CREATION & SPACE: 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 & SPACE
Largest movements
- Receivables within one year -€35,111
down €35,111 (-21.1%), from €166,587 to €131,476
of which Other amounts receivable: -€39,061
- Reserves -€40,000
down €40,000 (-39.3%), from €101,875 to €61,875
of which Distributable reserves: -€40,000
- Other debts +€35,000
new in 2025: €35,000
- Short-term financial debts -€24,958
no longer reported in 2025 (was €24,958)
- Tax, wage and social debts -€7,383
down €7,383 (-89.9%), from €8,210 to €827
- Trade debts +€1,843
up €1,843 (+8.9%), from €20,662 to €22,505
- Gross operating margin +€10,870
up €10,870 (+86.9%), from -€12,509 to -€1,639
- Financial income -€1,636
down €1,636 (-24.6%), from €6,661 to €5,025
- Financial charges +€1,536
up €1,536 (+38.6%), from €3,977 to €5,513
- Depreciation -€448
down €448 (-52.5%), from €852 to €405
- Other operating charges +€170
up €170 (+14.5%), from €1,170 to €1,340
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 | €177,919 | €140,802 | -€37,118 | -20.9% |
| Fixed assets | 21/28 | €590 | €186 | -€405 | -68.6% |
| Tangible fixed assets | 22/27 | €590 | €186 | -€405 | -68.6% |
| Furniture and vehicles | 24 | €590 | €186 | -€405 | -68.6% |
| Current assets | 29/58 | €177,329 | €140,616 | -€36,713 | -20.7% |
| Amounts receivable within one year | 40/41 | €166,587 | €131,476 | -€35,111 | -21.1% |
| Trade receivables | 40 | €14,850 | €18,800 | +€3,950 | +26.6% |
| Other amounts receivable | 41 | €151,737 | €112,676 | -€39,061 | -25.7% |
| Cash at bank and in hand | 54/58 | €4,081 | €4,115 | +€34 | +0.8% |
| Deferred charges and accrued income | 490/1 | €6,661 | €5,025 | -€1,636 | -24.6% |
| Total equity and liabilities | 10/49 | €177,919 | €140,802 | -€37,118 | -20.9% |
| Equity | 10/15 | €124,089 | €82,469 | -€41,620 | -33.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €101,875 | €61,875 | -€40,000 | -39.3% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €60,000 | -€40,000 | -40.0% |
| Profit (loss) carried forward | 14 | €3,464 | €1,844 | -€1,620 | -46.8% |
| Amounts payable | 17/49 | €53,830 | €58,332 | +€4,502 | +8.4% |
| Amounts payable within one year | 42/48 | €53,830 | €58,332 | +€4,502 | +8.4% |
| Financial debts | 43 | €24,958 | - | -€24,958 | |
| Credit institutions | 430/8 | €24,958 | - | -€24,958 | |
| Trade debts | 44 | €20,662 | €22,505 | +€1,843 | +8.9% |
| Suppliers | 440/4 | €20,662 | €22,505 | +€1,843 | +8.9% |
| Taxes, remuneration and social security | 45 | €8,210 | €827 | -€7,383 | -89.9% |
| Taxes | 450/3 | €8,210 | €827 | -€7,383 | -89.9% |
| Other amounts payable | 47/48 | - | €35,000 | +€35,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €405 | -€448 | -52.5% |
| Other operating charges | 640/8 | €1,170 | €1,340 | +€170 | +14.5% |
| Non-recurring operating charges | 66A | €1,770 | €2,749 | +€979 | +55.3% |
| Gross operating margin | 9900 | -€12,509 | -€1,639 | +€10,870 | +86.9% |
| Operating profit (loss) | 9901 | -€16,302 | -€6,132 | +€10,169 | +62.4% |
| Financial income | 75/76B | €6,661 | €5,025 | -€1,636 | -24.6% |
| Recurring financial income | 75 | €6,661 | €5,025 | -€1,636 | -24.6% |
| Financial charges | 65/66B | €3,977 | €5,513 | +€1,536 | +38.6% |
| Recurring financial charges | 65 | €3,977 | €5,513 | +€1,536 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,618 | -€6,620 | +€6,998 | +51.4% |
| Profit (loss) for the period | 9904 | -€13,618 | -€6,620 | +€6,998 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,618 | -€6,620 | +€6,998 | +51.4% |
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 6 October 2026 via checked.be.