Black Creek: what changed
Black Creek
Largest movements
- Receivables after one year -€90,932
down €90,932 (-100%), from €90,932 to €0
- Cash -€47,506
down €47,506 (-79.7%), from €59,605 to €12,099
mainly Other debts (-€108,598) and Net result for the year (-€28,291)
- Receivables within one year +€8,056
up €8,056 (+69.5%), from €11,588 to €19,644
of which Trade receivables: +€7,478
- Tangible fixed assets -€6,835
down €6,835 (-100%), from €6,835 to €0
of which Furniture and vehicles: -€4,248
- Deferred charges and accrued income -€2,026
down €2,026 (-74.0%), from €2,739 to €713
- Other debts -€108,598
down €108,598 (-98.7%), from €110,000 to €1,402
- Profit (loss) carried forward -€28,291
down €28,291 (-56.6%), from €50,002 to €21,710
- Tax, wage and social debts -€2,148
down €2,148 (-38.6%), from €5,571 to €3,423
- Gross operating margin +€11,136
up €11,136 (+36.5%), from -€30,537 to -€19,401
- Depreciation -€2,639
down €2,639 (-100%), from €2,639 to €0
- Financial income -€1,772
down €1,772 (-100%), from €1,772 to €0
- Other operating charges +€364
up €364 (+30.4%), from €1,199 to €1,564
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,699 | €32,456 | -€139,243 | -81.1% |
| Fixed assets | 21/28 | €6,835 | €0 | -€6,835 | -100% |
| Tangible fixed assets | 22/27 | €6,835 | €0 | -€6,835 | -100% |
| Furniture and vehicles | 24 | €4,248 | €0 | -€4,248 | -100% |
| Other tangible fixed assets | 26 | €2,588 | €0 | -€2,588 | -100% |
| Current assets | 29/58 | €164,864 | €32,456 | -€132,408 | -80.3% |
| Amounts receivable after more than one year | 29 | €90,932 | €0 | -€90,932 | -100% |
| Other amounts receivable | 291 | €90,932 | €0 | -€90,932 | -100% |
| Amounts receivable within one year | 40/41 | €11,588 | €19,644 | +€8,056 | +69.5% |
| Trade receivables | 40 | €11,588 | €19,066 | +€7,478 | +64.5% |
| Other amounts receivable | 41 | €0 | €578 | +€578 | |
| Cash at bank and in hand | 54/58 | €59,605 | €12,099 | -€47,506 | -79.7% |
| Deferred charges and accrued income | 490/1 | €2,739 | €713 | -€2,026 | -74.0% |
| Total equity and liabilities | 10/49 | €171,699 | €32,456 | -€139,243 | -81.1% |
| Equity | 10/15 | €55,002 | €26,710 | -€28,291 | -51.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,002 | €21,710 | -€28,291 | -56.6% |
| Amounts payable | 17/49 | €116,697 | €5,745 | -€110,952 | -95.1% |
| Amounts payable within one year | 42/48 | €116,697 | €5,745 | -€110,952 | -95.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,126 | €921 | -€205 | -18.2% |
| Suppliers | 440/4 | €1,126 | €921 | -€205 | -18.2% |
| Taxes, remuneration and social security | 45 | €5,571 | €3,423 | -€2,148 | -38.6% |
| Taxes | 450/3 | €5,571 | €3,423 | -€2,148 | -38.6% |
| Other amounts payable | 47/48 | €110,000 | €1,402 | -€108,598 | -98.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,639 | €0 | -€2,639 | -100% |
| Other operating charges | 640/8 | €1,199 | €1,564 | +€364 | +30.4% |
| Non-recurring operating charges | 66A | - | €6,835 | +€6,835 | |
| Gross operating margin | 9900 | -€30,537 | -€19,401 | +€11,136 | +36.5% |
| Operating profit (loss) | 9901 | -€34,376 | -€27,800 | +€6,576 | +19.1% |
| Financial income | 75/76B | €1,772 | €0 | -€1,772 | -100% |
| Recurring financial income | 75 | €1,772 | €0 | -€1,772 | -100% |
| Financial charges | 65/66B | €210 | €308 | +€98 | +46.9% |
| Recurring financial charges | 65 | €210 | €308 | +€98 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,814 | -€28,108 | +€4,705 | +14.3% |
| Income taxes | 67/77 | €202 | €183 | -€19 | -9.2% |
| Profit (loss) for the period | 9904 | -€33,015 | -€28,291 | +€4,724 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,015 | -€28,291 | +€4,724 | +14.3% |
Next steps
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 2 November 2026 via checked.be.