CREVITS: 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.
CREVITS
Largest movements
- Cash -€101,078
down €101,078 (-50.5%), from €200,115 to €99,036
mainly Contributions, distributions and other (-€165,355) and Investment in fixed assets (net) (-€159,669)
- Reserves -€36,887
down €36,887 (-4.4%), from €832,466 to €795,579
of which Distributable reserves: -€36,887
- Debts after one year -€33,363
down €33,363 (-7.1%), from €470,063 to €436,701
- Gross operating margin -€33,184
down €33,184 (-8.5%), from €388,374 to €355,191
- Taxes -€15,673
down €15,673 (-21.6%), from €72,412 to €56,739
- Depreciation +€7,971
up €7,971 (+5.8%), from €137,857 to €145,828
- Financial charges -€5,707
down €5,707 (-27.4%), from €20,818 to €15,111
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 | €1,705,843 | €1,621,772 | -€84,070 | -4.9% |
| Fixed assets | 21/28 | €1,450,105 | €1,463,946 | +€13,841 | +1.0% |
| Tangible fixed assets | 22/27 | €1,450,105 | €1,463,946 | +€13,841 | +1.0% |
| Land and buildings | 22 | €953,390 | €943,858 | -€9,532 | -1.0% |
| Plant, machinery and equipment | 23 | €305,564 | €356,305 | +€50,741 | +16.6% |
| Furniture and vehicles | 24 | €27,441 | €74 | -€27,368 | -99.7% |
| Other tangible fixed assets | 26 | €163,710 | €163,710 | = | 0.0% |
| Current assets | 29/58 | €255,737 | €157,826 | -€97,912 | -38.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €42,954 | -€7,046 | -14.1% |
| Other amounts receivable | 291 | €50,000 | €42,954 | -€7,046 | -14.1% |
| Amounts receivable within one year | 40/41 | - | €9,358 | +€9,358 | |
| Other amounts receivable | 41 | - | €9,358 | +€9,358 | |
| Cash at bank and in hand | 54/58 | €200,115 | €99,036 | -€101,078 | -50.5% |
| Deferred charges and accrued income | 490/1 | €5,623 | €6,477 | +€855 | +15.2% |
| Total equity and liabilities | 10/49 | €1,705,843 | €1,621,772 | -€84,070 | -4.9% |
| Equity | 10/15 | €853,466 | €816,579 | -€36,887 | -4.3% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €832,466 | €795,579 | -€36,887 | -4.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €832,466 | €795,579 | -€36,887 | -4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €852,376 | €805,193 | -€47,183 | -5.5% |
| Amounts payable after more than one year | 17 | €470,063 | €436,701 | -€33,363 | -7.1% |
| Financial debts | 170/4 | €470,063 | €436,701 | -€33,363 | -7.1% |
| Amounts payable within one year | 42/48 | €377,778 | €366,378 | -€11,400 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €172,504 | €170,528 | -€1,975 | -1.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €22,815 | €7,412 | -€15,403 | -67.5% |
| Taxes | 450/3 | €22,815 | €7,412 | -€15,403 | -67.5% |
| Other amounts payable | 47/48 | €182,459 | €188,437 | +€5,979 | +3.3% |
| Accrued charges and deferred income | 492/3 | €4,535 | €2,114 | -€2,421 | -53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,857 | €145,828 | +€7,971 | +5.8% |
| Other operating charges | 640/8 | €10,177 | €10,491 | +€314 | +3.1% |
| Gross operating margin | 9900 | €388,374 | €355,191 | -€33,184 | -8.5% |
| Operating profit (loss) | 9901 | €240,341 | €198,872 | -€41,468 | -17.3% |
| Financial income | 75/76B | €1,831 | €1,445 | -€386 | -21.1% |
| Recurring financial income | 75 | €1,831 | €1,445 | -€386 | -21.1% |
| Financial charges | 65/66B | €20,818 | €15,111 | -€5,707 | -27.4% |
| Recurring financial charges | 65 | €20,818 | €15,111 | -€5,707 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €221,354 | €185,206 | -€36,147 | -16.3% |
| Income taxes | 67/77 | €72,412 | €56,739 | -€15,673 | -21.6% |
| Profit (loss) for the period | 9904 | €148,942 | €128,468 | -€20,474 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,942 | €128,468 | -€20,474 | -13.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.