La Croisette: 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 Croisette
Largest movements
- Tangible fixed assets +€447,495
up €447,495 (+217%), from €206,524 to €654,018
of which Assets under construction and advance payments: +€444,026
- Debts after one year +€659,809
up €659,809 (+689%), from €95,822 to €755,631
of which Financial debts: +€469,374
- Other debts -€126,435
down €126,435 (-100%), from €126,435 to €0
- Trade debts -€58,036
down €58,036 (-70.0%), from €82,928 to €24,892
- Profit (loss) carried forward -€33,844
down €33,844 (-28.4%), from -€119,326 to -€153,170
- Gross operating margin +€18,845
up €18,845 (+48.7%), from -€38,658 to -€19,813
- Financial charges +€11,685
up €11,685 (+623%), from €1,875 to €13,560
- Other operating charges -€1,303
down €1,303 (-76.5%), from €1,702 to €400
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 | €212,347 | €658,945 | +€446,598 | +210% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €207,764 | €656,258 | +€448,495 | +216% |
| Tangible fixed assets | 22/27 | €206,524 | €654,018 | +€447,495 | +217% |
| Land and buildings | 22 | €115,000 | €115,000 | = | 0.0% |
| Furniture and vehicles | 24 | - | €3,469 | +€3,469 | |
| Assets under construction and advance payments | 27 | €91,524 | €535,550 | +€444,026 | +485% |
| Financial fixed assets | 28 | €1,240 | €2,240 | +€1,000 | +80.6% |
| Current assets | 29/58 | €4,583 | €2,687 | -€1,897 | -41.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,583 | €1,561 | -€3,023 | -65.9% |
| Deferred charges and accrued income | 490/1 | - | €1,126 | +€1,126 | |
| Total equity and liabilities | 10/49 | €212,347 | €658,945 | +€446,598 | +210% |
| Equity | 10/15 | -€99,326 | -€133,170 | -€33,844 | -34.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,326 | -€153,170 | -€33,844 | -28.4% |
| Amounts payable | 17/49 | €311,673 | €792,115 | +€480,442 | +154% |
| Amounts payable after more than one year | 17 | €95,822 | €755,631 | +€659,809 | +689% |
| Financial debts | 170/4 | €95,822 | €565,196 | +€469,374 | +490% |
| Other amounts payable | 178/9 | - | €190,435 | +€190,435 | |
| Amounts payable within one year | 42/48 | €215,851 | €36,483 | -€179,368 | -83.1% |
| Current portion of amounts payable after more than one year | 42 | €5,987 | €6,055 | +€68 | +1.1% |
| Trade debts | 44 | €82,928 | €24,892 | -€58,036 | -70.0% |
| Suppliers | 440/4 | €82,928 | €24,892 | -€58,036 | -70.0% |
| Taxes, remuneration and social security | 45 | €500 | €5,536 | +€5,035 | +1,006% |
| Taxes | 450/3 | €500 | €5,536 | +€5,035 | +1,006% |
| Other amounts payable | 47/48 | €126,435 | €0 | -€126,435 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €71 | -€364 | -83.7% |
| Other operating charges | 640/8 | €1,702 | €400 | -€1,303 | -76.5% |
| Gross operating margin | 9900 | -€38,658 | -€19,813 | +€18,845 | +48.7% |
| Operating profit (loss) | 9901 | -€40,795 | -€20,284 | +€20,511 | +50.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,875 | €13,560 | +€11,685 | +623% |
| Recurring financial charges | 65 | €1,875 | €13,560 | +€11,685 | +623% |
| Profit (loss) for the period before taxes | 9903 | -€42,670 | -€33,844 | +€8,826 | +20.7% |
| Profit (loss) for the period | 9904 | -€42,670 | -€33,844 | +€8,826 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,670 | -€33,844 | +€8,826 | +20.7% |
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 26 October 2026 via checked.be.