Kaelen Creative: 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.
Kaelen Creative
Largest movements
- Cash -€25,766
down €25,766 (-45.9%), from €56,078 to €30,311
mainly Other debts (-€38,954) and Accrued charges and deferred income (-€5,065)
- Deferred charges and accrued income +€3,617
up €3,617 (+837%), from €432 to €4,049
- Other debts -€38,954
down €38,954 (-87.6%), from €44,463 to €5,510
- Reserves +€26,944
up €26,944 (+3,368%), from €800 to €27,744
of which Distributable reserves: +€26,944
- Profit (loss) carried forward -€10,541
down €10,541 (-100%), from €10,541 to €0
- Tax, wage and social debts +€5,329
up €5,329 (+238%), from €2,242 to €7,570
of which Taxes: +€3,075
- Accrued charges and deferred income -€5,065
no longer reported in 2026 (was €5,065)
- Taxes -€231
down €231 (-4.9%), from €4,676 to €4,445
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,086 | €51,384 | -€21,703 | -29.7% |
| Current assets | 29/58 | €73,086 | €51,384 | -€21,703 | -29.7% |
| Amounts receivable within one year | 40/41 | €16,577 | €17,023 | +€447 | +2.7% |
| Trade receivables | 40 | €16,252 | €16,468 | +€216 | +1.3% |
| Other amounts receivable | 41 | €324 | €555 | +€231 | +71.1% |
| Cash at bank and in hand | 54/58 | €56,078 | €30,311 | -€25,766 | -45.9% |
| Deferred charges and accrued income | 490/1 | €432 | €4,049 | +€3,617 | +837% |
| Total equity and liabilities | 10/49 | €73,086 | €51,384 | -€21,703 | -29.7% |
| Equity | 10/15 | €19,341 | €35,744 | +€16,403 | +84.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €800 | €27,744 | +€26,944 | +3,368% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | - | €26,944 | +€26,944 | |
| Profit (loss) carried forward | 14 | €10,541 | €0 | -€10,541 | -100% |
| Amounts payable | 17/49 | €53,745 | €15,640 | -€38,105 | -70.9% |
| Amounts payable within one year | 42/48 | €48,680 | €15,640 | -€33,041 | -67.9% |
| Trade debts | 44 | €1,975 | €2,560 | +€584 | +29.6% |
| Suppliers | 440/4 | €1,975 | €2,560 | +€584 | +29.6% |
| Taxes, remuneration and social security | 45 | €2,242 | €7,570 | +€5,329 | +238% |
| Taxes | 450/3 | €2,242 | €5,317 | +€3,075 | +137% |
| Remuneration and social security | 454/9 | - | €2,254 | +€2,254 | |
| Other amounts payable | 47/48 | €44,463 | €5,510 | -€38,954 | -87.6% |
| Accrued charges and deferred income | 492/3 | €5,065 | - | -€5,065 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120 | €0 | -€120 | -100% |
| Other operating charges | 640/8 | €492 | €603 | +€112 | +22.7% |
| Gross operating margin | 9900 | €22,730 | €22,742 | +€12 | +0.1% |
| Operating profit (loss) | 9901 | €22,119 | €22,138 | +€20 | +0.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €1,195 | €1,291 | +€96 | +8.0% |
| Recurring financial charges | 65 | €1,195 | €1,291 | +€96 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €20,929 | €20,847 | -€81 | -0.4% |
| Income taxes | 67/77 | €4,676 | €4,445 | -€231 | -4.9% |
| Profit (loss) for the period | 9904 | €16,253 | €16,403 | +€150 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,253 | €16,403 | +€150 | +0.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.