CREATE AVG BV: 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.
CREATE AVG BV
Largest movements
- Receivables within one year -€76,863
down €76,863 (-39.4%), from €194,945 to €118,082
of which Other amounts receivable: -€60,450
- Cash -€73,835
down €73,835 (-93.9%), from €78,651 to €4,816
mainly Other debts (-€150,000) and Tax, wage and social debts (-€33,420)
- Other debts -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Tax, wage and social debts -€33,420
down €33,420 (-85.2%), from €39,204 to €5,784
- Profit (loss) carried forward +€33,267
up €33,267 (+24.8%), from €133,982 to €167,249
- Gross operating margin -€65,277
down €65,277 (-59.8%), from €109,140 to €43,864
- Taxes -€14,944
down €14,944 (-59.0%), from €25,317 to €10,373
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 | €330,161 | €178,652 | -€151,509 | -45.9% |
| Fixed assets | 21/28 | €16,565 | €15,754 | -€811 | -4.9% |
| Tangible fixed assets | 22/27 | €16,565 | €15,754 | -€811 | -4.9% |
| Plant, machinery and equipment | 23 | €1,502 | €1,156 | -€347 | -23.1% |
| Furniture and vehicles | 24 | €4,563 | €4,099 | -€464 | -10.2% |
| Other tangible fixed assets | 26 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €313,596 | €162,898 | -€150,698 | -48.1% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,945 | €118,082 | -€76,863 | -39.4% |
| Trade receivables | 40 | €33,366 | €16,953 | -€16,413 | -49.2% |
| Other amounts receivable | 41 | €161,579 | €101,129 | -€60,450 | -37.4% |
| Cash at bank and in hand | 54/58 | €78,651 | €4,816 | -€73,835 | -93.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €330,161 | €178,652 | -€151,509 | -45.9% |
| Equity | 10/15 | €138,982 | €172,249 | +€33,267 | +23.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,982 | €167,249 | +€33,267 | +24.8% |
| Amounts payable | 17/49 | €191,179 | €6,403 | -€184,777 | -96.7% |
| Amounts payable within one year | 42/48 | €191,179 | €6,403 | -€184,777 | -96.7% |
| Trade debts | 44 | €1,975 | €619 | -€1,357 | -68.7% |
| Suppliers | 440/4 | €1,975 | €619 | -€1,357 | -68.7% |
| Taxes, remuneration and social security | 45 | €39,204 | €5,784 | -€33,420 | -85.2% |
| Taxes | 450/3 | €39,204 | €5,784 | -€33,420 | -85.2% |
| Other amounts payable | 47/48 | €150,000 | €0 | -€150,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,614 | €3,801 | +€187 | +5.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €109,140 | €43,864 | -€65,277 | -59.8% |
| Operating profit (loss) | 9901 | €105,139 | €39,663 | -€65,475 | -62.3% |
| Financial income | 75/76B | €6,159 | €5,284 | -€874 | -14.2% |
| Recurring financial income | 75 | €6,159 | €5,284 | -€874 | -14.2% |
| Financial charges | 65/66B | €1,556 | €1,307 | -€249 | -16.0% |
| Recurring financial charges | 65 | €1,556 | €1,307 | -€249 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €109,741 | €43,641 | -€66,100 | -60.2% |
| Income taxes | 67/77 | €25,317 | €10,373 | -€14,944 | -59.0% |
| Profit (loss) for the period | 9904 | €84,424 | €33,267 | -€51,156 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,424 | €33,267 | -€51,156 | -60.6% |
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 9 October 2026 via checked.be.