CréaPME: 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.
CréaPME
Largest movements
- Cash +€38,164
up €38,164 (+31.9%), from €119,703 to €157,867
mainly Net result for the year (+€33,037) and Depreciation (+€18,422)
- Receivables within one year -€3,811
down €3,811 (-24.9%), from €15,297 to €11,486
of which Trade receivables: -€2,823
- Tangible fixed assets -€2,968
down €2,968 (-2.3%), from €126,829 to €123,861
of which Land and buildings: -€11,142
- Profit (loss) carried forward +€33,037
up €33,037 (+31.7%), from €104,120 to €137,157
- Debts after one year -€17,017
down €17,017 (-19.8%), from €85,956 to €68,939
- Trade debts +€10,115
up €10,115 (+414%), from €2,442 to €12,557
- Tax, wage and social debts +€4,237
up €4,237 (+31.2%), from €13,561 to €17,798
of which Taxes: +€3,319
- Short-term financial debts +€3,000
up €3,000 (+37.5%), from €8,000 to €11,000
- Gross operating margin +€38,289
up €38,289 (+48.5%), from €78,947 to €117,236
- Staff costs +€11,901
up €11,901 (+31.2%), from €38,207 to €50,108
- Taxes +€7,402
up €7,402 (+153%), from €4,851 to €12,253
- Depreciation -€1,244
down €1,244 (-6.3%), from €19,666 to €18,422
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 | €266,055 | €295,228 | +€29,173 | +11.0% |
| Fixed assets | 21/28 | €128,650 | €125,198 | -€3,453 | -2.7% |
| Intangible fixed assets | 21 | €688 | €203 | -€485 | -70.5% |
| Tangible fixed assets | 22/27 | €126,829 | €123,861 | -€2,968 | -2.3% |
| Land and buildings | 22 | €124,562 | €113,420 | -€11,142 | -8.9% |
| Plant, machinery and equipment | 23 | €2,006 | €1,779 | -€227 | -11.3% |
| Furniture and vehicles | 24 | €261 | €8,662 | +€8,401 | +3,213% |
| Financial fixed assets | 28 | €1,133 | €1,133 | = | 0.0% |
| Current assets | 29/58 | €137,405 | €170,030 | +€32,626 | +23.7% |
| Amounts receivable within one year | 40/41 | €15,297 | €11,486 | -€3,811 | -24.9% |
| Trade receivables | 40 | €7,032 | €4,210 | -€2,823 | -40.1% |
| Other amounts receivable | 41 | €8,265 | €7,277 | -€988 | -12.0% |
| Cash at bank and in hand | 54/58 | €119,703 | €157,867 | +€38,164 | +31.9% |
| Deferred charges and accrued income | 490/1 | €2,405 | €677 | -€1,727 | -71.8% |
| Total equity and liabilities | 10/49 | €266,055 | €295,228 | +€29,173 | +11.0% |
| Equity | 10/15 | €137,293 | €167,917 | +€30,624 | +22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,329 | €5,329 | = | 0.0% |
| Distributable reserves | 133 | €5,329 | €5,329 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,120 | €137,157 | +€33,037 | +31.7% |
| Investment grants | 15 | €9,245 | €6,831 | -€2,413 | -26.1% |
| Amounts payable | 17/49 | €128,762 | €127,311 | -€1,451 | -1.1% |
| Amounts payable after more than one year | 17 | €85,956 | €68,939 | -€17,017 | -19.8% |
| Financial debts | 170/4 | €85,956 | €68,939 | -€17,017 | -19.8% |
| Amounts payable within one year | 42/48 | €42,806 | €58,372 | +€15,566 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €18,803 | €17,017 | -€1,787 | -9.5% |
| Financial debts | 43 | €8,000 | €11,000 | +€3,000 | +37.5% |
| Credit institutions | 430/8 | €8,000 | €11,000 | +€3,000 | +37.5% |
| Trade debts | 44 | €2,442 | €12,557 | +€10,115 | +414% |
| Suppliers | 440/4 | €2,442 | €12,557 | +€10,115 | +414% |
| Taxes, remuneration and social security | 45 | €13,561 | €17,798 | +€4,237 | +31.2% |
| Taxes | 450/3 | €4,797 | €8,116 | +€3,319 | +69.2% |
| Remuneration and social security | 454/9 | €8,764 | €9,681 | +€918 | +10.5% |
| Remuneration, social security and pensions | 62 | €38,207 | €50,108 | +€11,901 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,666 | €18,422 | -€1,244 | -6.3% |
| Other operating charges | 640/8 | €2,440 | €2,749 | +€308 | +12.6% |
| Gross operating margin | 9900 | €78,947 | €117,236 | +€38,289 | +48.5% |
| Operating profit (loss) | 9901 | €18,634 | €45,958 | +€27,324 | +147% |
| Financial income | 75/76B | €2,911 | €3,410 | +€499 | +17.1% |
| Recurring financial income | 75 | €2,911 | €3,410 | +€499 | +17.1% |
| Financial charges | 65/66B | €4,571 | €4,077 | -€494 | -10.8% |
| Recurring financial charges | 65 | €4,571 | €4,077 | -€494 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €16,974 | €45,290 | +€28,316 | +167% |
| Income taxes | 67/77 | €4,851 | €12,253 | +€7,402 | +153% |
| Profit (loss) for the period | 9904 | €12,123 | €33,037 | +€20,914 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €12,123 | €33,037 | +€20,914 | +173% |
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.