Creative Therapy: 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 Therapy
Largest movements
- Intangible fixed assets -€42,290
down €42,290 (-34.2%), from €123,726 to €81,436
- Receivables within one year -€32,290
down €32,290 (-76.1%), from €42,456 to €10,166
of which Trade receivables: -€31,085
- Formation expenses -€9,217
down €9,217 (-27.9%), from €33,069 to €23,852
- Cash -€5,594
down €5,594 (-26.1%), from €21,421 to €15,827
mainly Trade debts (-€38,931) and Net result for the year (-€37,143)
- Trade debts -€38,931
down €38,931 (-86.5%), from €45,012 to €6,081
- Profit (loss) carried forward -€37,143
down €37,143 (-6.9%), from -€534,502 to -€571,644
- Debts after one year -€22,064
down €22,064 (-10.7%), from €205,817 to €183,753
- Accrued charges and deferred income +€8,513
up €8,513 (+115%), from €7,375 to €15,887
- Gross operating margin +€161,521
up €161,521, from -€129,247 to €32,274
- Staff costs -€94,694
down €94,694 (-95.9%), from €98,785 to €4,091
- Depreciation -€19,353
down €19,353 (-26.8%), from €72,107 to €52,754
- Financial charges +€1,365
up €1,365 (+12.4%), from €11,023 to €12,388
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 | €269,735 | €178,786 | -€90,949 | -33.7% |
| Formation expenses | 20 | €33,069 | €23,852 | -€9,217 | -27.9% |
| Fixed assets | 21/28 | €125,934 | €82,397 | -€43,537 | -34.6% |
| Intangible fixed assets | 21 | €123,726 | €81,436 | -€42,290 | -34.2% |
| Tangible fixed assets | 22/27 | €2,208 | €961 | -€1,248 | -56.5% |
| Plant, machinery and equipment | 23 | €24 | €0 | -€24 | -100% |
| Furniture and vehicles | 24 | €2,184 | €961 | -€1,223 | -56.0% |
| Current assets | 29/58 | €110,732 | €72,538 | -€38,194 | -34.5% |
| Stocks and contracts in progress | 3 | €45,984 | €45,984 | = | 0.0% |
| Stocks | 30/36 | €45,984 | €45,984 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,456 | €10,166 | -€32,290 | -76.1% |
| Trade receivables | 40 | €41,059 | €9,974 | -€31,085 | -75.7% |
| Other amounts receivable | 41 | €1,397 | €192 | -€1,205 | -86.2% |
| Cash at bank and in hand | 54/58 | €21,421 | €15,827 | -€5,594 | -26.1% |
| Deferred charges and accrued income | 490/1 | €871 | €561 | -€310 | -35.6% |
| Total equity and liabilities | 10/49 | €269,735 | €178,786 | -€90,949 | -33.7% |
| Equity | 10/15 | -€30,123 | -€67,266 | -€37,143 | -123% |
| Contributions | 10/11 | €504,378 | €504,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€534,502 | -€571,644 | -€37,143 | -6.9% |
| Amounts payable | 17/49 | €299,858 | €246,052 | -€53,806 | -17.9% |
| Amounts payable after more than one year | 17 | €205,817 | €183,753 | -€22,064 | -10.7% |
| Financial debts | 170/4 | €205,817 | €183,753 | -€22,064 | -10.7% |
| Amounts payable within one year | 42/48 | €86,666 | €46,412 | -€40,254 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €34,054 | €34,652 | +€598 | +1.8% |
| Trade debts | 44 | €45,012 | €6,081 | -€38,931 | -86.5% |
| Suppliers | 440/4 | €45,012 | €6,081 | -€38,931 | -86.5% |
| Taxes, remuneration and social security | 45 | €3,300 | €1,948 | -€1,352 | -41.0% |
| Taxes | 450/3 | €180 | €148 | -€31 | -17.5% |
| Remuneration and social security | 454/9 | €3,121 | €1,800 | -€1,321 | -42.3% |
| Other amounts payable | 47/48 | €4,301 | €3,731 | -€570 | -13.2% |
| Accrued charges and deferred income | 492/3 | €7,375 | €15,887 | +€8,513 | +115% |
| Remuneration, social security and pensions | 62 | €98,785 | €4,091 | -€94,694 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,107 | €52,754 | -€19,353 | -26.8% |
| Other operating charges | 640/8 | €1,333 | €95 | -€1,238 | -92.9% |
| Gross operating margin | 9900 | -€129,247 | €32,274 | +€161,521 | |
| Operating profit (loss) | 9901 | -€301,472 | -€24,666 | +€276,806 | +91.8% |
| Financial income | 75/76B | €331 | €28 | -€303 | -91.6% |
| Recurring financial income | 75 | €331 | €28 | -€303 | -91.6% |
| Financial charges | 65/66B | €11,023 | €12,388 | +€1,365 | +12.4% |
| Recurring financial charges | 65 | €11,023 | €12,388 | +€1,365 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€312,164 | -€37,026 | +€275,138 | +88.1% |
| Income taxes | 67/77 | €141 | €117 | -€23 | -16.7% |
| Profit (loss) for the period | 9904 | -€312,305 | -€37,143 | +€275,162 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€312,305 | -€37,143 | +€275,162 | +88.1% |
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 18 October 2026 via checked.be.