Crelis: 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.
Crelis
Largest movements
- Tangible fixed assets +€40,429
up €40,429 (+617%), from €6,556 to €46,985
of which Furniture and vehicles: +€40,635
- Cash +€5,122
up €5,122 (+25.7%), from €19,895 to €25,017
mainly Debts after one year (+€26,736) and Depreciation (+€7,870)
- Deferred charges and accrued income -€1,024
down €1,024 (-44.6%), from €2,294 to €1,270
- Debts after one year +€26,736
up €26,736 (+811%), from €3,298 to €30,035
- Trade debts +€6,818
up €6,818 (+188%), from €3,618 to €10,437
- Current portion of long-term debt +€6,561
up €6,561 (+157%), from €4,187 to €10,748
- Reserves +€4,749
up €4,749 (+196%), from €2,426 to €7,175
- Other debts -€966
down €966 (-8.0%), from €12,099 to €11,132
- Gross operating margin +€9,332
up €9,332 (+83.4%), from €11,185 to €20,517
- Taxes +€2,871
up €2,871 (+133%), from €2,164 to €5,035
- Depreciation +€1,542
up €1,542 (+24.4%), from €6,327 to €7,870
- Other operating charges -€432
down €432 (-27.8%), from €1,552 to €1,121
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 | €43,759 | €88,095 | +€44,336 | +101% |
| Fixed assets | 21/28 | €6,556 | €46,985 | +€40,429 | +617% |
| Tangible fixed assets | 22/27 | €6,556 | €46,985 | +€40,429 | +617% |
| Furniture and vehicles | 24 | €4,619 | €45,254 | +€40,635 | +880% |
| Other tangible fixed assets | 26 | €1,937 | €1,731 | -€207 | -10.7% |
| Current assets | 29/58 | €37,203 | €41,110 | +€3,907 | +10.5% |
| Amounts receivable within one year | 40/41 | €15,014 | €14,823 | -€191 | -1.3% |
| Trade receivables | 40 | €15,014 | €14,823 | -€191 | -1.3% |
| Cash at bank and in hand | 54/58 | €19,895 | €25,017 | +€5,122 | +25.7% |
| Deferred charges and accrued income | 490/1 | €2,294 | €1,270 | -€1,024 | -44.6% |
| Total equity and liabilities | 10/49 | €43,759 | €88,095 | +€44,336 | +101% |
| Equity | 10/15 | €5,426 | €10,175 | +€4,749 | +87.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,426 | €7,175 | +€4,749 | +196% |
| Distributable reserves | 133 | €2,426 | €7,175 | +€4,749 | +196% |
| Amounts payable | 17/49 | €38,333 | €77,920 | +€39,587 | +103% |
| Amounts payable after more than one year | 17 | €3,298 | €30,035 | +€26,736 | +811% |
| Financial debts | 170/4 | €3,298 | €30,035 | +€26,736 | +811% |
| Amounts payable within one year | 42/48 | €35,035 | €47,885 | +€12,851 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €4,187 | €10,748 | +€6,561 | +157% |
| Trade debts | 44 | €3,618 | €10,437 | +€6,818 | +188% |
| Suppliers | 440/4 | €3,618 | €10,437 | +€6,818 | +188% |
| Taxes, remuneration and social security | 45 | €15,131 | €15,568 | +€437 | +2.9% |
| Taxes | 450/3 | €13,396 | €13,833 | +€437 | +3.3% |
| Remuneration and social security | 454/9 | €1,735 | €1,735 | = | 0.0% |
| Other amounts payable | 47/48 | €12,099 | €11,132 | -€966 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,327 | €7,870 | +€1,542 | +24.4% |
| Other operating charges | 640/8 | €1,552 | €1,121 | -€432 | -27.8% |
| Non-recurring operating charges | 66A | - | €540 | +€540 | |
| Gross operating margin | 9900 | €11,185 | €20,517 | +€9,332 | +83.4% |
| Operating profit (loss) | 9901 | €3,306 | €10,987 | +€7,681 | +232% |
| Financial income | 75/76B | €29 | €38 | +€9 | +32.0% |
| Recurring financial income | 75 | €29 | €38 | +€9 | +32.0% |
| Financial charges | 65/66B | €1,086 | €1,241 | +€155 | +14.2% |
| Recurring financial charges | 65 | €1,086 | €1,241 | +€155 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €2,248 | €9,784 | +€7,536 | +335% |
| Income taxes | 67/77 | €2,164 | €5,035 | +€2,871 | +133% |
| Profit (loss) for the period | 9904 | €84 | €4,749 | +€4,665 | +5,542% |
| Profit (loss) for the period to be appropriated | 9905 | €84 | €4,749 | +€4,665 | +5,542% |
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 13 October 2026 via checked.be.