CREA-MORE: 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-MORE
Largest movements
- Tangible fixed assets -€6,410
down €6,410 (-11.7%), from €54,892 to €48,482
of which Furniture and vehicles: -€3,503
- Cash -€5,673
down €5,673 (-76.0%), from €7,466 to €1,793
mainly Net result for the year (-€12,075) and Tax, wage and social debts (-€2,687)
- Receivables within one year -€1,504
down €1,504 (-66.3%), from €2,270 to €766
of which Trade receivables: -€1,696
- Deferred charges and accrued income -€917
down €917 (-65.1%), from €1,409 to €492
- Profit (loss) carried forward -€12,075
down €12,075 (-20.9%), from €57,753 to €45,678
- Other debts +€2,848
up €2,848 (+53.9%), from €5,284 to €8,132
- Tax, wage and social debts -€2,687
down €2,687 (-91.2%), from €2,946 to €258
- Trade debts -€2,590
down €2,590 (-59.9%), from €4,322 to €1,732
- Depreciation -€2,702
down €2,702 (-29.7%), from €9,112 to €6,410
- Gross operating margin -€1,323
down €1,323 (-45.1%), from -€2,935 to -€4,259
- Other operating charges -€574
down €574 (-36.5%), from €1,572 to €998
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 | €78,364 | €63,860 | -€14,504 | -18.5% |
| Fixed assets | 21/28 | €54,892 | €48,482 | -€6,410 | -11.7% |
| Tangible fixed assets | 22/27 | €54,892 | €48,482 | -€6,410 | -11.7% |
| Land and buildings | 22 | €51,389 | €48,482 | -€2,907 | -5.7% |
| Furniture and vehicles | 24 | €3,503 | €0 | -€3,503 | -100% |
| Current assets | 29/58 | €23,472 | €15,378 | -€8,094 | -34.5% |
| Stocks and contracts in progress | 3 | €12,327 | €12,327 | = | 0.0% |
| Stocks | 30/36 | €12,327 | €12,327 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,270 | €766 | -€1,504 | -66.3% |
| Trade receivables | 40 | €2,270 | €575 | -€1,696 | -74.7% |
| Other amounts receivable | 41 | - | €191 | +€191 | |
| Cash at bank and in hand | 54/58 | €7,466 | €1,793 | -€5,673 | -76.0% |
| Deferred charges and accrued income | 490/1 | €1,409 | €492 | -€917 | -65.1% |
| Total equity and liabilities | 10/49 | €78,364 | €63,860 | -€14,504 | -18.5% |
| Equity | 10/15 | €65,813 | €53,738 | -€12,075 | -18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,753 | €45,678 | -€12,075 | -20.9% |
| Amounts payable | 17/49 | €12,551 | €10,122 | -€2,429 | -19.4% |
| Amounts payable within one year | 42/48 | €12,551 | €10,122 | -€2,429 | -19.4% |
| Trade debts | 44 | €4,322 | €1,732 | -€2,590 | -59.9% |
| Suppliers | 440/4 | €4,322 | €1,732 | -€2,590 | -59.9% |
| Taxes, remuneration and social security | 45 | €2,946 | €258 | -€2,687 | -91.2% |
| Taxes | 450/3 | €2,946 | €258 | -€2,687 | -91.2% |
| Other amounts payable | 47/48 | €5,284 | €8,132 | +€2,848 | +53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,112 | €6,410 | -€2,702 | -29.7% |
| Other operating charges | 640/8 | €1,572 | €998 | -€574 | -36.5% |
| Gross operating margin | 9900 | -€2,935 | -€4,259 | -€1,323 | -45.1% |
| Operating profit (loss) | 9901 | -€13,620 | -€11,667 | +€1,953 | +14.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,755 | -€11,817 | +€1,938 | +14.1% |
| Income taxes | 67/77 | €279 | €258 | -€21 | -7.4% |
| Profit (loss) for the period | 9904 | -€14,034 | -€12,075 | +€1,959 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,034 | -€12,075 | +€1,959 | +14.0% |
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 13 October 2026 via checked.be.