CREDER-IMMO: 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.
CREDER-IMMO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€2,703
down €2,703 (-56.7%), from €4,768 to €2,065
- Taxes +€2,827
up €2,827 (+191.8%), from €1,473 to €4,300
- Gross operating margin -€1,451
down €1,451 (-20.5%), from €7,068 to €5,617
- Financial charges +€182
up €182 (+60.6%), from €301 to €483
- Other operating charges -€131
down €131 (-6.4%), from €2,054 to €1,924
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 | €258,571 | €258,290 | -€281 | -0.1% |
| Fixed assets | 21/28 | €242,721 | €242,721 | = | 0.0% |
| Tangible fixed assets | 22/27 | €242,721 | €242,721 | = | 0.0% |
| Land and buildings | 22 | €242,721 | €242,721 | = | 0.0% |
| Current assets | 29/58 | €15,850 | €15,569 | -€281 | -1.8% |
| Amounts receivable within one year | 40/41 | €14,941 | €13,822 | -€1,119 | -7.5% |
| Other amounts receivable | 41 | €14,941 | €13,822 | -€1,119 | -7.5% |
| Cash at bank and in hand | 54/58 | €59 | €89 | +€29 | +49.3% |
| Deferred charges and accrued income | 490/1 | €850 | €1,658 | +€809 | +95.2% |
| Total equity and liabilities | 10/49 | €258,571 | €258,290 | -€281 | -0.1% |
| Equity | 10/15 | €252,330 | €252,050 | -€280 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €233,738 | €233,458 | -€280 | -0.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €231,879 | €231,599 | -€280 | -0.1% |
| Amounts payable | 17/49 | €6,241 | €6,241 | -€0 | 0.0% |
| Amounts payable after more than one year | 17 | €4,768 | €2,065 | -€2,703 | -56.7% |
| Financial debts | 170/4 | €4,768 | €2,065 | -€2,703 | -56.7% |
| Amounts payable within one year | 42/48 | €1,473 | €4,176 | +€2,702 | +183.4% |
| Trade debts | 44 | - | €1,565 | +€1,565 | |
| Suppliers | 440/4 | - | €1,565 | +€1,565 | |
| Taxes, remuneration and social security | 45 | €1,473 | €2,610 | +€1,137 | +77.2% |
| Taxes | 450/3 | €1,473 | €2,610 | +€1,137 | +77.2% |
| Other operating charges | 640/8 | €2,054 | €1,924 | -€131 | -6.4% |
| Gross operating margin | 9900 | €7,068 | €5,617 | -€1,451 | -20.5% |
| Operating profit (loss) | 9901 | €5,014 | €3,694 | -€1,320 | -26.3% |
| Financial income | 75/76B | €850 | €809 | -€41 | -4.8% |
| Recurring financial income | 75 | €850 | €809 | -€41 | -4.8% |
| Financial charges | 65/66B | €301 | €483 | +€182 | +60.6% |
| Recurring financial charges | 65 | €301 | €483 | +€182 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €5,563 | €4,020 | -€1,543 | -27.7% |
| Income taxes | 67/77 | €1,473 | €4,300 | +€2,827 | +191.8% |
| Profit (loss) for the period | 9904 | €4,089 | -€280 | -€4,370 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,089 | -€280 | -€4,370 |
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 3 October 2026 via checked.be.