CREY CONSULTING: 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.
CREY CONSULTING
Largest movements
- Receivables within one year +€30,387
up €30,387 (+3,037%), from €1,001 to €31,388
of which Trade receivables: +€31,388
- Cash +€19,026
up €19,026 (+14.8%), from €128,230 to €147,256
mainly Net result for the year (+€114,079) and Depreciation (+€16,052)
- Tangible fixed assets -€16,052
down €16,052 (-9.3%), from €171,852 to €155,800
of which Land and buildings: -€15,580
- Reserves +€70,767
up €70,767 (+19.1%), from €370,831 to €441,598
- Debts after one year -€18,449
down €18,449 (-17.9%), from €102,985 to €84,536
- Other debts -€18,017
down €18,017 (-27.5%), from €65,518 to €47,500
- Gross operating margin +€8,128
up €8,128 (+4.5%), from €180,228 to €188,356
- Taxes +€5,852
up €5,852 (+12.2%), from €47,978 to €53,830
- Financial income +€2,405
up €2,405 (+66.9%), from €3,595 to €6,000
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 | €651,083 | €684,444 | +€33,361 | +5.1% |
| Fixed assets | 21/28 | €171,852 | €155,800 | -€16,052 | -9.3% |
| Tangible fixed assets | 22/27 | €171,852 | €155,800 | -€16,052 | -9.3% |
| Land and buildings | 22 | €171,380 | €155,800 | -€15,580 | -9.1% |
| Plant, machinery and equipment | 23 | €230 | €0 | -€230 | -100% |
| Furniture and vehicles | 24 | €243 | €0 | -€243 | -100% |
| Current assets | 29/58 | €479,230 | €528,644 | +€49,414 | +10.3% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,001 | €31,388 | +€30,387 | +3,037% |
| Trade receivables | 40 | - | €31,388 | +€31,388 | |
| Other amounts receivable | 41 | €1,001 | €0 | -€1,001 | -100% |
| Cash at bank and in hand | 54/58 | €128,230 | €147,256 | +€19,026 | +14.8% |
| Total equity and liabilities | 10/49 | €651,083 | €684,444 | +€33,361 | +5.1% |
| Equity | 10/15 | €377,031 | €447,798 | +€70,767 | +18.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €370,831 | €441,598 | +€70,767 | +19.1% |
| Distributable reserves | 133 | €370,831 | €441,598 | +€70,767 | +19.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €274,051 | €236,646 | -€37,406 | -13.6% |
| Amounts payable after more than one year | 17 | €102,985 | €84,536 | -€18,449 | -17.9% |
| Financial debts | 170/4 | €102,985 | €84,536 | -€18,449 | -17.9% |
| Amounts payable within one year | 42/48 | €171,066 | €152,110 | -€18,957 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €17,932 | €18,449 | +€517 | +2.9% |
| Financial debts | 43 | €11,827 | €11,791 | -€36 | -0.3% |
| Credit institutions | 430/8 | €11,827 | €11,791 | -€36 | -0.3% |
| Trade debts | 44 | €4,537 | €5,542 | +€1,005 | +22.2% |
| Suppliers | 440/4 | €4,537 | €5,542 | +€1,005 | +22.2% |
| Taxes, remuneration and social security | 45 | €71,252 | €68,827 | -€2,425 | -3.4% |
| Taxes | 450/3 | €71,252 | €68,827 | -€2,425 | -3.4% |
| Other amounts payable | 47/48 | €65,518 | €47,500 | -€18,017 | -27.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,650 | €16,052 | -€598 | -3.6% |
| Other operating charges | 640/8 | €2,628 | €2,197 | -€430 | -16.4% |
| Gross operating margin | 9900 | €180,228 | €188,356 | +€8,128 | +4.5% |
| Operating profit (loss) | 9901 | €160,951 | €170,107 | +€9,156 | +5.7% |
| Financial income | 75/76B | €3,595 | €6,000 | +€2,405 | +66.9% |
| Recurring financial income | 75 | €3,595 | €6,000 | +€2,405 | +66.9% |
| Financial charges | 65/66B | €9,232 | €8,198 | -€1,035 | -11.2% |
| Recurring financial charges | 65 | €9,232 | €8,198 | -€1,035 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €155,313 | €167,909 | +€12,596 | +8.1% |
| Income taxes | 67/77 | €47,978 | €53,830 | +€5,852 | +12.2% |
| Profit (loss) for the period | 9904 | €107,335 | €114,079 | +€6,744 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €107,335 | €114,079 | +€6,744 | +6.3% |
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 22 October 2026 via checked.be.