blcreative: 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.
blcreative
Largest movements
- Tangible fixed assets +€27,746
up €27,746 (+43.9%), from €63,147 to €90,892
of which Furniture and vehicles: +€26,362
- Cash -€25,641
down €25,641 (-57.8%), from €44,339 to €18,698
mainly Investment in fixed assets (net) (-€41,086) and Other debts (-€9,586)
- Deferred charges and accrued income +€3,617
up €3,617 (+99.8%), from €3,624 to €7,242
- Receivables within one year -€3,584
down €3,584 (-12.6%), from €28,543 to €24,959
of which Other amounts receivable: -€6,203
- Other debts -€9,586
no longer reported in 2025 (was €9,586)
- Tax, wage and social debts +€6,719
up €6,719 (+83.7%), from €8,027 to €14,745
of which Taxes: +€7,754
- Trade debts +€3,824
up €3,824 (+63.8%), from €5,996 to €9,820
- Taxes +€10,684
new in 2025: €10,684
- Other operating charges +€6,709
up €6,709 (+77.4%), from €8,663 to €15,372
- Staff costs -€3,140
no longer reported in 2025 (was €3,140)
- Gross operating margin +€1,109
up €1,109 (+2.7%), from €41,605 to €42,714
- Financial charges +€558
up €558 (+32.8%), from €1,701 to €2,259
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 | €140,203 | €141,841 | +€1,638 | +1.2% |
| Fixed assets | 21/28 | €63,697 | €90,942 | +€27,246 | +42.8% |
| Tangible fixed assets | 22/27 | €63,147 | €90,892 | +€27,746 | +43.9% |
| Land and buildings | 22 | €50,614 | €50,167 | -€448 | -0.9% |
| Plant, machinery and equipment | 23 | €1,837 | €3,917 | +€2,079 | +113.2% |
| Furniture and vehicles | 24 | €7,875 | €34,237 | +€26,362 | +334.7% |
| Other tangible fixed assets | 26 | €2,819 | €2,572 | -€248 | -8.8% |
| Financial fixed assets | 28 | €550 | €50 | -€500 | -90.9% |
| Current assets | 29/58 | €76,507 | €50,898 | -€25,608 | -33.5% |
| Amounts receivable within one year | 40/41 | €28,543 | €24,959 | -€3,584 | -12.6% |
| Trade receivables | 40 | €22,089 | €24,707 | +€2,618 | +11.9% |
| Other amounts receivable | 41 | €6,455 | €252 | -€6,203 | -96.1% |
| Cash at bank and in hand | 54/58 | €44,339 | €18,698 | -€25,641 | -57.8% |
| Deferred charges and accrued income | 490/1 | €3,624 | €7,242 | +€3,617 | +99.8% |
| Total equity and liabilities | 10/49 | €140,203 | €141,841 | +€1,638 | +1.2% |
| Equity | 10/15 | €72,513 | €73,109 | +€596 | +0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,917 | €1,917 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €58 | €58 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,004 | €52,600 | +€596 | +1.1% |
| Amounts payable | 17/49 | €67,690 | €68,732 | +€1,042 | +1.5% |
| Amounts payable after more than one year | 17 | €36,694 | €36,692 | -€2 | 0.0% |
| Financial debts | 170/4 | €36,694 | €36,692 | -€2 | 0.0% |
| Amounts payable within one year | 42/48 | €30,996 | €32,040 | +€1,043 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €7,388 | €7,474 | +€86 | +1.2% |
| Trade debts | 44 | €5,996 | €9,820 | +€3,824 | +63.8% |
| Suppliers | 440/4 | €5,996 | €9,820 | +€3,824 | +63.8% |
| Taxes, remuneration and social security | 45 | €8,027 | €14,745 | +€6,719 | +83.7% |
| Taxes | 450/3 | €6,992 | €14,745 | +€7,754 | +110.9% |
| Remuneration and social security | 454/9 | €1,035 | - | -€1,035 | |
| Other amounts payable | 47/48 | €9,586 | - | -€9,586 | |
| Remuneration, social security and pensions | 62 | €3,140 | - | -€3,140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,718 | €13,840 | +€122 | +0.9% |
| Other operating charges | 640/8 | €8,663 | €15,372 | +€6,709 | +77.4% |
| Gross operating margin | 9900 | €41,605 | €42,714 | +€1,109 | +2.7% |
| Operating profit (loss) | 9901 | €16,084 | €13,503 | -€2,581 | -16.0% |
| Financial income | 75/76B | €45 | €36 | -€9 | -20.0% |
| Recurring financial income | 75 | €45 | €36 | -€9 | -20.0% |
| Financial charges | 65/66B | €1,701 | €2,259 | +€558 | +32.8% |
| Recurring financial charges | 65 | €1,701 | €2,259 | +€558 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €14,427 | €11,279 | -€3,148 | -21.8% |
| Income taxes | 67/77 | - | €10,684 | +€10,684 | |
| Profit (loss) for the period | 9904 | €14,427 | €596 | -€13,832 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,427 | €596 | -€13,832 | -95.9% |
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 8 October 2026 via checked.be.