CREA SERVICES BELGIUM: 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 SERVICES BELGIUM
Largest movements
- Tangible fixed assets -€39,711
down €39,711 (-9.0%), from €440,119 to €400,408
of which Land and buildings: -€33,099
- Receivables within one year -€31,860
down €31,860 (-57.3%), from €55,616 to €23,756
of which Other amounts receivable: -€27,621
- Stocks and contracts +€6,825
up €6,825 (+9.1%), from €75,342 to €82,167
- Debts after one year -€60,027
down €60,027 (-46.2%), from €129,988 to €69,961
- Current portion of long-term debt -€22,538
down €22,538 (-27.2%), from €82,775 to €60,238
- Other debts +€20,436
up €20,436 (+62.4%), from €32,761 to €53,197
- Tax, wage and social debts +€15,698
up €15,698 (+178%), from €8,799 to €24,497
of which Taxes: +€18,827
- Reserves -€10,896
down €10,896 (-8.0%), from €136,456 to €125,560
- Gross operating margin -€63,055
down €63,055 (-31.3%), from €201,614 to €138,560
- Depreciation -€29,926
down €29,926 (-41.6%), from €71,883 to €41,957
- Staff costs -€23,458
down €23,458 (-41.0%), from €57,248 to €33,790
- Other operating charges -€13,682
down €13,682 (-74.4%), from €18,378 to €4,696
- Taxes -€6,821
down €6,821 (-28.1%), from €24,257 to €17,436
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 | €583,767 | €525,754 | -€58,014 | -9.9% |
| Fixed assets | 21/28 | €440,119 | €400,408 | -€39,711 | -9.0% |
| Tangible fixed assets | 22/27 | €440,119 | €400,408 | -€39,711 | -9.0% |
| Land and buildings | 22 | €423,975 | €390,876 | -€33,099 | -7.8% |
| Plant, machinery and equipment | 23 | €6,397 | €2,897 | -€3,500 | -54.7% |
| Furniture and vehicles | 24 | €9,747 | €6,635 | -€3,111 | -31.9% |
| Current assets | 29/58 | €143,648 | €125,345 | -€18,303 | -12.7% |
| Stocks and contracts in progress | 3 | €75,342 | €82,167 | +€6,825 | +9.1% |
| Stocks | 30/36 | €75,342 | €82,167 | +€6,825 | +9.1% |
| Amounts receivable within one year | 40/41 | €55,616 | €23,756 | -€31,860 | -57.3% |
| Trade receivables | 40 | €13,692 | €9,453 | -€4,239 | -31.0% |
| Other amounts receivable | 41 | €41,924 | €14,303 | -€27,621 | -65.9% |
| Cash at bank and in hand | 54/58 | €12,545 | €17,912 | +€5,367 | +42.8% |
| Deferred charges and accrued income | 490/1 | €145 | €1,510 | +€1,365 | +942% |
| Total equity and liabilities | 10/49 | €583,767 | €525,754 | -€58,014 | -9.9% |
| Equity | 10/15 | €328,749 | €317,861 | -€10,887 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,456 | €125,560 | -€10,896 | -8.0% |
| Distributable reserves | 133 | €136,456 | €125,560 | -€10,896 | -8.0% |
| Profit (loss) carried forward | 14 | €186,092 | €186,101 | +€9 | 0.0% |
| Amounts payable | 17/49 | €255,018 | €207,892 | -€47,126 | -18.5% |
| Amounts payable after more than one year | 17 | €129,988 | €69,961 | -€60,027 | -46.2% |
| Financial debts | 170/4 | €129,988 | €69,961 | -€60,027 | -46.2% |
| Amounts payable within one year | 42/48 | €124,335 | €137,931 | +€13,596 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €82,775 | €60,238 | -€22,538 | -27.2% |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,799 | €24,497 | +€15,698 | +178% |
| Taxes | 450/3 | €3,818 | €22,645 | +€18,827 | +493% |
| Remuneration and social security | 454/9 | €4,981 | €1,852 | -€3,129 | -62.8% |
| Other amounts payable | 47/48 | €32,761 | €53,197 | +€20,436 | +62.4% |
| Accrued charges and deferred income | 492/3 | €695 | - | -€695 | |
| Remuneration, social security and pensions | 62 | €57,248 | €33,790 | -€23,458 | -41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,883 | €41,957 | -€29,926 | -41.6% |
| Other operating charges | 640/8 | €18,378 | €4,696 | -€13,682 | -74.4% |
| Gross operating margin | 9900 | €201,614 | €138,560 | -€63,055 | -31.3% |
| Operating profit (loss) | 9901 | €54,106 | €58,118 | +€4,012 | +7.4% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €11,916 | €7,482 | -€4,434 | -37.2% |
| Recurring financial charges | 65 | €11,916 | €7,482 | -€4,434 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €42,189 | €50,645 | +€8,456 | +20.0% |
| Income taxes | 67/77 | €24,257 | €17,436 | -€6,821 | -28.1% |
| Profit (loss) for the period | 9904 | €17,932 | €33,209 | +€15,277 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,932 | €33,209 | +€15,277 | +85.2% |
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 30 October 2026 via checked.be.