CREARCO: 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.
CREARCO
Largest movements
- Receivables within one year +€16,139
up €16,139 (+334%), from €4,828 to €20,967
of which Trade receivables: +€15,964
- Tangible fixed assets -€6,388
down €6,388 (-37.2%), from €17,195 to €10,807
of which Furniture and vehicles: -€5,744
- Cash -€5,782
no longer reported in 2025 (was €5,782)
mainly Receivables within one year (-€16,139) and Debts after one year (-€4,158)
- Stocks and contracts +€2,481
up €2,481 (+14.7%), from €16,900 to €19,381
of which Stocks: +€2,481
- Deferred charges and accrued income +€1,155
new in 2025: €1,155
- Short-term financial debts +€9,857
up €9,857 (+156%), from €6,324 to €16,181
- Other debts +€5,986
up €5,986 (+2,697%), from €222 to €6,208
- Debts after one year -€4,158
down €4,158 (-46.1%), from €9,018 to €4,860
- Advances received -€3,290
down €3,290 (-71.2%), from €4,619 to €1,329
- Trade debts +€3,062
up €3,062 (+21.1%), from €14,500 to €17,562
- Gross operating margin +€14,299
up €14,299 (+2,535%), from €564 to €14,863
- Other operating charges +€6,270
up €6,270 (+739%), from €849 to €7,118
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 | €44,705 | €52,309 | +€7,605 | +17.0% |
| Fixed assets | 21/28 | €17,195 | €10,807 | -€6,388 | -37.2% |
| Tangible fixed assets | 22/27 | €17,195 | €10,807 | -€6,388 | -37.2% |
| Plant, machinery and equipment | 23 | €645 | - | -€645 | |
| Furniture and vehicles | 24 | €16,550 | €10,807 | -€5,744 | -34.7% |
| Current assets | 29/58 | €27,510 | €41,503 | +€13,993 | +50.9% |
| Stocks and contracts in progress | 3 | €16,900 | €19,381 | +€2,481 | +14.7% |
| Stocks | 30/36 | €6,400 | €8,881 | +€2,481 | +38.8% |
| Contracts in progress | 37 | €10,500 | €10,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,828 | €20,967 | +€16,139 | +334% |
| Trade receivables | 40 | €4,794 | €20,757 | +€15,964 | +333% |
| Other amounts receivable | 41 | €34 | €209 | +€175 | +511% |
| Cash at bank and in hand | 54/58 | €5,782 | - | -€5,782 | |
| Deferred charges and accrued income | 490/1 | - | €1,155 | +€1,155 | |
| Total equity and liabilities | 10/49 | €44,705 | €52,309 | +€7,605 | +17.0% |
| Equity | 10/15 | €2,972 | €1,460 | -€1,512 | -50.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,028 | -€6,540 | -€1,512 | -30.1% |
| Amounts payable | 17/49 | €41,733 | €50,849 | +€9,117 | +21.8% |
| Amounts payable after more than one year | 17 | €9,018 | €4,860 | -€4,158 | -46.1% |
| Financial debts | 170/4 | €9,018 | €4,860 | -€4,158 | -46.1% |
| Amounts payable within one year | 42/48 | €32,715 | €45,989 | +€13,274 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €5,292 | €4,158 | -€1,134 | -21.4% |
| Financial debts | 43 | €6,324 | €16,181 | +€9,857 | +156% |
| Credit institutions | 430/8 | €6,324 | €16,181 | +€9,857 | +156% |
| Trade debts | 44 | €14,500 | €17,562 | +€3,062 | +21.1% |
| Suppliers | 440/4 | €14,500 | €17,562 | +€3,062 | +21.1% |
| Advances received on contracts in progress | 46 | €4,619 | €1,329 | -€3,290 | -71.2% |
| Taxes, remuneration and social security | 45 | €1,757 | €551 | -€1,206 | -68.7% |
| Taxes | 450/3 | €1,757 | €551 | -€1,206 | -68.7% |
| Other amounts payable | 47/48 | €222 | €6,208 | +€5,986 | +2,697% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,515 | €6,388 | -€127 | -1.9% |
| Other operating charges | 640/8 | €849 | €7,118 | +€6,270 | +739% |
| Gross operating margin | 9900 | €564 | €14,863 | +€14,299 | +2,535% |
| Operating profit (loss) | 9901 | -€6,800 | €1,356 | +€8,155 | |
| Financial income | 75/76B | €13 | €77 | +€63 | +473% |
| Recurring financial income | 75 | €13 | €77 | +€63 | +473% |
| Financial charges | 65/66B | €2,833 | €2,944 | +€112 | +3.9% |
| Recurring financial charges | 65 | €2,833 | €2,944 | +€112 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,619 | -€1,512 | +€8,107 | +84.3% |
| Profit (loss) for the period | 9904 | -€9,619 | -€1,512 | +€8,107 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,619 | -€1,512 | +€8,107 | +84.3% |
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 25 October 2026 via checked.be.