CREEMERS: 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.
What changed
CREEMERS
NACE 46.499, Wholesale of other household goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€83,441
2024 · -€24,341-€59,099
Equity
€598,426
2024 · €681,866-€83,441
Cash
€149,311
2024 · €134,952+€14,359
Balance sheet total
€1.5m
2024 · €1.7m-€161,603
Largest movements
Assets
- Tangible fixed assets -€210,206
down €210,206 (-20.7%), from €1.0m to €807,168
of which Land and buildings: -€164,246
- Stocks and contracts +€80,047
up €80,047 (+41.6%), from €192,403 to €272,450
- Receivables within one year -€45,803
down €45,803 (-14.6%), from €313,494 to €267,691
Equity and liabilities
- Debts after one year -€109,358
down €109,358 (-18.8%), from €582,870 to €473,512
- Profit (loss) carried forward -€83,441
down €83,441 (-31.2%), from -€267,760 to -€351,201
- Other debts +€47,130
up €47,130 (+34.6%), from €136,077 to €183,207
- Current portion of long-term debt -€28,169
down €28,169 (-21.6%), from €130,159 to €101,990
Income statement
- Staff costs +€61,046
up €61,046 (+13.2%), from €462,116 to €523,163
- Depreciation -€14,808
down €14,808 (-12.8%), from €115,813 to €101,004
- Gross operating margin -€12,867
down €12,867 (-2.0%), from €630,118 to €617,251
- Other operating charges +€12,621
up €12,621 (+86.1%), from €14,654 to €27,274
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.
Result 2024
-€24,341
Gross operating margin
-€12,867
Staff costs
-€61,046
Depreciation
+€14,808
Other operating charges
-€12,621
Other operating items
+€18,817
Financial income
-€50
Financial charges
-€6,157
Taxes
+€17
Result 2025
-€83,441
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€42,685
Investment
+€109,202
Financing
-€137,527
Cash 2024
€134,952
From operations (derived)
+€42,685
Net result for the year
-€83,441
Depreciation
+€101,004
Stocks and contracts
-€80,047
Receivables within one year
+€45,803
Trade debts
+€10,318
Tax, wage and social debts
+€2,822
Other debts
+€47,130
Accrued charges and deferred income
-€906
Investment (derived)
+€109,202
Investment in fixed assets (net)
+€109,202
Financing
-€137,527
Debts after one year
-€109,358
Current portion of long-term debt
-€28,169
Cash 2025
€149,311
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,658,372 | €1,496,770 | -€161,603 | -9.7% |
| Fixed assets | 21/28 | €1,017,524 | €807,318 | -€210,206 | -20.7% |
| Tangible fixed assets | 22/27 | €1,017,374 | €807,168 | -€210,206 | -20.7% |
| Land and buildings | 22 | €845,384 | €681,138 | -€164,246 | -19.4% |
| Plant, machinery and equipment | 23 | €21,649 | €15,431 | -€6,217 | -28.7% |
| Furniture and vehicles | 24 | €2,007 | €1,045 | -€962 | -47.9% |
| Leasing and similar rights | 25 | €148,334 | €109,553 | -€38,780 | -26.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €640,849 | €689,452 | +€48,603 | +7.6% |
| Stocks and contracts in progress | 3 | €192,403 | €272,450 | +€80,047 | +41.6% |
| Stocks | 30/36 | €192,403 | €272,450 | +€80,047 | +41.6% |
| Amounts receivable within one year | 40/41 | €313,494 | €267,691 | -€45,803 | -14.6% |
| Trade receivables | 40 | €313,494 | €267,691 | -€45,803 | -14.6% |
| Cash at bank and in hand | 54/58 | €134,952 | €149,311 | +€14,359 | +10.6% |
| Total equity and liabilities | 10/49 | €1,658,372 | €1,496,770 | -€161,603 | -9.7% |
| Equity | 10/15 | €681,866 | €598,426 | -€83,441 | -12.2% |
| Contributions | 10/11 | €425,400 | €425,400 | = | 0.0% |
| Capital | 10 | €425,400 | €425,400 | = | 0.0% |
| Issued capital | 100 | €425,400 | €425,400 | = | 0.0% |
| Revaluation surpluses | 12 | €475,976 | €475,976 | = | 0.0% |
| Reserves | 13 | €48,251 | €48,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,540 | €42,540 | = | 0.0% |
| Legal reserve | 130 | €42,540 | €42,540 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,387 | €3,387 | = | 0.0% |
| Distributable reserves | 133 | €2,324 | €2,324 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€267,760 | -€351,201 | -€83,441 | -31.2% |
| Amounts payable | 17/49 | €976,506 | €898,344 | -€78,162 | -8.0% |
| Amounts payable after more than one year | 17 | €582,870 | €473,512 | -€109,358 | -18.8% |
| Financial debts | 170/4 | €582,870 | €473,512 | -€109,358 | -18.8% |
| Amounts payable within one year | 42/48 | €361,828 | €393,930 | +€32,102 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €130,159 | €101,990 | -€28,169 | -21.6% |
| Trade debts | 44 | €15,950 | €26,268 | +€10,318 | +64.7% |
| Suppliers | 440/4 | €15,950 | €26,268 | +€10,318 | +64.7% |
| Taxes, remuneration and social security | 45 | €79,642 | €82,465 | +€2,822 | +3.5% |
| Taxes | 450/3 | €21,910 | €19,199 | -€2,711 | -12.4% |
| Remuneration and social security | 454/9 | €57,732 | €63,266 | +€5,533 | +9.6% |
| Other amounts payable | 47/48 | €136,077 | €183,207 | +€47,130 | +34.6% |
| Accrued charges and deferred income | 492/3 | €31,807 | €30,902 | -€906 | -2.8% |
| Non-recurring operating income | 76A | €5,785 | €80,798 | +€75,013 | +1,297% |
| Remuneration, social security and pensions | 62 | €462,116 | €523,163 | +€61,046 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,813 | €101,004 | -€14,808 | -12.8% |
| Other operating charges | 640/8 | €14,654 | €27,274 | +€12,621 | +86.1% |
| Non-recurring operating charges | 66A | €18,817 | €0 | -€18,817 | -100% |
| Gross operating margin | 9900 | €630,118 | €617,251 | -€12,867 | -2.0% |
| Operating profit (loss) | 9901 | €18,719 | -€34,190 | -€52,909 | |
| Financial income | 75/76B | €189 | €139 | -€50 | -26.5% |
| Recurring financial income | 75 | €189 | €139 | -€50 | -26.5% |
| Financial charges | 65/66B | €42,889 | €49,047 | +€6,157 | +14.4% |
| Recurring financial charges | 65 | €42,889 | €49,047 | +€6,157 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,982 | -€83,098 | -€59,116 | -247% |
| Income taxes | 67/77 | €359 | €342 | -€17 | -4.7% |
| Profit (loss) for the period | 9904 | -€24,341 | -€83,441 | -€59,099 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,341 | -€83,441 | -€59,099 | -243% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.