Pierrot CROMMEN: what changed
What changed
Pierrot CROMMEN
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€10,827
2023 · €72,770-€61,943
Equity
€4.4m
2023 · €4.4m+€10,827
Cash
€429,457
2023 · €1.3m-€863,453
Balance sheet total
€4.8m
2023 · €4.7m+€120,987
Largest movements
Assets
- Current investments +€1.0m
up €1.0m (+40.4%), from €2.5m to €3.5m
- Cash -€863,453
down €863,453 (-66.8%), from €1.3m to €429,457
mainly Current investments (-€1.0m) and Investment in fixed assets (net) (-€59,510)
- Stocks and contracts -€55,642
down €55,642 (-40.3%), from €138,088 to €82,446
Equity and liabilities
- Accrued charges and deferred income +€159,845
up €159,845 (+136%), from €117,787 to €277,632
Income statement
- Gross operating margin -€182,783
down €182,783 (-44.2%), from €413,360 to €230,577
- Financial income +€50,958
up €50,958 (+214%), from €23,792 to €74,750
- Staff costs -€34,227
down €34,227 (-13.4%), from €254,521 to €220,293
- Taxes -€32,559
down €32,559 (-88.9%), from €36,633 to €4,074
- Depreciation -€12,806
down €12,806 (-21.7%), from €58,961 to €46,156
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€72,770
Gross operating margin
-€182,783
Staff costs
+€34,227
Depreciation
+€12,806
Other operating charges
+€864
Other operating items
-€1,650
Financial income
+€50,958
Financial charges
-€8,911
Taxes
+€32,559
Deferred taxes and other
-€13
Result 2024
€10,827
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€207,118
Investment
-€1.1m
Financing
€0
Cash 2023
€1.3m
From operations (derived)
+€207,118
Net result for the year
+€10,827
Depreciation
+€46,156
Stocks and contracts
+€55,642
Receivables within one year
-€8,213
Deferred charges and accrued income
-€7,453
Smaller working-capital items
-€1,223
Trade debts
-€13,957
Tax, wage and social debts
-€11,555
Advances received
-€22,949
Accrued charges and deferred income
+€159,845
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€59,510
Current investments
-€1.0m
Cash 2024
€429,457
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,677,556 | €4,798,543 | +€120,987 | +2.6% |
| Fixed assets | 21/28 | €337,168 | €350,523 | +€13,354 | +4.0% |
| Tangible fixed assets | 22/27 | €337,168 | €350,523 | +€13,354 | +4.0% |
| Land and buildings | 22 | €320,027 | €283,566 | -€36,462 | -11.4% |
| Plant, machinery and equipment | 23 | €2,345 | €3,616 | +€1,271 | +54.2% |
| Furniture and vehicles | 24 | €14,796 | €63,341 | +€48,545 | +328% |
| Current assets | 29/58 | €4,340,388 | €4,448,020 | +€107,633 | +2.5% |
| Stocks and contracts in progress | 3 | €138,088 | €82,446 | -€55,642 | -40.3% |
| Stocks | 30/36 | €138,088 | €82,446 | -€55,642 | -40.3% |
| Amounts receivable within one year | 40/41 | €397,535 | €405,749 | +€8,213 | +2.1% |
| Trade receivables | 40 | €370,314 | €285,701 | -€84,613 | -22.8% |
| Other amounts receivable | 41 | €27,221 | €120,048 | +€92,826 | +341% |
| Current investments | 50/53 | €2,504,888 | €3,515,948 | +€1.0m | +40.4% |
| Cash at bank and in hand | 54/58 | €1,292,910 | €429,457 | -€863,453 | -66.8% |
| Deferred charges and accrued income | 490/1 | €6,966 | €14,420 | +€7,453 | +107% |
| Total equity and liabilities | 10/49 | €4,677,556 | €4,798,543 | +€120,987 | +2.6% |
| Equity | 10/15 | €4,424,522 | €4,435,349 | +€10,827 | +0.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €4,405,522 | €4,416,349 | +€10,827 | +0.2% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,000 | €76,636 | -€2,364 | -3.0% |
| Distributable reserves | 133 | €4,324,622 | €4,337,813 | +€13,191 | +0.3% |
| Provisions and deferred taxes | 16 | €8,235 | €7,379 | -€856 | -10.4% |
| Deferred taxes | 168 | €8,235 | €7,379 | -€856 | -10.4% |
| Amounts payable | 17/49 | €244,798 | €355,815 | +€111,016 | +45.4% |
| Amounts payable within one year | 42/48 | €127,012 | €78,182 | -€48,829 | -38.4% |
| Trade debts | 44 | €62,493 | €48,535 | -€13,957 | -22.3% |
| Suppliers | 440/4 | €62,493 | €48,535 | -€13,957 | -22.3% |
| Advances received on contracts in progress | 46 | €22,949 | - | -€22,949 | |
| Taxes, remuneration and social security | 45 | €31,260 | €19,705 | -€11,555 | -37.0% |
| Taxes | 450/3 | €1,717 | - | -€1,717 | |
| Remuneration and social security | 454/9 | €29,543 | €19,705 | -€9,838 | -33.3% |
| Other amounts payable | 47/48 | €10,309 | €9,942 | -€367 | -3.6% |
| Accrued charges and deferred income | 492/3 | €117,787 | €277,632 | +€159,845 | +136% |
| Non-recurring operating income | 76A | - | €2,577 | +€2,577 | |
| Remuneration, social security and pensions | 62 | €254,521 | €220,293 | -€34,227 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,961 | €46,156 | -€12,806 | -21.7% |
| Other operating charges | 640/8 | €21,863 | €20,999 | -€864 | -4.0% |
| Non-recurring operating charges | 66A | - | €1,650 | +€1,650 | |
| Gross operating margin | 9900 | €413,360 | €230,577 | -€182,783 | -44.2% |
| Operating profit (loss) | 9901 | €78,015 | -€58,521 | -€136,536 | |
| Financial income | 75/76B | €23,792 | €74,750 | +€50,958 | +214% |
| Recurring financial income | 75 | €23,792 | €74,750 | +€50,958 | +214% |
| Financial charges | 65/66B | -€6,728 | €2,184 | +€8,911 | |
| Recurring financial charges | 65 | -€6,728 | €2,184 | +€8,911 | |
| Profit (loss) for the period before taxes | 9903 | €108,534 | €14,045 | -€94,489 | -87.1% |
| Transfer from deferred taxes | 780 | €869 | €856 | -€13 | -1.5% |
| Income taxes | 67/77 | €36,633 | €4,074 | -€32,559 | -88.9% |
| Profit (loss) for the period | 9904 | €72,770 | €10,827 | -€61,943 | -85.1% |
| Transfer from tax-exempt reserves | 789 | €2,401 | €2,364 | -€37 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,171 | €13,191 | -€61,980 | -82.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.