CREATIVE POWER: what changed
Two fiscal 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 POWER
Largest movements
- Receivables within one year +€31,252
up €31,252 (+358.0%), from €8,729 to €39,981
of which Trade receivables: +€35,520
- Cash -€26,525
down €26,525 (-63.2%), from €41,974 to €15,450
mainly Net result for the year (-€58,952) and Receivables within one year (-€31,252)
- Stocks and contracts +€7,624
up €7,624 (+42.6%), from €17,899 to €25,522
- Tangible fixed assets -€1,506
down €1,506 (-71.7%), from €2,100 to €594
of which Plant, machinery and equipment: -€947
- Trade debts +€65,141
up €65,141 (+248.6%), from €26,199 to €91,340
- Profit (loss) carried forward -€58,952
down €58,952 (-189.5%), from -€31,116 to -€90,068
- Tax, wage and social debts +€4,778
up €4,778 (+6.5%), from €73,619 to €78,396
of which Remuneration and social security: +€7,834
- Staff costs +€98,851
up €98,851 (+27.6%), from €358,473 to €457,324
- Gross operating margin -€15,104
down €15,104 (-3.5%), from €436,390 to €421,286
- Financial charges +€11,644
up €11,644 (+182.6%), from €6,378 to €18,021
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,701 | €81,669 | +€10,967 | +15.5% |
| Fixed assets | 21/28 | €2,100 | €594 | -€1,506 | -71.7% |
| Tangible fixed assets | 22/27 | €2,100 | €594 | -€1,506 | -71.7% |
| Plant, machinery and equipment | 23 | €1,143 | €196 | -€947 | -82.9% |
| Furniture and vehicles | 24 | €957 | €398 | -€559 | -58.4% |
| Current assets | 29/58 | €68,602 | €81,075 | +€12,473 | +18.2% |
| Stocks and contracts in progress | 3 | €17,899 | €25,522 | +€7,624 | +42.6% |
| Stocks | 30/36 | €17,899 | €25,522 | +€7,624 | +42.6% |
| Amounts receivable within one year | 40/41 | €8,729 | €39,981 | +€31,252 | +358.0% |
| Trade receivables | 40 | - | €35,520 | +€35,520 | |
| Other amounts receivable | 41 | €8,729 | €4,461 | -€4,268 | -48.9% |
| Cash at bank and in hand | 54/58 | €41,974 | €15,450 | -€26,525 | -63.2% |
| Deferred charges and accrued income | 490/1 | €0 | €122 | +€122 | |
| Total equity and liabilities | 10/49 | €70,701 | €81,669 | +€10,967 | +15.5% |
| Equity | 10/15 | -€29,116 | -€88,068 | -€58,952 | -202.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,116 | -€90,068 | -€58,952 | -189.5% |
| Amounts payable | 17/49 | €99,818 | €169,737 | +€69,919 | +70.0% |
| Amounts payable within one year | 42/48 | €99,818 | €169,737 | +€69,919 | +70.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €26,199 | €91,340 | +€65,141 | +248.6% |
| Suppliers | 440/4 | €26,199 | €91,340 | +€65,141 | +248.6% |
| Taxes, remuneration and social security | 45 | €73,619 | €78,396 | +€4,778 | +6.5% |
| Taxes | 450/3 | €28,129 | €25,073 | -€3,056 | -10.9% |
| Remuneration and social security | 454/9 | €45,490 | €53,324 | +€7,834 | +17.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €358,473 | €457,324 | +€98,851 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,506 | €1,506 | = | 0.0% |
| Other operating charges | 640/8 | €2,254 | €3,970 | +€1,716 | +76.1% |
| Gross operating margin | 9900 | €436,390 | €421,286 | -€15,104 | -3.5% |
| Operating profit (loss) | 9901 | €74,158 | -€41,513 | -€115,671 | |
| Financial income | 75/76B | €1,402 | €583 | -€819 | -58.4% |
| Recurring financial income | 75 | €1,402 | €583 | -€819 | -58.4% |
| Financial charges | 65/66B | €6,378 | €18,021 | +€11,644 | +182.6% |
| Recurring financial charges | 65 | €6,378 | €18,021 | +€11,644 | +182.6% |
| Profit (loss) for the period before taxes | 9903 | €69,182 | -€58,952 | -€128,134 | |
| Profit (loss) for the period | 9904 | €69,182 | -€58,952 | -€128,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,182 | -€58,952 | -€128,134 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.