CREDIEM: 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.
CREDIEM
Largest movements
- Cash +€194,202
up €194,202 (+1,878%), from €10,341 to €204,543
mainly Net result for the year (+€286,080) and Other debts (+€190,000)
- Deferred charges and accrued income +€20,634
up €20,634 (+143%), from €14,412 to €35,046
- Tangible fixed assets -€16,595
down €16,595 (-23.3%), from €71,274 to €54,679
of which Other tangible fixed assets: -€12,811
- Other debts +€190,000
up €190,000 (+211%), from €90,000 to €280,000
- Profit (loss) carried forward +€6,080
up €6,080 (+151%), from €4,027 to €10,107
- Gross operating margin +€225,692
up €225,692 (+274%), from €82,474 to €308,165
- Depreciation +€10,299
up €10,299 (+129%), from €7,977 to €18,275
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 | €96,027 | €294,268 | +€198,241 | +206% |
| Fixed assets | 21/28 | €71,274 | €54,679 | -€16,595 | -23.3% |
| Tangible fixed assets | 22/27 | €71,274 | €54,679 | -€16,595 | -23.3% |
| Furniture and vehicles | 24 | €13,015 | €9,231 | -€3,784 | -29.1% |
| Other tangible fixed assets | 26 | €58,259 | €45,448 | -€12,811 | -22.0% |
| Current assets | 29/58 | €24,753 | €239,589 | +€214,835 | +868% |
| Cash at bank and in hand | 54/58 | €10,341 | €204,543 | +€194,202 | +1,878% |
| Deferred charges and accrued income | 490/1 | €14,412 | €35,046 | +€20,634 | +143% |
| Total equity and liabilities | 10/49 | €96,027 | €294,268 | +€198,241 | +206% |
| Equity | 10/15 | €6,027 | €12,107 | +€6,080 | +101% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,027 | €10,107 | +€6,080 | +151% |
| Amounts payable | 17/49 | €90,000 | €282,161 | +€192,161 | +214% |
| Amounts payable within one year | 42/48 | €90,000 | €282,161 | +€192,161 | +214% |
| Taxes, remuneration and social security | 45 | - | €2,161 | +€2,161 | |
| Taxes | 450/3 | - | €2,161 | +€2,161 | |
| Other amounts payable | 47/48 | €90,000 | €280,000 | +€190,000 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,977 | €18,275 | +€10,299 | +129% |
| Other operating charges | 640/8 | €392 | €1,543 | +€1,151 | +293% |
| Gross operating margin | 9900 | €82,474 | €308,165 | +€225,692 | +274% |
| Operating profit (loss) | 9901 | €74,105 | €288,347 | +€214,242 | +289% |
| Financial charges | 65/66B | €78 | €107 | +€29 | +36.5% |
| Recurring financial charges | 65 | €78 | €107 | +€29 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €74,027 | €288,241 | +€214,214 | +289% |
| Income taxes | 67/77 | - | €2,161 | +€2,161 | |
| Profit (loss) for the period | 9904 | €74,027 | €286,080 | +€212,053 | +286% |
| Profit (loss) for the period to be appropriated | 9905 | €74,027 | €286,080 | +€212,053 | +286% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.