GROUP CREA +: 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.
GROUP CREA +
Largest movements
- Receivables within one year -€6,293
down €6,293 (-48.9%), from €12,868 to €6,575
of which Other amounts receivable: -€4,258
- Cash +€2,828
new in 2022: €2,828
mainly Receivables within one year (+€6,293) and Depreciation (+€2,050)
- Tangible fixed assets -€2,050
down €2,050 (-20.9%), from €9,794 to €7,744
of which Furniture and vehicles: -€1,494
- Profit (loss) carried forward -€2,776
down €2,776 (-125%), from -€2,225 to -€5,001
- Trade debts -€2,560
down €2,560 (-48.4%), from €5,284 to €2,724
- Short-term financial debts -€269
no longer reported in 2022 (was €269)
- Other debts +€267
up €267 (+37.4%), from €714 to €981
- Gross operating margin +€10,748
up €10,748, from -€7,997 to €2,751
- Other operating charges +€2,191
up €2,191 (+211%), from €1,038 to €3,229
- Financial income -€854
down €854 (-68.3%), from €1,252 to €397
- Depreciation +€574
up €574 (+38.9%), from €1,476 to €2,050
- Financial charges +€174
up €174 (+37.0%), from €471 to €645
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,822 | €17,304 | -€5,518 | -24.2% |
| Fixed assets | 21/28 | €9,794 | €7,744 | -€2,050 | -20.9% |
| Tangible fixed assets | 22/27 | €9,794 | €7,744 | -€2,050 | -20.9% |
| Plant, machinery and equipment | 23 | €3,137 | €2,581 | -€555 | -17.7% |
| Furniture and vehicles | 24 | €6,657 | €5,163 | -€1,494 | -22.4% |
| Current assets | 29/58 | €13,028 | €9,559 | -€3,468 | -26.6% |
| Amounts receivable within one year | 40/41 | €12,868 | €6,575 | -€6,293 | -48.9% |
| Trade receivables | 40 | €7,660 | €5,625 | -€2,035 | -26.6% |
| Other amounts receivable | 41 | €5,208 | €950 | -€4,258 | -81.8% |
| Cash at bank and in hand | 54/58 | - | €2,828 | +€2,828 | |
| Deferred charges and accrued income | 490/1 | €160 | €156 | -€4 | -2.3% |
| Total equity and liabilities | 10/49 | €22,822 | €17,304 | -€5,518 | -24.2% |
| Equity | 10/15 | €16,375 | €13,599 | -€2,776 | -17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,225 | -€5,001 | -€2,776 | -125% |
| Amounts payable | 17/49 | €6,447 | €3,705 | -€2,742 | -42.5% |
| Amounts payable within one year | 42/48 | €6,447 | €3,705 | -€2,742 | -42.5% |
| Financial debts | 43 | €269 | - | -€269 | |
| Credit institutions | 430/8 | €269 | - | -€269 | |
| Trade debts | 44 | €5,284 | €2,724 | -€2,560 | -48.4% |
| Suppliers | 440/4 | €5,284 | €2,724 | -€2,560 | -48.4% |
| Taxes, remuneration and social security | 45 | €180 | - | -€180 | |
| Taxes | 450/3 | €180 | - | -€180 | |
| Other amounts payable | 47/48 | €714 | €981 | +€267 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,476 | €2,050 | +€574 | +38.9% |
| Other operating charges | 640/8 | €1,038 | €3,229 | +€2,191 | +211% |
| Non-recurring operating charges | 66A | €463 | - | -€463 | |
| Gross operating margin | 9900 | -€7,997 | €2,751 | +€10,748 | |
| Operating profit (loss) | 9901 | -€10,974 | -€2,528 | +€8,446 | +77.0% |
| Financial income | 75/76B | €1,252 | €397 | -€854 | -68.3% |
| Recurring financial income | 75 | €1,252 | €397 | -€854 | -68.3% |
| Financial charges | 65/66B | €471 | €645 | +€174 | +37.0% |
| Recurring financial charges | 65 | €471 | €645 | +€174 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,194 | -€2,776 | +€7,418 | +72.8% |
| Profit (loss) for the period | 9904 | -€10,194 | -€2,776 | +€7,418 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,194 | -€2,776 | +€7,418 | +72.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.