CREACT: 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.
CREACT
Largest movements
- Receivables within one year +€124,170
up €124,170 (+197.5%), from €62,863 to €187,033
of which Trade receivables: +€119,147
- Cash +€11,156
up €11,156 (+59.9%), from €18,624 to €29,780
mainly Accrued charges and deferred income (+€52,500) and Net result for the year (+€45,029)
- Deferred charges and accrued income +€2,327
up €2,327 (+522.0%), from €446 to €2,773
- Accrued charges and deferred income +€52,500
new in 2025: €52,500
- Other debts +€43,043
up €43,043 (+2199.8%), from €1,957 to €45,000
- Tax, wage and social debts +€30,309
up €30,309 (+92.4%), from €32,790 to €63,099
of which Taxes: +€22,495
- Trade debts +€12,740
up €12,740 (+63.1%), from €20,203 to €32,944
- Gross operating margin +€83,131
up €83,131 (+183.2%), from €45,366 to €128,497
- Staff costs +€55,876
up €55,876 (+10745.5%), from €520 to €56,396
- Taxes +€7,071
up €7,071 (+75.0%), from €9,429 to €16,500
- Financial charges +€3,073
up €3,073 (+289.3%), from €1,062 to €4,135
- Other operating charges +€1,629
up €1,629 (+174.0%), from €936 to €2,564
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 | €91,606 | €229,175 | +€137,569 | +150.2% |
| Fixed assets | 21/28 | €9,673 | €9,589 | -€84 | -0.9% |
| Intangible fixed assets | 21 | €689 | €544 | -€145 | -21.0% |
| Tangible fixed assets | 22/27 | €8,984 | €9,045 | +€61 | +0.7% |
| Plant, machinery and equipment | 23 | €1,827 | €4,428 | +€2,601 | +142.4% |
| Furniture and vehicles | 24 | €7,157 | €4,617 | -€2,541 | -35.5% |
| Current assets | 29/58 | €81,933 | €219,586 | +€137,653 | +168.0% |
| Amounts receivable within one year | 40/41 | €62,863 | €187,033 | +€124,170 | +197.5% |
| Trade receivables | 40 | €62,716 | €181,863 | +€119,147 | +190.0% |
| Other amounts receivable | 41 | €147 | €5,171 | +€5,023 | +3414.3% |
| Cash at bank and in hand | 54/58 | €18,624 | €29,780 | +€11,156 | +59.9% |
| Deferred charges and accrued income | 490/1 | €446 | €2,773 | +€2,327 | +522.0% |
| Total equity and liabilities | 10/49 | €91,606 | €229,175 | +€137,569 | +150.2% |
| Equity | 10/15 | €34,704 | €34,733 | +€29 | +0.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,204 | €32,233 | +€29 | +0.1% |
| Amounts payable | 17/49 | €56,902 | €194,441 | +€137,540 | +241.7% |
| Amounts payable within one year | 42/48 | €56,902 | €141,941 | +€85,040 | +149.5% |
| Financial debts | 43 | €1,952 | €898 | -€1,053 | -54.0% |
| Credit institutions | 430/8 | €1,952 | €898 | -€1,053 | -54.0% |
| Trade debts | 44 | €20,203 | €32,944 | +€12,740 | +63.1% |
| Suppliers | 440/4 | €20,203 | €32,944 | +€12,740 | +63.1% |
| Taxes, remuneration and social security | 45 | €32,790 | €63,099 | +€30,309 | +92.4% |
| Taxes | 450/3 | €30,450 | €52,945 | +€22,495 | +73.9% |
| Remuneration and social security | 454/9 | €2,340 | €10,154 | +€7,814 | +333.9% |
| Other amounts payable | 47/48 | €1,957 | €45,000 | +€43,043 | +2199.8% |
| Accrued charges and deferred income | 492/3 | - | €52,500 | +€52,500 | |
| Remuneration, social security and pensions | 62 | €520 | €56,396 | +€55,876 | +10745.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,777 | €3,251 | +€1,473 | +82.9% |
| Other operating charges | 640/8 | €936 | €2,564 | +€1,629 | +174.0% |
| Non-recurring operating charges | 66A | - | €639 | +€639 | |
| Gross operating margin | 9900 | €45,366 | €128,497 | +€83,131 | +183.2% |
| Operating profit (loss) | 9901 | €42,133 | €65,647 | +€23,514 | +55.8% |
| Financial income | 75/76B | €94 | €17 | -€77 | -82.1% |
| Recurring financial income | 75 | €94 | €17 | -€77 | -82.1% |
| Financial charges | 65/66B | €1,062 | €4,135 | +€3,073 | +289.3% |
| Recurring financial charges | 65 | €1,062 | €4,135 | +€3,073 | +289.3% |
| Profit (loss) for the period before taxes | 9903 | €41,164 | €61,528 | +€20,364 | +49.5% |
| Income taxes | 67/77 | €9,429 | €16,500 | +€7,071 | +75.0% |
| Profit (loss) for the period | 9904 | €31,736 | €45,029 | +€13,293 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,736 | €45,029 | +€13,293 | +41.9% |
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 9 October 2026 via checked.be.