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CREATIBOIS: 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.

What changed

CREATIBOIS

BE 0802.910.372
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,228
2024 · €28,021-€31,249
Equity
€42,144
2024 · €45,372-€3,228
Cash
€36,796
2024 · €22,469+€14,327
Balance sheet total
€213,991
2024 · €200,979+€13,012

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€59,563

    up €59,563 (+59.8%), from €99,562 to €159,126

    of which Land and buildings: +€71,871

  • Receivables within one year -€47,186

    down €47,186 (-84.2%), from €56,044 to €8,858

    of which Trade receivables: -€44,844

  • Current investments -€20,000

    down €20,000 (-100.0%), from €20,000 to €0

  • Cash +€14,327

    up €14,327 (+63.8%), from €22,469 to €36,796

    mainly Other debts (+€62,881) and Receivables within one year (+€47,186)

  • Stocks and contracts +€5,021

    up €5,021 (+196.2%), from €2,559 to €7,580

Equity and liabilities
  • Other debts +€62,881

    up €62,881 (+279.8%), from €22,474 to €85,355

  • Trade debts -€42,618

    down €42,618 (-91.2%), from €46,749 to €4,131

  • Debts after one year -€3,368

    down €3,368 (-6.5%), from €51,754 to €48,386

  • Profit (loss) carried forward -€3,228

    down €3,228 (-9.1%), from €35,372 to €32,144

Income statement
  • Gross operating margin -€27,117

    down €27,117 (-50.8%), from €53,362 to €26,244

  • Depreciation +€7,104

    up €7,104 (+41.9%), from €16,936 to €24,040

  • Taxes -€5,851

    down €5,851 (-97.1%), from €6,024 to €173

  • Financial charges +€3,101

    up €3,101 (+127.7%), from €2,429 to €5,531

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €28,021
Gross operating margin -€27,117
Depreciation -€7,104
Other operating charges +€34
Financial income +€188
Financial charges -€3,101
Taxes +€5,851
Result 2025 -€3,228

Cash bridge derived

cash 2024 to 2025

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.

From operations +€82,246
Investment -€64,884
Financing -€3,035
Cash 2024 €22,469
Net result for the year -€3,228
Depreciation +€24,040
Stocks and contracts -€5,021
Receivables within one year +€47,186
Smaller working-capital items -€205
Trade debts -€42,618
Tax, wage and social debts -€789
Other debts +€62,881
Investment in fixed assets (net) -€84,884
Current investments +€20,000
Debts after one year -€3,368
Current portion of long-term debt +€333
Cash 2025 €36,796
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €200,979 €213,991 +€13,012 +6.5%
Fixed assets 21/28 €99,562 €160,407 +€60,844 +61.1%
Intangible fixed assets 21 - €1,281 +€1,281
Tangible fixed assets 22/27 €99,562 €159,126 +€59,563 +59.8%
Land and buildings 22 €45,211 €117,082 +€71,871 +159.0%
Plant, machinery and equipment 23 €39,056 €34,211 -€4,846 -12.4%
Furniture and vehicles 24 €12,545 €5,393 -€7,152 -57.0%
Other tangible fixed assets 26 €2,749 €2,440 -€310 -11.3%
Current assets 29/58 €101,416 €53,584 -€47,832 -47.2%
Stocks and contracts in progress 3 €2,559 €7,580 +€5,021 +196.2%
Stocks 30/36 €2,559 €7,580 +€5,021 +196.2%
Amounts receivable within one year 40/41 €56,044 €8,858 -€47,186 -84.2%
Trade receivables 40 €50,835 €5,992 -€44,844 -88.2%
Other amounts receivable 41 €5,208 €2,866 -€2,342 -45.0%
Current investments 50/53 €20,000 €0 -€20,000 -100.0%
Cash at bank and in hand 54/58 €22,469 €36,796 +€14,327 +63.8%
Deferred charges and accrued income 490/1 €345 €350 +€5 +1.4%
Total equity and liabilities 10/49 €200,979 €213,991 +€13,012 +6.5%
Equity 10/15 €45,372 €42,144 -€3,228 -7.1%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €35,372 €32,144 -€3,228 -9.1%
Amounts payable 17/49 €155,607 €171,846 +€16,239 +10.4%
Amounts payable after more than one year 17 €51,754 €48,386 -€3,368 -6.5%
Financial debts 170/4 €51,754 €48,386 -€3,368 -6.5%
Amounts payable within one year 42/48 €103,853 €123,460 +€19,607 +18.9%
Current portion of amounts payable after more than one year 42 €7,963 €8,297 +€333 +4.2%
Trade debts 44 €46,749 €4,131 -€42,618 -91.2%
Suppliers 440/4 €46,749 €4,131 -€42,618 -91.2%
Advances received on contracts in progress 46 €21,950 €21,750 -€200 -0.9%
Taxes, remuneration and social security 45 €4,717 €3,928 -€789 -16.7%
Taxes 450/3 €2,217 €1,428 -€789 -35.6%
Remuneration and social security 454/9 €2,500 €2,500 = 0.0%
Other amounts payable 47/48 €22,474 €85,355 +€62,881 +279.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,936 €24,040 +€7,104 +41.9%
Other operating charges 640/8 €109 €74 -€34 -31.6%
Gross operating margin 9900 €53,362 €26,244 -€27,117 -50.8%
Operating profit (loss) 9901 €36,317 €2,130 -€34,186 -94.1%
Financial income 75/76B €158 €346 +€188 +119.1%
Recurring financial income 75 €158 €346 +€188 +119.1%
Financial charges 65/66B €2,429 €5,531 +€3,101 +127.7%
Recurring financial charges 65 €2,429 €5,531 +€3,101 +127.7%
Profit (loss) for the period before taxes 9903 €34,045 -€3,054 -€37,099
Income taxes 67/77 €6,024 €173 -€5,851 -97.1%
Profit (loss) for the period 9904 €28,021 -€3,228 -€31,249
Profit (loss) for the period to be appropriated 9905 €28,021 -€3,228 -€31,249

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 29 September 2026 via checked.be.