Credim: 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.
Credim
Largest movements
- Intangible fixed assets -€29,000
down €29,000 (-11.6%), from €250,188 to €221,188
- Receivables within one year -€23,678
down €23,678 (-5.0%), from €472,291 to €448,612
of which Trade receivables: -€19,164
- Profit (loss) carried forward +€78,913
up €78,913 (+53.0%), from -€148,805 to -€69,892
- Tax, wage and social debts -€78,061
down €78,061 (-34.3%), from €227,693 to €149,632
- Debts after one year -€40,798
down €40,798 (-17.4%), from €233,992 to €193,194
- Trade debts -€9,667
down €9,667 (-3.1%), from €316,706 to €307,039
- Gross operating margin -€142,629
down €142,629 (-14.8%), from €966,887 to €824,259
- Staff costs -€34,524
down €34,524 (-5.1%), from €670,691 to €636,167
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 | €779,191 | €726,056 | -€53,135 | -6.8% |
| Fixed assets | 21/28 | €277,719 | €244,322 | -€33,397 | -12.0% |
| Intangible fixed assets | 21 | €250,188 | €221,188 | -€29,000 | -11.6% |
| Tangible fixed assets | 22/27 | €18,771 | €12,874 | -€5,897 | -31.4% |
| Plant, machinery and equipment | 23 | €581 | €325 | -€256 | -44.1% |
| Furniture and vehicles | 24 | €18,190 | €12,549 | -€5,641 | -31.0% |
| Financial fixed assets | 28 | €8,760 | €10,260 | +€1,500 | +17.1% |
| Current assets | 29/58 | €501,472 | €481,735 | -€19,737 | -3.9% |
| Amounts receivable within one year | 40/41 | €472,291 | €448,612 | -€23,678 | -5.0% |
| Trade receivables | 40 | €370,828 | €351,664 | -€19,164 | -5.2% |
| Other amounts receivable | 41 | €101,463 | €96,949 | -€4,515 | -4.4% |
| Cash at bank and in hand | 54/58 | €29,182 | €33,123 | +€3,941 | +13.5% |
| Total equity and liabilities | 10/49 | €779,191 | €726,056 | -€53,135 | -6.8% |
| Equity | 10/15 | -€138,805 | -€59,892 | +€78,913 | +56.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,805 | -€69,892 | +€78,913 | +53.0% |
| Amounts payable | 17/49 | €917,996 | €785,949 | -€132,048 | -14.4% |
| Amounts payable after more than one year | 17 | €233,992 | €193,194 | -€40,798 | -17.4% |
| Financial debts | 170/4 | €233,992 | €193,194 | -€40,798 | -17.4% |
| Amounts payable within one year | 42/48 | €684,005 | €592,755 | -€91,250 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €44,016 | €40,798 | -€3,218 | -7.3% |
| Trade debts | 44 | €316,706 | €307,039 | -€9,667 | -3.1% |
| Suppliers | 440/4 | €316,706 | €307,039 | -€9,667 | -3.1% |
| Taxes, remuneration and social security | 45 | €227,693 | €149,632 | -€78,061 | -34.3% |
| Remuneration and social security | 454/9 | €227,693 | €149,632 | -€78,061 | -34.3% |
| Other amounts payable | 47/48 | €95,590 | €95,286 | -€304 | -0.3% |
| Remuneration, social security and pensions | 62 | €670,691 | €636,167 | -€34,524 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,137 | €35,943 | -€1,193 | -3.2% |
| Other operating charges | 640/8 | €16,246 | €6,874 | -€9,372 | -57.7% |
| Gross operating margin | 9900 | €966,887 | €824,259 | -€142,629 | -14.8% |
| Operating profit (loss) | 9901 | €242,813 | €145,275 | -€97,538 | -40.2% |
| Financial income | 75/76B | €201 | €4,612 | +€4,410 | +2,190% |
| Recurring financial income | 75 | €201 | €4,612 | +€4,410 | +2,190% |
| Financial charges | 65/66B | €72,314 | €70,974 | -€1,341 | -1.9% |
| Recurring financial charges | 65 | €72,314 | €70,974 | -€1,341 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €170,700 | €78,913 | -€91,787 | -53.8% |
| Profit (loss) for the period | 9904 | €170,700 | €78,913 | -€91,787 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €170,700 | €78,913 | -€91,787 | -53.8% |
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.