CreArt Gallery: what changed
CreArt Gallery
Largest movements
- Stocks and contracts +€43,059
up €43,059 (+19.5%), from €220,624 to €263,683
- Cash -€15,337
down €15,337 (-17.8%), from €86,054 to €70,718
mainly Stocks and contracts (-€43,059) and Tax, wage and social debts (-€41,370)
- Tangible fixed assets -€7,248
down €7,248 (-96.6%), from €7,505 to €258
- Receivables within one year -€6,557
down €6,557 (-6.5%), from €101,034 to €94,477
of which Trade receivables: -€13,890
- Profit (loss) carried forward +€84,899
up €84,899 (+131%), from €64,797 to €149,696
- Tax, wage and social debts -€41,370
down €41,370 (-90.1%), from €45,896 to €4,525
of which Taxes: -€41,736
- Trade debts -€30,108
down €30,108 (-66.4%), from €45,345 to €15,237
- Gross operating margin -€52,476
down €52,476 (-29.0%), from €181,195 to €128,718
- Taxes -€28,692
down €28,692 (-50.3%), from €57,006 to €28,314
- Financial charges +€3,463
up €3,463 (+294%), from €1,179 to €4,641
- Staff costs +€3,218
new in 2025: €3,218
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €416,987 | €430,417 | +€13,429 | +3.2% |
| Fixed assets | 21/28 | €7,505 | €258 | -€7,248 | -96.6% |
| Tangible fixed assets | 22/27 | €7,505 | €258 | -€7,248 | -96.6% |
| Furniture and vehicles | 24 | €7,505 | €258 | -€7,248 | -96.6% |
| Current assets | 29/58 | €409,482 | €430,159 | +€20,677 | +5.0% |
| Stocks and contracts in progress | 3 | €220,624 | €263,683 | +€43,059 | +19.5% |
| Stocks | 30/36 | €220,624 | €263,683 | +€43,059 | +19.5% |
| Amounts receivable within one year | 40/41 | €101,034 | €94,477 | -€6,557 | -6.5% |
| Trade receivables | 40 | €96,890 | €83,000 | -€13,890 | -14.3% |
| Other amounts receivable | 41 | €4,145 | €11,477 | +€7,333 | +177% |
| Cash at bank and in hand | 54/58 | €86,054 | €70,718 | -€15,337 | -17.8% |
| Deferred charges and accrued income | 490/1 | €1,770 | €1,281 | -€489 | -27.6% |
| Total equity and liabilities | 10/49 | €416,987 | €430,417 | +€13,429 | +3.2% |
| Equity | 10/15 | €317,617 | €402,516 | +€84,899 | +26.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €232,820 | €232,820 | = | 0.0% |
| Distributable reserves | 133 | €232,820 | €232,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,797 | €149,696 | +€84,899 | +131% |
| Amounts payable | 17/49 | €99,370 | €27,901 | -€71,469 | -71.9% |
| Amounts payable within one year | 42/48 | €99,370 | €27,901 | -€71,469 | -71.9% |
| Trade debts | 44 | €45,345 | €15,237 | -€30,108 | -66.4% |
| Suppliers | 440/4 | €45,345 | €15,237 | -€30,108 | -66.4% |
| Taxes, remuneration and social security | 45 | €45,896 | €4,525 | -€41,370 | -90.1% |
| Taxes | 450/3 | €43,896 | €2,160 | -€41,736 | -95.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,365 | +€365 | +18.3% |
| Other amounts payable | 47/48 | €8,130 | €8,139 | +€9 | +0.1% |
| Remuneration, social security and pensions | 62 | - | €3,218 | +€3,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,833 | €7,248 | -€586 | -7.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €181,195 | €128,718 | -€52,476 | -29.0% |
| Operating profit (loss) | 9901 | €172,974 | €117,854 | -€55,120 | -31.9% |
| Financial income | 75/76B | €34 | €0 | -€34 | -100.0% |
| Recurring financial income | 75 | €34 | €0 | -€34 | -100.0% |
| Financial charges | 65/66B | €1,179 | €4,641 | +€3,463 | +294% |
| Recurring financial charges | 65 | €1,179 | €4,641 | +€3,463 | +294% |
| Profit (loss) for the period before taxes | 9903 | €171,829 | €113,212 | -€58,617 | -34.1% |
| Income taxes | 67/77 | €57,006 | €28,314 | -€28,692 | -50.3% |
| Profit (loss) for the period | 9904 | €114,824 | €84,899 | -€29,925 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,824 | €84,899 | -€29,925 | -26.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.