CREAconstruct: 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.
CREAconstruct
Largest movements
- Tangible fixed assets -€13,162
down €13,162 (-47.3%), from €27,823 to €14,662
of which Leasing and similar rights: -€12,141
- Stocks and contracts -€8,750
down €8,750 (-50.0%), from €17,500 to €8,750
- Receivables within one year +€8,514
up €8,514 (+73.6%), from €11,566 to €20,080
of which Trade receivables: +€8,514
- Cash +€6,059
up €6,059 (+8.2%), from €73,983 to €80,041
mainly Depreciation (+€13,380) and Stocks and contracts (+€8,750)
- Debts after one year -€11,230
down €11,230 (-85.6%), from €13,121 to €1,891
- Trade debts -€7,538
down €7,538 (-63.6%), from €11,849 to €4,311
- Profit (loss) carried forward +€5,690
up €5,690 (+23.2%), from €24,524 to €30,214
- Tax, wage and social debts +€3,016
up €3,016 (+52.0%), from €5,805 to €8,822
- Other debts +€2,361
up €2,361 (+8.4%), from €28,236 to €30,597
- Gross operating margin +€7,199
up €7,199 (+53.2%), from €13,538 to €20,737
- Financial income +€1,500
new in 2025: €1,500
of which Financial income: +€1,500
- Other operating charges -€1,323
down €1,323 (-68.0%), from €1,946 to €623
- Financial charges -€1,151
down €1,151 (-42.0%), from €2,740 to €1,589
- Taxes +€770
up €770 (+415%), from €185 to €956
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 | €131,302 | €123,745 | -€7,557 | -5.8% |
| Fixed assets | 21/28 | €28,254 | €14,874 | -€13,380 | -47.4% |
| Intangible fixed assets | 21 | €281 | €63 | -€218 | -77.7% |
| Tangible fixed assets | 22/27 | €27,823 | €14,662 | -€13,162 | -47.3% |
| Plant, machinery and equipment | 23 | €269 | - | -€269 | |
| Furniture and vehicles | 24 | €1,311 | €558 | -€752 | -57.4% |
| Leasing and similar rights | 25 | €26,244 | €14,103 | -€12,141 | -46.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €103,048 | €108,871 | +€5,823 | +5.7% |
| Stocks and contracts in progress | 3 | €17,500 | €8,750 | -€8,750 | -50.0% |
| Contracts in progress | 37 | €17,500 | €8,750 | -€8,750 | -50.0% |
| Amounts receivable within one year | 40/41 | €11,566 | €20,080 | +€8,514 | +73.6% |
| Trade receivables | 40 | €11,288 | €19,803 | +€8,514 | +75.4% |
| Other amounts receivable | 41 | €277 | €277 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,983 | €80,041 | +€6,059 | +8.2% |
| Total equity and liabilities | 10/49 | €131,302 | €123,745 | -€7,557 | -5.8% |
| Equity | 10/15 | €61,174 | €66,864 | +€5,690 | +9.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,650 | €16,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,650 | €14,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,524 | €30,214 | +€5,690 | +23.2% |
| Amounts payable | 17/49 | €70,128 | €56,881 | -€13,247 | -18.9% |
| Amounts payable after more than one year | 17 | €13,121 | €1,891 | -€11,230 | -85.6% |
| Financial debts | 170/4 | €13,121 | €1,891 | -€11,230 | -85.6% |
| Amounts payable within one year | 42/48 | €57,007 | €54,991 | -€2,017 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €11,118 | €11,261 | +€143 | +1.3% |
| Trade debts | 44 | €11,849 | €4,311 | -€7,538 | -63.6% |
| Suppliers | 440/4 | €11,849 | €4,311 | -€7,538 | -63.6% |
| Taxes, remuneration and social security | 45 | €5,805 | €8,822 | +€3,016 | +52.0% |
| Taxes | 450/3 | €5,805 | €8,822 | +€3,016 | +52.0% |
| Other amounts payable | 47/48 | €28,236 | €30,597 | +€2,361 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,977 | €13,380 | -€597 | -4.3% |
| Other operating charges | 640/8 | €1,946 | €623 | -€1,323 | -68.0% |
| Gross operating margin | 9900 | €13,538 | €20,737 | +€7,199 | +53.2% |
| Operating profit (loss) | 9901 | -€2,384 | €6,735 | +€9,119 | |
| Financial income | 75/76B | - | €1,500 | +€1,500 | |
| Recurring financial income | 75 | - | €1,500 | +€1,500 | |
| Non-recurring financial income | 76B | - | €1,500 | +€1,500 | |
| Financial charges | 65/66B | €2,740 | €1,589 | -€1,151 | -42.0% |
| Recurring financial charges | 65 | €2,740 | €1,589 | -€1,151 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,124 | €6,646 | +€11,770 | |
| Income taxes | 67/77 | €185 | €956 | +€770 | +415% |
| Profit (loss) for the period | 9904 | -€5,309 | €5,690 | +€11,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,309 | €5,690 | +€11,000 |
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 16 October 2026 via checked.be.