Crédior: 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.
Crédior
Largest movements
- Tangible fixed assets -€13,554
down €13,554 (-2.7%), from €506,881 to €493,327
of which Land and buildings: -€11,275
- Receivables within one year -€12,759
down €12,759 (-3.6%), from €358,531 to €345,773
of which Trade receivables: -€8,421
- Profit (loss) carried forward -€18,742
down €18,742 (-11.0%), from -€171,010 to -€189,752
- Revaluation surpluses -€18,110
down €18,110 (-4.1%), from €445,140 to €427,030
- Reserves +€18,110
up €18,110 (+11.6%), from €155,777 to €173,887
- Depreciation -€10,448
down €10,448 (-36.6%), from €28,562 to €18,114
- Gross operating margin -€9,458
down €9,458 (-56.5%), from €16,745 to €7,286
- Financial charges +€4,255
up €4,255 (+104.1%), from €4,088 to €8,343
- Purchases and services +€4,067
up €4,067 (+17.3%), from €23,532 to €27,599
- Other operating charges -€212
no longer reported in 2024 (was €212)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,195,400 | €1,167,053 | -€28,347 | -2.4% |
| Formation expenses | 20 | €55,840 | €51,280 | -€4,560 | -8.2% |
| Fixed assets | 21/28 | €509,646 | €496,092 | -€13,554 | -2.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €506,881 | €493,327 | -€13,554 | -2.7% |
| Land and buildings | 22 | €504,602 | €493,327 | -€11,275 | -2.2% |
| Plant, machinery and equipment | 23 | €2,279 | €0 | -€2,279 | -100.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,765 | €2,765 | = | 0.0% |
| Current assets | 29/58 | €629,914 | €619,681 | -€10,233 | -1.6% |
| Amounts receivable within one year | 40/41 | €358,531 | €345,773 | -€12,759 | -3.6% |
| Trade receivables | 40 | €320,878 | €312,457 | -€8,421 | -2.6% |
| Other amounts receivable | 41 | €37,654 | €33,316 | -€4,338 | -11.5% |
| Cash at bank and in hand | 54/58 | €203,583 | €206,108 | +€2,526 | +1.2% |
| Deferred charges and accrued income | 490/1 | €67,800 | €67,800 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,195,400 | €1,167,053 | -€28,347 | -2.4% |
| Equity | 10/15 | €609,272 | €590,530 | -€18,742 | -3.1% |
| Contributions | 10/11 | €179,365 | €179,365 | = | 0.0% |
| Capital | 10 | - | €179,365 | +€179,365 | |
| Issued capital | 100 | - | €179,365 | +€179,365 | |
| Revaluation surpluses | 12 | €445,140 | €427,030 | -€18,110 | -4.1% |
| Reserves | 13 | €155,777 | €173,887 | +€18,110 | +11.6% |
| Non-distributable reserves | 130/1 | €155,777 | €173,887 | +€18,110 | +11.6% |
| Reserves not available under the articles | 1311 | €155,777 | €173,887 | +€18,110 | +11.6% |
| Profit (loss) carried forward | 14 | -€171,010 | -€189,752 | -€18,742 | -11.0% |
| Amounts payable | 17/49 | €586,129 | €576,523 | -€9,606 | -1.6% |
| Amounts payable within one year | 42/48 | €323,959 | €314,353 | -€9,606 | -3.0% |
| Financial debts | 43 | €125,009 | €125,009 | = | 0.0% |
| Credit institutions | 430/8 | €125,009 | €125,009 | = | 0.0% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €346 | €346 | = | 0.0% |
| Taxes | 450/3 | €346 | €346 | = | 0.0% |
| Other amounts payable | 47/48 | €198,604 | €188,999 | -€9,606 | -4.8% |
| Accrued charges and deferred income | 492/3 | €262,170 | €262,170 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,532 | €27,599 | +€4,067 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,562 | €18,114 | -€10,448 | -36.6% |
| Other operating charges | 640/8 | €212 | - | -€212 | |
| Gross operating margin | 9900 | €16,745 | €7,286 | -€9,458 | -56.5% |
| Operating profit (loss) | 9901 | -€12,029 | -€10,828 | +€1,201 | +10.0% |
| Financial charges | 65/66B | €4,088 | €8,343 | +€4,255 | +104.1% |
| Recurring financial charges | 65 | €4,088 | €8,343 | +€4,255 | +104.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,117 | -€19,171 | -€3,054 | -18.9% |
| Profit (loss) for the period | 9904 | -€16,117 | -€19,171 | -€3,054 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,117 | -€19,171 | -€3,054 | -18.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.