Creative Coders: 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.
Creative Coders
Largest movements
- Cash -€94,972
down €94,972 (-55.8%), from €170,267 to €75,296
mainly Contributions, distributions and other (-€104,067) and Other debts (-€20,566)
- Tangible fixed assets -€12,074
down €12,074 (-38.8%), from €31,143 to €19,069
- Receivables within one year +€8,704
up €8,704 (+65.1%), from €13,371 to €22,075
of which Other amounts receivable: +€7,361
- Reserves -€103,748
down €103,748 (-99.8%), from €104,000 to €252
- Debts after one year +€32,000
up €32,000 (+49.6%), from €64,500 to €96,500
- Other debts -€20,566
down €20,566 (-64.0%), from €32,110 to €11,544
- Tax, wage and social debts -€5,046
down €5,046 (-41.0%), from €12,312 to €7,266
- Gross operating margin -€50,681
down €50,681 (-71.4%), from €70,983 to €20,303
- Taxes -€11,084
down €11,084 (-98.8%), from €11,223 to €139
- Financial charges +€1,780
up €1,780 (+35.3%), from €5,042 to €6,822
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,073 | €119,473 | -€97,600 | -45.0% |
| Fixed assets | 21/28 | €31,143 | €19,069 | -€12,074 | -38.8% |
| Tangible fixed assets | 22/27 | €31,143 | €19,069 | -€12,074 | -38.8% |
| Furniture and vehicles | 24 | €31,143 | €19,069 | -€12,074 | -38.8% |
| Current assets | 29/58 | €185,930 | €100,404 | -€85,526 | -46.0% |
| Amounts receivable within one year | 40/41 | €13,371 | €22,075 | +€8,704 | +65.1% |
| Trade receivables | 40 | €13,371 | €14,714 | +€1,343 | +10.0% |
| Other amounts receivable | 41 | €0 | €7,361 | +€7,361 | |
| Cash at bank and in hand | 54/58 | €170,267 | €75,296 | -€94,972 | -55.8% |
| Deferred charges and accrued income | 490/1 | €2,292 | €3,034 | +€741 | +32.3% |
| Total equity and liabilities | 10/49 | €217,073 | €119,473 | -€97,600 | -45.0% |
| Equity | 10/15 | €107,067 | €3,252 | -€103,815 | -97.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €104,000 | €252 | -€103,748 | -99.8% |
| Distributable reserves | 133 | €104,000 | €252 | -€103,748 | -99.8% |
| Profit (loss) carried forward | 14 | €67 | €0 | -€67 | -100.0% |
| Amounts payable | 17/49 | €110,006 | €116,221 | +€6,215 | +5.6% |
| Amounts payable after more than one year | 17 | €64,500 | €96,500 | +€32,000 | +49.6% |
| Financial debts | 170/4 | €64,500 | €96,500 | +€32,000 | +49.6% |
| Amounts payable within one year | 42/48 | €45,506 | €19,721 | -€25,785 | -56.7% |
| Trade debts | 44 | €1,084 | €911 | -€173 | -15.9% |
| Suppliers | 440/4 | €1,084 | €911 | -€173 | -15.9% |
| Taxes, remuneration and social security | 45 | €12,312 | €7,266 | -€5,046 | -41.0% |
| Taxes | 450/3 | €12,312 | €7,266 | -€5,046 | -41.0% |
| Other amounts payable | 47/48 | €32,110 | €11,544 | -€20,566 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,017 | €12,074 | +€57 | +0.5% |
| Other operating charges | 640/8 | €466 | €1,028 | +€563 | +120.9% |
| Gross operating margin | 9900 | €70,983 | €20,303 | -€50,681 | -71.4% |
| Operating profit (loss) | 9901 | €58,501 | €7,200 | -€51,301 | -87.7% |
| Financial income | 75/76B | €3 | €13 | +€10 | +330.6% |
| Recurring financial income | 75 | €3 | €13 | +€10 | +330.6% |
| Financial charges | 65/66B | €5,042 | €6,822 | +€1,780 | +35.3% |
| Recurring financial charges | 65 | €5,042 | €6,822 | +€1,780 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €53,462 | €391 | -€53,072 | -99.3% |
| Income taxes | 67/77 | €11,223 | €139 | -€11,084 | -98.8% |
| Profit (loss) for the period | 9904 | €42,239 | €252 | -€41,987 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,239 | €252 | -€41,987 | -99.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.