CREACTIZ: 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.
CREACTIZ
Largest movements
- Receivables within one year +€181,854
new in 2025: €181,854
- Tangible fixed assets -€167,787
no longer reported in 2025 (was €167,787)
- Cash +€23,269
up €23,269 (+8,108%), from €287 to €23,556
- Profit (loss) carried forward +€234,255
up €234,255, from -€184,312 to €49,943
- Other debts -€135,500
no longer reported in 2025 (was €135,500)
- Revaluation surpluses -€77,647
no longer reported in 2025 (was €77,647)
- Reserves +€62,118
new in 2025: €62,118
- Debts after one year -€52,952
no longer reported in 2025 (was €52,952)
- Other operating charges -€9,788
down €9,788 (-97.2%), from €10,075 to €287
- Gross operating margin +€5,242
up €5,242, from -€4,756 to €487
- Financial charges -€1,362
down €1,362 (-89.6%), from €1,521 to €158
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,074 | €205,410 | +€37,336 | +22.2% |
| Fixed assets | 21/28 | €167,787 | - | -€167,787 | |
| Tangible fixed assets | 22/27 | €167,787 | - | -€167,787 | |
| Land and buildings | 22 | €167,787 | - | -€167,787 | |
| Current assets | 29/58 | €287 | €205,410 | +€205,123 | +71,471% |
| Amounts receivable within one year | 40/41 | - | €181,854 | +€181,854 | |
| Other amounts receivable | 41 | - | €181,854 | +€181,854 | |
| Cash at bank and in hand | 54/58 | €287 | €23,556 | +€23,269 | +8,108% |
| Total equity and liabilities | 10/49 | €168,074 | €205,410 | +€37,336 | +22.2% |
| Equity | 10/15 | -€57,065 | €161,661 | +€218,726 | |
| Contributions | 10/11 | €49,600 | €49,600 | = | 0.0% |
| Revaluation surpluses | 12 | €77,647 | - | -€77,647 | |
| Reserves | 13 | - | €62,118 | +€62,118 | |
| Distributable reserves | 133 | - | €62,118 | +€62,118 | |
| Profit (loss) carried forward | 14 | -€184,312 | €49,943 | +€234,255 | |
| Amounts payable | 17/49 | €225,139 | €43,749 | -€181,390 | -80.6% |
| Amounts payable after more than one year | 17 | €52,952 | - | -€52,952 | |
| Financial debts | 170/4 | €52,952 | - | -€52,952 | |
| Amounts payable within one year | 42/48 | €172,187 | €41,249 | -€130,938 | -76.0% |
| Current portion of amounts payable after more than one year | 42 | €36,686 | - | -€36,686 | |
| Taxes, remuneration and social security | 45 | - | €41,249 | +€41,249 | |
| Taxes | 450/3 | - | €41,249 | +€41,249 | |
| Other amounts payable | 47/48 | €135,500 | - | -€135,500 | |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €10,075 | €287 | -€9,788 | -97.2% |
| Gross operating margin | 9900 | -€4,756 | €487 | +€5,242 | |
| Operating profit (loss) | 9901 | -€14,831 | €200 | +€15,031 | |
| Financial charges | 65/66B | €1,521 | €158 | -€1,362 | -89.6% |
| Recurring financial charges | 65 | €1,521 | €158 | -€1,362 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,352 | €41 | +€16,393 | |
| Income taxes | 67/77 | - | €11 | +€11 | |
| Profit (loss) for the period | 9904 | -€16,352 | €30 | +€16,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,352 | €30 | +€16,382 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.