CREATIVE 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.
CREATIVE FACTORY
Largest movements
- Tangible fixed assets -€125,349
down €125,349 (-6.2%), from €2.0m to €1.9m
- Cash +€120,939
up €120,939 (+46.4%), from €260,695 to €381,634
mainly Net result for the year (+€460,891) and Other debts (+€385,000)
- Other debts +€385,000
up €385,000 (+335%), from €115,000 to €500,000
- Current portion of long-term debt -€368,164
no longer reported in 2025 (was €368,164)
- Profit (loss) carried forward -€39,109
down €39,109 (-2.3%), from €1.7m to €1.7m
- Gross operating margin +€28,170
up €28,170 (+3.5%), from €801,251 to €829,421
- Financial charges -€15,102
down €15,102 (-45.6%), from €33,153 to €18,051
- Taxes +€10,583
up €10,583 (+7.1%), from €148,114 to €158,697
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 | €2,270,634 | €2,266,223 | -€4,411 | -0.2% |
| Fixed assets | 21/28 | €2,009,939 | €1,884,590 | -€125,349 | -6.2% |
| Tangible fixed assets | 22/27 | €2,009,939 | €1,884,590 | -€125,349 | -6.2% |
| Land and buildings | 22 | €2,009,939 | €1,884,590 | -€125,349 | -6.2% |
| Current assets | 29/58 | €260,695 | €381,634 | +€120,939 | +46.4% |
| Cash at bank and in hand | 54/58 | €260,695 | €381,634 | +€120,939 | +46.4% |
| Total equity and liabilities | 10/49 | €2,270,634 | €2,266,223 | -€4,411 | -0.2% |
| Equity | 10/15 | €1,769,485 | €1,730,376 | -€39,109 | -2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,701,285 | €1,662,176 | -€39,109 | -2.3% |
| Amounts payable | 17/49 | €501,148 | €535,847 | +€34,698 | +6.9% |
| Amounts payable within one year | 42/48 | €499,531 | €535,759 | +€36,228 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €368,164 | - | -€368,164 | |
| Trade debts | 44 | - | €2,690 | +€2,690 | |
| Suppliers | 440/4 | - | €2,690 | +€2,690 | |
| Taxes, remuneration and social security | 45 | €16,367 | €33,069 | +€16,702 | +102% |
| Taxes | 450/3 | €16,367 | €33,069 | +€16,702 | +102% |
| Other amounts payable | 47/48 | €115,000 | €500,000 | +€385,000 | +335% |
| Accrued charges and deferred income | 492/3 | €1,617 | €88 | -€1,529 | -94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,349 | €125,349 | +€0 | 0.0% |
| Other operating charges | 640/8 | €70,705 | €73,082 | +€2,376 | +3.4% |
| Gross operating margin | 9900 | €801,251 | €829,421 | +€28,170 | +3.5% |
| Operating profit (loss) | 9901 | €605,196 | €630,990 | +€25,793 | +4.3% |
| Financial income | 75/76B | €5,912 | €6,649 | +€737 | +12.5% |
| Recurring financial income | 75 | €5,912 | €6,649 | +€737 | +12.5% |
| Financial charges | 65/66B | €33,153 | €18,051 | -€15,102 | -45.6% |
| Recurring financial charges | 65 | €33,153 | €18,051 | -€15,102 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €577,956 | €619,588 | +€41,632 | +7.2% |
| Income taxes | 67/77 | €148,114 | €158,697 | +€10,583 | +7.1% |
| Profit (loss) for the period | 9904 | €429,842 | €460,891 | +€31,049 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €429,842 | €460,891 | +€31,049 | +7.2% |
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 17 October 2026 via checked.be.