CREATREE: 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.
CREATREE
Largest movements
- Receivables within one year -€10,959
down €10,959 (-19.8%), from €55,338 to €44,379
of which Trade receivables: -€8,198
- Deferred charges and accrued income -€2,414
down €2,414 (-35.3%), from €6,836 to €4,422
- Tangible fixed assets -€1,490
down €1,490 (-44.8%), from €3,324 to €1,834
- Trade debts -€29,809
down €29,809 (-40.1%), from €74,342 to €44,534
- Profit (loss) carried forward +€11,074
up €11,074 (+24.4%), from -€45,294 to -€34,221
- Accrued charges and deferred income +€2,243
up €2,243 (+200.0%), from €1,121 to €3,364
- Tax, wage and social debts +€1,561
up €1,561 (+169.6%), from €920 to €2,481
of which Remuneration and social security: +€800
- Gross operating margin +€11,862
up €11,862 (+323.2%), from €3,670 to €15,533
- Depreciation -€1,239
down €1,239 (-45.4%), from €2,730 to €1,490
- Other operating charges +€338
up €338 (+22.3%), from €1,513 to €1,851
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,396 | €73,368 | -€15,028 | -17.0% |
| Fixed assets | 21/28 | €3,324 | €1,834 | -€1,490 | -44.8% |
| Tangible fixed assets | 22/27 | €3,324 | €1,834 | -€1,490 | -44.8% |
| Plant, machinery and equipment | 23 | €3,324 | €1,834 | -€1,490 | -44.8% |
| Current assets | 29/58 | €85,071 | €71,534 | -€13,537 | -15.9% |
| Stocks and contracts in progress | 3 | €22,897 | €22,732 | -€165 | -0.7% |
| Stocks | 30/36 | €16,897 | €16,897 | = | 0.0% |
| Contracts in progress | 37 | €6,000 | €5,836 | -€165 | -2.7% |
| Amounts receivable within one year | 40/41 | €55,338 | €44,379 | -€10,959 | -19.8% |
| Trade receivables | 40 | €15,034 | €6,836 | -€8,198 | -54.5% |
| Other amounts receivable | 41 | €40,304 | €37,543 | -€2,761 | -6.8% |
| Deferred charges and accrued income | 490/1 | €6,836 | €4,422 | -€2,414 | -35.3% |
| Total equity and liabilities | 10/49 | €88,396 | €73,368 | -€15,028 | -17.0% |
| Equity | 10/15 | -€13,777 | -€2,703 | +€11,074 | +80.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €24,017 | €24,017 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €11,517 | €11,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,294 | -€34,221 | +€11,074 | +24.4% |
| Amounts payable | 17/49 | €102,172 | €76,071 | -€26,101 | -25.5% |
| Amounts payable within one year | 42/48 | €101,051 | €72,707 | -€28,344 | -28.0% |
| Financial debts | 43 | €25,789 | €25,693 | -€96 | -0.4% |
| Credit institutions | 430/8 | €25,789 | €25,693 | -€96 | -0.4% |
| Trade debts | 44 | €74,342 | €44,534 | -€29,809 | -40.1% |
| Suppliers | 440/4 | €74,342 | €44,534 | -€29,809 | -40.1% |
| Taxes, remuneration and social security | 45 | €920 | €2,481 | +€1,561 | +169.6% |
| Taxes | 450/3 | €120 | €881 | +€761 | +633.9% |
| Remuneration and social security | 454/9 | €800 | €1,600 | +€800 | +100.0% |
| Accrued charges and deferred income | 492/3 | €1,121 | €3,364 | +€2,243 | +200.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,730 | €1,490 | -€1,239 | -45.4% |
| Other operating charges | 640/8 | €1,513 | €1,851 | +€338 | +22.3% |
| Gross operating margin | 9900 | €3,670 | €15,533 | +€11,862 | +323.2% |
| Operating profit (loss) | 9901 | -€572 | €12,192 | +€12,764 | |
| Financial income | 75/76B | €2,545 | €2,432 | -€113 | -4.4% |
| Recurring financial income | 75 | €2,545 | €2,432 | -€113 | -4.4% |
| Financial charges | 65/66B | €3,679 | €3,551 | -€129 | -3.5% |
| Recurring financial charges | 65 | €3,679 | €3,551 | -€129 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,706 | €11,074 | +€12,780 | |
| Profit (loss) for the period | 9904 | -€1,706 | €11,074 | +€12,780 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,706 | €11,074 | +€12,780 |
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 30 September 2026 via checked.be.