KROSSROADS: 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.
KROSSROADS
Largest movements
- Cash -€119,181
down €119,181 (-64.7%), from €184,162 to €64,981
mainly Other debts (-€89,499) and Trade debts (-€55,303)
- Tangible fixed assets -€48,837
down €48,837 (-14.6%), from €333,745 to €284,908
- Receivables within one year +€16,512
up €16,512 (+3.1%), from €538,919 to €555,432
of which Trade receivables: +€48,053
- Other debts -€89,499
down €89,499 (-100%), from €89,499 to €0
- Reserves +€84,809
up €84,809 (+14.7%), from €576,932 to €661,741
of which Distributable reserves: +€84,809
- Trade debts -€55,303
down €55,303 (-73.6%), from €75,162 to €19,859
- Debts after one year -€51,147
down €51,147 (-34.8%), from €147,143 to €95,996
- Tax, wage and social debts -€43,329
down €43,329 (-38.8%), from €111,744 to €68,415
- Financial charges -€40,133
down €40,133 (-84.2%), from €47,654 to €7,521
of which Non-recurring financial charges: -€42,645
- Gross operating margin -€23,031
down €23,031 (-12.3%), from €187,592 to €164,561
- Depreciation +€11,091
up €11,091 (+28.2%), from €39,338 to €50,429
- Financial income +€10,926
up €10,926 (+77.1%), from €14,173 to €25,099
- Other operating charges +€5,767
up €5,767 (+753%), from €766 to €6,534
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 | €1,063,001 | €909,558 | -€153,443 | -14.4% |
| Fixed assets | 21/28 | €333,745 | €284,908 | -€48,837 | -14.6% |
| Tangible fixed assets | 22/27 | €333,745 | €284,908 | -€48,837 | -14.6% |
| Land and buildings | 22 | €205,816 | €189,478 | -€16,338 | -7.9% |
| Furniture and vehicles | 24 | €31,833 | €19,467 | -€12,367 | -38.8% |
| Leasing and similar rights | 25 | €96,096 | €75,963 | -€20,132 | -21.0% |
| Current assets | 29/58 | €729,256 | €624,650 | -€104,606 | -14.3% |
| Amounts receivable within one year | 40/41 | €538,919 | €555,432 | +€16,512 | +3.1% |
| Trade receivables | 40 | €0 | €48,053 | +€48,053 | |
| Other amounts receivable | 41 | €538,919 | €507,379 | -€31,541 | -5.9% |
| Cash at bank and in hand | 54/58 | €184,162 | €64,981 | -€119,181 | -64.7% |
| Deferred charges and accrued income | 490/1 | €6,175 | €4,238 | -€1,937 | -31.4% |
| Total equity and liabilities | 10/49 | €1,063,001 | €909,558 | -€153,443 | -14.4% |
| Equity | 10/15 | €589,332 | €674,141 | +€84,809 | +14.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €576,932 | €661,741 | +€84,809 | +14.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €575,072 | €659,881 | +€84,809 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €473,670 | €235,417 | -€238,253 | -50.3% |
| Amounts payable after more than one year | 17 | €147,143 | €95,996 | -€51,147 | -34.8% |
| Financial debts | 170/4 | €147,143 | €95,996 | -€51,147 | -34.8% |
| Amounts payable within one year | 42/48 | €326,527 | €139,421 | -€187,106 | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €50,122 | €51,147 | +€1,025 | +2.0% |
| Trade debts | 44 | €75,162 | €19,859 | -€55,303 | -73.6% |
| Suppliers | 440/4 | €75,162 | €19,859 | -€55,303 | -73.6% |
| Taxes, remuneration and social security | 45 | €111,744 | €68,415 | -€43,329 | -38.8% |
| Taxes | 450/3 | €111,744 | €68,415 | -€43,329 | -38.8% |
| Other amounts payable | 47/48 | €89,499 | €0 | -€89,499 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,338 | €50,429 | +€11,091 | +28.2% |
| Other operating charges | 640/8 | €766 | €6,534 | +€5,767 | +753% |
| Gross operating margin | 9900 | €187,592 | €164,561 | -€23,031 | -12.3% |
| Operating profit (loss) | 9901 | €147,488 | €107,598 | -€39,889 | -27.0% |
| Financial income | 75/76B | €14,173 | €25,099 | +€10,926 | +77.1% |
| Recurring financial income | 75 | €14,173 | €25,099 | +€10,926 | +77.1% |
| Financial charges | 65/66B | €47,654 | €7,521 | -€40,133 | -84.2% |
| Recurring financial charges | 65 | €5,009 | €7,521 | +€2,512 | +50.1% |
| Non-recurring financial charges | 66B | €42,645 | €0 | -€42,645 | -100% |
| Profit (loss) for the period before taxes | 9903 | €114,006 | €125,177 | +€11,170 | +9.8% |
| Income taxes | 67/77 | €41,302 | €40,367 | -€935 | -2.3% |
| Profit (loss) for the period | 9904 | €72,704 | €84,809 | +€12,106 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,704 | €84,809 | +€12,106 | +16.7% |
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 17 October 2026 via checked.be.