Creamasters: 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.
Creamasters
Largest movements
- Cash +€60,331
up €60,331 (+282.3%), from €21,374 to €81,704
mainly Depreciation (+€131,469) and Receivables within one year (+€54,460)
- Receivables within one year -€54,460
down €54,460 (-50.3%), from €108,339 to €53,879
of which Trade receivables: -€46,017
- Tangible fixed assets -€46,363
down €46,363 (-2.5%), from €1.9m to €1.8m
of which Leasing and similar rights: -€85,120
- Debts after one year -€43,383
down €43,383 (-3.3%), from €1.3m to €1.3m
- Trade debts -€29,053
down €29,053 (-58.6%), from €49,558 to €20,506
- Reserves +€20,287
up €20,287 (+5.3%), from €384,564 to €404,852
of which Distributable reserves: +€36,665
- Other operating charges -€62,179
down €62,179 (-98.2%), from €63,322 to €1,142
- Depreciation +€33,349
up €33,349 (+34.0%), from €98,120 to €131,469
- Financial charges +€19,581
up €19,581 (+49.5%), from €39,553 to €59,134
- Gross operating margin -€10,570
down €10,570 (-4.5%), from €234,810 to €224,240
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 | €1,996,096 | €1,955,603 | -€40,492 | -2.0% |
| Fixed assets | 21/28 | €1,866,383 | €1,820,020 | -€46,363 | -2.5% |
| Tangible fixed assets | 22/27 | €1,866,383 | €1,820,020 | -€46,363 | -2.5% |
| Land and buildings | 22 | €525,314 | €562,015 | +€36,701 | +7.0% |
| Plant, machinery and equipment | 23 | €23,025 | €35,045 | +€12,020 | +52.2% |
| Furniture and vehicles | 24 | €13,583 | €10,322 | -€3,261 | -24.0% |
| Leasing and similar rights | 25 | €1,153,800 | €1,068,680 | -€85,120 | -7.4% |
| Other tangible fixed assets | 26 | €150,661 | €143,959 | -€6,702 | -4.4% |
| Current assets | 29/58 | €129,713 | €135,583 | +€5,870 | +4.5% |
| Amounts receivable within one year | 40/41 | €108,339 | €53,879 | -€54,460 | -50.3% |
| Trade receivables | 40 | €85,137 | €39,119 | -€46,017 | -54.1% |
| Other amounts receivable | 41 | €23,203 | €14,760 | -€8,443 | -36.4% |
| Cash at bank and in hand | 54/58 | €21,374 | €81,704 | +€60,331 | +282.3% |
| Total equity and liabilities | 10/49 | €1,996,096 | €1,955,603 | -€40,492 | -2.0% |
| Equity | 10/15 | €408,386 | €428,674 | +€20,287 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,564 | €404,852 | +€20,287 | +5.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €222,019 | €205,642 | -€16,378 | -7.4% |
| Distributable reserves | 133 | €160,685 | €197,350 | +€36,665 | +22.8% |
| Profit (loss) carried forward | 14 | €5,222 | €5,222 | = | 0.0% |
| Provisions and deferred taxes | 16 | €74,006 | €68,547 | -€5,459 | -7.4% |
| Deferred taxes | 168 | €74,006 | €68,547 | -€5,459 | -7.4% |
| Amounts payable | 17/49 | €1,513,703 | €1,458,383 | -€55,320 | -3.7% |
| Amounts payable after more than one year | 17 | €1,324,395 | €1,281,013 | -€43,383 | -3.3% |
| Financial debts | 170/4 | €1,324,395 | €1,281,013 | -€43,383 | -3.3% |
| Amounts payable within one year | 42/48 | €189,307 | €177,370 | -€11,938 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €84,218 | €98,418 | +€14,199 | +16.9% |
| Trade debts | 44 | €49,558 | €20,506 | -€29,053 | -58.6% |
| Suppliers | 440/4 | €49,558 | €20,506 | -€29,053 | -58.6% |
| Taxes, remuneration and social security | 45 | €22,485 | €27,048 | +€4,563 | +20.3% |
| Taxes | 450/3 | €18,485 | €23,048 | +€4,563 | +24.7% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €33,046 | €31,399 | -€1,647 | -5.0% |
| Non-recurring operating income | 76A | €112,980 | - | -€112,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,120 | €131,469 | +€33,349 | +34.0% |
| Other operating charges | 640/8 | €63,322 | €1,142 | -€62,179 | -98.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €234,810 | €224,240 | -€10,570 | -4.5% |
| Operating profit (loss) | 9901 | €73,368 | €91,628 | +€18,260 | +24.9% |
| Financial income | 75/76B | €118 | €180 | +€62 | +52.3% |
| Recurring financial income | 75 | €118 | €180 | +€62 | +52.3% |
| Financial charges | 65/66B | €39,553 | €59,134 | +€19,581 | +49.5% |
| Recurring financial charges | 65 | €39,553 | €59,134 | +€19,581 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €33,933 | €32,674 | -€1,259 | -3.7% |
| Transfer from deferred taxes | 780 | €5,459 | €5,459 | = | 0.0% |
| Income taxes | 67/77 | €15,650 | €15,716 | +€66 | +0.4% |
| Profit (loss) for the period | 9904 | €23,742 | €22,417 | -€1,325 | -5.6% |
| Transfer from tax-exempt reserves | 789 | €16,378 | €16,378 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,120 | €38,795 | -€1,325 | -3.3% |
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 2 October 2026 via checked.be.