CreveTec: what changed
Two fiscal 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.
CreveTec
Largest movements
- Cash -€32,839
down €32,839 (-87.9%), from €37,366 to €4,526
mainly Trade debts (-€119,727) and Stocks and contracts (-€9,290)
- Tangible fixed assets -€27,184
down €27,184 (-11.8%), from €229,751 to €202,567
of which Land and buildings: -€21,928
- Stocks and contracts +€9,290
up €9,290 (+81.4%), from €11,409 to €20,699
- Trade debts -€119,727
down €119,727 (-94.7%), from €126,387 to €6,660
- Profit (loss) carried forward +€44,441
up €44,441, from -€44,441 to €0
- Reserves +€18,048
up €18,048 (+14.7%), from €122,860 to €140,908
of which Distributable reserves: +€18,048
- Advances received +€15,814
up €15,814 (+10542.5%), from €150 to €15,964
- Investment grants -€5,674
down €5,674 (-14.5%), from €39,184 to €33,511
- Other operating charges -€227,260
down €227,260 (-99.2%), from €229,141 to €1,881
- Gross operating margin -€179,844
down €179,844 (-55.5%), from €323,976 to €144,131
- Depreciation -€8,032
down €8,032 (-22.8%), from €35,216 to €27,184
- Staff costs -€4,953
down €4,953 (-7.8%), from €63,590 to €58,637
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 | €317,145 | €264,567 | -€52,578 | -16.6% |
| Fixed assets | 21/28 | €233,251 | €206,067 | -€27,184 | -11.7% |
| Tangible fixed assets | 22/27 | €229,751 | €202,567 | -€27,184 | -11.8% |
| Land and buildings | 22 | €206,654 | €184,726 | -€21,928 | -10.6% |
| Plant, machinery and equipment | 23 | €23,097 | €17,842 | -€5,255 | -22.8% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €83,894 | €58,499 | -€25,394 | -30.3% |
| Stocks and contracts in progress | 3 | €11,409 | €20,699 | +€9,290 | +81.4% |
| Stocks | 30/36 | €11,409 | €20,699 | +€9,290 | +81.4% |
| Amounts receivable within one year | 40/41 | €32,833 | €30,837 | -€1,996 | -6.1% |
| Trade receivables | 40 | €26,203 | €30,837 | +€4,634 | +17.7% |
| Other amounts receivable | 41 | €6,631 | €0 | -€6,631 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,366 | €4,526 | -€32,839 | -87.9% |
| Deferred charges and accrued income | 490/1 | €2,286 | €2,438 | +€152 | +6.6% |
| Total equity and liabilities | 10/49 | €317,145 | €264,567 | -€52,578 | -16.6% |
| Equity | 10/15 | €136,203 | €193,018 | +€56,815 | +41.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,860 | €140,908 | +€18,048 | +14.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €122,860 | €140,908 | +€18,048 | +14.7% |
| Profit (loss) carried forward | 14 | -€44,441 | €0 | +€44,441 | |
| Investment grants | 15 | €39,184 | €33,511 | -€5,674 | -14.5% |
| Provisions and deferred taxes | 16 | €9,796 | €8,378 | -€1,418 | -14.5% |
| Deferred taxes | 168 | €9,796 | €8,378 | -€1,418 | -14.5% |
| Amounts payable | 17/49 | €171,146 | €63,171 | -€107,975 | -63.1% |
| Amounts payable within one year | 42/48 | €171,146 | €63,171 | -€107,975 | -63.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Other loans | 439 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €126,387 | €6,660 | -€119,727 | -94.7% |
| Suppliers | 440/4 | €126,387 | €6,660 | -€119,727 | -94.7% |
| Advances received on contracts in progress | 46 | €150 | €15,964 | +€15,814 | +10542.5% |
| Taxes, remuneration and social security | 45 | €5,375 | €6,146 | +€771 | +14.4% |
| Taxes | 450/3 | €148 | €872 | +€724 | +488.3% |
| Remuneration and social security | 454/9 | €5,227 | €5,275 | +€48 | +0.9% |
| Other amounts payable | 47/48 | €14,234 | €9,401 | -€4,833 | -34.0% |
| Remuneration, social security and pensions | 62 | €63,590 | €58,637 | -€4,953 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,216 | €27,184 | -€8,032 | -22.8% |
| Other operating charges | 640/8 | €229,141 | €1,881 | -€227,260 | -99.2% |
| Gross operating margin | 9900 | €323,976 | €144,131 | -€179,844 | -55.5% |
| Operating profit (loss) | 9901 | -€3,970 | €56,430 | +€60,400 | |
| Financial income | 75/76B | €8,671 | €5,846 | -€2,824 | -32.6% |
| Recurring financial income | 75 | €8,671 | €5,846 | -€2,824 | -32.6% |
| Financial charges | 65/66B | €2,093 | €1,013 | -€1,080 | -51.6% |
| Recurring financial charges | 65 | €2,093 | €1,013 | -€1,080 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €2,608 | €61,264 | +€58,656 | +2249.0% |
| Transfer from deferred taxes | 780 | €3,875 | €1,418 | -€2,457 | -63.4% |
| Income taxes | 67/77 | €148 | €193 | +€45 | +30.4% |
| Profit (loss) for the period | 9904 | €6,335 | €62,489 | +€56,154 | +886.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,335 | €62,489 | +€56,154 | +886.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.