CREOBIZ: 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.
CREOBIZ
Largest movements
- Cash -€108,346
down €108,346 (-62.2%), from €174,223 to €65,877
mainly Contributions, distributions and other (-€156,825) and Debts after one year (-€23,696)
- Tangible fixed assets -€25,454
down €25,454 (-9.3%), from €272,946 to €247,492
of which Land and buildings: -€18,676
- Receivables after one year -€21,864
down €21,864 (-37.8%), from €57,864 to €36,000
- Receivables within one year -€7,744
down €7,744 (-11.2%), from €69,099 to €61,355
of which Other amounts receivable: -€30,420
- Reserves -€135,161
down €135,161 (-37.6%), from €359,342 to €224,181
of which Distributable reserves: -€135,161
- Debts after one year -€23,696
down €23,696 (-13.9%), from €171,090 to €147,394
- Tax, wage and social debts -€10,435
down €10,435 (-32.2%), from €32,386 to €21,951
- Gross operating margin -€58,005
down €58,005 (-45.9%), from €126,296 to €68,291
- Taxes -€18,394
down €18,394 (-64.5%), from €28,510 to €10,116
- Financial income -€3,201
down €3,201 (-68.8%), from €4,650 to €1,449
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 | €589,371 | €425,069 | -€164,302 | -27.9% |
| Fixed assets | 21/28 | €272,946 | €247,492 | -€25,454 | -9.3% |
| Tangible fixed assets | 22/27 | €272,946 | €247,492 | -€25,454 | -9.3% |
| Land and buildings | 22 | €260,269 | €241,593 | -€18,676 | -7.2% |
| Plant, machinery and equipment | 23 | €906 | €0 | -€906 | -100.0% |
| Furniture and vehicles | 24 | €11,771 | €5,899 | -€5,872 | -49.9% |
| Current assets | 29/58 | €316,425 | €177,577 | -€138,848 | -43.9% |
| Amounts receivable after more than one year | 29 | €57,864 | €36,000 | -€21,864 | -37.8% |
| Other amounts receivable | 291 | €57,864 | €36,000 | -€21,864 | -37.8% |
| Stocks and contracts in progress | 3 | €13,455 | €13,396 | -€60 | -0.4% |
| Stocks | 30/36 | €13,455 | €13,396 | -€60 | -0.4% |
| Amounts receivable within one year | 40/41 | €69,099 | €61,355 | -€7,744 | -11.2% |
| Trade receivables | 40 | €23,650 | €46,326 | +€22,676 | +95.9% |
| Other amounts receivable | 41 | €45,449 | €15,029 | -€30,420 | -66.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €174,223 | €65,877 | -€108,346 | -62.2% |
| Deferred charges and accrued income | 490/1 | €1,783 | €949 | -€834 | -46.8% |
| Total equity and liabilities | 10/49 | €589,371 | €425,069 | -€164,302 | -27.9% |
| Equity | 10/15 | €359,342 | €224,181 | -€135,161 | -37.6% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €359,342 | €224,181 | -€135,161 | -37.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,458 | €1,458 | = | 0.0% |
| Distributable reserves | 133 | €357,884 | €222,723 | -€135,161 | -37.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €230,029 | €200,888 | -€29,141 | -12.7% |
| Amounts payable after more than one year | 17 | €171,090 | €147,394 | -€23,696 | -13.9% |
| Financial debts | 170/4 | €171,090 | €147,394 | -€23,696 | -13.9% |
| Amounts payable within one year | 42/48 | €58,939 | €53,494 | -€5,445 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €22,942 | €24,086 | +€1,143 | +5.0% |
| Financial debts | 43 | €266 | €0 | -€266 | -100.0% |
| Credit institutions | 430/8 | €266 | €0 | -€266 | -100.0% |
| Trade debts | 44 | €2,304 | €3,522 | +€1,218 | +52.9% |
| Suppliers | 440/4 | €2,304 | €3,522 | +€1,218 | +52.9% |
| Taxes, remuneration and social security | 45 | €32,386 | €21,951 | -€10,435 | -32.2% |
| Taxes | 450/3 | €32,386 | €21,951 | -€10,435 | -32.2% |
| Other amounts payable | 47/48 | €1,040 | €3,935 | +€2,895 | +278.4% |
| Non-recurring operating income | 76A | - | €5,800 | +€5,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,723 | €25,454 | -€269 | -1.0% |
| Other operating charges | 640/8 | €3,914 | €3,258 | -€656 | -16.8% |
| Non-recurring operating charges | 66A | €296 | €0 | -€296 | -100.0% |
| Gross operating margin | 9900 | €126,296 | €68,291 | -€58,005 | -45.9% |
| Operating profit (loss) | 9901 | €96,364 | €39,580 | -€56,784 | -58.9% |
| Financial income | 75/76B | €4,650 | €1,449 | -€3,201 | -68.8% |
| Recurring financial income | 75 | €4,650 | €1,449 | -€3,201 | -68.8% |
| Financial charges | 65/66B | €8,533 | €9,248 | +€716 | +8.4% |
| Recurring financial charges | 65 | €8,533 | €9,248 | +€716 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €92,481 | €31,780 | -€60,701 | -65.6% |
| Income taxes | 67/77 | €28,510 | €10,116 | -€18,394 | -64.5% |
| Profit (loss) for the period | 9904 | €63,970 | €21,664 | -€42,306 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,970 | €21,664 | -€42,306 | -66.1% |
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 8 October 2026 via checked.be.