KREEMO: what changed
Two fiscal 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.
KREEMO
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year +€36,325
up €36,325 (+11.4%), from €318,213 to €354,538
of which Trade receivables: +€23,895
- Cash +€15,063
up €15,063 (+16.7%), from €90,242 to €105,305
mainly Short-term financial debts (+€75,834) and Debts after one year (+€73,600)
- Accrued charges and deferred income -€110,122
no longer reported in 2025 (was €110,122)
- Short-term financial debts +€75,834
up €75,834 (+5589.8%), from €1,357 to €77,191
- Debts after one year +€73,600
up €73,600 (+653.1%), from €11,269 to €84,869
- Profit (loss) carried forward +€66,940
up €66,940 (+189.0%), from €35,412 to €102,352
- Current portion of long-term debt +€35,200
up €35,200 (+725.9%), from €4,849 to €40,049
- Gross operating margin +€98,128
up €98,128 (+52.1%), from €188,173 to €286,301
- Staff costs +€35,800
up €35,800 (+25.4%), from €140,884 to €176,684
- Taxes +€14,761
up €14,761 (+143.2%), from €10,309 to €25,070
- Financial charges +€4,223
up €4,223 (+254.3%), from €1,661 to €5,884
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 | €455,956 | €596,393 | +€140,437 | +30.8% |
| Fixed assets | 21/28 | €43,212 | €33,254 | -€9,958 | -23.0% |
| Intangible fixed assets | 21 | €19,276 | €14,246 | -€5,030 | -26.1% |
| Tangible fixed assets | 22/27 | €23,624 | €18,696 | -€4,928 | -20.9% |
| Plant, machinery and equipment | 23 | €13,628 | €12,154 | -€1,474 | -10.8% |
| Furniture and vehicles | 24 | €9,996 | €6,542 | -€3,454 | -34.6% |
| Financial fixed assets | 28 | €312 | €312 | = | 0.0% |
| Current assets | 29/58 | €412,745 | €563,140 | +€150,395 | +36.4% |
| Amounts receivable within one year | 40/41 | €318,213 | €354,538 | +€36,325 | +11.4% |
| Trade receivables | 40 | €318,213 | €342,108 | +€23,895 | +7.5% |
| Other amounts receivable | 41 | - | €12,430 | +€12,430 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €90,242 | €105,305 | +€15,063 | +16.7% |
| Deferred charges and accrued income | 490/1 | €4,290 | €3,296 | -€994 | -23.2% |
| Total equity and liabilities | 10/49 | €455,956 | €596,393 | +€140,437 | +30.8% |
| Equity | 10/15 | €72,672 | €136,208 | +€63,536 | +87.4% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,412 | €102,352 | +€66,940 | +189.0% |
| Investment grants | 15 | €13,260 | €9,856 | -€3,404 | -25.7% |
| Amounts payable | 17/49 | €383,285 | €460,185 | +€76,900 | +20.1% |
| Amounts payable after more than one year | 17 | €11,269 | €84,869 | +€73,600 | +653.1% |
| Financial debts | 170/4 | €11,269 | €84,869 | +€73,600 | +653.1% |
| Amounts payable within one year | 42/48 | €261,894 | €375,316 | +€113,422 | +43.3% |
| Current portion of amounts payable after more than one year | 42 | €4,849 | €40,049 | +€35,200 | +725.9% |
| Financial debts | 43 | €1,357 | €77,191 | +€75,834 | +5589.8% |
| Credit institutions | 430/8 | €1,357 | €77,191 | +€75,834 | +5589.8% |
| Trade debts | 44 | €162,686 | €168,119 | +€5,433 | +3.3% |
| Suppliers | 440/4 | €122,652 | €168,119 | +€45,466 | +37.1% |
| Bills of exchange payable | 441 | €40,033 | - | -€40,033 | |
| Taxes, remuneration and social security | 45 | €91,371 | €88,374 | -€2,997 | -3.3% |
| Taxes | 450/3 | €60,835 | €65,635 | +€4,801 | +7.9% |
| Remuneration and social security | 454/9 | €30,536 | €22,738 | -€7,798 | -25.5% |
| Other amounts payable | 47/48 | €1,631 | €1,584 | -€47 | -2.9% |
| Accrued charges and deferred income | 492/3 | €110,122 | - | -€110,122 | |
| Remuneration, social security and pensions | 62 | €140,884 | €176,684 | +€35,800 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,160 | €10,203 | +€43 | +0.4% |
| Other operating charges | 640/8 | €1,495 | €1,583 | +€88 | +5.9% |
| Gross operating margin | 9900 | €188,173 | €286,301 | +€98,128 | +52.1% |
| Operating profit (loss) | 9901 | €35,634 | €97,831 | +€62,198 | +174.5% |
| Financial income | 75/76B | €61 | €62 | +€1 | +1.9% |
| Recurring financial income | 75 | €61 | €62 | +€1 | +1.9% |
| Financial charges | 65/66B | €1,661 | €5,884 | +€4,223 | +254.3% |
| Recurring financial charges | 65 | €1,661 | €5,884 | +€4,223 | +254.3% |
| Profit (loss) for the period before taxes | 9903 | €34,034 | €92,009 | +€57,976 | +170.3% |
| Income taxes | 67/77 | €10,309 | €25,070 | +€14,761 | +143.2% |
| Profit (loss) for the period | 9904 | €23,725 | €66,940 | +€43,215 | +182.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,725 | €66,940 | +€43,215 | +182.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.