CREATIVE LAVA: 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 LAVA
Largest movements
- Tangible fixed assets -€4,740
down €4,740 (-50.5%), from €9,392 to €4,652
of which Plant, machinery and equipment: -€3,624
- Receivables within one year +€2,792
up €2,792 (+17.7%), from €15,771 to €18,563
of which Trade receivables: +€2,865
- Cash -€2,646
down €2,646 (-5.4%), from €49,233 to €46,588
mainly Contributions, distributions and other (-€17,675) and Trade debts (-€5,411)
- Deferred charges and accrued income -€771
down €771 (-38.8%), from €1,988 to €1,217
- Trade debts -€5,411
down €5,411 (-97.4%), from €5,558 to €147
- Other debts -€2,916
down €2,916 (-11.0%), from €26,494 to €23,578
- Tax, wage and social debts +€2,663
up €2,663 (+54.7%), from €4,871 to €7,534
- Taxes +€3,941
up €3,941 (+232.1%), from €1,698 to €5,640
- Gross operating margin +€3,853
up €3,853 (+15.5%), from €24,928 to €28,781
- Depreciation -€1,529
down €1,529 (-23.3%), from €6,569 to €5,040
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.
Cash bridge derived
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 | €76,715 | €71,051 | -€5,665 | -7.4% |
| Fixed assets | 21/28 | €9,723 | €4,683 | -€5,040 | -51.8% |
| Intangible fixed assets | 21 | €331 | €31 | -€300 | -90.6% |
| Tangible fixed assets | 22/27 | €9,392 | €4,652 | -€4,740 | -50.5% |
| Plant, machinery and equipment | 23 | €6,833 | €3,209 | -€3,624 | -53.0% |
| Furniture and vehicles | 24 | €967 | €468 | -€499 | -51.6% |
| Other tangible fixed assets | 26 | €1,592 | €975 | -€617 | -38.8% |
| Current assets | 29/58 | €66,993 | €66,368 | -€625 | -0.9% |
| Amounts receivable within one year | 40/41 | €15,771 | €18,563 | +€2,792 | +17.7% |
| Trade receivables | 40 | €14,441 | €17,306 | +€2,865 | +19.8% |
| Other amounts receivable | 41 | €1,330 | €1,257 | -€73 | -5.5% |
| Cash at bank and in hand | 54/58 | €49,233 | €46,588 | -€2,646 | -5.4% |
| Deferred charges and accrued income | 490/1 | €1,988 | €1,217 | -€771 | -38.8% |
| Total equity and liabilities | 10/49 | €76,715 | €71,051 | -€5,665 | -7.4% |
| Equity | 10/15 | €39,792 | €39,792 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,792 | €34,792 | = | 0.0% |
| Distributable reserves | 133 | €34,792 | €34,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,923 | €31,258 | -€5,665 | -15.3% |
| Amounts payable within one year | 42/48 | €36,923 | €31,258 | -€5,665 | -15.3% |
| Trade debts | 44 | €5,558 | €147 | -€5,411 | -97.4% |
| Suppliers | 440/4 | €5,558 | €147 | -€5,411 | -97.4% |
| Taxes, remuneration and social security | 45 | €4,871 | €7,534 | +€2,663 | +54.7% |
| Taxes | 450/3 | €4,871 | €7,534 | +€2,663 | +54.7% |
| Other amounts payable | 47/48 | €26,494 | €23,578 | -€2,916 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,569 | €5,040 | -€1,529 | -23.3% |
| Other operating charges | 640/8 | €514 | €484 | -€30 | -5.8% |
| Gross operating margin | 9900 | €24,928 | €28,781 | +€3,853 | +15.5% |
| Operating profit (loss) | 9901 | €17,846 | €23,257 | +€5,411 | +30.3% |
| Financial income | 75/76B | - | €154 | +€154 | |
| Recurring financial income | 75 | - | €154 | +€154 | |
| Financial charges | 65/66B | €138 | €96 | -€41 | -30.0% |
| Recurring financial charges | 65 | €138 | €96 | -€41 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €17,708 | €23,315 | +€5,607 | +31.7% |
| Income taxes | 67/77 | €1,698 | €5,640 | +€3,941 | +232.1% |
| Profit (loss) for the period | 9904 | €16,010 | €17,675 | +€1,665 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,010 | €17,675 | +€1,665 | +10.4% |
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 12 October 2026 via checked.be.