CREAWORK: 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.
CREAWORK
Largest movements
- Cash +€10,326
up €10,326 (+11,538%), from €90 to €10,416
mainly Other debts (+€61,000) and Receivables within one year (+€5,986)
- Receivables within one year -€5,986
down €5,986 (-30.9%), from €19,351 to €13,365
of which Trade receivables: -€6,000
- Other debts +€61,000
up €61,000 (+117%), from €52,000 to €113,000
- Current portion of long-term debt -€40,187
down €40,187 (-82.8%), from €48,535 to €8,348
- Debts after one year -€8,348
no longer reported in 2025 (was €8,348)
- Profit (loss) carried forward -€4,967
down €4,967 (-3.1%), from -€157,800 to -€162,767
- Trade debts -€2,996
down €2,996 (-6.4%), from €47,091 to €44,095
- Financial charges -€516
down €516 (-16.7%), from €3,089 to €2,573
- Other operating charges -€208
down €208 (-34.2%), from €607 to €400
- Gross operating margin +€183
up €183 (+8.4%), from -€2,177 to -€1,994
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 | €19,440 | €23,780 | +€4,340 | +22.3% |
| Current assets | 29/58 | €19,440 | €23,780 | +€4,340 | +22.3% |
| Amounts receivable within one year | 40/41 | €19,351 | €13,365 | -€5,986 | -30.9% |
| Trade receivables | 40 | €19,342 | €13,342 | -€6,000 | -31.0% |
| Other amounts receivable | 41 | €9 | €23 | +€14 | +156% |
| Cash at bank and in hand | 54/58 | €90 | €10,416 | +€10,326 | +11,538% |
| Total equity and liabilities | 10/49 | €19,440 | €23,780 | +€4,340 | +22.3% |
| Equity | 10/15 | -€136,764 | -€141,731 | -€4,967 | -3.6% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €631 | €631 | = | 0.0% |
| Tax-exempt reserves | 132 | €631 | €631 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€157,800 | -€162,767 | -€4,967 | -3.1% |
| Amounts payable | 17/49 | €156,204 | €165,511 | +€9,307 | +6.0% |
| Amounts payable after more than one year | 17 | €8,348 | - | -€8,348 | |
| Financial debts | 170/4 | €8,348 | - | -€8,348 | |
| Amounts payable within one year | 42/48 | €147,747 | €165,443 | +€17,696 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €48,535 | €8,348 | -€40,187 | -82.8% |
| Financial debts | 43 | €121 | - | -€121 | |
| Credit institutions | 430/8 | €121 | - | -€121 | |
| Trade debts | 44 | €47,091 | €44,095 | -€2,996 | -6.4% |
| Suppliers | 440/4 | €47,091 | €44,095 | -€2,996 | -6.4% |
| Other amounts payable | 47/48 | €52,000 | €113,000 | +€61,000 | +117% |
| Accrued charges and deferred income | 492/3 | €109 | €68 | -€41 | -37.7% |
| Other operating charges | 640/8 | €607 | €400 | -€208 | -34.2% |
| Gross operating margin | 9900 | -€2,177 | -€1,994 | +€183 | +8.4% |
| Operating profit (loss) | 9901 | -€2,785 | -€2,394 | +€390 | +14.0% |
| Financial charges | 65/66B | €3,089 | €2,573 | -€516 | -16.7% |
| Recurring financial charges | 65 | €3,089 | €2,573 | -€516 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,874 | -€4,967 | +€907 | +15.4% |
| Profit (loss) for the period | 9904 | -€5,874 | -€4,967 | +€907 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,874 | -€4,967 | +€907 | +15.4% |
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 29 October 2026 via checked.be.