CREATION CHOUETTE: 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.
CREATION CHOUETTE
Largest movements
- Receivables within one year +€10,832
up €10,832 (+18.5%), from €58,585 to €69,418
of which Trade receivables: +€23,107
- Tangible fixed assets +€6,332
up €6,332 (+189%), from €3,357 to €9,689
of which Other tangible fixed assets: +€6,524
- Cash -€6,033
down €6,033 (-63.5%), from €9,506 to €3,473
mainly Receivables within one year (-€10,832) and Advances received (-€9,244)
- Trade debts +€19,029
up €19,029 (+94.6%), from €20,117 to €39,147
- Advances received -€9,244
no longer reported in 2025 (was €9,244)
- Profit (loss) carried forward +€5,165
up €5,165 (+18.5%), from €27,994 to €33,159
- Tax, wage and social debts -€3,818
down €3,818 (-63.3%), from €6,032 to €2,214
of which Taxes: -€2,020
- Gross operating margin -€3,254
down €3,254 (-21.7%), from €14,978 to €11,725
- Depreciation +€1,646
up €1,646 (+215%), from €765 to €2,411
- Other operating charges +€1,312
up €1,312 (+231%), from €569 to €1,882
- Staff costs +€1,173
up €1,173 (+105%), from €1,118 to €2,291
- Taxes -€883
down €883 (-37.7%), from €2,344 to €1,461
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 | €71,448 | €82,580 | +€11,132 | +15.6% |
| Fixed assets | 21/28 | €3,357 | €9,689 | +€6,332 | +189% |
| Tangible fixed assets | 22/27 | €3,357 | €9,689 | +€6,332 | +189% |
| Furniture and vehicles | 24 | €3,357 | €3,165 | -€192 | -5.7% |
| Other tangible fixed assets | 26 | - | €6,524 | +€6,524 | |
| Current assets | 29/58 | €68,091 | €72,891 | +€4,800 | +7.0% |
| Amounts receivable within one year | 40/41 | €58,585 | €69,418 | +€10,832 | +18.5% |
| Trade receivables | 40 | €21,639 | €44,746 | +€23,107 | +107% |
| Other amounts receivable | 41 | €36,946 | €24,672 | -€12,274 | -33.2% |
| Cash at bank and in hand | 54/58 | €9,506 | €3,473 | -€6,033 | -63.5% |
| Total equity and liabilities | 10/49 | €71,448 | €82,580 | +€11,132 | +15.6% |
| Equity | 10/15 | €36,054 | €41,219 | +€5,165 | +14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,994 | €33,159 | +€5,165 | +18.5% |
| Amounts payable | 17/49 | €35,394 | €41,361 | +€5,967 | +16.9% |
| Amounts payable within one year | 42/48 | €35,394 | €41,361 | +€5,967 | +16.9% |
| Trade debts | 44 | €20,117 | €39,147 | +€19,029 | +94.6% |
| Suppliers | 440/4 | €20,117 | €39,147 | +€19,029 | +94.6% |
| Advances received on contracts in progress | 46 | €9,244 | - | -€9,244 | |
| Taxes, remuneration and social security | 45 | €6,032 | €2,214 | -€3,818 | -63.3% |
| Taxes | 450/3 | €3,841 | €1,821 | -€2,020 | -52.6% |
| Remuneration and social security | 454/9 | €2,191 | €393 | -€1,799 | -82.1% |
| Remuneration, social security and pensions | 62 | €1,118 | €2,291 | +€1,173 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €2,411 | +€1,646 | +215% |
| Other operating charges | 640/8 | €569 | €1,882 | +€1,312 | +231% |
| Gross operating margin | 9900 | €14,978 | €11,725 | -€3,254 | -21.7% |
| Operating profit (loss) | 9901 | €12,526 | €5,141 | -€7,385 | -59.0% |
| Financial income | 75/76B | €1,734 | €1,626 | -€108 | -6.2% |
| Recurring financial income | 75 | €1,734 | €1,626 | -€108 | -6.2% |
| Financial charges | 65/66B | €758 | €141 | -€617 | -81.4% |
| Recurring financial charges | 65 | €758 | €141 | -€617 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €13,501 | €6,626 | -€6,876 | -50.9% |
| Income taxes | 67/77 | €2,344 | €1,461 | -€883 | -37.7% |
| Profit (loss) for the period | 9904 | €11,158 | €5,165 | -€5,993 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,158 | €5,165 | -€5,993 | -53.7% |
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 24 October 2026 via checked.be.