NUYTTEN - CROES: what changed
NUYTTEN - CROES
Largest movements
- Financial fixed assets +€411,294
up €411,294 (+378%), from €108,952 to €520,246
- Current investments -€165,669
down €165,669 (-45.4%), from €365,269 to €199,601
- Tangible fixed assets -€46,006
down €46,006 (-13.1%), from €351,603 to €305,597
of which Furniture and vehicles: -€37,324
- Receivables within one year -€29,712
down €29,712 (-10.4%), from €286,467 to €256,754
of which Trade receivables: -€37,021
- Cash +€26,394
up €26,394 (+14.9%), from €177,440 to €203,833
mainly Net result for the year (+€222,730) and Current investments (+€165,669)
- Reserves +€167,750
up €167,750 (+15.0%), from €1.1m to €1.3m
of which Distributable reserves: +€167,750
- Tax, wage and social debts +€29,975
up €29,975 (+124%), from €24,174 to €54,149
of which Taxes: +€33,296
- Gross operating margin +€144,608
up €144,608 (+42.0%), from €344,109 to €488,717
- Taxes +€53,378
up €53,378 (+96.6%), from €55,258 to €108,636
- Staff costs -€16,844
down €16,844 (-13.2%), from €127,253 to €110,409
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,293,641 | €1,490,953 | +€197,313 | +15.3% |
| Fixed assets | 21/28 | €460,555 | €825,843 | +€365,288 | +79.3% |
| Tangible fixed assets | 22/27 | €351,603 | €305,597 | -€46,006 | -13.1% |
| Land and buildings | 22 | €238,646 | €218,125 | -€20,521 | -8.6% |
| Plant, machinery and equipment | 23 | €16,773 | €28,612 | +€11,839 | +70.6% |
| Furniture and vehicles | 24 | €96,183 | €58,859 | -€37,324 | -38.8% |
| Financial fixed assets | 28 | €108,952 | €520,246 | +€411,294 | +378% |
| Current assets | 29/58 | €833,086 | €665,111 | -€167,975 | -20.2% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €286,467 | €256,754 | -€29,712 | -10.4% |
| Trade receivables | 40 | €285,344 | €248,323 | -€37,021 | -13.0% |
| Other amounts receivable | 41 | €1,123 | €8,432 | +€7,308 | +651% |
| Current investments | 50/53 | €365,269 | €199,601 | -€165,669 | -45.4% |
| Cash at bank and in hand | 54/58 | €177,440 | €203,833 | +€26,394 | +14.9% |
| Deferred charges and accrued income | 490/1 | €3,410 | €4,422 | +€1,012 | +29.7% |
| Total equity and liabilities | 10/49 | €1,293,641 | €1,490,953 | +€197,313 | +15.3% |
| Equity | 10/15 | €1,263,086 | €1,431,565 | +€168,480 | +13.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €1,119,650 | €1,287,400 | +€167,750 | +15.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €1,107,250 | €1,275,000 | +€167,750 | +15.2% |
| Profit (loss) carried forward | 14 | €19,436 | €20,165 | +€730 | +3.8% |
| Amounts payable | 17/49 | €30,555 | €59,388 | +€28,833 | +94.4% |
| Amounts payable within one year | 42/48 | €27,509 | €56,999 | +€29,491 | +107% |
| Trade debts | 44 | €2,961 | €2,850 | -€111 | -3.7% |
| Suppliers | 440/4 | €2,961 | €2,850 | -€111 | -3.7% |
| Taxes, remuneration and social security | 45 | €24,174 | €54,149 | +€29,975 | +124% |
| Taxes | 450/3 | €6,019 | €39,315 | +€33,296 | +553% |
| Remuneration and social security | 454/9 | €18,155 | €14,834 | -€3,321 | -18.3% |
| Other amounts payable | 47/48 | €374 | €0 | -€374 | -100% |
| Accrued charges and deferred income | 492/3 | €3,046 | €2,389 | -€658 | -21.6% |
| Remuneration, social security and pensions | 62 | €127,253 | €110,409 | -€16,844 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,184 | €63,267 | -€3,917 | -5.8% |
| Other operating charges | 640/8 | €3,309 | €3,384 | +€75 | +2.3% |
| Gross operating margin | 9900 | €344,109 | €488,717 | +€144,608 | +42.0% |
| Operating profit (loss) | 9901 | €146,363 | €311,657 | +€165,294 | +113% |
| Financial income | 75/76B | €23,251 | €20,543 | -€2,708 | -11.6% |
| Recurring financial income | 75 | €23,251 | €20,543 | -€2,708 | -11.6% |
| Financial charges | 65/66B | €1,139 | €835 | -€304 | -26.7% |
| Recurring financial charges | 65 | €1,139 | €835 | -€304 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €168,476 | €331,366 | +€162,890 | +96.7% |
| Income taxes | 67/77 | €55,258 | €108,636 | +€53,378 | +96.6% |
| Profit (loss) for the period | 9904 | €113,217 | €222,730 | +€109,512 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €113,217 | €222,730 | +€109,512 | +96.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.