CRYSTAL PALACE: what changed
What changed
CRYSTAL PALACE
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€8,862
2024 · €14,530-€5,668
Equity
€306,885
2024 · €298,023+€8,862
Cash
€173,064
2024 · €165,575+€7,490
Balance sheet total
€1.1m
2024 · €1.1m-€25,435
Largest movements
Assets
- Tangible fixed assets -€86,250
down €86,250 (-9.2%), from €935,996 to €849,746
of which Land and buildings: -€83,848
- Receivables within one year +€32,354
up €32,354 (+468%), from €6,908 to €39,262
of which Other amounts receivable: +€30,321
- Deferred charges and accrued income +€20,970
up €20,970 (+211%), from €9,947 to €30,917
Equity and liabilities
- Provisions +€106,000
new in 2025: €106,000
- Debts after one year -€84,248
down €84,248 (-18.0%), from €468,718 to €384,470
- Trade debts -€45,495
down €45,495 (-88.8%), from €51,210 to €5,715
- Short-term financial debts -€16,316
down €16,316 (-10.0%), from €163,158 to €146,842
Income statement
- Provisions +€106,000
new in 2025: €106,000
- Gross operating margin +€56,770
up €56,770 (+27.1%), from €209,494 to €266,264
- Depreciation -€40,161
down €40,161 (-30.2%), from €133,175 to €93,014
- Financial charges -€4,973
down €4,973 (-23.3%), from €21,303 to €16,329
- Other operating charges +€3,718
up €3,718 (+11.0%), from €33,659 to €37,377
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€14,530
Gross operating margin
+€56,770
Depreciation
+€40,161
Provisions
-€106,000
Other operating charges
-€3,718
Financial income
+€48
Financial charges
+€4,973
Taxes
+€2,097
Result 2025
€8,862
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€114,054
Investment
-€6,765
Financing
-€99,799
Cash 2024
€165,575
From operations (derived)
+€114,054
Net result for the year
+€8,862
Depreciation
+€93,014
Receivables within one year
-€32,354
Deferred charges and accrued income
-€20,970
Provisions
+€106,000
Trade debts
-€45,495
Tax, wage and social debts
-€1,650
Accrued charges and deferred income
+€6,648
Investment (derived)
-€6,765
Investment in fixed assets (net)
-€6,764
Current investments
-€1
Financing
-€99,799
Debts after one year
-€84,248
Current portion of long-term debt
+€765
Short-term financial debts
-€16,316
Cash 2025
€173,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,123,172 | €1,097,737 | -€25,435 | -2.3% |
| Fixed assets | 21/28 | €936,554 | €850,304 | -€86,250 | -9.2% |
| Tangible fixed assets | 22/27 | €935,996 | €849,746 | -€86,250 | -9.2% |
| Land and buildings | 22 | €926,472 | €842,624 | -€83,848 | -9.1% |
| Plant, machinery and equipment | 23 | €9,524 | €7,123 | -€2,401 | -25.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €558 | €558 | = | 0.0% |
| Current assets | 29/58 | €186,618 | €247,432 | +€60,815 | +32.6% |
| Amounts receivable within one year | 40/41 | €6,908 | €39,262 | +€32,354 | +468% |
| Trade receivables | 40 | €2,528 | €4,562 | +€2,033 | +80.4% |
| Other amounts receivable | 41 | €4,380 | €34,700 | +€30,321 | +692% |
| Current investments | 50/53 | €4,188 | €4,189 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €165,575 | €173,064 | +€7,490 | +4.5% |
| Deferred charges and accrued income | 490/1 | €9,947 | €30,917 | +€20,970 | +211% |
| Total equity and liabilities | 10/49 | €1,123,172 | €1,097,737 | -€25,435 | -2.3% |
| Equity | 10/15 | €298,023 | €306,885 | +€8,862 | +3.0% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €44,789 | €44,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,341 | €14,202 | +€8,862 | +166% |
| Provisions and deferred taxes | 16 | - | €106,000 | +€106,000 | |
| Provisions for liabilities and charges | 160/5 | - | €106,000 | +€106,000 | |
| Other liabilities and charges | 164/5 | - | €106,000 | +€106,000 | |
| Amounts payable | 17/49 | €825,148 | €684,852 | -€140,296 | -17.0% |
| Amounts payable after more than one year | 17 | €468,718 | €384,470 | -€84,248 | -18.0% |
| Financial debts | 170/4 | €468,718 | €384,470 | -€84,248 | -18.0% |
| Amounts payable within one year | 42/48 | €356,431 | €293,734 | -€62,697 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €82,530 | €83,295 | +€765 | +0.9% |
| Financial debts | 43 | €163,158 | €146,842 | -€16,316 | -10.0% |
| Credit institutions | 430/8 | €163,158 | €146,842 | -€16,316 | -10.0% |
| Trade debts | 44 | €51,210 | €5,715 | -€45,495 | -88.8% |
| Suppliers | 440/4 | €51,210 | €5,715 | -€45,495 | -88.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,872 | €12,222 | -€1,650 | -11.9% |
| Taxes | 450/3 | €8,219 | €7,834 | -€384 | -4.7% |
| Remuneration and social security | 454/9 | €5,653 | €4,387 | -€1,266 | -22.4% |
| Other amounts payable | 47/48 | €45,660 | €45,660 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €6,648 | +€6,648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,175 | €93,014 | -€40,161 | -30.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €106,000 | +€106,000 | |
| Other operating charges | 640/8 | €33,659 | €37,377 | +€3,718 | +11.0% |
| Gross operating margin | 9900 | €209,494 | €266,264 | +€56,770 | +27.1% |
| Operating profit (loss) | 9901 | €42,661 | €29,873 | -€12,787 | -30.0% |
| Financial income | 75/76B | €58 | €107 | +€48 | +83.3% |
| Recurring financial income | 75 | €58 | €107 | +€48 | +83.3% |
| Financial charges | 65/66B | €21,303 | €16,329 | -€4,973 | -23.3% |
| Recurring financial charges | 65 | €21,303 | €16,329 | -€4,973 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €21,416 | €13,651 | -€7,765 | -36.3% |
| Income taxes | 67/77 | €6,887 | €4,789 | -€2,097 | -30.5% |
| Profit (loss) for the period | 9904 | €14,530 | €8,862 | -€5,668 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,530 | €8,862 | -€5,668 | -39.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.