CREATIVORES: 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.
CREATIVORES
Largest movements
- Cash -€166,214
down €166,214 (-60.3%), from €275,714 to €109,500
mainly Accrued charges and deferred income (-€145,614) and Other debts (-€100,000)
- Receivables within one year -€22,610
down €22,610 (-59.5%), from €38,024 to €15,413
of which Other amounts receivable: -€13,632
- Accrued charges and deferred income -€145,614
down €145,614 (-99.7%), from €146,102 to €489
- Other debts -€100,000
no longer reported in 2025 (was €100,000)
- Profit (loss) carried forward +€95,765
up €95,765 (+3536.6%), from €2,708 to €98,473
- Tax, wage and social debts -€41,311
down €41,311 (-86.6%), from €47,699 to €6,388
of which Taxes: -€44,712
- Gross operating margin +€39,569
up €39,569 (+47.4%), from €83,487 to €123,055
- Taxes +€10,383
up €10,383 (+64.0%), from €16,232 to €26,615
- Depreciation -€5,679
down €5,679 (-78.7%), from €7,212 to €1,533
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 | €317,340 | €128,527 | -€188,813 | -59.5% |
| Fixed assets | 21/28 | €2,641 | €1,108 | -€1,533 | -58.0% |
| Tangible fixed assets | 22/27 | €2,616 | €1,083 | -€1,533 | -58.6% |
| Furniture and vehicles | 24 | €2,616 | €1,083 | -€1,533 | -58.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €314,699 | €127,419 | -€187,280 | -59.5% |
| Amounts receivable within one year | 40/41 | €38,024 | €15,413 | -€22,610 | -59.5% |
| Trade receivables | 40 | €23,174 | €14,195 | -€8,979 | -38.7% |
| Other amounts receivable | 41 | €14,850 | €1,218 | -€13,632 | -91.8% |
| Cash at bank and in hand | 54/58 | €275,714 | €109,500 | -€166,214 | -60.3% |
| Deferred charges and accrued income | 490/1 | €962 | €2,506 | +€1,544 | +160.6% |
| Total equity and liabilities | 10/49 | €317,340 | €128,527 | -€188,813 | -59.5% |
| Equity | 10/15 | €23,168 | €118,933 | +€95,765 | +413.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,708 | €98,473 | +€95,765 | +3536.6% |
| Amounts payable | 17/49 | €294,172 | €9,594 | -€284,578 | -96.7% |
| Amounts payable within one year | 42/48 | €148,070 | €9,106 | -€138,964 | -93.9% |
| Trade debts | 44 | €371 | €2,718 | +€2,347 | +633.1% |
| Suppliers | 440/4 | €371 | €2,718 | +€2,347 | +633.1% |
| Taxes, remuneration and social security | 45 | €47,699 | €6,388 | -€41,311 | -86.6% |
| Taxes | 450/3 | €47,699 | €2,987 | -€44,712 | -93.7% |
| Remuneration and social security | 454/9 | - | €3,401 | +€3,401 | |
| Other amounts payable | 47/48 | €100,000 | - | -€100,000 | |
| Accrued charges and deferred income | 492/3 | €146,102 | €489 | -€145,614 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,212 | €1,533 | -€5,679 | -78.7% |
| Other operating charges | 640/8 | €892 | €926 | +€33 | +3.7% |
| Gross operating margin | 9900 | €83,487 | €123,055 | +€39,569 | +47.4% |
| Operating profit (loss) | 9901 | €75,383 | €120,597 | +€45,215 | +60.0% |
| Financial income | 75/76B | €722 | €1,902 | +€1,180 | +163.5% |
| Recurring financial income | 75 | €722 | €1,902 | +€1,180 | +163.5% |
| Financial charges | 65/66B | €146 | €119 | -€28 | -18.9% |
| Recurring financial charges | 65 | €146 | €119 | -€28 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €75,958 | €122,380 | +€46,422 | +61.1% |
| Income taxes | 67/77 | €16,232 | €26,615 | +€10,383 | +64.0% |
| Profit (loss) for the period | 9904 | €59,726 | €95,765 | +€36,039 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,726 | €95,765 | +€36,039 | +60.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.