Martine CRESPIN: what changed
What changed
Martine CRESPIN
filed annual accounts (NBB)
Net result for the year
€40,358
2024 · €9,393+€30,965
Equity
€8,060
2024 · €8,060
Cash
€0
2024 · -
Balance sheet total
€47,125
2024 · €54,644-€7,519
Largest movements
Assets
- Receivables within one year -€25,128
down €25,128 (-59.0%), from €42,605 to €17,477
- Deferred charges and accrued income +€17,609
up €17,609 (+146%), from €12,039 to €29,648
Equity and liabilities
- Other debts -€9,393
down €9,393 (-100%), from €9,393 to €0
- Tax, wage and social debts +€6,884
up €6,884 (+30.1%), from €22,867 to €29,751
of which Taxes: +€8,884
- Short-term financial debts -€2,796
down €2,796 (-29.0%), from €9,631 to €6,835
- Trade debts -€2,214
down €2,214 (-47.2%), from €4,693 to €2,478
Income statement
- Gross operating margin +€39,639
up €39,639 (+287%), from €13,790 to €53,429
- Taxes +€8,252
up €8,252 (+272%), from €3,030 to €11,281
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
€9,393
Gross operating margin
+€39,639
Other operating charges
+€9
Financial charges
-€432
Taxes
-€8,252
Result 2025
€40,358
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
+€43,153
Investment
€0
Financing
-€43,153
Cash 2024
€0
From operations (derived)
+€43,153
Net result for the year
+€40,358
Receivables within one year
+€25,128
Deferred charges and accrued income
-€17,609
Trade debts
-€2,214
Tax, wage and social debts
+€6,884
Other debts
-€9,393
Financing
-€43,153
Short-term financial debts
-€2,796
Contributions, distributions and other
-€40,358
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,644 | €47,125 | -€7,519 | -13.8% |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €54,644 | €47,125 | -€7,519 | -13.8% |
| Amounts receivable within one year | 40/41 | €42,605 | €17,477 | -€25,128 | -59.0% |
| Other amounts receivable | 41 | €42,605 | €17,477 | -€25,128 | -59.0% |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Deferred charges and accrued income | 490/1 | €12,039 | €29,648 | +€17,609 | +146% |
| Total equity and liabilities | 10/49 | €54,644 | €47,125 | -€7,519 | -13.8% |
| Equity | 10/15 | €8,060 | €8,060 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €46,584 | €39,065 | -€7,519 | -16.1% |
| Amounts payable within one year | 42/48 | €46,584 | €39,065 | -€7,519 | -16.1% |
| Financial debts | 43 | €9,631 | €6,835 | -€2,796 | -29.0% |
| Credit institutions | 430/8 | €9,631 | €6,835 | -€2,796 | -29.0% |
| Trade debts | 44 | €4,693 | €2,478 | -€2,214 | -47.2% |
| Suppliers | 440/4 | €4,693 | €2,478 | -€2,214 | -47.2% |
| Taxes, remuneration and social security | 45 | €22,867 | €29,751 | +€6,884 | +30.1% |
| Taxes | 450/3 | €20,867 | €29,751 | +€8,884 | +42.6% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €9,393 | €0 | -€9,393 | -100% |
| Other operating charges | 640/8 | €472 | €463 | -€9 | -1.9% |
| Gross operating margin | 9900 | €13,790 | €53,429 | +€39,639 | +287% |
| Operating profit (loss) | 9901 | €13,317 | €52,966 | +€39,648 | +298% |
| Financial charges | 65/66B | €895 | €1,326 | +€432 | +48.2% |
| Recurring financial charges | 65 | €895 | €1,326 | +€432 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €12,423 | €51,639 | +€39,217 | +316% |
| Income taxes | 67/77 | €3,030 | €11,281 | +€8,252 | +272% |
| Profit (loss) for the period | 9904 | €9,393 | €40,358 | +€30,965 | +330% |
| Profit (loss) for the period to be appropriated | 9905 | €9,393 | €40,358 | +€30,965 | +330% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.