52CREATIONS: 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.
52CREATIONS
Largest movements
- Cash +€9,511
up €9,511 (+62.4%), from €15,245 to €24,756
mainly Net result for the year (+€15,881) and Depreciation (+€11,129)
- Tangible fixed assets +€3,646
up €3,646 (+11.2%), from €32,625 to €36,271
of which Other tangible fixed assets: +€11,820
- Profit (loss) carried forward +€15,881
up €15,881 (+41.7%), from -€38,080 to -€22,199
- Tax, wage and social debts +€6,102
up €6,102 (+361%), from €1,689 to €7,791
- Debts after one year -€6,000
down €6,000 (-30.0%), from €20,000 to €14,000
- Other debts +€5,355
new in 2025: €5,355
- Accrued charges and deferred income -€5,105
down €5,105 (-56.1%), from €9,105 to €4,000
- Gross operating margin +€13,678
up €13,678 (+64.8%), from €21,093 to €34,771
- Depreciation +€5,170
up €5,170 (+86.8%), from €5,959 to €11,129
- Taxes +€4,822
up €4,822 (+285%), from €1,689 to €6,511
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 | €53,643 | €67,305 | +€13,662 | +25.5% |
| Fixed assets | 21/28 | €32,770 | €36,416 | +€3,646 | +11.1% |
| Tangible fixed assets | 22/27 | €32,625 | €36,271 | +€3,646 | +11.2% |
| Furniture and vehicles | 24 | €32,625 | €24,451 | -€8,174 | -25.1% |
| Other tangible fixed assets | 26 | - | €11,820 | +€11,820 | |
| Financial fixed assets | 28 | €145 | €145 | = | 0.0% |
| Current assets | 29/58 | €20,873 | €30,889 | +€10,016 | +48.0% |
| Amounts receivable within one year | 40/41 | €5,478 | €6,133 | +€655 | +12.0% |
| Trade receivables | 40 | €5,114 | €6,133 | +€1,019 | +19.9% |
| Other amounts receivable | 41 | €364 | - | -€364 | |
| Cash at bank and in hand | 54/58 | €15,245 | €24,756 | +€9,511 | +62.4% |
| Deferred charges and accrued income | 490/1 | €150 | - | -€150 | |
| Total equity and liabilities | 10/49 | €53,643 | €67,305 | +€13,662 | +25.5% |
| Equity | 10/15 | €9,243 | €25,124 | +€15,881 | +172% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,731 | €28,731 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,731 | €28,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,080 | -€22,199 | +€15,881 | +41.7% |
| Amounts payable | 17/49 | €44,400 | €42,181 | -€2,219 | -5.0% |
| Amounts payable after more than one year | 17 | €20,000 | €14,000 | -€6,000 | -30.0% |
| Financial debts | 170/4 | €20,000 | €14,000 | -€6,000 | -30.0% |
| Amounts payable within one year | 42/48 | €15,295 | €24,181 | +€8,886 | +58.1% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €7,571 | €5,000 | -€2,571 | -34.0% |
| Suppliers | 440/4 | €7,571 | €5,000 | -€2,571 | -34.0% |
| Advances received on contracts in progress | 46 | €35 | €35 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,689 | €7,791 | +€6,102 | +361% |
| Taxes | 450/3 | €1,689 | €7,791 | +€6,102 | +361% |
| Other amounts payable | 47/48 | - | €5,355 | +€5,355 | |
| Accrued charges and deferred income | 492/3 | €9,105 | €4,000 | -€5,105 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,959 | €11,129 | +€5,170 | +86.8% |
| Other operating charges | 640/8 | €641 | €448 | -€193 | -30.1% |
| Gross operating margin | 9900 | €21,093 | €34,771 | +€13,678 | +64.8% |
| Operating profit (loss) | 9901 | €14,493 | €23,194 | +€8,701 | +60.0% |
| Financial income | 75/76B | - | €113 | +€113 | |
| Recurring financial income | 75 | - | €113 | +€113 | |
| Financial charges | 65/66B | €601 | €915 | +€314 | +52.2% |
| Recurring financial charges | 65 | €601 | €915 | +€314 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €13,892 | €22,392 | +€8,500 | +61.2% |
| Income taxes | 67/77 | €1,689 | €6,511 | +€4,822 | +285% |
| Profit (loss) for the period | 9904 | €12,203 | €15,881 | +€3,678 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,203 | €15,881 | +€3,678 | +30.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.