IMMO CREVAN: 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.
IMMO CREVAN
Largest movements
- Tangible fixed assets -€105,736
down €105,736 (-2.4%), from €4.4m to €4.3m
of which Land and buildings: -€103,742
- Cash -€67,429
down €67,429 (-50.2%), from €134,420 to €66,991
mainly Debts after one year (-€235,294) and Investment in fixed assets (net) (-€91,540)
- Debts after one year -€235,294
down €235,294 (-5.2%), from €4.5m to €4.3m
of which Financial debts: -€235,294
- Profit (loss) carried forward +€71,082
up €71,082, from -€71,082 to €0
- Trade debts -€63,370
down €63,370 (-77.0%), from €82,289 to €18,919
- Gross operating margin +€29,588
up €29,588 (+7.7%), from €383,922 to €413,510
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 | €4,938,513 | €4,791,534 | -€146,980 | -3.0% |
| Fixed assets | 21/28 | €4,399,342 | €4,293,606 | -€105,736 | -2.4% |
| Tangible fixed assets | 22/27 | €4,393,331 | €4,287,595 | -€105,736 | -2.4% |
| Land and buildings | 22 | €4,385,749 | €4,282,007 | -€103,742 | -2.4% |
| Plant, machinery and equipment | 23 | €7,582 | €2,666 | -€4,916 | -64.8% |
| Furniture and vehicles | 24 | - | €2,922 | +€2,922 | |
| Financial fixed assets | 28 | €6,011 | €6,011 | = | 0.0% |
| Current assets | 29/58 | €539,171 | €497,928 | -€41,243 | -7.6% |
| Amounts receivable within one year | 40/41 | €70,692 | €101,877 | +€31,185 | +44.1% |
| Trade receivables | 40 | €67,657 | €99,484 | +€31,827 | +47.0% |
| Other amounts receivable | 41 | €3,035 | €2,393 | -€642 | -21.2% |
| Current investments | 50/53 | €334,059 | €329,059 | -€5,000 | -1.5% |
| Cash at bank and in hand | 54/58 | €134,420 | €66,991 | -€67,429 | -50.2% |
| Total equity and liabilities | 10/49 | €4,938,513 | €4,791,534 | -€146,980 | -3.0% |
| Equity | 10/15 | -€50,622 | €64,853 | +€115,475 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €46,253 | +€44,393 | +2386.7% |
| Distributable reserves | 133 | €1,860 | €46,253 | +€44,393 | +2386.7% |
| Profit (loss) carried forward | 14 | -€71,082 | €0 | +€71,082 | |
| Provisions and deferred taxes | 16 | €11,300 | €11,300 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €11,300 | €11,300 | = | 0.0% |
| Major repairs and maintenance | 162 | €11,300 | €11,300 | = | 0.0% |
| Amounts payable | 17/49 | €4,977,835 | €4,715,380 | -€262,455 | -5.3% |
| Amounts payable after more than one year | 17 | €4,513,677 | €4,278,383 | -€235,294 | -5.2% |
| Financial debts | 170/4 | €2,941,177 | €2,705,883 | -€235,294 | -8.0% |
| Other amounts payable | 178/9 | €1,572,500 | €1,572,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €335,343 | €275,083 | -€60,261 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €235,294 | €235,294 | = | 0.0% |
| Trade debts | 44 | €82,289 | €18,919 | -€63,370 | -77.0% |
| Suppliers | 440/4 | €82,289 | €18,919 | -€63,370 | -77.0% |
| Taxes, remuneration and social security | 45 | €17,760 | €20,869 | +€3,109 | +17.5% |
| Taxes | 450/3 | €17,760 | €20,869 | +€3,109 | +17.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €128,815 | €161,915 | +€33,100 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,176 | €197,276 | +€4,100 | +2.1% |
| Other operating charges | 640/8 | €51,827 | €53,604 | +€1,778 | +3.4% |
| Gross operating margin | 9900 | €383,922 | €413,510 | +€29,588 | +7.7% |
| Operating profit (loss) | 9901 | €138,919 | €162,630 | +€23,710 | +17.1% |
| Financial income | 75/76B | €10,117 | €8,777 | -€1,340 | -13.2% |
| Recurring financial income | 75 | €10,117 | €8,777 | -€1,340 | -13.2% |
| Financial charges | 65/66B | €57,585 | €55,932 | -€1,654 | -2.9% |
| Recurring financial charges | 65 | €57,585 | €55,932 | -€1,654 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €91,451 | €115,475 | +€24,024 | +26.3% |
| Profit (loss) for the period | 9904 | €91,451 | €115,475 | +€24,024 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,451 | €115,475 | +€24,024 | +26.3% |
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 9 October 2026 via checked.be.