DR. Lien CRUYS: 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.
DR. Lien CRUYS
Largest movements
- Receivables within one year +€101,691
up €101,691 (+1,669%), from €6,093 to €107,783
of which Trade receivables: +€102,624
- Current investments +€60,352
up €60,352 (+27.6%), from €218,814 to €279,166
- Cash +€44,762
up €44,762 (+13.7%), from €327,351 to €372,113
mainly Other debts (+€398,161) and Net result for the year (+€230,836)
- Tangible fixed assets -€11,934
down €11,934 (-19.1%), from €62,487 to €50,554
of which Furniture and vehicles: -€11,356
- Other debts +€398,161
up €398,161 (+109%), from €366,382 to €764,544
- Reserves -€209,997
down €209,997 (-98.7%), from €212,698 to €2,701
of which Distributable reserves: -€209,997
- Tax, wage and social debts +€8,428
up €8,428 (+57.8%), from €14,576 to €23,004
of which Taxes: +€8,428
- Gross operating margin +€72,075
up €72,075 (+29.5%), from €243,946 to €316,022
- Financial income -€38,294
down €38,294 (-91.9%), from €41,675 to €3,381
- Taxes +€23,836
up €23,836 (+48.3%), from €49,401 to €73,237
- Financial charges -€20,410
down €20,410 (-97.6%), from €20,903 to €493
- Depreciation +€6,549
up €6,549 (+93.3%), from €7,021 to €13,569
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 | €614,745 | €809,616 | +€194,872 | +31.7% |
| Fixed assets | 21/28 | €62,487 | €50,554 | -€11,934 | -19.1% |
| Tangible fixed assets | 22/27 | €62,487 | €50,554 | -€11,934 | -19.1% |
| Plant, machinery and equipment | 23 | €3,275 | €2,864 | -€411 | -12.5% |
| Furniture and vehicles | 24 | €58,344 | €46,988 | -€11,356 | -19.5% |
| Other tangible fixed assets | 26 | €868 | €702 | -€166 | -19.2% |
| Current assets | 29/58 | €552,257 | €759,062 | +€206,805 | +37.4% |
| Amounts receivable within one year | 40/41 | €6,093 | €107,783 | +€101,691 | +1,669% |
| Trade receivables | 40 | €5,159 | €107,783 | +€102,624 | +1,989% |
| Other amounts receivable | 41 | €933 | €0 | -€933 | -100% |
| Current investments | 50/53 | €218,814 | €279,166 | +€60,352 | +27.6% |
| Cash at bank and in hand | 54/58 | €327,351 | €372,113 | +€44,762 | +13.7% |
| Total equity and liabilities | 10/49 | €614,745 | €809,616 | +€194,872 | +31.7% |
| Equity | 10/15 | €231,298 | €21,301 | -€209,997 | -90.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,698 | €2,701 | -€209,997 | -98.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €212,698 | €2,701 | -€209,997 | -98.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €383,447 | €788,315 | +€404,869 | +106% |
| Amounts payable within one year | 42/48 | €383,447 | €788,315 | +€404,869 | +106% |
| Trade debts | 44 | €2,489 | €768 | -€1,721 | -69.1% |
| Suppliers | 440/4 | €2,489 | €768 | -€1,721 | -69.1% |
| Taxes, remuneration and social security | 45 | €14,576 | €23,004 | +€8,428 | +57.8% |
| Taxes | 450/3 | €14,576 | €23,004 | +€8,428 | +57.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €366,382 | €764,544 | +€398,161 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,021 | €13,569 | +€6,549 | +93.3% |
| Other operating charges | 640/8 | €358 | €1,268 | +€910 | +254% |
| Gross operating margin | 9900 | €243,946 | €316,022 | +€72,075 | +29.5% |
| Operating profit (loss) | 9901 | €236,568 | €301,185 | +€64,617 | +27.3% |
| Financial income | 75/76B | €41,675 | €3,381 | -€38,294 | -91.9% |
| Recurring financial income | 75 | €41,675 | €3,381 | -€38,294 | -91.9% |
| Financial charges | 65/66B | €20,903 | €493 | -€20,410 | -97.6% |
| Recurring financial charges | 65 | €20,903 | €493 | -€20,410 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €257,340 | €304,073 | +€46,733 | +18.2% |
| Income taxes | 67/77 | €49,401 | €73,237 | +€23,836 | +48.3% |
| Profit (loss) for the period | 9904 | €207,939 | €230,836 | +€22,896 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €207,939 | €230,836 | +€22,896 | +11.0% |
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 24 October 2026 via checked.be.