CREOLABO: 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.
CREOLABO
Largest movements
- Receivables within one year -€13,855
down €13,855 (-50.9%), from €27,225 to €13,371
- Cash -€11,149
down €11,149 (-10.7%), from €104,467 to €93,318
mainly Contributions, distributions and other (-€110,000) and Tax, wage and social debts (-€3,996)
- Tangible fixed assets -€3,538
down €3,538 (-35.7%), from €9,917 to €6,379
of which Furniture and vehicles: -€2,933
- Profit (loss) carried forward -€92,291
down €92,291 (-80.5%), from €114,613 to €22,323
- Other debts +€68,062
up €68,062 (+3,421%), from €1,989 to €70,052
- Tax, wage and social debts -€3,996
down €3,996 (-19.5%), from €20,444 to €16,449
- Gross operating margin -€30,176
down €30,176 (-49.6%), from €60,823 to €30,647
- Taxes -€4,771
down €4,771 (-39.0%), from €12,240 to €7,469
- Depreciation -€990
down €990 (-20.8%), from €4,761 to €3,771
- Financial charges -€725
down €725 (-34.0%), from €2,135 to €1,410
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 | €142,025 | €113,141 | -€28,884 | -20.3% |
| Formation expenses | 20 | €232 | - | -€232 | |
| Fixed assets | 21/28 | €9,917 | €6,379 | -€3,538 | -35.7% |
| Tangible fixed assets | 22/27 | €9,917 | €6,379 | -€3,538 | -35.7% |
| Furniture and vehicles | 24 | €6,040 | €3,107 | -€2,933 | -48.6% |
| Other tangible fixed assets | 26 | €3,877 | €3,272 | -€605 | -15.6% |
| Current assets | 29/58 | €131,875 | €106,762 | -€25,113 | -19.0% |
| Amounts receivable within one year | 40/41 | €27,225 | €13,371 | -€13,855 | -50.9% |
| Trade receivables | 40 | €27,225 | €13,371 | -€13,855 | -50.9% |
| Cash at bank and in hand | 54/58 | €104,467 | €93,318 | -€11,149 | -10.7% |
| Deferred charges and accrued income | 490/1 | €184 | €74 | -€110 | -59.9% |
| Total equity and liabilities | 10/49 | €142,025 | €113,141 | -€28,884 | -20.3% |
| Equity | 10/15 | €117,613 | €25,323 | -€92,291 | -78.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,613 | €22,323 | -€92,291 | -80.5% |
| Amounts payable | 17/49 | €24,412 | €87,818 | +€63,407 | +260% |
| Amounts payable within one year | 42/48 | €24,412 | €87,818 | +€63,407 | +260% |
| Trade debts | 44 | €1,978 | €1,318 | -€660 | -33.4% |
| Suppliers | 440/4 | €1,978 | €1,318 | -€660 | -33.4% |
| Taxes, remuneration and social security | 45 | €20,444 | €16,449 | -€3,996 | -19.5% |
| Taxes | 450/3 | €20,444 | €16,449 | -€3,996 | -19.5% |
| Other amounts payable | 47/48 | €1,989 | €70,052 | +€68,062 | +3,421% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,761 | €3,771 | -€990 | -20.8% |
| Other operating charges | 640/8 | €406 | €293 | -€113 | -27.9% |
| Gross operating margin | 9900 | €60,823 | €30,647 | -€30,176 | -49.6% |
| Operating profit (loss) | 9901 | €55,657 | €26,584 | -€29,073 | -52.2% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,135 | €1,410 | -€725 | -34.0% |
| Recurring financial charges | 65 | €2,135 | €1,410 | -€725 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €53,522 | €25,178 | -€28,343 | -53.0% |
| Income taxes | 67/77 | €12,240 | €7,469 | -€4,771 | -39.0% |
| Profit (loss) for the period | 9904 | €41,281 | €17,709 | -€23,572 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,281 | €17,709 | -€23,572 | -57.1% |
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 14 October 2026 via checked.be.