CREATIVE STRATEGY: 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 STRATEGY
Largest movements
- Receivables within one year +€9,132
up €9,132 (+43.3%), from €21,085 to €30,217
of which Other amounts receivable: +€5,235
- Cash -€7,069
down €7,069 (-11.2%), from €63,229 to €56,160
mainly Contributions, distributions and other (-€16,000) and Receivables within one year (-€9,132)
- Tangible fixed assets -€2,749
down €2,749 (-43.3%), from €6,354 to €3,605
of which Furniture and vehicles: -€2,304
- Deferred charges and accrued income -€2,719
down €2,719 (-64.1%), from €4,240 to €1,521
- Reserves -€16,000
down €16,000 (-22.2%), from €72,000 to €56,000
- Other debts +€14,361
up €14,361 (+399.7%), from €3,593 to €17,954
- Profit (loss) carried forward -€1,144
down €1,144, from €751 to -€394
- Trade debts -€1,091
down €1,091 (-12.8%), from €8,551 to €7,460
- Gross operating margin -€22,491
down €22,491 (-55.8%), from €40,312 to €17,821
- Taxes -€6,162
down €6,162 (-97.9%), from €6,294 to €132
- Depreciation +€850
up €850 (+30.3%), from €2,807 to €3,657
- Staff costs -€797
down €797 (-5.5%), from €14,577 to €13,780
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 | €94,909 | €91,503 | -€3,405 | -3.6% |
| Fixed assets | 21/28 | €6,354 | €3,605 | -€2,749 | -43.3% |
| Tangible fixed assets | 22/27 | €6,354 | €3,605 | -€2,749 | -43.3% |
| Plant, machinery and equipment | 23 | €2,077 | €1,631 | -€445 | -21.5% |
| Furniture and vehicles | 24 | €4,278 | €1,974 | -€2,304 | -53.9% |
| Current assets | 29/58 | €88,554 | €87,898 | -€656 | -0.7% |
| Amounts receivable within one year | 40/41 | €21,085 | €30,217 | +€9,132 | +43.3% |
| Trade receivables | 40 | €21,085 | €24,982 | +€3,897 | +18.5% |
| Other amounts receivable | 41 | - | €5,235 | +€5,235 | |
| Cash at bank and in hand | 54/58 | €63,229 | €56,160 | -€7,069 | -11.2% |
| Deferred charges and accrued income | 490/1 | €4,240 | €1,521 | -€2,719 | -64.1% |
| Total equity and liabilities | 10/49 | €94,909 | €91,503 | -€3,405 | -3.6% |
| Equity | 10/15 | €76,751 | €59,606 | -€17,144 | -22.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €72,000 | €56,000 | -€16,000 | -22.2% |
| Distributable reserves | 133 | €72,000 | €56,000 | -€16,000 | -22.2% |
| Profit (loss) carried forward | 14 | €751 | -€394 | -€1,144 | |
| Amounts payable | 17/49 | €18,158 | €31,897 | +€13,739 | +75.7% |
| Amounts payable within one year | 42/48 | €17,821 | €31,897 | +€14,076 | +79.0% |
| Trade debts | 44 | €8,551 | €7,460 | -€1,091 | -12.8% |
| Suppliers | 440/4 | €8,551 | €7,460 | -€1,091 | -12.8% |
| Taxes, remuneration and social security | 45 | €5,677 | €6,483 | +€806 | +14.2% |
| Taxes | 450/3 | €3,597 | €5,896 | +€2,298 | +63.9% |
| Remuneration and social security | 454/9 | €2,079 | €587 | -€1,492 | -71.8% |
| Other amounts payable | 47/48 | €3,593 | €17,954 | +€14,361 | +399.7% |
| Accrued charges and deferred income | 492/3 | €337 | - | -€337 | |
| Remuneration, social security and pensions | 62 | €14,577 | €13,780 | -€797 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,807 | €3,657 | +€850 | +30.3% |
| Other operating charges | 640/8 | €649 | €499 | -€149 | -23.0% |
| Gross operating margin | 9900 | €40,312 | €17,821 | -€22,491 | -55.8% |
| Operating profit (loss) | 9901 | €22,279 | -€116 | -€22,394 | |
| Financial income | 75/76B | €0 | €129 | +€129 | +642850.0% |
| Recurring financial income | 75 | €0 | €129 | +€129 | +642850.0% |
| Financial charges | 65/66B | €1,094 | €1,025 | -€68 | -6.3% |
| Recurring financial charges | 65 | €1,094 | €1,025 | -€68 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €21,185 | -€1,012 | -€22,197 | |
| Income taxes | 67/77 | €6,294 | €132 | -€6,162 | -97.9% |
| Profit (loss) for the period | 9904 | €14,891 | -€1,144 | -€16,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,891 | -€1,144 | -€16,035 |
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.