CREAVIGO: 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.
CREAVIGO
Largest movements
- Receivables within one year +€58,239
up €58,239 (+160%), from €36,337 to €94,576
of which Trade receivables: +€63,461
- Cash -€13,103
down €13,103 (-55.2%), from €23,744 to €10,640
mainly Receivables within one year (-€58,239) and Investment in fixed assets (net) (-€10,979)
- Tangible fixed assets +€10,560
new in 2025: €10,560
of which Plant, machinery and equipment: +€9,728
- Financial fixed assets -€1,310
down €1,310 (-100%), from €1,310 to €0
- Trade debts +€28,634
up €28,634 (+65.5%), from €43,744 to €72,378
- Other debts +€19,465
up €19,465 (+11,848%), from €164 to €19,629
- Reserves +€9,838
up €9,838 (+215%), from €4,578 to €14,416
- Accrued charges and deferred income -€6,000
down €6,000 (-100%), from €6,000 to €0
- Tax, wage and social debts +€2,427
up €2,427 (+97.7%), from €2,484 to €4,911
of which Remuneration and social security: +€1,761
- Gross operating margin +€57,171
up €57,171 (+842%), from €6,790 to €63,961
- Staff costs +€49,931
up €49,931 (+4,268%), from €1,170 to €51,100
- Depreciation +€1,729
new in 2025: €1,729
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 | €61,970 | €116,334 | +€54,364 | +87.7% |
| Fixed assets | 21/28 | €1,310 | €10,560 | +€9,250 | +706% |
| Tangible fixed assets | 22/27 | - | €10,560 | +€10,560 | |
| Plant, machinery and equipment | 23 | - | €9,728 | +€9,728 | |
| Furniture and vehicles | 24 | - | €832 | +€832 | |
| Financial fixed assets | 28 | €1,310 | €0 | -€1,310 | -100% |
| Current assets | 29/58 | €60,660 | €105,774 | +€45,114 | +74.4% |
| Amounts receivable within one year | 40/41 | €36,337 | €94,576 | +€58,239 | +160% |
| Trade receivables | 40 | €25,898 | €89,359 | +€63,461 | +245% |
| Other amounts receivable | 41 | €10,439 | €5,217 | -€5,222 | -50.0% |
| Cash at bank and in hand | 54/58 | €23,744 | €10,640 | -€13,103 | -55.2% |
| Deferred charges and accrued income | 490/1 | €580 | €559 | -€21 | -3.7% |
| Total equity and liabilities | 10/49 | €61,970 | €116,334 | +€54,364 | +87.7% |
| Equity | 10/15 | €9,578 | €19,416 | +€9,838 | +103% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,578 | €14,416 | +€9,838 | +215% |
| Distributable reserves | 133 | €4,578 | €14,416 | +€9,838 | +215% |
| Amounts payable | 17/49 | €52,392 | €96,919 | +€44,526 | +85.0% |
| Amounts payable within one year | 42/48 | €46,392 | €96,919 | +€50,526 | +109% |
| Trade debts | 44 | €43,744 | €72,378 | +€28,634 | +65.5% |
| Suppliers | 440/4 | €43,744 | €72,378 | +€28,634 | +65.5% |
| Taxes, remuneration and social security | 45 | €2,484 | €4,911 | +€2,427 | +97.7% |
| Taxes | 450/3 | €1,759 | €2,426 | +€666 | +37.9% |
| Remuneration and social security | 454/9 | €724 | €2,485 | +€1,761 | +243% |
| Other amounts payable | 47/48 | €164 | €19,629 | +€19,465 | +11,848% |
| Accrued charges and deferred income | 492/3 | €6,000 | €0 | -€6,000 | -100% |
| Remuneration, social security and pensions | 62 | €1,170 | €51,100 | +€49,931 | +4,268% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,729 | +€1,729 | |
| Other operating charges | 640/8 | €299 | €63 | -€236 | -78.9% |
| Gross operating margin | 9900 | €6,790 | €63,961 | +€57,171 | +842% |
| Operating profit (loss) | 9901 | €5,321 | €11,068 | +€5,747 | +108% |
| Financial income | 75/76B | €957 | €765 | -€193 | -20.1% |
| Recurring financial income | 75 | €957 | €765 | -€193 | -20.1% |
| Financial charges | 65/66B | €106 | €53 | -€53 | -49.7% |
| Recurring financial charges | 65 | €106 | €53 | -€53 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €6,172 | €11,779 | +€5,607 | +90.8% |
| Income taxes | 67/77 | €1,594 | €1,941 | +€348 | +21.8% |
| Profit (loss) for the period | 9904 | €4,578 | €9,838 | +€5,259 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €4,578 | €9,838 | +€5,259 | +115% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.