Crearte: 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.
Crearte
Largest movements
- Receivables within one year -€18,755
down €18,755 (-26.2%), from €71,496 to €52,742
of which Trade receivables: -€16,235
- Tangible fixed assets -€8,541
down €8,541 (-50.5%), from €16,909 to €8,367
of which Furniture and vehicles: -€8,161
- Cash +€3,709
up €3,709 (+75.9%), from €4,885 to €8,594
mainly Receivables within one year (+€18,755) and Net result for the year (+€14,330)
- Advances received -€48,712
no longer reported in 2025 (was €48,712)
- Reserves +€14,330
up €14,330 (+2,181%), from €657 to €14,987
of which Distributable reserves: +€14,987
- Trade debts +€5,604
up €5,604 (+5.2%), from €108,187 to €113,792
- Other debts +€4,678
up €4,678 (+4.8%), from €98,329 to €103,007
- Tax, wage and social debts +€1,257
up €1,257 (+14.2%), from €8,834 to €10,091
of which Taxes: +€1,433
- Gross operating margin +€34,790
up €34,790 (+88.9%), from €39,127 to €73,917
- Depreciation +€6,416
up €6,416 (+302%), from €2,126 to €8,541
- Taxes -€2,821
down €2,821 (-45.0%), from €6,275 to €3,454
- Staff costs -€1,410
down €1,410 (-3.1%), from €46,162 to €44,752
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 | €93,677 | €70,834 | -€22,843 | -24.4% |
| Fixed assets | 21/28 | €17,295 | €8,754 | -€8,541 | -49.4% |
| Tangible fixed assets | 22/27 | €16,909 | €8,367 | -€8,541 | -50.5% |
| Plant, machinery and equipment | 23 | €381 | - | -€381 | |
| Furniture and vehicles | 24 | €16,528 | €8,367 | -€8,161 | -49.4% |
| Financial fixed assets | 28 | €387 | €387 | = | 0.0% |
| Current assets | 29/58 | €76,382 | €62,080 | -€14,301 | -18.7% |
| Amounts receivable within one year | 40/41 | €71,496 | €52,742 | -€18,755 | -26.2% |
| Trade receivables | 40 | €63,484 | €47,248 | -€16,235 | -25.6% |
| Other amounts receivable | 41 | €8,013 | €5,493 | -€2,520 | -31.4% |
| Cash at bank and in hand | 54/58 | €4,885 | €8,594 | +€3,709 | +75.9% |
| Deferred charges and accrued income | 490/1 | - | €744 | +€744 | |
| Total equity and liabilities | 10/49 | €93,677 | €70,834 | -€22,843 | -24.4% |
| Equity | 10/15 | -€170,385 | -€156,055 | +€14,330 | +8.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €657 | €14,987 | +€14,330 | +2,181% |
| Non-distributable reserves | 130/1 | €657 | - | -€657 | |
| Reserves not available under the articles | 1311 | €657 | - | -€657 | |
| Distributable reserves | 133 | - | €14,987 | +€14,987 | |
| Profit (loss) carried forward | 14 | -€189,634 | -€189,634 | = | 0.0% |
| Amounts payable | 17/49 | €264,062 | €226,889 | -€37,173 | -14.1% |
| Amounts payable within one year | 42/48 | €264,062 | €226,889 | -€37,173 | -14.1% |
| Trade debts | 44 | €108,187 | €113,792 | +€5,604 | +5.2% |
| Suppliers | 440/4 | €108,187 | €113,792 | +€5,604 | +5.2% |
| Advances received on contracts in progress | 46 | €48,712 | - | -€48,712 | |
| Taxes, remuneration and social security | 45 | €8,834 | €10,091 | +€1,257 | +14.2% |
| Taxes | 450/3 | - | €1,433 | +€1,433 | |
| Remuneration and social security | 454/9 | €8,834 | €8,658 | -€176 | -2.0% |
| Other amounts payable | 47/48 | €98,329 | €103,007 | +€4,678 | +4.8% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €46,162 | €44,752 | -€1,410 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,126 | €8,541 | +€6,416 | +302% |
| Other operating charges | 640/8 | €2,343 | €2,399 | +€57 | +2.4% |
| Gross operating margin | 9900 | €39,127 | €73,917 | +€34,790 | +88.9% |
| Operating profit (loss) | 9901 | -€11,503 | €18,224 | +€29,727 | |
| Financial income | 75/76B | €3 | €12 | +€9 | +262% |
| Recurring financial income | 75 | €3 | €12 | +€9 | +262% |
| Financial charges | 65/66B | €437 | €452 | +€16 | +3.6% |
| Recurring financial charges | 65 | €437 | €452 | +€16 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,936 | €17,784 | +€29,720 | |
| Income taxes | 67/77 | €6,275 | €3,454 | -€2,821 | -45.0% |
| Profit (loss) for the period | 9904 | -€18,211 | €14,330 | +€32,541 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,211 | €14,330 | +€32,541 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.