CREOST: 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.
CREOST
Largest movements
- Current investments +€50,878
up €50,878 (+127.2%), from €40,000 to €90,878
- Cash +€7,200
up €7,200 (+13.8%), from €52,174 to €59,373
mainly Net result for the year (+€60,041) and Depreciation (+€4,607)
- Profit (loss) carried forward +€60,041
up €60,041 (+67.7%), from €88,746 to €148,787
- Trade debts -€6,173
down €6,173 (-77.6%), from €7,958 to €1,785
- Other debts +€2,410
up €2,410 (+34.1%), from €7,077 to €9,486
- Tax, wage and social debts +€2,133
up €2,133 (+16.7%), from €12,751 to €14,884
- Gross operating margin +€15,769
up €15,769 (+24.8%), from €63,679 to €79,448
- Taxes +€3,024
up €3,024 (+24.7%), from €12,254 to €15,278
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 | €121,773 | €180,203 | +€58,429 | +48.0% |
| Fixed assets | 21/28 | €26,380 | €25,711 | -€669 | -2.5% |
| Tangible fixed assets | 22/27 | €26,380 | €25,711 | -€669 | -2.5% |
| Plant, machinery and equipment | 23 | €17,991 | €17,886 | -€105 | -0.6% |
| Furniture and vehicles | 24 | €5,654 | €5,446 | -€208 | -3.7% |
| Other tangible fixed assets | 26 | €2,735 | €2,379 | -€356 | -13.0% |
| Current assets | 29/58 | €95,393 | €154,491 | +€59,098 | +62.0% |
| Stocks and contracts in progress | 3 | €1,558 | €2,127 | +€569 | +36.5% |
| Stocks | 30/36 | €1,558 | €2,127 | +€569 | +36.5% |
| Amounts receivable within one year | 40/41 | €285 | €425 | +€140 | +49.0% |
| Trade receivables | 40 | - | €205 | +€205 | |
| Other amounts receivable | 41 | €285 | €219 | -€66 | -23.0% |
| Current investments | 50/53 | €40,000 | €90,878 | +€50,878 | +127.2% |
| Cash at bank and in hand | 54/58 | €52,174 | €59,373 | +€7,200 | +13.8% |
| Deferred charges and accrued income | 490/1 | €1,377 | €1,688 | +€312 | +22.6% |
| Total equity and liabilities | 10/49 | €121,773 | €180,203 | +€58,429 | +48.0% |
| Equity | 10/15 | €93,746 | €153,787 | +€60,041 | +64.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,746 | €148,787 | +€60,041 | +67.7% |
| Amounts payable | 17/49 | €28,027 | €26,416 | -€1,611 | -5.7% |
| Amounts payable within one year | 42/48 | €27,786 | €26,156 | -€1,630 | -5.9% |
| Trade debts | 44 | €7,958 | €1,785 | -€6,173 | -77.6% |
| Suppliers | 440/4 | €7,958 | €1,785 | -€6,173 | -77.6% |
| Taxes, remuneration and social security | 45 | €12,751 | €14,884 | +€2,133 | +16.7% |
| Taxes | 450/3 | €12,751 | €14,884 | +€2,133 | +16.7% |
| Other amounts payable | 47/48 | €7,077 | €9,486 | +€2,410 | +34.1% |
| Accrued charges and deferred income | 492/3 | €241 | €260 | +€19 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,880 | €4,607 | +€727 | +18.7% |
| Other operating charges | 640/8 | €350 | €760 | +€409 | +116.7% |
| Gross operating margin | 9900 | €63,679 | €79,448 | +€15,769 | +24.8% |
| Operating profit (loss) | 9901 | €59,449 | €74,081 | +€14,633 | +24.6% |
| Financial income | 75/76B | €830 | €1,323 | +€493 | +59.4% |
| Recurring financial income | 75 | €830 | €1,323 | +€493 | +59.4% |
| Financial charges | 65/66B | €62 | €86 | +€24 | +39.0% |
| Recurring financial charges | 65 | €62 | €86 | +€24 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €60,217 | €75,319 | +€15,101 | +25.1% |
| Income taxes | 67/77 | €12,254 | €15,278 | +€3,024 | +24.7% |
| Profit (loss) for the period | 9904 | €47,963 | €60,041 | +€12,077 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,963 | €60,041 | +€12,077 | +25.2% |
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.