CREMAI: 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.
CREMAI
Largest movements
- Cash +€21,050
up €21,050 (+299.1%), from €7,038 to €28,088
mainly Trade debts (+€45,288) and Receivables within one year (+€13,205)
- Receivables within one year -€13,205
down €13,205 (-17.8%), from €74,218 to €61,013
- Stocks and contracts +€12,112
new in 2023: €12,112
- Tangible fixed assets +€11,219
up €11,219 (+134.0%), from €8,375 to €19,594
- Financial fixed assets +€5,000
new in 2023: €5,000
- Trade debts +€45,288
up €45,288 (+160.4%), from €28,233 to €73,521
- Profit (loss) carried forward -€9,250
down €9,250 (-25.0%), from €37,001 to €27,751
- Purchases and services +€10,563
up €10,563 (+10.4%), from €101,311 to €111,874
- Staff costs -€7,808
down €7,808 (-53.1%), from €14,717 to €6,909
- Other operating charges +€6,931
up €6,931 (+167.0%), from €4,151 to €11,083
- Turnover -€3,849
down €3,849 (-3.3%), from €118,410 to €114,561
- Depreciation +€2,500
up €2,500 (+39.8%), from €6,281 to €8,781
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,631 | €125,807 | +€36,176 | +40.4% |
| Fixed assets | 21/28 | €8,375 | €24,594 | +€16,219 | +193.7% |
| Tangible fixed assets | 22/27 | €8,375 | €19,594 | +€11,219 | +134.0% |
| Furniture and vehicles | 24 | €8,375 | €19,594 | +€11,219 | +134.0% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €81,256 | €101,213 | +€19,957 | +24.6% |
| Stocks and contracts in progress | 3 | - | €12,112 | +€12,112 | |
| Stocks | 30/36 | - | €12,112 | +€12,112 | |
| Amounts receivable within one year | 40/41 | €74,218 | €61,013 | -€13,205 | -17.8% |
| Other amounts receivable | 41 | €74,218 | €61,013 | -€13,205 | -17.8% |
| Cash at bank and in hand | 54/58 | €7,038 | €28,088 | +€21,050 | +299.1% |
| Total equity and liabilities | 10/49 | €89,631 | €125,807 | +€36,176 | +40.4% |
| Equity | 10/15 | €51,001 | €41,751 | -€9,250 | -18.1% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Outside capital | 11 | €14,000 | €14,000 | = | 0.0% |
| Share premium | 1100/10 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,001 | €27,751 | -€9,250 | -25.0% |
| Amounts payable | 17/49 | €38,630 | €84,056 | +€45,426 | +117.6% |
| Amounts payable within one year | 42/48 | €38,630 | €84,056 | +€45,426 | +117.6% |
| Trade debts | 44 | €28,233 | €73,521 | +€45,288 | +160.4% |
| Suppliers | 440/4 | €28,233 | €73,521 | +€45,288 | +160.4% |
| Taxes, remuneration and social security | 45 | €10,397 | €10,535 | +€138 | +1.3% |
| Taxes | 450/3 | €10,397 | €10,535 | +€138 | +1.3% |
| Turnover | 70 | €118,410 | €114,561 | -€3,849 | -3.3% |
| Non-recurring operating income | 76A | - | €14,995 | +€14,995 | |
| Goods, raw materials, services and sundry goods | 60/61 | €101,311 | €111,874 | +€10,563 | +10.4% |
| Remuneration, social security and pensions | 62 | €14,717 | €6,909 | -€7,808 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,281 | €8,781 | +€2,500 | +39.8% |
| Other operating charges | 640/8 | €4,151 | €11,083 | +€6,931 | +167.0% |
| Gross operating margin | 9900 | €17,099 | €17,682 | +€583 | +3.4% |
| Operating profit (loss) | 9901 | -€8,050 | -€9,091 | -€1,040 | -12.9% |
| Financial charges | 65/66B | €156 | €159 | +€4 | +2.3% |
| Recurring financial charges | 65 | €156 | €159 | +€4 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,206 | -€9,250 | -€1,044 | -12.7% |
| Profit (loss) for the period | 9904 | -€8,206 | -€9,250 | -€1,044 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,206 | -€9,250 | -€1,044 | -12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.