Creative Link: 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 Link
Largest movements
- Cash -€5,050
down €5,050 (-69.5%), from €7,264 to €2,214
mainly Other debts (-€5,737) and Receivables within one year (-€2,031)
- Tangible fixed assets -€4,230
down €4,230 (-24.9%), from €17,014 to €12,784
of which Furniture and vehicles: -€4,230
- Receivables within one year +€2,031
up €2,031, from €0 to €2,031
- Stocks and contracts +€1,970
up €1,970 (+5.6%), from €35,144 to €37,114
- Deferred charges and accrued income +€1,801
up €1,801 (+3,392%), from €53 to €1,854
- Other debts -€5,737
down €5,737 (-69.9%), from €8,204 to €2,467
- Trade debts +€1,085
up €1,085 (+235%), from €462 to €1,547
- Tax, wage and social debts +€1,074
up €1,074 (+16.6%), from €6,478 to €7,551
of which Remuneration and social security: +€3,565
- Gross operating margin -€8,261
down €8,261 (-56.4%), from €14,643 to €6,382
- Taxes -€1,683
down €1,683 (-67.2%), from €2,504 to €822
- Other operating charges -€977
down €977 (-50.8%), from €1,923 to €947
- Depreciation -€303
down €303 (-6.7%), from €4,534 to €4,230
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 | €59,475 | €55,997 | -€3,479 | -5.8% |
| Fixed assets | 21/28 | €17,014 | €12,784 | -€4,230 | -24.9% |
| Tangible fixed assets | 22/27 | €17,014 | €12,784 | -€4,230 | -24.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €17,014 | €12,784 | -€4,230 | -24.9% |
| Current assets | 29/58 | €42,461 | €43,213 | +€752 | +1.8% |
| Stocks and contracts in progress | 3 | €35,144 | €37,114 | +€1,970 | +5.6% |
| Stocks | 30/36 | €35,144 | €37,114 | +€1,970 | +5.6% |
| Amounts receivable within one year | 40/41 | €0 | €2,031 | +€2,031 | |
| Other amounts receivable | 41 | €0 | €2,031 | +€2,031 | |
| Cash at bank and in hand | 54/58 | €7,264 | €2,214 | -€5,050 | -69.5% |
| Deferred charges and accrued income | 490/1 | €53 | €1,854 | +€1,801 | +3,392% |
| Total equity and liabilities | 10/49 | €59,475 | €55,997 | -€3,479 | -5.8% |
| Equity | 10/15 | €44,332 | €44,432 | +€100 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,132 | €38,232 | +€100 | +0.3% |
| Non-distributable reserves | 130/1 | €248 | €248 | = | 0.0% |
| Reserves not available under the articles | 1311 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €37,883 | €37,983 | +€100 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €15,144 | €11,565 | -€3,579 | -23.6% |
| Amounts payable within one year | 42/48 | €15,144 | €11,565 | -€3,579 | -23.6% |
| Trade debts | 44 | €462 | €1,547 | +€1,085 | +235% |
| Suppliers | 440/4 | €462 | €1,547 | +€1,085 | +235% |
| Taxes, remuneration and social security | 45 | €6,478 | €7,551 | +€1,074 | +16.6% |
| Taxes | 450/3 | €6,313 | €3,822 | -€2,492 | -39.5% |
| Remuneration and social security | 454/9 | €164 | €3,730 | +€3,565 | +2,169% |
| Other amounts payable | 47/48 | €8,204 | €2,467 | -€5,737 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,534 | €4,230 | -€303 | -6.7% |
| Other operating charges | 640/8 | €1,923 | €947 | -€977 | -50.8% |
| Gross operating margin | 9900 | €14,643 | €6,382 | -€8,261 | -56.4% |
| Operating profit (loss) | 9901 | €8,186 | €1,204 | -€6,981 | -85.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €285 | €283 | -€3 | -0.9% |
| Recurring financial charges | 65 | €285 | €283 | -€3 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €7,900 | €922 | -€6,979 | -88.3% |
| Income taxes | 67/77 | €2,504 | €822 | -€1,683 | -67.2% |
| Profit (loss) for the period | 9904 | €5,396 | €100 | -€5,296 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,396 | €100 | -€5,296 | -98.1% |
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 24 October 2026 via checked.be.