LE CROUSTI: 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.
LE CROUSTI
Largest movements
- Receivables within one year +€9,309
up €9,309 (+72.3%), from €12,867 to €22,176
of which Other amounts receivable: +€5,611
- Cash -€4,054
down €4,054 (-23.3%), from €17,379 to €13,326
mainly Receivables within one year (-€9,309) and Debts after one year (-€6,972)
- Tangible fixed assets -€1,554
down €1,554 (-25.7%), from €6,042 to €4,487
of which Plant, machinery and equipment: -€1,069
- Intangible fixed assets -€1,500
down €1,500 (-20.0%), from €7,500 to €6,000
- Deferred charges and accrued income -€1,476
down €1,476 (-19.5%), from €7,585 to €6,109
- Debts after one year -€6,972
down €6,972 (-62.8%), from €11,100 to €4,127
- Accrued charges and deferred income +€4,420
new in 2025: €4,420
- Profit (loss) carried forward +€3,085
up €3,085 (+25.3%), from -€12,211 to -€9,126
- Trade debts +€2,865
up €2,865 (+18.8%), from €15,266 to €18,132
- Other debts -€1,477
no longer reported in 2025 (was €1,477)
- Staff costs -€1,896
down €1,896 (-4.0%), from €46,923 to €45,028
- Other operating charges -€1,057
down €1,057 (-47.7%), from €2,215 to €1,158
- Gross operating margin +€663
up €663 (+1.2%), from €56,456 to €57,119
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 | €62,999 | €64,758 | +€1,759 | +2.8% |
| Fixed assets | 21/28 | €13,542 | €10,487 | -€3,054 | -22.6% |
| Intangible fixed assets | 21 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Tangible fixed assets | 22/27 | €6,042 | €4,487 | -€1,554 | -25.7% |
| Plant, machinery and equipment | 23 | €5,228 | €4,160 | -€1,069 | -20.4% |
| Furniture and vehicles | 24 | €813 | €327 | -€486 | -59.7% |
| Current assets | 29/58 | €49,458 | €54,271 | +€4,813 | +9.7% |
| Amounts receivable after more than one year | 29 | €8,045 | €8,045 | = | 0.0% |
| Other amounts receivable | 291 | €8,045 | €8,045 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,581 | €4,615 | +€1,034 | +28.9% |
| Stocks | 30/36 | €3,581 | €4,615 | +€1,034 | +28.9% |
| Amounts receivable within one year | 40/41 | €12,867 | €22,176 | +€9,309 | +72.3% |
| Trade receivables | 40 | €12,733 | €16,431 | +€3,698 | +29.0% |
| Other amounts receivable | 41 | €135 | €5,745 | +€5,611 | +4,171% |
| Cash at bank and in hand | 54/58 | €17,379 | €13,326 | -€4,054 | -23.3% |
| Deferred charges and accrued income | 490/1 | €7,585 | €6,109 | -€1,476 | -19.5% |
| Total equity and liabilities | 10/49 | €62,999 | €64,758 | +€1,759 | +2.8% |
| Equity | 10/15 | €23,935 | €27,020 | +€3,085 | +12.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,146 | €16,146 | = | 0.0% |
| Distributable reserves | 133 | €16,146 | €16,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,211 | -€9,126 | +€3,085 | +25.3% |
| Amounts payable | 17/49 | €39,065 | €37,738 | -€1,326 | -3.4% |
| Amounts payable after more than one year | 17 | €11,100 | €4,127 | -€6,972 | -62.8% |
| Financial debts | 170/4 | €11,100 | €4,127 | -€6,972 | -62.8% |
| Amounts payable within one year | 42/48 | €27,965 | €29,191 | +€1,226 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €6,845 | €6,972 | +€128 | +1.9% |
| Trade debts | 44 | €15,266 | €18,132 | +€2,865 | +18.8% |
| Suppliers | 440/4 | €15,266 | €18,132 | +€2,865 | +18.8% |
| Taxes, remuneration and social security | 45 | €4,377 | €4,087 | -€290 | -6.6% |
| Taxes | 450/3 | €242 | €384 | +€142 | +58.9% |
| Remuneration and social security | 454/9 | €4,135 | €3,703 | -€432 | -10.4% |
| Other amounts payable | 47/48 | €1,477 | - | -€1,477 | |
| Accrued charges and deferred income | 492/3 | - | €4,420 | +€4,420 | |
| Non-recurring operating income | 76A | €3,056 | €77 | -€2,979 | -97.5% |
| Remuneration, social security and pensions | 62 | €46,923 | €45,028 | -€1,896 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,314 | €3,054 | -€259 | -7.8% |
| Other operating charges | 640/8 | €2,215 | €1,158 | -€1,057 | -47.7% |
| Non-recurring operating charges | 66A | €280 | €456 | +€177 | +63.3% |
| Gross operating margin | 9900 | €56,456 | €57,119 | +€663 | +1.2% |
| Operating profit (loss) | 9901 | €3,725 | €7,423 | +€3,698 | +99.3% |
| Financial charges | 65/66B | €3,695 | €4,161 | +€466 | +12.6% |
| Recurring financial charges | 65 | €3,695 | €4,161 | +€466 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €30 | €3,262 | +€3,232 | +10,765% |
| Income taxes | 67/77 | €172 | €176 | +€4 | +2.3% |
| Profit (loss) for the period | 9904 | -€142 | €3,085 | +€3,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€142 | €3,085 | +€3,228 |
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 18 October 2026 via checked.be.