Be-CREATE: 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.
Be-CREATE
Largest movements
- Tangible fixed assets -€14,514
down €14,514 (-6.3%), from €229,365 to €214,851
of which Land and buildings: -€16,188
- Cash +€7,886
up €7,886 (+283.4%), from €2,783 to €10,669
mainly Depreciation (+€26,630) and Tax, wage and social debts (+€4,661)
- Receivables within one year -€4,272
down €4,272 (-82.3%), from €5,191 to €919
of which Trade receivables: -€3,003
- Formation expenses -€3,032
down €3,032 (-80.0%), from €3,788 to €756
- Other debts -€10,298
down €10,298 (-10.4%), from €98,738 to €88,441
- Debts after one year -€5,231
down €5,231 (-6.9%), from €76,132 to €70,901
- Trade debts -€5,210
down €5,210 (-97.5%), from €5,343 to €133
- Tax, wage and social debts +€4,661
up €4,661 (+148.5%), from €3,138 to €7,800
of which Taxes: +€4,717
- Gross operating margin +€22,061
up €22,061 (+94.8%), from €23,271 to €45,333
- Depreciation +€2,827
up €2,827 (+11.9%), from €23,803 to €26,630
- Staff costs -€2,387
down €2,387 (-20.7%), from €11,540 to €9,153
- Other operating charges -€500
down €500 (-15.1%), from €3,305 to €2,805
- Financial charges -€490
down €490 (-31.7%), from €1,543 to €1,054
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 | €241,126 | €227,195 | -€13,932 | -5.8% |
| Formation expenses | 20 | €3,788 | €756 | -€3,032 | -80.0% |
| Fixed assets | 21/28 | €229,365 | €214,851 | -€14,514 | -6.3% |
| Tangible fixed assets | 22/27 | €229,365 | €214,851 | -€14,514 | -6.3% |
| Land and buildings | 22 | €228,600 | €212,412 | -€16,188 | -7.1% |
| Plant, machinery and equipment | 23 | €765 | €2,439 | +€1,673 | +218.6% |
| Current assets | 29/58 | €7,973 | €11,588 | +€3,615 | +45.3% |
| Amounts receivable within one year | 40/41 | €5,191 | €919 | -€4,272 | -82.3% |
| Trade receivables | 40 | €3,922 | €919 | -€3,003 | -76.6% |
| Other amounts receivable | 41 | €1,268 | €0 | -€1,268 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,783 | €10,669 | +€7,886 | +283.4% |
| Total equity and liabilities | 10/49 | €241,126 | €227,195 | -€13,932 | -5.8% |
| Equity | 10/15 | €52,134 | €53,304 | +€1,170 | +2.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,866 | -€6,696 | +€1,170 | +14.9% |
| Amounts payable | 17/49 | €188,992 | €173,891 | -€15,101 | -8.0% |
| Amounts payable after more than one year | 17 | €76,132 | €70,901 | -€5,231 | -6.9% |
| Financial debts | 170/4 | €76,132 | €70,901 | -€5,231 | -6.9% |
| Amounts payable within one year | 42/48 | €112,861 | €101,605 | -€11,256 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €5,090 | €5,231 | +€141 | +2.8% |
| Trade debts | 44 | €5,343 | €133 | -€5,210 | -97.5% |
| Suppliers | 440/4 | €5,343 | €133 | -€5,210 | -97.5% |
| Advances received on contracts in progress | 46 | €551 | €0 | -€551 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,138 | €7,800 | +€4,661 | +148.5% |
| Taxes | 450/3 | €3,083 | €7,800 | +€4,717 | +153.0% |
| Remuneration and social security | 454/9 | €55 | €0 | -€55 | -100.0% |
| Other amounts payable | 47/48 | €98,738 | €88,441 | -€10,298 | -10.4% |
| Accrued charges and deferred income | 492/3 | - | €1,386 | +€1,386 | |
| Remuneration, social security and pensions | 62 | €11,540 | €9,153 | -€2,387 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,803 | €26,630 | +€2,827 | +11.9% |
| Other operating charges | 640/8 | €3,305 | €2,805 | -€500 | -15.1% |
| Non-recurring operating charges | 66A | - | €3,922 | +€3,922 | |
| Gross operating margin | 9900 | €23,271 | €45,333 | +€22,061 | +94.8% |
| Operating profit (loss) | 9901 | -€15,377 | €2,822 | +€18,199 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -66.4% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -66.4% |
| Financial charges | 65/66B | €1,543 | €1,054 | -€490 | -31.7% |
| Recurring financial charges | 65 | €1,543 | €1,054 | -€490 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,918 | €1,769 | +€18,687 | |
| Income taxes | 67/77 | €233 | €599 | +€367 | +157.7% |
| Profit (loss) for the period | 9904 | -€17,151 | €1,170 | +€18,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,151 | €1,170 | +€18,320 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.