DE CRAEMER: 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.
DE CRAEMER
Largest movements
- Tangible fixed assets -€5,191
down €5,191 (-16.7%), from €31,078 to €25,886
of which Other tangible fixed assets: -€3,864
- Stocks and contracts -€3,424
down €3,424 (-6.2%), from €54,835 to €51,411
- Receivables within one year -€2,867
down €2,867 (-56.5%), from €5,070 to €2,203
of which Other amounts receivable: -€1,678
- Current portion of long-term debt -€12,383
down €12,383 (-91.5%), from €13,528 to €1,145
- Profit (loss) carried forward -€8,570
down €8,570 (-26.4%), from €32,522 to €23,952
- Other debts +€7,805
up €7,805 (+126%), from €6,190 to €13,995
- Trade debts +€1,565
up €1,565 (+42.6%), from €3,677 to €5,242
- Debts after one year -€1,145
down €1,145 (-100%), from €1,145 to €0
- Gross operating margin -€11,195
down €11,195 (-30.7%), from €36,485 to €25,290
- Taxes -€3,400
down €3,400 (-45.3%), from €7,500 to €4,100
- Write-downs +€1,696
up €1,696, from -€117 to €1,579
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 | €106,932 | €94,197 | -€12,735 | -11.9% |
| Formation expenses | 20 | €263 | €0 | -€263 | -100% |
| Fixed assets | 21/28 | €32,956 | €27,270 | -€5,686 | -17.3% |
| Intangible fixed assets | 21 | €1,878 | €1,383 | -€495 | -26.3% |
| Tangible fixed assets | 22/27 | €31,078 | €25,886 | -€5,191 | -16.7% |
| Plant, machinery and equipment | 23 | €581 | €419 | -€161 | -27.8% |
| Furniture and vehicles | 24 | €5,866 | €4,700 | -€1,167 | -19.9% |
| Other tangible fixed assets | 26 | €24,631 | €20,767 | -€3,864 | -15.7% |
| Current assets | 29/58 | €73,714 | €66,928 | -€6,786 | -9.2% |
| Stocks and contracts in progress | 3 | €54,835 | €51,411 | -€3,424 | -6.2% |
| Stocks | 30/36 | €54,835 | €51,411 | -€3,424 | -6.2% |
| Amounts receivable within one year | 40/41 | €5,070 | €2,203 | -€2,867 | -56.5% |
| Trade receivables | 40 | €2,651 | €1,462 | -€1,189 | -44.9% |
| Other amounts receivable | 41 | €2,419 | €742 | -€1,678 | -69.3% |
| Cash at bank and in hand | 54/58 | €13,723 | €13,283 | -€440 | -3.2% |
| Deferred charges and accrued income | 490/1 | €85 | €30 | -€55 | -64.3% |
| Total equity and liabilities | 10/49 | €106,932 | €94,197 | -€12,735 | -11.9% |
| Equity | 10/15 | €67,522 | €58,952 | -€8,570 | -12.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,522 | €23,952 | -€8,570 | -26.4% |
| Amounts payable | 17/49 | €39,410 | €35,245 | -€4,165 | -10.6% |
| Amounts payable after more than one year | 17 | €1,145 | €0 | -€1,145 | -100% |
| Financial debts | 170/4 | €1,145 | €0 | -€1,145 | -100% |
| Amounts payable within one year | 42/48 | €38,138 | €35,245 | -€2,892 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €13,528 | €1,145 | -€12,383 | -91.5% |
| Trade debts | 44 | €3,677 | €5,242 | +€1,565 | +42.6% |
| Suppliers | 440/4 | €3,677 | €5,242 | +€1,565 | +42.6% |
| Advances received on contracts in progress | 46 | €6,436 | €5,510 | -€926 | -14.4% |
| Taxes, remuneration and social security | 45 | €8,307 | €9,354 | +€1,046 | +12.6% |
| Taxes | 450/3 | €8,307 | €9,354 | +€1,046 | +12.6% |
| Other amounts payable | 47/48 | €6,190 | €13,995 | +€7,805 | +126% |
| Accrued charges and deferred income | 492/3 | €128 | €0 | -€128 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,838 | €5,949 | +€111 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€117 | €1,579 | +€1,696 | |
| Other operating charges | 640/8 | €837 | €847 | +€10 | +1.2% |
| Gross operating margin | 9900 | €36,485 | €25,290 | -€11,195 | -30.7% |
| Operating profit (loss) | 9901 | €29,927 | €16,915 | -€13,012 | -43.5% |
| Financial income | 75/76B | €363 | €33 | -€330 | -90.9% |
| Recurring financial income | 75 | €363 | €33 | -€330 | -90.9% |
| Financial charges | 65/66B | €1,507 | €1,418 | -€89 | -5.9% |
| Recurring financial charges | 65 | €1,507 | €1,418 | -€89 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €28,783 | €15,530 | -€13,253 | -46.0% |
| Income taxes | 67/77 | €7,500 | €4,100 | -€3,400 | -45.3% |
| Profit (loss) for the period | 9904 | €21,283 | €11,430 | -€9,853 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,283 | €11,430 | -€9,853 | -46.3% |
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 27 October 2026 via checked.be.