CREMMERY G & J: 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.
CREMMERY G & J
Largest movements
- Tangible fixed assets -€19,692
down €19,692 (-6.4%), from €309,133 to €289,440
of which Land and buildings: -€17,029
- Receivables within one year -€12,744
down €12,744 (-60.0%), from €21,255 to €8,512
of which Trade receivables: -€17,427
- Cash +€5,018
up €5,018 (+4.7%), from €106,988 to €112,007
mainly Depreciation (+€21,070) and Contributions, distributions and other (+€20,365)
- Provisions -€24,170
down €24,170 (-31.4%), from €76,997 to €52,826
- Other debts -€8,709
down €8,709 (-7.0%), from €123,927 to €115,218
- Reserves +€7,380
up €7,380 (+3.6%), from €205,581 to €212,961
of which Tax-exempt reserves: +€8,948
- Gross operating margin -€33,476
down €33,476 (-72.6%), from €46,116 to €12,640
- Taxes -€10,573
down €10,573 (-96.9%), from €10,915 to €342
- Depreciation -€1,426
down €1,426 (-6.3%), from €22,496 to €21,070
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 | €446,682 | €418,581 | -€28,100 | -6.3% |
| Fixed assets | 21/28 | €309,133 | €289,440 | -€19,692 | -6.4% |
| Tangible fixed assets | 22/27 | €309,133 | €289,440 | -€19,692 | -6.4% |
| Land and buildings | 22 | €305,136 | €288,106 | -€17,029 | -5.6% |
| Plant, machinery and equipment | 23 | €309 | €1,187 | +€877 | +284% |
| Furniture and vehicles | 24 | €3,687 | €147 | -€3,540 | -96.0% |
| Current assets | 29/58 | €137,549 | €129,141 | -€8,408 | -6.1% |
| Stocks and contracts in progress | 3 | €2,114 | €1,613 | -€501 | -23.7% |
| Stocks | 30/36 | €2,114 | €1,613 | -€501 | -23.7% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €21,255 | €8,512 | -€12,744 | -60.0% |
| Trade receivables | 40 | €20,099 | €2,672 | -€17,427 | -86.7% |
| Other amounts receivable | 41 | €1,156 | €5,840 | +€4,684 | +405% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €106,988 | €112,007 | +€5,018 | +4.7% |
| Deferred charges and accrued income | 490/1 | €6,941 | €6,760 | -€181 | -2.6% |
| Total equity and liabilities | 10/49 | €446,682 | €418,581 | -€28,100 | -6.3% |
| Equity | 10/15 | €231,620 | €239,000 | +€7,380 | +3.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €6,039 | €6,039 | = | 0.0% |
| Reserves | 13 | €205,581 | €212,961 | +€7,380 | +3.6% |
| Tax-exempt reserves | 132 | €149,531 | €158,479 | +€8,948 | +6.0% |
| Distributable reserves | 133 | €56,050 | €54,482 | -€1,568 | -2.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €76,997 | €52,826 | -€24,170 | -31.4% |
| Deferred taxes | 168 | €76,997 | €52,826 | -€24,170 | -31.4% |
| Amounts payable | 17/49 | €138,065 | €126,755 | -€11,310 | -8.2% |
| Amounts payable within one year | 42/48 | €137,419 | €126,755 | -€10,664 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,124 | €3,219 | -€905 | -21.9% |
| Suppliers | 440/4 | €4,124 | €3,219 | -€905 | -21.9% |
| Taxes, remuneration and social security | 45 | €9,369 | €8,318 | -€1,050 | -11.2% |
| Taxes | 450/3 | €9,369 | €8,318 | -€1,050 | -11.2% |
| Other amounts payable | 47/48 | €123,927 | €115,218 | -€8,709 | -7.0% |
| Accrued charges and deferred income | 492/3 | €646 | €0 | -€646 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,496 | €21,070 | -€1,426 | -6.3% |
| Other operating charges | 640/8 | €7,849 | €7,431 | -€418 | -5.3% |
| Gross operating margin | 9900 | €46,116 | €12,640 | -€33,476 | -72.6% |
| Operating profit (loss) | 9901 | €15,771 | -€15,861 | -€31,632 | |
| Financial income | 75/76B | €596 | €268 | -€328 | -55.0% |
| Recurring financial income | 75 | €596 | €268 | -€328 | -55.0% |
| Financial charges | 65/66B | €617 | €855 | +€238 | +38.6% |
| Recurring financial charges | 65 | €617 | €855 | +€238 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €15,750 | -€16,448 | -€32,198 | |
| Transfer from deferred taxes | 780 | €5,182 | €3,806 | -€1,377 | -26.6% |
| Income taxes | 67/77 | €10,915 | €342 | -€10,573 | -96.9% |
| Profit (loss) for the period | 9904 | €10,017 | -€12,985 | -€23,002 | |
| Transfer from tax-exempt reserves | 789 | €10,064 | €11,417 | +€1,352 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,082 | -€1,568 | -€21,650 |
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 30 October 2026 via checked.be.