CREATIV CONSTRUCT: 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.
CREATIV CONSTRUCT
Largest movements
- Stocks and contracts +€21,250
new in 2025: €21,250
- Receivables within one year +€19,829
up €19,829 (+8.0%), from €246,774 to €266,604
of which Trade receivables: +€26,929
- Deferred charges and accrued income +€17,957
up €17,957 (+181.1%), from €9,917 to €27,874
- Tangible fixed assets -€4,240
down €4,240 (-37.9%), from €11,178 to €6,938
- Trade debts +€48,631
up €48,631 (+1429.9%), from €3,401 to €52,032
- Gross operating margin -€71,838
down €71,838 (-86.3%), from €83,216 to €11,378
- Taxes -€19,258
down €19,258 (-91.2%), from €21,107 to €1,850
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 | €275,417 | €328,441 | +€53,024 | +19.3% |
| Fixed assets | 21/28 | €11,223 | €6,983 | -€4,240 | -37.8% |
| Tangible fixed assets | 22/27 | €11,178 | €6,938 | -€4,240 | -37.9% |
| Furniture and vehicles | 24 | €11,178 | €6,938 | -€4,240 | -37.9% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €264,194 | €321,458 | +€57,264 | +21.7% |
| Stocks and contracts in progress | 3 | - | €21,250 | +€21,250 | |
| Stocks | 30/36 | - | €21,250 | +€21,250 | |
| Amounts receivable within one year | 40/41 | €246,774 | €266,604 | +€19,829 | +8.0% |
| Trade receivables | 40 | €221,484 | €248,413 | +€26,929 | +12.2% |
| Other amounts receivable | 41 | €25,290 | €18,191 | -€7,099 | -28.1% |
| Cash at bank and in hand | 54/58 | €7,502 | €5,730 | -€1,773 | -23.6% |
| Deferred charges and accrued income | 490/1 | €9,917 | €27,874 | +€17,957 | +181.1% |
| Total equity and liabilities | 10/49 | €275,417 | €328,441 | +€53,024 | +19.3% |
| Equity | 10/15 | €260,482 | €262,781 | +€2,299 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,422 | €254,721 | +€2,299 | +0.9% |
| Amounts payable | 17/49 | €14,935 | €65,660 | +€50,725 | +339.6% |
| Amounts payable within one year | 42/48 | €14,935 | €65,660 | +€50,725 | +339.6% |
| Current portion of amounts payable after more than one year | 42 | €9,186 | €9,177 | -€10 | -0.1% |
| Trade debts | 44 | €3,401 | €52,032 | +€48,631 | +1429.9% |
| Suppliers | 440/4 | €3,401 | €52,032 | +€48,631 | +1429.9% |
| Taxes, remuneration and social security | 45 | €1,707 | €2,107 | +€400 | +23.4% |
| Taxes | 450/3 | €1,707 | €2,107 | +€400 | +23.4% |
| Other amounts payable | 47/48 | €640 | €2,344 | +€1,704 | +266.2% |
| Remuneration, social security and pensions | 62 | €258 | €109 | -€149 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,317 | €5,114 | +€797 | +18.5% |
| Other operating charges | 640/8 | €888 | €1,487 | +€599 | +67.5% |
| Gross operating margin | 9900 | €83,216 | €11,378 | -€71,838 | -86.3% |
| Operating profit (loss) | 9901 | €77,753 | €4,668 | -€73,085 | -94.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €623 | €519 | -€103 | -16.6% |
| Recurring financial charges | 65 | €623 | €519 | -€103 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €77,130 | €4,149 | -€72,982 | -94.6% |
| Income taxes | 67/77 | €21,107 | €1,850 | -€19,258 | -91.2% |
| Profit (loss) for the period | 9904 | €56,023 | €2,299 | -€53,724 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,023 | €2,299 | -€53,724 | -95.9% |
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 8 October 2026 via checked.be.