CREA FACADE: 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 FACADE
Largest movements
- Tangible fixed assets +€53,007
new in 2025: €53,007
- Cash +€33,635
up €33,635 (+26.4%), from €127,428 to €161,063
mainly Trade debts (+€32,890) and Debts after one year (+€24,601)
- Receivables within one year +€18,516
up €18,516 (+226%), from €8,186 to €26,702
of which Trade receivables: +€9,279
- Trade debts +€32,890
up €32,890 (+347%), from €9,469 to €42,359
- Debts after one year +€24,601
new in 2025: €24,601
- Profit (loss) carried forward +€24,465
up €24,465 (+32.1%), from €76,196 to €100,661
- Current portion of long-term debt +€17,781
new in 2025: €17,781
- Tax, wage and social debts +€5,208
up €5,208 (+19.6%), from €26,583 to €31,791
of which Taxes: +€5,635
- Gross operating margin +€94,900
up €94,900 (+59.6%), from €159,204 to €254,104
- Staff costs +€70,004
up €70,004 (+57.3%), from €122,100 to €192,104
- Depreciation +€18,052
new in 2025: €18,052
- Taxes +€6,395
up €6,395 (+77.5%), from €8,256 to €14,651
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 | €136,454 | €241,612 | +€105,158 | +77.1% |
| Fixed assets | 21/28 | €840 | €53,847 | +€53,007 | +6,310% |
| Tangible fixed assets | 22/27 | - | €53,007 | +€53,007 | |
| Furniture and vehicles | 24 | - | €53,007 | +€53,007 | |
| Financial fixed assets | 28 | €840 | €840 | = | 0.0% |
| Current assets | 29/58 | €135,614 | €187,765 | +€52,151 | +38.5% |
| Amounts receivable within one year | 40/41 | €8,186 | €26,702 | +€18,516 | +226% |
| Trade receivables | 40 | €8,186 | €17,465 | +€9,279 | +113% |
| Other amounts receivable | 41 | - | €9,237 | +€9,237 | |
| Cash at bank and in hand | 54/58 | €127,428 | €161,063 | +€33,635 | +26.4% |
| Total equity and liabilities | 10/49 | €136,454 | €241,612 | +€105,158 | +77.1% |
| Equity | 10/15 | €86,196 | €110,661 | +€24,465 | +28.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,196 | €100,661 | +€24,465 | +32.1% |
| Amounts payable | 17/49 | €50,258 | €130,951 | +€80,693 | +161% |
| Amounts payable after more than one year | 17 | - | €24,601 | +€24,601 | |
| Financial debts | 170/4 | - | €24,601 | +€24,601 | |
| Amounts payable within one year | 42/48 | €44,580 | €98,507 | +€53,927 | +121% |
| Current portion of amounts payable after more than one year | 42 | - | €17,781 | +€17,781 | |
| Trade debts | 44 | €9,469 | €42,359 | +€32,890 | +347% |
| Suppliers | 440/4 | €9,469 | €42,359 | +€32,890 | +347% |
| Taxes, remuneration and social security | 45 | €26,583 | €31,791 | +€5,208 | +19.6% |
| Taxes | 450/3 | €12,455 | €18,090 | +€5,635 | +45.2% |
| Remuneration and social security | 454/9 | €14,128 | €13,701 | -€427 | -3.0% |
| Other amounts payable | 47/48 | €8,528 | €6,576 | -€1,952 | -22.9% |
| Accrued charges and deferred income | 492/3 | €5,678 | €7,843 | +€2,165 | +38.1% |
| Remuneration, social security and pensions | 62 | €122,100 | €192,104 | +€70,004 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,052 | +€18,052 | |
| Other operating charges | 640/8 | €583 | €2,990 | +€2,407 | +413% |
| Gross operating margin | 9900 | €159,204 | €254,104 | +€94,900 | +59.6% |
| Operating profit (loss) | 9901 | €36,521 | €40,958 | +€4,437 | +12.1% |
| Financial charges | 65/66B | €47 | €1,842 | +€1,795 | +3,819% |
| Recurring financial charges | 65 | €47 | €1,842 | +€1,795 | +3,819% |
| Profit (loss) for the period before taxes | 9903 | €36,474 | €39,116 | +€2,642 | +7.2% |
| Income taxes | 67/77 | €8,256 | €14,651 | +€6,395 | +77.5% |
| Profit (loss) for the period | 9904 | €28,218 | €24,465 | -€3,753 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,218 | €24,465 | -€3,753 | -13.3% |
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 16 October 2026 via checked.be.