CREAGREEN: 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.
CREAGREEN
Largest movements
- Receivables within one year +€30,841
up €30,841 (+161.8%), from €19,066 to €49,907
- Tangible fixed assets -€3,536
down €3,536 (-3.7%), from €95,513 to €91,977
of which Land and buildings: -€3,938
- Cash -€2,883
down €2,883 (-19.1%), from €15,121 to €12,238
mainly Receivables within one year (-€30,841) and Net result for the year (-€18,010)
- Trade debts +€27,736
up €27,736 (+325.7%), from €8,517 to €36,252
- Profit (loss) carried forward -€18,010
down €18,010 (-55.8%), from -€32,265 to -€50,275
- Other debts +€10,277
up €10,277 (+21.5%), from €47,769 to €58,046
- Debts after one year +€8,369
up €8,369 (+13.9%), from €60,239 to €68,609
- Tax, wage and social debts -€1,985
down €1,985 (-13.6%), from €14,601 to €12,617
of which Remuneration and social security: -€2,088
- Gross operating margin -€38,542
down €38,542 (-43.4%), from €88,877 to €50,335
- Staff costs -€10,153
down €10,153 (-16.9%), from €60,243 to €50,090
- Depreciation -€9,600
down €9,600 (-42.5%), from €22,595 to €12,995
- Other operating charges -€2,506
down €2,506 (-60.7%), from €4,131 to €1,625
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 | €131,141 | €156,012 | +€24,872 | +19.0% |
| Fixed assets | 21/28 | €95,513 | €91,977 | -€3,536 | -3.7% |
| Tangible fixed assets | 22/27 | €95,513 | €91,977 | -€3,536 | -3.7% |
| Land and buildings | 22 | €51,188 | €47,250 | -€3,938 | -7.7% |
| Plant, machinery and equipment | 23 | €3,807 | €2,962 | -€845 | -22.2% |
| Furniture and vehicles | 24 | €40,519 | €41,765 | +€1,246 | +3.1% |
| Current assets | 29/58 | €35,628 | €64,035 | +€28,408 | +79.7% |
| Amounts receivable within one year | 40/41 | €19,066 | €49,907 | +€30,841 | +161.8% |
| Trade receivables | 40 | €19,066 | €49,907 | +€30,841 | +161.8% |
| Cash at bank and in hand | 54/58 | €15,121 | €12,238 | -€2,883 | -19.1% |
| Deferred charges and accrued income | 490/1 | €1,440 | €1,890 | +€450 | +31.3% |
| Total equity and liabilities | 10/49 | €131,141 | €156,012 | +€24,872 | +19.0% |
| Equity | 10/15 | -€13,132 | -€31,142 | -€18,010 | -137.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €533 | €533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €533 | €533 | = | 0.0% |
| Reserves not available under the articles | 1311 | €533 | €533 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,265 | -€50,275 | -€18,010 | -55.8% |
| Amounts payable | 17/49 | €144,273 | €187,155 | +€42,882 | +29.7% |
| Amounts payable after more than one year | 17 | €60,239 | €68,609 | +€8,369 | +13.9% |
| Financial debts | 170/4 | €60,239 | €68,609 | +€8,369 | +13.9% |
| Amounts payable within one year | 42/48 | €84,034 | €118,546 | +€34,512 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €13,146 | €11,631 | -€1,515 | -11.5% |
| Trade debts | 44 | €8,517 | €36,252 | +€27,736 | +325.7% |
| Suppliers | 440/4 | €8,517 | €36,252 | +€27,736 | +325.7% |
| Taxes, remuneration and social security | 45 | €14,601 | €12,617 | -€1,985 | -13.6% |
| Taxes | 450/3 | €8,053 | €8,156 | +€103 | +1.3% |
| Remuneration and social security | 454/9 | €6,548 | €4,461 | -€2,088 | -31.9% |
| Other amounts payable | 47/48 | €47,769 | €58,046 | +€10,277 | +21.5% |
| Non-recurring operating income | 76A | - | €8,883 | +€8,883 | |
| Remuneration, social security and pensions | 62 | €60,243 | €50,090 | -€10,153 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,595 | €12,995 | -€9,600 | -42.5% |
| Other operating charges | 640/8 | €4,131 | €1,625 | -€2,506 | -60.7% |
| Gross operating margin | 9900 | €88,877 | €50,335 | -€38,542 | -43.4% |
| Operating profit (loss) | 9901 | €1,908 | -€14,376 | -€16,284 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €3,619 | €3,493 | -€126 | -3.5% |
| Recurring financial charges | 65 | €3,619 | €3,493 | -€126 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,711 | -€17,869 | -€16,158 | -944.3% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€1,851 | -€18,010 | -€16,159 | -873.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,851 | -€18,010 | -€16,159 | -873.1% |
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 9 October 2026 via checked.be.