CREAGENT: 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.
CREAGENT
Largest movements
- Cash -€72,360
down €72,360 (-39.0%), from €185,600 to €113,240
mainly Net result for the year (-€36,250) and Tax, wage and social debts (-€22,125)
- Receivables within one year -€2,642
down €2,642 (-56.9%), from €4,647 to €2,005
of which Trade receivables: -€1,905
- Profit (loss) carried forward -€36,250
down €36,250, from €28,926 to -€7,324
- Tax, wage and social debts -€22,125
down €22,125 (-58.1%), from €38,094 to €15,969
- Other debts -€15,746
down €15,746 (-77.2%), from €20,400 to €4,654
- Trade debts +€3,082
up €3,082 (+233%), from €1,323 to €4,405
- Accrued charges and deferred income -€2,040
down €2,040 (-56.7%), from €3,601 to €1,561
- Gross operating margin -€119,929
down €119,929, from €87,331 to -€32,598
- Taxes -€15,443
down €15,443 (-98.2%), from €15,721 to €278
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 | €193,492 | €120,414 | -€73,079 | -37.8% |
| Fixed assets | 21/28 | €3,063 | €4,148 | +€1,085 | +35.4% |
| Tangible fixed assets | 22/27 | €3,063 | €4,148 | +€1,085 | +35.4% |
| Furniture and vehicles | 24 | €3,063 | €4,148 | +€1,085 | +35.4% |
| Current assets | 29/58 | €190,429 | €116,266 | -€74,163 | -38.9% |
| Amounts receivable within one year | 40/41 | €4,647 | €2,005 | -€2,642 | -56.9% |
| Trade receivables | 40 | €2,761 | €856 | -€1,905 | -69.0% |
| Other amounts receivable | 41 | €1,886 | €1,149 | -€738 | -39.1% |
| Cash at bank and in hand | 54/58 | €185,600 | €113,240 | -€72,360 | -39.0% |
| Deferred charges and accrued income | 490/1 | €182 | €1,021 | +€840 | +463% |
| Total equity and liabilities | 10/49 | €193,492 | €120,414 | -€73,079 | -37.8% |
| Equity | 10/15 | €130,075 | €93,825 | -€36,250 | -27.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €88,749 | €88,749 | = | 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% |
| Distributable reserves | 133 | €86,889 | €86,889 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,926 | -€7,324 | -€36,250 | |
| Amounts payable | 17/49 | €63,417 | €26,589 | -€36,829 | -58.1% |
| Amounts payable within one year | 42/48 | €59,816 | €25,028 | -€34,788 | -58.2% |
| Trade debts | 44 | €1,323 | €4,405 | +€3,082 | +233% |
| Suppliers | 440/4 | €1,323 | €4,405 | +€3,082 | +233% |
| Taxes, remuneration and social security | 45 | €38,094 | €15,969 | -€22,125 | -58.1% |
| Taxes | 450/3 | €38,094 | €15,969 | -€22,125 | -58.1% |
| Other amounts payable | 47/48 | €20,400 | €4,654 | -€15,746 | -77.2% |
| Accrued charges and deferred income | 492/3 | €3,601 | €1,561 | -€2,040 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,180 | €1,494 | +€314 | +26.6% |
| Other operating charges | 640/8 | €1,333 | €526 | -€808 | -60.6% |
| Gross operating margin | 9900 | €87,331 | -€32,598 | -€119,929 | |
| Operating profit (loss) | 9901 | €84,818 | -€34,617 | -€119,435 | |
| Financial income | 75/76B | €214 | €208 | -€5 | -2.5% |
| Recurring financial income | 75 | €214 | €208 | -€5 | -2.5% |
| Financial charges | 65/66B | €1,985 | €1,563 | -€422 | -21.3% |
| Recurring financial charges | 65 | €1,985 | €1,563 | -€422 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €83,047 | -€35,972 | -€119,018 | |
| Income taxes | 67/77 | €15,721 | €278 | -€15,443 | -98.2% |
| Profit (loss) for the period | 9904 | €67,326 | -€36,250 | -€103,576 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,326 | -€36,250 | -€103,576 |
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 17 October 2026 via checked.be.