CREA-WARNIMONT: 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-WARNIMONT
Largest movements
- Tangible fixed assets +€8,021
up €8,021 (+26.6%), from €30,164 to €38,185
of which Plant, machinery and equipment: +€14,921
- Receivables within one year -€3,570
down €3,570 (-83.5%), from €4,278 to €708
of which Other amounts receivable: -€2,000
- Cash +€3,009
up €3,009 (+170%), from €1,769 to €4,778
mainly Other debts (+€17,295) and Depreciation (+€7,153)
- Other debts +€17,295
up €17,295 (+672%), from €2,573 to €19,868
- Profit (loss) carried forward -€4,429
down €4,429 (-164%), from -€2,704 to -€7,133
- Debts after one year -€3,929
down €3,929 (-27.9%), from €14,084 to €10,155
- Trade debts -€768
no longer reported in 2025 (was €768)
- Accrued charges and deferred income -€751
no longer reported in 2025 (was €751)
- Gross operating margin +€4,690
up €4,690 (+247%), from €1,901 to €6,591
- Taxes +€3,130
up €3,130, from -€2,473 to €657
- Depreciation +€2,817
up €2,817 (+65.0%), from €4,336 to €7,153
- Other operating charges +€1,330
up €1,330 (+121%), from €1,098 to €2,428
- Financial charges -€862
down €862 (-52.4%), from €1,644 to €782
of which Non-recurring financial charges: -€1,644
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 | €36,868 | €44,436 | +€7,568 | +20.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €30,164 | €38,185 | +€8,021 | +26.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €30,164 | €38,185 | +€8,021 | +26.6% |
| Plant, machinery and equipment | 23 | - | €14,921 | +€14,921 | |
| Furniture and vehicles | 24 | €30,164 | €23,264 | -€6,900 | -22.9% |
| Current assets | 29/58 | €6,704 | €6,252 | -€452 | -6.7% |
| Amounts receivable within one year | 40/41 | €4,278 | €708 | -€3,570 | -83.5% |
| Trade receivables | 40 | €2,278 | €708 | -€1,570 | -68.9% |
| Other amounts receivable | 41 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €1,769 | €4,778 | +€3,009 | +170% |
| Deferred charges and accrued income | 490/1 | €657 | €765 | +€109 | +16.6% |
| Total equity and liabilities | 10/49 | €36,868 | €44,436 | +€7,568 | +20.5% |
| Equity | 10/15 | €14,913 | €10,484 | -€4,429 | -29.7% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €14,017 | €14,017 | = | 0.0% |
| Distributable reserves | 133 | €14,017 | €14,017 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,704 | -€7,133 | -€4,429 | -164% |
| Amounts payable | 17/49 | €21,955 | €33,952 | +€11,997 | +54.6% |
| Amounts payable after more than one year | 17 | €14,084 | €10,155 | -€3,929 | -27.9% |
| Financial debts | 170/4 | €14,084 | €10,155 | -€3,929 | -27.9% |
| Amounts payable within one year | 42/48 | €7,120 | €23,798 | +€16,677 | +234% |
| Current portion of amounts payable after more than one year | 42 | €3,779 | €3,929 | +€151 | +4.0% |
| Trade debts | 44 | €768 | - | -€768 | |
| Suppliers | 440/4 | €768 | - | -€768 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,573 | €19,868 | +€17,295 | +672% |
| Accrued charges and deferred income | 492/3 | €751 | - | -€751 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,336 | €7,153 | +€2,817 | +65.0% |
| Other operating charges | 640/8 | €1,098 | €2,428 | +€1,330 | +121% |
| Gross operating margin | 9900 | €1,901 | €6,591 | +€4,690 | +247% |
| Operating profit (loss) | 9901 | -€3,533 | -€2,990 | +€543 | +15.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,644 | €782 | -€862 | -52.4% |
| Recurring financial charges | 65 | €1,644 | €782 | -€862 | -52.4% |
| Non-recurring financial charges | 66B | €1,644 | - | -€1,644 | |
| Profit (loss) for the period before taxes | 9903 | -€5,177 | -€3,772 | +€1,405 | +27.1% |
| Income taxes | 67/77 | -€2,473 | €657 | +€3,130 | |
| Profit (loss) for the period | 9904 | -€2,704 | -€4,429 | -€1,725 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,704 | -€4,429 | -€1,725 | -63.8% |
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 17 October 2026 via checked.be.