CREADESK: 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.
CREADESK
Largest movements
- Cash +€35,452
up €35,452 (+36.3%), from €97,769 to €133,221
mainly Net result for the year (+€28,458) and Tax, wage and social debts (+€9,792)
- Receivables within one year +€4,973
up €4,973 (+20.4%), from €24,342 to €29,315
of which Other amounts receivable: +€4,939
- Tangible fixed assets -€3,594
down €3,594 (-41.3%), from €8,702 to €5,108
of which Furniture and vehicles: -€2,954
- Reserves +€25,000
up €25,000 (+170.8%), from €14,635 to €39,635
of which Non-distributable reserves: +€25,000
- Tax, wage and social debts +€9,792
up €9,792 (+80.8%), from €12,121 to €21,913
of which Taxes: +€9,792
- Profit (loss) carried forward +€3,458
up €3,458 (+7.2%), from €47,806 to €51,264
- Gross operating margin +€34,542
up €34,542 (+221.7%), from €15,580 to €50,122
- Taxes +€12,202
up €12,202 (+284.6%), from €4,287 to €16,489
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 | €132,664 | €169,494 | +€36,831 | +27.8% |
| Fixed assets | 21/28 | €10,552 | €6,958 | -€3,594 | -34.1% |
| Tangible fixed assets | 22/27 | €8,702 | €5,108 | -€3,594 | -41.3% |
| Plant, machinery and equipment | 23 | €2,247 | €1,606 | -€641 | -28.5% |
| Furniture and vehicles | 24 | €6,455 | €3,502 | -€2,954 | -45.8% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €122,111 | €162,536 | +€40,425 | +33.1% |
| Amounts receivable within one year | 40/41 | €24,342 | €29,315 | +€4,973 | +20.4% |
| Trade receivables | 40 | €11,577 | €11,611 | +€34 | +0.3% |
| Other amounts receivable | 41 | €12,765 | €17,704 | +€4,939 | +38.7% |
| Cash at bank and in hand | 54/58 | €97,769 | €133,221 | +€35,452 | +36.3% |
| Total equity and liabilities | 10/49 | €132,664 | €169,494 | +€36,831 | +27.8% |
| Equity | 10/15 | €119,038 | €147,496 | +€28,458 | +23.9% |
| Contributions | 10/11 | €56,597 | €56,597 | = | 0.0% |
| Reserves | 13 | €14,635 | €39,635 | +€25,000 | +170.8% |
| Non-distributable reserves | 130/1 | €14,543 | €39,543 | +€25,000 | +171.9% |
| Reserves not available under the articles | 1311 | €14,543 | €39,543 | +€25,000 | +171.9% |
| Tax-exempt reserves | 132 | €92 | €92 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,806 | €51,264 | +€3,458 | +7.2% |
| Amounts payable | 17/49 | €13,625 | €21,998 | +€8,373 | +61.4% |
| Amounts payable within one year | 42/48 | €13,625 | €21,998 | +€8,373 | +61.4% |
| Trade debts | 44 | €1,505 | €85 | -€1,419 | -94.3% |
| Suppliers | 440/4 | €1,505 | €85 | -€1,419 | -94.3% |
| Taxes, remuneration and social security | 45 | €12,121 | €21,913 | +€9,792 | +80.8% |
| Taxes | 450/3 | €11,721 | €21,513 | +€9,792 | +83.5% |
| Remuneration and social security | 454/9 | €400 | €400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,230 | €4,394 | +€164 | +3.9% |
| Other operating charges | 640/8 | €1,122 | €710 | -€412 | -36.7% |
| Gross operating margin | 9900 | €15,580 | €50,122 | +€34,542 | +221.7% |
| Operating profit (loss) | 9901 | €10,228 | €45,017 | +€34,789 | +340.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.7% |
| Financial charges | 65/66B | €73 | €70 | -€2 | -2.9% |
| Recurring financial charges | 65 | €73 | €70 | -€2 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €10,156 | €44,947 | +€34,791 | +342.6% |
| Income taxes | 67/77 | €4,287 | €16,489 | +€12,202 | +284.6% |
| Profit (loss) for the period | 9904 | €5,869 | €28,458 | +€22,589 | +384.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,869 | €28,458 | +€22,589 | +384.9% |
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 3 October 2026 via checked.be.