Creatool: 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.
Creatool
Largest movements
- Stocks and contracts +€12,485
up €12,485 (+53.9%), from €23,175 to €35,660
- Receivables within one year -€10,396
down €10,396 (-42.6%), from €24,399 to €14,004
of which Trade receivables: -€6,626
- Tangible fixed assets -€9,336
down €9,336 (-20.9%), from €44,677 to €35,341
of which Furniture and vehicles: -€7,216
- Cash -€1,154
down €1,154 (-32.9%), from €3,508 to €2,354
mainly Stocks and contracts (-€12,485) and Debts after one year (-€12,333)
- Profit (loss) carried forward +€16,608
up €16,608 (+38.5%), from -€43,114 to -€26,506
- Debts after one year -€12,333
down €12,333 (-65.7%), from €18,761 to €6,429
- Trade debts -€5,579
down €5,579 (-45.6%), from €12,247 to €6,668
- Current portion of long-term debt -€4,961
down €4,961 (-28.7%), from €17,294 to €12,333
- Other debts -€3,270
down €3,270 (-4.7%), from €70,060 to €66,790
- Gross operating margin +€7,725
up €7,725 (+13.5%), from €57,092 to €64,817
- Other operating charges -€3,380
down €3,380 (-71.7%), from €4,715 to €1,335
- Depreciation +€2,917
up €2,917 (+33.8%), from €8,624 to €11,541
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 | €101,796 | €94,346 | -€7,450 | -7.3% |
| Fixed assets | 21/28 | €48,247 | €39,811 | -€8,436 | -17.5% |
| Tangible fixed assets | 22/27 | €44,677 | €35,341 | -€9,336 | -20.9% |
| Plant, machinery and equipment | 23 | €17,163 | €12,895 | -€4,268 | -24.9% |
| Furniture and vehicles | 24 | €27,514 | €20,298 | -€7,216 | -26.2% |
| Other tangible fixed assets | 26 | - | €2,148 | +€2,148 | |
| Financial fixed assets | 28 | €3,570 | €4,470 | +€900 | +25.2% |
| Current assets | 29/58 | €53,549 | €54,535 | +€986 | +1.8% |
| Stocks and contracts in progress | 3 | €23,175 | €35,660 | +€12,485 | +53.9% |
| Stocks | 30/36 | €23,175 | €35,660 | +€12,485 | +53.9% |
| Amounts receivable within one year | 40/41 | €24,399 | €14,004 | -€10,396 | -42.6% |
| Trade receivables | 40 | €20,025 | €13,399 | -€6,626 | -33.1% |
| Other amounts receivable | 41 | €4,374 | €605 | -€3,770 | -86.2% |
| Cash at bank and in hand | 54/58 | €3,508 | €2,354 | -€1,154 | -32.9% |
| Deferred charges and accrued income | 490/1 | €2,466 | €2,518 | +€51 | +2.1% |
| Total equity and liabilities | 10/49 | €101,796 | €94,346 | -€7,450 | -7.3% |
| Equity | 10/15 | -€24,514 | -€7,906 | +€16,608 | +67.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,114 | -€26,506 | +€16,608 | +38.5% |
| Amounts payable | 17/49 | €126,310 | €102,252 | -€24,058 | -19.0% |
| Amounts payable after more than one year | 17 | €18,761 | €6,429 | -€12,333 | -65.7% |
| Financial debts | 170/4 | €18,761 | €6,429 | -€12,333 | -65.7% |
| Amounts payable within one year | 42/48 | €107,549 | €95,815 | -€11,734 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €17,294 | €12,333 | -€4,961 | -28.7% |
| Trade debts | 44 | €12,247 | €6,668 | -€5,579 | -45.6% |
| Suppliers | 440/4 | €12,247 | €6,668 | -€5,579 | -45.6% |
| Taxes, remuneration and social security | 45 | €7,949 | €10,025 | +€2,077 | +26.1% |
| Taxes | 450/3 | €150 | €2,236 | +€2,086 | +1390.8% |
| Remuneration and social security | 454/9 | €7,799 | €7,789 | -€10 | -0.1% |
| Other amounts payable | 47/48 | €70,060 | €66,790 | -€3,270 | -4.7% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €34,330 | €34,071 | -€258 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,624 | €11,541 | +€2,917 | +33.8% |
| Other operating charges | 640/8 | €4,715 | €1,335 | -€3,380 | -71.7% |
| Gross operating margin | 9900 | €57,092 | €64,817 | +€7,725 | +13.5% |
| Operating profit (loss) | 9901 | €9,423 | €17,870 | +€8,447 | +89.6% |
| Financial income | 75/76B | €12 | €53 | +€41 | +328.7% |
| Recurring financial income | 75 | €12 | €53 | +€41 | +328.7% |
| Financial charges | 65/66B | €1,882 | €1,315 | -€567 | -30.1% |
| Recurring financial charges | 65 | €1,882 | €1,315 | -€567 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €7,554 | €16,608 | +€9,054 | +119.9% |
| Profit (loss) for the period | 9904 | €7,554 | €16,608 | +€9,054 | +119.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,554 | €16,608 | +€9,054 | +119.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.