CREMERS RAYMOND: 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 RAYMOND
Largest movements
- Receivables within one year +€33,293
up €33,293 (+654%), from €5,090 to €38,383
of which Trade receivables: +€28,864
- Cash -€13,035
down €13,035 (-75.4%), from €17,290 to €4,255
mainly Receivables within one year (-€33,293) and Deferred charges and accrued income (-€6,260)
- Tangible fixed assets -€9,478
down €9,478 (-30.4%), from €31,199 to €21,721
of which Furniture and vehicles: -€12,500
- Deferred charges and accrued income +€6,260
up €6,260 (+4,448%), from €141 to €6,401
- Trade debts +€8,276
up €8,276 (+239%), from €3,461 to €11,738
- Other debts +€7,795
up €7,795 (+29.6%), from €26,368 to €34,164
- Reserves +€7,250
up €7,250 (+156%), from €4,645 to €11,895
- Debts after one year -€5,808
down €5,808 (-100%), from €5,808 to €0
- Gross operating margin +€10,470
up €10,470 (+77.4%), from €13,533 to €24,003
- Depreciation +€7,375
up €7,375 (+117%), from €6,301 to €13,677
- Taxes +€1,135
up €1,135 (+52.4%), from €2,166 to €3,301
- Financial income +€937
up €937 (+579%), from €162 to €1,099
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 | €53,719 | €70,759 | +€17,040 | +31.7% |
| Fixed assets | 21/28 | €31,199 | €21,721 | -€9,478 | -30.4% |
| Tangible fixed assets | 22/27 | €31,199 | €21,721 | -€9,478 | -30.4% |
| Plant, machinery and equipment | 23 | - | €3,022 | +€3,022 | |
| Furniture and vehicles | 24 | €31,199 | €18,699 | -€12,500 | -40.1% |
| Current assets | 29/58 | €22,521 | €49,039 | +€26,518 | +118% |
| Amounts receivable within one year | 40/41 | €5,090 | €38,383 | +€33,293 | +654% |
| Trade receivables | 40 | - | €28,864 | +€28,864 | |
| Other amounts receivable | 41 | €5,090 | €9,519 | +€4,429 | +87.0% |
| Cash at bank and in hand | 54/58 | €17,290 | €4,255 | -€13,035 | -75.4% |
| Deferred charges and accrued income | 490/1 | €141 | €6,401 | +€6,260 | +4,448% |
| Total equity and liabilities | 10/49 | €53,719 | €70,759 | +€17,040 | +31.7% |
| Equity | 10/15 | €9,645 | €16,895 | +€7,250 | +75.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,645 | €11,895 | +€7,250 | +156% |
| Distributable reserves | 133 | €4,645 | €11,895 | +€7,250 | +156% |
| Amounts payable | 17/49 | €44,075 | €53,864 | +€9,790 | +22.2% |
| Amounts payable after more than one year | 17 | €5,808 | €0 | -€5,808 | -100% |
| Financial debts | 170/4 | €5,808 | €0 | -€5,808 | -100% |
| Amounts payable within one year | 42/48 | €38,267 | €53,864 | +€15,597 | +40.8% |
| Financial debts | 43 | €6,282 | €5,808 | -€474 | -7.6% |
| Credit institutions | 430/8 | €6,282 | €5,808 | -€474 | -7.6% |
| Trade debts | 44 | €3,461 | €11,738 | +€8,276 | +239% |
| Suppliers | 440/4 | €3,461 | €11,738 | +€8,276 | +239% |
| Taxes, remuneration and social security | 45 | €2,155 | €2,155 | = | 0.0% |
| Taxes | 450/3 | €355 | €355 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €26,368 | €34,164 | +€7,795 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,301 | €13,677 | +€7,375 | +117% |
| Other operating charges | 640/8 | €530 | €686 | +€156 | +29.4% |
| Gross operating margin | 9900 | €13,533 | €24,003 | +€10,470 | +77.4% |
| Operating profit (loss) | 9901 | €6,701 | €9,640 | +€2,939 | +43.9% |
| Financial income | 75/76B | €162 | €1,099 | +€937 | +579% |
| Recurring financial income | 75 | €162 | €1,099 | +€937 | +579% |
| Financial charges | 65/66B | €51 | €187 | +€135 | +263% |
| Recurring financial charges | 65 | €51 | €187 | +€135 | +263% |
| Profit (loss) for the period before taxes | 9903 | €6,811 | €10,552 | +€3,741 | +54.9% |
| Income taxes | 67/77 | €2,166 | €3,301 | +€1,135 | +52.4% |
| Profit (loss) for the period | 9904 | €4,645 | €7,250 | +€2,606 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,645 | €7,250 | +€2,606 | +56.1% |
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 17 October 2026 via checked.be.