DE CRU & CO: 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 CRU & CO
Largest movements
- Receivables within one year -€105,531
down €105,531 (-11.7%), from €898,489 to €792,958
of which Other amounts receivable: -€89,775
- Tangible fixed assets -€63,961
down €63,961 (-28.7%), from €222,731 to €158,770
of which Other tangible fixed assets: -€37,127
- Financial fixed assets +€40,290
up €40,290 (+866%), from €4,650 to €44,940
- Profit (loss) carried forward -€72,410
down €72,410 (-20.9%), from €346,363 to €273,953
- Tax, wage and social debts -€48,786
down €48,786 (-22.4%), from €217,760 to €168,974
of which Taxes: -€63,469
- Trade debts -€45,711
down €45,711 (-28.9%), from €158,366 to €112,654
- Other debts +€23,858
up €23,858 (+47.7%), from €50,000 to €73,858
- Current portion of long-term debt +€20,872
up €20,872 (+88.3%), from €23,637 to €44,509
- Gross operating margin -€196,251
down €196,251 (-15.7%), from €1.3m to €1.1m
- Other operating charges +€46,105
up €46,105 (+126%), from €36,561 to €82,666
- Financial charges -€19,764
down €19,764 (-56.0%), from €35,318 to €15,554
- Taxes -€15,487
down €15,487 (-18.9%), from €82,103 to €66,616
- Staff costs -€14,625
down €14,625 (-1.8%), from €791,493 to €776,868
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 | €1,348,635 | €1,215,586 | -€133,049 | -9.9% |
| Fixed assets | 21/28 | €237,373 | €210,746 | -€26,627 | -11.2% |
| Intangible fixed assets | 21 | €9,991 | €7,035 | -€2,956 | -29.6% |
| Tangible fixed assets | 22/27 | €222,731 | €158,770 | -€63,961 | -28.7% |
| Plant, machinery and equipment | 23 | €25,273 | €15,956 | -€9,316 | -36.9% |
| Furniture and vehicles | 24 | €58,470 | €40,952 | -€17,518 | -30.0% |
| Other tangible fixed assets | 26 | €138,989 | €101,862 | -€37,127 | -26.7% |
| Financial fixed assets | 28 | €4,650 | €44,940 | +€40,290 | +866% |
| Current assets | 29/58 | €1,111,262 | €1,004,841 | -€106,422 | -9.6% |
| Stocks and contracts in progress | 3 | €7,685 | €8,893 | +€1,208 | +15.7% |
| Stocks | 30/36 | €7,685 | €8,893 | +€1,208 | +15.7% |
| Amounts receivable within one year | 40/41 | €898,489 | €792,958 | -€105,531 | -11.7% |
| Trade receivables | 40 | €73,486 | €57,731 | -€15,755 | -21.4% |
| Other amounts receivable | 41 | €825,003 | €735,228 | -€89,775 | -10.9% |
| Cash at bank and in hand | 54/58 | €189,070 | €198,979 | +€9,910 | +5.2% |
| Deferred charges and accrued income | 490/1 | €16,019 | €4,010 | -€12,009 | -75.0% |
| Total equity and liabilities | 10/49 | €1,348,635 | €1,215,586 | -€133,049 | -9.9% |
| Equity | 10/15 | €894,390 | €813,191 | -€81,199 | -9.1% |
| Contributions | 10/11 | €22,330 | €22,330 | = | 0.0% |
| Reserves | 13 | €480,324 | €480,324 | = | 0.0% |
| Distributable reserves | 133 | €480,324 | €480,324 | = | 0.0% |
| Profit (loss) carried forward | 14 | €346,363 | €273,953 | -€72,410 | -20.9% |
| Investment grants | 15 | €45,373 | €36,584 | -€8,789 | -19.4% |
| Amounts payable | 17/49 | €454,245 | €402,395 | -€51,849 | -11.4% |
| Amounts payable after more than one year | 17 | €4,482 | €2,400 | -€2,082 | -46.5% |
| Financial debts | 170/4 | €2,082 | - | -€2,082 | |
| Other amounts payable | 178/9 | €2,400 | €2,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €449,763 | €399,995 | -€49,767 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €23,637 | €44,509 | +€20,872 | +88.3% |
| Trade debts | 44 | €158,366 | €112,654 | -€45,711 | -28.9% |
| Suppliers | 440/4 | €158,366 | €112,654 | -€45,711 | -28.9% |
| Taxes, remuneration and social security | 45 | €217,760 | €168,974 | -€48,786 | -22.4% |
| Taxes | 450/3 | €130,867 | €67,399 | -€63,469 | -48.5% |
| Remuneration and social security | 454/9 | €86,893 | €101,575 | +€14,683 | +16.9% |
| Other amounts payable | 47/48 | €50,000 | €73,858 | +€23,858 | +47.7% |
| Non-recurring operating income | 76A | - | €975 | +€975 | |
| Remuneration, social security and pensions | 62 | €791,493 | €776,868 | -€14,625 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,659 | €65,734 | +€9,075 | +16.0% |
| Other operating charges | 640/8 | €36,561 | €82,666 | +€46,105 | +126% |
| Non-recurring operating charges | 66A | - | €34,291 | +€34,291 | |
| Gross operating margin | 9900 | €1,250,584 | €1,054,332 | -€196,251 | -15.7% |
| Operating profit (loss) | 9901 | €365,870 | €94,773 | -€271,097 | -74.1% |
| Financial income | 75/76B | €47,520 | €38,669 | -€8,851 | -18.6% |
| Recurring financial income | 75 | €47,520 | €38,669 | -€8,851 | -18.6% |
| Financial charges | 65/66B | €35,318 | €15,554 | -€19,764 | -56.0% |
| Recurring financial charges | 65 | €35,318 | €15,554 | -€19,764 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €378,072 | €117,888 | -€260,184 | -68.8% |
| Income taxes | 67/77 | €82,103 | €66,616 | -€15,487 | -18.9% |
| Profit (loss) for the period | 9904 | €295,969 | €51,272 | -€244,697 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €295,969 | €51,272 | -€244,697 | -82.7% |
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 26 October 2026 via checked.be.