CREYAR: 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.
CREYAR
Largest movements
- Receivables within one year -€163,759
down €163,759 (-78.0%), from €209,988 to €46,230
of which Trade receivables: -€200,860
- Other debts +€579,699
up €579,699 (+48.0%), from €1.2m to €1.8m
- Short-term financial debts -€295,325
down €295,325 (-5.4%), from €5.5m to €5.2m
- Profit (loss) carried forward -€280,609
down €280,609 (-32.4%), from -€866,048 to -€1.1m
- Accrued charges and deferred income -€184,639
down €184,639 (-87.2%), from €211,852 to €27,213
- Gross operating margin +€130,113
up €130,113 (+84.3%), from -€154,394 to -€24,282
- Financial charges -€68,700
down €68,700 (-21.2%), from €323,788 to €255,088
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,209,988 | €12,046,230 | -€163,759 | -1.3% |
| Fixed assets | 21/28 | €12,000,000 | €12,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €12,000,000 | €12,000,000 | = | 0.0% |
| Current assets | 29/58 | €209,988 | €46,230 | -€163,759 | -78.0% |
| Amounts receivable within one year | 40/41 | €209,988 | €46,230 | -€163,759 | -78.0% |
| Trade receivables | 40 | €200,860 | €0 | -€200,860 | -100% |
| Other amounts receivable | 41 | €9,128 | €46,230 | +€37,101 | +406% |
| Total equity and liabilities | 10/49 | €12,209,988 | €12,046,230 | -€163,759 | -1.3% |
| Equity | 10/15 | €5,133,952 | €4,853,343 | -€280,609 | -5.5% |
| Contributions | 10/11 | €6,000,000 | €6,000,000 | = | 0.0% |
| Capital | 10 | €6,000,000 | €6,000,000 | = | 0.0% |
| Issued capital | 100 | €6,000,000 | €6,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€866,048 | -€1,146,657 | -€280,609 | -32.4% |
| Amounts payable | 17/49 | €7,076,037 | €7,192,887 | +€116,850 | +1.7% |
| Amounts payable within one year | 42/48 | €6,864,185 | €7,165,673 | +€301,489 | +4.4% |
| Financial debts | 43 | €5,512,693 | €5,217,369 | -€295,325 | -5.4% |
| Credit institutions | 430/8 | €5,512,693 | €5,217,369 | -€295,325 | -5.4% |
| Trade debts | 44 | €143,906 | €161,020 | +€17,115 | +11.9% |
| Suppliers | 440/4 | €143,906 | €161,020 | +€17,115 | +11.9% |
| Other amounts payable | 47/48 | €1,207,586 | €1,787,285 | +€579,699 | +48.0% |
| Accrued charges and deferred income | 492/3 | €211,852 | €27,213 | -€184,639 | -87.2% |
| Other operating charges | 640/8 | €581 | €1,239 | +€658 | +113% |
| Gross operating margin | 9900 | -€154,394 | -€24,282 | +€130,113 | +84.3% |
| Operating profit (loss) | 9901 | -€154,975 | -€25,521 | +€129,455 | +83.5% |
| Financial charges | 65/66B | €323,788 | €255,088 | -€68,700 | -21.2% |
| Recurring financial charges | 65 | €323,788 | €255,088 | -€68,700 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€478,764 | -€280,609 | +€198,155 | +41.4% |
| Profit (loss) for the period | 9904 | -€478,764 | -€280,609 | +€198,155 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€478,764 | -€280,609 | +€198,155 | +41.4% |
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 16 October 2026 via checked.be.