CREON-ONLINE: 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.
What changed
CREON-ONLINE
NACE 46.839, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€960,245
2024 · €576,954+€383,290
Equity
€5.6m
2024 · €5.5m+€80,245
Cash
€87,207
2024 · €134,733-€47,526
Balance sheet total
€5.7m
2024 · €5.6m+€42,432
Largest movements
Assets
- Receivables within one year +€95,761
up €95,761 (+546%), from €17,528 to €113,289
of which Other amounts receivable: +€94,985
Equity and liabilities
- Reserves +€80,245
up €80,245 (+1.6%), from €5.1m to €5.2m
of which Distributable reserves: +€80,245
Income statement
- Financial income +€355,252
up €355,252 (+67.7%), from €525,003 to €880,254
- Turnover -€201,843
down €201,843 (-17.8%), from €1.1m to €929,138
- Goods and materials -€159,751
down €159,751 (-20.4%), from €781,612 to €621,861
- Services and other goods -€81,144
down €81,144 (-30.1%), from €269,756 to €188,612
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.
Result 2024
€576,954
Turnover
-€201,843
Other operating income
+€157
Goods and materials
+€159,751
Services and other goods
+€81,144
Other operating charges
-€1,361
Financial income
+€355,252
Financial charges
-€280
Taxes
-€9,528
Result 2025
€960,245
raises the resultlowers the result
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.
From operations
+€836,224
Investment
-€3,750
Financing
-€880,000
Cash 2024
€134,733
From operations (derived)
+€836,224
Net result for the year
+€960,245
Depreciation
+€10,002
Receivables within one year
-€95,761
Smaller working-capital items
+€1,922
Trade debts
-€46,586
Tax, wage and social debts
-€14,165
Accrued charges and deferred income
+€20,567
Investment (derived)
-€3,750
Investment in fixed assets (net)
-€3,750
Financing
-€880,000
Contributions, distributions and other
-€880,000
Cash 2025
€87,207
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,620,573 | €5,663,005 | +€42,432 | +0.8% |
| Fixed assets | 21/28 | €3,263,109 | €3,256,857 | -€6,252 | -0.2% |
| Tangible fixed assets | 22/27 | €26,687 | €16,685 | -€10,002 | -37.5% |
| Furniture and vehicles | 24 | €25,693 | €16,470 | -€9,224 | -35.9% |
| Other tangible fixed assets | 26 | €994 | €215 | -€779 | -78.4% |
| Financial fixed assets | 28 | €3,236,422 | €3,240,172 | +€3,750 | +0.1% |
| Affiliated companies | 280/1 | €3,236,422 | €3,236,422 | = | 0.0% |
| Participating interests | 280 | €3,236,422 | €3,236,422 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €3,750 | +€3,750 | |
| Amounts receivable and cash guarantees | 285/8 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €2,357,464 | €2,406,148 | +€48,685 | +2.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €17,528 | €113,289 | +€95,761 | +546% |
| Trade receivables | 40 | €17,012 | €17,789 | +€776 | +4.6% |
| Other amounts receivable | 41 | €515 | €95,500 | +€94,985 | +18,429% |
| Current investments | 50/53 | €2,200,000 | €2,200,000 | = | 0.0% |
| Own shares | 50 | €2,200,000 | €2,200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,733 | €87,207 | -€47,526 | -35.3% |
| Deferred charges and accrued income | 490/1 | €5,203 | €5,653 | +€450 | +8.6% |
| Total equity and liabilities | 10/49 | €5,620,573 | €5,663,005 | +€42,432 | +0.8% |
| Equity | 10/15 | €5,494,460 | €5,574,705 | +€80,245 | +1.5% |
| Contributions | 10/11 | €418,600 | €418,600 | = | 0.0% |
| Reserves | 13 | €5,075,860 | €5,156,105 | +€80,245 | +1.6% |
| Non-distributable reserves | 130/1 | €2,200,000 | €2,200,000 | = | 0.0% |
| Own shares acquired | 1312 | €2,200,000 | €2,200,000 | = | 0.0% |
| Distributable reserves | 133 | €2,875,860 | €2,956,105 | +€80,245 | +2.8% |
| Amounts payable | 17/49 | €126,113 | €88,301 | -€37,813 | -30.0% |
| Amounts payable within one year | 42/48 | €125,134 | €66,755 | -€58,379 | -46.7% |
| Trade debts | 44 | €59,343 | €12,757 | -€46,586 | -78.5% |
| Suppliers | 440/4 | €59,343 | €12,757 | -€46,586 | -78.5% |
| Advances received on contracts in progress | 46 | €17,113 | €19,485 | +€2,372 | +13.9% |
| Taxes, remuneration and social security | 45 | €48,678 | €34,513 | -€14,165 | -29.1% |
| Taxes | 450/3 | €48,678 | €34,513 | -€14,165 | -29.1% |
| Accrued charges and deferred income | 492/3 | €979 | €21,546 | +€20,567 | +2,100% |
| Operating income | 70/76A | €1,133,350 | €931,664 | -€201,687 | -17.8% |
| Turnover | 70 | €1,130,981 | €929,138 | -€201,843 | -17.8% |
| Other operating income | 74 | €2,369 | €2,526 | +€157 | +6.6% |
| Operating charges | 60/66A | €1,062,477 | €822,944 | -€239,533 | -22.5% |
| Goods for resale, raw materials and consumables | 60 | €781,612 | €621,861 | -€159,751 | -20.4% |
| Purchases | 600/8 | €781,612 | €621,861 | -€159,751 | -20.4% |
| Services and other goods | 61 | €269,756 | €188,612 | -€81,144 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,002 | €10,002 | = | 0.0% |
| Other operating charges | 640/8 | €1,107 | €2,469 | +€1,361 | +123% |
| Operating profit (loss) | 9901 | €70,873 | €108,720 | +€37,847 | +53.4% |
| Financial income | 75/76B | €525,003 | €880,254 | +€355,252 | +67.7% |
| Recurring financial income | 75 | €525,003 | €880,254 | +€355,252 | +67.7% |
| Income from financial fixed assets | 750 | €525,000 | €880,000 | +€355,000 | +67.6% |
| Income from current assets | 751 | €0 | €254 | +€254 | |
| Other financial income | 752/9 | €3 | €0 | -€3 | -99.6% |
| Financial charges | 65/66B | €1,390 | €1,670 | +€280 | +20.1% |
| Recurring financial charges | 65 | €1,390 | €1,670 | +€280 | +20.1% |
| Debt charges | 650 | €288 | €1,669 | +€1,381 | +480% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €1,102 | €0 | -€1,102 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €594,486 | €987,305 | +€392,819 | +66.1% |
| Income taxes | 67/77 | €17,532 | €27,060 | +€9,528 | +54.3% |
| Taxes | 670/3 | €17,532 | €27,060 | +€9,528 | +54.3% |
| Profit (loss) for the period | 9904 | €576,954 | €960,245 | +€383,290 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €576,954 | €960,245 | +€383,290 | +66.4% |
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 31 October 2026 via checked.be.