CREAFISC: what changed
CREAFISC
Largest movements
- Stocks and contracts -€1,594
no longer reported in 2021 (was €1,594)
- Cash -€304
down €304 (-43.3%), from €703 to €399
mainly Net result for the year (-€3,480) and Receivables within one year (-€90)
- Receivables within one year +€90
up €90 (+6.1%), from €1,460 to €1,550
- Equity -€3,480
down €3,480 (-21.1%), from -€16,516 to -€19,996
of which Profit (loss) carried forward: -€3,480
- Debts +€1,671
up €1,671 (+8.2%), from €20,274 to €21,945
- Gross operating margin -€1,240
down €1,240 (-855%), from -€145 to -€1,385
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2020 and 2021 balance sheets and the 2021 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,758 | €1,949 | -€1,808 | -48.1% |
| Current assets | 29/58 | €3,758 | €1,949 | -€1,808 | -48.1% |
| Stocks and contracts in progress | 3 | €1,594 | - | -€1,594 | |
| Amounts receivable within one year | 40/41 | €1,460 | €1,550 | +€90 | +6.1% |
| Cash at bank and in hand | 54/58 | €703 | €399 | -€304 | -43.3% |
| Total equity and liabilities | 10/49 | €3,758 | €1,949 | -€1,808 | -48.1% |
| Equity | 10/15 | -€16,516 | -€19,996 | -€3,480 | -21.1% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,968 | -€40,447 | -€3,480 | -9.4% |
| Amounts payable | 17/49 | €20,274 | €21,945 | +€1,671 | +8.2% |
| Amounts payable within one year | 42/48 | €20,100 | €21,772 | +€1,671 | +8.3% |
| Trade debts | 44 | €127 | €144 | +€17 | +13.4% |
| Gross operating margin | 9900 | -€145 | -€1,385 | -€1,240 | -855% |
| Operating profit (loss) | 9901 | -€373 | -€1,787 | -€1,414 | -379% |
| Recurring financial income | 75 | €0 | €13 | +€12 | +2,650% |
| Recurring financial charges | 65 | €146 | €1,706 | +€1,559 | +1,067% |
| Profit (loss) for the period before taxes | 9903 | -€519 | -€3,480 | -€2,961 | -570% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€519 | -€3,480 | -€2,961 | -570% |
| Profit (loss) for the period to be appropriated | 9905 | -€519 | -€3,480 | -€2,961 | -570% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2020 and 30 June 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.