Creations Factory: 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 Factory
Largest movements
- Stocks and contracts -€601,794
down €601,794 (-60.3%), from €997,896 to €396,102
- Tangible fixed assets +€21,626
up €21,626 (+196%), from €11,014 to €32,640
of which Furniture and vehicles: +€21,944
- Cash +€10,557
up €10,557 (+131%), from €8,054 to €18,611
mainly Stocks and contracts (+€601,794) and Net result for the year (+€28,523)
- Debts after one year -€427,988
down €427,988 (-58.4%), from €732,396 to €304,408
- Other debts -€163,878
down €163,878 (-60.5%), from €271,011 to €107,133
- Profit (loss) carried forward +€28,523
up €28,523 (+99.9%), from -€28,545 to -€22
- Gross operating margin +€41,832
up €41,832 (+188%), from €22,278 to €64,111
- Financial charges +€10,916
up €10,916 (+100%), from €10,913 to €21,829
- Depreciation +€5,834
up €5,834 (+137%), from €4,262 to €10,096
- Taxes +€1,329
new in 2025: €1,329
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 | €1,019,521 | €449,439 | -€570,082 | -55.9% |
| Fixed assets | 21/28 | €11,014 | €32,640 | +€21,626 | +196% |
| Tangible fixed assets | 22/27 | €11,014 | €32,640 | +€21,626 | +196% |
| Plant, machinery and equipment | 23 | €964 | €646 | -€318 | -33.0% |
| Furniture and vehicles | 24 | €10,050 | €31,994 | +€21,944 | +218% |
| Current assets | 29/58 | €1,008,507 | €416,799 | -€591,708 | -58.7% |
| Stocks and contracts in progress | 3 | €997,896 | €396,102 | -€601,794 | -60.3% |
| Stocks | 30/36 | €997,896 | €396,102 | -€601,794 | -60.3% |
| Amounts receivable within one year | 40/41 | - | €611 | +€611 | |
| Other amounts receivable | 41 | - | €611 | +€611 | |
| Current investments | 50/53 | €1,250 | €1,475 | +€225 | +18.0% |
| Cash at bank and in hand | 54/58 | €8,054 | €18,611 | +€10,557 | +131% |
| Deferred charges and accrued income | 490/1 | €1,306 | - | -€1,306 | |
| Total equity and liabilities | 10/49 | €1,019,521 | €449,439 | -€570,082 | -55.9% |
| Equity | 10/15 | -€1,448 | €27,074 | +€28,523 | |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €26,897 | €26,897 | = | 0.0% |
| Distributable reserves | 133 | €26,897 | €26,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,545 | -€22 | +€28,523 | +99.9% |
| Amounts payable | 17/49 | €1,020,969 | €422,365 | -€598,604 | -58.6% |
| Amounts payable after more than one year | 17 | €732,396 | €304,408 | -€427,988 | -58.4% |
| Financial debts | 170/4 | €732,396 | €304,408 | -€427,988 | -58.4% |
| Amounts payable within one year | 42/48 | €288,573 | €117,956 | -€170,616 | -59.1% |
| Current portion of amounts payable after more than one year | 42 | €2,643 | €5,602 | +€2,959 | +112% |
| Trade debts | 44 | €10,040 | €3,235 | -€6,806 | -67.8% |
| Suppliers | 440/4 | €10,040 | €3,235 | -€6,806 | -67.8% |
| Taxes, remuneration and social security | 45 | €4,878 | €1,987 | -€2,891 | -59.3% |
| Taxes | 450/3 | €4,878 | €1,987 | -€2,891 | -59.3% |
| Other amounts payable | 47/48 | €271,011 | €107,133 | -€163,878 | -60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,262 | €10,096 | +€5,834 | +137% |
| Other operating charges | 640/8 | €2,198 | €2,459 | +€260 | +11.8% |
| Gross operating margin | 9900 | €22,278 | €64,111 | +€41,832 | +188% |
| Operating profit (loss) | 9901 | €15,818 | €51,556 | +€35,738 | +226% |
| Financial income | 75/76B | €12 | €124 | +€112 | +903% |
| Recurring financial income | 75 | €12 | €124 | +€112 | +903% |
| Financial charges | 65/66B | €10,913 | €21,829 | +€10,916 | +100% |
| Recurring financial charges | 65 | €10,913 | €21,829 | +€10,916 | +100% |
| Profit (loss) for the period before taxes | 9903 | €4,917 | €29,852 | +€24,934 | +507% |
| Income taxes | 67/77 | - | €1,329 | +€1,329 | |
| Profit (loss) for the period | 9904 | €4,917 | €28,523 | +€23,605 | +480% |
| Profit (loss) for the period to be appropriated | 9905 | €4,917 | €28,523 | +€23,605 | +480% |
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 19 October 2026 via checked.be.