Kreapolis: 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.
Kreapolis
Largest movements
- Current investments +€299,786
new in 2025: €299,786
- Cash -€188,768
down €188,768 (-49.6%), from €380,406 to €191,638
mainly Current investments (-€299,786) and Contributions, distributions and other (-€44,897)
- Tangible fixed assets -€10,876
down €10,876 (-13.3%), from €82,046 to €71,170
of which Land and buildings: -€7,088
- Receivables within one year -€10,206
down €10,206 (-11.9%), from €85,780 to €75,574
of which Other amounts receivable: -€11,304
- Reserves +€85,849
up €85,849 (+17.6%), from €488,854 to €574,703
- Gross operating margin -€9,471
down €9,471 (-5.1%), from €187,232 to €177,761
- Financial income +€7,893
up €7,893 (+48.7%), from €16,195 to €24,089
of which Non-recurring financial income: +€18,336
- Financial charges -€2,870
down €2,870 (-79.2%), from €3,626 to €756
of which Non-recurring financial charges: -€3,317
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 | €549,891 | €641,657 | +€91,767 | +16.7% |
| Fixed assets | 21/28 | €82,046 | €71,170 | -€10,876 | -13.3% |
| Tangible fixed assets | 22/27 | €82,046 | €71,170 | -€10,876 | -13.3% |
| Land and buildings | 22 | €63,902 | €56,814 | -€7,088 | -11.1% |
| Plant, machinery and equipment | 23 | €3,593 | €6,237 | +€2,644 | +73.6% |
| Furniture and vehicles | 24 | €14,551 | €8,119 | -€6,432 | -44.2% |
| Current assets | 29/58 | €467,845 | €570,487 | +€102,642 | +21.9% |
| Amounts receivable within one year | 40/41 | €85,780 | €75,574 | -€10,206 | -11.9% |
| Trade receivables | 40 | €51,781 | €52,880 | +€1,098 | +2.1% |
| Other amounts receivable | 41 | €33,999 | €22,695 | -€11,304 | -33.2% |
| Current investments | 50/53 | - | €299,786 | +€299,786 | |
| Cash at bank and in hand | 54/58 | €380,406 | €191,638 | -€188,768 | -49.6% |
| Deferred charges and accrued income | 490/1 | €1,659 | €3,489 | +€1,830 | +110.3% |
| Total equity and liabilities | 10/49 | €549,891 | €641,657 | +€91,767 | +16.7% |
| Equity | 10/15 | €496,118 | €581,966 | +€85,849 | +17.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €488,854 | €574,703 | +€85,849 | +17.6% |
| Distributable reserves | 133 | €488,854 | €574,703 | +€85,849 | +17.6% |
| Profit (loss) carried forward | 14 | €1,063 | €1,063 | = | 0.0% |
| Amounts payable | 17/49 | €53,773 | €59,691 | +€5,918 | +11.0% |
| Amounts payable within one year | 42/48 | €53,773 | €59,691 | +€5,918 | +11.0% |
| Financial debts | 43 | - | €1,375 | +€1,375 | |
| Credit institutions | 430/8 | - | €1,375 | +€1,375 | |
| Trade debts | 44 | €4,096 | €6,079 | +€1,984 | +48.4% |
| Suppliers | 440/4 | €4,096 | €6,079 | +€1,984 | +48.4% |
| Taxes, remuneration and social security | 45 | €49,678 | €52,237 | +€2,559 | +5.2% |
| Taxes | 450/3 | €49,678 | €52,237 | +€2,559 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,541 | €10,206 | -€1,334 | -11.6% |
| Other operating charges | 640/8 | €2,268 | €1,951 | -€317 | -14.0% |
| Gross operating margin | 9900 | €187,232 | €177,761 | -€9,471 | -5.1% |
| Operating profit (loss) | 9901 | €173,423 | €165,604 | -€7,819 | -4.5% |
| Financial income | 75/76B | €16,195 | €24,089 | +€7,893 | +48.7% |
| Recurring financial income | 75 | €16,195 | €5,752 | -€10,443 | -64.5% |
| Non-recurring financial income | 76B | - | €18,336 | +€18,336 | |
| Financial charges | 65/66B | €3,626 | €756 | -€2,870 | -79.2% |
| Recurring financial charges | 65 | €309 | €756 | +€447 | +144.8% |
| Non-recurring financial charges | 66B | €3,317 | - | -€3,317 | |
| Profit (loss) for the period before taxes | 9903 | €185,992 | €188,937 | +€2,944 | +1.6% |
| Income taxes | 67/77 | €58,733 | €58,191 | -€542 | -0.9% |
| Profit (loss) for the period | 9904 | €127,259 | €130,746 | +€3,486 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,259 | €130,746 | +€3,486 | +2.7% |
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 10 October 2026 via checked.be.