CREATYF: 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.
CREATYF
Largest movements
- Cash -€125,989
down €125,989 (-99.4%), from €126,789 to €801
mainly Debts after one year (-€100,000) and Net result for the year (-€74,114)
- Stocks and contracts -€46,321
down €46,321 (-3.4%), from €1.4m to €1.3m
- Debts after one year -€100,000
down €100,000 (-10.5%), from €950,000 to €850,000
- Profit (loss) carried forward -€74,114
down €74,114 (-49.2%), from -€150,584 to -€224,698
- Gross operating margin +€30,274
up €30,274 (+47.8%), from -€63,277 to -€33,003
- Financial charges +€8,810
up €8,810 (+29.4%), from €29,950 to €38,760
- Financial income -€7,283
down €7,283 (-81.9%), from €8,891 to €1,608
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 | €1,539,445 | €1,362,752 | -€176,692 | -11.5% |
| Fixed assets | 21/28 | €1,136 | €1,308 | +€172 | +15.1% |
| Tangible fixed assets | 22/27 | €1,136 | €1,308 | +€172 | +15.1% |
| Furniture and vehicles | 24 | €1,136 | €1,308 | +€172 | +15.1% |
| Current assets | 29/58 | €1,538,308 | €1,361,444 | -€176,864 | -11.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,352,339 | €1,306,018 | -€46,321 | -3.4% |
| Stocks | 30/36 | €1,352,339 | €1,306,018 | -€46,321 | -3.4% |
| Amounts receivable within one year | 40/41 | €8,185 | €2,963 | -€5,222 | -63.8% |
| Other amounts receivable | 41 | €8,185 | €2,963 | -€5,222 | -63.8% |
| Cash at bank and in hand | 54/58 | €126,789 | €801 | -€125,989 | -99.4% |
| Deferred charges and accrued income | 490/1 | €995 | €1,663 | +€668 | +67.1% |
| Total equity and liabilities | 10/49 | €1,539,445 | €1,362,752 | -€176,692 | -11.5% |
| Equity | 10/15 | €584,463 | €510,349 | -€74,114 | -12.7% |
| Contributions | 10/11 | €29,000 | €29,000 | = | 0.0% |
| Reserves | 13 | €706,047 | €706,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,900 | €2,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,900 | €2,900 | = | 0.0% |
| Distributable reserves | 133 | €703,147 | €703,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,584 | -€224,698 | -€74,114 | -49.2% |
| Amounts payable | 17/49 | €954,982 | €852,403 | -€102,579 | -10.7% |
| Amounts payable after more than one year | 17 | €950,000 | €850,000 | -€100,000 | -10.5% |
| Financial debts | 170/4 | €950,000 | €850,000 | -€100,000 | -10.5% |
| Amounts payable within one year | 42/48 | €4,982 | €2,403 | -€2,579 | -51.8% |
| Trade debts | 44 | €3,106 | €1,913 | -€1,192 | -38.4% |
| Suppliers | 440/4 | €3,106 | €1,913 | -€1,192 | -38.4% |
| Taxes, remuneration and social security | 45 | €1,876 | €490 | -€1,386 | -73.9% |
| Taxes | 450/3 | €376 | €490 | +€114 | +30.2% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Non-recurring operating income | 76A | €14,283 | - | -€14,283 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €648 | €931 | +€284 | +43.8% |
| Other operating charges | 640/8 | €1,979 | €2,521 | +€542 | +27.4% |
| Gross operating margin | 9900 | -€63,277 | -€33,003 | +€30,274 | +47.8% |
| Operating profit (loss) | 9901 | -€65,903 | -€36,456 | +€29,448 | +44.7% |
| Financial income | 75/76B | €8,891 | €1,608 | -€7,283 | -81.9% |
| Recurring financial income | 75 | €8,891 | €1,608 | -€7,283 | -81.9% |
| Financial charges | 65/66B | €29,950 | €38,760 | +€8,810 | +29.4% |
| Recurring financial charges | 65 | €29,950 | €38,760 | +€8,810 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€86,963 | -€73,607 | +€13,355 | +15.4% |
| Income taxes | 67/77 | €184 | €506 | +€323 | +175.9% |
| Profit (loss) for the period | 9904 | -€87,146 | -€74,114 | +€13,032 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,146 | -€74,114 | +€13,032 | +15.0% |
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 28 September 2026 via checked.be.