CRELISO: 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.
CRELISO
Largest movements
- Tangible fixed assets +€61,287
up €61,287 (+1000.9%), from €6,123 to €67,410
- Receivables within one year +€31,282
up €31,282 (+7.9%), from €397,368 to €428,650
of which Trade receivables: +€16,752
- Stocks and contracts -€19,344
down €19,344 (-12.9%), from €150,087 to €130,743
of which Contracts in progress: -€17,409
- Debts after one year +€54,631
new in 2025: €54,631
- Reserves +€21,152
up €21,152 (+7.3%), from €291,530 to €312,683
of which Distributable reserves: +€21,152
- Other debts -€8,749
down €8,749 (-5.7%), from €154,233 to €145,484
- Current portion of long-term debt +€6,900
up €6,900 (+78.7%), from €8,772 to €15,673
- Gross operating margin +€3,457
up €3,457 (+9.5%), from €36,224 to €39,680
- Financial charges +€638
up €638 (+107.0%), from €597 to €1,235
- Taxes +€550
up €550 (+6.6%), from €8,395 to €8,945
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 | €570,412 | €646,628 | +€76,216 | +13.4% |
| Fixed assets | 21/28 | €6,123 | €67,410 | +€61,287 | +1000.9% |
| Tangible fixed assets | 22/27 | €6,123 | €67,410 | +€61,287 | +1000.9% |
| Furniture and vehicles | 24 | €6,123 | €67,410 | +€61,287 | +1000.9% |
| Current assets | 29/58 | €564,288 | €579,218 | +€14,929 | +2.6% |
| Stocks and contracts in progress | 3 | €150,087 | €130,743 | -€19,344 | -12.9% |
| Stocks | 30/36 | €72,090 | €70,156 | -€1,935 | -2.7% |
| Contracts in progress | 37 | €77,997 | €60,587 | -€17,409 | -22.3% |
| Amounts receivable within one year | 40/41 | €397,368 | €428,650 | +€31,282 | +7.9% |
| Trade receivables | 40 | €381,689 | €398,441 | +€16,752 | +4.4% |
| Other amounts receivable | 41 | €15,679 | €30,209 | +€14,530 | +92.7% |
| Cash at bank and in hand | 54/58 | €12,325 | €14,889 | +€2,564 | +20.8% |
| Deferred charges and accrued income | 490/1 | €4,508 | €4,936 | +€428 | +9.5% |
| Total equity and liabilities | 10/49 | €570,412 | €646,628 | +€76,216 | +13.4% |
| Equity | 10/15 | €310,130 | €331,283 | +€21,152 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €291,530 | €312,683 | +€21,152 | +7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €289,670 | €310,823 | +€21,152 | +7.3% |
| Amounts payable | 17/49 | €260,281 | €315,346 | +€55,064 | +21.2% |
| Amounts payable after more than one year | 17 | - | €54,631 | +€54,631 | |
| Financial debts | 170/4 | - | €54,631 | +€54,631 | |
| Amounts payable within one year | 42/48 | €260,281 | €260,715 | +€433 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €8,772 | €15,673 | +€6,900 | +78.7% |
| Trade debts | 44 | €97,276 | €97,172 | -€104 | -0.1% |
| Suppliers | 440/4 | €97,276 | €97,172 | -€104 | -0.1% |
| Taxes, remuneration and social security | 45 | - | €2,386 | +€2,386 | |
| Taxes | 450/3 | - | €2,386 | +€2,386 | |
| Other amounts payable | 47/48 | €154,233 | €145,484 | -€8,749 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,858 | €8,613 | -€245 | -2.8% |
| Other operating charges | 640/8 | €1,020 | €800 | -€220 | -21.6% |
| Gross operating margin | 9900 | €36,224 | €39,680 | +€3,457 | +9.5% |
| Operating profit (loss) | 9901 | €26,345 | €30,267 | +€3,922 | +14.9% |
| Financial income | 75/76B | €1,144 | €1,065 | -€79 | -6.9% |
| Recurring financial income | 75 | €1,144 | €1,065 | -€79 | -6.9% |
| Financial charges | 65/66B | €597 | €1,235 | +€638 | +107.0% |
| Recurring financial charges | 65 | €597 | €1,235 | +€638 | +107.0% |
| Profit (loss) for the period before taxes | 9903 | €26,892 | €30,097 | +€3,205 | +11.9% |
| Income taxes | 67/77 | €8,395 | €8,945 | +€550 | +6.6% |
| Profit (loss) for the period | 9904 | €18,497 | €21,152 | +€2,655 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,497 | €21,152 | +€2,655 | +14.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.