Creasure: what changed
Two fiscal 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.
Creasure
Largest movements
- Stocks and contracts +€85,321
up €85,321 (+41.8%), from €204,224 to €289,545
- Cash +€33,233
up €33,233 (+74.3%), from €44,734 to €77,967
mainly Other debts (+€295,722) and Tax, wage and social debts (+€55,860)
- Receivables within one year +€27,868
up €27,868 (+33.0%), from €84,415 to €112,283
of which Trade receivables: +€16,128
- Tangible fixed assets +€14,310
up €14,310 (+28.0%), from €51,039 to €65,349
of which Plant, machinery and equipment: +€14,163
- Other debts +€295,722
up €295,722 (+120.3%), from €245,894 to €541,616
- Trade debts -€116,375
down €116,375 (-74.1%), from €157,041 to €40,666
- Profit (loss) carried forward -€72,452
down €72,452 (-176.8%), from -€40,969 to -€113,421
- Tax, wage and social debts +€55,860
up €55,860 (+769.5%), from €7,260 to €63,119
of which Taxes: +€43,860
- Gross operating margin -€73,657
down €73,657, from €16,273 to -€57,384
- Depreciation +€12,213
up €12,213 (+659.9%), from €1,851 to €14,064
- Write-downs +€6,699
up €6,699 (+86.2%), from -€7,767 to -€1,068
- Other operating charges +€1,029
up €1,029 (+871.9%), from €118 to €1,147
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.
Cash bridge derived
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 | €387,844 | €550,598 | +€162,754 | +42.0% |
| Fixed assets | 21/28 | €54,471 | €68,781 | +€14,310 | +26.3% |
| Tangible fixed assets | 22/27 | €51,039 | €65,349 | +€14,310 | +28.0% |
| Plant, machinery and equipment | 23 | €51,039 | €65,202 | +€14,163 | +27.7% |
| Furniture and vehicles | 24 | - | €147 | +€147 | |
| Financial fixed assets | 28 | €3,432 | €3,432 | = | 0.0% |
| Current assets | 29/58 | €333,373 | €481,817 | +€148,444 | +44.5% |
| Amounts receivable after more than one year | 29 | - | €2,022 | +€2,022 | |
| Trade receivables | 290 | - | €2,022 | +€2,022 | |
| Stocks and contracts in progress | 3 | €204,224 | €289,545 | +€85,321 | +41.8% |
| Stocks | 30/36 | €204,224 | €289,545 | +€85,321 | +41.8% |
| Amounts receivable within one year | 40/41 | €84,415 | €112,283 | +€27,868 | +33.0% |
| Trade receivables | 40 | €46,630 | €62,758 | +€16,128 | +34.6% |
| Other amounts receivable | 41 | €37,785 | €49,525 | +€11,740 | +31.1% |
| Cash at bank and in hand | 54/58 | €44,734 | €77,967 | +€33,233 | +74.3% |
| Total equity and liabilities | 10/49 | €387,844 | €550,598 | +€162,754 | +42.0% |
| Equity | 10/15 | -€22,351 | -€94,803 | -€72,452 | -324.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,418 | €12,418 | = | 0.0% |
| Distributable reserves | 133 | €12,418 | €12,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,969 | -€113,421 | -€72,452 | -176.8% |
| Amounts payable | 17/49 | €410,195 | €645,401 | +€235,206 | +57.3% |
| Amounts payable within one year | 42/48 | €410,195 | €645,401 | +€235,206 | +57.3% |
| Trade debts | 44 | €157,041 | €40,666 | -€116,375 | -74.1% |
| Suppliers | 440/4 | €157,041 | €40,666 | -€116,375 | -74.1% |
| Taxes, remuneration and social security | 45 | €7,260 | €63,119 | +€55,860 | +769.5% |
| Taxes | 450/3 | €7,260 | €51,119 | +€43,860 | +604.2% |
| Remuneration and social security | 454/9 | - | €12,000 | +€12,000 | |
| Other amounts payable | 47/48 | €245,894 | €541,616 | +€295,722 | +120.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,851 | €14,064 | +€12,213 | +659.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,767 | -€1,068 | +€6,699 | +86.2% |
| Other operating charges | 640/8 | €118 | €1,147 | +€1,029 | +871.9% |
| Non-recurring operating charges | 66A | - | €478 | +€478 | |
| Gross operating margin | 9900 | €16,273 | -€57,384 | -€73,657 | |
| Operating profit (loss) | 9901 | €22,071 | -€72,005 | -€94,077 | |
| Financial income | 75/76B | €144 | €109 | -€36 | -24.8% |
| Recurring financial income | 75 | €144 | €109 | -€36 | -24.8% |
| Financial charges | 65/66B | €42 | €555 | +€514 | +1228.3% |
| Recurring financial charges | 65 | €42 | €555 | +€514 | +1228.3% |
| Profit (loss) for the period before taxes | 9903 | €22,174 | -€72,452 | -€94,626 | |
| Profit (loss) for the period | 9904 | €22,174 | -€72,452 | -€94,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,174 | -€72,452 | -€94,626 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.