Crépi-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.
Crépi-Concept
Largest movements
- Tangible fixed assets -€21,932
no longer reported in 2025 (was €21,932)
- Cash -€19,162
down €19,162 (-95.6%), from €20,050 to €889
mainly Tax, wage and social debts (-€16,165) and Trade debts (-€7,420)
- Receivables within one year +€5,526
up €5,526 (+35.8%), from €15,432 to €20,958
of which Other amounts receivable: +€6,242
- Formation expenses -€696
no longer reported in 2025 (was €696)
- Tax, wage and social debts -€16,165
down €16,165 (-90.7%), from €17,816 to €1,650
of which Taxes: -€14,004
- Trade debts -€7,420
down €7,420 (-97.6%), from €7,602 to €182
- Profit (loss) carried forward -€4,867
down €4,867 (-630.2%), from -€772 to -€5,639
- Current portion of long-term debt -€3,983
no longer reported in 2025 (was €3,983)
- Debts after one year -€3,829
no longer reported in 2025 (was €3,829)
- Gross operating margin -€64,774
down €64,774 (-75.9%), from €85,364 to €20,590
- Staff costs -€34,821
down €34,821 (-58.4%), from €59,578 to €24,756
- Depreciation -€14,730
no longer reported in 2025 (was €14,730)
- Other operating charges -€8,237
down €8,237 (-95.6%), from €8,617 to €380
- Financial charges -€2,518
down €2,518 (-76.0%), from €3,313 to €794
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.
Cash bridge derived
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 | €58,110 | €21,846 | -€36,264 | -62.4% |
| Formation expenses | 20 | €696 | - | -€696 | |
| Fixed assets | 21/28 | €21,932 | - | -€21,932 | |
| Tangible fixed assets | 22/27 | €21,932 | - | -€21,932 | |
| Land and buildings | 22 | €4,415 | - | -€4,415 | |
| Plant, machinery and equipment | 23 | €10,025 | - | -€10,025 | |
| Furniture and vehicles | 24 | €7,493 | - | -€7,493 | |
| Current assets | 29/58 | €35,482 | €21,846 | -€13,636 | -38.4% |
| Amounts receivable within one year | 40/41 | €15,432 | €20,958 | +€5,526 | +35.8% |
| Trade receivables | 40 | €3,690 | €2,975 | -€716 | -19.4% |
| Other amounts receivable | 41 | €11,741 | €17,983 | +€6,242 | +53.2% |
| Cash at bank and in hand | 54/58 | €20,050 | €889 | -€19,162 | -95.6% |
| Total equity and liabilities | 10/49 | €58,110 | €21,846 | -€36,264 | -62.4% |
| Equity | 10/15 | €24,881 | €20,014 | -€4,867 | -19.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,653 | €5,653 | = | 0.0% |
| Distributable reserves | 133 | €5,653 | €5,653 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€772 | -€5,639 | -€4,867 | -630.2% |
| Amounts payable | 17/49 | €33,229 | €1,832 | -€31,397 | -94.5% |
| Amounts payable after more than one year | 17 | €3,829 | - | -€3,829 | |
| Financial debts | 170/4 | €3,829 | - | -€3,829 | |
| Amounts payable within one year | 42/48 | €29,400 | €1,832 | -€27,568 | -93.8% |
| Current portion of amounts payable after more than one year | 42 | €3,983 | - | -€3,983 | |
| Trade debts | 44 | €7,602 | €182 | -€7,420 | -97.6% |
| Suppliers | 440/4 | €7,602 | €182 | -€7,420 | -97.6% |
| Taxes, remuneration and social security | 45 | €17,816 | €1,650 | -€16,165 | -90.7% |
| Taxes | 450/3 | €14,004 | - | -€14,004 | |
| Remuneration and social security | 454/9 | €3,812 | €1,650 | -€2,161 | -56.7% |
| Remuneration, social security and pensions | 62 | €59,578 | €24,756 | -€34,821 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,730 | - | -€14,730 | |
| Other operating charges | 640/8 | €8,617 | €380 | -€8,237 | -95.6% |
| Gross operating margin | 9900 | €85,364 | €20,590 | -€64,774 | -75.9% |
| Operating profit (loss) | 9901 | €2,439 | -€4,547 | -€6,985 | |
| Financial income | 75/76B | €101 | €474 | +€372 | +366.9% |
| Recurring financial income | 75 | €101 | €474 | +€372 | +366.9% |
| Financial charges | 65/66B | €3,313 | €794 | -€2,518 | -76.0% |
| Recurring financial charges | 65 | €3,313 | €794 | -€2,518 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | -€772 | -€4,867 | -€4,095 | -530.2% |
| Profit (loss) for the period | 9904 | -€772 | -€4,867 | -€4,095 | -530.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€772 | -€4,867 | -€4,095 | -530.2% |
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 12 October 2026 via checked.be.