E & M CREATIES: 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.
E & M CREATIES
Largest movements
- Cash +€595,878
up €595,878 (+852.5%), from €69,901 to €665,779
mainly Net result for the year (+€346,612) and Tax, wage and social debts (+€198,322)
- Tangible fixed assets -€72,419
down €72,419 (-31.0%), from €233,621 to €161,203
of which Land and buildings: -€71,108
- Receivables within one year +€21,129
up €21,129 (+32.0%), from €65,926 to €87,055
of which Trade receivables: +€12,497
- Reserves +€676,770
up €676,770 (+4996.0%), from €13,546 to €690,316
- Profit (loss) carried forward -€330,157
no longer reported in 2025 (was €330,157)
- Tax, wage and social debts +€198,322
new in 2025: €198,322
- Gross operating margin +€529,825
up €529,825 (+1606.3%), from €32,985 to €562,811
- Taxes +€198,445
new in 2025: €198,445
- Depreciation -€10,266
down €10,266 (-45.1%), from €22,738 to €12,472
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 | €371,307 | €915,895 | +€544,588 | +146.7% |
| Fixed assets | 21/28 | €235,481 | €163,062 | -€72,419 | -30.8% |
| Tangible fixed assets | 22/27 | €233,621 | €161,203 | -€72,419 | -31.0% |
| Land and buildings | 22 | €232,310 | €161,203 | -€71,108 | -30.6% |
| Plant, machinery and equipment | 23 | €1,311 | - | -€1,311 | |
| Financial fixed assets | 28 | €1,859 | €1,859 | = | 0.0% |
| Current assets | 29/58 | €135,827 | €752,833 | +€617,007 | +454.3% |
| Amounts receivable within one year | 40/41 | €65,926 | €87,055 | +€21,129 | +32.0% |
| Trade receivables | 40 | €43,211 | €55,708 | +€12,497 | +28.9% |
| Other amounts receivable | 41 | €22,715 | €31,347 | +€8,632 | +38.0% |
| Cash at bank and in hand | 54/58 | €69,901 | €665,779 | +€595,878 | +852.5% |
| Total equity and liabilities | 10/49 | €371,307 | €915,895 | +€544,588 | +146.7% |
| Equity | 10/15 | €368,703 | €715,316 | +€346,612 | +94.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €13,546 | €690,316 | +€676,770 | +4996.0% |
| Distributable reserves | 133 | €13,546 | €690,316 | +€676,770 | +4996.0% |
| Profit (loss) carried forward | 14 | €330,157 | - | -€330,157 | |
| Amounts payable | 17/49 | €2,604 | €200,579 | +€197,975 | +7602.9% |
| Amounts payable within one year | 42/48 | €2,604 | €200,114 | +€197,510 | +7585.0% |
| Trade debts | 44 | €2,604 | €1,792 | -€812 | -31.2% |
| Suppliers | 440/4 | €2,604 | €1,792 | -€812 | -31.2% |
| Taxes, remuneration and social security | 45 | - | €198,322 | +€198,322 | |
| Taxes | 450/3 | - | €198,322 | +€198,322 | |
| Accrued charges and deferred income | 492/3 | - | €466 | +€466 | |
| Non-recurring operating income | 76A | - | €555,053 | +€555,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,738 | €12,472 | -€10,266 | -45.1% |
| Other operating charges | 640/8 | €6,456 | €6,529 | +€73 | +1.1% |
| Gross operating margin | 9900 | €32,985 | €562,811 | +€529,825 | +1606.3% |
| Operating profit (loss) | 9901 | €3,791 | €543,809 | +€540,019 | +14245.5% |
| Financial income | 75/76B | €1,911 | €1,857 | -€54 | -2.8% |
| Recurring financial income | 75 | €1,911 | €1,857 | -€54 | -2.8% |
| Financial charges | 65/66B | €576 | €609 | +€34 | +5.8% |
| Recurring financial charges | 65 | €576 | €609 | +€34 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €5,127 | €545,057 | +€539,931 | +10532.2% |
| Income taxes | 67/77 | - | €198,445 | +€198,445 | |
| Profit (loss) for the period | 9904 | €5,127 | €346,612 | +€341,486 | +6661.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,127 | €346,612 | +€341,486 | +6661.2% |
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.