Crea ' VerTe: 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 ' VerTe
Largest movements
- Receivables within one year -€24,435
down €24,435 (-68.4%), from €35,716 to €11,281
of which Trade receivables: -€16,456
- Tangible fixed assets +€12,347
up €12,347 (+22.7%), from €54,324 to €66,671
of which Plant, machinery and equipment: +€12,462
- Stocks and contracts -€7,500
down €7,500 (-66.4%), from €11,289 to €3,789
- Cash -€3,451
down €3,451 (-94.2%), from €3,663 to €212
mainly Trade debts (-€21,569) and Investment in fixed assets (net) (-€19,410)
- Deferred charges and accrued income -€1,369
down €1,369 (-59.8%), from €2,288 to €920
- Trade debts -€21,569
down €21,569 (-92.1%), from €23,419 to €1,850
- Short-term financial debts -€15,000
down €15,000 (-30.0%), from €50,000 to €35,000
- Tax, wage and social debts +€11,382
up €11,382 (+423%), from €2,691 to €14,073
- Current portion of long-term debt -€6,713
no longer reported in 2025 (was €6,713)
- Other debts +€6,319
up €6,319 (+112%), from €5,655 to €11,974
- Gross operating margin +€6,220
up €6,220 (+78.4%), from €7,937 to €14,157
- Financial income -€3,505
down €3,505 (-98.4%), from €3,561 to €56
- Financial charges -€1,980
down €1,980 (-34.1%), from €5,805 to €3,826
- Other operating charges -€1,632
down €1,632 (-52.5%), from €3,111 to €1,479
- Taxes -€514
down €514 (-99.6%), from €516 to €2
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 | €107,280 | €82,873 | -€24,407 | -22.8% |
| Fixed assets | 21/28 | €54,324 | €66,671 | +€12,347 | +22.7% |
| Tangible fixed assets | 22/27 | €54,324 | €66,671 | +€12,347 | +22.7% |
| Plant, machinery and equipment | 23 | €45,634 | €58,095 | +€12,462 | +27.3% |
| Furniture and vehicles | 24 | €8,690 | €8,576 | -€114 | -1.3% |
| Current assets | 29/58 | €52,957 | €16,202 | -€36,755 | -69.4% |
| Stocks and contracts in progress | 3 | €11,289 | €3,789 | -€7,500 | -66.4% |
| Stocks | 30/36 | €11,289 | €3,789 | -€7,500 | -66.4% |
| Amounts receivable within one year | 40/41 | €35,716 | €11,281 | -€24,435 | -68.4% |
| Trade receivables | 40 | €27,736 | €11,280 | -€16,456 | -59.3% |
| Other amounts receivable | 41 | €7,980 | €1 | -€7,979 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,663 | €212 | -€3,451 | -94.2% |
| Deferred charges and accrued income | 490/1 | €2,288 | €920 | -€1,369 | -59.8% |
| Total equity and liabilities | 10/49 | €107,280 | €82,873 | -€24,407 | -22.8% |
| Equity | 10/15 | €17,671 | €19,976 | +€2,304 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,198 | €53,198 | = | 0.0% |
| Distributable reserves | 133 | €53,198 | €53,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,727 | -€39,423 | +€2,304 | +5.5% |
| Amounts payable | 17/49 | €89,609 | €62,897 | -€26,712 | -29.8% |
| Amounts payable within one year | 42/48 | €88,477 | €62,897 | -€25,580 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €6,713 | - | -€6,713 | |
| Financial debts | 43 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Credit institutions | 430/8 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Trade debts | 44 | €23,419 | €1,850 | -€21,569 | -92.1% |
| Suppliers | 440/4 | €23,419 | €1,850 | -€21,569 | -92.1% |
| Taxes, remuneration and social security | 45 | €2,691 | €14,073 | +€11,382 | +423% |
| Taxes | 450/3 | €2,691 | €14,073 | +€11,382 | +423% |
| Other amounts payable | 47/48 | €5,655 | €11,974 | +€6,319 | +112% |
| Accrued charges and deferred income | 492/3 | €1,131 | - | -€1,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,553 | €7,063 | -€490 | -6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€250 | -€461 | -€211 | -84.5% |
| Other operating charges | 640/8 | €3,111 | €1,479 | -€1,632 | -52.5% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €7,937 | €14,157 | +€6,220 | +78.4% |
| Operating profit (loss) | 9901 | -€2,728 | €6,076 | +€8,804 | |
| Financial income | 75/76B | €3,561 | €56 | -€3,505 | -98.4% |
| Recurring financial income | 75 | €3,561 | €56 | -€3,505 | -98.4% |
| Financial charges | 65/66B | €5,805 | €3,826 | -€1,980 | -34.1% |
| Recurring financial charges | 65 | €5,805 | €3,826 | -€1,980 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,972 | €2,307 | +€7,278 | |
| Income taxes | 67/77 | €516 | €2 | -€514 | -99.6% |
| Profit (loss) for the period | 9904 | -€5,488 | €2,304 | +€7,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,488 | €2,304 | +€7,792 |
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.