CREA-TINE: 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-TINE
Largest movements
- Cash +€5,996
up €5,996 (+13.9%), from €43,137 to €49,133
mainly Depreciation (+€7,872) and Net result for the year (+€6,691)
- Receivables within one year +€5,042
up €5,042 (+71.9%), from €7,008 to €12,050
- Tangible fixed assets -€1,178
down €1,178 (-3.5%), from €33,679 to €32,501
of which Other tangible fixed assets: -€3,083
- Reserves +€6,691
up €6,691 (+9.5%), from €70,076 to €76,767
of which Distributable reserves: +€6,691
- Trade debts +€5,460
up €5,460 (+595%), from €918 to €6,378
- Tax, wage and social debts -€1,977
down €1,977 (-24.7%), from €7,989 to €6,012
- Gross operating margin -€25,213
down €25,213 (-52.9%), from €47,625 to €22,412
- Taxes -€7,749
down €7,749 (-72.8%), from €10,640 to €2,891
- Purchases and services +€6,883
up €6,883 (+7.6%), from €90,686 to €97,569
- Financial charges +€1,041
up €1,041 (+31.4%), from €3,317 to €4,357
- Depreciation +€853
up €853 (+12.2%), from €7,019 to €7,872
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 | €89,254 | €99,428 | +€10,174 | +11.4% |
| Fixed assets | 21/28 | €33,679 | €32,501 | -€1,178 | -3.5% |
| Tangible fixed assets | 22/27 | €33,679 | €32,501 | -€1,178 | -3.5% |
| Plant, machinery and equipment | 23 | €1,286 | €301 | -€985 | -76.6% |
| Furniture and vehicles | 24 | €5,034 | €7,924 | +€2,890 | +57.4% |
| Other tangible fixed assets | 26 | €27,359 | €24,276 | -€3,083 | -11.3% |
| Current assets | 29/58 | €55,575 | €66,928 | +€11,352 | +20.4% |
| Stocks and contracts in progress | 3 | €5,430 | €5,745 | +€315 | +5.8% |
| Stocks | 30/36 | €5,430 | €5,745 | +€315 | +5.8% |
| Amounts receivable within one year | 40/41 | €7,008 | €12,050 | +€5,042 | +71.9% |
| Other amounts receivable | 41 | €7,008 | €12,050 | +€5,042 | +71.9% |
| Cash at bank and in hand | 54/58 | €43,137 | €49,133 | +€5,996 | +13.9% |
| Total equity and liabilities | 10/49 | €89,254 | €99,428 | +€10,174 | +11.4% |
| Equity | 10/15 | €80,347 | €87,039 | +€6,691 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,076 | €76,767 | +€6,691 | +9.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,216 | €74,907 | +€6,691 | +9.8% |
| Profit (loss) carried forward | 14 | €4,071 | €4,071 | = | 0.0% |
| Amounts payable | 17/49 | €8,907 | €12,389 | +€3,483 | +39.1% |
| Amounts payable within one year | 42/48 | €8,907 | €12,389 | +€3,483 | +39.1% |
| Trade debts | 44 | €918 | €6,378 | +€5,460 | +595% |
| Suppliers | 440/4 | €918 | €6,378 | +€5,460 | +595% |
| Taxes, remuneration and social security | 45 | €7,989 | €6,012 | -€1,977 | -24.7% |
| Taxes | 450/3 | €7,989 | €6,012 | -€1,977 | -24.7% |
| Non-recurring operating income | 76A | €13,575 | - | -€13,575 | |
| Goods, raw materials, services and sundry goods | 60/61 | €90,686 | €97,569 | +€6,883 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,019 | €7,872 | +€853 | +12.2% |
| Other operating charges | 640/8 | €722 | €601 | -€121 | -16.7% |
| Gross operating margin | 9900 | €47,625 | €22,412 | -€25,213 | -52.9% |
| Operating profit (loss) | 9901 | €39,885 | €13,939 | -€25,946 | -65.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.2% |
| Financial charges | 65/66B | €3,317 | €4,357 | +€1,041 | +31.4% |
| Recurring financial charges | 65 | €3,317 | €4,357 | +€1,041 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €36,569 | €9,582 | -€26,987 | -73.8% |
| Income taxes | 67/77 | €10,640 | €2,891 | -€7,749 | -72.8% |
| Profit (loss) for the period | 9904 | €25,930 | €6,691 | -€19,239 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,930 | €6,691 | -€19,239 | -74.2% |
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 25 October 2026 via checked.be.