CREVITS D & B: 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.
CREVITS D & B
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Tangible fixed assets -€51,394
down €51,394 (-3.4%), from €1.5m to €1.5m
of which Plant, machinery and equipment: -€35,842
- Receivables within one year -€44,351
down €44,351 (-9.1%), from €486,862 to €442,511
of which Trade receivables: -€49,013
- Cash +€40,803
up €40,803 (+23.2%), from €175,764 to €216,567
mainly Other debts (+€470,514) and Depreciation (+€438,216)
- Other debts +€470,514
up €470,514 (+3,130%), from €15,034 to €485,548
- Reserves -€221,768
down €221,768 (-13.8%), from €1.6m to €1.4m
- Trade debts -€91,395
down €91,395 (-43.2%), from €211,584 to €120,189
- Debts after one year +€72,781
up €72,781 (+44.1%), from €165,157 to €237,938
- Current portion of long-term debt +€44,499
up €44,499 (+30.5%), from €145,672 to €190,171
- Gross operating margin +€100,036
up €100,036 (+10.4%), from €958,559 to €1.1m
- Depreciation +€99,400
up €99,400 (+29.3%), from €338,816 to €438,216
- Staff costs +€23,308
up €23,308 (+9.9%), from €236,628 to €259,936
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 | €2,231,838 | €2,477,729 | +€245,891 | +11.0% |
| Fixed assets | 21/28 | €1,534,295 | €1,482,901 | -€51,394 | -3.3% |
| Tangible fixed assets | 22/27 | €1,533,755 | €1,482,361 | -€51,394 | -3.4% |
| Land and buildings | 22 | €10,039 | €8,792 | -€1,247 | -12.4% |
| Plant, machinery and equipment | 23 | €1,482,804 | €1,446,962 | -€35,842 | -2.4% |
| Furniture and vehicles | 24 | €40,912 | €26,607 | -€14,305 | -35.0% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €697,543 | €994,828 | +€297,285 | +42.6% |
| Stocks and contracts in progress | 3 | €34,610 | €35,750 | +€1,140 | +3.3% |
| Stocks | 30/36 | €34,610 | €35,750 | +€1,140 | +3.3% |
| Amounts receivable within one year | 40/41 | €486,862 | €442,511 | -€44,351 | -9.1% |
| Trade receivables | 40 | €431,585 | €382,572 | -€49,013 | -11.4% |
| Other amounts receivable | 41 | €55,277 | €59,939 | +€4,662 | +8.4% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €175,764 | €216,567 | +€40,803 | +23.2% |
| Deferred charges and accrued income | 490/1 | €307 | - | -€307 | |
| Total equity and liabilities | 10/49 | €2,231,838 | €2,477,729 | +€245,891 | +11.0% |
| Equity | 10/15 | €1,628,127 | €1,406,359 | -€221,768 | -13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,609,527 | €1,387,759 | -€221,768 | -13.8% |
| Distributable reserves | 133 | €1,609,527 | €1,387,759 | -€221,768 | -13.8% |
| Amounts payable | 17/49 | €603,711 | €1,071,370 | +€467,659 | +77.5% |
| Amounts payable after more than one year | 17 | €165,157 | €237,938 | +€72,781 | +44.1% |
| Financial debts | 170/4 | €165,157 | €237,938 | +€72,781 | +44.1% |
| Amounts payable within one year | 42/48 | €438,142 | €833,036 | +€394,894 | +90.1% |
| Current portion of amounts payable after more than one year | 42 | €145,672 | €190,171 | +€44,499 | +30.5% |
| Trade debts | 44 | €211,584 | €120,189 | -€91,395 | -43.2% |
| Suppliers | 440/4 | €211,584 | €120,189 | -€91,395 | -43.2% |
| Taxes, remuneration and social security | 45 | €65,852 | €37,128 | -€28,724 | -43.6% |
| Taxes | 450/3 | €55,182 | €25,865 | -€29,317 | -53.1% |
| Remuneration and social security | 454/9 | €10,670 | €11,263 | +€593 | +5.6% |
| Other amounts payable | 47/48 | €15,034 | €485,548 | +€470,514 | +3,130% |
| Accrued charges and deferred income | 492/3 | €412 | €396 | -€16 | -3.9% |
| Non-recurring operating income | 76A | €205,000 | €133,022 | -€71,978 | -35.1% |
| Remuneration, social security and pensions | 62 | €236,628 | €259,936 | +€23,308 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338,816 | €438,216 | +€99,400 | +29.3% |
| Gross operating margin | 9900 | €958,559 | €1,058,595 | +€100,036 | +10.4% |
| Operating profit (loss) | 9901 | €383,115 | €360,443 | -€22,672 | -5.9% |
| Financial income | 75/76B | €1,414 | €3,989 | +€2,575 | +182% |
| Recurring financial income | 75 | €1,414 | €3,989 | +€2,575 | +182% |
| Financial charges | 65/66B | €580 | €2,915 | +€2,335 | +403% |
| Recurring financial charges | 65 | €580 | €2,915 | +€2,335 | +403% |
| Profit (loss) for the period before taxes | 9903 | €383,949 | €361,517 | -€22,432 | -5.8% |
| Income taxes | 67/77 | €107,170 | €102,868 | -€4,302 | -4.0% |
| Profit (loss) for the period | 9904 | €276,779 | €258,649 | -€18,130 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €276,779 | €258,649 | -€18,130 | -6.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.