CREDISHOP: 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.
CREDISHOP
Largest movements
- Deferred charges and accrued income +€176,745
up €176,745 (+78.1%), from €226,258 to €403,004
- Intangible fixed assets -€121,702
down €121,702 (-15.7%), from €777,064 to €655,362
- Cash +€106,198
up €106,198 (+233%), from €45,557 to €151,754
mainly Depreciation (+€175,252) and Provisions (+€145,000)
- Receivables within one year -€102,722
down €102,722 (-100%), from €102,722 to €0
of which Trade receivables: -€102,722
- Tangible fixed assets -€30,356
down €30,356 (-77.4%), from €39,225 to €8,869
of which Plant, machinery and equipment: -€34,885
- Provisions +€145,000
new in 2025: €145,000
- Profit (loss) carried forward -€135,668
down €135,668 (-24.8%), from -€548,120 to -€683,788
- Other debts +€17,553
up €17,553 (+8.9%), from €197,111 to €214,664
- Provisions +€145,000
new in 2025: €145,000
- Gross operating margin +€134,275
up €134,275 (+22.8%), from €589,349 to €723,624
- Depreciation -€11,261
down €11,261 (-6.0%), from €186,513 to €175,252
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 | €1,194,416 | €1,222,579 | +€28,163 | +2.4% |
| Fixed assets | 21/28 | €819,879 | €667,821 | -€152,058 | -18.5% |
| Intangible fixed assets | 21 | €777,064 | €655,362 | -€121,702 | -15.7% |
| Tangible fixed assets | 22/27 | €39,225 | €8,869 | -€30,356 | -77.4% |
| Plant, machinery and equipment | 23 | €34,885 | €0 | -€34,885 | -100% |
| Furniture and vehicles | 24 | €4,071 | €8,649 | +€4,578 | +112% |
| Other tangible fixed assets | 26 | €268 | €219 | -€49 | -18.2% |
| Financial fixed assets | 28 | €3,590 | €3,590 | = | 0.0% |
| Current assets | 29/58 | €374,537 | €554,758 | +€180,221 | +48.1% |
| Amounts receivable within one year | 40/41 | €102,722 | €0 | -€102,722 | -100% |
| Trade receivables | 40 | €102,722 | €0 | -€102,722 | -100% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €45,557 | €151,754 | +€106,198 | +233% |
| Deferred charges and accrued income | 490/1 | €226,258 | €403,004 | +€176,745 | +78.1% |
| Total equity and liabilities | 10/49 | €1,194,416 | €1,222,579 | +€28,163 | +2.4% |
| Equity | 10/15 | €475,668 | €340,000 | -€135,668 | -28.5% |
| Contributions | 10/11 | €1,023,788 | €1,023,788 | = | 0.0% |
| Capital | 10 | €1,023,788 | €1,023,788 | = | 0.0% |
| Issued capital | 100 | €1,023,788 | €1,023,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€548,120 | -€683,788 | -€135,668 | -24.8% |
| Provisions and deferred taxes | 16 | - | €145,000 | +€145,000 | |
| Provisions for liabilities and charges | 160/5 | - | €145,000 | +€145,000 | |
| Other liabilities and charges | 164/5 | - | €145,000 | +€145,000 | |
| Amounts payable | 17/49 | €718,748 | €737,579 | +€18,831 | +2.6% |
| Amounts payable after more than one year | 17 | €400,000 | €400,000 | = | 0.0% |
| Financial debts | 170/4 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €318,748 | €337,279 | +€18,531 | +5.8% |
| Trade debts | 44 | €82,428 | €81,801 | -€626 | -0.8% |
| Suppliers | 440/4 | €82,428 | €81,801 | -€626 | -0.8% |
| Taxes, remuneration and social security | 45 | €39,209 | €40,813 | +€1,604 | +4.1% |
| Taxes | 450/3 | €3,442 | €1,153 | -€2,289 | -66.5% |
| Remuneration and social security | 454/9 | €35,767 | €39,660 | +€3,893 | +10.9% |
| Other amounts payable | 47/48 | €197,111 | €214,664 | +€17,553 | +8.9% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Remuneration, social security and pensions | 62 | €506,576 | €507,708 | +€1,132 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,513 | €175,252 | -€11,261 | -6.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €145,000 | +€145,000 | |
| Other operating charges | 640/8 | €5,564 | €5,689 | +€125 | +2.3% |
| Gross operating margin | 9900 | €589,349 | €723,624 | +€134,275 | +22.8% |
| Operating profit (loss) | 9901 | -€109,304 | -€110,026 | -€721 | -0.7% |
| Financial income | 75/76B | €377 | €1 | -€376 | -99.7% |
| Recurring financial income | 75 | €377 | €1 | -€376 | -99.7% |
| Financial charges | 65/66B | €20,460 | €25,828 | +€5,368 | +26.2% |
| Recurring financial charges | 65 | €20,460 | €25,828 | +€5,368 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | -€129,387 | -€135,853 | -€6,465 | -5.0% |
| Income taxes | 67/77 | €2,289 | -€185 | -€2,473 | |
| Profit (loss) for the period | 9904 | -€131,676 | -€135,668 | -€3,992 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,676 | -€135,668 | -€3,992 | -3.0% |
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 29 October 2026 via checked.be.