Con Creet: what changed
Con Creet
Largest movements
- Receivables within one year -€19,027
down €19,027 (-39.8%), from €47,793 to €28,767
of which Trade receivables: -€18,842
- Tangible fixed assets +€16,855
up €16,855 (+176%), from €9,556 to €26,410
of which Furniture and vehicles: +€14,965
- Cash +€3,326
up €3,326 (+116%), from €2,866 to €6,192
mainly Receivables within one year (+€19,027) and Depreciation (+€8,245)
- Intangible fixed assets -€2,534
down €2,534 (-27.4%), from €9,261 to €6,727
- Debts after one year -€7,666
down €7,666 (-24.4%), from €31,399 to €23,734
- Other debts -€6,121
down €6,121 (-90.2%), from €6,786 to €665
- Trade debts +€5,703
up €5,703 (+24.1%), from €23,653 to €29,356
- Tax, wage and social debts +€4,218
new in 2025: €4,218
- Reserves +€2,000
new in 2025: €2,000
- Staff costs -€10,690
down €10,690 (-90.0%), from €11,880 to €1,190
- Depreciation +€4,645
up €4,645 (+129%), from €3,600 to €8,245
- Taxes +€4,128
up €4,128 (+833%), from €496 to €4,624
- Gross operating margin -€1,563
down €1,563 (-7.9%), from €19,850 to €18,287
- Financial charges -€995
down €995 (-51.0%), from €1,950 to €956
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 | €72,739 | €71,269 | -€1,470 | -2.0% |
| Fixed assets | 21/28 | €18,816 | €33,137 | +€14,321 | +76.1% |
| Intangible fixed assets | 21 | €9,261 | €6,727 | -€2,534 | -27.4% |
| Tangible fixed assets | 22/27 | €9,556 | €26,410 | +€16,855 | +176% |
| Plant, machinery and equipment | 23 | €8,320 | €10,209 | +€1,890 | +22.7% |
| Furniture and vehicles | 24 | €1,236 | €16,201 | +€14,965 | +1,211% |
| Current assets | 29/58 | €53,923 | €38,131 | -€15,791 | -29.3% |
| Stocks and contracts in progress | 3 | €2,750 | €3,000 | +€250 | +9.1% |
| Stocks | 30/36 | €2,750 | €3,000 | +€250 | +9.1% |
| Amounts receivable within one year | 40/41 | €47,793 | €28,767 | -€19,027 | -39.8% |
| Trade receivables | 40 | €33,968 | €15,125 | -€18,842 | -55.5% |
| Other amounts receivable | 41 | €13,826 | €13,641 | -€184 | -1.3% |
| Cash at bank and in hand | 54/58 | €2,866 | €6,192 | +€3,326 | +116% |
| Deferred charges and accrued income | 490/1 | €513 | €173 | -€340 | -66.3% |
| Total equity and liabilities | 10/49 | €72,739 | €71,269 | -€1,470 | -2.0% |
| Equity | 10/15 | €3,333 | €5,367 | +€2,035 | +61.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €333 | €367 | +€35 | +10.4% |
| Amounts payable | 17/49 | €69,406 | €65,901 | -€3,505 | -5.0% |
| Amounts payable after more than one year | 17 | €31,399 | €23,734 | -€7,666 | -24.4% |
| Financial debts | 170/4 | €31,399 | €23,734 | -€7,666 | -24.4% |
| Amounts payable within one year | 42/48 | €38,007 | €42,168 | +€4,161 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €7,568 | €7,929 | +€361 | +4.8% |
| Trade debts | 44 | €23,653 | €29,356 | +€5,703 | +24.1% |
| Suppliers | 440/4 | €23,653 | €29,356 | +€5,703 | +24.1% |
| Taxes, remuneration and social security | 45 | - | €4,218 | +€4,218 | |
| Taxes | 450/3 | - | €4,218 | +€4,218 | |
| Other amounts payable | 47/48 | €6,786 | €665 | -€6,121 | -90.2% |
| Remuneration, social security and pensions | 62 | €11,880 | €1,190 | -€10,690 | -90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,600 | €8,245 | +€4,645 | +129% |
| Other operating charges | 640/8 | €1,890 | €2,001 | +€111 | +5.9% |
| Gross operating margin | 9900 | €19,850 | €18,287 | -€1,563 | -7.9% |
| Operating profit (loss) | 9901 | €2,480 | €6,852 | +€4,372 | +176% |
| Financial income | 75/76B | €298 | €762 | +€464 | +156% |
| Recurring financial income | 75 | €298 | €762 | +€464 | +156% |
| Financial charges | 65/66B | €1,950 | €956 | -€995 | -51.0% |
| Recurring financial charges | 65 | €1,950 | €956 | -€995 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €829 | €6,659 | +€5,830 | +704% |
| Income taxes | 67/77 | €496 | €4,624 | +€4,128 | +833% |
| Profit (loss) for the period | 9904 | €333 | €2,035 | +€1,702 | +512% |
| Profit (loss) for the period to be appropriated | 9905 | €333 | €2,035 | +€1,702 | +512% |
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 3 November 2026 via checked.be.