CREATIONS: 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.
CREATIONS
Largest movements
- Tangible fixed assets +€5,693
up €5,693 (+16.1%), from €35,303 to €40,996
of which Furniture and vehicles: +€13,029
- Cash -€1,991
down €1,991 (-16.8%), from €11,878 to €9,888
mainly Net result for the year (-€21,237) and Trade debts (-€16,170)
- Other debts +€21,979
up €21,979 (+47.5%), from €46,270 to €68,249
- Profit (loss) carried forward -€21,237
down €21,237 (-25.3%), from -€84,030 to -€105,267
- Tax, wage and social debts +€19,825
up €19,825 (+68.0%), from €29,172 to €48,997
of which Remuneration and social security: +€13,499
- Trade debts -€16,170
down €16,170 (-90.9%), from €17,790 to €1,620
- Accrued charges and deferred income -€1,799
no longer reported in 2025 (was €1,799)
- Gross operating margin +€20,258
up €20,258 (+19.4%), from €104,215 to €124,473
- Staff costs +€13,118
up €13,118 (+11.4%), from €114,614 to €127,732
- Depreciation +€3,979
up €3,979 (+78.2%), from €5,087 to €9,066
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 | €64,175 | €66,773 | +€2,599 | +4.0% |
| Fixed assets | 21/28 | €35,303 | €40,996 | +€5,693 | +16.1% |
| Tangible fixed assets | 22/27 | €35,303 | €40,996 | +€5,693 | +16.1% |
| Plant, machinery and equipment | 23 | €2,153 | €1,119 | -€1,033 | -48.0% |
| Furniture and vehicles | 24 | €4,858 | €17,888 | +€13,029 | +268% |
| Other tangible fixed assets | 26 | €28,292 | €21,989 | -€6,303 | -22.3% |
| Current assets | 29/58 | €28,871 | €25,777 | -€3,094 | -10.7% |
| Stocks and contracts in progress | 3 | €15,529 | €14,864 | -€665 | -4.3% |
| Stocks | 30/36 | €15,529 | €14,864 | -€665 | -4.3% |
| Amounts receivable within one year | 40/41 | €716 | €216 | -€500 | -69.9% |
| Other amounts receivable | 41 | €716 | €216 | -€500 | -69.9% |
| Cash at bank and in hand | 54/58 | €11,878 | €9,888 | -€1,991 | -16.8% |
| Deferred charges and accrued income | 490/1 | €748 | €810 | +€62 | +8.2% |
| Total equity and liabilities | 10/49 | €64,175 | €66,773 | +€2,599 | +4.0% |
| Equity | 10/15 | -€30,857 | -€52,093 | -€21,237 | -68.8% |
| Contributions | 10/11 | €53,173 | €53,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,030 | -€105,267 | -€21,237 | -25.3% |
| Amounts payable | 17/49 | €95,032 | €118,867 | +€23,835 | +25.1% |
| Amounts payable within one year | 42/48 | €93,232 | €118,867 | +€25,634 | +27.5% |
| Trade debts | 44 | €17,790 | €1,620 | -€16,170 | -90.9% |
| Suppliers | 440/4 | €17,790 | €1,620 | -€16,170 | -90.9% |
| Taxes, remuneration and social security | 45 | €29,172 | €48,997 | +€19,825 | +68.0% |
| Taxes | 450/3 | €7,791 | €14,117 | +€6,326 | +81.2% |
| Remuneration and social security | 454/9 | €21,381 | €34,880 | +€13,499 | +63.1% |
| Other amounts payable | 47/48 | €46,270 | €68,249 | +€21,979 | +47.5% |
| Accrued charges and deferred income | 492/3 | €1,799 | - | -€1,799 | |
| Non-recurring operating income | 76A | €1,600 | €2,582 | +€982 | +61.4% |
| Remuneration, social security and pensions | 62 | €114,614 | €127,732 | +€13,118 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,087 | €9,066 | +€3,979 | +78.2% |
| Other operating charges | 640/8 | €6,414 | €7,276 | +€863 | +13.4% |
| Non-recurring operating charges | 66A | €663 | €380 | -€283 | -42.7% |
| Gross operating margin | 9900 | €104,215 | €124,473 | +€20,258 | +19.4% |
| Operating profit (loss) | 9901 | -€22,563 | -€19,982 | +€2,581 | +11.4% |
| Financial income | 75/76B | €46 | €220 | +€174 | +375% |
| Recurring financial income | 75 | €46 | €220 | +€174 | +375% |
| Financial charges | 65/66B | €1,444 | €1,231 | -€213 | -14.7% |
| Recurring financial charges | 65 | €1,444 | €1,231 | -€213 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,961 | -€20,993 | +€2,968 | +12.4% |
| Income taxes | 67/77 | €144 | €244 | +€100 | +69.8% |
| Profit (loss) for the period | 9904 | -€24,104 | -€21,237 | +€2,868 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,104 | -€21,237 | +€2,868 | +11.9% |
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 20 October 2026 via checked.be.