Creation In Style: 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 In Style
Largest movements
- Receivables after one year -€15,000
down €15,000 (-6.5%), from €231,395 to €216,395
- Cash +€10,194
up €10,194 (+1,013%), from €1,006 to €11,200
mainly Receivables after one year (+€15,000) and Net result for the year (+€8,013)
- Reserves +€8,013
up €8,013 (+6.1%), from €131,607 to €139,620
of which Distributable reserves: +€8,013
- Tax, wage and social debts -€7,910
down €7,910 (-51.8%), from €15,272 to €7,363
- Other debts -€3,880
down €3,880 (-100%), from €3,880 to €0
- Gross operating margin +€16,028
up €16,028, from -€3,488 to €12,541
- Taxes +€4,622
up €4,622 (+622%), from €743 to €5,366
- Financial charges +€3,934
up €3,934 (+853%), from €461 to €4,395
- Financial income -€810
down €810 (-12.2%), from €6,653 to €5,843
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 | €259,173 | €254,512 | -€4,660 | -1.8% |
| Current assets | 29/58 | €259,173 | €254,512 | -€4,660 | -1.8% |
| Amounts receivable after more than one year | 29 | €231,395 | €216,395 | -€15,000 | -6.5% |
| Other amounts receivable | 291 | €231,395 | €216,395 | -€15,000 | -6.5% |
| Stocks and contracts in progress | 3 | €316 | €316 | = | 0.0% |
| Stocks | 30/36 | €316 | €316 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,804 | €20,760 | +€956 | +4.8% |
| Trade receivables | 40 | €4,000 | €3,208 | -€792 | -19.8% |
| Other amounts receivable | 41 | €15,804 | €17,552 | +€1,748 | +11.1% |
| Cash at bank and in hand | 54/58 | €1,006 | €11,200 | +€10,194 | +1,013% |
| Deferred charges and accrued income | 490/1 | €6,653 | €5,843 | -€810 | -12.2% |
| Total equity and liabilities | 10/49 | €259,173 | €254,512 | -€4,660 | -1.8% |
| Equity | 10/15 | €238,607 | €246,620 | +€8,013 | +3.4% |
| Contributions | 10/11 | €107,000 | €107,000 | = | 0.0% |
| Capital | 10 | €107,000 | €107,000 | = | 0.0% |
| Issued capital | 100 | €107,000 | €107,000 | = | 0.0% |
| Reserves | 13 | €131,607 | €139,620 | +€8,013 | +6.1% |
| Non-distributable reserves | 130/1 | €7,700 | €7,700 | = | 0.0% |
| Legal reserve | 130 | €7,700 | €7,700 | = | 0.0% |
| Distributable reserves | 133 | €123,907 | €131,920 | +€8,013 | +6.5% |
| Amounts payable | 17/49 | €20,565 | €7,892 | -€12,673 | -61.6% |
| Amounts payable within one year | 42/48 | €20,178 | €7,363 | -€12,815 | -63.5% |
| Trade debts | 44 | €1,025 | €0 | -€1,025 | -100% |
| Suppliers | 440/4 | €1,025 | €0 | -€1,025 | -100% |
| Taxes, remuneration and social security | 45 | €15,272 | €7,363 | -€7,910 | -51.8% |
| Taxes | 450/3 | €15,272 | €7,363 | -€7,910 | -51.8% |
| Other amounts payable | 47/48 | €3,880 | €0 | -€3,880 | -100% |
| Accrued charges and deferred income | 492/3 | €388 | €529 | +€142 | +36.5% |
| Other operating charges | 640/8 | €528 | €610 | +€82 | +15.6% |
| Gross operating margin | 9900 | -€3,488 | €12,541 | +€16,028 | |
| Operating profit (loss) | 9901 | -€4,016 | €11,931 | +€15,946 | |
| Financial income | 75/76B | €6,653 | €5,843 | -€810 | -12.2% |
| Recurring financial income | 75 | €6,653 | €5,843 | -€810 | -12.2% |
| Financial charges | 65/66B | €461 | €4,395 | +€3,934 | +853% |
| Recurring financial charges | 65 | €461 | €4,395 | +€3,934 | +853% |
| Profit (loss) for the period before taxes | 9903 | €2,176 | €13,378 | +€11,203 | +515% |
| Income taxes | 67/77 | €743 | €5,366 | +€4,622 | +622% |
| Profit (loss) for the period | 9904 | €1,432 | €8,013 | +€6,580 | +459% |
| Profit (loss) for the period to be appropriated | 9905 | €1,432 | €8,013 | +€6,580 | +459% |
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 29 October 2026 via checked.be.