On the other han, euro crash tests are absolute (as far as I know). You can see the decrease in safety in smaller car models, down to which part of the body is getting crashed in which type of collision in a smaller car, but is intact in a larger car.
Euro crash tests include large weighted components of safety to others outside the car.
So it's totally possible for a car more safe then another for its passengers, in all conditions, to be nonetheless ranked lower because of lower pedestrian safety or something.