CREMERS KOEN: 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.
CREMERS KOEN
Largest movements
- Receivables within one year +€68,480
up €68,480 (+409%), from €16,749 to €85,228
of which Trade receivables: +€55,120
- Tangible fixed assets -€9,252
down €9,252 (-24.4%), from €37,908 to €28,656
of which Furniture and vehicles: -€7,733
- Cash +€8,359
up €8,359 (+33.4%), from €25,062 to €33,421
mainly Advances received (+€30,457) and Net result for the year (+€24,988)
- Advances received +€30,457
new in 2025: €30,457
- Reserves +€24,500
up €24,500 (+176%), from €13,890 to €38,390
of which Distributable reserves: +€24,500
- Trade debts +€10,748
up €10,748 (+74.3%), from €14,468 to €25,217
- Tax, wage and social debts +€4,253
up €4,253 (+54.1%), from €7,854 to €12,106
- Other debts -€2,859
no longer reported in 2025 (was €2,859)
- Gross operating margin +€17,499
up €17,499 (+68.6%), from €25,494 to €42,994
- Depreciation +€5,605
up €5,605 (+154%), from €3,647 to €9,252
- Taxes +€2,450
new in 2025: €2,450
- Other operating charges +€2,270
up €2,270 (+68.1%), from €3,332 to €5,602
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 | €79,719 | €147,305 | +€67,587 | +84.8% |
| Fixed assets | 21/28 | €37,908 | €28,656 | -€9,252 | -24.4% |
| Tangible fixed assets | 22/27 | €37,908 | €28,656 | -€9,252 | -24.4% |
| Plant, machinery and equipment | 23 | €3,416 | €1,898 | -€1,518 | -44.4% |
| Furniture and vehicles | 24 | €34,492 | €26,758 | -€7,733 | -22.4% |
| Current assets | 29/58 | €41,811 | €118,649 | +€76,838 | +184% |
| Amounts receivable within one year | 40/41 | €16,749 | €85,228 | +€68,480 | +409% |
| Trade receivables | 40 | €2,333 | €57,453 | +€55,120 | +2,363% |
| Other amounts receivable | 41 | €14,416 | €27,775 | +€13,360 | +92.7% |
| Cash at bank and in hand | 54/58 | €25,062 | €33,421 | +€8,359 | +33.4% |
| Total equity and liabilities | 10/49 | €79,719 | €147,305 | +€67,587 | +84.8% |
| Equity | 10/15 | €54,538 | €79,525 | +€24,988 | +45.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,890 | €38,390 | +€24,500 | +176% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,030 | €12,030 | = | 0.0% |
| Distributable reserves | 133 | - | €24,500 | +€24,500 | |
| Profit (loss) carried forward | 14 | €22,047 | €22,535 | +€488 | +2.2% |
| Amounts payable | 17/49 | €25,181 | €67,780 | +€42,599 | +169% |
| Amounts payable within one year | 42/48 | €25,181 | €67,780 | +€42,599 | +169% |
| Trade debts | 44 | €14,468 | €25,217 | +€10,748 | +74.3% |
| Suppliers | 440/4 | €14,468 | €25,217 | +€10,748 | +74.3% |
| Advances received on contracts in progress | 46 | - | €30,457 | +€30,457 | |
| Taxes, remuneration and social security | 45 | €7,854 | €12,106 | +€4,253 | +54.1% |
| Taxes | 450/3 | €7,854 | €12,106 | +€4,253 | +54.1% |
| Other amounts payable | 47/48 | €2,859 | - | -€2,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,647 | €9,252 | +€5,605 | +154% |
| Other operating charges | 640/8 | €3,332 | €5,602 | +€2,270 | +68.1% |
| Gross operating margin | 9900 | €25,494 | €42,994 | +€17,499 | +68.6% |
| Operating profit (loss) | 9901 | €18,515 | €28,140 | +€9,625 | +52.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €710 | €703 | -€7 | -1.0% |
| Recurring financial charges | 65 | €710 | €703 | -€7 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €17,805 | €27,438 | +€9,633 | +54.1% |
| Income taxes | 67/77 | - | €2,450 | +€2,450 | |
| Profit (loss) for the period | 9904 | €17,805 | €24,988 | +€7,183 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,805 | €24,988 | +€7,183 | +40.3% |
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 29 October 2026 via checked.be.