CULTURE CREW: what changed
CULTURE CREW
Largest movements
- Receivables within one year -€48,691
down €48,691 (-66.7%), from €73,040 to €24,349
of which Trade receivables: -€44,744
- Cash +€48,549
up €48,549 (+73.7%), from €65,876 to €114,425
mainly Receivables within one year (+€48,691) and Net result for the year (+€21,074)
- Tangible fixed assets -€5,415
down €5,415 (-29.1%), from €18,632 to €13,217
- Stocks and contracts +€2,400
new in 2025: €2,400
- Debts after one year -€30,192
down €30,192 (-90.6%), from €33,324 to €3,132
- Reserves +€21,074
up €21,074 (+38.7%), from €54,480 to €75,555
- Other debts +€2,802
up €2,802 (+5.8%), from €48,269 to €51,072
- Trade debts +€2,096
up €2,096 (+486%), from €432 to €2,528
- Gross operating margin -€35,495
down €35,495 (-48.7%), from €72,825 to €37,331
- Taxes -€10,673
down €10,673 (-65.6%), from €16,266 to €5,593
- Financial charges +€788
up €788 (+21.3%), from €3,691 to €4,479
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,224 | €163,791 | -€4,433 | -2.6% |
| Fixed assets | 21/28 | €27,932 | €22,517 | -€5,415 | -19.4% |
| Tangible fixed assets | 22/27 | €18,632 | €13,217 | -€5,415 | -29.1% |
| Furniture and vehicles | 24 | €18,632 | €13,217 | -€5,415 | -29.1% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €140,292 | €141,273 | +€982 | +0.7% |
| Stocks and contracts in progress | 3 | - | €2,400 | +€2,400 | |
| Stocks | 30/36 | - | €2,400 | +€2,400 | |
| Amounts receivable within one year | 40/41 | €73,040 | €24,349 | -€48,691 | -66.7% |
| Trade receivables | 40 | €68,685 | €23,941 | -€44,744 | -65.1% |
| Other amounts receivable | 41 | €4,355 | €407 | -€3,947 | -90.6% |
| Cash at bank and in hand | 54/58 | €65,876 | €114,425 | +€48,549 | +73.7% |
| Deferred charges and accrued income | 490/1 | €1,376 | €100 | -€1,276 | -92.7% |
| Total equity and liabilities | 10/49 | €168,224 | €163,791 | -€4,433 | -2.6% |
| Equity | 10/15 | €73,080 | €94,155 | +€21,074 | +28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,480 | €75,555 | +€21,074 | +38.7% |
| Distributable reserves | 133 | €54,480 | €75,555 | +€21,074 | +38.7% |
| Amounts payable | 17/49 | €95,143 | €69,636 | -€25,507 | -26.8% |
| Amounts payable after more than one year | 17 | €33,324 | €3,132 | -€30,192 | -90.6% |
| Financial debts | 170/4 | €33,324 | €3,132 | -€30,192 | -90.6% |
| Amounts payable within one year | 42/48 | €61,820 | €66,504 | +€4,685 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €4,977 | €5,192 | +€215 | +4.3% |
| Trade debts | 44 | €432 | €2,528 | +€2,096 | +486% |
| Suppliers | 440/4 | €432 | €2,528 | +€2,096 | +486% |
| Taxes, remuneration and social security | 45 | €8,142 | €7,713 | -€429 | -5.3% |
| Taxes | 450/3 | €8,142 | €7,713 | -€429 | -5.3% |
| Other amounts payable | 47/48 | €48,269 | €51,072 | +€2,802 | +5.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,415 | €5,415 | = | 0.0% |
| Other operating charges | 640/8 | €648 | €770 | +€122 | +18.8% |
| Gross operating margin | 9900 | €72,825 | €37,331 | -€35,495 | -48.7% |
| Operating profit (loss) | 9901 | €66,763 | €31,146 | -€35,617 | -53.3% |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.8% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.8% |
| Financial charges | 65/66B | €3,691 | €4,479 | +€788 | +21.3% |
| Recurring financial charges | 65 | €3,691 | €4,479 | +€788 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €63,090 | €26,667 | -€36,423 | -57.7% |
| Income taxes | 67/77 | €16,266 | €5,593 | -€10,673 | -65.6% |
| Profit (loss) for the period | 9904 | €46,825 | €21,074 | -€25,750 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,825 | €21,074 | -€25,750 | -55.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.