CREATIC: 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.
What changed
CREATIC
NACE 63.910, Web portal activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€123,345
2024 · €285,266-€161,921
Equity
€848,379
2024 · €793,833+€54,546
Cash
€11,434
2024 · €22,755-€11,321
Balance sheet total
€3.1m
2024 · €2.9m+€220,598
Largest movements
Assets
- Tangible fixed assets +€198,447
up €198,447 (+11.9%), from €1.7m to €1.9m
of which Land and buildings: +€253,459
- Deferred charges and accrued income +€57,014
up €57,014 (+329%), from €17,340 to €74,354
Equity and liabilities
- Debts after one year +€148,707
up €148,707 (+12.8%), from €1.2m to €1.3m
- Trade debts -€103,302
down €103,302 (-48.9%), from €211,286 to €107,984
- Reserves +€54,546
up €54,546 (+6.9%), from €793,833 to €848,379
- Short-term financial debts +€52,491
up €52,491 (+16.3%), from €323,005 to €375,496
Income statement
- Staff costs +€119,813
up €119,813 (+11.6%), from €1.0m to €1.2m
- Taxes -€67,025
down €67,025 (-50.5%), from €132,674 to €65,649
- Financial charges +€35,982
up €35,982 (+65.1%), from €55,275 to €91,257
- Depreciation +€22,959
up €22,959 (+14.4%), from €159,112 to €182,071
- Gross operating margin +€21,780
up €21,780 (+1.3%), from €1.7m to €1.7m
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.
Result 2024
€285,266
Gross operating margin
+€21,780
Staff costs
-€119,813
Depreciation
-€22,959
Other operating charges
-€9,163
Other operating items
-€74,802
Financial income
+€11,994
Financial charges
-€35,982
Taxes
+€67,025
Result 2025
€123,345
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€225,006
Investment
-€378,061
Financing
+€141,735
Cash 2024
€22,755
From operations (derived)
+€225,006
Net result for the year
+€123,345
Depreciation
+€182,071
Stocks and contracts
+€5,730
Receivables within one year
+€15,355
Deferred charges and accrued income
-€57,014
Trade debts
-€103,302
Tax, wage and social debts
+€29,972
Accrued charges and deferred income
+€28,848
Investment (derived)
-€378,061
Investment in fixed assets (net)
-€378,061
Financing
+€141,735
Debts after one year
+€148,707
Current portion of long-term debt
+€9,336
Short-term financial debts
+€52,491
Contributions, distributions and other
-€68,799
Cash 2025
€11,434
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,926,952 | €3,147,550 | +€220,598 | +7.5% |
| Fixed assets | 21/28 | €1,829,335 | €2,025,326 | +€195,990 | +10.7% |
| Intangible fixed assets | 21 | €157,874 | €155,280 | -€2,594 | -1.6% |
| Tangible fixed assets | 22/27 | €1,668,084 | €1,866,531 | +€198,447 | +11.9% |
| Land and buildings | 22 | €1,427,769 | €1,681,228 | +€253,459 | +17.8% |
| Plant, machinery and equipment | 23 | €39,089 | €38,149 | -€940 | -2.4% |
| Furniture and vehicles | 24 | €19,768 | €27,146 | +€7,378 | +37.3% |
| Leasing and similar rights | 25 | €153,008 | €120,008 | -€33,000 | -21.6% |
| Assets under construction and advance payments | 27 | €28,450 | - | -€28,450 | |
| Financial fixed assets | 28 | €3,378 | €3,515 | +€137 | +4.1% |
| Current assets | 29/58 | €1,097,617 | €1,122,225 | +€24,608 | +2.2% |
| Stocks and contracts in progress | 3 | €129,923 | €124,193 | -€5,730 | -4.4% |
| Contracts in progress | 37 | €129,923 | €124,193 | -€5,730 | -4.4% |
| Amounts receivable within one year | 40/41 | €927,598 | €912,243 | -€15,355 | -1.7% |
| Trade receivables | 40 | €740,851 | €528,596 | -€212,255 | -28.7% |
| Other amounts receivable | 41 | €186,747 | €383,647 | +€196,900 | +105% |
| Cash at bank and in hand | 54/58 | €22,755 | €11,434 | -€11,321 | -49.8% |
| Deferred charges and accrued income | 490/1 | €17,340 | €74,354 | +€57,014 | +329% |
| Total equity and liabilities | 10/49 | €2,926,952 | €3,147,550 | +€220,598 | +7.5% |
| Equity | 10/15 | €793,833 | €848,379 | +€54,546 | +6.9% |
| Reserves | 13 | €793,833 | €848,379 | +€54,546 | +6.9% |
| Distributable reserves | 133 | €793,833 | €848,379 | +€54,546 | +6.9% |
| Amounts payable | 17/49 | €2,133,119 | €2,299,172 | +€166,052 | +7.8% |
| Amounts payable after more than one year | 17 | €1,159,041 | €1,307,748 | +€148,707 | +12.8% |
| Financial debts | 170/4 | €1,159,041 | €1,307,748 | +€148,707 | +12.8% |
| Amounts payable within one year | 42/48 | €974,078 | €962,576 | -€11,502 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €137,177 | €146,513 | +€9,336 | +6.8% |
| Financial debts | 43 | €323,005 | €375,496 | +€52,491 | +16.3% |
| Credit institutions | 430/8 | €323,005 | €375,496 | +€52,491 | +16.3% |
| Trade debts | 44 | €211,286 | €107,984 | -€103,302 | -48.9% |
| Suppliers | 440/4 | €211,286 | €107,984 | -€103,302 | -48.9% |
| Taxes, remuneration and social security | 45 | €302,610 | €332,583 | +€29,972 | +9.9% |
| Taxes | 450/3 | €117,942 | €154,961 | +€37,019 | +31.4% |
| Remuneration and social security | 454/9 | €184,669 | €177,622 | -€7,047 | -3.8% |
| Accrued charges and deferred income | 492/3 | - | €28,848 | +€28,848 | |
| Remuneration, social security and pensions | 62 | €1,033,720 | €1,153,533 | +€119,813 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,112 | €182,071 | +€22,959 | +14.4% |
| Other operating charges | 640/8 | €6,910 | €16,073 | +€9,163 | +133% |
| Non-recurring operating charges | 66A | - | €74,802 | +€74,802 | |
| Gross operating margin | 9900 | €1,669,916 | €1,691,696 | +€21,780 | +1.3% |
| Operating profit (loss) | 9901 | €470,175 | €265,217 | -€204,957 | -43.6% |
| Financial income | 75/76B | €3,040 | €15,034 | +€11,994 | +394% |
| Recurring financial income | 75 | €3,040 | €15,034 | +€11,994 | +394% |
| Financial charges | 65/66B | €55,275 | €91,257 | +€35,982 | +65.1% |
| Recurring financial charges | 65 | €55,275 | €91,257 | +€35,982 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €417,940 | €188,994 | -€228,946 | -54.8% |
| Income taxes | 67/77 | €132,674 | €65,649 | -€67,025 | -50.5% |
| Profit (loss) for the period | 9904 | €285,266 | €123,345 | -€161,921 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €285,266 | €123,345 | -€161,921 | -56.8% |
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 15 October 2026 via checked.be.