Co Kreation: 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.
Co Kreation
Largest movements
- Cash +€46,257
up €46,257 (+393%), from €11,780 to €58,037
mainly Net result for the year (+€41,591) and Depreciation (+€14,255)
- Intangible fixed assets -€11,000
down €11,000 (-52.2%), from €21,083 to €10,083
- Receivables within one year -€3,543
down €3,543 (-16.7%), from €21,180 to €17,638
- Profit (loss) carried forward +€41,591
up €41,591 (+829%), from €5,019 to €46,610
- Accrued charges and deferred income -€8,050
down €8,050 (-36.8%), from €21,900 to €13,850
- Tax, wage and social debts -€2,592
down €2,592 (-22.8%), from €11,380 to €8,788
of which Taxes: -€2,581
- Gross operating margin +€55,413
up €55,413 (+102%), from €54,166 to €109,579
- Staff costs +€1,191
up €1,191 (+2.4%), from €50,042 to €51,233
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 | €72,683 | €104,501 | +€31,818 | +43.8% |
| Fixed assets | 21/28 | €29,555 | €18,520 | -€11,035 | -37.3% |
| Intangible fixed assets | 21 | €21,083 | €10,083 | -€11,000 | -52.2% |
| Tangible fixed assets | 22/27 | €8,022 | €7,987 | -€35 | -0.4% |
| Plant, machinery and equipment | 23 | €2,807 | €3,402 | +€595 | +21.2% |
| Furniture and vehicles | 24 | €609 | €188 | -€421 | -69.1% |
| Other tangible fixed assets | 26 | €4,606 | €4,397 | -€209 | -4.5% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €43,129 | €85,981 | +€42,853 | +99.4% |
| Stocks and contracts in progress | 3 | €7,660 | €7,798 | +€137 | +1.8% |
| Stocks | 30/36 | €7,660 | €7,798 | +€137 | +1.8% |
| Amounts receivable within one year | 40/41 | €21,180 | €17,638 | -€3,543 | -16.7% |
| Trade receivables | 40 | €21,180 | €17,638 | -€3,543 | -16.7% |
| Cash at bank and in hand | 54/58 | €11,780 | €58,037 | +€46,257 | +393% |
| Deferred charges and accrued income | 490/1 | €2,507 | €2,509 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €72,683 | €104,501 | +€31,818 | +43.8% |
| Equity | 10/15 | €27,019 | €68,610 | +€41,591 | +154% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,019 | €46,610 | +€41,591 | +829% |
| Amounts payable | 17/49 | €45,665 | €35,892 | -€9,773 | -21.4% |
| Amounts payable within one year | 42/48 | €23,765 | €22,042 | -€1,723 | -7.3% |
| Trade debts | 44 | €9,943 | €10,829 | +€886 | +8.9% |
| Suppliers | 440/4 | €9,943 | €10,829 | +€886 | +8.9% |
| Taxes, remuneration and social security | 45 | €11,380 | €8,788 | -€2,592 | -22.8% |
| Taxes | 450/3 | €11,113 | €8,532 | -€2,581 | -23.2% |
| Remuneration and social security | 454/9 | €267 | €257 | -€11 | -4.0% |
| Other amounts payable | 47/48 | €2,442 | €2,425 | -€17 | -0.7% |
| Accrued charges and deferred income | 492/3 | €21,900 | €13,850 | -€8,050 | -36.8% |
| Remuneration, social security and pensions | 62 | €50,042 | €51,233 | +€1,191 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,661 | €14,255 | +€593 | +4.3% |
| Other operating charges | 640/8 | €1,950 | €2,008 | +€58 | +3.0% |
| Gross operating margin | 9900 | €54,166 | €109,579 | +€55,413 | +102% |
| Operating profit (loss) | 9901 | -€11,486 | €42,084 | +€53,570 | |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €925 | €493 | -€432 | -46.7% |
| Recurring financial charges | 65 | €925 | €493 | -€432 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,381 | €41,591 | +€53,972 | |
| Profit (loss) for the period | 9904 | -€12,381 | €41,591 | +€53,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,381 | €41,591 | +€53,972 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.