CREDITRUST: 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.
CREDITRUST
Largest movements
- Cash +€42,723
up €42,723 (+24.4%), from €175,215 to €217,938
mainly Net result for the year (+€28,438) and Receivables within one year (+€6,861)
- Receivables within one year -€6,861
down €6,861 (-20.5%), from €33,411 to €26,549
of which Other amounts receivable: -€7,360
- Deferred charges and accrued income -€4,471
down €4,471 (-28.5%), from €15,665 to €11,194
- Reserves +€28,438
up €28,438 (+104.5%), from €27,211 to €55,648
of which Distributable reserves: +€28,438
- Tax, wage and social debts +€2,844
up €2,844 (+62.6%), from €4,545 to €7,389
- Turnover +€27,910
up €27,910 (+28.0%), from €99,558 to €127,468
- Gross operating margin +€27,134
up €27,134 (+189.2%), from €14,341 to €41,476
- Taxes +€8,504
up €8,504 (+204.0%), from €4,169 to €12,674
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 | €224,291 | €255,682 | +€31,391 | +14.0% |
| Current assets | 29/58 | €224,291 | €255,682 | +€31,391 | +14.0% |
| Amounts receivable within one year | 40/41 | €33,411 | €26,549 | -€6,861 | -20.5% |
| Trade receivables | 40 | €20,902 | €21,402 | +€499 | +2.4% |
| Other amounts receivable | 41 | €12,508 | €5,148 | -€7,360 | -58.8% |
| Cash at bank and in hand | 54/58 | €175,215 | €217,938 | +€42,723 | +24.4% |
| Deferred charges and accrued income | 490/1 | €15,665 | €11,194 | -€4,471 | -28.5% |
| Total equity and liabilities | 10/49 | €224,291 | €255,682 | +€31,391 | +14.0% |
| Equity | 10/15 | €137,869 | €166,307 | +€28,438 | +20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,211 | €55,648 | +€28,438 | +104.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,351 | €53,788 | +€28,438 | +112.2% |
| Profit (loss) carried forward | 14 | €104,458 | €104,458 | = | 0.0% |
| Amounts payable | 17/49 | €86,422 | €89,375 | +€2,954 | +3.4% |
| Amounts payable within one year | 42/48 | €86,422 | €89,375 | +€2,954 | +3.4% |
| Trade debts | 44 | €14 | €124 | +€110 | +770.9% |
| Suppliers | 440/4 | €14 | €124 | +€110 | +770.9% |
| Taxes, remuneration and social security | 45 | €4,545 | €7,389 | +€2,844 | +62.6% |
| Taxes | 450/3 | €4,545 | €7,389 | +€2,844 | +62.6% |
| Other amounts payable | 47/48 | €81,862 | €81,862 | = | 0.0% |
| Turnover | 70 | €99,558 | €127,468 | +€27,910 | +28.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,177 | €89,117 | +€940 | +1.1% |
| Other operating charges | 640/8 | €426 | €840 | +€414 | +97.2% |
| Gross operating margin | 9900 | €14,341 | €41,476 | +€27,134 | +189.2% |
| Operating profit (loss) | 9901 | €13,915 | €40,636 | +€26,720 | +192.0% |
| Financial income | 75/76B | €18 | €569 | +€551 | +3058.8% |
| Recurring financial income | 75 | €18 | €569 | +€551 | +3058.8% |
| Financial charges | 65/66B | -€346 | €94 | +€440 | |
| Recurring financial charges | 65 | -€346 | €94 | +€440 | |
| Profit (loss) for the period before taxes | 9903 | €14,280 | €41,111 | +€26,832 | +187.9% |
| Income taxes | 67/77 | €4,169 | €12,674 | +€8,504 | +204.0% |
| Profit (loss) for the period | 9904 | €10,110 | €28,438 | +€18,328 | +181.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,110 | €28,438 | +€18,328 | +181.3% |
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 9 October 2026 via checked.be.