Credifin: 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.
Credifin
Largest movements
- Receivables within one year +€10,200
new in 2025: €10,200
- Cash +€3,536
up €3,536 (+282.2%), from €1,253 to €4,790
mainly Net result for the year (+€21,191) and Advances received (+€10,200)
- Profit (loss) carried forward +€21,191
up €21,191 (+90.3%), from €23,470 to €44,661
- Debts after one year -€18,000
down €18,000 (-8.2%), from €220,500 to €202,500
- Advances received +€10,200
new in 2025: €10,200
- Gross operating margin +€10,383
up €10,383 (+57.0%), from €18,216 to €28,599
- Taxes +€1,575
up €1,575 (+36.2%), from €4,354 to €5,928
- Other operating charges +€436
up €436 (+112.6%), from €387 to €823
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 | €271,253 | €284,990 | +€13,736 | +5.1% |
| Fixed assets | 21/28 | €270,000 | €270,000 | = | 0.0% |
| Financial fixed assets | 28 | €270,000 | €270,000 | = | 0.0% |
| Current assets | 29/58 | €1,253 | €14,990 | +€13,736 | +1096.2% |
| Amounts receivable within one year | 40/41 | - | €10,200 | +€10,200 | |
| Trade receivables | 40 | - | €10,200 | +€10,200 | |
| Cash at bank and in hand | 54/58 | €1,253 | €4,790 | +€3,536 | +282.2% |
| Total equity and liabilities | 10/49 | €271,253 | €284,990 | +€13,736 | +5.1% |
| Equity | 10/15 | €25,470 | €46,661 | +€21,191 | +83.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,470 | €44,661 | +€21,191 | +90.3% |
| Amounts payable | 17/49 | €245,783 | €238,328 | -€7,455 | -3.0% |
| Amounts payable after more than one year | 17 | €220,500 | €202,500 | -€18,000 | -8.2% |
| Financial debts | 170/4 | €220,500 | €202,500 | -€18,000 | -8.2% |
| Amounts payable within one year | 42/48 | €25,283 | €35,828 | +€10,545 | +41.7% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €1,954 | €609 | -€1,345 | -68.8% |
| Suppliers | 440/4 | €1,954 | €609 | -€1,345 | -68.8% |
| Advances received on contracts in progress | 46 | - | €10,200 | +€10,200 | |
| Taxes, remuneration and social security | 45 | €5,329 | €6,519 | +€1,190 | +22.3% |
| Taxes | 450/3 | €5,096 | €6,282 | +€1,186 | +23.3% |
| Remuneration and social security | 454/9 | €233 | €237 | +€4 | +1.8% |
| Other amounts payable | 47/48 | - | €500 | +€500 | |
| Other operating charges | 640/8 | €387 | €823 | +€436 | +112.6% |
| Gross operating margin | 9900 | €18,216 | €28,599 | +€10,383 | +57.0% |
| Operating profit (loss) | 9901 | €17,828 | €27,776 | +€9,947 | +55.8% |
| Financial charges | 65/66B | €414 | €656 | +€242 | +58.3% |
| Recurring financial charges | 65 | €414 | €656 | +€242 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | €17,414 | €27,120 | +€9,706 | +55.7% |
| Income taxes | 67/77 | €4,354 | €5,928 | +€1,575 | +36.2% |
| Profit (loss) for the period | 9904 | €13,061 | €21,191 | +€8,131 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,061 | €21,191 | +€8,131 | +62.3% |
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 12 October 2026 via checked.be.