CREASULT: 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.
CREASULT
Largest movements
- Cash +€255,033
up €255,033 (+842%), from €30,280 to €285,314
mainly Net result for the year (+€395,181) and Receivables within one year (+€211,689)
- Receivables within one year -€211,689
down €211,689 (-84.9%), from €249,411 to €37,722
of which Trade receivables: -€131,689
- Receivables after one year -€61,600
down €61,600 (-8.4%), from €733,295 to €671,695
- Tangible fixed assets +€53,718
up €53,718 (+13.3%), from €402,946 to €456,664
of which Other tangible fixed assets: +€51,902
- Reserves +€395,181
up €395,181 (+40.6%), from €972,332 to €1.4m
of which Distributable reserves: +€395,181
- Other debts -€264,836
down €264,836 (-68.5%), from €386,524 to €121,688
- Debts after one year -€65,735
down €65,735 (-23.5%), from €279,486 to €213,751
- Advances received -€42,015
down €42,015 (-66.4%), from €63,232 to €21,217
- Gross operating margin +€163,422
up €163,422 (+33.5%), from €487,144 to €650,565
- Taxes +€72,279
up €72,279 (+66.5%), from €108,615 to €180,894
- Staff costs +€29,260
up €29,260 (+84.3%), from €34,721 to €63,981
- Other operating charges -€22,385
down €22,385 (-74.5%), from €30,030 to €7,645
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 | €1,898,815 | €1,936,701 | +€37,886 | +2.0% |
| Fixed assets | 21/28 | €885,829 | €940,003 | +€54,174 | +6.1% |
| Tangible fixed assets | 22/27 | €402,946 | €456,664 | +€53,718 | +13.3% |
| Land and buildings | 22 | €109,085 | €109,085 | = | 0.0% |
| Plant, machinery and equipment | 23 | €466 | €2,282 | +€1,816 | +390% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €293,396 | €345,298 | +€51,902 | +17.7% |
| Financial fixed assets | 28 | €482,882 | €483,339 | +€456 | +0.1% |
| Current assets | 29/58 | €1,012,986 | €996,698 | -€16,288 | -1.6% |
| Amounts receivable after more than one year | 29 | €733,295 | €671,695 | -€61,600 | -8.4% |
| Other amounts receivable | 291 | €733,295 | €671,695 | -€61,600 | -8.4% |
| Amounts receivable within one year | 40/41 | €249,411 | €37,722 | -€211,689 | -84.9% |
| Trade receivables | 40 | €169,411 | €37,722 | -€131,689 | -77.7% |
| Other amounts receivable | 41 | €80,000 | €0 | -€80,000 | -100% |
| Cash at bank and in hand | 54/58 | €30,280 | €285,314 | +€255,033 | +842% |
| Deferred charges and accrued income | 490/1 | €0 | €1,968 | +€1,968 | |
| Total equity and liabilities | 10/49 | €1,898,815 | €1,936,701 | +€37,886 | +2.0% |
| Equity | 10/15 | €990,932 | €1,386,113 | +€395,181 | +39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €972,332 | €1,367,513 | +€395,181 | +40.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,600 | €4,600 | = | 0.0% |
| Distributable reserves | 133 | €967,732 | €1,362,913 | +€395,181 | +40.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €907,883 | €550,588 | -€357,295 | -39.4% |
| Amounts payable after more than one year | 17 | €279,486 | €213,751 | -€65,735 | -23.5% |
| Financial debts | 170/4 | €279,486 | €213,751 | -€65,735 | -23.5% |
| Amounts payable within one year | 42/48 | €628,396 | €336,837 | -€291,560 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €64,270 | €65,735 | +€1,465 | +2.3% |
| Financial debts | 43 | €16,928 | €33,728 | +€16,799 | +99.2% |
| Credit institutions | 430/8 | €16,928 | €33,728 | +€16,799 | +99.2% |
| Trade debts | 44 | €9,466 | €2,508 | -€6,958 | -73.5% |
| Suppliers | 440/4 | €9,466 | €2,508 | -€6,958 | -73.5% |
| Advances received on contracts in progress | 46 | €63,232 | €21,217 | -€42,015 | -66.4% |
| Taxes, remuneration and social security | 45 | €87,976 | €91,961 | +€3,985 | +4.5% |
| Taxes | 450/3 | €87,976 | €91,961 | +€3,985 | +4.5% |
| Other amounts payable | 47/48 | €386,524 | €121,688 | -€264,836 | -68.5% |
| Remuneration, social security and pensions | 62 | €34,721 | €63,981 | +€29,260 | +84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,085 | €13,368 | -€4,717 | -26.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €30,030 | €7,645 | -€22,385 | -74.5% |
| Gross operating margin | 9900 | €487,144 | €650,565 | +€163,422 | +33.5% |
| Operating profit (loss) | 9901 | €404,308 | €565,572 | +€161,264 | +39.9% |
| Financial income | 75/76B | €26,797 | €27,405 | +€608 | +2.3% |
| Recurring financial income | 75 | €26,797 | €27,405 | +€608 | +2.3% |
| Financial charges | 65/66B | €23,145 | €16,902 | -€6,243 | -27.0% |
| Recurring financial charges | 65 | €23,145 | €16,902 | -€6,243 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €407,960 | €576,075 | +€168,115 | +41.2% |
| Income taxes | 67/77 | €108,615 | €180,894 | +€72,279 | +66.5% |
| Profit (loss) for the period | 9904 | €299,345 | €395,181 | +€95,836 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €299,345 | €395,181 | +€95,836 | +32.0% |
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 24 October 2026 via checked.be.