CREATE IT: what changed
CREATE IT
Largest movements
- Cash +€73,744
up €73,744 (+29.8%), from €247,388 to €321,133
mainly Net result for the year (+€76,107) and Depreciation (+€37,524)
- Tangible fixed assets -€25,018
down €25,018 (-5.9%), from €421,126 to €396,108
- Receivables within one year +€17,598
up €17,598 (+248%), from €7,091 to €24,689
of which Trade receivables: +€21,854
- Current investments +€9,000
up €9,000 (+29.3%), from €30,750 to €39,750
- Reserves +€76,107
up €76,107 (+24.0%), from €316,562 to €392,669
- Debts after one year -€31,379
down €31,379 (-11.4%), from €275,035 to €243,656
- Trade debts +€30,440
up €30,440 (+229%), from €13,286 to €43,726
- Tax, wage and social debts +€8,165
up €8,165 (+58.4%), from €13,984 to €22,149
of which Taxes: +€11,203
- Gross operating margin +€24,123
up €24,123 (+10.1%), from €238,459 to €262,582
- Taxes +€10,646
up €10,646 (+54.4%), from €19,552 to €30,198
- Staff costs -€7,088
down €7,088 (-6.0%), from €118,156 to €111,068
- Depreciation -€5,631
down €5,631 (-13.0%), from €43,155 to €37,524
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 | €706,355 | €781,680 | +€75,324 | +10.7% |
| Fixed assets | 21/28 | €421,126 | €396,108 | -€25,018 | -5.9% |
| Tangible fixed assets | 22/27 | €421,126 | €396,108 | -€25,018 | -5.9% |
| Land and buildings | 22 | €344,902 | €337,468 | -€7,434 | -2.2% |
| Plant, machinery and equipment | 23 | €1,023 | €417 | -€606 | -59.3% |
| Furniture and vehicles | 24 | €18,882 | €7,628 | -€11,254 | -59.6% |
| Leasing and similar rights | 25 | €56,319 | €50,595 | -€5,724 | -10.2% |
| Current assets | 29/58 | €285,229 | €385,572 | +€100,343 | +35.2% |
| Amounts receivable within one year | 40/41 | €7,091 | €24,689 | +€17,598 | +248% |
| Trade receivables | 40 | €2,835 | €24,689 | +€21,854 | +771% |
| Other amounts receivable | 41 | €4,256 | €0 | -€4,256 | -100.0% |
| Current investments | 50/53 | €30,750 | €39,750 | +€9,000 | +29.3% |
| Cash at bank and in hand | 54/58 | €247,388 | €321,133 | +€73,744 | +29.8% |
| Total equity and liabilities | 10/49 | €706,355 | €781,680 | +€75,324 | +10.7% |
| Equity | 10/15 | €335,162 | €411,269 | +€76,107 | +22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €316,562 | €392,669 | +€76,107 | +24.0% |
| Distributable reserves | 133 | €316,562 | €392,669 | +€76,107 | +24.0% |
| Amounts payable | 17/49 | €371,193 | €370,410 | -€783 | -0.2% |
| Amounts payable after more than one year | 17 | €275,035 | €243,656 | -€31,379 | -11.4% |
| Financial debts | 170/4 | €275,035 | €243,656 | -€31,379 | -11.4% |
| Amounts payable within one year | 42/48 | €93,723 | €126,314 | +€32,591 | +34.8% |
| Current portion of amounts payable after more than one year | 42 | €31,620 | €31,379 | -€241 | -0.8% |
| Trade debts | 44 | €13,286 | €43,726 | +€30,440 | +229% |
| Suppliers | 440/4 | €13,286 | €43,726 | +€30,440 | +229% |
| Taxes, remuneration and social security | 45 | €13,984 | €22,149 | +€8,165 | +58.4% |
| Taxes | 450/3 | - | €11,203 | +€11,203 | |
| Remuneration and social security | 454/9 | €13,984 | €10,947 | -€3,037 | -21.7% |
| Other amounts payable | 47/48 | €34,834 | €29,060 | -€5,773 | -16.6% |
| Accrued charges and deferred income | 492/3 | €2,435 | €440 | -€1,995 | -81.9% |
| Remuneration, social security and pensions | 62 | €118,156 | €111,068 | -€7,088 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,155 | €37,524 | -€5,631 | -13.0% |
| Other operating charges | 640/8 | €3,558 | €3,280 | -€278 | -7.8% |
| Gross operating margin | 9900 | €238,459 | €262,582 | +€24,123 | +10.1% |
| Operating profit (loss) | 9901 | €73,589 | €110,709 | +€37,120 | +50.4% |
| Financial income | 75/76B | €2,260 | €2,650 | +€390 | +17.2% |
| Recurring financial income | 75 | €2,260 | €2,650 | +€390 | +17.2% |
| Financial charges | 65/66B | €7,886 | €7,055 | -€831 | -10.5% |
| Recurring financial charges | 65 | €7,886 | €7,055 | -€831 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €67,964 | €106,305 | +€38,341 | +56.4% |
| Income taxes | 67/77 | €19,552 | €30,198 | +€10,646 | +54.4% |
| Profit (loss) for the period | 9904 | €48,412 | €76,107 | +€27,695 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,412 | €76,107 | +€27,695 | +57.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.