Creatief Art: 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.
Creatief Art
Largest movements
- Tangible fixed assets -€7,600
down €7,600 (-19.5%), from €38,986 to €31,386
of which Furniture and vehicles: -€4,000
- Intangible fixed assets -€2,000
down €2,000 (-33.3%), from €6,000 to €4,000
- Receivables within one year +€1,887
up €1,887 (+8.7%), from €21,689 to €23,577
of which Trade receivables: +€1,857
- Trade debts -€26,322
down €26,322 (-32.5%), from €80,916 to €54,594
- Short-term financial debts +€23,957
new in 2025: €23,957
- Other debts +€12,347
up €12,347 (+23.5%), from €52,626 to €64,973
- Profit (loss) carried forward -€8,152
down €8,152 (-13.9%), from -€58,626 to -€66,778
- Tax, wage and social debts -€5,553
down €5,553 (-10.4%), from €53,372 to €47,818
of which Remuneration and social security: -€3,144
- Gross operating margin +€6,079
up €6,079 (+9.2%), from €66,408 to €72,488
- Staff costs +€4,724
up €4,724 (+8.5%), from €55,728 to €60,452
- Other operating charges +€1,991
up €1,991 (+66.5%), from €2,995 to €4,986
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,068 | €166,422 | -€10,645 | -6.0% |
| Fixed assets | 21/28 | €44,986 | €35,446 | -€9,541 | -21.2% |
| Intangible fixed assets | 21 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Tangible fixed assets | 22/27 | €38,986 | €31,386 | -€7,600 | -19.5% |
| Plant, machinery and equipment | 23 | €25,200 | €21,600 | -€3,600 | -14.3% |
| Furniture and vehicles | 24 | €13,786 | €9,786 | -€4,000 | -29.0% |
| Financial fixed assets | 28 | - | €59 | +€59 | |
| Current assets | 29/58 | €132,082 | €130,977 | -€1,105 | -0.8% |
| Stocks and contracts in progress | 3 | €109,150 | €107,400 | -€1,750 | -1.6% |
| Stocks | 30/36 | €109,150 | €107,400 | -€1,750 | -1.6% |
| Amounts receivable within one year | 40/41 | €21,689 | €23,577 | +€1,887 | +8.7% |
| Trade receivables | 40 | €17,206 | €19,063 | +€1,857 | +10.8% |
| Other amounts receivable | 41 | €4,483 | €4,514 | +€30 | +0.7% |
| Cash at bank and in hand | 54/58 | €1,049 | - | -€1,049 | |
| Deferred charges and accrued income | 490/1 | €194 | - | -€194 | |
| Total equity and liabilities | 10/49 | €177,068 | €166,422 | -€10,645 | -6.0% |
| Equity | 10/15 | -€20,438 | -€28,590 | -€8,152 | -39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,588 | €19,588 | = | 0.0% |
| Non-distributable reserves | 130/1 | €979 | €979 | = | 0.0% |
| Reserves not available under the articles | 1311 | €979 | €979 | = | 0.0% |
| Distributable reserves | 133 | €18,608 | €18,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,626 | -€66,778 | -€8,152 | -13.9% |
| Amounts payable | 17/49 | €197,506 | €195,013 | -€2,493 | -1.3% |
| Amounts payable after more than one year | 17 | €3,671 | - | -€3,671 | |
| Financial debts | 170/4 | €3,671 | - | -€3,671 | |
| Amounts payable within one year | 42/48 | €193,835 | €195,013 | +€1,178 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €6,922 | €3,671 | -€3,251 | -47.0% |
| Financial debts | 43 | - | €23,957 | +€23,957 | |
| Credit institutions | 430/8 | - | €23,957 | +€23,957 | |
| Trade debts | 44 | €80,916 | €54,594 | -€26,322 | -32.5% |
| Suppliers | 440/4 | €80,916 | €54,594 | -€26,322 | -32.5% |
| Taxes, remuneration and social security | 45 | €53,372 | €47,818 | -€5,553 | -10.4% |
| Taxes | 450/3 | €35,266 | €32,857 | -€2,409 | -6.8% |
| Remuneration and social security | 454/9 | €18,105 | €14,961 | -€3,144 | -17.4% |
| Other amounts payable | 47/48 | €52,626 | €64,973 | +€12,347 | +23.5% |
| Remuneration, social security and pensions | 62 | €55,728 | €60,452 | +€4,724 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,600 | €9,600 | = | 0.0% |
| Other operating charges | 640/8 | €2,995 | €4,986 | +€1,991 | +66.5% |
| Gross operating margin | 9900 | €66,408 | €72,488 | +€6,079 | +9.2% |
| Operating profit (loss) | 9901 | -€1,915 | -€2,551 | -€636 | -33.2% |
| Financial income | 75/76B | €105 | €207 | +€102 | +97.2% |
| Recurring financial income | 75 | €105 | €207 | +€102 | +97.2% |
| Financial charges | 65/66B | €5,476 | €5,808 | +€333 | +6.1% |
| Recurring financial charges | 65 | €5,476 | €5,808 | +€333 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,285 | -€8,152 | -€867 | -11.9% |
| Profit (loss) for the period | 9904 | -€7,285 | -€8,152 | -€867 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,285 | -€8,152 | -€867 | -11.9% |
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.