Creda Innovations: 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.
Creda Innovations
Largest movements
- Receivables within one year +€21,741
up €21,741 (+740%), from €2,938 to €24,680
- Tangible fixed assets +€12,619
up €12,619 (+218%), from €5,788 to €18,408
of which Plant, machinery and equipment: +€12,527
- Deferred charges and accrued income -€1,709
down €1,709 (-93.8%), from €1,823 to €114
- Cash +€1,365
up €1,365 (+29.2%), from €4,675 to €6,040
mainly Net result for the year (+€21,042) and Trade debts (+€9,761)
- Formation expenses -€766
down €766 (-59.6%), from €1,284 to €518
- Profit (loss) carried forward +€21,042
up €21,042 (+64.4%), from -€32,671 to -€11,629
- Trade debts +€9,761
up €9,761 (+1,484%), from €658 to €10,419
- Other debts +€2,864
up €2,864 (+17.1%), from €16,762 to €19,626
- Gross operating margin +€51,154
up €51,154, from -€24,166 to €26,987
- Depreciation +€3,751
up €3,751 (+253%), from €1,483 to €5,234
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
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 | €16,509 | €49,760 | +€33,251 | +201% |
| Formation expenses | 20 | €1,284 | €518 | -€766 | -59.6% |
| Fixed assets | 21/28 | €5,788 | €18,408 | +€12,619 | +218% |
| Tangible fixed assets | 22/27 | €5,788 | €18,408 | +€12,619 | +218% |
| Plant, machinery and equipment | 23 | €1,032 | €13,559 | +€12,527 | +1,214% |
| Furniture and vehicles | 24 | - | €1,180 | +€1,180 | |
| Leasing and similar rights | 25 | €4,756 | €3,668 | -€1,088 | -22.9% |
| Current assets | 29/58 | €9,437 | €30,834 | +€21,397 | +227% |
| Amounts receivable within one year | 40/41 | €2,938 | €24,680 | +€21,741 | +740% |
| Trade receivables | 40 | €2,938 | €24,680 | +€21,741 | +740% |
| Cash at bank and in hand | 54/58 | €4,675 | €6,040 | +€1,365 | +29.2% |
| Deferred charges and accrued income | 490/1 | €1,823 | €114 | -€1,709 | -93.8% |
| Total equity and liabilities | 10/49 | €16,509 | €49,760 | +€33,251 | +201% |
| Equity | 10/15 | -€2,671 | €18,371 | +€21,042 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,671 | -€11,629 | +€21,042 | +64.4% |
| Amounts payable | 17/49 | €19,179 | €31,388 | +€12,209 | +63.7% |
| Amounts payable within one year | 42/48 | €18,869 | €31,067 | +€12,198 | +64.6% |
| Trade debts | 44 | €658 | €10,419 | +€9,761 | +1,484% |
| Suppliers | 440/4 | €658 | €10,419 | +€9,761 | +1,484% |
| Taxes, remuneration and social security | 45 | €1,449 | €1,022 | -€427 | -29.5% |
| Taxes | 450/3 | €382 | €1,022 | +€640 | +168% |
| Remuneration and social security | 454/9 | €1,068 | - | -€1,068 | |
| Other amounts payable | 47/48 | €16,762 | €19,626 | +€2,864 | +17.1% |
| Accrued charges and deferred income | 492/3 | €310 | €321 | +€11 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,483 | €5,234 | +€3,751 | +253% |
| Other operating charges | 640/8 | €740 | €635 | -€105 | -14.1% |
| Gross operating margin | 9900 | -€24,166 | €26,987 | +€51,154 | |
| Operating profit (loss) | 9901 | -€26,389 | €21,118 | +€47,507 | |
| Financial charges | 65/66B | €261 | €76 | -€185 | -70.9% |
| Recurring financial charges | 65 | €261 | €76 | -€185 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,650 | €21,042 | +€47,693 | |
| Profit (loss) for the period | 9904 | -€26,650 | €21,042 | +€47,693 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,650 | €21,042 | +€47,693 |
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 14 October 2026 via checked.be.