CREACHEM: 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.
CREACHEM
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+1236.7%), from €93,068 to €1.2m
of which Other amounts receivable: +€881,585
- Cash -€1.1m
down €1.1m (-99.7%), from €1.1m to €3,428
mainly Receivables within one year (-€1.2m) and Net result for the year (-€131,475)
- Trade debts +€164,090
up €164,090 (+127.0%), from €129,202 to €293,292
- Profit (loss) carried forward -€131,475
down €131,475 (-19.9%), from €661,714 to €530,239
- Debts after one year -€43,800
down €43,800 (-80.0%), from €54,750 to €10,950
- Other debts +€21,867
up €21,867 (+8.9%), from €244,589 to €266,456
- Gross operating margin -€716,131
down €716,131, from €613,981 to -€102,150
- Taxes -€144,589
no longer reported in 2025 (was €144,589)
- Other operating charges +€43,890
up €43,890 (+796.9%), from €5,507 to €49,397
- Financial income +€34,421
up €34,421 (+2777.5%), from €1,239 to €35,660
- Staff costs -€25,434
down €25,434, from €25,339 to -€95
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 | €1,213,930 | €1,248,799 | +€34,870 | +2.9% |
| Fixed assets | 21/28 | €1,757 | €949 | -€808 | -46.0% |
| Tangible fixed assets | 22/27 | €1,757 | €749 | -€1,008 | -57.4% |
| Furniture and vehicles | 24 | €1,757 | €749 | -€1,008 | -57.4% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €1,212,173 | €1,247,850 | +€35,678 | +2.9% |
| Amounts receivable within one year | 40/41 | €93,068 | €1,244,007 | +€1.2m | +1236.7% |
| Trade receivables | 40 | €78,932 | €348,286 | +€269,354 | +341.2% |
| Other amounts receivable | 41 | €14,136 | €895,721 | +€881,585 | +6236.6% |
| Cash at bank and in hand | 54/58 | €1,119,105 | €3,428 | -€1.1m | -99.7% |
| Deferred charges and accrued income | 490/1 | - | €415 | +€415 | |
| Total equity and liabilities | 10/49 | €1,213,930 | €1,248,799 | +€34,870 | +2.9% |
| Equity | 10/15 | €694,714 | €563,239 | -€131,475 | -18.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €661,714 | €530,239 | -€131,475 | -19.9% |
| Amounts payable | 17/49 | €519,216 | €685,560 | +€166,345 | +32.0% |
| Amounts payable after more than one year | 17 | €54,750 | €10,950 | -€43,800 | -80.0% |
| Financial debts | 170/4 | €54,750 | €10,950 | -€43,800 | -80.0% |
| Amounts payable within one year | 42/48 | €442,228 | €645,232 | +€203,003 | +45.9% |
| Current portion of amounts payable after more than one year | 42 | €43,800 | €51,100 | +€7,300 | +16.7% |
| Financial debts | 43 | - | €9,837 | +€9,837 | |
| Credit institutions | 430/8 | - | €9,837 | +€9,837 | |
| Trade debts | 44 | €129,202 | €293,292 | +€164,090 | +127.0% |
| Suppliers | 440/4 | €129,202 | €293,292 | +€164,090 | +127.0% |
| Taxes, remuneration and social security | 45 | €24,638 | €24,546 | -€92 | -0.4% |
| Taxes | 450/3 | €24,546 | €24,546 | = | 0.0% |
| Remuneration and social security | 454/9 | €92 | - | -€92 | |
| Other amounts payable | 47/48 | €244,589 | €266,456 | +€21,867 | +8.9% |
| Accrued charges and deferred income | 492/3 | €22,237 | €29,379 | +€7,142 | +32.1% |
| Remuneration, social security and pensions | 62 | €25,339 | -€95 | -€25,434 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,164 | €1,008 | -€156 | -13.4% |
| Other operating charges | 640/8 | €5,507 | €49,397 | +€43,890 | +796.9% |
| Gross operating margin | 9900 | €613,981 | -€102,150 | -€716,131 | |
| Operating profit (loss) | 9901 | €581,971 | -€152,460 | -€734,431 | |
| Financial income | 75/76B | €1,239 | €35,660 | +€34,421 | +2777.5% |
| Recurring financial income | 75 | €1,239 | €35,660 | +€34,421 | +2777.5% |
| Financial charges | 65/66B | €8,365 | €14,675 | +€6,311 | +75.4% |
| Recurring financial charges | 65 | €8,365 | €14,675 | +€6,311 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €574,845 | -€131,475 | -€706,320 | |
| Income taxes | 67/77 | €144,589 | - | -€144,589 | |
| Profit (loss) for the period | 9904 | €430,256 | -€131,475 | -€561,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €430,256 | -€131,475 | -€561,731 |
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 2 October 2026 via checked.be.