CREATIVE GENES: 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 GENES
Largest movements
- Cash -€12,495
down €12,495 (-99.8%), from €12,524 to €28
mainly Receivables within one year (-€8,014) and Trade debts (-€5,796)
- Receivables within one year +€8,014
up €8,014 (+23.9%), from €33,566 to €41,580
of which Other amounts receivable: +€6,350
- Tangible fixed assets -€868
down €868 (-51.8%), from €1,677 to €809
- Trade debts -€5,796
down €5,796 (-26.7%), from €21,726 to €15,931
- Profit (loss) carried forward +€4,308
up €4,308 (+63.6%), from €6,777 to €11,085
- Tax, wage and social debts -€2,807
down €2,807 (-38.6%), from €7,270 to €4,463
- Debts after one year -€573
down €573 (-10.8%), from €5,311 to €4,738
- Current portion of long-term debt -€482
no longer reported in 2022 (was €482)
- Gross operating margin -€18,476
down €18,476 (-76.6%), from €24,114 to €5,638
- Taxes -€2,698
down €2,698 (-61.7%), from €4,372 to €1,674
- Depreciation +€636
up €636 (+274.4%), from €232 to €868
- Financial charges +€323
up €323 (+153.5%), from €210 to €533
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,766 | €42,417 | -€5,349 | -11.2% |
| Fixed assets | 21/28 | €1,677 | €809 | -€868 | -51.8% |
| Tangible fixed assets | 22/27 | €1,677 | €809 | -€868 | -51.8% |
| Plant, machinery and equipment | 23 | €1,677 | €809 | -€868 | -51.8% |
| Current assets | 29/58 | €46,089 | €41,608 | -€4,481 | -9.7% |
| Amounts receivable within one year | 40/41 | €33,566 | €41,580 | +€8,014 | +23.9% |
| Trade receivables | 40 | €6,140 | €7,804 | +€1,664 | +27.1% |
| Other amounts receivable | 41 | €27,426 | €33,776 | +€6,350 | +23.2% |
| Cash at bank and in hand | 54/58 | €12,524 | €28 | -€12,495 | -99.8% |
| Total equity and liabilities | 10/49 | €47,766 | €42,417 | -€5,349 | -11.2% |
| Equity | 10/15 | €12,977 | €17,285 | +€4,308 | +33.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,777 | €11,085 | +€4,308 | +63.6% |
| Amounts payable | 17/49 | €34,789 | €25,132 | -€9,657 | -27.8% |
| Amounts payable after more than one year | 17 | €5,311 | €4,738 | -€573 | -10.8% |
| Financial debts | 170/4 | €5,311 | €4,738 | -€573 | -10.8% |
| Amounts payable within one year | 42/48 | €29,478 | €20,393 | -€9,084 | -30.8% |
| Current portion of amounts payable after more than one year | 42 | €482 | - | -€482 | |
| Trade debts | 44 | €21,726 | €15,931 | -€5,796 | -26.7% |
| Suppliers | 440/4 | €21,726 | €15,931 | -€5,796 | -26.7% |
| Taxes, remuneration and social security | 45 | €7,270 | €4,463 | -€2,807 | -38.6% |
| Taxes | 450/3 | €7,270 | €4,463 | -€2,807 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | €868 | +€636 | +274.4% |
| Other operating charges | 640/8 | €468 | €412 | -€56 | -12.0% |
| Non-recurring operating charges | 66A | €1,377 | - | -€1,377 | |
| Gross operating margin | 9900 | €24,114 | €5,638 | -€18,476 | -76.6% |
| Operating profit (loss) | 9901 | €22,038 | €4,359 | -€17,679 | -80.2% |
| Financial income | 75/76B | €1,935 | €2,157 | +€222 | +11.5% |
| Recurring financial income | 75 | €1,935 | €2,157 | +€222 | +11.5% |
| Financial charges | 65/66B | €210 | €533 | +€323 | +153.5% |
| Recurring financial charges | 65 | €210 | €533 | +€323 | +153.5% |
| Profit (loss) for the period before taxes | 9903 | €23,762 | €5,982 | -€17,780 | -74.8% |
| Income taxes | 67/77 | €4,372 | €1,674 | -€2,698 | -61.7% |
| Profit (loss) for the period | 9904 | €19,390 | €4,308 | -€15,082 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,390 | €4,308 | -€15,082 | -77.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.