CREATION BAUMANN: what changed
Two fiscal 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.
CREATION BAUMANN
Largest movements
- Cash -€78,629
down €78,629 (-29.7%), from €265,118 to €186,490
mainly Net result for the year (-€133,305) and Receivables within one year (-€33,995)
- Receivables within one year +€33,995
up €33,995 (+34.5%), from €98,465 to €132,460
of which Trade receivables: +€33,995
- Tangible fixed assets -€10,098
down €10,098 (-70.7%), from €14,275 to €4,177
- Profit (loss) carried forward -€133,305
down €133,305 (-42.9%), from -€310,396 to -€443,701
- Trade debts +€82,446
up €82,446 (+16.0%), from €516,108 to €598,554
- Gross operating margin -€122,737
down €122,737 (-53.6%), from €228,904 to €106,167
- Staff costs -€43,981
down €43,981 (-17.5%), from €251,309 to €207,328
- Other operating charges +€17,017
up €17,017 (+1241.6%), from €1,371 to €18,388
- Write-downs -€12,361
down €12,361 (-100.0%), from €12,361 to €0
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.
Cash bridge derived
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 | €379,682 | €325,190 | -€54,492 | -14.4% |
| Fixed assets | 21/28 | €14,327 | €4,229 | -€10,098 | -70.5% |
| Tangible fixed assets | 22/27 | €14,275 | €4,177 | -€10,098 | -70.7% |
| Furniture and vehicles | 24 | €14,275 | €4,177 | -€10,098 | -70.7% |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €365,355 | €320,960 | -€44,395 | -12.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €98,465 | €132,460 | +€33,995 | +34.5% |
| Trade receivables | 40 | €98,435 | €132,430 | +€33,995 | +34.5% |
| Other amounts receivable | 41 | €30 | €30 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €265,118 | €186,490 | -€78,629 | -29.7% |
| Deferred charges and accrued income | 490/1 | €1,772 | €2,010 | +€239 | +13.5% |
| Total equity and liabilities | 10/49 | €379,682 | €325,190 | -€54,492 | -14.4% |
| Equity | 10/15 | -€173,210 | -€306,515 | -€133,305 | -77.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €75,187 | €75,187 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €68,987 | €68,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€310,396 | -€443,701 | -€133,305 | -42.9% |
| Amounts payable | 17/49 | €552,892 | €631,704 | +€78,812 | +14.3% |
| Amounts payable within one year | 42/48 | €552,892 | €631,704 | +€78,812 | +14.3% |
| Trade debts | 44 | €516,108 | €598,554 | +€82,446 | +16.0% |
| Suppliers | 440/4 | €516,108 | €598,554 | +€82,446 | +16.0% |
| Taxes, remuneration and social security | 45 | €36,784 | €33,150 | -€3,634 | -9.9% |
| Taxes | 450/3 | €10,168 | €6,554 | -€3,614 | -35.5% |
| Remuneration and social security | 454/9 | €26,616 | €26,596 | -€21 | -0.1% |
| Remuneration, social security and pensions | 62 | €251,309 | €207,328 | -€43,981 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,125 | €10,098 | -€28 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,361 | €0 | -€12,361 | -100.0% |
| Other operating charges | 640/8 | €1,371 | €18,388 | +€17,017 | +1241.6% |
| Gross operating margin | 9900 | €228,904 | €106,167 | -€122,737 | -53.6% |
| Operating profit (loss) | 9901 | -€46,263 | -€129,647 | -€83,384 | -180.2% |
| Financial income | 75/76B | €243 | €383 | +€140 | +57.8% |
| Recurring financial income | 75 | €243 | €383 | +€140 | +57.8% |
| Financial charges | 65/66B | €4,910 | €3,868 | -€1,042 | -21.2% |
| Recurring financial charges | 65 | €4,910 | €3,868 | -€1,042 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€50,930 | -€133,132 | -€82,202 | -161.4% |
| Income taxes | 67/77 | €162 | €173 | +€12 | +7.2% |
| Profit (loss) for the period | 9904 | -€51,091 | -€133,305 | -€82,213 | -160.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,091 | -€133,305 | -€82,213 | -160.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.