CREAXIONS: 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.
CREAXIONS
Largest movements
- Tangible fixed assets -€21,916
down €21,916 (-8.7%), from €250,879 to €228,963
of which Other tangible fixed assets: -€11,041
- Cash -€19,386
down €19,386 (-25.4%), from €76,308 to €56,922
mainly Contributions, distributions and other (-€31,450) and Net result for the year (-€9,659)
- Receivables within one year -€3,715
down €3,715 (-21.3%), from €17,418 to €13,703
of which Trade receivables: -€6,593
- Reserves -€41,109
down €41,109 (-36.2%), from €113,409 to €72,300
- Debts after one year -€6,611
down €6,611 (-11.4%), from €58,238 to €51,627
- Tax, wage and social debts -€6,557
down €6,557 (-95.6%), from €6,857 to €300
of which Taxes: -€6,557
- Other debts +€4,617
up €4,617 (+127%), from €3,634 to €8,251
- Gross operating margin -€14,094
down €14,094 (-43.3%), from €32,560 to €18,466
- Taxes -€2,560
down €2,560 (-95.1%), from €2,691 to €131
- Depreciation -€1,776
down €1,776 (-7.5%), from €23,692 to €21,916
- Other operating charges -€1,747
down €1,747 (-33.0%), from €5,286 to €3,539
- Financial charges -€579
down €579 (-16.1%), from €3,592 to €3,014
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 | €352,822 | €304,083 | -€48,739 | -13.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €250,879 | €228,963 | -€21,916 | -8.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €250,879 | €228,963 | -€21,916 | -8.7% |
| Land and buildings | 22 | €181,710 | €174,448 | -€7,261 | -4.0% |
| Furniture and vehicles | 24 | €5,592 | €1,979 | -€3,613 | -64.6% |
| Other tangible fixed assets | 26 | €63,577 | €52,536 | -€11,041 | -17.4% |
| Current assets | 29/58 | €101,943 | €75,120 | -€26,823 | -26.3% |
| Amounts receivable after more than one year | 29 | €6,500 | €3,000 | -€3,500 | -53.8% |
| Other amounts receivable | 291 | €6,500 | €3,000 | -€3,500 | -53.8% |
| Amounts receivable within one year | 40/41 | €17,418 | €13,703 | -€3,715 | -21.3% |
| Trade receivables | 40 | €17,418 | €10,826 | -€6,593 | -37.8% |
| Other amounts receivable | 41 | €0 | €2,877 | +€2,877 | |
| Cash at bank and in hand | 54/58 | €76,308 | €56,922 | -€19,386 | -25.4% |
| Deferred charges and accrued income | 490/1 | €1,717 | €1,495 | -€222 | -12.9% |
| Total equity and liabilities | 10/49 | €352,822 | €304,083 | -€48,739 | -13.8% |
| Equity | 10/15 | €274,944 | €233,835 | -€41,109 | -15.0% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Revaluation surpluses | 12 | €140,635 | €140,635 | = | 0.0% |
| Reserves | 13 | €113,409 | €72,300 | -€41,109 | -36.2% |
| Distributable reserves | 133 | €113,409 | €72,300 | -€41,109 | -36.2% |
| Amounts payable | 17/49 | €77,878 | €70,248 | -€7,630 | -9.8% |
| Amounts payable after more than one year | 17 | €58,238 | €51,627 | -€6,611 | -11.4% |
| Financial debts | 170/4 | €58,238 | €51,627 | -€6,611 | -11.4% |
| Amounts payable within one year | 42/48 | €19,640 | €18,440 | -€1,200 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €6,372 | €7,151 | +€780 | +12.2% |
| Trade debts | 44 | €2,777 | €2,737 | -€39 | -1.4% |
| Suppliers | 440/4 | €2,777 | €2,737 | -€39 | -1.4% |
| Taxes, remuneration and social security | 45 | €6,857 | €300 | -€6,557 | -95.6% |
| Taxes | 450/3 | €6,857 | €300 | -€6,557 | -95.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €3,634 | €8,251 | +€4,617 | +127% |
| Accrued charges and deferred income | 492/3 | - | €181 | +€181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,692 | €21,916 | -€1,776 | -7.5% |
| Other operating charges | 640/8 | €5,286 | €3,539 | -€1,747 | -33.0% |
| Gross operating margin | 9900 | €32,560 | €18,466 | -€14,094 | -43.3% |
| Operating profit (loss) | 9901 | €3,583 | -€6,989 | -€10,572 | |
| Financial income | 75/76B | €178 | €475 | +€297 | +167% |
| Recurring financial income | 75 | €178 | €475 | +€297 | +167% |
| Financial charges | 65/66B | €3,592 | €3,014 | -€579 | -16.1% |
| Recurring financial charges | 65 | €3,592 | €3,014 | -€579 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €168 | -€9,528 | -€9,696 | |
| Income taxes | 67/77 | €2,691 | €131 | -€2,560 | -95.1% |
| Profit (loss) for the period | 9904 | -€2,522 | -€9,659 | -€7,136 | -283% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,522 | -€9,659 | -€7,136 | -283% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.