CREAT'YVES: 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'YVES
Largest movements
- Cash -€15,619
down €15,619 (-28.5%), from €54,851 to €39,232
mainly Net result for the year (-€9,233) and Trade debts (-€3,421)
- Tangible fixed assets -€7,019
down €7,019 (-69.8%), from €10,052 to €3,032
of which Furniture and vehicles: -€5,728
- Receivables within one year +€1,908
up €1,908 (+7.5%), from €25,486 to €27,394
of which Other amounts receivable: +€2,835
- Deferred charges and accrued income +€1,411
up €1,411 (+169.3%), from €834 to €2,245
- Profit (loss) carried forward -€9,233
down €9,233 (-33.1%), from €27,883 to €18,650
- Trade debts -€3,421
down €3,421 (-49.3%), from €6,937 to €3,516
- Tax, wage and social debts -€3,381
no longer reported in 2025 (was €3,381)
- Current portion of long-term debt -€3,284
down €3,284 (-82.7%), from €3,970 to €686
- Gross operating margin -€16,250
down €16,250 (-84.3%), from €19,270 to €3,020
- Other operating charges -€2,335
down €2,335 (-84.1%), from €2,775 to €440
- Taxes -€700
down €700 (-33.1%), from €2,112 to €1,412
- Staff costs -€623
down €623 (-22.8%), from €2,727 to €2,104
- Depreciation -€506
down €506 (-5.7%), from €8,845 to €8,339
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 | €91,381 | €72,063 | -€19,319 | -21.1% |
| Fixed assets | 21/28 | €10,212 | €3,192 | -€7,019 | -68.7% |
| Tangible fixed assets | 22/27 | €10,052 | €3,032 | -€7,019 | -69.8% |
| Plant, machinery and equipment | 23 | €3,376 | €2,085 | -€1,291 | -38.2% |
| Furniture and vehicles | 24 | €6,676 | €948 | -€5,728 | -85.8% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €81,170 | €68,870 | -€12,300 | -15.2% |
| Amounts receivable within one year | 40/41 | €25,486 | €27,394 | +€1,908 | +7.5% |
| Trade receivables | 40 | €5,782 | €4,855 | -€926 | -16.0% |
| Other amounts receivable | 41 | €19,704 | €22,538 | +€2,835 | +14.4% |
| Cash at bank and in hand | 54/58 | €54,851 | €39,232 | -€15,619 | -28.5% |
| Deferred charges and accrued income | 490/1 | €834 | €2,245 | +€1,411 | +169.3% |
| Total equity and liabilities | 10/49 | €91,381 | €72,063 | -€19,319 | -21.1% |
| Equity | 10/15 | €77,094 | €67,861 | -€9,233 | -12.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,211 | €29,211 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €27,211 | €27,211 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,883 | €18,650 | -€9,233 | -33.1% |
| Amounts payable | 17/49 | €14,288 | €4,202 | -€10,086 | -70.6% |
| Amounts payable within one year | 42/48 | €14,288 | €4,202 | -€10,086 | -70.6% |
| Current portion of amounts payable after more than one year | 42 | €3,970 | €686 | -€3,284 | -82.7% |
| Trade debts | 44 | €6,937 | €3,516 | -€3,421 | -49.3% |
| Suppliers | 440/4 | €6,937 | €3,516 | -€3,421 | -49.3% |
| Taxes, remuneration and social security | 45 | €3,381 | - | -€3,381 | |
| Taxes | 450/3 | €3,381 | - | -€3,381 | |
| Remuneration, social security and pensions | 62 | €2,727 | €2,104 | -€623 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,845 | €8,339 | -€506 | -5.7% |
| Other operating charges | 640/8 | €2,775 | €440 | -€2,335 | -84.1% |
| Gross operating margin | 9900 | €19,270 | €3,020 | -€16,250 | -84.3% |
| Operating profit (loss) | 9901 | €4,924 | -€7,863 | -€12,786 | |
| Financial income | 75/76B | €238 | €259 | +€21 | +8.7% |
| Recurring financial income | 75 | €238 | €259 | +€21 | +8.7% |
| Financial charges | 65/66B | €591 | €217 | -€374 | -63.2% |
| Recurring financial charges | 65 | €591 | €217 | -€374 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €4,571 | -€7,821 | -€12,392 | |
| Income taxes | 67/77 | €2,112 | €1,412 | -€700 | -33.1% |
| Profit (loss) for the period | 9904 | €2,459 | -€9,233 | -€11,692 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,459 | -€9,233 | -€11,692 |
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 3 October 2026 via checked.be.