CREFAM
InactiveFinancials · financial year 2024, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€122,556
2023 · -€18,658
Working capital
€7.4m▲ 6.0%
2023 · €7.0m
Trend over the years
2023 to 2024, 2 financial years
The operating result stays negative: a loss of €2,539 in 2024 against €86,385 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.003m
2024
Net result€0.1m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€62.6m
2024
Equity€25.7m
2024
Debt€36.8m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€7.4m
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result-€0.09m--€0.003m▲ 97.1%
Net result-€0.02m-€0.1m
Equity€25.6m-€25.7m▲ 0.5%
Total assets€60.8m-€62.6m▲ 2.9%
Debt€35.2m-€36.8m▲ 4.7%
Working capital€7.0m-€7.4m▲ 6.0%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €62.6m
Fixed assets
€55.1m ▲ 2.5%
Current assets
€7.5m ▲ 6.6%
Equity and liabilities €62.6m
Equity
€25.7m ▲ 0.5%
Debt
€36.8m ▲ 4.7%
Debt's share of the balance-sheet total rises from 57.9% to 58.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€2,021
Cash flow
€123,074
Current ratio
85.21
Debt to equity
1.43▲
2023 · 1.37
ROE
0.5%▲
2023 · -0.1%
ROA
0.2%▲
2023 · 0.0%
Interest coverage
0.00
Debt ≤ 1 year
€88,154▲
2023 · €47,277
Debt > 1 year
€33.3m▼
2023 · €33.8m
Income taxes
€39,425
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.001m | - |
| Other operating charges640/8 | €0.001m | €0.001m | ▼ 39.9% |
| Gross operating margin9900 | -€0.09m | -€0.002m | ▲ 98.2% |
| Operating profit (loss)9901 | -€0.09m | -€0.003m | ▲ 97.1% |
| Financial income75/76B | €2.0m | €1.8m | ▼ 8.8% |
| Recurring financial income75 | €2.0m | €1.8m | ▼ 8.8% |
| Financial charges65/66B | €1.9m | €1.6m | ▼ 14.3% |
| Recurring financial charges65 | €1.9m | €1.6m | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | -€0.02m | €0.2m | - |
| Income taxes67/77 | - | €0.04m | - |
| Profit (loss) for the period9904 | -€0.02m | €0.1m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.02m | €0.1m | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €60.8m | €62.6m | ▲ 2.9% |
| Fixed assets21/28 | €53.7m | €55.1m | ▲ 2.5% |
| Tangible fixed assets22/27 | - | €0.006m | - |
| Furniture and vehicles24 | - | €0.006m | - |
| Financial fixed assets28 | €53.7m | €55.1m | ▲ 2.4% |
| Current assets29/58 | €7.0m | €7.5m | ▲ 6.6% |
| Amounts receivable after more than one year29 | €6.2m | €6.2m | = |
| Other amounts receivable291 | €6.2m | €6.2m | = |
| Amounts receivable within one year40/41 | €0.05m | €0.007m | ▼ 85.9% |
| Other amounts receivable41 | €0.05m | €0.007m | ▼ 85.9% |
| Cash at bank and in hand54/58 | €0.04m | €0.07m | ▲ 91.9% |
| Deferred charges and accrued income490/1 | €0.7m | €1.2m | ▲ 66.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €60.8m | €62.6m | ▲ 2.9% |
| Equity10/15 | €25.6m | €25.7m | ▲ 0.5% |
| Contributions10/11 | €25.6m | €25.6m | = |
| Capital10 | €25.6m | €25.6m | = |
| Issued capital100 | €25.6m | €25.6m | = |
| Reserves13 | - | €0.006m | - |
| Non-distributable reserves130/1 | - | €0.006m | - |
| Legal reserve130 | - | €0.006m | - |
| Profit (loss) carried forward14 | -€0.02m | €0.1m | - |
| Amounts payable17/49 | €35.2m | €36.8m | ▲ 4.7% |
| Amounts payable after more than one year17 | €33.8m | €33.3m | ▼ 1.6% |
| Other amounts payable178/9 | €33.8m | €33.3m | ▼ 1.6% |
| Amounts payable within one year42/48 | €0.05m | €0.09m | ▲ 86.5% |
| Trade debts44 | €0.05m | €0.05m | ▲ 3.1% |
| Suppliers440/4 | €0.05m | €0.05m | ▲ 3.1% |
| Taxes, remuneration and social security45 | - | €0.04m | - |
| Taxes450/3 | - | €0.04m | - |
| Accrued charges and deferred income492/3 | €1.3m | €3.5m | ▲ 168% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€0.02m | €0.1m | - |
| + Depreciation and write-downs630 | - | €0.001m | - |
| Operating cash flow (approximation) | -€0.02m | €0.1m | - |
| Investment in fixed assets (approximation) | - | -€1.3m | - |
| Change in cash | - | €0.04m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 17-06-2025 | 2025-00143709 |
| 31-12-2023 | abbreviated format | 21-03-2024 | 2024-00048008 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.