CREFINASSUR: what changed
Two fiscal 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.
CREFINASSUR
Largest movements
- Receivables within one year -€1,832
down €1,832 (-48.1%), from €3,812 to €1,980
of which Other amounts receivable: -€1,312
- Intangible fixed assets -€1,329
no longer reported in 2025 (was €1,329)
- Tangible fixed assets -€435
no longer reported in 2025 (was €435)
- Profit (loss) carried forward -€2,411
down €2,411 (-110.4%), from -€2,184 to -€4,596
- Tax, wage and social debts -€1,223
no longer reported in 2025 (was €1,223)
- Gross operating margin +€3,423
up €3,423 (+85.2%), from -€4,016 to -€593
- Turnover -€2,980
down €2,980 (-99.4%), from €2,997 to €17
- Taxes -€2,423
no longer reported in 2025 (was €2,423)
- Depreciation +€1,329
up €1,329 (+305.6%), from €435 to €1,764
- Other operating charges -€727
no longer reported in 2025 (was €727)
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 | €7,099 | €3,464 | -€3,634 | -51.2% |
| Fixed assets | 21/28 | €1,764 | - | -€1,764 | |
| Intangible fixed assets | 21 | €1,329 | - | -€1,329 | |
| Tangible fixed assets | 22/27 | €435 | - | -€435 | |
| Furniture and vehicles | 24 | €435 | - | -€435 | |
| Current assets | 29/58 | €5,335 | €3,464 | -€1,870 | -35.1% |
| Amounts receivable within one year | 40/41 | €3,812 | €1,980 | -€1,832 | -48.1% |
| Trade receivables | 40 | €2,500 | €1,980 | -€520 | -20.8% |
| Other amounts receivable | 41 | €1,312 | - | -€1,312 | |
| Cash at bank and in hand | 54/58 | €1,523 | €1,485 | -€38 | -2.5% |
| Total equity and liabilities | 10/49 | €7,099 | €3,464 | -€3,634 | -51.2% |
| Equity | 10/15 | €5,876 | €3,464 | -€2,411 | -41.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,184 | -€4,596 | -€2,411 | -110.4% |
| Amounts payable | 17/49 | €1,223 | - | -€1,223 | |
| Amounts payable within one year | 42/48 | €1,223 | - | -€1,223 | |
| Taxes, remuneration and social security | 45 | €1,223 | - | -€1,223 | |
| Taxes | 450/3 | €1,223 | - | -€1,223 | |
| Turnover | 70 | €2,997 | €17 | -€2,980 | -99.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €13 | €610 | +€597 | +4519.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €1,764 | +€1,329 | +305.6% |
| Other operating charges | 640/8 | €727 | - | -€727 | |
| Gross operating margin | 9900 | -€4,016 | -€593 | +€3,423 | +85.2% |
| Operating profit (loss) | 9901 | -€5,179 | -€2,357 | +€2,821 | +54.5% |
| Financial charges | 65/66B | €27 | €54 | +€27 | +100.0% |
| Recurring financial charges | 65 | €27 | €54 | +€27 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,206 | -€2,411 | +€2,794 | +53.7% |
| Income taxes | 67/77 | €2,423 | - | -€2,423 | |
| Profit (loss) for the period | 9904 | -€7,629 | -€2,411 | +€5,217 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,629 | -€2,411 | +€5,217 | +68.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.