CREA - TEC: what changed
Two fiscal 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 - TEC
Largest movements
- Cash -€43,812
down €43,812 (-23.9%), from €183,170 to €139,358
mainly Trade debts (-€19,767) and Other debts (-€15,065)
- Tangible fixed assets +€4,444
up €4,444 (+324.1%), from €1,371 to €5,815
of which Leasing and similar rights: +€5,256
- Receivables within one year +€3,751
up €3,751 (+54.1%), from €6,935 to €10,686
of which Trade receivables: +€7,382
- Trade debts -€19,767
down €19,767 (-87.0%), from €22,733 to €2,966
- Other debts -€15,065
down €15,065 (-90.2%), from €16,709 to €1,644
- Profit (loss) carried forward -€6,945
down €6,945 (-5.5%), from €126,393 to €119,448
- Tax, wage and social debts +€5,772
up €5,772 (+410.9%), from €1,405 to €7,177
- Gross operating margin -€21,854
down €21,854 (-76.4%), from €28,589 to €6,735
- Financial charges +€11,516
up €11,516 (+1121.4%), from €1,027 to €12,543
- Financial income -€4,693
down €4,693 (-82.5%), from €5,687 to €994
- Taxes -€1,228
down €1,228 (-87.4%), from €1,405 to €177
- Depreciation +€439
up €439 (+46.3%), from €949 to €1,388
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.
Cash bridge derived
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 | €195,238 | €159,233 | -€36,004 | -18.4% |
| Fixed assets | 21/28 | €1,371 | €5,815 | +€4,444 | +324.1% |
| Tangible fixed assets | 22/27 | €1,371 | €5,815 | +€4,444 | +324.1% |
| Plant, machinery and equipment | 23 | €274 | - | -€274 | |
| Furniture and vehicles | 24 | €1,098 | €559 | -€538 | -49.0% |
| Leasing and similar rights | 25 | - | €5,256 | +€5,256 | |
| Current assets | 29/58 | €193,866 | €153,418 | -€40,448 | -20.9% |
| Amounts receivable within one year | 40/41 | €6,935 | €10,686 | +€3,751 | +54.1% |
| Trade receivables | 40 | €3,303 | €10,686 | +€7,382 | +223.5% |
| Other amounts receivable | 41 | €3,632 | - | -€3,632 | |
| Cash at bank and in hand | 54/58 | €183,170 | €139,358 | -€43,812 | -23.9% |
| Deferred charges and accrued income | 490/1 | €3,761 | €3,375 | -€387 | -10.3% |
| Total equity and liabilities | 10/49 | €195,238 | €159,233 | -€36,004 | -18.4% |
| Equity | 10/15 | €154,391 | €147,445 | -€6,945 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,397 | €9,397 | = | 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% |
| Tax-exempt reserves | 132 | €1,537 | €1,537 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,393 | €119,448 | -€6,945 | -5.5% |
| Amounts payable | 17/49 | €40,847 | €11,788 | -€29,059 | -71.1% |
| Amounts payable within one year | 42/48 | €40,847 | €11,787 | -€29,060 | -71.1% |
| Trade debts | 44 | €22,733 | €2,966 | -€19,767 | -87.0% |
| Suppliers | 440/4 | €22,733 | €2,966 | -€19,767 | -87.0% |
| Taxes, remuneration and social security | 45 | €1,405 | €7,177 | +€5,772 | +410.9% |
| Taxes | 450/3 | €1,405 | €7,177 | +€5,772 | +410.9% |
| Other amounts payable | 47/48 | €16,709 | €1,644 | -€15,065 | -90.2% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €1,388 | +€439 | +46.3% |
| Other operating charges | 640/8 | €748 | €555 | -€193 | -25.8% |
| Non-recurring operating charges | 66A | - | €11 | +€11 | |
| Gross operating margin | 9900 | €28,589 | €6,735 | -€21,854 | -76.4% |
| Operating profit (loss) | 9901 | €26,892 | €4,781 | -€22,111 | -82.2% |
| Financial income | 75/76B | €5,687 | €994 | -€4,693 | -82.5% |
| Recurring financial income | 75 | €5,687 | €994 | -€4,693 | -82.5% |
| Financial charges | 65/66B | €1,027 | €12,543 | +€11,516 | +1121.4% |
| Recurring financial charges | 65 | €1,027 | €12,543 | +€11,516 | +1121.4% |
| Profit (loss) for the period before taxes | 9903 | €31,552 | -€6,768 | -€38,320 | |
| Income taxes | 67/77 | €1,405 | €177 | -€1,228 | -87.4% |
| Profit (loss) for the period | 9904 | €30,147 | -€6,945 | -€37,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,147 | -€6,945 | -€37,092 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.