LA CRAVACHE: 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.
LA CRAVACHE
Largest movements
- Tangible fixed assets -€27,647
down €27,647 (-18.2%), from €151,513 to €123,866
of which Furniture and vehicles: -€16,597
- Stocks and contracts +€6,095
up €6,095 (+7.8%), from €77,815 to €83,910
- Receivables within one year +€6,033
up €6,033 (+1154.3%), from €523 to €6,555
- Profit (loss) carried forward -€15,706
down €15,706 (-20.3%), from €77,403 to €61,697
- Trade debts -€5,319
down €5,319 (-19.5%), from €27,291 to €21,972
- Gross operating margin +€61,938
up €61,938 (+50.4%), from €122,882 to €184,820
- Staff costs +€20,159
up €20,159 (+18.6%), from €108,239 to €128,398
- Depreciation -€16,652
down €16,652 (-20.6%), from €80,953 to €64,301
- Other operating charges +€2,064
up €2,064 (+48.2%), from €4,286 to €6,350
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €371,091 | €356,316 | -€14,776 | -4.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €151,513 | €123,866 | -€27,647 | -18.2% |
| Tangible fixed assets | 22/27 | €151,513 | €123,866 | -€27,647 | -18.2% |
| Land and buildings | 22 | €41,474 | €32,883 | -€8,591 | -20.7% |
| Plant, machinery and equipment | 23 | €4,252 | €1,793 | -€2,459 | -57.8% |
| Furniture and vehicles | 24 | €105,787 | €89,190 | -€16,597 | -15.7% |
| Current assets | 29/58 | €219,579 | €232,450 | +€12,871 | +5.9% |
| Stocks and contracts in progress | 3 | €77,815 | €83,910 | +€6,095 | +7.8% |
| Stocks | 30/36 | €77,815 | €83,910 | +€6,095 | +7.8% |
| Amounts receivable within one year | 40/41 | €523 | €6,555 | +€6,033 | +1154.3% |
| Trade receivables | 40 | €523 | €6,555 | +€6,033 | +1154.3% |
| Cash at bank and in hand | 54/58 | €141,241 | €141,309 | +€68 | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €675 | +€675 | |
| Total equity and liabilities | 10/49 | €371,091 | €356,316 | -€14,776 | -4.0% |
| Equity | 10/15 | €239,489 | €223,783 | -€15,706 | -6.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €87,718 | €87,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,900 | €11,900 | = | 0.0% |
| Distributable reserves | 133 | €68,381 | €68,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,403 | €61,697 | -€15,706 | -20.3% |
| Amounts payable | 17/49 | €131,602 | €132,533 | +€930 | +0.7% |
| Amounts payable after more than one year | 17 | €42,478 | €42,844 | +€366 | +0.9% |
| Financial debts | 170/4 | €42,478 | €42,844 | +€366 | +0.9% |
| Amounts payable within one year | 42/48 | €89,124 | €89,689 | +€564 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €19,949 | €23,147 | +€3,198 | +16.0% |
| Trade debts | 44 | €27,291 | €21,972 | -€5,319 | -19.5% |
| Suppliers | 440/4 | €27,291 | €21,972 | -€5,319 | -19.5% |
| Taxes, remuneration and social security | 45 | €21,814 | €23,553 | +€1,739 | +8.0% |
| Taxes | 450/3 | €8,327 | €7,529 | -€799 | -9.6% |
| Remuneration and social security | 454/9 | €13,487 | €16,024 | +€2,538 | +18.8% |
| Other amounts payable | 47/48 | €20,070 | €21,016 | +€946 | +4.7% |
| Remuneration, social security and pensions | 62 | €108,239 | €128,398 | +€20,159 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,953 | €64,301 | -€16,652 | -20.6% |
| Other operating charges | 640/8 | €4,286 | €6,350 | +€2,064 | +48.2% |
| Non-recurring operating charges | 66A | €151 | €72 | -€79 | -52.3% |
| Gross operating margin | 9900 | €122,882 | €184,820 | +€61,938 | +50.4% |
| Operating profit (loss) | 9901 | -€70,747 | -€14,301 | +€56,446 | +79.8% |
| Financial charges | 65/66B | €1,538 | €1,342 | -€196 | -12.7% |
| Recurring financial charges | 65 | €1,538 | €1,342 | -€196 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€72,285 | -€15,643 | +€56,642 | +78.4% |
| Income taxes | 67/77 | - | €63 | +€63 | |
| Profit (loss) for the period | 9904 | -€72,285 | -€15,706 | +€56,579 | +78.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,285 | -€15,706 | +€56,579 | +78.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.