Creditum: 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.
Creditum
Largest movements
- Financial fixed assets +€434,217
new in 2025: €434,217
- Receivables within one year +€16,130
up €16,130 (+328%), from €4,920 to €21,050
- Cash -€10,754
no longer reported in 2025 (was €10,754)
- Other debts +€437,701
new in 2025: €437,701
- Gross operating margin +€101
up €101 (+15.7%), from €640 to €741
- Other operating charges +€80
up €80 (+14.0%), from €573 to €653
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,104 | €455,267 | +€439,164 | +2,727% |
| Fixed assets | 21/28 | - | €434,217 | +€434,217 | |
| Financial fixed assets | 28 | - | €434,217 | +€434,217 | |
| Current assets | 29/58 | €16,104 | €21,050 | +€4,946 | +30.7% |
| Amounts receivable within one year | 40/41 | €4,920 | €21,050 | +€16,130 | +328% |
| Trade receivables | 40 | €4,920 | €21,050 | +€16,130 | +328% |
| Cash at bank and in hand | 54/58 | €10,754 | - | -€10,754 | |
| Deferred charges and accrued income | 490/1 | €430 | - | -€430 | |
| Total equity and liabilities | 10/49 | €16,104 | €455,267 | +€439,164 | +2,727% |
| Equity | 10/15 | €15,533 | €15,519 | -€14 | -0.1% |
| Contributions | 10/11 | €8,300 | €8,300 | = | 0.0% |
| Reserves | 13 | €7,233 | €7,255 | +€22 | +0.3% |
| 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 | €5,373 | €5,395 | +€22 | +0.4% |
| Profit (loss) carried forward | 14 | - | -€36 | -€36 | |
| Amounts payable | 17/49 | €571 | €439,748 | +€439,178 | +76,958% |
| Amounts payable within one year | 42/48 | €571 | €439,748 | +€439,178 | +76,958% |
| Trade debts | 44 | €571 | €2,047 | +€1,477 | +259% |
| Suppliers | 440/4 | €571 | €2,047 | +€1,477 | +259% |
| Other amounts payable | 47/48 | - | €437,701 | +€437,701 | |
| Other operating charges | 640/8 | €573 | €653 | +€80 | +14.0% |
| Gross operating margin | 9900 | €640 | €741 | +€101 | +15.7% |
| Operating profit (loss) | 9901 | €67 | €88 | +€20 | +30.2% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €22 | €43 | +€20 | +90.8% |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | €17 | €43 | +€26 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €17 | €43 | +€26 | +157% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.