CREATIEVE BOUW: 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.
CREATIEVE BOUW
Largest movements
- Receivables within one year +€80,956
up €80,956 (+281%), from €28,856 to €109,812
of which Trade receivables: +€68,322
- Tangible fixed assets -€15,627
down €15,627 (-73.4%), from €21,297 to €5,670
of which Leasing and similar rights: -€12,000
- Stocks and contracts -€5,600
no longer reported in 2025 (was €5,600)
- Cash -€1,166
down €1,166 (-99.5%), from €1,171 to €6
mainly Receivables within one year (-€80,956) and Debts after one year (-€8,294)
- Trade debts +€31,955
up €31,955 (+384%), from €8,331 to €40,286
- Profit (loss) carried forward +€13,122
up €13,122 (+127%), from €10,346 to €23,468
- Tax, wage and social debts +€9,994
up €9,994 (+298%), from €3,357 to €13,351
of which Taxes: +€5,609
- Debts after one year -€8,294
down €8,294 (-61.2%), from €13,555 to €5,261
- Short-term financial debts +€6,880
new in 2025: €6,880
- Gross operating margin -€34,231
down €34,231 (-45.2%), from €75,751 to €41,520
- Staff costs -€32,780
down €32,780 (-86.6%), from €37,831 to €5,051
- Other operating charges -€11,258
down €11,258 (-95.2%), from €11,828 to €569
- Depreciation +€5,325
up €5,325 (+45.5%), from €11,698 to €17,023
- Financial charges +€1,443
up €1,443 (+149%), from €966 to €2,409
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 | €57,105 | €115,703 | +€58,598 | +103% |
| Fixed assets | 21/28 | €21,297 | €5,670 | -€15,627 | -73.4% |
| Tangible fixed assets | 22/27 | €21,297 | €5,670 | -€15,627 | -73.4% |
| Furniture and vehicles | 24 | €4,838 | €1,210 | -€3,627 | -75.0% |
| Leasing and similar rights | 25 | €16,459 | €4,459 | -€12,000 | -72.9% |
| Current assets | 29/58 | €35,808 | €110,034 | +€74,225 | +207% |
| Stocks and contracts in progress | 3 | €5,600 | - | -€5,600 | |
| Contracts in progress | 37 | €5,600 | - | -€5,600 | |
| Amounts receivable within one year | 40/41 | €28,856 | €109,812 | +€80,956 | +281% |
| Trade receivables | 40 | €25,822 | €94,144 | +€68,322 | +265% |
| Other amounts receivable | 41 | €3,034 | €15,668 | +€12,634 | +416% |
| Cash at bank and in hand | 54/58 | €1,171 | €6 | -€1,166 | -99.5% |
| Deferred charges and accrued income | 490/1 | €181 | €216 | +€35 | +19.2% |
| Total equity and liabilities | 10/49 | €57,105 | €115,703 | +€58,598 | +103% |
| Equity | 10/15 | €15,346 | €28,468 | +€13,122 | +85.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,346 | €23,468 | +€13,122 | +127% |
| Amounts payable | 17/49 | €41,759 | €87,235 | +€45,475 | +109% |
| Amounts payable after more than one year | 17 | €13,555 | €5,261 | -€8,294 | -61.2% |
| Financial debts | 170/4 | €13,555 | €5,261 | -€8,294 | -61.2% |
| Amounts payable within one year | 42/48 | €28,204 | €75,974 | +€47,770 | +169% |
| Current portion of amounts payable after more than one year | 42 | €16,245 | €15,457 | -€788 | -4.9% |
| Financial debts | 43 | - | €6,880 | +€6,880 | |
| Credit institutions | 430/8 | - | €6,880 | +€6,880 | |
| Trade debts | 44 | €8,331 | €40,286 | +€31,955 | +384% |
| Suppliers | 440/4 | €8,331 | €40,286 | +€31,955 | +384% |
| Taxes, remuneration and social security | 45 | €3,357 | €13,351 | +€9,994 | +298% |
| Taxes | 450/3 | €3,082 | €8,691 | +€5,609 | +182% |
| Remuneration and social security | 454/9 | €275 | €4,660 | +€4,385 | +1,595% |
| Other amounts payable | 47/48 | €271 | - | -€271 | |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €37,831 | €5,051 | -€32,780 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,698 | €17,023 | +€5,325 | +45.5% |
| Other operating charges | 640/8 | €11,828 | €569 | -€11,258 | -95.2% |
| Gross operating margin | 9900 | €75,751 | €41,520 | -€34,231 | -45.2% |
| Operating profit (loss) | 9901 | €14,394 | €18,877 | +€4,483 | +31.1% |
| Financial income | 75/76B | €0 | €425 | +€424 | +606,386% |
| Recurring financial income | 75 | €0 | €425 | +€424 | +606,386% |
| Financial charges | 65/66B | €966 | €2,409 | +€1,443 | +149% |
| Recurring financial charges | 65 | €966 | €2,409 | +€1,443 | +149% |
| Profit (loss) for the period before taxes | 9903 | €13,428 | €16,893 | +€3,465 | +25.8% |
| Income taxes | 67/77 | €3,082 | €3,770 | +€688 | +22.3% |
| Profit (loss) for the period | 9904 | €10,346 | €13,122 | +€2,776 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,346 | €13,122 | +€2,776 | +26.8% |
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 16 October 2026 via checked.be.