CREATIF IMAGE: 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.
CREATIF IMAGE
Largest movements
- Receivables within one year +€21,612
up €21,612 (+112%), from €19,318 to €40,929
of which Trade receivables: +€21,575
- Intangible fixed assets +€4,467
new in 2025: €4,467
- Cash -€2,091
down €2,091 (-6.4%), from €32,749 to €30,658
mainly Receivables within one year (-€21,612) and Tax, wage and social debts (-€8,847)
- Trade debts +€22,126
up €22,126 (+353%), from €6,274 to €28,400
- Tax, wage and social debts -€8,847
down €8,847 (-88.8%), from €9,967 to €1,120
- Other debts +€6,012
up €6,012 (+29.9%), from €20,104 to €26,116
- Profit (loss) carried forward +€4,697
up €4,697 (+43.8%), from €10,723 to €15,420
- Gross operating margin -€7,490
down €7,490 (-49.7%), from €15,064 to €7,574
- Taxes -€1,508
down €1,508 (-46.1%), from €3,274 to €1,766
- Other operating charges -€919
down €919 (-91.5%), from €1,004 to €85
- Depreciation +€806
up €806 (+302%), from €267 to €1,073
- Financial charges +€394
up €394, from -€203 to €190
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 | €52,067 | €76,055 | +€23,988 | +46.1% |
| Fixed assets | 21/28 | - | €4,467 | +€4,467 | |
| Intangible fixed assets | 21 | - | €4,467 | +€4,467 | |
| Current assets | 29/58 | €52,067 | €71,588 | +€19,521 | +37.5% |
| Amounts receivable within one year | 40/41 | €19,318 | €40,929 | +€21,612 | +112% |
| Trade receivables | 40 | €12,389 | €33,964 | +€21,575 | +174% |
| Other amounts receivable | 41 | €6,928 | €6,965 | +€37 | +0.5% |
| Cash at bank and in hand | 54/58 | €32,749 | €30,658 | -€2,091 | -6.4% |
| Total equity and liabilities | 10/49 | €52,067 | €76,055 | +€23,988 | +46.1% |
| Equity | 10/15 | €15,723 | €20,420 | +€4,697 | +29.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,723 | €15,420 | +€4,697 | +43.8% |
| Amounts payable | 17/49 | €36,344 | €55,636 | +€19,292 | +53.1% |
| Amounts payable within one year | 42/48 | €36,344 | €55,636 | +€19,292 | +53.1% |
| Trade debts | 44 | €6,274 | €28,400 | +€22,126 | +353% |
| Suppliers | 440/4 | €6,274 | €28,400 | +€22,126 | +353% |
| Taxes, remuneration and social security | 45 | €9,967 | €1,120 | -€8,847 | -88.8% |
| Taxes | 450/3 | €9,967 | €1,120 | -€8,847 | -88.8% |
| Other amounts payable | 47/48 | €20,104 | €26,116 | +€6,012 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €1,073 | +€806 | +302% |
| Other operating charges | 640/8 | €1,004 | €85 | -€919 | -91.5% |
| Gross operating margin | 9900 | €15,064 | €7,574 | -€7,490 | -49.7% |
| Operating profit (loss) | 9901 | €13,794 | €6,416 | -€7,377 | -53.5% |
| Financial income | 75/76B | - | €236 | +€236 | |
| Recurring financial income | 75 | - | €236 | +€236 | |
| Financial charges | 65/66B | -€203 | €190 | +€394 | |
| Recurring financial charges | 65 | -€203 | €190 | +€394 | |
| Profit (loss) for the period before taxes | 9903 | €13,997 | €6,462 | -€7,535 | -53.8% |
| Income taxes | 67/77 | €3,274 | €1,766 | -€1,508 | -46.1% |
| Profit (loss) for the period | 9904 | €10,723 | €4,697 | -€6,026 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,723 | €4,697 | -€6,026 | -56.2% |
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 13 October 2026 via checked.be.