CREATEC: 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.
CREATEC
Largest movements
- Receivables within one year +€52,419
up €52,419 (+92.0%), from €56,995 to €109,414
of which Other amounts receivable: +€26,786
- Receivables after one year -€25,500
down €25,500 (-32.8%), from €77,633 to €52,133
- Tangible fixed assets +€2,628
up €2,628 (+18.8%), from €14,011 to €16,640
- Other debts +€19,201
up €19,201 (+1724.5%), from €1,113 to €20,315
- Tax, wage and social debts +€18,728
up €18,728 (+43.1%), from €43,431 to €62,160
- Reserves -€9,141
down €9,141 (-10.8%), from €84,955 to €75,814
of which Distributable reserves: -€9,141
- Trade debts +€4,882
up €4,882 (+323.3%), from €1,510 to €6,392
- Debts after one year -€3,737
down €3,737 (-31.9%), from €11,701 to €7,963
- Gross operating margin -€64,086
down €64,086, from €50,934 to -€13,151
- Financial income +€13,711
up €13,711 (+785.2%), from €1,746 to €15,457
of which Non-recurring financial income: +€13,936
- Taxes -€13,340
down €13,340 (-96.5%), from €13,820 to €480
- Other operating charges +€709
up €709 (+237.1%), from €299 to €1,008
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,228 | €179,162 | +€29,934 | +20.1% |
| Fixed assets | 21/28 | €14,236 | €16,865 | +€2,628 | +18.5% |
| Tangible fixed assets | 22/27 | €14,011 | €16,640 | +€2,628 | +18.8% |
| Furniture and vehicles | 24 | €14,011 | €16,640 | +€2,628 | +18.8% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €134,991 | €162,297 | +€27,306 | +20.2% |
| Amounts receivable after more than one year | 29 | €77,633 | €52,133 | -€25,500 | -32.8% |
| Other amounts receivable | 291 | €77,633 | €52,133 | -€25,500 | -32.8% |
| Amounts receivable within one year | 40/41 | €56,995 | €109,414 | +€52,419 | +92.0% |
| Trade receivables | 40 | €56,690 | €82,323 | +€25,633 | +45.2% |
| Other amounts receivable | 41 | €304 | €27,091 | +€26,786 | +8797.0% |
| Cash at bank and in hand | 54/58 | €10 | €35 | +€25 | +250.0% |
| Deferred charges and accrued income | 490/1 | €353 | €715 | +€362 | +102.5% |
| Total equity and liabilities | 10/49 | €149,228 | €179,162 | +€29,934 | +20.1% |
| Equity | 10/15 | €91,155 | €82,014 | -€9,141 | -10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,955 | €75,814 | -€9,141 | -10.8% |
| Non-distributable reserves | 130/1 | €3,263 | €3,263 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,263 | €3,263 | = | 0.0% |
| Distributable reserves | 133 | €81,692 | €72,551 | -€9,141 | -11.2% |
| Amounts payable | 17/49 | €58,073 | €97,147 | +€39,075 | +67.3% |
| Amounts payable after more than one year | 17 | €11,701 | €7,963 | -€3,737 | -31.9% |
| Financial debts | 170/4 | €11,701 | €7,963 | -€3,737 | -31.9% |
| Amounts payable within one year | 42/48 | €46,055 | €88,867 | +€42,812 | +93.0% |
| Trade debts | 44 | €1,510 | €6,392 | +€4,882 | +323.3% |
| Suppliers | 440/4 | €1,510 | €6,392 | +€4,882 | +323.3% |
| Taxes, remuneration and social security | 45 | €43,431 | €62,160 | +€18,728 | +43.1% |
| Taxes | 450/3 | €43,431 | €62,160 | +€18,728 | +43.1% |
| Other amounts payable | 47/48 | €1,113 | €20,315 | +€19,201 | +1724.5% |
| Accrued charges and deferred income | 492/3 | €317 | €317 | = | 0.0% |
| Non-recurring operating income | 76A | €12,769 | - | -€12,769 | |
| Remuneration, social security and pensions | 62 | €519 | €241 | -€278 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,595 | €4,832 | +€236 | +5.1% |
| Other operating charges | 640/8 | €299 | €1,008 | +€709 | +237.1% |
| Gross operating margin | 9900 | €50,934 | -€13,151 | -€64,086 | |
| Operating profit (loss) | 9901 | €45,521 | -€19,232 | -€64,753 | |
| Financial income | 75/76B | €1,746 | €15,457 | +€13,711 | +785.2% |
| Recurring financial income | 75 | €1,746 | €1,522 | -€224 | -12.8% |
| Non-recurring financial income | 76B | - | €13,936 | +€13,936 | |
| Financial charges | 65/66B | €5,051 | €4,886 | -€164 | -3.3% |
| Recurring financial charges | 65 | €5,051 | €4,886 | -€164 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €42,216 | -€8,661 | -€50,877 | |
| Income taxes | 67/77 | €13,820 | €480 | -€13,340 | -96.5% |
| Profit (loss) for the period | 9904 | €28,396 | -€9,141 | -€37,537 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,396 | -€9,141 | -€37,537 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.