LE CINSE D'EL CREU: what changed
What changed
LE CINSE D'EL CREU
NACE 55.203, Holiday cottages, homes and apartments
filed annual accounts (NBB)
Net result for the year
€2,843
2024 · -€5,105+€7,948
Equity
€108,474
2024 · €105,631+€2,843
Cash
€61,054
2024 · €53,461+€7,593
Balance sheet total
€631,945
2024 · €649,527-€17,582
Largest movements
Assets
- Tangible fixed assets -€33,028
down €33,028 (-5.6%), from €590,126 to €557,098
of which Other tangible fixed assets: -€20,325
- Receivables within one year +€7,886
up €7,886 (+134%), from €5,877 to €13,763
of which Trade receivables: +€7,881
- Cash +€7,593
up €7,593 (+14.2%), from €53,461 to €61,054
mainly Depreciation (+€37,812) and Accrued charges and deferred income (+€8,478)
Equity and liabilities
- Trade debts -€14,395
down €14,395 (-88.2%), from €16,327 to €1,932
- Debts after one year -€12,736
down €12,736 (-8.8%), from €145,326 to €132,590
- Accrued charges and deferred income +€8,478
new in 2025: €8,478
Income statement
- Gross operating margin +€9,179
up €9,179 (+23.4%), from €39,296 to €48,475
- Depreciation +€1,668
up €1,668 (+4.6%), from €36,144 to €37,812
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€5,105
Gross operating margin
+€9,179
Depreciation
-€1,668
Other operating charges
+€254
Financial income
-€1
Financial charges
+€184
Result 2025
€2,843
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€24,895
Investment
-€4,783
Financing
-€12,519
Cash 2024
€53,461
From operations (derived)
+€24,895
Net result for the year
+€2,843
Depreciation
+€37,812
Receivables within one year
-€7,886
Smaller working-capital items
+€76
Trade debts
-€14,395
Other debts
-€2,032
Accrued charges and deferred income
+€8,478
Investment (derived)
-€4,783
Investment in fixed assets (net)
-€4,783
Financing
-€12,519
Debts after one year
-€12,736
Current portion of long-term debt
+€217
Cash 2025
€61,054
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €649,527 | €631,945 | -€17,582 | -2.7% |
| Fixed assets | 21/28 | €590,126 | €557,098 | -€33,028 | -5.6% |
| Tangible fixed assets | 22/27 | €590,126 | €557,098 | -€33,028 | -5.6% |
| Land and buildings | 22 | €422,448 | €410,435 | -€12,013 | -2.8% |
| Plant, machinery and equipment | 23 | €6,336 | €6,193 | -€143 | -2.3% |
| Furniture and vehicles | 24 | €5,911 | €5,364 | -€547 | -9.2% |
| Other tangible fixed assets | 26 | €155,431 | €135,106 | -€20,325 | -13.1% |
| Current assets | 29/58 | €59,401 | €74,847 | +€15,447 | +26.0% |
| Amounts receivable within one year | 40/41 | €5,877 | €13,763 | +€7,886 | +134% |
| Trade receivables | 40 | €5,769 | €13,650 | +€7,881 | +137% |
| Other amounts receivable | 41 | €108 | €113 | +€5 | +4.4% |
| Cash at bank and in hand | 54/58 | €53,461 | €61,054 | +€7,593 | +14.2% |
| Deferred charges and accrued income | 490/1 | €63 | €30 | -€32 | -51.6% |
| Total equity and liabilities | 10/49 | €649,527 | €631,945 | -€17,582 | -2.7% |
| Equity | 10/15 | €105,631 | €108,474 | +€2,843 | +2.7% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,369 | -€71,526 | +€2,843 | +3.8% |
| Amounts payable | 17/49 | €543,896 | €523,471 | -€20,425 | -3.8% |
| Amounts payable after more than one year | 17 | €145,326 | €132,590 | -€12,736 | -8.8% |
| Financial debts | 170/4 | €145,326 | €132,590 | -€12,736 | -8.8% |
| Amounts payable within one year | 42/48 | €398,570 | €382,403 | -€16,167 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €12,519 | €12,736 | +€217 | +1.7% |
| Trade debts | 44 | €16,327 | €1,932 | -€14,395 | -88.2% |
| Suppliers | 440/4 | €16,327 | €1,932 | -€14,395 | -88.2% |
| Taxes, remuneration and social security | 45 | €1,082 | €1,125 | +€43 | +4.0% |
| Taxes | 450/3 | €1,082 | €1,125 | +€43 | +4.0% |
| Other amounts payable | 47/48 | €368,642 | €366,610 | -€2,032 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €8,478 | +€8,478 | |
| Non-recurring operating income | 76A | €1,454 | €0 | -€1,454 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,144 | €37,812 | +€1,668 | +4.6% |
| Other operating charges | 640/8 | €5,243 | €4,989 | -€254 | -4.8% |
| Gross operating margin | 9900 | €39,296 | €48,475 | +€9,179 | +23.4% |
| Operating profit (loss) | 9901 | -€2,091 | €5,674 | +€7,765 | |
| Financial income | 75/76B | €4 | €3 | -€1 | -29.5% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -29.5% |
| Financial charges | 65/66B | €3,018 | €2,834 | -€184 | -6.1% |
| Recurring financial charges | 65 | €3,018 | €2,834 | -€184 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,105 | €2,843 | +€7,948 | |
| Profit (loss) for the period | 9904 | -€5,105 | €2,843 | +€7,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,105 | €2,843 | +€7,948 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.