Creach: 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.
Creach
Largest movements
- Receivables within one year +€11,701
up €11,701 (+31.1%), from €37,656 to €49,357
of which Other amounts receivable: +€11,321
- Cash -€3,525
down €3,525 (-7.5%), from €46,835 to €43,310
mainly Contributions, distributions and other (-€76,657) and Tax, wage and social debts (-€15,169)
- Tangible fixed assets -€1,416
down €1,416 (-5.1%), from €27,632 to €26,217
of which Land and buildings: -€720
- Deferred charges and accrued income +€1,331
up €1,331 (+783.1%), from €170 to €1,502
- Other debts +€56,657
up €56,657 (+283.3%), from €20,000 to €76,657
- Reserves -€28,401
down €28,401 (-100.0%), from €28,401 to €0
- Tax, wage and social debts -€15,169
down €15,169 (-68.4%), from €22,186 to €7,017
of which Taxes: -€12,711
- Debts after one year -€3,929
down €3,929 (-19.8%), from €19,827 to €15,898
of which Financial debts: -€3,689
- Financial income -€3,544
down €3,544 (-71.9%), from €4,926 to €1,382
- Gross operating margin +€3,304
up €3,304 (+5.3%), from €61,828 to €65,132
- Financial charges -€751
down €751 (-22.9%), from €3,283 to €2,532
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 | €112,294 | €120,386 | +€8,092 | +7.2% |
| Fixed assets | 21/28 | €27,632 | €26,217 | -€1,416 | -5.1% |
| Tangible fixed assets | 22/27 | €27,632 | €26,217 | -€1,416 | -5.1% |
| Land and buildings | 22 | €26,133 | €25,413 | -€720 | -2.8% |
| Furniture and vehicles | 24 | €1,500 | €804 | -€696 | -46.4% |
| Current assets | 29/58 | €84,662 | €94,169 | +€9,507 | +11.2% |
| Amounts receivable within one year | 40/41 | €37,656 | €49,357 | +€11,701 | +31.1% |
| Trade receivables | 40 | €18,219 | €18,599 | +€380 | +2.1% |
| Other amounts receivable | 41 | €19,437 | €30,758 | +€11,321 | +58.2% |
| Cash at bank and in hand | 54/58 | €46,835 | €43,310 | -€3,525 | -7.5% |
| Deferred charges and accrued income | 490/1 | €170 | €1,502 | +€1,331 | +783.1% |
| Total equity and liabilities | 10/49 | €112,294 | €120,386 | +€8,092 | +7.2% |
| Equity | 10/15 | €33,401 | €5,000 | -€28,401 | -85.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,401 | €0 | -€28,401 | -100.0% |
| Distributable reserves | 133 | €28,401 | €0 | -€28,401 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,893 | €115,386 | +€36,493 | +46.3% |
| Amounts payable after more than one year | 17 | €19,827 | €15,898 | -€3,929 | -19.8% |
| Financial debts | 170/4 | €19,587 | €15,898 | -€3,689 | -18.8% |
| Other amounts payable | 178/9 | €240 | €0 | -€240 | -100.0% |
| Amounts payable within one year | 42/48 | €58,625 | €99,271 | +€40,646 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | €3,517 | €3,689 | +€172 | +4.9% |
| Financial debts | 43 | €5,693 | €5,096 | -€597 | -10.5% |
| Credit institutions | 430/8 | €5,693 | €5,096 | -€597 | -10.5% |
| Trade debts | 44 | €7,229 | €6,811 | -€417 | -5.8% |
| Suppliers | 440/4 | €7,229 | €6,811 | -€417 | -5.8% |
| Taxes, remuneration and social security | 45 | €22,186 | €7,017 | -€15,169 | -68.4% |
| Taxes | 450/3 | €19,728 | €7,017 | -€12,711 | -64.4% |
| Remuneration and social security | 454/9 | €2,458 | €0 | -€2,458 | -100.0% |
| Other amounts payable | 47/48 | €20,000 | €76,657 | +€56,657 | +283.3% |
| Accrued charges and deferred income | 492/3 | €440 | €217 | -€224 | -50.8% |
| Non-recurring operating income | 76A | - | €580 | +€580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,306 | €1,416 | +€109 | +8.4% |
| Other operating charges | 640/8 | €681 | €1,191 | +€511 | +75.0% |
| Non-recurring operating charges | 66A | €115 | €0 | -€115 | -100.0% |
| Gross operating margin | 9900 | €61,828 | €65,132 | +€3,304 | +5.3% |
| Operating profit (loss) | 9901 | €59,726 | €62,525 | +€2,798 | +4.7% |
| Financial income | 75/76B | €4,926 | €1,382 | -€3,544 | -71.9% |
| Recurring financial income | 75 | €4,926 | €1,382 | -€3,544 | -71.9% |
| Financial charges | 65/66B | €3,283 | €2,532 | -€751 | -22.9% |
| Recurring financial charges | 65 | €3,283 | €2,532 | -€751 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €61,370 | €61,375 | +€5 | 0.0% |
| Income taxes | 67/77 | €12,968 | €13,120 | +€151 | +1.2% |
| Profit (loss) for the period | 9904 | €48,401 | €48,256 | -€146 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,401 | €48,256 | -€146 | -0.3% |
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 29 September 2026 via checked.be.