CREACON CONSULT: 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.
CREACON CONSULT
Largest movements
- Current investments +€120,000
new in 2025: €120,000
- Cash -€45,214
down €45,214 (-27.9%), from €162,216 to €117,001
mainly Current investments (-€120,000) and Contributions, distributions and other (-€42,750)
- Tangible fixed assets -€32,479
down €32,479 (-14.2%), from €228,637 to €196,158
of which Land and buildings: -€32,255
- Reserves +€45,227
up €45,227 (+14.4%), from €314,526 to €359,752
of which Distributable reserves: +€45,362
- Debts after one year -€22,893
down €22,893 (-82.5%), from €27,750 to €4,857
- Other debts +€20,536
up €20,536 (+88.5%), from €23,203 to €43,739
- Current portion of long-term debt -€10,919
down €10,919 (-33.5%), from €32,607 to €21,688
- Tax, wage and social debts +€9,733
up €9,733 (+47.6%), from €20,451 to €30,184
- Gross operating margin +€59,044
up €59,044 (+53.0%), from €111,305 to €170,350
- Taxes +€19,000
up €19,000 (+84.6%), from €22,447 to €41,446
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 | €433,295 | €473,782 | +€40,487 | +9.3% |
| Fixed assets | 21/28 | €228,637 | €196,158 | -€32,479 | -14.2% |
| Tangible fixed assets | 22/27 | €228,637 | €196,158 | -€32,479 | -14.2% |
| Land and buildings | 22 | €225,523 | €193,269 | -€32,255 | -14.3% |
| Plant, machinery and equipment | 23 | €1,437 | €784 | -€653 | -45.4% |
| Furniture and vehicles | 24 | €1,676 | €2,105 | +€428 | +25.6% |
| Current assets | 29/58 | €204,658 | €277,624 | +€72,966 | +35.7% |
| Amounts receivable within one year | 40/41 | €39,946 | €40,125 | +€179 | +0.4% |
| Trade receivables | 40 | €27,393 | €32,761 | +€5,367 | +19.6% |
| Other amounts receivable | 41 | €12,553 | €7,365 | -€5,189 | -41.3% |
| Current investments | 50/53 | - | €120,000 | +€120,000 | |
| Cash at bank and in hand | 54/58 | €162,216 | €117,001 | -€45,214 | -27.9% |
| Deferred charges and accrued income | 490/1 | €2,496 | €498 | -€1,998 | -80.1% |
| Total equity and liabilities | 10/49 | €433,295 | €473,782 | +€40,487 | +9.3% |
| Equity | 10/15 | €327,092 | €372,319 | +€45,227 | +13.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €314,526 | €359,752 | +€45,227 | +14.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €743 | €608 | -€135 | -18.2% |
| Distributable reserves | 133 | €313,782 | €359,144 | +€45,362 | +14.5% |
| Profit (loss) carried forward | 14 | €167 | €167 | = | 0.0% |
| Provisions and deferred taxes | 16 | €191 | €156 | -€35 | -18.2% |
| Deferred taxes | 168 | €191 | €156 | -€35 | -18.2% |
| Amounts payable | 17/49 | €106,012 | €101,307 | -€4,705 | -4.4% |
| Amounts payable after more than one year | 17 | €27,750 | €4,857 | -€22,893 | -82.5% |
| Financial debts | 170/4 | €27,750 | €4,857 | -€22,893 | -82.5% |
| Amounts payable within one year | 42/48 | €78,262 | €96,450 | +€18,188 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €32,607 | €21,688 | -€10,919 | -33.5% |
| Trade debts | 44 | €2,001 | €838 | -€1,163 | -58.1% |
| Suppliers | 440/4 | €2,001 | €838 | -€1,163 | -58.1% |
| Taxes, remuneration and social security | 45 | €20,451 | €30,184 | +€9,733 | +47.6% |
| Taxes | 450/3 | €20,451 | €30,184 | +€9,733 | +47.6% |
| Other amounts payable | 47/48 | €23,203 | €43,739 | +€20,536 | +88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,869 | €34,858 | -€1,011 | -2.8% |
| Other operating charges | 640/8 | €2,122 | €1,889 | -€234 | -11.0% |
| Gross operating margin | 9900 | €111,305 | €170,350 | +€59,044 | +53.0% |
| Operating profit (loss) | 9901 | €73,314 | €133,603 | +€60,289 | +82.2% |
| Financial income | 75/76B | - | €59 | +€59 | |
| Recurring financial income | 75 | - | €59 | +€59 | |
| Financial charges | 65/66B | €3,427 | €4,273 | +€846 | +24.7% |
| Recurring financial charges | 65 | €3,427 | €4,273 | +€846 | +24.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €69,887 | €129,389 | +€59,502 | +85.1% |
| Transfer from deferred taxes | 780 | €119 | €35 | -€85 | -71.0% |
| Income taxes | 67/77 | €22,447 | €41,446 | +€19,000 | +84.6% |
| Profit (loss) for the period | 9904 | €47,560 | €87,977 | +€40,417 | +85.0% |
| Transfer from tax-exempt reserves | 789 | €466 | €135 | -€331 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,025 | €88,112 | +€40,086 | +83.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.