CREALEX: 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.
CREALEX
Largest movements
- Cash +€18,264
up €18,264 (+156%), from €11,737 to €30,001
mainly Debts after one year (+€30,050) and Depreciation (+€14,830)
- Tangible fixed assets -€14,830
down €14,830 (-35.2%), from €42,179 to €27,348
of which Land and buildings: -€14,675
- Receivables within one year -€3,706
down €3,706 (-56.6%), from €6,544 to €2,837
- Debts after one year +€30,050
up €30,050 (+100%), from €29,950 to €60,000
- Other debts -€30,050
down €30,050 (-39.7%), from €75,744 to €45,694
- Gross operating margin -€4,646
down €4,646 (-22.1%), from €21,026 to €16,380
- Financial charges -€4,645
down €4,645 (-98.2%), from €4,730 to €85
- Depreciation -€443
down €443 (-2.9%), from €15,273 to €14,830
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 | €60,459 | €60,186 | -€273 | -0.5% |
| Fixed assets | 21/28 | €42,179 | €27,348 | -€14,830 | -35.2% |
| Tangible fixed assets | 22/27 | €42,179 | €27,348 | -€14,830 | -35.2% |
| Land and buildings | 22 | €42,023 | €27,348 | -€14,675 | -34.9% |
| Plant, machinery and equipment | 23 | €155 | €0 | -€155 | -100% |
| Current assets | 29/58 | €18,280 | €32,838 | +€14,558 | +79.6% |
| Amounts receivable within one year | 40/41 | €6,544 | €2,837 | -€3,706 | -56.6% |
| Trade receivables | 40 | €6,544 | €2,837 | -€3,706 | -56.6% |
| Cash at bank and in hand | 54/58 | €11,737 | €30,001 | +€18,264 | +156% |
| Total equity and liabilities | 10/49 | €60,459 | €60,186 | -€273 | -0.5% |
| Equity | 10/15 | -€45,282 | -€45,552 | -€270 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€53,342 | -€53,612 | -€270 | -0.5% |
| Amounts payable | 17/49 | €105,741 | €105,738 | -€2 | 0.0% |
| Amounts payable after more than one year | 17 | €29,950 | €60,000 | +€30,050 | +100% |
| Financial debts | 170/4 | €29,950 | €60,000 | +€30,050 | +100% |
| Amounts payable within one year | 42/48 | €75,791 | €45,738 | -€30,052 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €46 | €44 | -€2 | -4.7% |
| Suppliers | 440/4 | €46 | €44 | -€2 | -4.7% |
| Other amounts payable | 47/48 | €75,744 | €45,694 | -€30,050 | -39.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,273 | €14,830 | -€443 | -2.9% |
| Other operating charges | 640/8 | €1,722 | €1,736 | +€14 | +0.8% |
| Gross operating margin | 9900 | €21,026 | €16,380 | -€4,646 | -22.1% |
| Operating profit (loss) | 9901 | €4,032 | -€185 | -€4,217 | |
| Financial charges | 65/66B | €4,730 | €85 | -€4,645 | -98.2% |
| Recurring financial charges | 65 | €4,730 | €85 | -€4,645 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | -€699 | -€270 | +€428 | +61.3% |
| Profit (loss) for the period | 9904 | -€699 | -€270 | +€428 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€699 | -€270 | +€428 | +61.3% |
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 27 October 2026 via checked.be.