CREDIS: 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.
CREDIS
Largest movements
- Cash -€15,309
down €15,309 (-24.8%), from €61,763 to €46,453
mainly Net result for the year (-€181,197) and Trade debts (-€10,667)
- Profit (loss) carried forward -€181,197
down €181,197 (-1.1%), from -€16.1m to -€16.3m
- Other debts +€176,555
up €176,555 (+3.5%), from €5.1m to €5.2m
- Trade debts -€10,667
down €10,667 (-83.8%), from €12,726 to €2,058
- Financial charges -€134,720
down €134,720 (-45.3%), from €297,708 to €162,988
- Financial income -€33,038
down €33,038 (-100.0%), from €33,038 to €0
of which Non-recurring financial income: -€33,038
- Gross operating margin -€9,207
down €9,207 (-110.4%), from -€8,342 to -€17,549
- Other operating charges +€440
up €440 (+200.0%), from €220 to €660
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 | €61,763 | €46,453 | -€15,309 | -24.8% |
| Current assets | 29/58 | €61,763 | €46,453 | -€15,309 | -24.8% |
| Cash at bank and in hand | 54/58 | €61,763 | €46,453 | -€15,309 | -24.8% |
| Total equity and liabilities | 10/49 | €61,763 | €46,453 | -€15,309 | -24.8% |
| Equity | 10/15 | -€5,002,770 | -€5,183,967 | -€181,197 | -3.6% |
| Contributions | 10/11 | €10,819,544 | €10,819,544 | = | 0.0% |
| Capital | 10 | - | €10,819,544 | +€10.8m | |
| Issued capital | 100 | - | €10,819,544 | +€10.8m | |
| Reserves | 13 | €295,826 | €295,826 | = | 0.0% |
| Distributable reserves | 133 | €295,826 | €295,826 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,118,140 | -€16,299,337 | -€181,197 | -1.1% |
| Amounts payable | 17/49 | €5,064,532 | €5,230,420 | +€165,888 | +3.3% |
| Amounts payable within one year | 42/48 | €5,064,532 | €5,230,420 | +€165,888 | +3.3% |
| Trade debts | 44 | €12,726 | €2,058 | -€10,667 | -83.8% |
| Suppliers | 440/4 | €12,726 | €2,058 | -€10,667 | -83.8% |
| Other amounts payable | 47/48 | €5,051,807 | €5,228,362 | +€176,555 | +3.5% |
| Other operating charges | 640/8 | €220 | €660 | +€440 | +200.0% |
| Gross operating margin | 9900 | -€8,342 | -€17,549 | -€9,207 | -110.4% |
| Operating profit (loss) | 9901 | -€8,562 | -€18,209 | -€9,647 | -112.7% |
| Financial income | 75/76B | €33,038 | €0 | -€33,038 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -42.2% |
| Non-recurring financial income | 76B | €33,038 | - | -€33,038 | |
| Financial charges | 65/66B | €297,708 | €162,988 | -€134,720 | -45.3% |
| Recurring financial charges | 65 | €297,708 | €162,988 | -€134,720 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | -€273,232 | -€181,197 | +€92,034 | +33.7% |
| Profit (loss) for the period | 9904 | -€273,232 | -€181,197 | +€92,034 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€273,232 | -€181,197 | +€92,034 | +33.7% |
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 7 October 2026 via checked.be.