CreaFig: 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.
CreaFig
Largest movements
- Tangible fixed assets +€106,168
up €106,168 (+41.5%), from €255,635 to €361,803
of which Other tangible fixed assets: +€245,468
- Receivables within one year +€57,917
up €57,917 (+21.9%), from €264,024 to €321,941
of which Trade receivables: +€59,713
- Deferred charges and accrued income +€16,671
up €16,671 (+43.3%), from €38,524 to €55,195
- Cash +€12,587
up €12,587 (+27.3%), from €46,146 to €58,733
mainly Net result for the year (+€214,291) and Debts after one year (+€113,281)
- Current investments -€10,000
down €10,000 (-20.0%), from €50,000 to €40,000
- Debts after one year +€113,281
up €113,281 (+43.5%), from €260,202 to €373,483
- Short-term financial debts -€69,240
down €69,240 (-97.6%), from €70,938 to €1,697
- Tax, wage and social debts +€56,709
up €56,709 (+40.9%), from €138,821 to €195,530
of which Taxes: +€32,424
- Trade debts +€39,975
up €39,975 (+47.3%), from €84,499 to €124,474
- Reserves +€24,291
up €24,291 (+97.0%), from €25,053 to €49,344
- Gross operating margin +€177,753
up €177,753 (+19.0%), from €936,231 to €1.1m
- Staff costs +€113,501
up €113,501 (+18.7%), from €608,410 to €721,910
- Depreciation +€26,802
up €26,802 (+54.3%), from €49,320 to €76,121
- Taxes +€19,484
up €19,484 (+36.0%), from €54,113 to €73,596
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 | €667,830 | €851,172 | +€183,342 | +27.5% |
| Fixed assets | 21/28 | €269,135 | €375,303 | +€106,168 | +39.4% |
| Tangible fixed assets | 22/27 | €255,635 | €361,803 | +€106,168 | +41.5% |
| Land and buildings | 22 | €110,177 | - | -€110,177 | |
| Plant, machinery and equipment | 23 | €5,241 | €9,029 | +€3,789 | +72.3% |
| Furniture and vehicles | 24 | €140,217 | €107,305 | -€32,912 | -23.5% |
| Other tangible fixed assets | 26 | - | €245,468 | +€245,468 | |
| Financial fixed assets | 28 | €13,500 | €13,500 | = | 0.0% |
| Current assets | 29/58 | €398,695 | €475,869 | +€77,175 | +19.4% |
| Amounts receivable within one year | 40/41 | €264,024 | €321,941 | +€57,917 | +21.9% |
| Trade receivables | 40 | €254,983 | €314,695 | +€59,713 | +23.4% |
| Other amounts receivable | 41 | €9,042 | €7,246 | -€1,796 | -19.9% |
| Current investments | 50/53 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €46,146 | €58,733 | +€12,587 | +27.3% |
| Deferred charges and accrued income | 490/1 | €38,524 | €55,195 | +€16,671 | +43.3% |
| Total equity and liabilities | 10/49 | €667,830 | €851,172 | +€183,342 | +27.5% |
| Equity | 10/15 | €43,653 | €67,944 | +€24,291 | +55.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,053 | €49,344 | +€24,291 | +97.0% |
| Distributable reserves | 133 | €25,053 | €49,344 | +€24,291 | +97.0% |
| Amounts payable | 17/49 | €624,177 | €783,228 | +€159,051 | +25.5% |
| Amounts payable after more than one year | 17 | €260,202 | €373,483 | +€113,281 | +43.5% |
| Financial debts | 170/4 | €260,202 | €373,483 | +€113,281 | +43.5% |
| Amounts payable within one year | 42/48 | €360,373 | €404,096 | +€43,723 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €65,825 | €82,395 | +€16,570 | +25.2% |
| Financial debts | 43 | €70,938 | €1,697 | -€69,240 | -97.6% |
| Credit institutions | 430/8 | €70,938 | €1,697 | -€69,240 | -97.6% |
| Trade debts | 44 | €84,499 | €124,474 | +€39,975 | +47.3% |
| Suppliers | 440/4 | €84,499 | €124,474 | +€39,975 | +47.3% |
| Taxes, remuneration and social security | 45 | €138,821 | €195,530 | +€56,709 | +40.9% |
| Taxes | 450/3 | €57,667 | €90,092 | +€32,424 | +56.2% |
| Remuneration and social security | 454/9 | €81,154 | €105,438 | +€24,284 | +29.9% |
| Other amounts payable | 47/48 | €291 | - | -€291 | |
| Accrued charges and deferred income | 492/3 | €3,601 | €5,649 | +€2,047 | +56.8% |
| Remuneration, social security and pensions | 62 | €608,410 | €721,910 | +€113,501 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,320 | €76,121 | +€26,802 | +54.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,584 | -€2,933 | -€8,517 | |
| Other operating charges | 640/8 | €5,100 | €7,321 | +€2,221 | +43.6% |
| Non-recurring operating charges | 66A | - | €4,471 | +€4,471 | |
| Gross operating margin | 9900 | €936,231 | €1,113,984 | +€177,753 | +19.0% |
| Operating profit (loss) | 9901 | €267,819 | €307,093 | +€39,274 | +14.7% |
| Financial income | 75/76B | €312 | €220 | -€92 | -29.4% |
| Recurring financial income | 75 | €312 | €220 | -€92 | -29.4% |
| Financial charges | 65/66B | €16,149 | €19,425 | +€3,276 | +20.3% |
| Recurring financial charges | 65 | €16,149 | €19,425 | +€3,276 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €251,981 | €287,888 | +€35,906 | +14.2% |
| Income taxes | 67/77 | €54,113 | €73,596 | +€19,484 | +36.0% |
| Profit (loss) for the period | 9904 | €197,869 | €214,291 | +€16,423 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €197,869 | €214,291 | +€16,423 | +8.3% |
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 11 October 2026 via checked.be.