E. CRYNS: 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.
E. CRYNS
Largest movements
- Tangible fixed assets -€33,569
down €33,569 (-11.9%), from €283,022 to €249,453
of which Land and buildings: -€33,143
- Current investments +€26,549
up €26,549 (+17.6%), from €150,833 to €177,381
- Receivables within one year -€10,917
down €10,917 (-21.6%), from €50,642 to €39,725
of which Trade receivables: -€10,737
- Cash +€6,833
up €6,833 (+290.0%), from €2,356 to €9,190
mainly Other debts (+€58,531) and Depreciation (+€33,569)
- Reserves -€63,976
down €63,976 (-12.4%), from €517,176 to €453,200
of which Distributable reserves: -€62,000
- Other debts +€58,531
up €58,531 (+399.0%), from €14,670 to €73,201
- Profit (loss) carried forward -€5,756
down €5,756 (-9.6%), from -€59,831 to -€65,587
- Gross operating margin -€3,256
down €3,256 (-10.0%), from €32,642 to €29,386
- Other operating charges -€1,303
down €1,303 (-25.2%), from €5,176 to €3,873
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 | €493,731 | €482,549 | -€11,182 | -2.3% |
| Fixed assets | 21/28 | €289,822 | €256,253 | -€33,569 | -11.6% |
| Tangible fixed assets | 22/27 | €283,022 | €249,453 | -€33,569 | -11.9% |
| Land and buildings | 22 | €281,532 | €248,389 | -€33,143 | -11.8% |
| Furniture and vehicles | 24 | €1,490 | €1,064 | -€426 | -28.6% |
| Financial fixed assets | 28 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €203,909 | €226,296 | +€22,387 | +11.0% |
| Amounts receivable within one year | 40/41 | €50,642 | €39,725 | -€10,917 | -21.6% |
| Trade receivables | 40 | €50,463 | €39,725 | -€10,737 | -21.3% |
| Other amounts receivable | 41 | €180 | - | -€180 | |
| Current investments | 50/53 | €150,833 | €177,381 | +€26,549 | +17.6% |
| Cash at bank and in hand | 54/58 | €2,356 | €9,190 | +€6,833 | +290.0% |
| Deferred charges and accrued income | 490/1 | €77 | - | -€77 | |
| Total equity and liabilities | 10/49 | €493,731 | €482,549 | -€11,182 | -2.3% |
| Equity | 10/15 | €477,805 | €408,073 | -€69,732 | -14.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €517,176 | €453,200 | -€63,976 | -12.4% |
| Tax-exempt reserves | 132 | €52,173 | €50,197 | -€1,976 | -3.8% |
| Distributable reserves | 133 | €465,003 | €403,003 | -€62,000 | -13.3% |
| Profit (loss) carried forward | 14 | -€59,831 | -€65,587 | -€5,756 | -9.6% |
| Amounts payable | 17/49 | €15,926 | €74,476 | +€58,550 | +367.6% |
| Amounts payable within one year | 42/48 | €14,732 | €73,282 | +€58,550 | +397.4% |
| Trade debts | 44 | €62 | €81 | +€19 | +30.6% |
| Suppliers | 440/4 | €62 | €81 | +€19 | +30.6% |
| Other amounts payable | 47/48 | €14,670 | €73,201 | +€58,531 | +399.0% |
| Accrued charges and deferred income | 492/3 | €1,194 | €1,194 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,878 | €33,569 | -€308 | -0.9% |
| Other operating charges | 640/8 | €5,176 | €3,873 | -€1,303 | -25.2% |
| Gross operating margin | 9900 | €32,642 | €29,386 | -€3,256 | -10.0% |
| Operating profit (loss) | 9901 | -€6,412 | -€8,056 | -€1,644 | -25.6% |
| Financial income | 75/76B | €733 | €549 | -€185 | -25.2% |
| Recurring financial income | 75 | €733 | €549 | -€185 | -25.2% |
| Financial charges | 65/66B | €192 | €224 | +€33 | +17.0% |
| Recurring financial charges | 65 | €192 | €224 | +€33 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,870 | -€7,732 | -€1,862 | -31.7% |
| Transfer from deferred taxes | 780 | €6,661 | - | -€6,661 | |
| Income taxes | 67/77 | €220 | - | -€220 | |
| Profit (loss) for the period | 9904 | €571 | -€7,732 | -€8,303 | |
| Transfer from tax-exempt reserves | 789 | €1,872 | €1,976 | +€104 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,443 | -€5,756 | -€8,199 |
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 11 October 2026 via checked.be.