CREATIVE VISIONS: 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 VISIONS
Largest movements
- Tangible fixed assets +€11,613
up €11,613 (+73.7%), from €15,749 to €27,363
of which Furniture and vehicles: +€13,680
- Receivables within one year -€5,486
down €5,486 (-49.2%), from €11,146 to €5,660
of which Other amounts receivable: -€5,375
- Cash -€1,683
down €1,683 (-6.3%), from €26,834 to €25,151
mainly Investment in fixed assets (net) (-€22,307) and Other debts (-€3,849)
- Deferred charges and accrued income +€946
new in 2025: €946
- Reserves +€6,500
up €6,500 (+20.4%), from €31,860 to €38,360
of which Distributable reserves: +€6,500
- Other debts -€3,849
down €3,849 (-56.5%), from €6,811 to €2,962
- Profit (loss) carried forward +€925
up €925 (+33.6%), from -€2,757 to -€1,832
- Tax, wage and social debts +€693
up €693 (+46.1%), from €1,503 to €2,196
- Gross operating margin +€8,842
up €8,842 (+61.2%), from €14,459 to €23,301
- Depreciation +€5,245
up €5,245 (+96.3%), from €5,448 to €10,693
- Taxes +€1,283
up €1,283 (+47.0%), from €2,729 to €4,012
- Write-downs +€528
new in 2025: €528
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 | €56,367 | €61,230 | +€4,863 | +8.6% |
| Fixed assets | 21/28 | €15,749 | €27,363 | +€11,613 | +73.7% |
| Tangible fixed assets | 22/27 | €15,749 | €27,363 | +€11,613 | +73.7% |
| Plant, machinery and equipment | 23 | €2,901 | €835 | -€2,066 | -71.2% |
| Furniture and vehicles | 24 | €12,848 | €26,528 | +€13,680 | +106.5% |
| Current assets | 29/58 | €40,618 | €33,867 | -€6,751 | -16.6% |
| Stocks and contracts in progress | 3 | €2,638 | €2,110 | -€528 | -20.0% |
| Stocks | 30/36 | €2,638 | €2,110 | -€528 | -20.0% |
| Amounts receivable within one year | 40/41 | €11,146 | €5,660 | -€5,486 | -49.2% |
| Trade receivables | 40 | €5,771 | €5,660 | -€111 | -1.9% |
| Other amounts receivable | 41 | €5,375 | - | -€5,375 | |
| Cash at bank and in hand | 54/58 | €26,834 | €25,151 | -€1,683 | -6.3% |
| Deferred charges and accrued income | 490/1 | - | €946 | +€946 | |
| Total equity and liabilities | 10/49 | €56,367 | €61,230 | +€4,863 | +8.6% |
| Equity | 10/15 | €47,703 | €55,129 | +€7,425 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €38,360 | +€6,500 | +20.4% |
| 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 | €30,000 | €36,500 | +€6,500 | +21.7% |
| Profit (loss) carried forward | 14 | -€2,757 | -€1,832 | +€925 | +33.6% |
| Amounts payable | 17/49 | €8,664 | €6,101 | -€2,563 | -29.6% |
| Amounts payable within one year | 42/48 | €8,664 | €6,101 | -€2,563 | -29.6% |
| Trade debts | 44 | €350 | €943 | +€593 | +169.3% |
| Suppliers | 440/4 | €350 | €943 | +€593 | +169.3% |
| Taxes, remuneration and social security | 45 | €1,503 | €2,196 | +€693 | +46.1% |
| Taxes | 450/3 | €1,503 | €2,196 | +€693 | +46.1% |
| Other amounts payable | 47/48 | €6,811 | €2,962 | -€3,849 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,448 | €10,693 | +€5,245 | +96.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €528 | +€528 | |
| Other operating charges | 640/8 | €445 | €543 | +€99 | +22.2% |
| Gross operating margin | 9900 | €14,459 | €23,301 | +€8,842 | +61.2% |
| Operating profit (loss) | 9901 | €8,567 | €11,537 | +€2,971 | +34.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €60 | €100 | +€40 | +65.6% |
| Recurring financial charges | 65 | €60 | €100 | +€40 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €8,506 | €11,437 | +€2,931 | +34.5% |
| Income taxes | 67/77 | €2,729 | €4,012 | +€1,283 | +47.0% |
| Profit (loss) for the period | 9904 | €5,777 | €7,425 | +€1,648 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,777 | €7,425 | +€1,648 | +28.5% |
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 9 October 2026 via checked.be.