Creleas: 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.
Creleas
Largest movements
- Cash +€32,035
up €32,035 (+23.8%), from €134,831 to €166,866
mainly Net result for the year (+€24,281) and Receivables within one year (+€16,552)
- Receivables within one year -€16,552
down €16,552 (-64.0%), from €25,878 to €9,326
of which Other amounts receivable: -€8,601
- Other debts -€24,282
down €24,282 (-29.7%), from €81,829 to €57,547
- Reserves +€24,281
up €24,281 (+22.4%), from €108,625 to €132,905
- Trade debts +€7,365
up €7,365 (+380.6%), from €1,935 to €9,301
- Tax, wage and social debts +€6,831
up €6,831 (+341.6%), from €2,000 to €8,831
of which Taxes: +€6,831
- Gross operating margin +€28,315
up €28,315 (+111.7%), from €25,360 to €53,675
- Taxes +€9,832
up €9,832 (+452.7%), from €2,172 to €12,004
- Depreciation +€4,092
up €4,092 (+52.3%), from €7,831 to €11,923
- Financial charges -€1,136
down €1,136 (-19.1%), from €5,959 to €4,823
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
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 | €212,989 | €227,185 | +€14,195 | +6.7% |
| Fixed assets | 21/28 | €34,711 | €32,620 | -€2,091 | -6.0% |
| Tangible fixed assets | 22/27 | €34,711 | €32,620 | -€2,091 | -6.0% |
| Plant, machinery and equipment | 23 | €6,034 | €3,550 | -€2,483 | -41.2% |
| Furniture and vehicles | 24 | €28,678 | €29,070 | +€392 | +1.4% |
| Current assets | 29/58 | €178,278 | €194,565 | +€16,287 | +9.1% |
| Amounts receivable within one year | 40/41 | €25,878 | €9,326 | -€16,552 | -64.0% |
| Trade receivables | 40 | €17,277 | €9,326 | -€7,951 | -46.0% |
| Other amounts receivable | 41 | €8,601 | - | -€8,601 | |
| Current investments | 50/53 | €10,275 | €12,375 | +€2,100 | +20.4% |
| Cash at bank and in hand | 54/58 | €134,831 | €166,866 | +€32,035 | +23.8% |
| Deferred charges and accrued income | 490/1 | €7,293 | €5,998 | -€1,296 | -17.8% |
| Total equity and liabilities | 10/49 | €212,989 | €227,185 | +€14,195 | +6.7% |
| Equity | 10/15 | €127,225 | €151,505 | +€24,281 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €108,625 | €132,905 | +€24,281 | +22.4% |
| Distributable reserves | 133 | €108,625 | €132,905 | +€24,281 | +22.4% |
| Amounts payable | 17/49 | €85,765 | €75,679 | -€10,085 | -11.8% |
| Amounts payable within one year | 42/48 | €85,765 | €75,679 | -€10,085 | -11.8% |
| Trade debts | 44 | €1,935 | €9,301 | +€7,365 | +380.6% |
| Suppliers | 440/4 | €1,935 | €9,301 | +€7,365 | +380.6% |
| Taxes, remuneration and social security | 45 | €2,000 | €8,831 | +€6,831 | +341.6% |
| Taxes | 450/3 | - | €6,831 | +€6,831 | |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €81,829 | €57,547 | -€24,282 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,831 | €11,923 | +€4,092 | +52.3% |
| Other operating charges | 640/8 | €662 | €645 | -€16 | -2.5% |
| Gross operating margin | 9900 | €25,360 | €53,675 | +€28,315 | +111.7% |
| Operating profit (loss) | 9901 | €16,868 | €41,107 | +€24,239 | +143.7% |
| Financial charges | 65/66B | €5,959 | €4,823 | -€1,136 | -19.1% |
| Recurring financial charges | 65 | €5,959 | €4,823 | -€1,136 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €10,909 | €36,284 | +€25,376 | +232.6% |
| Income taxes | 67/77 | €2,172 | €12,004 | +€9,832 | +452.7% |
| Profit (loss) for the period | 9904 | €8,737 | €24,281 | +€15,544 | +177.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,737 | €24,281 | +€15,544 | +177.9% |
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 12 October 2026 via checked.be.