Kreatama: what changed
Kreatama
Largest movements
- Intangible fixed assets -€10,000
down €10,000 (-12.3%), from €81,339 to €71,339
- Deferred charges and accrued income -€2,559
down €2,559 (-78.9%), from €3,242 to €683
- Tangible fixed assets -€2,241
down €2,241 (-31.7%), from €7,062 to €4,821
of which Other tangible fixed assets: -€1,202
- Debts after one year -€23,277
down €23,277 (-42.8%), from €54,440 to €31,163
- Reserves +€3,189
up €3,189 (+25.2%), from €12,677 to €15,865
- Tax, wage and social debts +€2,961
up €2,961 (+34.3%), from €8,644 to €11,604
of which Remuneration and social security: +€3,026
- Trade debts -€1,927
down €1,927 (-17.9%), from €10,782 to €8,855
- Gross operating margin -€42,698
down €42,698 (-29.4%), from €145,378 to €102,680
- Staff costs -€14,860
down €14,860 (-15.7%), from €94,550 to €79,690
- Depreciation -€7,987
down €7,987 (-39.8%), from €20,092 to €12,105
- Taxes -€6,308
down €6,308 (-69.4%), from €9,094 to €2,786
- Financial charges -€4,839
down €4,839 (-54.6%), from €8,859 to €4,020
of which Financial charges: -€4,952
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,620 | €97,046 | -€17,574 | -15.3% |
| Fixed assets | 21/28 | €92,251 | €80,010 | -€12,241 | -13.3% |
| Intangible fixed assets | 21 | €81,339 | €71,339 | -€10,000 | -12.3% |
| Tangible fixed assets | 22/27 | €7,062 | €4,821 | -€2,241 | -31.7% |
| Plant, machinery and equipment | 23 | €2,371 | €1,332 | -€1,039 | -43.8% |
| Other tangible fixed assets | 26 | €4,691 | €3,489 | -€1,202 | -25.6% |
| Financial fixed assets | 28 | €3,850 | €3,850 | = | 0.0% |
| Current assets | 29/58 | €22,369 | €17,036 | -€5,333 | -23.8% |
| Stocks and contracts in progress | 3 | €3,943 | €2,986 | -€957 | -24.3% |
| Stocks | 30/36 | €3,943 | €2,986 | -€957 | -24.3% |
| Amounts receivable within one year | 40/41 | €6,662 | €5,874 | -€788 | -11.8% |
| Trade receivables | 40 | €6,662 | €2,995 | -€3,667 | -55.0% |
| Other amounts receivable | 41 | - | €2,879 | +€2,879 | |
| Cash at bank and in hand | 54/58 | €8,522 | €7,493 | -€1,029 | -12.1% |
| Deferred charges and accrued income | 490/1 | €3,242 | €683 | -€2,559 | -78.9% |
| Total equity and liabilities | 10/49 | €114,620 | €97,046 | -€17,574 | -15.3% |
| Equity | 10/15 | €17,677 | €20,865 | +€3,189 | +18.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,677 | €15,865 | +€3,189 | +25.2% |
| Distributable reserves | 133 | €12,677 | €15,865 | +€3,189 | +25.2% |
| Amounts payable | 17/49 | €96,943 | €76,181 | -€20,763 | -21.4% |
| Amounts payable after more than one year | 17 | €54,440 | €31,163 | -€23,277 | -42.8% |
| Financial debts | 170/4 | €54,440 | €31,163 | -€23,277 | -42.8% |
| Amounts payable within one year | 42/48 | €41,849 | €43,736 | +€1,887 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €22,212 | €23,277 | +€1,065 | +4.8% |
| Trade debts | 44 | €10,782 | €8,855 | -€1,927 | -17.9% |
| Suppliers | 440/4 | €10,782 | €8,855 | -€1,927 | -17.9% |
| Taxes, remuneration and social security | 45 | €8,644 | €11,604 | +€2,961 | +34.3% |
| Taxes | 450/3 | €2,946 | €2,881 | -€65 | -2.2% |
| Remuneration and social security | 454/9 | €5,698 | €8,724 | +€3,026 | +53.1% |
| Other amounts payable | 47/48 | €212 | €0 | -€212 | -100% |
| Accrued charges and deferred income | 492/3 | €655 | €1,281 | +€627 | +95.7% |
| Remuneration, social security and pensions | 62 | €94,550 | €79,690 | -€14,860 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,092 | €12,105 | -€7,987 | -39.8% |
| Other operating charges | 640/8 | €177 | €933 | +€755 | +426% |
| Gross operating margin | 9900 | €145,378 | €102,680 | -€42,698 | -29.4% |
| Operating profit (loss) | 9901 | €30,558 | €9,952 | -€20,606 | -67.4% |
| Financial income | 75/76B | €72 | €43 | -€29 | -40.1% |
| Recurring financial income | 75 | €72 | €43 | -€29 | -40.1% |
| Financial charges | 65/66B | €8,859 | €4,020 | -€4,839 | -54.6% |
| Recurring financial charges | 65 | €8,505 | €3,553 | -€4,952 | -58.2% |
| Non-recurring financial charges | 66B | €354 | €467 | +€113 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €21,771 | €5,975 | -€15,796 | -72.6% |
| Income taxes | 67/77 | €9,094 | €2,786 | -€6,308 | -69.4% |
| Profit (loss) for the period | 9904 | €12,677 | €3,189 | -€9,488 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,677 | €3,189 | -€9,488 | -74.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.