Crea S: 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 S
Largest movements
- Tangible fixed assets -€5,610
down €5,610 (-24.8%), from €22,578 to €16,968
of which Other tangible fixed assets: -€4,851
- Cash -€1,271
down €1,271 (-4.4%), from €28,595 to €27,324
mainly Net result for the year (-€7,790) and Receivables within one year (-€1,166)
- Receivables within one year +€1,166
new in 2025: €1,166
- Deferred charges and accrued income -€1,165
no longer reported in 2025 (was €1,165)
- Profit (loss) carried forward -€7,790
down €7,790 (-82.6%), from -€9,430 to -€17,220
- Gross operating margin -€1,125
down €1,125 (-2,003%), from -€56 to -€1,181
- Financial income -€385
down €385 (-75.6%), from €510 to €125
- Taxes -€226
down €226 (-85.8%), from €263 to €37
- Financial charges +€76
up €76 (+15.6%), from €489 to €566
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 | €59,231 | €51,838 | -€7,393 | -12.5% |
| Fixed assets | 21/28 | €22,674 | €17,064 | -€5,610 | -24.7% |
| Tangible fixed assets | 22/27 | €22,578 | €16,968 | -€5,610 | -24.8% |
| Plant, machinery and equipment | 23 | €1,174 | €881 | -€294 | -25.0% |
| Furniture and vehicles | 24 | €1,862 | €1,396 | -€465 | -25.0% |
| Other tangible fixed assets | 26 | €19,543 | €14,692 | -€4,851 | -24.8% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €36,557 | €34,774 | -€1,783 | -4.9% |
| Stocks and contracts in progress | 3 | €6,797 | €6,284 | -€513 | -7.5% |
| Stocks | 30/36 | €6,797 | €6,284 | -€513 | -7.5% |
| Amounts receivable within one year | 40/41 | - | €1,166 | +€1,166 | |
| Trade receivables | 40 | - | €1,166 | +€1,166 | |
| Cash at bank and in hand | 54/58 | €28,595 | €27,324 | -€1,271 | -4.4% |
| Deferred charges and accrued income | 490/1 | €1,165 | - | -€1,165 | |
| Total equity and liabilities | 10/49 | €59,231 | €51,838 | -€7,393 | -12.5% |
| Equity | 10/15 | €22,805 | €15,015 | -€7,790 | -34.2% |
| Contributions | 10/11 | €18,595 | €18,595 | = | 0.0% |
| Reserves | 13 | €13,640 | €13,640 | = | 0.0% |
| Distributable reserves | 133 | €13,640 | €13,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,430 | -€17,220 | -€7,790 | -82.6% |
| Amounts payable | 17/49 | €36,426 | €36,823 | +€397 | +1.1% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,426 | €16,823 | +€397 | +2.4% |
| Trade debts | 44 | €722 | €1,043 | +€321 | +44.5% |
| Suppliers | 440/4 | €722 | €1,043 | +€321 | +44.5% |
| Taxes, remuneration and social security | 45 | €1,204 | €1,280 | +€76 | +6.3% |
| Taxes | 450/3 | €1,204 | €1,280 | +€76 | +6.3% |
| Other amounts payable | 47/48 | €14,500 | €14,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,610 | €5,610 | = | 0.0% |
| Other operating charges | 640/8 | €515 | €520 | +€5 | +0.9% |
| Gross operating margin | 9900 | -€56 | -€1,181 | -€1,125 | -2,003% |
| Operating profit (loss) | 9901 | -€6,181 | -€7,311 | -€1,130 | -18.3% |
| Financial income | 75/76B | €510 | €125 | -€385 | -75.6% |
| Recurring financial income | 75 | €510 | €125 | -€385 | -75.6% |
| Financial charges | 65/66B | €489 | €566 | +€76 | +15.6% |
| Recurring financial charges | 65 | €489 | €566 | +€76 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,161 | -€7,752 | -€1,592 | -25.8% |
| Income taxes | 67/77 | €263 | €37 | -€226 | -85.8% |
| Profit (loss) for the period | 9904 | -€6,424 | -€7,790 | -€1,366 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,424 | -€7,790 | -€1,366 | -21.3% |
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 23 October 2026 via checked.be.