CREA - CONCEPT: 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.
CREA - CONCEPT
Largest movements
- Intangible fixed assets -€11,000
down €11,000 (-14.5%), from €76,083 to €65,083
- Receivables within one year -€1,240
down €1,240 (-38.4%), from €3,226 to €1,986
of which Trade receivables: -€1,326
- Cash -€1,084
down €1,084 (-7.5%), from €14,446 to €13,362
mainly Other debts (-€11,312) and Net result for the year (-€2,675)
- Other debts -€11,312
down €11,312 (-21.7%), from €52,136 to €40,824
- Profit (loss) carried forward -€2,674
down €2,674 (-15.2%), from €17,637 to €14,963
- Tax, wage and social debts +€1,779
up €1,779 (+111.0%), from €1,603 to €3,382
- Trade debts -€1,184
down €1,184 (-21.9%), from €5,398 to €4,214
- Gross operating margin -€19,335
down €19,335 (-61.1%), from €31,626 to €12,291
- Financial charges -€2,691
down €2,691 (-81.1%), from €3,317 to €626
- Other operating charges -€1,507
down €1,507 (-42.9%), from €3,515 to €2,008
- Taxes +€1,332
new in 2025: €1,332
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 | €97,225 | €83,834 | -€13,391 | -13.8% |
| Fixed assets | 21/28 | €79,486 | €68,487 | -€10,999 | -13.8% |
| Intangible fixed assets | 21 | €76,083 | €65,083 | -€11,000 | -14.5% |
| Financial fixed assets | 28 | €3,403 | €3,403 | +€0 | 0.0% |
| Current assets | 29/58 | €17,739 | €15,348 | -€2,391 | -13.5% |
| Amounts receivable within one year | 40/41 | €3,226 | €1,986 | -€1,240 | -38.4% |
| Trade receivables | 40 | €3,226 | €1,900 | -€1,326 | -41.1% |
| Other amounts receivable | 41 | - | €86 | +€86 | |
| Cash at bank and in hand | 54/58 | €14,446 | €13,362 | -€1,084 | -7.5% |
| Deferred charges and accrued income | 490/1 | €67 | - | -€67 | |
| Total equity and liabilities | 10/49 | €97,225 | €83,834 | -€13,391 | -13.8% |
| Equity | 10/15 | €38,088 | €35,414 | -€2,674 | -7.0% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Other | 1319 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €17,637 | €14,963 | -€2,674 | -15.2% |
| Amounts payable | 17/49 | €59,137 | €48,421 | -€10,716 | -18.1% |
| Amounts payable within one year | 42/48 | €59,137 | €48,421 | -€10,716 | -18.1% |
| Trade debts | 44 | €5,398 | €4,214 | -€1,184 | -21.9% |
| Suppliers | 440/4 | €5,398 | €4,214 | -€1,184 | -21.9% |
| Taxes, remuneration and social security | 45 | €1,603 | €3,382 | +€1,779 | +111.0% |
| Taxes | 450/3 | €1,603 | €3,382 | +€1,779 | +111.0% |
| Other amounts payable | 47/48 | €52,136 | €40,824 | -€11,312 | -21.7% |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,000 | €11,000 | = | 0.0% |
| Other operating charges | 640/8 | €3,515 | €2,008 | -€1,507 | -42.9% |
| Gross operating margin | 9900 | €31,626 | €12,291 | -€19,335 | -61.1% |
| Operating profit (loss) | 9901 | €17,111 | -€717 | -€17,828 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,317 | €626 | -€2,691 | -81.1% |
| Recurring financial charges | 65 | €3,317 | €626 | -€2,691 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €13,794 | -€1,343 | -€15,137 | |
| Income taxes | 67/77 | - | €1,332 | +€1,332 | |
| Profit (loss) for the period | 9904 | €13,794 | -€2,675 | -€16,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,794 | -€2,675 | -€16,469 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.