Crea Ligna: 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 Ligna
Largest movements
- Tangible fixed assets -€38,506
down €38,506 (-19.4%), from €198,379 to €159,873
of which Plant, machinery and equipment: -€28,125
- Cash +€4,965
up €4,965 (+403%), from €1,233 to €6,198
mainly Other debts (+€86,547) and Depreciation (+€39,893)
- Receivables within one year +€2,885
up €2,885 (+49.2%), from €5,869 to €8,753
of which Trade receivables: +€6,480
- Profit (loss) carried forward -€126,370
down €126,370 (-47.0%), from -€268,812 to -€395,182
- Other debts +€86,547
up €86,547 (+18.6%), from €464,918 to €551,465
- Trade debts +€10,667
up €10,667 (+727%), from €1,467 to €12,134
- Gross operating margin +€11,387
up €11,387 (+11.7%), from -€97,059 to -€85,671
- Depreciation +€4,124
up €4,124 (+11.5%), from €35,770 to €39,893
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 | €209,074 | €178,417 | -€30,656 | -14.7% |
| Fixed assets | 21/28 | €201,973 | €163,467 | -€38,506 | -19.1% |
| Tangible fixed assets | 22/27 | €198,379 | €159,873 | -€38,506 | -19.4% |
| Plant, machinery and equipment | 23 | €151,719 | €123,594 | -€28,125 | -18.5% |
| Furniture and vehicles | 24 | €46,659 | €36,279 | -€10,380 | -22.2% |
| Financial fixed assets | 28 | €3,594 | €3,594 | = | 0.0% |
| Current assets | 29/58 | €7,101 | €14,951 | +€7,850 | +111% |
| Amounts receivable within one year | 40/41 | €5,869 | €8,753 | +€2,885 | +49.2% |
| Trade receivables | 40 | - | €6,480 | +€6,480 | |
| Other amounts receivable | 41 | €5,869 | €2,273 | -€3,595 | -61.3% |
| Cash at bank and in hand | 54/58 | €1,233 | €6,198 | +€4,965 | +403% |
| Total equity and liabilities | 10/49 | €209,074 | €178,417 | -€30,656 | -14.7% |
| Equity | 10/15 | -€258,812 | -€385,182 | -€126,370 | -48.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,812 | -€395,182 | -€126,370 | -47.0% |
| Amounts payable | 17/49 | €467,885 | €563,599 | +€95,714 | +20.5% |
| Amounts payable within one year | 42/48 | €466,385 | €563,599 | +€97,214 | +20.8% |
| Trade debts | 44 | €1,467 | €12,134 | +€10,667 | +727% |
| Suppliers | 440/4 | €1,467 | €12,134 | +€10,667 | +727% |
| Other amounts payable | 47/48 | €464,918 | €551,465 | +€86,547 | +18.6% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,770 | €39,893 | +€4,124 | +11.5% |
| Other operating charges | 640/8 | €298 | €533 | +€235 | +78.8% |
| Gross operating margin | 9900 | -€97,059 | -€85,671 | +€11,387 | +11.7% |
| Operating profit (loss) | 9901 | -€133,126 | -€126,098 | +€7,029 | +5.3% |
| Financial income | 75/76B | €61 | - | -€61 | |
| Recurring financial income | 75 | €61 | - | -€61 | |
| Financial charges | 65/66B | €790 | €273 | -€517 | -65.5% |
| Recurring financial charges | 65 | €790 | €273 | -€517 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€133,856 | -€126,370 | +€7,485 | +5.6% |
| Profit (loss) for the period | 9904 | -€133,856 | -€126,370 | +€7,485 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,856 | -€126,370 | +€7,485 | +5.6% |
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 23 October 2026 via checked.be.