Creadvice: 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.
Creadvice
Largest movements
- Tangible fixed assets -€9,140
down €9,140 (-65.2%), from €14,025 to €4,885
of which Furniture and vehicles: -€8,900
- Receivables within one year +€8,821
up €8,821 (+1,346%), from €656 to €9,476
of which Trade receivables: +€6,400
- Deferred charges and accrued income -€1,470
down €1,470 (-58.8%), from €2,500 to €1,030
- Profit (loss) carried forward +€15,276
up €15,276 (+35.7%), from -€42,781 to -€27,505
- Short-term financial debts -€14,744
down €14,744 (-99.2%), from €14,868 to €123
- Debts after one year -€2,989
no longer reported in 2025 (was €2,989)
- Tax, wage and social debts +€1,841
up €1,841 (+14.5%), from €12,700 to €14,542
- Current portion of long-term debt -€1,077
down €1,077 (-24.3%), from €4,438 to €3,361
- Gross operating margin +€51,809
up €51,809, from -€17,213 to €34,596
- Depreciation -€6,268
down €6,268 (-40.7%), from €15,408 to €9,140
- Other operating charges +€3,752
up €3,752 (+177%), from €2,115 to €5,868
- Taxes +€407
up €407 (+35.7%), from €1,140 to €1,548
- Financial charges +€349
up €349 (+14.4%), from €2,418 to €2,768
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,180 | €15,393 | -€1,788 | -10.4% |
| Fixed assets | 21/28 | €14,025 | €4,885 | -€9,140 | -65.2% |
| Tangible fixed assets | 22/27 | €14,025 | €4,885 | -€9,140 | -65.2% |
| Plant, machinery and equipment | 23 | €335 | €96 | -€239 | -71.4% |
| Furniture and vehicles | 24 | €13,690 | €4,790 | -€8,900 | -65.0% |
| Current assets | 29/58 | €3,155 | €10,508 | +€7,352 | +233% |
| Amounts receivable within one year | 40/41 | €656 | €9,476 | +€8,821 | +1,346% |
| Trade receivables | 40 | - | €6,400 | +€6,400 | |
| Other amounts receivable | 41 | €656 | €3,076 | +€2,421 | +369% |
| Current investments | 50/53 | - | €2 | +€2 | |
| Deferred charges and accrued income | 490/1 | €2,500 | €1,030 | -€1,470 | -58.8% |
| Total equity and liabilities | 10/49 | €17,180 | €15,393 | -€1,788 | -10.4% |
| Equity | 10/15 | -€22,148 | -€6,873 | +€15,276 | +69.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,232 | €8,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5 | €5 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5 | €5 | = | 0.0% |
| Distributable reserves | 133 | €8,227 | €8,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,781 | -€27,505 | +€15,276 | +35.7% |
| Amounts payable | 17/49 | €39,329 | €22,266 | -€17,063 | -43.4% |
| Amounts payable after more than one year | 17 | €2,989 | - | -€2,989 | |
| Financial debts | 170/4 | €2,989 | - | -€2,989 | |
| Amounts payable within one year | 42/48 | €36,340 | €22,266 | -€14,074 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €4,438 | €3,361 | -€1,077 | -24.3% |
| Financial debts | 43 | €14,868 | €123 | -€14,744 | -99.2% |
| Credit institutions | 430/8 | €14,868 | €123 | -€14,744 | -99.2% |
| Trade debts | 44 | €3,644 | €4,240 | +€596 | +16.3% |
| Suppliers | 440/4 | €3,644 | €4,240 | +€596 | +16.3% |
| Taxes, remuneration and social security | 45 | €12,700 | €14,542 | +€1,841 | +14.5% |
| Taxes | 450/3 | €12,700 | €14,542 | +€1,841 | +14.5% |
| Other amounts payable | 47/48 | €690 | - | -€690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,408 | €9,140 | -€6,268 | -40.7% |
| Other operating charges | 640/8 | €2,115 | €5,868 | +€3,752 | +177% |
| Gross operating margin | 9900 | -€17,213 | €34,596 | +€51,809 | |
| Operating profit (loss) | 9901 | -€34,736 | €19,589 | +€54,325 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +3,383% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +3,383% |
| Financial charges | 65/66B | €2,418 | €2,768 | +€349 | +14.4% |
| Recurring financial charges | 65 | €2,418 | €2,768 | +€349 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,154 | €16,823 | +€53,978 | |
| Income taxes | 67/77 | €1,140 | €1,548 | +€407 | +35.7% |
| Profit (loss) for the period | 9904 | -€38,295 | €15,276 | +€53,570 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,295 | €15,276 | +€53,570 |
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 29 October 2026 via checked.be.