BUILDING CREATIVE MINDS: 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.
BUILDING CREATIVE MINDS
Largest movements
- Receivables within one year -€29,755
down €29,755 (-57.0%), from €52,233 to €22,478
of which Trade receivables: -€18,718
- Current investments -€18,570
down €18,570 (-45.3%), from €40,961 to €22,391
- Cash -€17,427
down €17,427 (-33.1%), from €52,590 to €35,163
mainly Other debts (-€65,000) and Contributions, distributions and other (-€56,706)
- Tangible fixed assets -€3,209
down €3,209 (-16.7%), from €19,274 to €16,065
of which Furniture and vehicles: -€3,726
- Other debts -€65,000
down €65,000 (-54.2%), from €120,000 to €55,000
- Trade debts -€11,180
down €11,180 (-75.3%), from €14,843 to €3,663
- Reserves +€5,886
up €5,886 (+91.2%), from €6,455 to €12,341
- Accrued charges and deferred income +€4,096
new in 2025: €4,096
- Revaluation surpluses -€1,706
down €1,706 (-87.0%), from €1,961 to €256
- Gross operating margin -€10,183
down €10,183 (-11.4%), from €89,137 to €78,954
- Taxes -€5,614
down €5,614 (-23.9%), from €23,459 to €17,846
- Financial income +€5,550
up €5,550 (+842.8%), from €659 to €6,209
- Financial charges +€1,477
up €1,477 (+1062.8%), from €139 to €1,616
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 | €166,898 | €99,437 | -€67,460 | -40.4% |
| Fixed assets | 21/28 | €19,274 | €16,065 | -€3,209 | -16.7% |
| Tangible fixed assets | 22/27 | €19,274 | €16,065 | -€3,209 | -16.7% |
| Plant, machinery and equipment | 23 | €175 | €692 | +€517 | +294.8% |
| Furniture and vehicles | 24 | €14,069 | €10,343 | -€3,726 | -26.5% |
| Other tangible fixed assets | 26 | €5,030 | €5,030 | = | 0.0% |
| Current assets | 29/58 | €147,623 | €83,372 | -€64,251 | -43.5% |
| Amounts receivable within one year | 40/41 | €52,233 | €22,478 | -€29,755 | -57.0% |
| Trade receivables | 40 | €35,377 | €16,659 | -€18,718 | -52.9% |
| Other amounts receivable | 41 | €16,856 | €5,819 | -€11,037 | -65.5% |
| Current investments | 50/53 | €40,961 | €22,391 | -€18,570 | -45.3% |
| Cash at bank and in hand | 54/58 | €52,590 | €35,163 | -€17,427 | -33.1% |
| Deferred charges and accrued income | 490/1 | €1,839 | €3,340 | +€1,501 | +81.6% |
| Total equity and liabilities | 10/49 | €166,898 | €99,437 | -€67,460 | -40.4% |
| Equity | 10/15 | €27,016 | €31,197 | +€4,181 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,961 | €256 | -€1,706 | -87.0% |
| Reserves | 13 | €6,455 | €12,341 | +€5,886 | +91.2% |
| Distributable reserves | 133 | €6,455 | €12,341 | +€5,886 | +91.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €139,882 | €68,241 | -€71,641 | -51.2% |
| Amounts payable within one year | 42/48 | €139,882 | €64,145 | -€75,737 | -54.1% |
| Trade debts | 44 | €14,843 | €3,663 | -€11,180 | -75.3% |
| Suppliers | 440/4 | €14,843 | €3,663 | -€11,180 | -75.3% |
| Taxes, remuneration and social security | 45 | €5,038 | €5,482 | +€443 | +8.8% |
| Taxes | 450/3 | €5,038 | €5,482 | +€443 | +8.8% |
| Other amounts payable | 47/48 | €120,000 | €55,000 | -€65,000 | -54.2% |
| Accrued charges and deferred income | 492/3 | - | €4,096 | +€4,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,544 | €4,182 | +€638 | +18.0% |
| Other operating charges | 640/8 | €745 | €633 | -€112 | -15.0% |
| Gross operating margin | 9900 | €89,137 | €78,954 | -€10,183 | -11.4% |
| Operating profit (loss) | 9901 | €84,848 | €74,140 | -€10,709 | -12.6% |
| Financial income | 75/76B | €659 | €6,209 | +€5,550 | +842.8% |
| Recurring financial income | 75 | €659 | €6,209 | +€5,550 | +842.8% |
| Financial charges | 65/66B | €139 | €1,616 | +€1,477 | +1062.8% |
| Recurring financial charges | 65 | €139 | €1,616 | +€1,477 | +1062.8% |
| Profit (loss) for the period before taxes | 9903 | €85,368 | €78,732 | -€6,636 | -7.8% |
| Income taxes | 67/77 | €23,459 | €17,846 | -€5,614 | -23.9% |
| Profit (loss) for the period | 9904 | €61,909 | €60,886 | -€1,022 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,909 | €60,886 | -€1,022 | -1.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.