CREA'TIF: 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.
CREA'TIF
Largest movements
- Receivables within one year -€6,983
down €6,983 (-51.0%), from €13,689 to €6,706
of which Trade receivables: -€3,625
- Tangible fixed assets -€2,817
down €2,817 (-31.3%), from €8,985 to €6,168
of which Other tangible fixed assets: -€2,562
- Stocks and contracts -€2,500
down €2,500 (-50.0%), from €5,000 to €2,500
- Cash +€2,465
up €2,465 (+12.5%), from €19,707 to €22,172
mainly Receivables within one year (+€6,983) and Net result for the year (+€3,506)
- Other debts -€15,796
down €15,796 (-57.0%), from €27,695 to €11,899
- Profit (loss) carried forward +€3,506
up €3,506 (+368%), from €952 to €4,458
- Trade debts +€2,259
up €2,259 (+244%), from €925 to €3,184
- Gross operating margin -€5,582
down €5,582 (-9.8%), from €57,193 to €51,611
- Staff costs +€2,492
up €2,492 (+6.2%), from €40,346 to €42,839
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 | €47,530 | €37,845 | -€9,685 | -20.4% |
| Fixed assets | 21/28 | €8,985 | €6,168 | -€2,817 | -31.3% |
| Tangible fixed assets | 22/27 | €8,985 | €6,168 | -€2,817 | -31.3% |
| Plant, machinery and equipment | 23 | €859 | €604 | -€254 | -29.6% |
| Other tangible fixed assets | 26 | €8,127 | €5,564 | -€2,562 | -31.5% |
| Current assets | 29/58 | €38,545 | €31,677 | -€6,868 | -17.8% |
| Stocks and contracts in progress | 3 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Stocks | 30/36 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Amounts receivable within one year | 40/41 | €13,689 | €6,706 | -€6,983 | -51.0% |
| Trade receivables | 40 | €3,625 | - | -€3,625 | |
| Other amounts receivable | 41 | €10,064 | €6,706 | -€3,358 | -33.4% |
| Cash at bank and in hand | 54/58 | €19,707 | €22,172 | +€2,465 | +12.5% |
| Deferred charges and accrued income | 490/1 | €148 | €299 | +€151 | +101% |
| Total equity and liabilities | 10/49 | €47,530 | €37,845 | -€9,685 | -20.4% |
| Equity | 10/15 | €3,952 | €7,458 | +€3,506 | +88.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €952 | €4,458 | +€3,506 | +368% |
| Amounts payable | 17/49 | €43,578 | €30,388 | -€13,191 | -30.3% |
| Amounts payable within one year | 42/48 | €43,578 | €30,060 | -€13,519 | -31.0% |
| Trade debts | 44 | €925 | €3,184 | +€2,259 | +244% |
| Suppliers | 440/4 | €925 | €3,184 | +€2,259 | +244% |
| Taxes, remuneration and social security | 45 | €14,959 | €14,977 | +€18 | +0.1% |
| Taxes | 450/3 | €8,977 | €8,687 | -€290 | -3.2% |
| Remuneration and social security | 454/9 | €5,981 | €6,290 | +€309 | +5.2% |
| Other amounts payable | 47/48 | €27,695 | €11,899 | -€15,796 | -57.0% |
| Accrued charges and deferred income | 492/3 | - | €328 | +€328 | |
| Remuneration, social security and pensions | 62 | €40,346 | €42,839 | +€2,492 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,817 | €2,817 | = | 0.0% |
| Other operating charges | 640/8 | €1,031 | €983 | -€48 | -4.6% |
| Gross operating margin | 9900 | €57,193 | €51,611 | -€5,582 | -9.8% |
| Operating profit (loss) | 9901 | €12,999 | €4,973 | -€8,026 | -61.7% |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €47 | €194 | +€147 | +312% |
| Recurring financial charges | 65 | €47 | €194 | +€147 | +312% |
| Profit (loss) for the period before taxes | 9903 | €12,952 | €4,881 | -€8,071 | -62.3% |
| Income taxes | 67/77 | €1,294 | €1,375 | +€80 | +6.2% |
| Profit (loss) for the period | 9904 | €11,657 | €3,506 | -€8,151 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,657 | €3,506 | -€8,151 | -69.9% |
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 31 October 2026 via checked.be.