CRELI: 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.
CRELI
Largest movements
- Receivables within one year +€62,496
up €62,496 (+182%), from €34,280 to €96,776
of which Other amounts receivable: +€96,776
- Cash +€20,313
up €20,313 (+136%), from €14,964 to €35,277
mainly Net result for the year (+€101,695) and Other debts (+€44,396)
- Reserves +€101,803
up €101,803 (+261%), from €39,000 to €140,803
- Debts after one year -€60,440
down €60,440 (-6.8%), from €886,526 to €826,086
- Other debts +€44,396
up €44,396 (+106%), from €41,924 to €86,320
- Financial income +€52,970
new in 2025: €52,970
- Gross operating margin +€19,926
up €19,926 (+24.9%), from €80,147 to €100,073
- Taxes +€5,112
up €5,112 (+60.2%), from €8,495 to €13,607
- Financial charges -€2,975
down €2,975 (-7.4%), from €40,395 to €37,420
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,088,782 | €1,174,967 | +€86,186 | +7.9% |
| Fixed assets | 21/28 | €1,037,999 | €1,037,999 | = | 0.0% |
| Financial fixed assets | 28 | €1,037,999 | €1,037,999 | = | 0.0% |
| Current assets | 29/58 | €50,782 | €136,968 | +€86,186 | +170% |
| Amounts receivable within one year | 40/41 | €34,280 | €96,776 | +€62,496 | +182% |
| Trade receivables | 40 | €34,280 | - | -€34,280 | |
| Other amounts receivable | 41 | - | €96,776 | +€96,776 | |
| Cash at bank and in hand | 54/58 | €14,964 | €35,277 | +€20,313 | +136% |
| Deferred charges and accrued income | 490/1 | €1,539 | €4,916 | +€3,377 | +219% |
| Total equity and liabilities | 10/49 | €1,088,782 | €1,174,967 | +€86,186 | +7.9% |
| Equity | 10/15 | €76,608 | €178,303 | +€101,695 | +133% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €39,000 | €140,803 | +€101,803 | +261% |
| Distributable reserves | 133 | €39,000 | €140,803 | +€101,803 | +261% |
| Profit (loss) carried forward | 14 | €108 | - | -€108 | |
| Amounts payable | 17/49 | €1,012,174 | €996,665 | -€15,509 | -1.5% |
| Amounts payable after more than one year | 17 | €886,526 | €826,086 | -€60,440 | -6.8% |
| Financial debts | 170/4 | €886,526 | €826,086 | -€60,440 | -6.8% |
| Amounts payable within one year | 42/48 | €118,454 | €163,572 | +€45,118 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €62,672 | €65,362 | +€2,690 | +4.3% |
| Financial debts | 43 | - | €5,090 | +€5,090 | |
| Credit institutions | 430/8 | - | €5,090 | +€5,090 | |
| Trade debts | 44 | €89 | €264 | +€175 | +198% |
| Suppliers | 440/4 | €89 | €264 | +€175 | +198% |
| Taxes, remuneration and social security | 45 | €13,769 | €6,536 | -€7,233 | -52.5% |
| Taxes | 450/3 | €13,769 | €6,536 | -€7,233 | -52.5% |
| Other amounts payable | 47/48 | €41,924 | €86,320 | +€44,396 | +106% |
| Accrued charges and deferred income | 492/3 | €7,194 | €7,007 | -€187 | -2.6% |
| Other operating charges | 640/8 | €338 | €321 | -€17 | -5.1% |
| Gross operating margin | 9900 | €80,147 | €100,073 | +€19,926 | +24.9% |
| Operating profit (loss) | 9901 | €79,809 | €99,752 | +€19,943 | +25.0% |
| Financial income | 75/76B | - | €52,970 | +€52,970 | |
| Recurring financial income | 75 | - | €52,970 | +€52,970 | |
| Financial charges | 65/66B | €40,395 | €37,420 | -€2,975 | -7.4% |
| Recurring financial charges | 65 | €40,395 | €37,420 | -€2,975 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €39,414 | €115,302 | +€75,888 | +193% |
| Income taxes | 67/77 | €8,495 | €13,607 | +€5,112 | +60.2% |
| Profit (loss) for the period | 9904 | €30,919 | €101,695 | +€70,776 | +229% |
| Profit (loss) for the period to be appropriated | 9905 | €30,919 | €101,695 | +€70,776 | +229% |
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 28 October 2026 via checked.be.