CREAM PROJECTS: what changed
Two fiscal 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.
CREAM PROJECTS
Largest movements
- Cash +€24,989
up €24,989 (+305.6%), from €8,177 to €33,166
mainly Net result for the year (+€33,754) and Debts after one year (+€15,840)
- Receivables within one year +€4,744
up €4,744 (+121.8%), from €3,895 to €8,639
of which Trade receivables: +€6,356
- Tangible fixed assets -€3,046
down €3,046 (-30.4%), from €10,013 to €6,967
- Profit (loss) carried forward +€46,236
up €46,236, from -€32,684 to €13,552
- Reserves -€17,225
down €17,225 (-87.3%), from €19,725 to €2,500
of which Tax-exempt reserves: -€17,225
- Debts after one year +€15,840
new in 2025: €15,840
- Trade debts -€14,942
no longer reported in 2025 (was €14,942)
- Other debts -€11,741
down €11,741 (-98.6%), from €11,905 to €165
- Gross operating margin +€35,063
new in 2025: €35,063
- Taxes +€1,097
new in 2025: €1,097
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €22,332 | €48,771 | +€26,439 | +118.4% |
| Fixed assets | 21/28 | €10,261 | €6,967 | -€3,294 | -32.1% |
| Tangible fixed assets | 22/27 | €10,013 | €6,967 | -€3,046 | -30.4% |
| Furniture and vehicles | 24 | €10,013 | €6,967 | -€3,046 | -30.4% |
| Financial fixed assets | 28 | €248 | - | -€248 | |
| Current assets | 29/58 | €12,072 | €41,805 | +€29,733 | +246.3% |
| Amounts receivable within one year | 40/41 | €3,895 | €8,639 | +€4,744 | +121.8% |
| Trade receivables | 40 | €2,283 | €8,639 | +€6,356 | +278.4% |
| Other amounts receivable | 41 | €1,612 | - | -€1,612 | |
| Cash at bank and in hand | 54/58 | €8,177 | €33,166 | +€24,989 | +305.6% |
| Total equity and liabilities | 10/49 | €22,332 | €48,771 | +€26,439 | +118.4% |
| Equity | 10/15 | -€4,761 | €24,249 | +€29,011 | |
| Contributions | 10/11 | €8,197 | €8,197 | = | 0.0% |
| Reserves | 13 | €19,725 | €2,500 | -€17,225 | -87.3% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Tax-exempt reserves | 132 | €17,225 | - | -€17,225 | |
| Distributable reserves | 133 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | -€32,684 | €13,552 | +€46,236 | |
| Amounts payable | 17/49 | €27,094 | €24,522 | -€2,572 | -9.5% |
| Amounts payable after more than one year | 17 | - | €15,840 | +€15,840 | |
| Trade debts | 175 | - | €15,840 | +€15,840 | |
| Amounts payable within one year | 42/48 | €27,094 | €8,682 | -€18,412 | -68.0% |
| Trade debts | 44 | €14,942 | - | -€14,942 | |
| Suppliers | 440/4 | €14,942 | - | -€14,942 | |
| Taxes, remuneration and social security | 45 | €246 | €8,517 | +€8,271 | +3359.6% |
| Taxes | 450/3 | €246 | €90 | -€156 | -63.5% |
| Remuneration and social security | 454/9 | - | €8,427 | +€8,427 | |
| Other amounts payable | 47/48 | €11,905 | €165 | -€11,741 | -98.6% |
| Other operating charges | 640/8 | - | €193 | +€193 | |
| Gross operating margin | 9900 | - | €35,063 | +€35,063 | |
| Operating profit (loss) | 9901 | - | €34,870 | +€34,870 | |
| Financial charges | 65/66B | - | €19 | +€19 | |
| Recurring financial charges | 65 | - | €19 | +€19 | |
| Profit (loss) for the period before taxes | 9903 | - | €34,851 | +€34,851 | |
| Income taxes | 67/77 | - | €1,097 | +€1,097 | |
| Profit (loss) for the period | 9904 | - | €33,754 | +€33,754 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €33,754 | +€33,754 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.