Van Craeynest Construct: 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.
Van Craeynest Construct
Largest movements
- Receivables within one year -€66,129
down €66,129 (-27.4%), from €241,287 to €175,158
of which Other amounts receivable: -€51,172
- Stocks and contracts +€7,300
up €7,300 (+57.5%), from €12,700 to €20,000
- Trade debts -€135,901
down €135,901 (-71.1%), from €191,022 to €55,122
- Reserves +€73,318
up €73,318 (+323%), from €22,727 to €96,045
- Short-term financial debts +€70,991
new in 2025: €70,991
- Profit (loss) carried forward -€54,190
down €54,190 (-100%), from €54,190 to €0
- Tax, wage and social debts -€12,563
down €12,563 (-68.3%), from €18,385 to €5,822
of which Taxes: -€7,742
- Gross operating margin +€18,986
up €18,986 (+42.9%), from €44,282 to €63,268
- Financial charges +€14,246
up €14,246 (+365%), from €3,906 to €18,152
- Financial income -€3,414
down €3,414 (-61.4%), from €5,561 to €2,147
- Staff costs +€2,873
up €2,873 (+22.9%), from €12,564 to €15,437
- Depreciation +€2,484
up €2,484 (+124%), from €2,011 to €4,495
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 | €310,426 | €247,485 | -€62,941 | -20.3% |
| Fixed assets | 21/28 | €26,518 | €23,678 | -€2,840 | -10.7% |
| Intangible fixed assets | 21 | €12,877 | €11,552 | -€1,325 | -10.3% |
| Tangible fixed assets | 22/27 | €11,335 | €9,820 | -€1,515 | -13.4% |
| Plant, machinery and equipment | 23 | €2,167 | €2,966 | +€800 | +36.9% |
| Furniture and vehicles | 24 | €8,978 | €6,708 | -€2,269 | -25.3% |
| Other tangible fixed assets | 26 | €190 | €145 | -€45 | -23.9% |
| Financial fixed assets | 28 | €2,307 | €2,307 | = | 0.0% |
| Current assets | 29/58 | €283,907 | €223,807 | -€60,101 | -21.2% |
| Stocks and contracts in progress | 3 | €12,700 | €20,000 | +€7,300 | +57.5% |
| Stocks | 30/36 | €12,700 | €20,000 | +€7,300 | +57.5% |
| Amounts receivable within one year | 40/41 | €241,287 | €175,158 | -€66,129 | -27.4% |
| Trade receivables | 40 | €151,072 | €136,116 | -€14,957 | -9.9% |
| Other amounts receivable | 41 | €90,214 | €39,042 | -€51,172 | -56.7% |
| Cash at bank and in hand | 54/58 | €28,338 | €26,009 | -€2,329 | -8.2% |
| Deferred charges and accrued income | 490/1 | €1,583 | €2,639 | +€1,056 | +66.7% |
| Total equity and liabilities | 10/49 | €310,426 | €247,485 | -€62,941 | -20.3% |
| Equity | 10/15 | €95,467 | €114,595 | +€19,128 | +20.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €22,727 | €96,045 | +€73,318 | +323% |
| Distributable reserves | 133 | €22,727 | €96,045 | +€73,318 | +323% |
| Profit (loss) carried forward | 14 | €54,190 | €0 | -€54,190 | -100% |
| Amounts payable | 17/49 | €214,959 | €132,890 | -€82,069 | -38.2% |
| Amounts payable within one year | 42/48 | €213,059 | €131,935 | -€81,124 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €3,652 | €0 | -€3,652 | -100% |
| Financial debts | 43 | - | €70,991 | +€70,991 | |
| Credit institutions | 430/8 | - | €70,991 | +€70,991 | |
| Trade debts | 44 | €191,022 | €55,122 | -€135,901 | -71.1% |
| Suppliers | 440/4 | €191,022 | €55,122 | -€135,901 | -71.1% |
| Taxes, remuneration and social security | 45 | €18,385 | €5,822 | -€12,563 | -68.3% |
| Taxes | 450/3 | €13,564 | €5,822 | -€7,742 | -57.1% |
| Remuneration and social security | 454/9 | €4,821 | €0 | -€4,821 | -100% |
| Accrued charges and deferred income | 492/3 | €1,900 | €955 | -€945 | -49.7% |
| Remuneration, social security and pensions | 62 | €12,564 | €15,437 | +€2,873 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €4,495 | +€2,484 | +124% |
| Other operating charges | 640/8 | €1,724 | €375 | -€1,349 | -78.3% |
| Gross operating margin | 9900 | €44,282 | €63,268 | +€18,986 | +42.9% |
| Operating profit (loss) | 9901 | €27,983 | €42,962 | +€14,979 | +53.5% |
| Financial income | 75/76B | €5,561 | €2,147 | -€3,414 | -61.4% |
| Recurring financial income | 75 | €5,561 | €2,147 | -€3,414 | -61.4% |
| Financial charges | 65/66B | €3,906 | €18,152 | +€14,246 | +365% |
| Recurring financial charges | 65 | €3,906 | €18,152 | +€14,246 | +365% |
| Profit (loss) for the period before taxes | 9903 | €29,638 | €26,956 | -€2,682 | -9.0% |
| Income taxes | 67/77 | €8,620 | €7,828 | -€792 | -9.2% |
| Profit (loss) for the period | 9904 | €21,018 | €19,128 | -€1,890 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,018 | €19,128 | -€1,890 | -9.0% |
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.