CREAMUST: 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.
CREAMUST
Largest movements
- Receivables after one year +€330,182
new in 2024: €330,182
- Financial fixed assets +€325,196
up €325,196 (+541.0%), from €60,106 to €385,302
- Tangible fixed assets -€41,614
down €41,614 (-1.7%), from €2.5m to €2.5m
of which Land and buildings: -€47,459
- Other debts +€671,581
up €671,581 (+566.1%), from €118,625 to €790,206
- Profit (loss) carried forward -€45,485
down €45,485 (-7.2%), from -€631,598 to -€677,083
- Gross operating margin +€24,175
up €24,175, from -€3,211 to €20,965
- Depreciation -€1,426
down €1,426 (-2.3%), from €61,626 to €60,200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,560,297 | €3,172,185 | +€611,888 | +23.9% |
| Fixed assets | 21/28 | €2,554,231 | €2,837,813 | +€283,582 | +11.1% |
| Tangible fixed assets | 22/27 | €2,494,124 | €2,452,511 | -€41,614 | -1.7% |
| Land and buildings | 22 | €2,494,124 | €2,446,665 | -€47,459 | -1.9% |
| Plant, machinery and equipment | 23 | - | €5,846 | +€5,846 | |
| Financial fixed assets | 28 | €60,106 | €385,302 | +€325,196 | +541.0% |
| Current assets | 29/58 | €6,066 | €334,372 | +€328,306 | +5412.1% |
| Amounts receivable after more than one year | 29 | - | €330,182 | +€330,182 | |
| Other amounts receivable | 291 | - | €330,182 | +€330,182 | |
| Cash at bank and in hand | 54/58 | €2,086 | €99 | -€1,987 | -95.3% |
| Deferred charges and accrued income | 490/1 | €3,981 | €4,091 | +€111 | +2.8% |
| Total equity and liabilities | 10/49 | €2,560,297 | €3,172,185 | +€611,888 | +23.9% |
| Equity | 10/15 | €2,426,402 | €2,380,917 | -€45,485 | -1.9% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €1,058,000 | €1,058,000 | = | 0.0% |
| Distributable reserves | 133 | €1,058,000 | €1,058,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€631,598 | -€677,083 | -€45,485 | -7.2% |
| Amounts payable | 17/49 | €133,895 | €791,269 | +€657,374 | +491.0% |
| Amounts payable within one year | 42/48 | €133,895 | €791,269 | +€657,374 | +491.0% |
| Trade debts | 44 | €15,127 | €920 | -€14,207 | -93.9% |
| Suppliers | 440/4 | €15,127 | €920 | -€14,207 | -93.9% |
| Taxes, remuneration and social security | 45 | €143 | €143 | = | 0.0% |
| Taxes | 450/3 | €143 | €143 | = | 0.0% |
| Other amounts payable | 47/48 | €118,625 | €790,206 | +€671,581 | +566.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,626 | €60,200 | -€1,426 | -2.3% |
| Other operating charges | 640/8 | €6,261 | €6,267 | +€6 | +0.1% |
| Gross operating margin | 9900 | -€3,211 | €20,965 | +€24,175 | |
| Operating profit (loss) | 9901 | -€71,098 | -€45,502 | +€25,596 | +36.0% |
| Financial income | 75/76B | €0 | €77 | +€77 | +38385.0% |
| Recurring financial income | 75 | €0 | €77 | +€77 | +38385.0% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€71,158 | -€45,485 | +€25,672 | +36.1% |
| Profit (loss) for the period | 9904 | -€71,158 | -€45,485 | +€25,672 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,158 | -€45,485 | +€25,672 | +36.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.