CREATIVE PROPERTY MANAGEMENT: 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 PROPERTY MANAGEMENT
Largest movements
- Cash +€97,051
up €97,051 (+98.7%), from €98,319 to €195,370
mainly Net result for the year (+€99,613) and Other debts (+€94,015)
- Current investments -€63,446
down €63,446 (-11.4%), from €558,446 to €495,000
- Tangible fixed assets -€23,816
down €23,816 (-12.5%), from €190,143 to €166,327
of which Land and buildings: -€23,217
- Other debts +€94,015
up €94,015 (+168%), from €55,936 to €149,951
- Reserves -€49,366
down €49,366 (-6.9%), from €716,367 to €667,001
of which Distributable reserves: -€49,366
- Advances received -€19,360
down €19,360 (-100%), from €19,360 to €0
- Debts after one year -€15,878
down €15,878 (-59.7%), from €26,598 to €10,720
- Gross operating margin -€8,053
down €8,053 (-4.4%), from €182,875 to €174,822
- Financial income -€8,030
down €8,030 (-46.0%), from €17,463 to €9,433
- Taxes -€4,461
down €4,461 (-8.9%), from €50,124 to €45,663
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.
Derived cash bridge
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 | €851,593 | €861,342 | +€9,750 | +1.1% |
| Fixed assets | 21/28 | €190,143 | €166,327 | -€23,816 | -12.5% |
| Tangible fixed assets | 22/27 | €190,143 | €166,327 | -€23,816 | -12.5% |
| Land and buildings | 22 | €180,930 | €157,712 | -€23,217 | -12.8% |
| Plant, machinery and equipment | 23 | €124 | €0 | -€124 | -100% |
| Furniture and vehicles | 24 | €2,077 | €4,812 | +€2,735 | +132% |
| Other tangible fixed assets | 26 | €7,012 | €3,803 | -€3,210 | -45.8% |
| Current assets | 29/58 | €661,450 | €695,015 | +€33,565 | +5.1% |
| Amounts receivable within one year | 40/41 | €2,465 | €3,151 | +€686 | +27.8% |
| Trade receivables | 40 | €2,369 | €0 | -€2,369 | -100% |
| Other amounts receivable | 41 | €96 | €3,151 | +€3,055 | +3,166% |
| Current investments | 50/53 | €558,446 | €495,000 | -€63,446 | -11.4% |
| Cash at bank and in hand | 54/58 | €98,319 | €195,370 | +€97,051 | +98.7% |
| Deferred charges and accrued income | 490/1 | €2,220 | €1,495 | -€725 | -32.7% |
| Total equity and liabilities | 10/49 | €851,593 | €861,342 | +€9,750 | +1.1% |
| Equity | 10/15 | €722,567 | €673,201 | -€49,366 | -6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €716,367 | €667,001 | -€49,366 | -6.9% |
| 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 | €714,507 | €665,141 | -€49,366 | -6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €129,026 | €188,142 | +€59,116 | +45.8% |
| Amounts payable after more than one year | 17 | €26,598 | €10,720 | -€15,878 | -59.7% |
| Financial debts | 170/4 | €26,598 | €10,720 | -€15,878 | -59.7% |
| Amounts payable within one year | 42/48 | €102,251 | €177,422 | +€75,171 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | €15,696 | €15,933 | +€238 | +1.5% |
| Financial debts | 43 | €1,336 | €0 | -€1,336 | -100% |
| Credit institutions | 430/8 | €1,336 | €0 | -€1,336 | -100% |
| Trade debts | 44 | €1,178 | €2,782 | +€1,604 | +136% |
| Suppliers | 440/4 | €1,178 | €2,782 | +€1,604 | +136% |
| Advances received on contracts in progress | 46 | €19,360 | €0 | -€19,360 | -100% |
| Taxes, remuneration and social security | 45 | €8,745 | €8,755 | +€10 | +0.1% |
| Taxes | 450/3 | €8,745 | €4,029 | -€4,716 | -53.9% |
| Remuneration and social security | 454/9 | €0 | €4,726 | +€4,726 | |
| Other amounts payable | 47/48 | €55,936 | €149,951 | +€94,015 | +168% |
| Accrued charges and deferred income | 492/3 | €177 | €0 | -€177 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,799 | €30,323 | -€475 | -1.5% |
| Other operating charges | 640/8 | €6,521 | €7,942 | +€1,421 | +21.8% |
| Gross operating margin | 9900 | €182,875 | €174,822 | -€8,053 | -4.4% |
| Operating profit (loss) | 9901 | €145,555 | €136,557 | -€8,998 | -6.2% |
| Financial income | 75/76B | €17,463 | €9,433 | -€8,030 | -46.0% |
| Recurring financial income | 75 | €17,463 | €9,433 | -€8,030 | -46.0% |
| Financial charges | 65/66B | €1,271 | €715 | -€557 | -43.8% |
| Recurring financial charges | 65 | €1,271 | €715 | -€557 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €161,746 | €145,275 | -€16,471 | -10.2% |
| Income taxes | 67/77 | €50,124 | €45,663 | -€4,461 | -8.9% |
| Profit (loss) for the period | 9904 | €111,622 | €99,613 | -€12,010 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €111,622 | €99,613 | -€12,010 | -10.8% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.