CREATION ET ORGANISATION: 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 ET ORGANISATION
Largest movements
- Cash +€18,610
up €18,610 (+51.7%), from €36,013 to €54,624
mainly Net result for the year (+€18,280) and Other debts (+€9,545)
- Tangible fixed assets -€7,255
down €7,255 (-49.3%), from €14,710 to €7,455
of which Furniture and vehicles: -€6,874
- Deferred charges and accrued income +€4,045
up €4,045 (+283%), from €1,429 to €5,475
- Receivables within one year +€4,029
up €4,029 (+105%), from €3,835 to €7,864
of which Trade receivables: +€3,836
- Current investments +€2,411
up €2,411 (+1.7%), from €145,000 to €147,411
- Profit (loss) carried forward +€18,280
up €18,280 (+11.0%), from -€165,488 to -€147,208
- Other debts +€9,545
up €9,545 (+4.2%), from €226,552 to €236,096
- Accrued charges and deferred income -€7,305
down €7,305 (-56.6%), from €12,897 to €5,592
- Gross operating margin +€10,443
up €10,443 (+57.1%), from €18,287 to €28,730
- Financial charges -€1,610
down €1,610 (-21.9%), from €7,356 to €5,746
- Financial income +€589
up €589 (+20.6%), from €2,864 to €3,453
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 | €201,038 | €222,878 | +€21,841 | +10.9% |
| Fixed assets | 21/28 | €14,760 | €7,505 | -€7,255 | -49.2% |
| Tangible fixed assets | 22/27 | €14,710 | €7,455 | -€7,255 | -49.3% |
| Plant, machinery and equipment | 23 | €717 | €336 | -€381 | -53.1% |
| Furniture and vehicles | 24 | €13,993 | €7,119 | -€6,874 | -49.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €186,277 | €215,373 | +€29,096 | +15.6% |
| Amounts receivable within one year | 40/41 | €3,835 | €7,864 | +€4,029 | +105% |
| Trade receivables | 40 | €3,156 | €6,991 | +€3,836 | +122% |
| Other amounts receivable | 41 | €679 | €872 | +€193 | +28.4% |
| Current investments | 50/53 | €145,000 | €147,411 | +€2,411 | +1.7% |
| Cash at bank and in hand | 54/58 | €36,013 | €54,624 | +€18,610 | +51.7% |
| Deferred charges and accrued income | 490/1 | €1,429 | €5,475 | +€4,045 | +283% |
| Total equity and liabilities | 10/49 | €201,038 | €222,878 | +€21,841 | +10.9% |
| Equity | 10/15 | -€40,488 | -€22,208 | +€18,280 | +45.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,488 | -€147,208 | +€18,280 | +11.0% |
| Amounts payable | 17/49 | €241,525 | €245,086 | +€3,561 | +1.5% |
| Amounts payable within one year | 42/48 | €228,628 | €239,494 | +€10,866 | +4.8% |
| Trade debts | 44 | €476 | €1,724 | +€1,248 | +262% |
| Suppliers | 440/4 | €476 | €1,724 | +€1,248 | +262% |
| Taxes, remuneration and social security | 45 | €1,600 | €1,673 | +€73 | +4.6% |
| Taxes | 450/3 | €1,600 | €1,673 | +€73 | +4.6% |
| Other amounts payable | 47/48 | €226,552 | €236,096 | +€9,545 | +4.2% |
| Accrued charges and deferred income | 492/3 | €12,897 | €5,592 | -€7,305 | -56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,309 | €7,255 | -€54 | -0.7% |
| Other operating charges | 640/8 | €730 | €739 | +€9 | +1.2% |
| Gross operating margin | 9900 | €18,287 | €28,730 | +€10,443 | +57.1% |
| Operating profit (loss) | 9901 | €10,248 | €20,736 | +€10,488 | +102% |
| Financial income | 75/76B | €2,864 | €3,453 | +€589 | +20.6% |
| Recurring financial income | 75 | €2,864 | €3,453 | +€589 | +20.6% |
| Financial charges | 65/66B | €7,356 | €5,746 | -€1,610 | -21.9% |
| Recurring financial charges | 65 | €7,356 | €5,746 | -€1,610 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €5,757 | €18,444 | +€12,687 | +220% |
| Income taxes | 67/77 | €180 | €164 | -€17 | -9.2% |
| Profit (loss) for the period | 9904 | €5,576 | €18,280 | +€12,704 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €5,576 | €18,280 | +€12,704 | +228% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.