CREAFLOR BRUSSELS: 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.
CREAFLOR BRUSSELS
Largest movements
- Intangible fixed assets -€11,839
down €11,839 (-21.8%), from €54,357 to €42,518
- Receivables within one year +€11,297
up €11,297 (+177%), from €6,371 to €17,668
- Stocks and contracts -€5,611
down €5,611 (-13.1%), from €42,844 to €37,232
- Tangible fixed assets +€4,837
up €4,837 (+65.5%), from €7,381 to €12,218
- Cash -€2,365
down €2,365 (-2.7%), from €87,260 to €84,895
mainly Contributions, distributions and other (-€18,750) and Tax, wage and social debts (-€15,968)
- Tax, wage and social debts -€15,968
down €15,968 (-24.6%), from €65,023 to €49,055
of which Taxes: -€15,206
- Other debts +€15,651
up €15,651 (+1,834%), from €854 to €16,505
- Trade debts -€4,516
down €4,516 (-54.4%), from €8,300 to €3,784
- Gross operating margin -€8,169
down €8,169 (-6.0%), from €136,943 to €128,774
- Taxes -€4,437
down €4,437 (-41.3%), from €10,735 to €6,298
- Financial income -€3,367
down €3,367 (-99.6%), from €3,380 to €13
- Staff costs -€2,288
down €2,288 (-2.7%), from €85,516 to €83,228
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.
Derived cash bridge
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 | €199,056 | €195,384 | -€3,672 | -1.8% |
| Fixed assets | 21/28 | €61,888 | €54,886 | -€7,001 | -11.3% |
| Intangible fixed assets | 21 | €54,357 | €42,518 | -€11,839 | -21.8% |
| Tangible fixed assets | 22/27 | €7,381 | €12,218 | +€4,837 | +65.5% |
| Plant, machinery and equipment | 23 | €464 | €1,699 | +€1,234 | +266% |
| Furniture and vehicles | 24 | €6,916 | €8,905 | +€1,989 | +28.8% |
| Other tangible fixed assets | 26 | - | €1,614 | +€1,614 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €137,168 | €140,497 | +€3,329 | +2.4% |
| Stocks and contracts in progress | 3 | €42,844 | €37,232 | -€5,611 | -13.1% |
| Stocks | 30/36 | €42,844 | €37,232 | -€5,611 | -13.1% |
| Amounts receivable within one year | 40/41 | €6,371 | €17,668 | +€11,297 | +177% |
| Trade receivables | 40 | €6,371 | €17,668 | +€11,297 | +177% |
| Cash at bank and in hand | 54/58 | €87,260 | €84,895 | -€2,365 | -2.7% |
| Deferred charges and accrued income | 490/1 | €694 | €702 | +€9 | +1.2% |
| Total equity and liabilities | 10/49 | €199,056 | €195,384 | -€3,672 | -1.8% |
| Equity | 10/15 | €124,879 | €126,039 | +€1,160 | +0.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €89,730 | €89,730 | = | 0.0% |
| Distributable reserves | 133 | €89,730 | €89,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150 | €1,310 | +€1,160 | +776% |
| Amounts payable | 17/49 | €74,177 | €69,344 | -€4,832 | -6.5% |
| Amounts payable within one year | 42/48 | €74,177 | €69,344 | -€4,832 | -6.5% |
| Trade debts | 44 | €8,300 | €3,784 | -€4,516 | -54.4% |
| Suppliers | 440/4 | €8,300 | €3,784 | -€4,516 | -54.4% |
| Taxes, remuneration and social security | 45 | €65,023 | €49,055 | -€15,968 | -24.6% |
| Taxes | 450/3 | €41,131 | €25,926 | -€15,206 | -37.0% |
| Remuneration and social security | 454/9 | €23,891 | €23,129 | -€762 | -3.2% |
| Other amounts payable | 47/48 | €854 | €16,505 | +€15,651 | +1,834% |
| Remuneration, social security and pensions | 62 | €85,516 | €83,228 | -€2,288 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,751 | €15,605 | +€854 | +5.8% |
| Other operating charges | 640/8 | €763 | €1,245 | +€482 | +63.1% |
| Gross operating margin | 9900 | €136,943 | €128,774 | -€8,169 | -6.0% |
| Operating profit (loss) | 9901 | €35,912 | €28,695 | -€7,217 | -20.1% |
| Financial income | 75/76B | €3,380 | €13 | -€3,367 | -99.6% |
| Recurring financial income | 75 | €3,380 | €13 | -€3,367 | -99.6% |
| Financial charges | 65/66B | €2,464 | €2,500 | +€36 | +1.4% |
| Recurring financial charges | 65 | €2,464 | €2,500 | +€36 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €36,828 | €26,208 | -€10,620 | -28.8% |
| Income taxes | 67/77 | €10,735 | €6,298 | -€4,437 | -41.3% |
| Profit (loss) for the period | 9904 | €26,094 | €19,910 | -€6,183 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,094 | €19,910 | -€6,183 | -23.7% |
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 27 October 2026 via checked.be.