Creative Blend: 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.
What changed
Creative Blend
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,049
2024 · €8,500-€6,451
Equity
€26,177
2024 · €24,128+€2,049
Cash
€44,944
2024 · €43,907+€1,036
Balance sheet total
€304,598
2024 · €321,021-€16,423
Largest movements
Assets
- Tangible fixed assets -€15,819
down €15,819 (-6.0%), from €263,708 to €247,889
of which Land and buildings: -€8,222
- Receivables within one year -€4,015
down €4,015 (-69.4%), from €5,784 to €1,770
of which Trade receivables: -€5,777
Equity and liabilities
- Debts after one year -€18,645
down €18,645 (-7.5%), from €250,080 to €231,435
Income statement
- Gross operating margin -€20,653
down €20,653 (-33.6%), from €61,396 to €40,743
- Staff costs -€11,504
down €11,504 (-48.1%), from €23,932 to €12,428
- Depreciation -€2,183
down €2,183 (-11.3%), from €19,252 to €17,069
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.
Result 2024
€8,500
Gross operating margin
-€20,653
Staff costs
+€11,504
Depreciation
+€2,183
Other operating charges
-€58
Financial income
-€153
Financial charges
+€546
Taxes
+€181
Result 2025
€2,049
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.
From operations
+€20,523
Investment
-€1,250
Financing
-€18,236
Cash 2024
€43,907
From operations (derived)
+€20,523
Net result for the year
+€2,049
Depreciation
+€17,069
Stocks and contracts
-€1,641
Receivables within one year
+€4,015
Deferred charges and accrued income
-€733
Trade debts
-€1,364
Tax, wage and social debts
-€137
Other debts
+€571
Accrued charges and deferred income
+€695
Investment (derived)
-€1,250
Investment in fixed assets (net)
-€1,250
Financing
-€18,236
Debts after one year
-€18,645
Current portion of long-term debt
+€409
Cash 2025
€44,944
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,021 | €304,598 | -€16,423 | -5.1% |
| Fixed assets | 21/28 | €263,708 | €247,889 | -€15,819 | -6.0% |
| Tangible fixed assets | 22/27 | €263,708 | €247,889 | -€15,819 | -6.0% |
| Land and buildings | 22 | €250,791 | €242,569 | -€8,222 | -3.3% |
| Plant, machinery and equipment | 23 | €12,386 | €5,320 | -€7,066 | -57.1% |
| Furniture and vehicles | 24 | €531 | €0 | -€531 | -100.0% |
| Current assets | 29/58 | €57,314 | €56,710 | -€604 | -1.1% |
| Stocks and contracts in progress | 3 | €7,476 | €9,117 | +€1,641 | +22.0% |
| Stocks | 30/36 | €7,476 | €9,117 | +€1,641 | +22.0% |
| Amounts receivable within one year | 40/41 | €5,784 | €1,770 | -€4,015 | -69.4% |
| Trade receivables | 40 | €5,784 | €8 | -€5,777 | -99.9% |
| Other amounts receivable | 41 | - | €1,762 | +€1,762 | |
| Cash at bank and in hand | 54/58 | €43,907 | €44,944 | +€1,036 | +2.4% |
| Deferred charges and accrued income | 490/1 | €146 | €879 | +€733 | +500.2% |
| Total equity and liabilities | 10/49 | €321,021 | €304,598 | -€16,423 | -5.1% |
| Equity | 10/15 | €24,128 | €26,177 | +€2,049 | +8.5% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €6,128 | €8,177 | +€2,049 | +33.4% |
| Distributable reserves | 133 | €6,128 | €8,177 | +€2,049 | +33.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €296,894 | €278,422 | -€18,472 | -6.2% |
| Amounts payable after more than one year | 17 | €250,080 | €231,435 | -€18,645 | -7.5% |
| Financial debts | 170/4 | €250,080 | €231,435 | -€18,645 | -7.5% |
| Amounts payable within one year | 42/48 | €46,814 | €46,292 | -€522 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €18,236 | €18,645 | +€409 | +2.2% |
| Trade debts | 44 | €8,999 | €7,635 | -€1,364 | -15.2% |
| Suppliers | 440/4 | €8,999 | €7,635 | -€1,364 | -15.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,741 | €5,603 | -€137 | -2.4% |
| Taxes | 450/3 | €4,911 | €5,603 | +€693 | +14.1% |
| Remuneration and social security | 454/9 | €830 | €0 | -€830 | -100.0% |
| Other amounts payable | 47/48 | €13,838 | €14,409 | +€571 | +4.1% |
| Accrued charges and deferred income | 492/3 | €0 | €695 | +€695 | |
| Non-recurring operating income | 76A | €1,667 | €0 | -€1,667 | -100.0% |
| Remuneration, social security and pensions | 62 | €23,932 | €12,428 | -€11,504 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,252 | €17,069 | -€2,183 | -11.3% |
| Other operating charges | 640/8 | €1,988 | €2,046 | +€58 | +2.9% |
| Gross operating margin | 9900 | €61,396 | €40,743 | -€20,653 | -33.6% |
| Operating profit (loss) | 9901 | €16,226 | €9,201 | -€7,024 | -43.3% |
| Financial income | 75/76B | €172 | €19 | -€153 | -89.1% |
| Recurring financial income | 75 | €172 | €19 | -€153 | -89.1% |
| Financial charges | 65/66B | €6,351 | €5,805 | -€546 | -8.6% |
| Recurring financial charges | 65 | €6,351 | €5,805 | -€546 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €10,047 | €3,415 | -€6,632 | -66.0% |
| Income taxes | 67/77 | €1,546 | €1,366 | -€181 | -11.7% |
| Profit (loss) for the period | 9904 | €8,500 | €2,049 | -€6,451 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,500 | €2,049 | -€6,451 | -75.9% |
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 11 October 2026 via checked.be.