security | 45 | €2,685 | €6,006 | +€3,321 | +124% |
| Taxes | 450/3 | - | €1,680 | +€1,680 | |
| Remuneration and social security | 454/9 | €2,685 | €4,326 | +€1,641 | +61.1% |
| Other amounts payable | 47/48 | €313,900 | €108,867 | -€205,033 | -65.3% |
| Non-recurring operating income | 76A | - | €9,669 | +€9,669 | |
| Remuneration, social security and pensions | 62 | €18,673 | €30,357 | +€11,684 | +62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,123 | €9,820 | -€5,302 | -35.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,938 | -€13,228 | -€6,290 | -90.7% |
| Other operating charges | 640/8 | €7,994 | €126,544 | +€118,551 | +1,483% |
| Gross operating margin | 9900 | -€96,710 | -€282,659 | -€185,949 | -192% |
| Operating profit (loss) | 9901 | -€131,561 | -€436,152 | -€304,591 | -232% |
| Financial income | 75/76B | €1,136 | €2,052 | +€915 | +80.6% |
| Recurring financial income | 75 | €1,136 | €2,052 | +€915 | +80.6% |
| Financial charges | 65/66B | €5,675 | €9,199 | +€3,525 | +62.1% |
| Recurring financial charges | 65 | €5,675 | €9,199 | +€3,525 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | -€136,100 | -€443,300 | -€307,201 | -226% |
| Income taxes | 67/77 | €3,002 | €2,361 | -€642 | -21.4% |
| Profit (loss) for the period | 9904 | -€139,102 | -€445,661 | -€306,559 | -220% |
| Profit (loss) for the period to be appropriated | 9905 | -€139,102 | -€445,661 | -€306,559 | -220% |
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 31 October 2026 via checked.be.