CREACTION: 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.
CREACTION
Largest movements
- Receivables within one year -€13,836
down €13,836 (-66.0%), from €20,956 to €7,120
of which Other amounts receivable: -€11,138
- Tangible fixed assets +€2,069
up €2,069 (+2.4%), from €85,394 to €87,463
of which Furniture and vehicles: +€6,436
- Other debts -€5,749
down €5,749 (-60.9%), from €9,440 to €3,692
- Debts after one year -€5,028
down €5,028 (-18.6%), from €26,984 to €21,956
- Gross operating margin +€6,601
up €6,601 (+126.3%), from €5,226 to €11,827
- Taxes +€3,687
up €3,687, from -€2,825 to €862
- Depreciation +€1,374
up €1,374 (+28.4%), from €4,845 to €6,219
- Other operating charges +€856
up €856 (+76.8%), from €1,116 to €1,972
- Staff costs -€299
down €299 (-100.0%), from €299 to €0
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 | €108,246 | €97,155 | -€11,091 | -10.2% |
| Fixed assets | 21/28 | €85,394 | €87,463 | +€2,069 | +2.4% |
| Tangible fixed assets | 22/27 | €85,394 | €87,463 | +€2,069 | +2.4% |
| Plant, machinery and equipment | 23 | €355 | €306 | -€49 | -13.8% |
| Furniture and vehicles | 24 | €878 | €7,314 | +€6,436 | +732.9% |
| Other tangible fixed assets | 26 | €33,676 | €29,358 | -€4,318 | -12.8% |
| Assets under construction and advance payments | 27 | €50,485 | €50,485 | = | 0.0% |
| Current assets | 29/58 | €22,852 | €9,692 | -€13,160 | -57.6% |
| Amounts receivable within one year | 40/41 | €20,956 | €7,120 | -€13,836 | -66.0% |
| Trade receivables | 40 | €9,641 | €6,943 | -€2,698 | -28.0% |
| Other amounts receivable | 41 | €11,315 | €177 | -€11,138 | -98.4% |
| Cash at bank and in hand | 54/58 | €1,405 | €1,673 | +€268 | +19.0% |
| Deferred charges and accrued income | 490/1 | €491 | €899 | +€408 | +83.2% |
| Total equity and liabilities | 10/49 | €108,246 | €97,155 | -€11,091 | -10.2% |
| Equity | 10/15 | €13,928 | €14,024 | +€97 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,532 | -€6,436 | +€97 | +1.5% |
| Amounts payable | 17/49 | €94,318 | €83,130 | -€11,188 | -11.9% |
| Amounts payable after more than one year | 17 | €26,984 | €21,956 | -€5,028 | -18.6% |
| Financial debts | 170/4 | €26,984 | €21,956 | -€5,028 | -18.6% |
| Amounts payable within one year | 42/48 | €67,325 | €61,174 | -€6,151 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €4,767 | €5,028 | +€261 | +5.5% |
| Financial debts | 43 | - | €498 | +€498 | |
| Credit institutions | 430/8 | - | €498 | +€498 | |
| Trade debts | 44 | €47,782 | €46,985 | -€797 | -1.7% |
| Suppliers | 440/4 | €47,782 | €46,985 | -€797 | -1.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,336 | €4,972 | -€364 | -6.8% |
| Taxes | 450/3 | €5,336 | €4,972 | -€364 | -6.8% |
| Other amounts payable | 47/48 | €9,440 | €3,692 | -€5,749 | -60.9% |
| Accrued charges and deferred income | 492/3 | €9 | €0 | -€9 | -100.0% |
| Remuneration, social security and pensions | 62 | €299 | €0 | -€299 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,845 | €6,219 | +€1,374 | +28.4% |
| Other operating charges | 640/8 | €1,116 | €1,972 | +€856 | +76.8% |
| Gross operating margin | 9900 | €5,226 | €11,827 | +€6,601 | +126.3% |
| Operating profit (loss) | 9901 | -€1,033 | €3,637 | +€4,670 | |
| Financial income | 75/76B | €1 | €20 | +€20 | +3900.0% |
| Recurring financial income | 75 | €1 | €20 | +€20 | +3900.0% |
| Financial charges | 65/66B | €2,604 | €2,698 | +€95 | +3.6% |
| Recurring financial charges | 65 | €2,604 | €2,698 | +€95 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,636 | €959 | +€4,595 | |
| Income taxes | 67/77 | -€2,825 | €862 | +€3,687 | |
| Profit (loss) for the period | 9904 | -€811 | €97 | +€908 | |
| Profit (loss) for the period to be appropriated | 9905 | -€811 | €97 | +€908 |
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 12 October 2026 via checked.be.