CREATIZ: 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.
CREATIZ
Largest movements
- Tangible fixed assets -€2,864
down €2,864 (-5.2%), from €54,787 to €51,923
of which Land and buildings: -€2,121
- Reserves +€6,864
up €6,864 (+66.9%), from €10,253 to €17,116
- Debts after one year -€3,408
down €3,408 (-9.3%), from €36,571 to €33,163
- Other debts -€3,100
no longer reported in 2025 (was €3,100)
- Tax, wage and social debts -€2,754
down €2,754 (-43.3%), from €6,354 to €3,600
of which Taxes: -€2,896
- Trade debts -€2,090
down €2,090 (-7.8%), from €26,845 to €24,755
- Gross operating margin +€3,288
up €3,288 (+22.3%), from €14,767 to €18,055
- Staff costs -€1,169
no longer reported in 2025 (was €1,169)
- Depreciation +€949
up €949 (+14.4%), from €6,568 to €7,517
- Taxes +€836
up €836 (+66.1%), from €1,265 to €2,101
- Financial income -€543
down €543 (-55.7%), from €974 to €432
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 | €101,453 | €98,332 | -€3,121 | -3.1% |
| Fixed assets | 21/28 | €54,937 | €52,073 | -€2,864 | -5.2% |
| Tangible fixed assets | 22/27 | €54,787 | €51,923 | -€2,864 | -5.2% |
| Land and buildings | 22 | €40,291 | €38,170 | -€2,121 | -5.3% |
| Plant, machinery and equipment | 23 | €13,172 | €11,854 | -€1,318 | -10.0% |
| Furniture and vehicles | 24 | €1,324 | €1,899 | +€575 | +43.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €46,516 | €46,259 | -€257 | -0.6% |
| Amounts receivable within one year | 40/41 | €31,661 | €30,994 | -€667 | -2.1% |
| Trade receivables | 40 | €18,130 | €21,002 | +€2,872 | +15.8% |
| Other amounts receivable | 41 | €13,531 | €9,991 | -€3,539 | -26.2% |
| Cash at bank and in hand | 54/58 | €14,811 | €15,118 | +€307 | +2.1% |
| Deferred charges and accrued income | 490/1 | €44 | €147 | +€103 | +230.9% |
| Total equity and liabilities | 10/49 | €101,453 | €98,332 | -€3,121 | -3.1% |
| Equity | 10/15 | €25,753 | €32,616 | +€6,864 | +26.7% |
| Contributions | 10/11 | €15,500 | €15,500 | = | 0.0% |
| Reserves | 13 | €10,253 | €17,116 | +€6,864 | +66.9% |
| Distributable reserves | 133 | €10,253 | €17,116 | +€6,864 | +66.9% |
| Amounts payable | 17/49 | €75,700 | €65,716 | -€9,985 | -13.2% |
| Amounts payable after more than one year | 17 | €36,571 | €33,163 | -€3,408 | -9.3% |
| Financial debts | 170/4 | €36,571 | €33,163 | -€3,408 | -9.3% |
| Amounts payable within one year | 42/48 | €39,130 | €32,553 | -€6,576 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €2,831 | €4,198 | +€1,368 | +48.3% |
| Trade debts | 44 | €26,845 | €24,755 | -€2,090 | -7.8% |
| Suppliers | 440/4 | €26,845 | €24,755 | -€2,090 | -7.8% |
| Taxes, remuneration and social security | 45 | €6,354 | €3,600 | -€2,754 | -43.3% |
| Taxes | 450/3 | €4,996 | €2,100 | -€2,896 | -58.0% |
| Remuneration and social security | 454/9 | €1,357 | €1,500 | +€143 | +10.5% |
| Other amounts payable | 47/48 | €3,100 | - | -€3,100 | |
| Non-recurring operating income | 76A | €5,714 | - | -€5,714 | |
| Remuneration, social security and pensions | 62 | €1,169 | - | -€1,169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,568 | €7,517 | +€949 | +14.4% |
| Other operating charges | 640/8 | €349 | €278 | -€71 | -20.4% |
| Gross operating margin | 9900 | €14,767 | €18,055 | +€3,288 | +22.3% |
| Operating profit (loss) | 9901 | €6,681 | €10,260 | +€3,579 | +53.6% |
| Financial income | 75/76B | €974 | €432 | -€543 | -55.7% |
| Recurring financial income | 75 | €974 | €432 | -€543 | -55.7% |
| Financial charges | 65/66B | €1,486 | €1,726 | +€241 | +16.2% |
| Recurring financial charges | 65 | €1,486 | €1,726 | +€241 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €6,169 | €8,965 | +€2,796 | +45.3% |
| Income taxes | 67/77 | €1,265 | €2,101 | +€836 | +66.1% |
| Profit (loss) for the period | 9904 | €4,904 | €6,864 | +€1,960 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,904 | €6,864 | +€1,960 | +40.0% |
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 7 October 2026 via checked.be.