CREAT'OR LINE: what changed
Two fiscal 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.
CREAT'OR LINE
Largest movements
- Receivables within one year +€38,388
up €38,388 (+220.6%), from €17,403 to €55,791
of which Trade receivables: +€37,922
- Cash -€11,331
down €11,331 (-67.8%), from €16,703 to €5,372
mainly Receivables within one year (-€38,388) and Advances received (-€7,000)
- Tangible fixed assets -€3,116
down €3,116 (-18.4%), from €16,975 to €13,859
of which Furniture and vehicles: -€2,193
- Financial fixed assets +€1,172
new in 2025: €1,172
- Profit (loss) carried forward +€17,585
up €17,585 (+141.7%), from €12,409 to €29,994
- Trade debts +€13,660
up €13,660 (+313.7%), from €4,354 to €18,014
- Advances received -€7,000
no longer reported in 2025 (was €7,000)
- Tax, wage and social debts +€4,486
up €4,486 (+3935.9%), from €114 to €4,600
of which Taxes: +€4,586
- Debts after one year -€3,486
down €3,486 (-37.6%), from €9,270 to €5,784
of which Financial debts: -€4,266
- Gross operating margin +€15,439
up €15,439 (+111.1%), from €13,902 to €29,341
- Taxes +€4,398
up €4,398 (+289373.7%), from €2 to €4,400
- Depreciation -€3,985
down €3,985 (-42.6%), from €9,360 to €5,375
- Financial charges -€994
down €994 (-45.9%), from €2,163 to €1,169
- Other operating charges +€464
up €464 (+79.3%), from €586 to €1,050
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 | €51,306 | €76,865 | +€25,559 | +49.8% |
| Fixed assets | 21/28 | €16,975 | €15,031 | -€1,944 | -11.5% |
| Tangible fixed assets | 22/27 | €16,975 | €13,859 | -€3,116 | -18.4% |
| Plant, machinery and equipment | 23 | €1,459 | €1,909 | +€450 | +30.8% |
| Furniture and vehicles | 24 | €7,697 | €5,504 | -€2,193 | -28.5% |
| Other tangible fixed assets | 26 | €7,819 | €6,446 | -€1,374 | -17.6% |
| Financial fixed assets | 28 | - | €1,172 | +€1,172 | |
| Current assets | 29/58 | €34,331 | €61,834 | +€27,503 | +80.1% |
| Amounts receivable within one year | 40/41 | €17,403 | €55,791 | +€38,388 | +220.6% |
| Trade receivables | 40 | €7,805 | €45,728 | +€37,922 | +485.8% |
| Other amounts receivable | 41 | €9,598 | €10,064 | +€466 | +4.9% |
| Cash at bank and in hand | 54/58 | €16,703 | €5,372 | -€11,331 | -67.8% |
| Deferred charges and accrued income | 490/1 | €224 | €671 | +€447 | +199.0% |
| Total equity and liabilities | 10/49 | €51,306 | €76,865 | +€25,559 | +49.8% |
| Equity | 10/15 | €26,617 | €44,202 | +€17,585 | +66.1% |
| Contributions | 10/11 | €12,353 | €12,353 | = | 0.0% |
| Outside capital | 11 | €12,353 | €12,353 | = | 0.0% |
| Other | 1109/19 | €12,353 | €12,353 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,409 | €29,994 | +€17,585 | +141.7% |
| Amounts payable | 17/49 | €24,689 | €32,664 | +€7,974 | +32.3% |
| Amounts payable after more than one year | 17 | €9,270 | €5,784 | -€3,486 | -37.6% |
| Financial debts | 170/4 | €9,270 | €5,005 | -€4,266 | -46.0% |
| Other amounts payable | 178/9 | - | €780 | +€780 | |
| Amounts payable within one year | 42/48 | €15,419 | €26,879 | +€11,460 | +74.3% |
| Current portion of amounts payable after more than one year | 42 | €3,951 | €4,266 | +€314 | +8.0% |
| Trade debts | 44 | €4,354 | €18,014 | +€13,660 | +313.7% |
| Suppliers | 440/4 | €4,354 | €18,014 | +€13,660 | +313.7% |
| Advances received on contracts in progress | 46 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €114 | €4,600 | +€4,486 | +3935.9% |
| Taxes | 450/3 | €14 | €4,600 | +€4,586 | +32804.7% |
| Remuneration and social security | 454/9 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,360 | €5,375 | -€3,985 | -42.6% |
| Other operating charges | 640/8 | €586 | €1,050 | +€464 | +79.3% |
| Gross operating margin | 9900 | €13,902 | €29,341 | +€15,439 | +111.1% |
| Operating profit (loss) | 9901 | €3,956 | €22,916 | +€18,960 | +479.2% |
| Financial income | 75/76B | €617 | €237 | -€380 | -61.5% |
| Recurring financial income | 75 | €617 | €237 | -€380 | -61.5% |
| Financial charges | 65/66B | €2,163 | €1,169 | -€994 | -45.9% |
| Recurring financial charges | 65 | €2,163 | €1,169 | -€994 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €2,410 | €21,985 | +€19,574 | +812.1% |
| Income taxes | 67/77 | €2 | €4,400 | +€4,398 | +289373.7% |
| Profit (loss) for the period | 9904 | €2,409 | €17,585 | +€15,176 | +630.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,409 | €17,585 | +€15,176 | +630.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.