CREATIVE DECORATION: 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.
CREATIVE DECORATION
Largest movements
- Receivables within one year -€23,508
down €23,508 (-24.1%), from €97,683 to €74,174
of which Other amounts receivable: -€26,951
- Tangible fixed assets -€11,983
down €11,983 (-40.8%), from €29,398 to €17,415
- Trade debts -€26,334
down €26,334 (-65.5%), from €40,216 to €13,882
- Debts after one year -€12,521
down €12,521 (-29.8%), from €41,995 to €29,474
- Profit (loss) carried forward +€6,523
up €6,523 (+17.1%), from €38,203 to €44,727
- Tax, wage and social debts -€3,425
down €3,425 (-59.0%), from €5,808 to €2,383
- Other operating charges -€14,501
down €14,501 (-91.5%), from €15,854 to €1,353
- Gross operating margin -€12,127
down €12,127 (-34.9%), from €34,718 to €22,591
- Taxes -€3,358
down €3,358 (-58.5%), from €5,741 to €2,383
- Financial charges -€734
down €734 (-67.8%), from €1,083 to €349
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,081 | €91,589 | -€35,492 | -27.9% |
| Fixed assets | 21/28 | €29,398 | €17,415 | -€11,983 | -40.8% |
| Tangible fixed assets | 22/27 | €29,398 | €17,415 | -€11,983 | -40.8% |
| Furniture and vehicles | 24 | €29,398 | €17,415 | -€11,983 | -40.8% |
| Current assets | 29/58 | €97,683 | €74,174 | -€23,508 | -24.1% |
| Amounts receivable within one year | 40/41 | €97,683 | €74,174 | -€23,508 | -24.1% |
| Trade receivables | 40 | €18,000 | €21,442 | +€3,442 | +19.1% |
| Other amounts receivable | 41 | €79,683 | €52,732 | -€26,951 | -33.8% |
| Total equity and liabilities | 10/49 | €127,081 | €91,589 | -€35,492 | -27.9% |
| Equity | 10/15 | €38,204 | €44,728 | +€6,523 | +17.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,203 | €44,727 | +€6,523 | +17.1% |
| Amounts payable | 17/49 | €88,877 | €46,862 | -€42,015 | -47.3% |
| Amounts payable after more than one year | 17 | €41,995 | €29,474 | -€12,521 | -29.8% |
| Financial debts | 170/4 | €41,995 | €29,474 | -€12,521 | -29.8% |
| Amounts payable within one year | 42/48 | €46,882 | €17,388 | -€29,494 | -62.9% |
| Financial debts | 43 | €858 | €1,123 | +€264 | +30.8% |
| Credit institutions | 430/8 | €858 | €1,123 | +€264 | +30.8% |
| Trade debts | 44 | €40,216 | €13,882 | -€26,334 | -65.5% |
| Suppliers | 440/4 | €40,216 | €13,882 | -€26,334 | -65.5% |
| Taxes, remuneration and social security | 45 | €5,808 | €2,383 | -€3,425 | -59.0% |
| Taxes | 450/3 | €5,808 | €2,383 | -€3,425 | -59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,983 | €11,983 | = | 0.0% |
| Other operating charges | 640/8 | €15,854 | €1,353 | -€14,501 | -91.5% |
| Gross operating margin | 9900 | €34,718 | €22,591 | -€12,127 | -34.9% |
| Operating profit (loss) | 9901 | €6,881 | €9,255 | +€2,374 | +34.5% |
| Financial charges | 65/66B | €1,083 | €349 | -€734 | -67.8% |
| Recurring financial charges | 65 | €1,083 | €349 | -€734 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | €5,798 | €8,906 | +€3,108 | +53.6% |
| Income taxes | 67/77 | €5,741 | €2,383 | -€3,358 | -58.5% |
| Profit (loss) for the period | 9904 | €57 | €6,523 | +€6,467 | +11390.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57 | €6,523 | +€6,467 | +11390.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.