CreAltitude: 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.
CreAltitude
Largest movements
- Current investments -€27,000
down €27,000 (-84.4%), from €32,000 to €5,000
- Cash +€15,553
up €15,553 (+19.3%), from €80,761 to €96,313
mainly Current investments (+€27,000) and Net result for the year (+€21,746)
- Tangible fixed assets +€10,079
up €10,079 (+20.8%), from €48,564 to €58,643
of which Other tangible fixed assets: +€12,380
- Receivables within one year -€5,563
down €5,563 (-17.5%), from €31,799 to €26,236
of which Trade receivables: -€8,337
- Other debts +€14,968
up €14,968 (+39.5%), from €37,876 to €52,845
- Profit (loss) carried forward -€11,254
down €11,254 (-21.7%), from €51,824 to €40,570
- Trade debts -€5,800
down €5,800 (-60.3%), from €9,615 to €3,814
- Tax, wage and social debts -€5,644
down €5,644 (-54.3%), from €10,389 to €4,746
of which Taxes: -€5,514
- Gross operating margin -€19,221
down €19,221 (-31.7%), from €60,565 to €41,344
- Taxes -€4,334
down €4,334 (-37.1%), from €11,693 to €7,359
- Depreciation -€2,311
down €2,311 (-20.3%), from €11,397 to €9,087
- Other operating charges -€1,340
down €1,340 (-58.3%), from €2,297 to €958
- Financial charges +€876
up €876 (+32.7%), from €2,678 to €3,554
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 | €194,705 | €186,975 | -€7,730 | -4.0% |
| Fixed assets | 21/28 | €48,564 | €58,643 | +€10,079 | +20.8% |
| Tangible fixed assets | 22/27 | €48,564 | €58,643 | +€10,079 | +20.8% |
| Plant, machinery and equipment | 23 | €404 | €346 | -€58 | -14.5% |
| Furniture and vehicles | 24 | €5,645 | €3,403 | -€2,242 | -39.7% |
| Other tangible fixed assets | 26 | €42,515 | €54,895 | +€12,380 | +29.1% |
| Current assets | 29/58 | €146,141 | €128,331 | -€17,810 | -12.2% |
| Amounts receivable within one year | 40/41 | €31,799 | €26,236 | -€5,563 | -17.5% |
| Trade receivables | 40 | €31,788 | €23,451 | -€8,337 | -26.2% |
| Other amounts receivable | 41 | €11 | €2,785 | +€2,774 | +25,058% |
| Current investments | 50/53 | €32,000 | €5,000 | -€27,000 | -84.4% |
| Cash at bank and in hand | 54/58 | €80,761 | €96,313 | +€15,553 | +19.3% |
| Deferred charges and accrued income | 490/1 | €1,581 | €782 | -€799 | -50.6% |
| Total equity and liabilities | 10/49 | €194,705 | €186,975 | -€7,730 | -4.0% |
| Equity | 10/15 | €136,824 | €125,570 | -€11,254 | -8.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,824 | €40,570 | -€11,254 | -21.7% |
| Amounts payable | 17/49 | €57,880 | €61,405 | +€3,524 | +6.1% |
| Amounts payable within one year | 42/48 | €57,880 | €61,405 | +€3,524 | +6.1% |
| Trade debts | 44 | €9,615 | €3,814 | -€5,800 | -60.3% |
| Suppliers | 440/4 | €9,615 | €3,814 | -€5,800 | -60.3% |
| Taxes, remuneration and social security | 45 | €10,389 | €4,746 | -€5,644 | -54.3% |
| Taxes | 450/3 | €10,260 | €4,746 | -€5,514 | -53.7% |
| Remuneration and social security | 454/9 | €129 | - | -€129 | |
| Other amounts payable | 47/48 | €37,876 | €52,845 | +€14,968 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,397 | €9,087 | -€2,311 | -20.3% |
| Other operating charges | 640/8 | €2,297 | €958 | -€1,340 | -58.3% |
| Gross operating margin | 9900 | €60,565 | €41,344 | -€19,221 | -31.7% |
| Operating profit (loss) | 9901 | €46,870 | €31,300 | -€15,571 | -33.2% |
| Financial income | 75/76B | €797 | €1,358 | +€561 | +70.4% |
| Recurring financial income | 75 | €797 | €1,358 | +€561 | +70.4% |
| Financial charges | 65/66B | €2,678 | €3,554 | +€876 | +32.7% |
| Recurring financial charges | 65 | €2,678 | €3,554 | +€876 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €44,990 | €29,104 | -€15,885 | -35.3% |
| Income taxes | 67/77 | €11,693 | €7,359 | -€4,334 | -37.1% |
| Profit (loss) for the period | 9904 | €33,297 | €21,746 | -€11,551 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,297 | €21,746 | -€11,551 | -34.7% |
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.