La Croisée: 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 Croisée
Largest movements
- Receivables within one year -€40,824
down €40,824 (-56.1%), from €72,799 to €31,975
of which Other amounts receivable: -€42,917
- Tangible fixed assets -€19,885
down €19,885 (-30.1%), from €66,085 to €46,200
- Cash +€16,865
up €16,865 (+28.1%), from €60,092 to €76,957
mainly Receivables within one year (+€40,824) and Depreciation (+€26,696)
- Deferred charges and accrued income +€3,929
up €3,929 (+83.5%), from €4,705 to €8,633
- Profit (loss) carried forward -€23,547
down €23,547, from €19,302 to -€4,245
- Short-term financial debts +€20,000
new in 2025: €20,000
- Trade debts -€16,762
down €16,762 (-16.9%), from €98,969 to €82,207
- Debts after one year -€13,307
down €13,307 (-30.4%), from €43,801 to €30,494
- Current portion of long-term debt -€10,829
down €10,829 (-40.3%), from €26,855 to €16,026
- Staff costs +€51,731
up €51,731 (+20.5%), from €252,866 to €304,597
- Gross operating margin +€17,924
up €17,924 (+6.0%), from €298,767 to €316,691
- Depreciation -€5,220
down €5,220 (-16.4%), from €31,916 to €26,696
- Other operating charges -€4,313
down €4,313 (-52.5%), from €8,218 to €3,905
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 | €233,389 | €193,979 | -€39,411 | -16.9% |
| Fixed assets | 21/28 | €66,085 | €46,200 | -€19,885 | -30.1% |
| Tangible fixed assets | 22/27 | €66,085 | €46,200 | -€19,885 | -30.1% |
| Land and buildings | 22 | €12,863 | €7,076 | -€5,787 | -45.0% |
| Plant, machinery and equipment | 23 | €11,630 | €7,896 | -€3,733 | -32.1% |
| Furniture and vehicles | 24 | €25,537 | €20,455 | -€5,082 | -19.9% |
| Leasing and similar rights | 25 | €16,056 | €10,401 | -€5,655 | -35.2% |
| Other tangible fixed assets | 26 | - | €372 | +€372 | |
| Current assets | 29/58 | €167,304 | €147,778 | -€19,526 | -11.7% |
| Stocks and contracts in progress | 3 | €29,709 | €30,213 | +€504 | +1.7% |
| Stocks | 30/36 | €29,709 | €30,213 | +€504 | +1.7% |
| Amounts receivable within one year | 40/41 | €72,799 | €31,975 | -€40,824 | -56.1% |
| Trade receivables | 40 | €13,882 | €15,975 | +€2,093 | +15.1% |
| Other amounts receivable | 41 | €58,917 | €16,000 | -€42,917 | -72.8% |
| Cash at bank and in hand | 54/58 | €60,092 | €76,957 | +€16,865 | +28.1% |
| Deferred charges and accrued income | 490/1 | €4,705 | €8,633 | +€3,929 | +83.5% |
| Total equity and liabilities | 10/49 | €233,389 | €193,979 | -€39,411 | -16.9% |
| Equity | 10/15 | €39,302 | €15,755 | -€23,547 | -59.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,302 | -€4,245 | -€23,547 | |
| Amounts payable | 17/49 | €194,088 | €178,224 | -€15,864 | -8.2% |
| Amounts payable after more than one year | 17 | €43,801 | €30,494 | -€13,307 | -30.4% |
| Financial debts | 170/4 | €43,801 | €30,494 | -€13,307 | -30.4% |
| Amounts payable within one year | 42/48 | €150,287 | €147,729 | -€2,557 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €26,855 | €16,026 | -€10,829 | -40.3% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €98,969 | €82,207 | -€16,762 | -16.9% |
| Suppliers | 440/4 | €98,969 | €82,207 | -€16,762 | -16.9% |
| Taxes, remuneration and social security | 45 | €22,286 | €29,450 | +€7,163 | +32.1% |
| Taxes | 450/3 | €8,081 | €6,084 | -€1,997 | -24.7% |
| Remuneration and social security | 454/9 | €14,205 | €23,366 | +€9,160 | +64.5% |
| Other amounts payable | 47/48 | €2,176 | €47 | -€2,129 | -97.8% |
| Remuneration, social security and pensions | 62 | €252,866 | €304,597 | +€51,731 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,916 | €26,696 | -€5,220 | -16.4% |
| Other operating charges | 640/8 | €8,218 | €3,905 | -€4,313 | -52.5% |
| Gross operating margin | 9900 | €298,767 | €316,691 | +€17,924 | +6.0% |
| Operating profit (loss) | 9901 | €5,767 | -€18,506 | -€24,274 | |
| Financial income | 75/76B | €39 | €477 | +€438 | +1,110% |
| Recurring financial income | 75 | €39 | €477 | +€438 | +1,110% |
| Financial charges | 65/66B | €2,921 | €5,517 | +€2,596 | +88.9% |
| Recurring financial charges | 65 | €2,921 | €5,517 | +€2,596 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €2,885 | -€23,547 | -€26,432 | |
| Profit (loss) for the period | 9904 | €2,885 | -€23,547 | -€26,432 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,885 | -€23,547 | -€26,432 |
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 23 October 2026 via checked.be.