CREDIT 2000: 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.
CREDIT 2000
Largest movements
- Tangible fixed assets +€97,101
up €97,101 (+302%), from €32,107 to €129,208
of which Other tangible fixed assets: +€88,304
- Other debts -€206,774
down €206,774 (-11.4%), from €1.8m to €1.6m
- Profit (loss) carried forward +€138,482
up €138,482 (+124%), from €111,955 to €250,437
- Debts after one year +€109,759
up €109,759 (+136%), from €80,868 to €190,627
- Tax, wage and social debts +€60,481
up €60,481 (+79.5%), from €76,069 to €136,551
of which Taxes: +€32,660
- Short-term financial debts -€59,245
down €59,245 (-51.6%), from €114,714 to €55,469
of which Other loans: -€60,000
- Financial charges -€85,715
down €85,715 (-65.0%), from €131,810 to €46,095
- Gross operating margin -€82,789
down €82,789 (-12.0%), from €691,551 to €608,762
- Staff costs +€34,831
up €34,831 (+13.1%), from €265,022 to €299,853
- Depreciation -€9,317
down €9,317 (-33.2%), from €28,068 to €18,751
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,797,628 | €2,867,587 | +€69,959 | +2.5% |
| Fixed assets | 21/28 | €2,547,278 | €2,636,363 | +€89,084 | +3.5% |
| Intangible fixed assets | 21 | €14,954 | €6,937 | -€8,017 | -53.6% |
| Tangible fixed assets | 22/27 | €32,107 | €129,208 | +€97,101 | +302% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,641 | €13,438 | +€8,797 | +190% |
| Other tangible fixed assets | 26 | €27,466 | €115,770 | +€88,304 | +322% |
| Financial fixed assets | 28 | €2,500,217 | €2,500,217 | = | 0.0% |
| Current assets | 29/58 | €250,349 | €231,224 | -€19,125 | -7.6% |
| Amounts receivable within one year | 40/41 | €85,218 | €85,143 | -€75 | -0.1% |
| Trade receivables | 40 | €36,656 | €36,656 | = | 0.0% |
| Other amounts receivable | 41 | €48,563 | €48,488 | -€75 | -0.2% |
| Cash at bank and in hand | 54/58 | €25,349 | €11,161 | -€14,188 | -56.0% |
| Deferred charges and accrued income | 490/1 | €139,782 | €134,920 | -€4,862 | -3.5% |
| Total equity and liabilities | 10/49 | €2,797,628 | €2,867,587 | +€69,959 | +2.5% |
| Equity | 10/15 | €485,471 | €623,952 | +€138,482 | +28.5% |
| Contributions | 10/11 | €368,600 | €368,600 | = | 0.0% |
| Reserves | 13 | €4,915 | €4,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,915 | €4,915 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,915 | €4,915 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,955 | €250,437 | +€138,482 | +124% |
| Amounts payable | 17/49 | €2,312,157 | €2,243,635 | -€68,522 | -3.0% |
| Amounts payable after more than one year | 17 | €80,868 | €190,627 | +€109,759 | +136% |
| Financial debts | 170/4 | €80,868 | €190,627 | +€109,759 | +136% |
| Amounts payable within one year | 42/48 | €2,168,796 | €1,982,552 | -€186,243 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €29,899 | €81,797 | +€51,899 | +174% |
| Financial debts | 43 | €114,714 | €55,469 | -€59,245 | -51.6% |
| Credit institutions | 430/8 | €54,714 | €55,469 | +€755 | +1.4% |
| Other loans | 439 | €60,000 | €0 | -€60,000 | -100% |
| Trade debts | 44 | €142,163 | €109,560 | -€32,603 | -22.9% |
| Suppliers | 440/4 | €142,163 | €109,560 | -€32,603 | -22.9% |
| Taxes, remuneration and social security | 45 | €76,069 | €136,551 | +€60,481 | +79.5% |
| Taxes | 450/3 | €52,525 | €85,185 | +€32,660 | +62.2% |
| Remuneration and social security | 454/9 | €23,544 | €51,365 | +€27,822 | +118% |
| Other amounts payable | 47/48 | €1,805,951 | €1,599,176 | -€206,774 | -11.4% |
| Accrued charges and deferred income | 492/3 | €62,494 | €70,456 | +€7,962 | +12.7% |
| Remuneration, social security and pensions | 62 | €265,022 | €299,853 | +€34,831 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,068 | €18,751 | -€9,317 | -33.2% |
| Other operating charges | 640/8 | €28,472 | €33,846 | +€5,374 | +18.9% |
| Gross operating margin | 9900 | €691,551 | €608,762 | -€82,789 | -12.0% |
| Operating profit (loss) | 9901 | €369,988 | €256,311 | -€113,677 | -30.7% |
| Financial income | 75/76B | €0 | €24 | +€24 | |
| Recurring financial income | 75 | €0 | €24 | +€24 | |
| Financial charges | 65/66B | €131,810 | €46,095 | -€85,715 | -65.0% |
| Recurring financial charges | 65 | €131,810 | €46,095 | -€85,715 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €238,178 | €210,240 | -€27,938 | -11.7% |
| Income taxes | 67/77 | €75,133 | €71,759 | -€3,374 | -4.5% |
| Profit (loss) for the period | 9904 | €163,046 | €138,482 | -€24,564 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €163,046 | €138,482 | -€24,564 | -15.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.