CREATIVE VENTURES: 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 VENTURES
Largest movements
- Stocks and contracts -€10,375
down €10,375 (-82.8%), from €12,528 to €2,153
- Receivables within one year -€10,375
down €10,375 (-91.6%), from €11,328 to €953
of which Trade receivables: -€10,375
- Tangible fixed assets -€5,990
down €5,990 (-6.7%), from €89,009 to €83,019
of which Land and buildings: -€89,009
- Profit (loss) carried forward -€19,120
down €19,120 (-22.4%), from -€85,422 to -€104,542
- Debts after one year -€6,819
down €6,819 (-41.3%), from €16,499 to €9,680
- Turnover -€22,602
down €22,602 (-86.2%), from €26,226 to €3,624
- Gross operating margin -€13,563
down €13,563, from €4,514 to -€9,049
- Purchases and services -€9,040
down €9,040 (-41.6%), from €21,712 to €12,672
- Financial charges +€591
up €591 (+20.6%), from €2,869 to €3,459
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,019 | €86,204 | -€27,815 | -24.4% |
| Fixed assets | 21/28 | €89,009 | €83,019 | -€5,990 | -6.7% |
| Tangible fixed assets | 22/27 | €89,009 | €83,019 | -€5,990 | -6.7% |
| Land and buildings | 22 | €89,009 | - | -€89,009 | |
| Plant, machinery and equipment | 23 | - | €83,019 | +€83,019 | |
| Current assets | 29/58 | €25,010 | €3,185 | -€21,825 | -87.3% |
| Stocks and contracts in progress | 3 | €12,528 | €2,153 | -€10,375 | -82.8% |
| Stocks | 30/36 | €12,528 | €2,153 | -€10,375 | -82.8% |
| Amounts receivable within one year | 40/41 | €11,328 | €953 | -€10,375 | -91.6% |
| Trade receivables | 40 | €10,375 | - | -€10,375 | |
| Other amounts receivable | 41 | €953 | €953 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,154 | €79 | -€1,075 | -93.2% |
| Total equity and liabilities | 10/49 | €114,019 | €86,204 | -€27,815 | -24.4% |
| Equity | 10/15 | €63,879 | €44,759 | -€19,120 | -29.9% |
| Contributions | 10/11 | €148,800 | €148,800 | = | 0.0% |
| Capital | 10 | €148,800 | €148,800 | = | 0.0% |
| Issued capital | 100 | €148,800 | €148,800 | = | 0.0% |
| Reserves | 13 | €501 | €501 | = | 0.0% |
| Non-distributable reserves | 130/1 | €501 | €501 | = | 0.0% |
| Legal reserve | 130 | €501 | €501 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,422 | -€104,542 | -€19,120 | -22.4% |
| Amounts payable | 17/49 | €50,140 | €41,445 | -€8,695 | -17.3% |
| Amounts payable after more than one year | 17 | €16,499 | €9,680 | -€6,819 | -41.3% |
| Financial debts | 170/4 | €16,499 | €9,680 | -€6,819 | -41.3% |
| Amounts payable within one year | 42/48 | €8,029 | €7,248 | -€781 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €6,625 | €6,625 | -€0 | 0.0% |
| Trade debts | 44 | €629 | - | -€629 | |
| Suppliers | 440/4 | €629 | - | -€629 | |
| Taxes, remuneration and social security | 45 | €774 | €623 | -€151 | -19.6% |
| Taxes | 450/3 | €774 | €623 | -€151 | -19.6% |
| Accrued charges and deferred income | 492/3 | €25,612 | €24,517 | -€1,095 | -4.3% |
| Turnover | 70 | €26,226 | €3,624 | -€22,602 | -86.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,712 | €12,672 | -€9,040 | -41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,990 | €5,990 | = | 0.0% |
| Gross operating margin | 9900 | €4,514 | -€9,049 | -€13,563 | |
| Operating profit (loss) | 9901 | -€1,476 | -€15,039 | -€13,563 | -918.9% |
| Financial charges | 65/66B | €2,869 | €3,459 | +€591 | +20.6% |
| Recurring financial charges | 65 | €2,869 | €3,459 | +€591 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,344 | -€18,498 | -€14,153 | -325.8% |
| Income taxes | 67/77 | €774 | €623 | -€151 | -19.6% |
| Profit (loss) for the period | 9904 | -€5,118 | -€19,120 | -€14,002 | -273.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,118 | -€19,120 | -€14,002 | -273.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.