CREACORE: 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.
CREACORE
Largest movements
- Cash +€135,406
up €135,406 (+1170.4%), from €11,569 to €146,975
mainly Other debts (+€100,000) and Trade debts (+€61,082)
- Current investments -€49,400
down €49,400 (-49.4%), from €100,000 to €50,600
- Receivables within one year -€18,263
down €18,263 (-26.8%), from €68,232 to €49,969
of which Trade receivables: -€18,130
- Other debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€90,990
down €90,990 (-65.7%), from €138,415 to €47,425
- Trade debts +€61,082
up €61,082 (+178.7%), from €34,190 to €95,272
- Gross operating margin -€42,454
down €42,454 (-87.1%), from €48,733 to €6,279
- Taxes -€4,880
down €4,880 (-100.0%), from €4,880 to €0
- Financial income +€2,929
up €2,929 (+950.7%), from €308 to €3,237
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 | €181,384 | €249,127 | +€67,743 | +37.3% |
| Fixed assets | 21/28 | €220 | €220 | = | 0.0% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €181,164 | €248,907 | +€67,743 | +37.4% |
| Amounts receivable within one year | 40/41 | €68,232 | €49,969 | -€18,263 | -26.8% |
| Trade receivables | 40 | €56,005 | €37,875 | -€18,130 | -32.4% |
| Other amounts receivable | 41 | €12,227 | €12,094 | -€133 | -1.1% |
| Current investments | 50/53 | €100,000 | €50,600 | -€49,400 | -49.4% |
| Cash at bank and in hand | 54/58 | €11,569 | €146,975 | +€135,406 | +1170.4% |
| Deferred charges and accrued income | 490/1 | €1,362 | €1,362 | = | 0.0% |
| Total equity and liabilities | 10/49 | €181,384 | €249,127 | +€67,743 | +37.3% |
| Equity | 10/15 | €144,625 | €53,635 | -€90,990 | -62.9% |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,415 | €47,425 | -€90,990 | -65.7% |
| Amounts payable | 17/49 | €36,759 | €195,492 | +€158,733 | +431.8% |
| Amounts payable within one year | 42/48 | €36,215 | €195,272 | +€159,057 | +439.2% |
| Trade debts | 44 | €34,190 | €95,272 | +€61,082 | +178.7% |
| Suppliers | 440/4 | €34,190 | €95,272 | +€61,082 | +178.7% |
| Taxes, remuneration and social security | 45 | €2,025 | €0 | -€2,025 | -100.0% |
| Taxes | 450/3 | €2,025 | €0 | -€2,025 | -100.0% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €544 | €220 | -€324 | -59.6% |
| Other operating charges | 640/8 | €575 | €308 | -€267 | -46.5% |
| Gross operating margin | 9900 | €48,733 | €6,279 | -€42,454 | -87.1% |
| Operating profit (loss) | 9901 | €48,158 | €5,971 | -€42,187 | -87.6% |
| Financial income | 75/76B | €308 | €3,237 | +€2,929 | +950.7% |
| Recurring financial income | 75 | €308 | €3,237 | +€2,929 | +950.7% |
| Financial charges | 65/66B | €116 | €198 | +€82 | +70.3% |
| Recurring financial charges | 65 | €116 | €198 | +€82 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €48,350 | €9,010 | -€39,340 | -81.4% |
| Income taxes | 67/77 | €4,880 | €0 | -€4,880 | -100.0% |
| Profit (loss) for the period | 9904 | €43,470 | €9,010 | -€34,460 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,470 | €9,010 | -€34,460 | -79.3% |
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 5 October 2026 via checked.be.