CRENIER ONE CONCEPT: 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.
CRENIER ONE CONCEPT
Largest movements
- Stocks and contracts -€11,967
down €11,967 (-18.0%), from €66,422 to €54,456
- Receivables within one year +€10,851
up €10,851 (+42.1%), from €25,767 to €36,618
of which Trade receivables: +€14,851
- Reserves +€34,200
up €34,200 (+30.8%), from €111,010 to €145,210
of which Distributable reserves: +€34,200
- Other debts -€29,030
down €29,030 (-91.5%), from €31,732 to €2,702
- Tax, wage and social debts -€4,018
down €4,018 (-29.0%), from €13,837 to €9,819
- Current portion of long-term debt -€2,736
no longer reported in 2025 (was €2,736)
- Advances received -€2,290
no longer reported in 2025 (was €2,290)
- Gross operating margin +€40,334
up €40,334 (+340%), from €11,856 to €52,190
- Taxes +€13,879
up €13,879 (+487%), from €2,850 to €16,729
- Financial charges -€1,858
down €1,858 (-56.6%), from €3,281 to €1,423
- Financial income -€929
down €929 (-29.1%), from €3,188 to €2,259
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 | €210,954 | €208,897 | -€2,058 | -1.0% |
| Fixed assets | 21/28 | €2,747 | €3,548 | +€802 | +29.2% |
| Tangible fixed assets | 22/27 | €2,747 | €3,548 | +€802 | +29.2% |
| Plant, machinery and equipment | 23 | €1,342 | €2,471 | +€1,129 | +84.2% |
| Other tangible fixed assets | 26 | €1,405 | €1,077 | -€328 | -23.3% |
| Current assets | 29/58 | €208,208 | €205,348 | -€2,860 | -1.4% |
| Stocks and contracts in progress | 3 | €66,422 | €54,456 | -€11,967 | -18.0% |
| Stocks | 30/36 | €66,422 | €54,456 | -€11,967 | -18.0% |
| Amounts receivable within one year | 40/41 | €25,767 | €36,618 | +€10,851 | +42.1% |
| Trade receivables | 40 | €18,617 | €33,467 | +€14,851 | +79.8% |
| Other amounts receivable | 41 | €7,150 | €3,150 | -€4,000 | -55.9% |
| Cash at bank and in hand | 54/58 | €116,018 | €114,275 | -€1,744 | -1.5% |
| Total equity and liabilities | 10/49 | €210,954 | €208,897 | -€2,058 | -1.0% |
| Equity | 10/15 | €158,654 | €192,873 | +€34,218 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,010 | €145,210 | +€34,200 | +30.8% |
| 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 | €109,150 | €143,350 | +€34,200 | +31.3% |
| Profit (loss) carried forward | 14 | €29,044 | €29,063 | +€18 | +0.1% |
| Amounts payable | 17/49 | €52,300 | €16,024 | -€36,276 | -69.4% |
| Amounts payable within one year | 42/48 | €52,300 | €16,024 | -€36,276 | -69.4% |
| Current portion of amounts payable after more than one year | 42 | €2,736 | - | -€2,736 | |
| Trade debts | 44 | €1,705 | €3,503 | +€1,798 | +105% |
| Suppliers | 440/4 | €1,705 | €3,503 | +€1,798 | +105% |
| Advances received on contracts in progress | 46 | €2,290 | - | -€2,290 | |
| Taxes, remuneration and social security | 45 | €13,837 | €9,819 | -€4,018 | -29.0% |
| Taxes | 450/3 | €13,837 | €9,819 | -€4,018 | -29.0% |
| Other amounts payable | 47/48 | €31,732 | €2,702 | -€29,030 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649 | €938 | +€289 | +44.6% |
| Other operating charges | 640/8 | €1,141 | €1,141 | -€0 | 0.0% |
| Gross operating margin | 9900 | €11,856 | €52,190 | +€40,334 | +340% |
| Operating profit (loss) | 9901 | €10,066 | €50,111 | +€40,045 | +398% |
| Financial income | 75/76B | €3,188 | €2,259 | -€929 | -29.1% |
| Recurring financial income | 75 | €3,188 | €2,259 | -€929 | -29.1% |
| Financial charges | 65/66B | €3,281 | €1,423 | -€1,858 | -56.6% |
| Recurring financial charges | 65 | €3,281 | €1,423 | -€1,858 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €9,973 | €50,947 | +€40,974 | +411% |
| Income taxes | 67/77 | €2,850 | €16,729 | +€13,879 | +487% |
| Profit (loss) for the period | 9904 | €7,123 | €34,218 | +€27,095 | +380% |
| Profit (loss) for the period to be appropriated | 9905 | €7,123 | €34,218 | +€27,095 | +380% |
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 25 October 2026 via checked.be.