CREATIVE@WOOD: 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@WOOD
Largest movements
- Receivables within one year -€55,980
down €55,980 (-64.3%), from €86,996 to €31,015
of which Trade receivables: -€59,366
- Stocks and contracts +€8,500
up €8,500 (+73.9%), from €11,500 to €20,000
- Trade debts -€29,038
down €29,038 (-52.6%), from €55,248 to €26,210
- Profit (loss) carried forward -€12,811
down €12,811 (-71.4%), from €17,933 to €5,122
- Debts after one year -€7,078
down €7,078 (-32.6%), from €21,726 to €14,647
- Tax, wage and social debts +€1,789
up €1,789 (+629%), from €284 to €2,073
- Gross operating margin -€16,687
down €16,687, from €14,656 to -€2,031
- Depreciation -€3,495
down €3,495 (-34.8%), from €10,031 to €6,535
- Other operating charges +€296
up €296 (+26.0%), from €1,140 to €1,436
- Financial charges -€212
down €212 (-7.7%), from €2,754 to €2,542
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 | €146,521 | €100,303 | -€46,218 | -31.5% |
| Fixed assets | 21/28 | €44,962 | €44,993 | +€31 | +0.1% |
| Tangible fixed assets | 22/27 | €44,962 | €44,993 | +€31 | +0.1% |
| Plant, machinery and equipment | 23 | €298 | €110 | -€188 | -63.1% |
| Furniture and vehicles | 24 | €44,664 | €44,883 | +€219 | +0.5% |
| Current assets | 29/58 | €101,559 | €55,310 | -€46,249 | -45.5% |
| Stocks and contracts in progress | 3 | €11,500 | €20,000 | +€8,500 | +73.9% |
| Contracts in progress | 37 | €11,500 | €20,000 | +€8,500 | +73.9% |
| Amounts receivable within one year | 40/41 | €86,996 | €31,015 | -€55,980 | -64.3% |
| Trade receivables | 40 | €59,587 | €221 | -€59,366 | -99.6% |
| Other amounts receivable | 41 | €27,408 | €30,794 | +€3,386 | +12.4% |
| Cash at bank and in hand | 54/58 | €3,064 | €4,295 | +€1,231 | +40.2% |
| Total equity and liabilities | 10/49 | €146,521 | €100,303 | -€46,218 | -31.5% |
| Equity | 10/15 | €53,885 | €41,074 | -€12,811 | -23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,752 | €29,752 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €12,252 | €12,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,933 | €5,122 | -€12,811 | -71.4% |
| Amounts payable | 17/49 | €92,636 | €59,229 | -€33,407 | -36.1% |
| Amounts payable after more than one year | 17 | €21,726 | €14,647 | -€7,078 | -32.6% |
| Financial debts | 170/4 | €21,726 | €14,647 | -€7,078 | -32.6% |
| Amounts payable within one year | 42/48 | €70,910 | €44,582 | -€26,328 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €9,967 | €10,263 | +€296 | +3.0% |
| Financial debts | 43 | €5,411 | €6,036 | +€625 | +11.6% |
| Credit institutions | 430/8 | €5,411 | €6,036 | +€625 | +11.6% |
| Trade debts | 44 | €55,248 | €26,210 | -€29,038 | -52.6% |
| Suppliers | 440/4 | €55,248 | €26,210 | -€29,038 | -52.6% |
| Taxes, remuneration and social security | 45 | €284 | €2,073 | +€1,789 | +629% |
| Taxes | 450/3 | €284 | €2,073 | +€1,789 | +629% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,031 | €6,535 | -€3,495 | -34.8% |
| Other operating charges | 640/8 | €1,140 | €1,436 | +€296 | +26.0% |
| Gross operating margin | 9900 | €14,656 | -€2,031 | -€16,687 | |
| Operating profit (loss) | 9901 | €3,485 | -€10,003 | -€13,488 | |
| Financial income | 75/76B | €19 | €23 | +€4 | +19.0% |
| Recurring financial income | 75 | €19 | €23 | +€4 | +19.0% |
| Financial charges | 65/66B | €2,754 | €2,542 | -€212 | -7.7% |
| Recurring financial charges | 65 | €2,754 | €2,542 | -€212 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €750 | -€12,522 | -€13,272 | |
| Income taxes | 67/77 | €284 | €289 | +€4 | +1.5% |
| Profit (loss) for the period | 9904 | €466 | -€12,811 | -€13,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €466 | -€12,811 | -€13,277 |
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.