CREATIEF ONDERNEMEN: what changed
What changed
CREATIEF ONDERNEMEN
NACE 71.112, Activities of interior architects
filed annual accounts (NBB)
Net result for the year
€62,254
2024 · €144,459-€82,204
Equity
€647,645
2024 · €585,390+€62,254
Cash
€186,286
2024 · €148,493+€37,793
Balance sheet total
€998,677
2024 · €1.3m-€298,907
Largest movements
Assets
- Receivables within one year -€215,875
down €215,875 (-81.5%), from €264,952 to €49,077
of which Other amounts receivable: -€216,890
- Tangible fixed assets -€118,824
down €118,824 (-13.5%), from €881,729 to €762,905
of which Land and buildings: -€120,373
- Cash +€37,793
up €37,793 (+25.5%), from €148,493 to €186,286
mainly Receivables within one year (+€215,875) and Investment in fixed assets (net) (+€90,836)
Equity and liabilities
- Short-term financial debts -€313,500
down €313,500 (-66.9%), from €468,500 to €155,000
- Reserves +€62,254
up €62,254 (+11.9%), from €522,890 to €585,145
of which Distributable reserves: +€72,577
- Other debts -€21,475
down €21,475 (-34.3%), from €62,680 to €41,205
- Tax, wage and social debts -€14,022
down €14,022 (-83.6%), from €16,781 to €2,758
of which Taxes: -€11,853
Income statement
- Gross operating margin -€132,417
down €132,417 (-45.5%), from €291,089 to €158,671
- Taxes -€26,693
down €26,693 (-59.4%), from €44,944 to €18,250
- Other operating charges -€6,737
down €6,737 (-15.3%), from €43,965 to €37,228
- Depreciation -€4,606
down €4,606 (-13.3%), from €34,594 to €29,988
- Financial income +€3,641
up €3,641 (+174%), from €2,091 to €5,732
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€144,459
Gross operating margin
-€132,417
Depreciation
+€4,606
Other operating charges
+€6,737
Other operating items
+€6,330
Financial income
+€3,641
Financial charges
-€1,289
Taxes
+€26,693
Deferred taxes and other
+€3,494
Result 2025
€62,254
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€267,999
Investment
+€90,836
Financing
-€321,042
Cash 2024
€148,493
From operations (derived)
+€267,999
Net result for the year
+€62,254
Depreciation
+€29,988
Receivables within one year
+€215,875
Provisions
-€3,494
Trade debts
-€1,128
Tax, wage and social debts
-€14,022
Other debts
-€21,475
Investment (derived)
+€90,836
Investment in fixed assets (net)
+€90,836
Financing
-€321,042
Debts after one year
-€7,717
Current portion of long-term debt
+€175
Short-term financial debts
-€313,500
Cash 2025
€186,286
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,297,583 | €998,677 | -€298,907 | -23.0% |
| Fixed assets | 21/28 | €884,138 | €763,314 | -€120,824 | -13.7% |
| Tangible fixed assets | 22/27 | €881,729 | €762,905 | -€118,824 | -13.5% |
| Land and buildings | 22 | €876,259 | €755,886 | -€120,373 | -13.7% |
| Plant, machinery and equipment | 23 | €5,470 | €4,740 | -€730 | -13.3% |
| Furniture and vehicles | 24 | - | €2,279 | +€2,279 | |
| Financial fixed assets | 28 | €2,409 | €409 | -€2,000 | -83.0% |
| Current assets | 29/58 | €413,445 | €235,363 | -€178,082 | -43.1% |
| Amounts receivable within one year | 40/41 | €264,952 | €49,077 | -€215,875 | -81.5% |
| Trade receivables | 40 | €11,037 | €12,051 | +€1,015 | +9.2% |
| Other amounts receivable | 41 | €253,915 | €37,025 | -€216,890 | -85.4% |
| Cash at bank and in hand | 54/58 | €148,493 | €186,286 | +€37,793 | +25.5% |
| Total equity and liabilities | 10/49 | €1,297,583 | €998,677 | -€298,907 | -23.0% |
| Equity | 10/15 | €585,390 | €647,645 | +€62,254 | +10.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €522,890 | €585,145 | +€62,254 | +11.9% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €166,106 | €155,783 | -€10,323 | -6.2% |
| Distributable reserves | 133 | €350,534 | €423,111 | +€72,577 | +20.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €68,220 | €64,726 | -€3,494 | -5.1% |
| Deferred taxes | 168 | €68,220 | €64,726 | -€3,494 | -5.1% |
| Amounts payable | 17/49 | €643,973 | €286,306 | -€357,667 | -55.5% |
| Amounts payable after more than one year | 17 | €69,294 | €61,577 | -€7,717 | -11.1% |
| Financial debts | 170/4 | €69,294 | €61,577 | -€7,717 | -11.1% |
| Amounts payable within one year | 42/48 | €574,679 | €224,730 | -€349,950 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €10,792 | €10,967 | +€175 | +1.6% |
| Financial debts | 43 | €468,500 | €155,000 | -€313,500 | -66.9% |
| Credit institutions | 430/8 | €468,500 | €155,000 | -€313,500 | -66.9% |
| Trade debts | 44 | €15,926 | €14,798 | -€1,128 | -7.1% |
| Suppliers | 440/4 | €15,926 | €14,798 | -€1,128 | -7.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,781 | €2,758 | -€14,022 | -83.6% |
| Taxes | 450/3 | €14,111 | €2,258 | -€11,853 | -84.0% |
| Remuneration and social security | 454/9 | €2,670 | €500 | -€2,170 | -81.3% |
| Other amounts payable | 47/48 | €62,680 | €41,205 | -€21,475 | -34.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €267,349 | €110,832 | -€156,517 | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,594 | €29,988 | -€4,606 | -13.3% |
| Other operating charges | 640/8 | €43,965 | €37,228 | -€6,737 | -15.3% |
| Non-recurring operating charges | 66A | €6,330 | €0 | -€6,330 | -100% |
| Gross operating margin | 9900 | €291,089 | €158,671 | -€132,417 | -45.5% |
| Operating profit (loss) | 9901 | €206,200 | €91,456 | -€114,744 | -55.6% |
| Financial income | 75/76B | €2,091 | €5,732 | +€3,641 | +174% |
| Recurring financial income | 75 | €2,091 | €5,732 | +€3,641 | +174% |
| Financial charges | 65/66B | €18,889 | €20,178 | +€1,289 | +6.8% |
| Recurring financial charges | 65 | €18,889 | €20,178 | +€1,289 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €189,402 | €77,011 | -€112,392 | -59.3% |
| Transfer from deferred taxes | 780 | - | €3,494 | +€3,494 | |
| Income taxes | 67/77 | €44,944 | €18,250 | -€26,693 | -59.4% |
| Profit (loss) for the period | 9904 | €144,459 | €62,254 | -€82,204 | -56.9% |
| Transfer from tax-exempt reserves | 789 | €13,817 | €10,323 | -€3,494 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €158,276 | €72,577 | -€85,698 | -54.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.