creArTeC: 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.
creArTeC
Largest movements
- Cash -€53,430
down €53,430 (-59.9%), from €89,220 to €35,789
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€25,293)
- Receivables within one year +€25,293
up €25,293 (+117%), from €21,630 to €46,923
of which Other amounts receivable: +€27,544
- Tangible fixed assets -€2,359
down €2,359 (-2.8%), from €85,129 to €82,770
of which Land and buildings: -€1,918
- Reserves -€50,000
down €50,000 (-52.4%), from €95,360 to €45,360
- Other debts +€24,029
up €24,029 (+89.8%), from €26,771 to €50,800
- Gross operating margin -€9,444
down €9,444 (-74.6%), from €12,660 to €3,216
- Depreciation -€516
down €516 (-11.1%), from €4,656 to €4,140
- Taxes +€371
up €371, from -€258 to €113
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 | €196,085 | €165,584 | -€30,501 | -15.6% |
| Fixed assets | 21/28 | €85,129 | €82,770 | -€2,359 | -2.8% |
| Tangible fixed assets | 22/27 | €85,129 | €82,770 | -€2,359 | -2.8% |
| Land and buildings | 22 | €84,185 | €82,266 | -€1,918 | -2.3% |
| Furniture and vehicles | 24 | €945 | €504 | -€441 | -46.7% |
| Current assets | 29/58 | €110,956 | €82,814 | -€28,142 | -25.4% |
| Amounts receivable within one year | 40/41 | €21,630 | €46,923 | +€25,293 | +117% |
| Trade receivables | 40 | €21,273 | €19,022 | -€2,251 | -10.6% |
| Other amounts receivable | 41 | €357 | €27,901 | +€27,544 | +7,715% |
| Cash at bank and in hand | 54/58 | €89,220 | €35,789 | -€53,430 | -59.9% |
| Deferred charges and accrued income | 490/1 | €106 | €101 | -€5 | -4.8% |
| Total equity and liabilities | 10/49 | €196,085 | €165,584 | -€30,501 | -15.6% |
| Equity | 10/15 | €152,865 | €101,108 | -€51,757 | -33.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,360 | €45,360 | -€50,000 | -52.4% |
| Non-distributable reserves | 130/1 | €95,360 | €45,360 | -€50,000 | -52.4% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €93,500 | €43,500 | -€50,000 | -53.5% |
| Profit (loss) carried forward | 14 | €51,305 | €49,548 | -€1,757 | -3.4% |
| Amounts payable | 17/49 | €43,220 | €64,476 | +€21,255 | +49.2% |
| Amounts payable within one year | 42/48 | €43,220 | €64,476 | +€21,255 | +49.2% |
| Trade debts | 44 | €13,980 | €13,161 | -€819 | -5.9% |
| Suppliers | 440/4 | €13,980 | €13,161 | -€819 | -5.9% |
| Taxes, remuneration and social security | 45 | €2,470 | €514 | -€1,955 | -79.2% |
| Taxes | 450/3 | €2,470 | €514 | -€1,955 | -79.2% |
| Other amounts payable | 47/48 | €26,771 | €50,800 | +€24,029 | +89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,656 | €4,140 | -€516 | -11.1% |
| Other operating charges | 640/8 | €673 | €666 | -€6 | -0.9% |
| Gross operating margin | 9900 | €12,660 | €3,216 | -€9,444 | -74.6% |
| Operating profit (loss) | 9901 | €7,331 | -€1,590 | -€8,922 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +5,100% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5,100% |
| Financial charges | 65/66B | €59 | €54 | -€5 | -7.9% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €7,273 | -€1,644 | -€8,916 | |
| Income taxes | 67/77 | -€258 | €113 | +€371 | |
| Profit (loss) for the period | 9904 | €7,531 | -€1,757 | -€9,287 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,531 | -€1,757 | -€9,287 |
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 17 October 2026 via checked.be.