Les Exploitations Crosly: 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.
Les Exploitations Crosly
Largest movements
- Receivables within one year -€181,674
down €181,674 (-57.6%), from €315,592 to €133,918
of which Trade receivables: -€165,736
- Current investments +€150,000
up €150,000 (+27.3%), from €550,000 to €700,000
- Cash -€143,044
down €143,044 (-12.8%), from €1.1m to €971,942
mainly Contributions, distributions and other (-€1.9m) and Provisions (-€1.1m)
- Profit (loss) carried forward +€3.0m
up €3.0m (+1,536%), from €194,787 to €3.2m
- Reserves -€1.5m
down €1.5m (-57.0%), from €2.5m to €1.1m
of which Tax-exempt reserves: -€1.7m
- Provisions -€1.1m
no longer reported in 2025 (was €1.1m)
- Investment grants -€267,916
no longer reported in 2025 (was €267,916)
- Trade debts -€217,542
down €217,542 (-59.3%), from €366,937 to €149,395
- Turnover -€3.1m
no longer reported in 2025 (was €3.1m)
- Provisions -€2.9m
down €2.9m (-2,239%), from -€130,500 to -€3.1m
- Other operating charges -€159,102
down €159,102 (-58.5%), from €271,779 to €112,677
- Gross operating margin -€108,000
down €108,000 (-6.5%), from €1.7m to €1.5m
- Taxes -€66,572
down €66,572 (-44.9%), from €148,221 to €81,650
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 | €5,053,700 | €4,829,233 | -€224,467 | -4.4% |
| Fixed assets | 21/28 | €3,009,632 | €2,967,308 | -€42,324 | -1.4% |
| Tangible fixed assets | 22/27 | €3,009,632 | €2,967,308 | -€42,324 | -1.4% |
| Land and buildings | 22 | €2,653,462 | €2,612,395 | -€41,066 | -1.5% |
| Plant, machinery and equipment | 23 | €241,316 | €231,052 | -€10,264 | -4.3% |
| Furniture and vehicles | 24 | €45,408 | €88,627 | +€43,219 | +95.2% |
| Assets under construction and advance payments | 27 | €69,447 | €35,234 | -€34,213 | -49.3% |
| Current assets | 29/58 | €2,044,068 | €1,861,924 | -€182,143 | -8.9% |
| Stocks and contracts in progress | 3 | €12,535 | €16,863 | +€4,328 | +34.5% |
| Stocks | 30/36 | €12,535 | €16,863 | +€4,328 | +34.5% |
| Amounts receivable within one year | 40/41 | €315,592 | €133,918 | -€181,674 | -57.6% |
| Trade receivables | 40 | €220,964 | €55,228 | -€165,736 | -75.0% |
| Other amounts receivable | 41 | €94,628 | €78,690 | -€15,938 | -16.8% |
| Current investments | 50/53 | €550,000 | €700,000 | +€150,000 | +27.3% |
| Cash at bank and in hand | 54/58 | €1,114,986 | €971,942 | -€143,044 | -12.8% |
| Deferred charges and accrued income | 490/1 | €50,954 | €39,202 | -€11,753 | -23.1% |
| Total equity and liabilities | 10/49 | €5,053,700 | €4,829,233 | -€224,467 | -4.4% |
| Equity | 10/15 | €3,212,617 | €4,483,408 | +€1.3m | +39.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €2,549,914 | €1,096,553 | -€1.5m | -57.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,680,634 | - | -€1.7m | |
| Distributable reserves | 133 | €849,281 | €1,076,553 | +€227,273 | +26.8% |
| Profit (loss) carried forward | 14 | €194,787 | €3,186,854 | +€3.0m | +1,536% |
| Investment grants | 15 | €267,916 | - | -€267,916 | |
| Provisions and deferred taxes | 16 | €1,103,360 | - | -€1.1m | |
| Deferred taxes | 168 | €1,103,360 | - | -€1.1m | |
| Amounts payable | 17/49 | €737,722 | €345,825 | -€391,898 | -53.1% |
| Amounts payable after more than one year | 17 | €30,136 | €7,425 | -€22,712 | -75.4% |
| Financial debts | 170/4 | €22,712 | - | -€22,712 | |
| Other amounts payable | 178/9 | €7,425 | €7,425 | = | 0.0% |
| Amounts payable within one year | 42/48 | €682,791 | €338,400 | -€344,391 | -50.4% |
| Current portion of amounts payable after more than one year | 42 | €41,822 | €22,712 | -€19,110 | -45.7% |
| Trade debts | 44 | €366,937 | €149,395 | -€217,542 | -59.3% |
| Suppliers | 440/4 | €366,937 | €149,395 | -€217,542 | -59.3% |
| Advances received on contracts in progress | 46 | €10,300 | €23,871 | +€13,571 | +132% |
| Taxes, remuneration and social security | 45 | €263,732 | €142,422 | -€121,310 | -46.0% |
| Taxes | 450/3 | €122,343 | €29,413 | -€92,930 | -76.0% |
| Remuneration and social security | 454/9 | €141,389 | €113,009 | -€28,380 | -20.1% |
| Accrued charges and deferred income | 492/3 | €24,794 | - | -€24,794 | |
| Turnover | 70 | €3,124,326 | - | -€3.1m | |
| Non-recurring operating income | 76A | - | €9 | +€9 | |
| Remuneration, social security and pensions | 62 | €913,837 | €899,282 | -€14,556 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €266,337 | €289,693 | +€23,356 | +8.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€130,500 | -€3,051,909 | -€2.9m | -2,239% |
| Other operating charges | 640/8 | €271,779 | €112,677 | -€159,102 | -58.5% |
| Gross operating margin | 9900 | €1,656,001 | €1,548,001 | -€108,000 | -6.5% |
| Operating profit (loss) | 9901 | €334,548 | €3,298,259 | +€3.0m | +886% |
| Financial income | 75/76B | €26,074 | €21,902 | -€4,172 | -16.0% |
| Recurring financial income | 75 | €26,074 | €21,902 | -€4,172 | -16.0% |
| Financial charges | 65/66B | €19,468 | €19,171 | -€297 | -1.5% |
| Recurring financial charges | 65 | €19,468 | €19,171 | -€297 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €341,154 | €3,300,990 | +€3.0m | +868% |
| Income taxes | 67/77 | €148,221 | €81,650 | -€66,572 | -44.9% |
| Profit (loss) for the period | 9904 | €192,933 | €3,219,340 | +€3.0m | +1,569% |
| Profit (loss) for the period to be appropriated | 9905 | €192,933 | €3,219,340 | +€3.0m | +1,569% |
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 19 October 2026 via checked.be.