CREAPLATE: 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.
CREAPLATE
Largest movements
- Tangible fixed assets +€663,076
up €663,076 (+16.3%), from €4.1m to €4.7m
of which Land and buildings: +€666,220
- Current investments -€182,500
down €182,500 (-33.0%), from €553,046 to €370,546
- Receivables within one year +€175,299
up €175,299 (+36.5%), from €479,750 to €655,049
of which Other amounts receivable: +€112,686
- Revaluation surpluses +€757,016
new in 2025: €757,016
- Other debts +€283,826
up €283,826 (+85.5%), from €332,142 to €615,968
- Debts after one year -€269,288
down €269,288 (-3.2%), from €8.5m to €8.2m
of which Financial debts: -€269,288
- Profit (loss) carried forward -€135,697
down €135,697 (-179%), from -€75,861 to -€211,557
- Financial income -€28,020
down €28,020 (-36.2%), from €77,363 to €49,343
- Gross operating margin -€23,016
down €23,016 (-10.4%), from €221,224 to €198,209
- Other operating charges +€9,646
up €9,646 (+71.8%), from €13,436 to €23,082
- Depreciation +€4,218
up €4,218 (+1.8%), from €232,669 to €236,887
- Financial charges +€4,063
up €4,063 (+3.6%), from €112,440 to €116,503
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 | €9,185,959 | €9,731,700 | +€545,741 | +5.9% |
| Fixed assets | 21/28 | €6,764,126 | €7,416,106 | +€651,980 | +9.6% |
| Intangible fixed assets | 21 | €11,438 | €343 | -€11,095 | -97.0% |
| Tangible fixed assets | 22/27 | €4,063,546 | €4,726,622 | +€663,076 | +16.3% |
| Land and buildings | 22 | €4,002,934 | €4,669,153 | +€666,220 | +16.6% |
| Plant, machinery and equipment | 23 | - | €3,921 | +€3,921 | |
| Furniture and vehicles | 24 | €10,637 | €8,926 | -€1,711 | -16.1% |
| Other tangible fixed assets | 26 | €49,976 | €44,622 | -€5,354 | -10.7% |
| Financial fixed assets | 28 | €2,689,141 | €2,689,141 | = | 0.0% |
| Current assets | 29/58 | €2,421,833 | €2,315,593 | -€106,240 | -4.4% |
| Amounts receivable after more than one year | 29 | €1,211,443 | €1,228,446 | +€17,004 | +1.4% |
| Trade receivables | 290 | €1,211,443 | €1,228,446 | +€17,004 | +1.4% |
| Amounts receivable within one year | 40/41 | €479,750 | €655,049 | +€175,299 | +36.5% |
| Trade receivables | 40 | €6,460 | €69,073 | +€62,613 | +969% |
| Other amounts receivable | 41 | €473,290 | €585,977 | +€112,686 | +23.8% |
| Current investments | 50/53 | €553,046 | €370,546 | -€182,500 | -33.0% |
| Cash at bank and in hand | 54/58 | €133,259 | €37,481 | -€95,778 | -71.9% |
| Deferred charges and accrued income | 490/1 | €44,335 | €24,070 | -€20,264 | -45.7% |
| Total equity and liabilities | 10/49 | €9,185,959 | €9,731,700 | +€545,741 | +5.9% |
| Equity | 10/15 | €72,389 | €693,709 | +€621,320 | +858% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €757,016 | +€757,016 | |
| Reserves | 13 | €129,650 | €129,650 | = | 0.0% |
| Distributable reserves | 133 | €129,650 | €129,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,861 | -€211,557 | -€135,697 | -179% |
| Amounts payable | 17/49 | €9,113,570 | €9,037,991 | -€75,579 | -0.8% |
| Amounts payable after more than one year | 17 | €8,482,901 | €8,213,613 | -€269,288 | -3.2% |
| Financial debts | 170/4 | €3,036,699 | €2,767,411 | -€269,288 | -8.9% |
| Other amounts payable | 178/9 | €5,446,202 | €5,446,202 | = | 0.0% |
| Amounts payable within one year | 42/48 | €599,267 | €794,193 | +€194,926 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €171,681 | €161,314 | -€10,366 | -6.0% |
| Financial debts | 43 | €7,760 | - | -€7,760 | |
| Credit institutions | 430/8 | €7,760 | - | -€7,760 | |
| Trade debts | 44 | €10,423 | €8,341 | -€2,082 | -20.0% |
| Suppliers | 440/4 | €10,423 | €8,341 | -€2,082 | -20.0% |
| Advances received on contracts in progress | 46 | €20,995 | €8,400 | -€12,595 | -60.0% |
| Taxes, remuneration and social security | 45 | €56,266 | €169 | -€56,097 | -99.7% |
| Taxes | 450/3 | €56,266 | €169 | -€56,097 | -99.7% |
| Other amounts payable | 47/48 | €332,142 | €615,968 | +€283,826 | +85.5% |
| Accrued charges and deferred income | 492/3 | €31,402 | €30,185 | -€1,217 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232,669 | €236,887 | +€4,218 | +1.8% |
| Other operating charges | 640/8 | €13,436 | €23,082 | +€9,646 | +71.8% |
| Non-recurring operating charges | 66A | €38,566 | - | -€38,566 | |
| Gross operating margin | 9900 | €221,224 | €198,209 | -€23,016 | -10.4% |
| Operating profit (loss) | 9901 | -€63,447 | -€61,760 | +€1,686 | +2.7% |
| Financial income | 75/76B | €77,363 | €49,343 | -€28,020 | -36.2% |
| Recurring financial income | 75 | €77,363 | €49,343 | -€28,020 | -36.2% |
| Financial charges | 65/66B | €112,440 | €116,503 | +€4,063 | +3.6% |
| Recurring financial charges | 65 | €112,440 | €116,503 | +€4,063 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€98,523 | -€128,920 | -€30,398 | -30.9% |
| Income taxes | 67/77 | €6,527 | €6,776 | +€249 | +3.8% |
| Profit (loss) for the period | 9904 | -€105,050 | -€135,697 | -€30,647 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,050 | -€135,697 | -€30,647 | -29.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.