CREAVIT: 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.
What changed
CREAVIT
NACE 18.130, Pre-press and pre-media services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€222,413
2024 · €80,208+€142,205
Equity
€911,289
2024 · €1.7m-€777,587
Cash
€130,897
2024 · €1.1m-€951,651
Balance sheet total
€1.1m
2024 · €1.9m-€734,894
Largest movements
Assets
- Cash -€951,651
down €951,651 (-87.9%), from €1.1m to €130,897
mainly Contributions, distributions and other (-€1.0m) and Current investments (-€400,000)
- Current investments +€400,000
new in 2025: €400,000
- Financial fixed assets -€200,000
no longer reported in 2025 (was €200,000)
- Deferred charges and accrued income -€21,855
down €21,855 (-44.7%), from €48,853 to €26,998
- Intangible fixed assets +€20,872
up €20,872 (+9.6%), from €217,250 to €238,122
Equity and liabilities
- Contributions -€1.0m
down €1.0m (-71.8%), from €1.4m to €391,790
- Reserves +€222,413
up €222,413 (+74.9%), from €297,086 to €519,499
of which Distributable reserves: +€222,413
- Tax, wage and social debts +€29,378
up €29,378 (+27.3%), from €107,677 to €137,055
of which Taxes: +€18,118
Income statement
- Turnover +€426,865
up €426,865 (+30.6%), from €1.4m to €1.8m
- Staff costs +€119,823
up €119,823 (+16.1%), from €743,789 to €863,611
- Taxes +€45,348
up €45,348 (+150%), from €30,222 to €75,570
of which Taxes: +€48,253
- Financial income -€37,358
down €37,358 (-70.9%), from €52,682 to €15,324
- Services and other goods +€31,380
up €31,380 (+6.2%), from €509,877 to €541,258
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.
Result 2024
€80,208
Turnover
+€426,865
Other operating income
-€4,127
Goods and materials
-€28,305
Services and other goods
-€31,380
Staff costs
-€119,823
Depreciation
-€16,842
Write-downs
-€285
Provisions
-€7
Other operating charges
-€33
Financial income
-€37,358
Financial charges
-€1,152
Taxes
-€45,348
Result 2025
€222,413
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€370,473
Investment
-€322,124
Financing
-€1.0m
Cash 2024
€1.1m
From operations (derived)
+€370,473
Net result for the year
+€222,413
Depreciation
+€98,144
Receivables within one year
-€14,631
Deferred charges and accrued income
+€21,855
Smaller working-capital items
+€1,070
Trade debts
+€12,245
Tax, wage and social debts
+€29,378
Investment (derived)
-€322,124
Investment in fixed assets (net)
+€77,876
Current investments
-€400,000
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€130,897
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,879,255 | €1,144,360 | -€734,894 | -39.1% |
| Fixed assets | 21/28 | €462,202 | €286,183 | -€176,019 | -38.1% |
| Intangible fixed assets | 21 | €217,250 | €238,122 | +€20,872 | +9.6% |
| Tangible fixed assets | 22/27 | €44,952 | €48,061 | +€3,109 | +6.9% |
| Plant, machinery and equipment | 23 | €1,844 | €4,089 | +€2,245 | +122% |
| Furniture and vehicles | 24 | €43,108 | €43,972 | +€863 | +2.0% |
| Financial fixed assets | 28 | €200,000 | - | -€200,000 | |
| Affiliated companies | 280/1 | €200,000 | - | -€200,000 | |
| Amounts receivable | 281 | €200,000 | - | -€200,000 | |
| Current assets | 29/58 | €1,417,053 | €858,177 | -€558,875 | -39.4% |
| Amounts receivable within one year | 40/41 | €285,651 | €300,282 | +€14,631 | +5.1% |
| Trade receivables | 40 | €285,053 | €299,541 | +€14,488 | +5.1% |
| Other amounts receivable | 41 | €598 | €741 | +€143 | +23.9% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Other investments | 51/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €1,082,548 | €130,897 | -€951,651 | -87.9% |
