CRYSTAL SHIP: 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 SHIP
Largest movements
- Tangible fixed assets +€3,828
up €3,828 (+6.0%), from €63,514 to €67,341
of which Plant, machinery and equipment: +€5,736
- Profit (loss) carried forward +€15,529
up €15,529 (+2.8%), from -€558,853 to -€543,324
- Debts after one year -€12,073
down €12,073 (-53.8%), from €22,432 to €10,359
- Other debts +€6,950
up €6,950 (+1.3%), from €533,988 to €540,938
- Current portion of long-term debt -€6,549
down €6,549 (-37.0%), from €17,696 to €11,147
- Gross operating margin +€2,721
up €2,721 (+13.1%), from €20,824 to €23,545
- Financial charges -€1,485
down €1,485 (-75.6%), from €1,965 to €479
- Depreciation +€433
up €433 (+14.2%), from €3,045 to €3,478
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 | €65,883 | €69,740 | +€3,858 | +5.9% |
| Fixed assets | 21/28 | €63,514 | €67,341 | +€3,828 | +6.0% |
| Tangible fixed assets | 22/27 | €63,514 | €67,341 | +€3,828 | +6.0% |
| Land and buildings | 22 | €46,595 | €44,687 | -€1,908 | -4.1% |
| Plant, machinery and equipment | 23 | €16,919 | €22,655 | +€5,736 | +33.9% |
| Current assets | 29/58 | €2,369 | €2,399 | +€30 | +1.3% |
| Cash at bank and in hand | 54/58 | €2,369 | €2,399 | +€30 | +1.3% |
| Total equity and liabilities | 10/49 | €65,883 | €69,740 | +€3,858 | +5.9% |
| Equity | 10/15 | -€508,853 | -€493,324 | +€15,529 | +3.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€558,853 | -€543,324 | +€15,529 | +2.8% |
| Amounts payable | 17/49 | €574,735 | €563,064 | -€11,672 | -2.0% |
| Amounts payable after more than one year | 17 | €22,432 | €10,359 | -€12,073 | -53.8% |
| Financial debts | 170/4 | €22,432 | €10,359 | -€12,073 | -53.8% |
| Amounts payable within one year | 42/48 | €551,684 | €552,085 | +€401 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €17,696 | €11,147 | -€6,549 | -37.0% |
| Other amounts payable | 47/48 | €533,988 | €540,938 | +€6,950 | +1.3% |
| Accrued charges and deferred income | 492/3 | €620 | €620 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,045 | €3,478 | +€433 | +14.2% |
| Other operating charges | 640/8 | €3,938 | €4,060 | +€122 | +3.1% |
| Gross operating margin | 9900 | €20,824 | €23,545 | +€2,721 | +13.1% |
| Operating profit (loss) | 9901 | €13,841 | €16,008 | +€2,167 | +15.7% |
| Financial income | 75/76B | €35 | €1 | -€34 | -97.7% |
| Recurring financial income | 75 | €35 | €1 | -€34 | -97.7% |
| Financial charges | 65/66B | €1,965 | €479 | -€1,485 | -75.6% |
| Recurring financial charges | 65 | €1,965 | €479 | -€1,485 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €11,911 | €15,529 | +€3,618 | +30.4% |
| Profit (loss) for the period | 9904 | €11,911 | €15,529 | +€3,618 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,911 | €15,529 | +€3,618 | +30.4% |
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 9 October 2026 via checked.be.