CREATIO RENOV: 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.
CREATIO RENOV
Largest movements
- Stocks and contracts +€2,250
new in 2025: €2,250
- Cash -€1,836
down €1,836 (-16.5%), from €11,106 to €9,270
mainly Stocks and contracts (-€2,250) and Receivables within one year (-€86)
- Reserves +€300
up €300 (+75.0%), from €400 to €700
- Staff costs -€12,153
no longer reported in 2025 (was €12,153)
- Gross operating margin -€11,667
down €11,667 (-91.0%), from €12,822 to €1,155
- Other operating charges +€627
up €627 (+2,090%), from €30 to €657
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 | €11,469 | €11,969 | +€500 | +4.4% |
| Current assets | 29/58 | €11,469 | €11,969 | +€500 | +4.4% |
| Stocks and contracts in progress | 3 | - | €2,250 | +€2,250 | |
| Contracts in progress | 37 | - | €2,250 | +€2,250 | |
| Amounts receivable within one year | 40/41 | €363 | €449 | +€86 | +23.7% |
| Other amounts receivable | 41 | €363 | €449 | +€86 | +23.7% |
| Cash at bank and in hand | 54/58 | €11,106 | €9,270 | -€1,836 | -16.5% |
| Total equity and liabilities | 10/49 | €11,469 | €11,969 | +€500 | +4.4% |
| Equity | 10/15 | €7,910 | €8,272 | +€362 | +4.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €400 | €700 | +€300 | +75.0% |
| Distributable reserves | 133 | €400 | €700 | +€300 | +75.0% |
| Profit (loss) carried forward | 14 | €10 | €72 | +€62 | +620% |
| Amounts payable | 17/49 | €3,559 | €3,697 | +€138 | +3.9% |
| Amounts payable within one year | 42/48 | €3,559 | €3,697 | +€138 | +3.9% |
| Trade debts | 44 | - | €84 | +€84 | |
| Suppliers | 440/4 | - | €84 | +€84 | |
| Taxes, remuneration and social security | 45 | €139 | €193 | +€54 | +38.8% |
| Taxes | 450/3 | €139 | €193 | +€54 | +38.8% |
| Other amounts payable | 47/48 | €3,420 | €3,420 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €12,153 | - | -€12,153 | |
| Other operating charges | 640/8 | €30 | €657 | +€627 | +2,090% |
| Gross operating margin | 9900 | €12,822 | €1,155 | -€11,667 | -91.0% |
| Operating profit (loss) | 9901 | €639 | €498 | -€141 | -22.1% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €97 | €80 | -€17 | -17.5% |
| Recurring financial charges | 65 | €97 | €80 | -€17 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €547 | €418 | -€129 | -23.6% |
| Income taxes | 67/77 | €137 | €56 | -€81 | -59.1% |
| Profit (loss) for the period | 9904 | €410 | €362 | -€48 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €410 | €362 | -€48 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.