CREANADES: what changed
CREANADES
Largest movements
- Current investments -€35,238
down €35,238 (-100%), from €35,238 to €0
- Cash +€31,786
up €31,786 (+58.7%), from €54,193 to €85,979
mainly Net result for the year (+€47,749) and Current investments (+€35,238)
- Tangible fixed assets +€5,732
up €5,732 (+279%), from €2,057 to €7,789
of which Furniture and vehicles: +€6,257
- Other debts -€48,421
down €48,421 (-93.7%), from €51,650 to €3,229
- Reserves +€47,749
up €47,749 (+146%), from €32,616 to €80,365
- Tax, wage and social debts +€2,864
up €2,864 (+42.6%), from €6,717 to €9,581
- Taxes +€6,091
up €6,091 (+47.0%), from €12,969 to €19,060
- Gross operating margin +€4,663
up €4,663 (+7.3%), from €63,485 to €68,148
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,577 | €118,039 | +€1,462 | +1.3% |
| Fixed assets | 21/28 | €2,557 | €8,289 | +€5,732 | +224% |
| Tangible fixed assets | 22/27 | €2,057 | €7,789 | +€5,732 | +279% |
| Furniture and vehicles | 24 | €483 | €6,740 | +€6,257 | +1,296% |
| Other tangible fixed assets | 26 | €1,574 | €1,049 | -€525 | -33.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €114,020 | €109,750 | -€4,270 | -3.7% |
| Amounts receivable within one year | 40/41 | €24,590 | €23,771 | -€819 | -3.3% |
| Trade receivables | 40 | €23,595 | €23,750 | +€155 | +0.7% |
| Other amounts receivable | 41 | €995 | €21 | -€974 | -97.9% |
| Current investments | 50/53 | €35,238 | €0 | -€35,238 | -100% |
| Cash at bank and in hand | 54/58 | €54,193 | €85,979 | +€31,786 | +58.7% |
| Total equity and liabilities | 10/49 | €116,577 | €118,039 | +€1,462 | +1.3% |
| Equity | 10/15 | €51,216 | €98,965 | +€47,749 | +93.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,616 | €80,365 | +€47,749 | +146% |
| Distributable reserves | 133 | €32,616 | €80,365 | +€47,749 | +146% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €65,361 | €19,075 | -€46,287 | -70.8% |
| Amounts payable within one year | 42/48 | €65,361 | €19,075 | -€46,287 | -70.8% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €6,995 | €6,261 | -€734 | -10.5% |
| Suppliers | 440/4 | €6,995 | €6,261 | -€734 | -10.5% |
| Taxes, remuneration and social security | 45 | €6,717 | €9,581 | +€2,864 | +42.6% |
| Taxes | 450/3 | €6,717 | €9,581 | +€2,864 | +42.6% |
| Other amounts payable | 47/48 | €51,650 | €3,229 | -€48,421 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €979 | €997 | +€18 | +1.9% |
| Other operating charges | 640/8 | €387 | €465 | +€78 | +20.2% |
| Gross operating margin | 9900 | €63,485 | €68,148 | +€4,663 | +7.3% |
| Operating profit (loss) | 9901 | €62,119 | €66,686 | +€4,567 | +7.4% |
| Financial income | 75/76B | €148 | €211 | +€63 | +42.5% |
| Recurring financial income | 75 | €148 | €211 | +€63 | +42.5% |
| Financial charges | 65/66B | €93 | €88 | -€5 | -5.5% |
| Recurring financial charges | 65 | €93 | €88 | -€5 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €62,174 | €66,809 | +€4,635 | +7.5% |
| Income taxes | 67/77 | €12,969 | €19,060 | +€6,091 | +47.0% |
| Profit (loss) for the period | 9904 | €49,204 | €47,749 | -€1,456 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,204 | €47,749 | -€1,456 | -3.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.