| Deferred charges and accrued income | 490/1 | €48,853 | €26,998 | -€21,855 | -44.7% |
| Total equity and liabilities | 10/49 | €1,879,255 | €1,144,360 | -€734,894 | -39.1% |
| Equity | 10/15 | €1,688,876 | €911,289 | -€777,587 | -46.0% |
| Contributions | 10/11 | €1,391,790 | €391,790 | -€1.0m | -71.8% |
| Capital | 10 | €1,391,790 | €391,790 | -€1.0m | -71.8% |
| Issued capital | 100 | €1,391,790 | €391,790 | -€1.0m | -71.8% |
| Reserves | 13 | €297,086 | €519,499 | +€222,413 | +74.9% |
| Non-distributable reserves | 130/1 | €78,861 | €78,861 | = | 0.0% |
| Legal reserve | 130 | €78,861 | €78,861 | = | 0.0% |
| Distributable reserves | 133 | €218,225 | €440,638 | +€222,413 | +102% |
| Provisions and deferred taxes | 16 | €2,646 | €2,881 | +€235 | +8.9% |
| Provisions for liabilities and charges | 160/5 | €2,646 | €2,881 | +€235 | +8.9% |
| Pensions and similar obligations | 160 | €2,646 | €2,881 | +€235 | +8.9% |
| Amounts payable | 17/49 | €187,732 | €230,190 | +€42,457 | +22.6% |
| Amounts payable within one year | 42/48 | €187,732 | €230,190 | +€42,457 | +22.6% |
| Trade debts | 44 | €79,125 | €91,370 | +€12,245 | +15.5% |
| Suppliers | 440/4 | €79,125 | €91,370 | +€12,245 | +15.5% |
| Advances received on contracts in progress | 46 | €930 | €1,765 | +€835 | +89.8% |
| Taxes, remuneration and social security | 45 | €107,677 | €137,055 | +€29,378 | +27.3% |
| Taxes | 450/3 | €19,759 | €37,877 | +€18,118 | +91.7% |
| Remuneration and social security | 454/9 | €87,919 | €99,178 | +€11,260 | +12.8% |
| Operating income | 70/76A | €1,449,230 | €1,871,968 | +€422,738 | +29.2% |
| Turnover | 70 | €1,396,911 | €1,823,776 | +€426,865 | +30.6% |
| Other operating income | 74 | €52,319 | €48,192 | -€4,127 | -7.9% |
| Operating charges | 60/66A | €1,385,201 | €1,581,876 | +€196,675 | +14.2% |
| Goods for resale, raw materials and consumables | 60 | €48,560 | €76,865 | +€28,305 | +58.3% |
| Purchases | 600/8 | €48,560 | €76,865 | +€28,305 | +58.3% |
| Services and other goods | 61 | €509,877 | €541,258 | +€31,380 | +6.2% |
| Remuneration, social security and pensions | 62 | €743,789 | €863,611 | +€119,823 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,301 | €98,144 | +€16,842 | +20.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €360 | €645 | +€285 | +79.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €228 | €235 | +€7 | +3.0% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | €64,029 | €290,092 | +€226,063 | +353% |
| Financial income | 75/76B | €52,682 | €15,324 | -€37,358 | -70.9% |
| Recurring financial income | 75 | €52,682 | €15,324 | -€37,358 | -70.9% |
| Income from financial fixed assets | 750 | €5,000 | €10,180 | +€5,180 | +104% |
| Income from current assets | 751 | €47,428 | €5,144 | -€42,284 | -89.2% |
| Other financial income | 752/9 | €254 | - | -€254 | |
| Financial charges | 65/66B | €6,281 | €7,433 | +€1,152 | +18.3% |
| Recurring financial charges | 65 | €6,281 | €7,433 | +€1,152 | +18.3% |
| Debt charges | 650 | €2,792 | €3,612 | +€820 | +29.4% |
| Other financial charges | 652/9 | €3,489 | €3,821 | +€332 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €110,430 | €297,984 | +€187,553 | +170% |
| Income taxes | 67/77 | €30,222 | €75,570 | +€45,348 | +150% |
| Taxes | 670/3 | €30,222 | €78,475 | +€48,253 | +160% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,905 | +€2,905 | |
| Profit (loss) for the period | 9904 | €80,208 | €222,413 | +€142,205 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €80,208 | €222,413 | +€142,205 | +177% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.