ELS DE CRAIM: what changed
What changed
ELS DE CRAIM
NACE 64.999, Other financial services
filed annual accounts (NBB)
Net result for the year
€72,597
2023 · €122,772-€50,175
Equity
€396,571
2023 · €323,974+€72,597
Cash
€124,364
2023 · €72,946+€51,418
Balance sheet total
€1.2m
2023 · €1.0m+€166,617
Largest movements
Assets
- Tangible fixed assets +€352,592
up €352,592 (+597%), from €59,078 to €411,670
of which Land and buildings: +€293,780
- Current investments -€141,803
down €141,803 (-99.5%), from €142,500 to €697
- Intangible fixed assets -€81,652
down €81,652 (-12.3%), from €661,492 to €579,840
- Cash +€51,418
up €51,418 (+70.5%), from €72,946 to €124,364
mainly Current investments (+€141,803) and Depreciation (+€123,426)
Equity and liabilities
- Debts after one year +€122,455
up €122,455 (+23.3%), from €526,409 to €648,864
- Profit (loss) carried forward +€72,597
up €72,597 (+23.9%), from €303,514 to €376,111
- Tax, wage and social debts -€29,545
down €29,545 (-36.5%), from €81,006 to €51,461
of which Taxes: -€44,059
Income statement
- Staff costs +€97,314
up €97,314 (+29.1%), from €334,575 to €431,889
- Gross operating margin +€50,464
up €50,464 (+8.2%), from €617,291 to €667,755
- Depreciation +€17,219
up €17,219 (+16.2%), from €106,208 to €123,426
- Taxes -€15,544
down €15,544 (-35.3%), from €44,024 to €28,480
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€122,772
Gross operating margin
+€50,464
Staff costs
-€97,314
Depreciation
-€17,219
Other operating charges
-€711
Financial income
+€3,644
Financial charges
-€4,584
Taxes
+€15,544
Result 2024
€72,597
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€174,699
Investment
-€252,564
Financing
+€129,283
Cash 2023
€72,946
From operations (derived)
+€174,699
Net result for the year
+€72,597
Depreciation
+€123,426
Receivables within one year
+€10,549
Deferred charges and accrued income
+€3,390
Trade debts
-€5,236
Tax, wage and social debts
-€29,545
Smaller working-capital items
-€483
Investment (derived)
-€252,564
Investment in fixed assets (net)
-€394,367
Current investments
+€141,803
Financing
+€129,283
Debts after one year
+€122,455
Current portion of long-term debt
+€6,828
Cash 2024
€124,364
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,046,040 | €1,212,657 | +€166,617 | +15.9% |
| Fixed assets | 21/28 | €721,320 | €992,261 | +€270,941 | +37.6% |
| Intangible fixed assets | 21 | €661,492 | €579,840 | -€81,652 | -12.3% |
| Tangible fixed assets | 22/27 | €59,078 | €411,670 | +€352,592 | +597% |
| Land and buildings | 22 | - | €293,780 | +€293,780 | |
| Plant, machinery and equipment | 23 | €1,827 | €6,143 | +€4,316 | +236% |
| Furniture and vehicles | 24 | €50,436 | €100,806 | +€50,370 | +99.9% |
| Other tangible fixed assets | 26 | €6,815 | €10,942 | +€4,127 | +60.6% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €324,720 | €220,396 | -€104,323 | -32.1% |
| Amounts receivable within one year | 40/41 | €95,421 | €84,873 | -€10,549 | -11.1% |
| Trade receivables | 40 | €95,421 | €62,144 | -€33,278 | -34.9% |
| Other amounts receivable | 41 | - | €22,729 | +€22,729 | |
| Current investments | 50/53 | €142,500 | €697 | -€141,803 | -99.5% |
| Cash at bank and in hand | 54/58 | €72,946 | €124,364 | +€51,418 | +70.5% |
| Deferred charges and accrued income | 490/1 | €13,852 | €10,462 | -€3,390 | -24.5% |
| Total equity and liabilities | 10/49 | €1,046,040 | €1,212,657 | +€166,617 | +15.9% |
| Equity | 10/15 | €323,974 | €396,571 | +€72,597 | +22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,514 | €376,111 | +€72,597 | +23.9% |
| Amounts payable | 17/49 | €722,066 | €816,086 | +€94,020 | +13.0% |
| Amounts payable after more than one year | 17 | €526,409 | €648,864 | +€122,455 | +23.3% |
| Financial debts | 170/4 | €526,409 | €648,864 | +€122,455 | +23.3% |
| Amounts payable within one year | 42/48 | €195,569 | €166,827 | -€28,742 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €72,892 | €79,720 | +€6,828 | +9.4% |
| Trade debts | 44 | €37,409 | €32,173 | -€5,236 | -14.0% |
| Suppliers | 440/4 | €37,409 | €32,173 | -€5,236 | -14.0% |
| Taxes, remuneration and social security | 45 | €81,006 | €51,461 | -€29,545 | -36.5% |
| Taxes | 450/3 | €44,059 | - | -€44,059 | |
| Remuneration and social security | 454/9 | €36,946 | €51,461 | +€14,515 | +39.3% |
| Other amounts payable | 47/48 | €4,263 | €3,472 | -€791 | -18.5% |
| Accrued charges and deferred income | 492/3 | €88 | €395 | +€307 | +350% |
| Remuneration, social security and pensions | 62 | €334,575 | €431,889 | +€97,314 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,208 | €123,426 | +€17,219 | +16.2% |
| Other operating charges | 640/8 | €2,562 | €3,273 | +€711 | +27.7% |
| Gross operating margin | 9900 | €617,291 | €667,755 | +€50,464 | +8.2% |
| Operating profit (loss) | 9901 | €173,947 | €109,167 | -€64,780 | -37.2% |
| Financial income | 75/76B | €492 | €4,136 | +€3,644 | +741% |
| Recurring financial income | 75 | €492 | €4,136 | +€3,644 | +741% |
| Financial charges | 65/66B | €7,641 | €12,226 | +€4,584 | +60.0% |
| Recurring financial charges | 65 | €7,641 | €12,226 | +€4,584 | +60.0% |
| Profit (loss) for the period before taxes | 9903 | €166,797 | €101,077 | -€65,720 | -39.4% |
| Income taxes | 67/77 | €44,024 | €28,480 | -€15,544 | -35.3% |
| Profit (loss) for the period | 9904 | €122,772 | €72,597 | -€50,175 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €122,772 | €72,597 | -€50,175 | -40.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.