CREA2: 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.
CREA2
Largest movements
- Receivables within one year -€14,550
down €14,550 (-85.0%), from €17,111 to €2,561
of which Trade receivables: -€14,102
- Reserves -€14,672
down €14,672 (-80.6%), from €18,199 to €3,527
- Trade debts -€971
down €971 (-12.8%), from €7,603 to €6,632
- Other debts +€731
new in 2025: €731
- Gross operating margin -€7,429
down €7,429 (-57.0%), from €13,029 to €5,600
- Other operating charges +€4,506
up €4,506 (+581.4%), from €775 to €5,281
- Financial income -€179
down €179 (-84.8%), from €211 to €32
- Taxes -€136
down €136 (-33.6%), from €405 to €269
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 | €32,002 | €17,350 | -€14,652 | -45.8% |
| Current assets | 29/58 | €32,002 | €17,350 | -€14,652 | -45.8% |
| Amounts receivable within one year | 40/41 | €17,111 | €2,561 | -€14,550 | -85.0% |
| Trade receivables | 40 | €15,344 | €1,242 | -€14,102 | -91.9% |
| Other amounts receivable | 41 | €1,767 | €1,319 | -€448 | -25.4% |
| Cash at bank and in hand | 54/58 | €14,772 | €14,629 | -€143 | -1.0% |
| Deferred charges and accrued income | 490/1 | €119 | €160 | +€41 | +34.5% |
| Total equity and liabilities | 10/49 | €32,002 | €17,350 | -€14,652 | -45.8% |
| Equity | 10/15 | €24,399 | €9,727 | -€14,672 | -60.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,199 | €3,527 | -€14,672 | -80.6% |
| Distributable reserves | 133 | €18,199 | €3,527 | -€14,672 | -80.6% |
| Amounts payable | 17/49 | €7,603 | €7,623 | +€20 | +0.3% |
| Amounts payable within one year | 42/48 | €7,603 | €7,623 | +€20 | +0.3% |
| Trade debts | 44 | €7,603 | €6,632 | -€971 | -12.8% |
| Suppliers | 440/4 | €7,603 | €6,632 | -€971 | -12.8% |
| Taxes, remuneration and social security | 45 | - | €260 | +€260 | |
| Taxes | 450/3 | - | €260 | +€260 | |
| Other amounts payable | 47/48 | - | €731 | +€731 | |
| Other operating charges | 640/8 | €775 | €5,281 | +€4,506 | +581.4% |
| Gross operating margin | 9900 | €13,029 | €5,600 | -€7,429 | -57.0% |
| Operating profit (loss) | 9901 | €12,254 | €319 | -€11,935 | -97.4% |
| Financial income | 75/76B | €211 | €32 | -€179 | -84.8% |
| Recurring financial income | 75 | €211 | €32 | -€179 | -84.8% |
| Financial charges | 65/66B | €45 | €133 | +€88 | +195.6% |
| Recurring financial charges | 65 | €45 | €133 | +€88 | +195.6% |
| Profit (loss) for the period before taxes | 9903 | €12,420 | €218 | -€12,202 | -98.2% |
| Income taxes | 67/77 | €405 | €269 | -€136 | -33.6% |
| Profit (loss) for the period | 9904 | €12,015 | -€51 | -€12,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,015 | -€51 | -€12,066 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.