crebist: 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.
crebist
Largest movements
- Receivables within one year +€168,399
up €168,399 (+469.6%), from €35,862 to €204,260
of which Other amounts receivable: +€182,631
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Tangible fixed assets +€110,105
up €110,105 (+6084.5%), from €1,810 to €111,914
of which Land and buildings: +€110,906
- Cash +€8,766
up €8,766 (+9.8%), from €89,164 to €97,930
mainly Current investments (+€150,000) and Debts after one year (+€106,642)
- Debts after one year +€106,642
new in 2025: €106,642
- Reserves +€49,198
up €49,198 (+18.0%), from €272,848 to €322,046
- Other debts -€13,976
down €13,976 (-100.0%), from €13,976 to €0
- Tax, wage and social debts -€6,637
down €6,637 (-42.3%), from €15,688 to €9,050
of which Taxes: -€6,637
- Gross operating margin -€28,224
down €28,224 (-24.7%), from €114,420 to €86,197
- Other operating charges +€14,793
up €14,793 (+2563.2%), from €577 to €15,370
- Taxes -€7,944
down €7,944 (-24.6%), from €32,303 to €24,359
- Financial income +€6,368
up €6,368 (+391.7%), from €1,626 to €7,993
- Depreciation +€1,740
up €1,740 (+128.0%), from €1,359 to €3,098
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 | €310,801 | €450,094 | +€139,293 | +44.8% |
| Fixed assets | 21/28 | €2,055 | €112,358 | +€110,303 | +5367.7% |
| Intangible fixed assets | 21 | €245 | €443 | +€198 | +80.7% |
| Tangible fixed assets | 22/27 | €1,810 | €111,914 | +€110,105 | +6084.5% |
| Land and buildings | 22 | - | €110,906 | +€110,906 | |
| Furniture and vehicles | 24 | €1,810 | €1,008 | -€802 | -44.3% |
| Current assets | 29/58 | €308,746 | €337,736 | +€28,991 | +9.4% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,165 | €2,678 | +€513 | +23.7% |
| Stocks | 30/36 | €2,165 | €2,678 | +€513 | +23.7% |
| Amounts receivable within one year | 40/41 | €35,862 | €204,260 | +€168,399 | +469.6% |
| Trade receivables | 40 | €35,862 | €21,629 | -€14,232 | -39.7% |
| Other amounts receivable | 41 | - | €182,631 | +€182,631 | |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €89,164 | €97,930 | +€8,766 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,555 | €2,868 | +€1,313 | +84.5% |
| Total equity and liabilities | 10/49 | €310,801 | €450,094 | +€139,293 | +44.8% |
| Equity | 10/15 | €277,848 | €327,046 | +€49,198 | +17.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €272,848 | €322,046 | +€49,198 | +18.0% |
| Distributable reserves | 133 | €272,848 | €322,046 | +€49,198 | +18.0% |
| Amounts payable | 17/49 | €32,953 | €123,048 | +€90,095 | +273.4% |
| Amounts payable after more than one year | 17 | - | €106,642 | +€106,642 | |
| Financial debts | 170/4 | - | €106,642 | +€106,642 | |
| Amounts payable within one year | 42/48 | €31,825 | €16,248 | -€15,577 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,041 | +€4,041 | |
| Trade debts | 44 | €2,161 | €3,157 | +€996 | +46.1% |
| Suppliers | 440/4 | €2,161 | €3,157 | +€996 | +46.1% |
| Taxes, remuneration and social security | 45 | €15,688 | €9,050 | -€6,637 | -42.3% |
| Taxes | 450/3 | €14,188 | €7,550 | -€6,637 | -46.8% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €13,976 | €0 | -€13,976 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,128 | €158 | -€970 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,359 | €3,098 | +€1,740 | +128.0% |
| Other operating charges | 640/8 | €577 | €15,370 | +€14,793 | +2563.2% |
| Gross operating margin | 9900 | €114,420 | €86,197 | -€28,224 | -24.7% |
| Operating profit (loss) | 9901 | €112,484 | €67,728 | -€44,756 | -39.8% |
| Financial income | 75/76B | €1,626 | €7,993 | +€6,368 | +391.7% |
| Recurring financial income | 75 | €1,626 | €7,993 | +€6,368 | +391.7% |
| Financial charges | 65/66B | €1,169 | €2,164 | +€995 | +85.2% |
| Recurring financial charges | 65 | €1,169 | €2,164 | +€995 | +85.2% |
| Profit (loss) for the period before taxes | 9903 | €112,941 | €73,557 | -€39,384 | -34.9% |
| Income taxes | 67/77 | €32,303 | €24,359 | -€7,944 | -24.6% |
| Profit (loss) for the period | 9904 | €80,638 | €49,198 | -€31,440 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,638 | €49,198 | -€31,440 | -39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.