CREAN: 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.
CREAN
Largest movements
- Cash +€48,810
up €48,810 (+1,706%), from €2,862 to €51,672
mainly Depreciation (+€55,402) and Net result for the year (+€39,955)
- Tangible fixed assets -€44,876
down €44,876 (-14.9%), from €300,329 to €255,453
of which Land and buildings: -€29,167
- Reserves +€38,289
up €38,289 (+23.0%), from €166,804 to €205,092
of which Distributable reserves: +€38,289
- Other debts -€19,367
down €19,367 (-36.9%), from €52,427 to €33,059
- Debts after one year -€16,252
down €16,252 (-38.1%), from €42,645 to €26,393
- Accrued charges and deferred income +€4,040
up €4,040, from €0 to €4,040
- Current portion of long-term debt -€3,586
down €3,586 (-18.1%), from €19,837 to €16,252
- Gross operating margin +€43,647
up €43,647 (+40.3%), from €108,273 to €151,920
- Taxes +€23,673
up €23,673 (+226%), from €10,470 to €34,143
- Other operating charges +€12,959
up €12,959 (+337%), from €3,847 to €16,806
- Depreciation -€6,737
down €6,737 (-10.8%), from €62,139 to €55,402
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 | €306,190 | €310,288 | +€4,098 | +1.3% |
| Fixed assets | 21/28 | €300,439 | €255,563 | -€44,876 | -14.9% |
| Tangible fixed assets | 22/27 | €300,329 | €255,453 | -€44,876 | -14.9% |
| Land and buildings | 22 | €135,861 | €106,694 | -€29,167 | -21.5% |
| Plant, machinery and equipment | 23 | €1,545 | €13,940 | +€12,395 | +802% |
| Furniture and vehicles | 24 | €162,923 | €134,819 | -€28,104 | -17.2% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €5,751 | €54,725 | +€48,974 | +852% |
| Amounts receivable within one year | 40/41 | €2 | €3 | +€1 | +25.2% |
| Other amounts receivable | 41 | €2 | €3 | +€1 | +25.2% |
| Cash at bank and in hand | 54/58 | €2,862 | €51,672 | +€48,810 | +1,706% |
| Deferred charges and accrued income | 490/1 | €2,887 | €3,050 | +€164 | +5.7% |
| Total equity and liabilities | 10/49 | €306,190 | €310,288 | +€4,098 | +1.3% |
| Equity | 10/15 | €185,354 | €223,642 | +€38,289 | +20.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €166,804 | €205,092 | +€38,289 | +23.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €166,804 | €205,092 | +€38,289 | +23.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €120,836 | €86,646 | -€34,190 | -28.3% |
| Amounts payable after more than one year | 17 | €42,645 | €26,393 | -€16,252 | -38.1% |
| Financial debts | 170/4 | €42,645 | €26,393 | -€16,252 | -38.1% |
| Amounts payable within one year | 42/48 | €78,191 | €56,212 | -€21,979 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €19,837 | €16,252 | -€3,586 | -18.1% |
| Trade debts | 44 | €2,658 | €449 | -€2,209 | -83.1% |
| Suppliers | 440/4 | €2,658 | €449 | -€2,209 | -83.1% |
| Taxes, remuneration and social security | 45 | €3,269 | €6,452 | +€3,183 | +97.4% |
| Taxes | 450/3 | €3,269 | €6,452 | +€3,183 | +97.4% |
| Other amounts payable | 47/48 | €52,427 | €33,059 | -€19,367 | -36.9% |
| Accrued charges and deferred income | 492/3 | €0 | €4,040 | +€4,040 | |
| Non-recurring operating income | 76A | - | €13,756 | +€13,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,139 | €55,402 | -€6,737 | -10.8% |
| Other operating charges | 640/8 | €3,847 | €16,806 | +€12,959 | +337% |
| Gross operating margin | 9900 | €108,273 | €151,920 | +€43,647 | +40.3% |
| Operating profit (loss) | 9901 | €42,286 | €79,712 | +€37,426 | +88.5% |
| Financial income | 75/76B | €15 | €6 | -€9 | -59.9% |
| Recurring financial income | 75 | €15 | €6 | -€9 | -59.9% |
| Financial charges | 65/66B | €4,743 | €5,621 | +€878 | +18.5% |
| Recurring financial charges | 65 | €4,743 | €5,621 | +€878 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €37,559 | €74,097 | +€36,539 | +97.3% |
| Income taxes | 67/77 | €10,470 | €34,143 | +€23,673 | +226% |
| Profit (loss) for the period | 9904 | €27,089 | €39,955 | +€12,866 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,089 | €39,955 | +€12,866 | +47.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.