CREPINET: 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.
CREPINET
Largest movements
- Cash -€9,405
down €9,405 (-26.4%), from €35,655 to €26,250
mainly Trade debts (-€19,066) and Investment in fixed assets (net) (-€4,530)
- Receivables within one year +€3,665
up €3,665 (+42.8%), from €8,558 to €12,223
of which Other amounts receivable: +€6,264
- Tangible fixed assets +€2,890
up €2,890 (+52.2%), from €5,532 to €8,422
of which Plant, machinery and equipment: +€3,470
- Trade debts -€19,066
down €19,066 (-50.5%), from €37,755 to €18,689
- Reserves +€8,123
new in 2025: €8,123
- Profit (loss) carried forward +€4,595
no longer reported in 2025 (was -€4,595)
- Accrued charges and deferred income +€1,500
up €1,500 (+50.0%), from €3,000 to €4,500
- Tax, wage and social debts +€1,315
up €1,315 (+83.0%), from €1,585 to €2,900
- Gross operating margin +€14,091
up €14,091 (+381%), from €3,700 to €17,791
- Taxes +€2,900
new in 2025: €2,900
- Depreciation +€1,469
up €1,469 (+859%), from €171 to €1,640
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 | €49,745 | €46,895 | -€2,850 | -5.7% |
| Fixed assets | 21/28 | €5,532 | €8,422 | +€2,890 | +52.2% |
| Tangible fixed assets | 22/27 | €5,532 | €8,422 | +€2,890 | +52.2% |
| Plant, machinery and equipment | 23 | €2,646 | €6,116 | +€3,470 | +131% |
| Furniture and vehicles | 24 | €2,886 | €2,306 | -€580 | -20.1% |
| Current assets | 29/58 | €44,213 | €38,473 | -€5,740 | -13.0% |
| Amounts receivable within one year | 40/41 | €8,558 | €12,223 | +€3,665 | +42.8% |
| Trade receivables | 40 | €8,558 | €5,959 | -€2,599 | -30.4% |
| Other amounts receivable | 41 | - | €6,264 | +€6,264 | |
| Cash at bank and in hand | 54/58 | €35,655 | €26,250 | -€9,405 | -26.4% |
| Total equity and liabilities | 10/49 | €49,745 | €46,895 | -€2,850 | -5.7% |
| Equity | 10/15 | €7,405 | €20,123 | +€12,718 | +172% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | - | €8,123 | +€8,123 | |
| Distributable reserves | 133 | - | €8,123 | +€8,123 | |
| Profit (loss) carried forward | 14 | -€4,595 | - | +€4,595 | |
| Amounts payable | 17/49 | €42,340 | €26,772 | -€15,568 | -36.8% |
| Amounts payable within one year | 42/48 | €39,340 | €22,272 | -€17,068 | -43.4% |
| Trade debts | 44 | €37,755 | €18,689 | -€19,066 | -50.5% |
| Suppliers | 440/4 | €37,755 | €18,689 | -€19,066 | -50.5% |
| Taxes, remuneration and social security | 45 | €1,585 | €2,900 | +€1,315 | +83.0% |
| Taxes | 450/3 | €1,585 | €2,900 | +€1,315 | +83.0% |
| Other amounts payable | 47/48 | - | €683 | +€683 | |
| Accrued charges and deferred income | 492/3 | €3,000 | €4,500 | +€1,500 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171 | €1,640 | +€1,469 | +859% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €3,700 | €17,791 | +€14,091 | +381% |
| Operating profit (loss) | 9901 | €3,142 | €15,751 | +€12,609 | +401% |
| Financial charges | 65/66B | €85 | €133 | +€48 | +56.5% |
| Recurring financial charges | 65 | €85 | €133 | +€48 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €3,057 | €15,618 | +€12,561 | +411% |
| Income taxes | 67/77 | - | €2,900 | +€2,900 | |
| Profit (loss) for the period | 9904 | €3,057 | €12,718 | +€9,661 | +316% |
| Profit (loss) for the period to be appropriated | 9905 | €3,057 | €12,718 | +€9,661 | +316% |
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 26 October 2026 via checked.be.