CREDOME: 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.
CREDOME
Largest movements
- Cash +€15,416
up €15,416 (+97.0%), from €15,889 to €31,305
mainly Trade debts (+€41,459) and Net result for the year (+€27,395)
- Tangible fixed assets -€11,700
down €11,700 (-2.0%), from €593,632 to €581,932
of which Land and buildings: -€15,668
- Debts after one year -€61,247
down €61,247 (-11.4%), from €536,134 to €474,887
- Trade debts +€41,459
up €41,459 (+7196.7%), from €576 to €42,036
- Reserves +€27,395
up €27,395 (+148.0%), from €18,504 to €45,900
- Taxes +€3,134
up €3,134 (+63.8%), from €4,912 to €8,046
- Gross operating margin +€1,576
up €1,576 (+2.3%), from €69,801 to €71,377
- Financial charges -€1,221
down €1,221 (-6.4%), from €19,088 to €17,867
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 | €612,066 | €613,798 | +€1,732 | +0.3% |
| Fixed assets | 21/28 | €593,632 | €581,932 | -€11,700 | -2.0% |
| Tangible fixed assets | 22/27 | €593,632 | €581,932 | -€11,700 | -2.0% |
| Land and buildings | 22 | €593,632 | €577,964 | -€15,668 | -2.6% |
| Furniture and vehicles | 24 | - | €3,968 | +€3,968 | |
| Current assets | 29/58 | €18,434 | €31,866 | +€13,432 | +72.9% |
| Amounts receivable within one year | 40/41 | €2,006 | €22 | -€1,984 | -98.9% |
| Trade receivables | 40 | €2,006 | €0 | -€2,006 | -100.0% |
| Other amounts receivable | 41 | - | €22 | +€22 | |
| Cash at bank and in hand | 54/58 | €15,889 | €31,305 | +€15,416 | +97.0% |
| Deferred charges and accrued income | 490/1 | €540 | €540 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €612,066 | €613,798 | +€1,732 | +0.3% |
| Equity | 10/15 | €28,504 | €55,900 | +€27,395 | +96.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €18,504 | €45,900 | +€27,395 | +148.0% |
| Distributable reserves | 133 | €18,504 | €45,900 | +€27,395 | +148.0% |
| Amounts payable | 17/49 | €583,562 | €557,899 | -€25,663 | -4.4% |
| Amounts payable after more than one year | 17 | €536,134 | €474,887 | -€61,247 | -11.4% |
| Financial debts | 170/4 | €536,134 | €474,887 | -€61,247 | -11.4% |
| Amounts payable within one year | 42/48 | €47,428 | €83,012 | +€35,584 | +75.0% |
| Current portion of amounts payable after more than one year | 42 | €20,437 | €21,247 | +€810 | +4.0% |
| Trade debts | 44 | €576 | €42,036 | +€41,459 | +7196.7% |
| Suppliers | 440/4 | €576 | €42,036 | +€41,459 | +7196.7% |
| Taxes, remuneration and social security | 45 | €7,938 | €5,958 | -€1,980 | -24.9% |
| Taxes | 450/3 | €7,938 | €5,958 | -€1,980 | -24.9% |
| Other amounts payable | 47/48 | €18,477 | €13,771 | -€4,706 | -25.5% |
| Non-recurring operating income | 76A | €68 | €0 | -€68 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,267 | €16,489 | +€222 | +1.4% |
| Other operating charges | 640/8 | €1,693 | €1,590 | -€104 | -6.1% |
| Gross operating margin | 9900 | €69,801 | €71,377 | +€1,576 | +2.3% |
| Operating profit (loss) | 9901 | €51,840 | €53,299 | +€1,458 | +2.8% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €19,088 | €17,867 | -€1,221 | -6.4% |
| Recurring financial charges | 65 | €19,088 | €17,867 | -€1,221 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €32,753 | €35,442 | +€2,689 | +8.2% |
| Income taxes | 67/77 | €4,912 | €8,046 | +€3,134 | +63.8% |
| Profit (loss) for the period | 9904 | €27,840 | €27,395 | -€445 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,840 | €27,395 | -€445 | -1.6% |
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 11 October 2026 via checked.be.