7 CREAT'YVES: 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.
7 CREAT'YVES
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-14.3%), from €105,000 to €90,000
- Receivables within one year -€9,539
down €9,539 (-83.6%), from €11,412 to €1,873
of which Other amounts receivable: -€11,412
- Cash +€3,029
up €3,029 (+36.1%), from €8,386 to €11,415
mainly Depreciation (+€17,078) and Receivables within one year (+€9,539)
- Other debts -€6,757
down €6,757 (-7.0%), from €96,441 to €89,684
- Trade debts -€6,323
down €6,323 (-96.5%), from €6,552 to €229
- Advances received -€5,862
no longer reported in 2025 (was €5,862)
- Debts after one year -€2,780
no longer reported in 2025 (was €2,780)
- Turnover -€141,863
no longer reported in 2025 (was €141,863)
- Purchases and services -€114,350
no longer reported in 2025 (was €114,350)
- Gross operating margin -€5,196
down €5,196 (-18.9%), from €27,513 to €22,317
- Taxes -€1,590
down €1,590 (-76.3%), from €2,085 to €495
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 | €130,159 | €107,866 | -€22,293 | -17.1% |
| Fixed assets | 21/28 | €107,656 | €91,862 | -€15,794 | -14.7% |
| Intangible fixed assets | 21 | €105,000 | €90,000 | -€15,000 | -14.3% |
| Tangible fixed assets | 22/27 | €2,656 | €1,862 | -€794 | -29.9% |
| Plant, machinery and equipment | 23 | €1,156 | €1,862 | +€706 | +61.1% |
| Furniture and vehicles | 24 | €1,500 | €0 | -€1,500 | -100.0% |
| Current assets | 29/58 | €22,503 | €16,004 | -€6,499 | -28.9% |
| Amounts receivable within one year | 40/41 | €11,412 | €1,873 | -€9,539 | -83.6% |
| Trade receivables | 40 | - | €1,873 | +€1,873 | |
| Other amounts receivable | 41 | €11,412 | - | -€11,412 | |
| Cash at bank and in hand | 54/58 | €8,386 | €11,415 | +€3,029 | +36.1% |
| Deferred charges and accrued income | 490/1 | €2,705 | €2,716 | +€11 | +0.4% |
| Total equity and liabilities | 10/49 | €130,159 | €107,866 | -€22,293 | -17.1% |
| Equity | 10/15 | €15,935 | €15,144 | -€791 | -5.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,435 | €13,644 | -€791 | -5.5% |
| Amounts payable | 17/49 | €114,224 | €92,722 | -€21,502 | -18.8% |
| Amounts payable after more than one year | 17 | €2,780 | - | -€2,780 | |
| Trade debts | 175 | €2,780 | - | -€2,780 | |
| Amounts payable within one year | 42/48 | €111,444 | €92,722 | -€18,722 | -16.8% |
| Trade debts | 44 | €6,552 | €229 | -€6,323 | -96.5% |
| Suppliers | 440/4 | €6,552 | €229 | -€6,323 | -96.5% |
| Advances received on contracts in progress | 46 | €5,862 | - | -€5,862 | |
| Taxes, remuneration and social security | 45 | €2,589 | €2,809 | +€220 | +8.5% |
| Taxes | 450/3 | €2,589 | €2,809 | +€220 | +8.5% |
| Other amounts payable | 47/48 | €96,441 | €89,684 | -€6,757 | -7.0% |
| Turnover | 70 | €141,863 | - | -€141,863 | |
| Goods, raw materials, services and sundry goods | 60/61 | €114,350 | - | -€114,350 | |
| Remuneration, social security and pensions | 62 | €5,607 | €4,227 | -€1,380 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,078 | €17,078 | = | 0.0% |
| Other operating charges | 640/8 | €617 | €943 | +€326 | +52.8% |
| Non-recurring operating charges | 66A | €126 | €259 | +€133 | +105.6% |
| Gross operating margin | 9900 | €27,513 | €22,317 | -€5,196 | -18.9% |
| Operating profit (loss) | 9901 | €4,085 | -€190 | -€4,275 | |
| Financial charges | 65/66B | €174 | €106 | -€68 | -39.1% |
| Recurring financial charges | 65 | €174 | €106 | -€68 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €3,911 | -€296 | -€4,207 | |
| Income taxes | 67/77 | €2,085 | €495 | -€1,590 | -76.3% |
| Profit (loss) for the period | 9904 | €1,826 | -€791 | -€2,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,826 | -€791 | -€2,617 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.