IL CREATO: 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.
IL CREATO
Largest movements
- Cash -€25,219
down €25,219 (-70.4%), from €35,820 to €10,601
mainly Other debts (-€30,479) and Tax, wage and social debts (-€11,069)
- Receivables within one year -€6,471
down €6,471 (-48.7%), from €13,295 to €6,824
of which Trade receivables: -€12,705
- Tangible fixed assets -€4,668
down €4,668 (-39.3%), from €11,884 to €7,216
of which Furniture and vehicles: -€3,212
- Deferred charges and accrued income -€2,663
no longer reported in 2025 (was €2,663)
- Other debts -€30,479
down €30,479 (-98.9%), from €30,810 to €331
- Tax, wage and social debts -€11,069
no longer reported in 2025 (was €11,069)
- Profit (loss) carried forward +€2,982
up €2,982 (+345.5%), from €863 to €3,845
- Gross operating margin -€41,432
down €41,432 (-80.2%), from €51,679 to €10,247
- Taxes -€8,562
down €8,562 (-86.4%), from €9,910 to €1,348
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 | €63,662 | €24,641 | -€39,020 | -61.3% |
| Fixed assets | 21/28 | €11,884 | €7,216 | -€4,668 | -39.3% |
| Tangible fixed assets | 22/27 | €11,884 | €7,216 | -€4,668 | -39.3% |
| Furniture and vehicles | 24 | €5,990 | €2,778 | -€3,212 | -53.6% |
| Other tangible fixed assets | 26 | €5,894 | €4,438 | -€1,456 | -24.7% |
| Current assets | 29/58 | €51,778 | €17,425 | -€34,353 | -66.3% |
| Amounts receivable within one year | 40/41 | €13,295 | €6,824 | -€6,471 | -48.7% |
| Trade receivables | 40 | €12,705 | €0 | -€12,705 | -100.0% |
| Other amounts receivable | 41 | €590 | €6,824 | +€6,234 | +1055.9% |
| Cash at bank and in hand | 54/58 | €35,820 | €10,601 | -€25,219 | -70.4% |
| Deferred charges and accrued income | 490/1 | €2,663 | - | -€2,663 | |
| Total equity and liabilities | 10/49 | €63,662 | €24,641 | -€39,020 | -61.3% |
| Equity | 10/15 | €21,268 | €24,250 | +€2,982 | +14.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €863 | €3,845 | +€2,982 | +345.5% |
| Amounts payable | 17/49 | €42,394 | €391 | -€42,002 | -99.1% |
| Amounts payable within one year | 42/48 | €42,394 | €391 | -€42,002 | -99.1% |
| Trade debts | 44 | €514 | €60 | -€454 | -88.3% |
| Suppliers | 440/4 | €514 | €60 | -€454 | -88.3% |
| Taxes, remuneration and social security | 45 | €11,069 | - | -€11,069 | |
| Taxes | 450/3 | €11,069 | - | -€11,069 | |
| Other amounts payable | 47/48 | €30,810 | €331 | -€30,479 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,821 | €4,668 | -€154 | -3.2% |
| Other operating charges | 640/8 | €986 | €1,071 | +€85 | +8.7% |
| Gross operating margin | 9900 | €51,679 | €10,247 | -€41,432 | -80.2% |
| Operating profit (loss) | 9901 | €45,872 | €4,508 | -€41,364 | -90.2% |
| Financial charges | 65/66B | €45 | €178 | +€133 | +293.7% |
| Recurring financial charges | 65 | €45 | €178 | +€133 | +293.7% |
| Profit (loss) for the period before taxes | 9903 | €45,827 | €4,330 | -€41,497 | -90.6% |
| Income taxes | 67/77 | €9,910 | €1,348 | -€8,562 | -86.4% |
| Profit (loss) for the period | 9904 | €35,917 | €2,982 | -€32,935 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,917 | €2,982 | -€32,935 | -91.7% |
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 6 October 2026 via checked.be.