CREASTONE: what changed
CREASTONE
Largest movements
- Tangible fixed assets -€14,602
down €14,602 (-22.9%), from €63,766 to €49,164
of which Plant, machinery and equipment: -€7,615
- Cash +€5,414
up €5,414 (+20.0%), from €27,131 to €32,544
mainly Depreciation (+€25,305) and Trade debts (+€1,734)
- Debts after one year -€9,785
down €9,785 (-30.4%), from €32,233 to €22,449
- Trade debts +€1,734
up €1,734 (+185%), from €939 to €2,673
- Tax, wage and social debts -€1,394
down €1,394 (-31.5%), from €4,432 to €3,038
of which Taxes: -€1,564
- Gross operating margin -€22,541
down €22,541 (-46.0%), from €49,051 to €26,509
- Taxes -€6,165
down €6,165, from €4,741 to -€1,424
- Depreciation -€5,769
down €5,769 (-18.6%), from €31,074 to €25,305
- Financial charges -€612
down €612 (-27.8%), from €2,206 to €1,594
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,852 | €94,823 | -€9,030 | -8.7% |
| Fixed assets | 21/28 | €63,766 | €49,164 | -€14,602 | -22.9% |
| Tangible fixed assets | 22/27 | €63,766 | €49,164 | -€14,602 | -22.9% |
| Plant, machinery and equipment | 23 | €22,803 | €15,187 | -€7,615 | -33.4% |
| Furniture and vehicles | 24 | €40,963 | €33,976 | -€6,987 | -17.1% |
| Current assets | 29/58 | €40,087 | €45,659 | +€5,573 | +13.9% |
| Stocks and contracts in progress | 3 | €223 | €229 | +€6 | +2.6% |
| Stocks | 30/36 | €223 | €229 | +€6 | +2.6% |
| Amounts receivable within one year | 40/41 | €12,733 | €12,886 | +€153 | +1.2% |
| Trade receivables | 40 | €11,703 | €8,959 | -€2,744 | -23.4% |
| Other amounts receivable | 41 | €1,030 | €3,928 | +€2,897 | +281% |
| Cash at bank and in hand | 54/58 | €27,131 | €32,544 | +€5,414 | +20.0% |
| Total equity and liabilities | 10/49 | €103,852 | €94,823 | -€9,030 | -8.7% |
| Equity | 10/15 | €55,755 | €55,871 | +€115 | +0.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,255 | €53,371 | +€115 | +0.2% |
| Amounts payable | 17/49 | €48,097 | €38,952 | -€9,145 | -19.0% |
| Amounts payable after more than one year | 17 | €32,233 | €22,449 | -€9,785 | -30.4% |
| Financial debts | 170/4 | €32,233 | €22,449 | -€9,785 | -30.4% |
| Amounts payable within one year | 42/48 | €15,864 | €16,504 | +€640 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €9,396 | €9,785 | +€388 | +4.1% |
| Trade debts | 44 | €939 | €2,673 | +€1,734 | +185% |
| Suppliers | 440/4 | €939 | €2,673 | +€1,734 | +185% |
| Taxes, remuneration and social security | 45 | €4,432 | €3,038 | -€1,394 | -31.5% |
| Taxes | 450/3 | €2,082 | €519 | -€1,564 | -75.1% |
| Remuneration and social security | 454/9 | €2,350 | €2,520 | +€170 | +7.2% |
| Other amounts payable | 47/48 | €1,096 | €1,007 | -€89 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,074 | €25,305 | -€5,769 | -18.6% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | €49,051 | €26,509 | -€22,541 | -46.0% |
| Operating profit (loss) | 9901 | €17,471 | €1,085 | -€16,386 | -93.8% |
| Financial charges | 65/66B | €2,206 | €1,594 | -€612 | -27.8% |
| Recurring financial charges | 65 | €2,206 | €1,594 | -€612 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €15,265 | -€509 | -€15,774 | |
| Income taxes | 67/77 | €4,741 | -€1,424 | -€6,165 | |
| Profit (loss) for the period | 9904 | €10,525 | €915 | -€9,609 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,525 | €915 | -€9,609 | -91.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.