CREOTRONICS: 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.
CREOTRONICS
Largest movements
- Cash -€48,464
down €48,464 (-60.1%), from €80,674 to €32,210
mainly Other debts (-€31,234) and Receivables within one year (-€14,380)
- Receivables within one year +€14,380
up €14,380 (+114.2%), from €12,596 to €26,976
of which Other amounts receivable: +€15,494
- Deferred charges and accrued income -€9,401
down €9,401 (-76.6%), from €12,267 to €2,865
- Tangible fixed assets -€3,718
down €3,718 (-8.4%), from €44,161 to €40,443
of which Furniture and vehicles: -€8,622
- Other debts -€31,234
down €31,234 (-55.2%), from €56,588 to €25,354
- Debts after one year -€13,461
down €13,461 (-100.0%), from €13,461 to €0
- Current portion of long-term debt +€7,340
up €7,340 (+93.9%), from €7,820 to €15,160
- Tax, wage and social debts -€6,105
down €6,105 (-60.6%), from €10,076 to €3,971
- Profit (loss) carried forward -€2,289
down €2,289 (-11.7%), from €19,524 to €17,235
- Gross operating margin -€54,863
down €54,863 (-77.3%), from €70,959 to €16,097
- Taxes -€13,421
down €13,421 (-96.2%), from €13,946 to €525
- Depreciation +€2,199
up €2,199 (+20.1%), from €10,961 to €13,160
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 | €150,232 | €103,029 | -€47,203 | -31.4% |
| Fixed assets | 21/28 | €44,696 | €40,978 | -€3,718 | -8.3% |
| Tangible fixed assets | 22/27 | €44,161 | €40,443 | -€3,718 | -8.4% |
| Plant, machinery and equipment | 23 | - | €4,904 | +€4,904 | |
| Furniture and vehicles | 24 | €44,161 | €35,539 | -€8,622 | -19.5% |
| Financial fixed assets | 28 | €535 | €535 | = | 0.0% |
| Current assets | 29/58 | €105,536 | €62,052 | -€43,485 | -41.2% |
| Amounts receivable within one year | 40/41 | €12,596 | €26,976 | +€14,380 | +114.2% |
| Trade receivables | 40 | €12,578 | €11,464 | -€1,114 | -8.9% |
| Other amounts receivable | 41 | €18 | €15,512 | +€15,494 | +86752.2% |
| Cash at bank and in hand | 54/58 | €80,674 | €32,210 | -€48,464 | -60.1% |
| Deferred charges and accrued income | 490/1 | €12,267 | €2,865 | -€9,401 | -76.6% |
| Total equity and liabilities | 10/49 | €150,232 | €103,029 | -€47,203 | -31.4% |
| Equity | 10/15 | €60,181 | €57,892 | -€2,289 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,057 | €22,057 | = | 0.0% |
| Distributable reserves | 133 | €22,057 | €22,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,524 | €17,235 | -€2,289 | -11.7% |
| Amounts payable | 17/49 | €90,052 | €45,137 | -€44,915 | -49.9% |
| Amounts payable after more than one year | 17 | €13,461 | €0 | -€13,461 | -100.0% |
| Financial debts | 170/4 | €13,461 | €0 | -€13,461 | -100.0% |
| Amounts payable within one year | 42/48 | €76,591 | €45,137 | -€31,453 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €7,820 | €15,160 | +€7,340 | +93.9% |
| Trade debts | 44 | €2,107 | €652 | -€1,455 | -69.0% |
| Suppliers | 440/4 | €2,107 | €652 | -€1,455 | -69.0% |
| Taxes, remuneration and social security | 45 | €10,076 | €3,971 | -€6,105 | -60.6% |
| Taxes | 450/3 | €10,076 | €3,971 | -€6,105 | -60.6% |
| Other amounts payable | 47/48 | €56,588 | €25,354 | -€31,234 | -55.2% |
| Non-recurring operating income | 76A | €8,500 | - | -€8,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,961 | €13,160 | +€2,199 | +20.1% |
| Other operating charges | 640/8 | €610 | €598 | -€12 | -2.0% |
| Gross operating margin | 9900 | €70,959 | €16,097 | -€54,863 | -77.3% |
| Operating profit (loss) | 9901 | €59,388 | €2,339 | -€57,049 | -96.1% |
| Financial income | 75/76B | €578 | €2 | -€576 | -99.7% |
| Recurring financial income | 75 | €578 | €2 | -€576 | -99.7% |
| Financial charges | 65/66B | €4,439 | €4,104 | -€335 | -7.5% |
| Recurring financial charges | 65 | €4,439 | €4,104 | -€335 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €55,526 | -€1,764 | -€57,290 | |
| Income taxes | 67/77 | €13,946 | €525 | -€13,421 | -96.2% |
| Profit (loss) for the period | 9904 | €41,581 | -€2,289 | -€43,869 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,581 | -€2,289 | -€43,869 |
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.