IcreateR: 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.
IcreateR
Largest movements
- Cash +€38,744
up €38,744 (+74.1%), from €52,263 to €91,007
mainly Net result for the year (+€47,168) and Depreciation (+€10,464)
- Tangible fixed assets -€7,245
down €7,245 (-18.9%), from €38,355 to €31,110
of which Furniture and vehicles: -€9,533
- Receivables within one year +€5,370
up €5,370 (+43.0%), from €12,494 to €17,863
of which Other amounts receivable: +€6,706
- Reserves +€47,168
up €47,168 (+83.1%), from €56,774 to €103,942
- Debts after one year -€8,000
down €8,000 (-25.0%), from €32,000 to €24,000
- Tax, wage and social debts -€2,346
down €2,346 (-100%), from €2,346 to €0
- Depreciation +€8,075
up €8,075 (+338%), from €2,389 to €10,464
- Gross operating margin -€2,945
down €2,945 (-3.9%), from €74,678 to €71,733
- Taxes -€2,025
down €2,025 (-14.2%), from €14,297 to €12,272
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 | €103,736 | €141,180 | +€37,444 | +36.1% |
| Fixed assets | 21/28 | €38,605 | €31,360 | -€7,245 | -18.8% |
| Tangible fixed assets | 22/27 | €38,355 | €31,110 | -€7,245 | -18.9% |
| Plant, machinery and equipment | 23 | - | €2,288 | +€2,288 | |
| Furniture and vehicles | 24 | €38,355 | €28,822 | -€9,533 | -24.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €65,131 | €109,819 | +€44,689 | +68.6% |
| Amounts receivable within one year | 40/41 | €12,494 | €17,863 | +€5,370 | +43.0% |
| Trade receivables | 40 | €9,750 | €8,414 | -€1,336 | -13.7% |
| Other amounts receivable | 41 | €2,743 | €9,449 | +€6,706 | +244% |
| Cash at bank and in hand | 54/58 | €52,263 | €91,007 | +€38,744 | +74.1% |
| Deferred charges and accrued income | 490/1 | €374 | €949 | +€576 | +154% |
| Total equity and liabilities | 10/49 | €103,736 | €141,180 | +€37,444 | +36.1% |
| Equity | 10/15 | €59,274 | €106,442 | +€47,168 | +79.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €56,774 | €103,942 | +€47,168 | +83.1% |
| Distributable reserves | 133 | €56,774 | €103,942 | +€47,168 | +83.1% |
| Amounts payable | 17/49 | €44,461 | €34,738 | -€9,724 | -21.9% |
| Amounts payable after more than one year | 17 | €32,000 | €24,000 | -€8,000 | -25.0% |
| Financial debts | 170/4 | €32,000 | €24,000 | -€8,000 | -25.0% |
| Amounts payable within one year | 42/48 | €12,461 | €10,338 | -€2,123 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €8,000 | = | 0.0% |
| Trade debts | 44 | €418 | €641 | +€223 | +53.3% |
| Suppliers | 440/4 | €418 | €641 | +€223 | +53.3% |
| Taxes, remuneration and social security | 45 | €2,346 | €0 | -€2,346 | -100% |
| Taxes | 450/3 | €2,346 | €0 | -€2,346 | -100% |
| Other amounts payable | 47/48 | €1,697 | €1,697 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,389 | €10,464 | +€8,075 | +338% |
| Other operating charges | 640/8 | €1,079 | €1,252 | +€173 | +16.0% |
| Gross operating margin | 9900 | €74,678 | €71,733 | -€2,945 | -3.9% |
| Operating profit (loss) | 9901 | €71,211 | €60,017 | -€11,194 | -15.7% |
| Financial income | 75/76B | - | €110 | +€110 | |
| Recurring financial income | 75 | - | €110 | +€110 | |
| Financial charges | 65/66B | €139 | €687 | +€548 | +393% |
| Recurring financial charges | 65 | €139 | €687 | +€548 | +393% |
| Profit (loss) for the period before taxes | 9903 | €71,071 | €59,440 | -€11,631 | -16.4% |
| Income taxes | 67/77 | €14,297 | €12,272 | -€2,025 | -14.2% |
| Profit (loss) for the period | 9904 | €56,774 | €47,168 | -€9,607 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,774 | €47,168 | -€9,607 | -16.9% |
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 21 October 2026 via checked.be.