CREATIVE GREEN: 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 GREEN
Largest movements
- Cash -€8,642
down €8,642 (-99.9%), from €8,649 to €7
mainly Net result for the year (-€14,555) and Tax, wage and social debts (-€8,967)
- Receivables within one year -€2,646
down €2,646 (-88.3%), from €2,997 to €351
of which Other amounts receivable: -€1,701
- Tangible fixed assets -€1,957
down €1,957 (-38.5%), from €5,089 to €3,132
of which Furniture and vehicles: -€1,333
- Deferred charges and accrued income -€1,158
down €1,158 (-42.1%), from €2,751 to €1,594
- Profit (loss) carried forward -€14,555
down €14,555 (-16.1%), from -€90,498 to -€105,052
- Tax, wage and social debts -€8,967
down €8,967 (-99.7%), from €8,998 to €31
of which Taxes: -€7,461
- Other debts +€6,557
up €6,557 (+4,469%), from €147 to €6,704
- Trade debts +€4,511
up €4,511 (+48.2%), from €9,369 to €13,881
- Current portion of long-term debt -€1,354
down €1,354 (-66.4%), from €2,039 to €685
- Gross operating margin +€9,367
up €9,367 (+57.7%), from -€16,222 to -€6,856
- Staff costs +€2,925
up €2,925, from -€887 to €2,038
- Depreciation -€1,546
down €1,546 (-28.4%), from €5,436 to €3,890
- Other operating charges +€972
up €972 (+150%), from €649 to €1,621
- Financial charges -€714
down €714 (-82.6%), from €865 to €150
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 | €19,576 | €5,084 | -€14,492 | -74.0% |
| Fixed assets | 21/28 | €5,179 | €3,132 | -€2,047 | -39.5% |
| Tangible fixed assets | 22/27 | €5,089 | €3,132 | -€1,957 | -38.5% |
| Plant, machinery and equipment | 23 | €1,842 | €1,218 | -€624 | -33.9% |
| Furniture and vehicles | 24 | €3,247 | €1,914 | -€1,333 | -41.0% |
| Financial fixed assets | 28 | €90 | - | -€90 | |
| Current assets | 29/58 | €14,397 | €1,952 | -€12,446 | -86.4% |
| Amounts receivable within one year | 40/41 | €2,997 | €351 | -€2,646 | -88.3% |
| Trade receivables | 40 | €945 | - | -€945 | |
| Other amounts receivable | 41 | €2,052 | €351 | -€1,701 | -82.9% |
| Cash at bank and in hand | 54/58 | €8,649 | €7 | -€8,642 | -99.9% |
| Deferred charges and accrued income | 490/1 | €2,751 | €1,594 | -€1,158 | -42.1% |
| Total equity and liabilities | 10/49 | €19,576 | €5,084 | -€14,492 | -74.0% |
| Equity | 10/15 | -€1,662 | -€16,217 | -€14,555 | -876% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,236 | €70,236 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,376 | €68,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,498 | -€105,052 | -€14,555 | -16.1% |
| Amounts payable | 17/49 | €21,238 | €21,300 | +€62 | +0.3% |
| Amounts payable after more than one year | 17 | €685 | - | -€685 | |
| Financial debts | 170/4 | €685 | - | -€685 | |
| Amounts payable within one year | 42/48 | €20,553 | €21,300 | +€747 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €2,039 | €685 | -€1,354 | -66.4% |
| Trade debts | 44 | €9,369 | €13,881 | +€4,511 | +48.2% |
| Suppliers | 440/4 | €9,369 | €13,881 | +€4,511 | +48.2% |
| Taxes, remuneration and social security | 45 | €8,998 | €31 | -€8,967 | -99.7% |
| Taxes | 450/3 | €7,492 | €31 | -€7,461 | -99.6% |
| Remuneration and social security | 454/9 | €1,506 | - | -€1,506 | |
| Other amounts payable | 47/48 | €147 | €6,704 | +€6,557 | +4,469% |
| Remuneration, social security and pensions | 62 | -€887 | €2,038 | +€2,925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,436 | €3,890 | -€1,546 | -28.4% |
| Other operating charges | 640/8 | €649 | €1,621 | +€972 | +150% |
| Non-recurring operating charges | 66A | €10,160 | - | -€10,160 | |
| Gross operating margin | 9900 | -€16,222 | -€6,856 | +€9,367 | +57.7% |
| Operating profit (loss) | 9901 | -€31,580 | -€14,404 | +€17,176 | +54.4% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €865 | €150 | -€714 | -82.6% |
| Recurring financial charges | 65 | €865 | €150 | -€714 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | -€32,441 | -€14,555 | +€17,886 | +55.1% |
| Profit (loss) for the period | 9904 | -€32,441 | -€14,555 | +€17,886 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,441 | -€14,555 | +€17,886 | +55.1% |
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 14 October 2026 via checked.be.