CREA CONSULT: what changed
Two financial 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 CONSULT
Largest movements
- Tangible fixed assets +€43,949
up €43,949 (+3,936%), from €1,116 to €45,065
of which Furniture and vehicles: +€42,678
- Receivables within one year +€28,837
up €28,837 (+332%), from €8,688 to €37,526
of which Other amounts receivable: +€28,080
- Cash -€10,500
down €10,500 (-25.5%), from €41,130 to €30,630
mainly Investment in fixed assets (net) (-€44,464) and Receivables within one year (-€28,837)
- Financial fixed assets -€2,373
down €2,373 (-12.4%), from €19,157 to €16,784
- Deferred charges and accrued income -€1,371
down €1,371 (-95.0%), from €1,443 to €72
- Debts after one year +€30,134
new in 2025: €30,134
- Reserves +€18,256
up €18,256 (+32.5%), from €56,167 to €74,423
- Current portion of long-term debt +€7,436
new in 2025: €7,436
- Tax, wage and social debts +€4,380
up €4,380 (+55.3%), from €7,916 to €12,296
of which Remuneration and social security: +€2,800
- Gross operating margin +€13,989
up €13,989 (+76.2%), from €18,359 to €32,348
- Taxes +€3,235
up €3,235 (+52.2%), from €6,193 to €9,427
- Depreciation +€2,369
up €2,369 (+456%), from €520 to €2,889
- Financial income -€388
down €388 (-43.4%), from €894 to €506
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.
Derived cash bridge
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 | €74,925 | €132,947 | +€58,022 | +77.4% |
| Fixed assets | 21/28 | €20,274 | €61,849 | +€41,575 | +205% |
| Tangible fixed assets | 22/27 | €1,116 | €45,065 | +€43,949 | +3,936% |
| Plant, machinery and equipment | 23 | €1,116 | €2,387 | +€1,271 | +114% |
| Furniture and vehicles | 24 | - | €42,678 | +€42,678 | |
| Financial fixed assets | 28 | €19,157 | €16,784 | -€2,373 | -12.4% |
| Current assets | 29/58 | €54,652 | €71,098 | +€16,446 | +30.1% |
| Stocks and contracts in progress | 3 | €3,390 | €2,870 | -€520 | -15.3% |
| Stocks | 30/36 | €3,390 | €2,870 | -€520 | -15.3% |
| Amounts receivable within one year | 40/41 | €8,688 | €37,526 | +€28,837 | +332% |
| Trade receivables | 40 | €0 | €758 | +€758 | |
| Other amounts receivable | 41 | €8,688 | €36,768 | +€28,080 | +323% |
| Cash at bank and in hand | 54/58 | €41,130 | €30,630 | -€10,500 | -25.5% |
| Deferred charges and accrued income | 490/1 | €1,443 | €72 | -€1,371 | -95.0% |
| Total equity and liabilities | 10/49 | €74,925 | €132,947 | +€58,022 | +77.4% |
| Equity | 10/15 | €62,367 | €80,623 | +€18,256 | +29.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,167 | €74,423 | +€18,256 | +32.5% |
| Distributable reserves | 133 | €56,167 | €74,423 | +€18,256 | +32.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,559 | €52,324 | +€39,765 | +317% |
| Amounts payable after more than one year | 17 | - | €30,134 | +€30,134 | |
| Financial debts | 170/4 | - | €30,134 | +€30,134 | |
| Amounts payable within one year | 42/48 | €11,717 | €22,172 | +€10,455 | +89.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,436 | +€7,436 | |
| Financial debts | 43 | €1,727 | €1,566 | -€161 | -9.3% |
| Credit institutions | 430/8 | €1,727 | €1,566 | -€161 | -9.3% |
| Trade debts | 44 | €2,074 | €874 | -€1,200 | -57.9% |
| Suppliers | 440/4 | €540 | €0 | -€540 | -100% |
| Bills of exchange payable | 441 | €1,534 | €874 | -€660 | -43.0% |
| Taxes, remuneration and social security | 45 | €7,916 | €12,296 | +€4,380 | +55.3% |
| Taxes | 450/3 | €7,916 | €9,496 | +€1,580 | +20.0% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Accrued charges and deferred income | 492/3 | €842 | €18 | -€824 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €2,889 | +€2,369 | +456% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,338 | €1,490 | +€152 | +11.4% |
| Gross operating margin | 9900 | €18,359 | €32,348 | +€13,989 | +76.2% |
| Operating profit (loss) | 9901 | €16,502 | €27,969 | +€11,467 | +69.5% |
| Financial income | 75/76B | €894 | €506 | -€388 | -43.4% |
| Recurring financial income | 75 | €894 | €506 | -€388 | -43.4% |
| Financial charges | 65/66B | €807 | €791 | -€17 | -2.1% |
| Recurring financial charges | 65 | €807 | €791 | -€17 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €16,588 | €27,684 | +€11,096 | +66.9% |
| Income taxes | 67/77 | €6,193 | €9,427 | +€3,235 | +52.2% |
| Profit (loss) for the period | 9904 | €10,395 | €18,256 | +€7,862 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,395 | €18,256 | +€7,862 | +75.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.