CREASSENT: 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.
CREASSENT
Largest movements
- Current investments -€129,917
down €129,917 (-52.7%), from €246,580 to €116,664
- Cash +€68,750
up €68,750 (+691%), from €9,952 to €78,703
mainly Other debts (+€203,903) and Current investments (+€129,917)
- Receivables within one year -€22,911
down €22,911 (-34.2%), from €67,083 to €44,171
of which Trade receivables: -€27,215
- Tangible fixed assets -€8,654
down €8,654 (-37.5%), from €23,092 to €14,438
- Reserves -€243,530
down €243,530 (-83.5%), from €291,679 to €48,149
- Other debts +€203,903
up €203,903 (+59,948%), from €340 to €204,243
- Tax, wage and social debts -€53,035
down €53,035 (-100%), from €53,035 to €0
- Gross operating margin -€2,113
down €2,113 (-1.6%), from €129,866 to €127,752
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 | €348,164 | €255,447 | -€92,717 | -26.6% |
| Fixed assets | 21/28 | €23,092 | €14,438 | -€8,654 | -37.5% |
| Tangible fixed assets | 22/27 | €23,092 | €14,438 | -€8,654 | -37.5% |
| Furniture and vehicles | 24 | €23,092 | €14,438 | -€8,654 | -37.5% |
| Current assets | 29/58 | €325,072 | €241,009 | -€84,063 | -25.9% |
| Amounts receivable within one year | 40/41 | €67,083 | €44,171 | -€22,911 | -34.2% |
| Trade receivables | 40 | €66,850 | €39,635 | -€27,215 | -40.7% |
| Other amounts receivable | 41 | €233 | €4,537 | +€4,304 | +1,848% |
| Current investments | 50/53 | €246,580 | €116,664 | -€129,917 | -52.7% |
| Cash at bank and in hand | 54/58 | €9,952 | €78,703 | +€68,750 | +691% |
| Deferred charges and accrued income | 490/1 | €1,457 | €1,471 | +€14 | +1.0% |
| Total equity and liabilities | 10/49 | €348,164 | €255,447 | -€92,717 | -26.6% |
| Equity | 10/15 | €294,679 | €51,149 | -€243,530 | -82.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €291,679 | €48,149 | -€243,530 | -83.5% |
| Distributable reserves | 133 | €291,679 | €48,149 | -€243,530 | -83.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,485 | €204,298 | +€150,814 | +282% |
| Amounts payable within one year | 42/48 | €53,485 | €204,298 | +€150,814 | +282% |
| Financial debts | 43 | €83 | €28 | -€55 | -66.3% |
| Credit institutions | 430/8 | €83 | €28 | -€55 | -66.3% |
| Trade debts | 44 | €27 | €28 | +€1 | +2.2% |
| Suppliers | 440/4 | €27 | €28 | +€1 | +2.2% |
| Taxes, remuneration and social security | 45 | €53,035 | €0 | -€53,035 | -100% |
| Taxes | 450/3 | €53,035 | €0 | -€53,035 | -100% |
| Other amounts payable | 47/48 | €340 | €204,243 | +€203,903 | +59,948% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,654 | €8,654 | +€0 | 0.0% |
| Other operating charges | 640/8 | €582 | €997 | +€415 | +71.2% |
| Gross operating margin | 9900 | €129,866 | €127,752 | -€2,113 | -1.6% |
| Operating profit (loss) | 9901 | €120,630 | €118,102 | -€2,528 | -2.1% |
| Financial income | 75/76B | €5,026 | €6,074 | +€1,047 | +20.8% |
| Recurring financial income | 75 | €5,026 | €6,074 | +€1,047 | +20.8% |
| Financial charges | 65/66B | €148 | €185 | +€38 | +25.4% |
| Recurring financial charges | 65 | €148 | €185 | +€38 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €125,509 | €123,991 | -€1,518 | -1.2% |
| Income taxes | 67/77 | €27,820 | €27,521 | -€299 | -1.1% |
| Profit (loss) for the period | 9904 | €97,689 | €96,470 | -€1,219 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €97,689 | €96,470 | -€1,219 | -1.2% |
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 19 October 2026 via checked.be.