CREATIVE MANAGEMENT INTERNATIONAL: 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 MANAGEMENT INTERNATIONAL
Largest movements
- Tangible fixed assets -€5,491
no longer reported in 2025 (was €5,491)
- Receivables within one year -€2,677
down €2,677 (-2.5%), from €108,219 to €105,542
of which Trade receivables: -€7,624
- Cash +€1,514
up €1,514 (+325%), from €466 to €1,980
mainly Depreciation (+€5,491) and Receivables within one year (+€2,677)
- Reserves -€3,556
down €3,556 (-5.4%), from €65,415 to €61,859
of which Distributable reserves: -€3,556
- Tax, wage and social debts -€1,963
down €1,963 (-82.7%), from €2,375 to €412
- Gross operating margin -€6,898
down €6,898, from €5,394 to -€1,504
- Depreciation -€6,167
down €6,167 (-52.9%), from €11,658 to €5,491
- Other operating charges +€770
up €770 (+93.9%), from €820 to €1,590
- Taxes -€320
no longer reported in 2025 (was €320)
- Financial income -€166
down €166 (-3.4%), from €4,821 to €4,655
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 | €115,776 | €109,198 | -€6,578 | -5.7% |
| Fixed assets | 21/28 | €5,516 | €25 | -€5,491 | -99.5% |
| Tangible fixed assets | 22/27 | €5,491 | - | -€5,491 | |
| Furniture and vehicles | 24 | €5,491 | - | -€5,491 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €110,260 | €109,173 | -€1,087 | -1.0% |
| Amounts receivable within one year | 40/41 | €108,219 | €105,542 | -€2,677 | -2.5% |
| Trade receivables | 40 | €23,319 | €15,695 | -€7,624 | -32.7% |
| Other amounts receivable | 41 | €84,900 | €89,847 | +€4,947 | +5.8% |
| Cash at bank and in hand | 54/58 | €466 | €1,980 | +€1,514 | +325% |
| Deferred charges and accrued income | 490/1 | €1,575 | €1,651 | +€76 | +4.8% |
| Total equity and liabilities | 10/49 | €115,776 | €109,198 | -€6,578 | -5.7% |
| Equity | 10/15 | €84,007 | €79,968 | -€4,039 | -4.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €65,415 | €61,859 | -€3,556 | -5.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €63,556 | €60,000 | -€3,556 | -5.6% |
| Profit (loss) carried forward | 14 | - | -€483 | -€483 | |
| Amounts payable | 17/49 | €31,769 | €29,230 | -€2,539 | -8.0% |
| Amounts payable within one year | 42/48 | €31,769 | €29,230 | -€2,539 | -8.0% |
| Trade debts | 44 | €29,394 | €28,818 | -€576 | -2.0% |
| Suppliers | 440/4 | €29,394 | €28,818 | -€576 | -2.0% |
| Taxes, remuneration and social security | 45 | €2,375 | €412 | -€1,963 | -82.7% |
| Taxes | 450/3 | €2,375 | €412 | -€1,963 | -82.7% |
| Non-recurring operating income | 76A | €10,125 | - | -€10,125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,658 | €5,491 | -€6,167 | -52.9% |
| Other operating charges | 640/8 | €820 | €1,590 | +€770 | +93.9% |
| Gross operating margin | 9900 | €5,394 | -€1,504 | -€6,898 | |
| Operating profit (loss) | 9901 | -€7,084 | -€8,585 | -€1,501 | -21.2% |
| Financial income | 75/76B | €4,821 | €4,655 | -€166 | -3.4% |
| Recurring financial income | 75 | €4,821 | €4,655 | -€166 | -3.4% |
| Financial charges | 65/66B | €120 | €109 | -€11 | -9.2% |
| Recurring financial charges | 65 | €120 | €109 | -€11 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,383 | -€4,039 | -€1,656 | -69.5% |
| Income taxes | 67/77 | €320 | - | -€320 | |
| Profit (loss) for the period | 9904 | -€2,703 | -€4,039 | -€1,336 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,703 | -€4,039 | -€1,336 | -49.4% |
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 28 October 2026 via checked.be.