CHREDIVAN: what changed
Two fiscal 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.
CHREDIVAN
Largest movements
- Cash -€64,260
down €64,260 (-45.9%), from €140,081 to €75,820
mainly Debts after one year (-€68,606) and Receivables within one year (-€9,159)
- Tangible fixed assets -€11,591
down €11,591 (-2.3%), from €501,965 to €490,374
- Receivables within one year +€9,159
up €9,159 (+43.2%), from €21,201 to €30,359
of which Other amounts receivable: +€8,358
- Debts after one year -€68,606
down €68,606 (-96.5%), from €71,079 to €2,473
- Reserves +€9,574
up €9,574 (+16.5%), from €57,890 to €67,464
of which Distributable reserves: +€9,574
- Gross operating margin +€6,011
up €6,011 (+22.6%), from €26,635 to €32,646
- Financial charges -€4,457
down €4,457 (-83.5%), from €5,340 to €883
- Taxes +€2,892
up €2,892 (+966.6%), from €299 to €3,191
- Financial income +€1,416
up €1,416 (+14158600.0%), from €0 to €1,416
of which Non-recurring financial income: +€1,387
- Depreciation +€412
up €412 (+2.7%), from €15,320 to €15,731
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.
Cash bridge derived
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 | €664,399 | €597,349 | -€67,050 | -10.1% |
| Fixed assets | 21/28 | €501,965 | €490,374 | -€11,591 | -2.3% |
| Tangible fixed assets | 22/27 | €501,965 | €490,374 | -€11,591 | -2.3% |
| Land and buildings | 22 | €501,965 | €490,374 | -€11,591 | -2.3% |
| Current assets | 29/58 | €162,434 | €106,976 | -€55,458 | -34.1% |
| Amounts receivable within one year | 40/41 | €21,201 | €30,359 | +€9,159 | +43.2% |
| Trade receivables | 40 | €0 | €801 | +€801 | |
| Other amounts receivable | 41 | €21,201 | €29,559 | +€8,358 | +39.4% |
| Cash at bank and in hand | 54/58 | €140,081 | €75,820 | -€64,260 | -45.9% |
| Deferred charges and accrued income | 490/1 | €1,152 | €796 | -€357 | -30.9% |
| Total equity and liabilities | 10/49 | €664,399 | €597,349 | -€67,050 | -10.1% |
| Equity | 10/15 | €227,890 | €237,464 | +€9,574 | +4.2% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €57,890 | €67,464 | +€9,574 | +16.5% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €40,890 | €50,464 | +€9,574 | +23.4% |
| Amounts payable | 17/49 | €436,510 | €359,886 | -€76,624 | -17.6% |
| Amounts payable after more than one year | 17 | €71,079 | €2,473 | -€68,606 | -96.5% |
| Financial debts | 170/4 | €71,079 | €2,473 | -€68,606 | -96.5% |
| Amounts payable within one year | 42/48 | €361,384 | €357,413 | -€3,972 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €9,227 | €9,631 | +€405 | +4.4% |
| Trade debts | 44 | €12,815 | €7,959 | -€4,855 | -37.9% |
| Suppliers | 440/4 | €12,815 | €7,959 | -€4,855 | -37.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €339,343 | €339,822 | +€479 | +0.1% |
| Accrued charges and deferred income | 492/3 | €4,046 | €0 | -€4,046 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,320 | €15,731 | +€412 | +2.7% |
| Other operating charges | 640/8 | €4,779 | €4,682 | -€96 | -2.0% |
| Gross operating margin | 9900 | €26,635 | €32,646 | +€6,011 | +22.6% |
| Operating profit (loss) | 9901 | €6,537 | €12,233 | +€5,696 | +87.1% |
| Financial income | 75/76B | €0 | €1,416 | +€1,416 | +14158600.0% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +291900.0% |
| Non-recurring financial income | 76B | - | €1,387 | +€1,387 | |
| Financial charges | 65/66B | €5,340 | €883 | -€4,457 | -83.5% |
| Recurring financial charges | 65 | €5,340 | €883 | -€4,457 | -83.5% |
| Profit (loss) for the period before taxes | 9903 | €1,197 | €12,766 | +€11,569 | +966.6% |
| Income taxes | 67/77 | €299 | €3,191 | +€2,892 | +966.6% |
| Profit (loss) for the period | 9904 | €898 | €9,574 | +€8,677 | +966.6% |
| Profit (loss) for the period to be appropriated | 9905 | €898 | €9,574 | +€8,677 | +966.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.