CREATIONIMMO: 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.
CREATIONIMMO
Largest movements
- Stocks and contracts +€2.0m
up €2.0m (+203%), from €1.0m to €3.0m
- Cash -€464,372
down €464,372 (-89.7%), from €517,758 to €53,386
mainly Stocks and contracts (-€2.0m) and Trade debts (-€116,580)
- Receivables within one year -€149,366
down €149,366 (-98.5%), from €151,689 to €2,324
- Debts after one year +€1.5m
up €1.5m (+151%), from €997,773 to €2.5m
- Trade debts -€116,580
down €116,580 (-18.8%), from €618,673 to €502,093
- Other debts +€60,396
new in 2025: €60,396
- Gross operating margin -€271,127
down €271,127 (-10,735%), from -€2,526 to -€273,653
- Other operating charges +€3,658
up €3,658 (+422%), from €868 to €4,526
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 | €1,674,222 | €3,114,200 | +€1.4m | +86.0% |
| Current assets | 29/58 | €1,674,222 | €3,114,200 | +€1.4m | +86.0% |
| Stocks and contracts in progress | 3 | €1,004,775 | €3,040,358 | +€2.0m | +203% |
| Stocks | 30/36 | €1,004,775 | €3,040,358 | +€2.0m | +203% |
| Amounts receivable within one year | 40/41 | €151,689 | €2,324 | -€149,366 | -98.5% |
| Other amounts receivable | 41 | €151,689 | €2,324 | -€149,366 | -98.5% |
| Cash at bank and in hand | 54/58 | €517,758 | €53,386 | -€464,372 | -89.7% |
| Deferred charges and accrued income | 490/1 | - | €18,131 | +€18,131 | |
| Total equity and liabilities | 10/49 | €1,674,222 | €3,114,200 | +€1.4m | +86.0% |
| Equity | 10/15 | €57,775 | €43,440 | -€14,335 | -24.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,725 | -€18,060 | -€14,335 | -385% |
| Amounts payable | 17/49 | €1,616,446 | €3,070,759 | +€1.5m | +90.0% |
| Amounts payable after more than one year | 17 | €997,773 | €2,504,782 | +€1.5m | +151% |
| Other amounts payable | 178/9 | €997,773 | €2,504,782 | +€1.5m | +151% |
| Amounts payable within one year | 42/48 | €618,673 | €562,489 | -€56,184 | -9.1% |
| Trade debts | 44 | €618,673 | €502,093 | -€116,580 | -18.8% |
| Suppliers | 440/4 | €618,673 | €502,093 | -€116,580 | -18.8% |
| Other amounts payable | 47/48 | - | €60,396 | +€60,396 | |
| Accrued charges and deferred income | 492/3 | - | €3,488 | +€3,488 | |
| Other operating charges | 640/8 | €868 | €4,526 | +€3,658 | +422% |
| Operating charges capitalised as restructuring costs | 649 | - | -€264,358 | -€264,358 | |
| Gross operating margin | 9900 | -€2,526 | -€273,653 | -€271,127 | -10,735% |
| Operating profit (loss) | 9901 | -€3,393 | -€13,820 | -€10,427 | -307% |
| Financial charges | 65/66B | €332 | €515 | +€183 | +55.3% |
| Recurring financial charges | 65 | €332 | €515 | +€183 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,725 | -€14,335 | -€10,610 | -285% |
| Profit (loss) for the period | 9904 | -€3,725 | -€14,335 | -€10,610 | -285% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,725 | -€14,335 | -€10,610 | -285% |
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 15 October 2026 via checked.be.