Creative Workers - Creatieve Werkers: 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 Workers - Creatieve Werkers
Largest movements
- Current assets -€23,790
down €23,790 (-16.5%), from €144,011 to €120,221
of which Receivables within one year: -€93,726
- Tangible fixed assets -€2,845
down €2,845 (-19.3%), from €14,737 to €11,892
- Debts -€42,287
down €42,287 (-58.2%), from €72,598 to €30,311
- Equity +€15,784
up €15,784 (+17.9%), from €88,238 to €104,022
- Gross operating margin -€91,381
down €91,381 (-24.9%), from €366,726 to €275,345
- Depreciation -€7,992
down €7,992 (-37.8%), from €21,152 to €13,159
From the 2016 result to the 2017 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,836 | €134,333 | -€26,503 | -16.5% |
| Fixed assets | 21/28 | €16,826 | €14,112 | -€2,713 | -16.1% |
| Tangible fixed assets | 22/27 | €14,737 | €11,892 | -€2,845 | -19.3% |
| Financial fixed assets | 28 | €2,089 | €2,221 | +€132 | +6.3% |
| Current assets | 29/58 | €144,011 | €120,221 | -€23,790 | -16.5% |
| Amounts receivable within one year | 40/41 | €140,905 | €47,179 | -€93,726 | -66.5% |
| Cash at bank and in hand | 54/58 | €195 | €70,026 | +€69,831 | +35,883% |
| Total equity and liabilities | 10/49 | €160,836 | €134,333 | -€26,503 | -16.5% |
| Equity | 10/15 | €88,238 | €104,022 | +€15,784 | +17.9% |
| Profit (loss) carried forward | 14 | €83,892 | €99,676 | +€15,784 | +18.8% |
| Amounts payable | 17/49 | €72,598 | €30,311 | -€42,287 | -58.2% |
| Amounts payable within one year | 42/48 | €65,323 | €23,180 | -€42,143 | -64.5% |
| Trade debts | 44 | €11,229 | €3,290 | -€7,940 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,152 | €13,159 | -€7,992 | -37.8% |
| Gross operating margin | 9900 | €366,726 | €275,345 | -€91,381 | -24.9% |
| Operating profit (loss) | 9901 | €58,942 | €17,523 | -€41,420 | -70.3% |
| Recurring financial income | 75 | €73 | €14 | -€58 | -80.0% |
| Recurring financial charges | 65 | €1,134 | €1,512 | +€378 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €57,880 | €16,025 | -€41,855 | -72.3% |
| Profit (loss) for the period | 9904 | €57,325 | €15,784 | -€41,541 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,325 | €15,784 | -€41,541 | -72.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.