Kreate: 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.
Kreate
Largest movements
- Cash +€7,815
up €7,815 (+81.3%), from €9,617 to €17,433
mainly Net result for the year (+€22,217) and Trade debts (+€10,982)
- Tangible fixed assets -€5,648
down €5,648 (-60.1%), from €9,404 to €3,756
of which Furniture and vehicles: -€4,980
- Receivables within one year -€2,958
down €2,958 (-9.9%), from €30,000 to €27,043
of which Trade receivables: -€1,950
- Stocks and contracts -€2,800
down €2,800 (-18.9%), from €14,800 to €12,000
- Deferred charges and accrued income +€1,377
up €1,377 (+65.0%), from €2,117 to €3,493
- Profit (loss) carried forward +€22,217
up €22,217 (+36.3%), from -€61,241 to -€39,024
- Other debts -€18,736
down €18,736 (-41.5%), from €45,100 to €26,364
- Trade debts +€10,982
up €10,982 (+39.9%), from €27,551 to €38,533
- Short-term financial debts -€10,000
down €10,000 (-28.6%), from €35,000 to €25,000
- Debts after one year -€3,667
no longer reported in 2025 (was €3,667)
- Gross operating margin +€75,456
up €75,456 (+1,588%), from €4,753 to €80,209
- Depreciation -€10,936
down €10,936 (-65.9%), from €16,584 to €5,648
- Staff costs +€6,919
up €6,919 (+17.1%), from €40,534 to €47,453
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,938 | €63,725 | -€2,213 | -3.4% |
| Fixed assets | 21/28 | €9,404 | €3,756 | -€5,648 | -60.1% |
| Tangible fixed assets | 22/27 | €9,404 | €3,756 | -€5,648 | -60.1% |
| Plant, machinery and equipment | 23 | €79 | - | -€79 | |
| Furniture and vehicles | 24 | €6,291 | €1,311 | -€4,980 | -79.2% |
| Other tangible fixed assets | 26 | €3,033 | €2,444 | -€589 | -19.4% |
| Current assets | 29/58 | €56,534 | €59,969 | +€3,435 | +6.1% |
| Stocks and contracts in progress | 3 | €14,800 | €12,000 | -€2,800 | -18.9% |
| Stocks | 30/36 | €14,800 | €12,000 | -€2,800 | -18.9% |
| Amounts receivable within one year | 40/41 | €30,000 | €27,043 | -€2,958 | -9.9% |
| Trade receivables | 40 | €25,971 | €24,021 | -€1,950 | -7.5% |
| Other amounts receivable | 41 | €4,029 | €3,021 | -€1,008 | -25.0% |
| Cash at bank and in hand | 54/58 | €9,617 | €17,433 | +€7,815 | +81.3% |
| Deferred charges and accrued income | 490/1 | €2,117 | €3,493 | +€1,377 | +65.0% |
| Total equity and liabilities | 10/49 | €65,938 | €63,725 | -€2,213 | -3.4% |
| Equity | 10/15 | -€56,241 | -€34,024 | +€22,217 | +39.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,241 | -€39,024 | +€22,217 | +36.3% |
| Amounts payable | 17/49 | €122,178 | €97,749 | -€24,430 | -20.0% |
| Amounts payable after more than one year | 17 | €3,667 | - | -€3,667 | |
| Financial debts | 170/4 | €3,667 | - | -€3,667 | |
| Amounts payable within one year | 42/48 | €118,511 | €97,749 | -€20,762 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €6,575 | €3,667 | -€2,908 | -44.2% |
| Financial debts | 43 | €35,000 | €25,000 | -€10,000 | -28.6% |
| Credit institutions | 430/8 | €35,000 | €25,000 | -€10,000 | -28.6% |
| Trade debts | 44 | €27,551 | €38,533 | +€10,982 | +39.9% |
| Suppliers | 440/4 | €27,551 | €38,533 | +€10,982 | +39.9% |
| Taxes, remuneration and social security | 45 | €4,285 | €4,184 | -€101 | -2.4% |
| Taxes | 450/3 | €747 | €1,006 | +€260 | +34.8% |
| Remuneration and social security | 454/9 | €3,538 | €3,177 | -€361 | -10.2% |
| Other amounts payable | 47/48 | €45,100 | €26,364 | -€18,736 | -41.5% |
| Remuneration, social security and pensions | 62 | €40,534 | €47,453 | +€6,919 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,584 | €5,648 | -€10,936 | -65.9% |
| Other operating charges | 640/8 | €1,931 | €1,798 | -€133 | -6.9% |
| Gross operating margin | 9900 | €4,753 | €80,209 | +€75,456 | +1,588% |
| Operating profit (loss) | 9901 | -€54,297 | €25,309 | +€79,606 | |
| Financial income | 75/76B | €0 | €18 | +€18 | +178,400% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +178,400% |
| Financial charges | 65/66B | €3,568 | €2,893 | -€675 | -18.9% |
| Recurring financial charges | 65 | €3,568 | €2,893 | -€675 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€57,865 | €22,434 | +€80,298 | |
| Income taxes | 67/77 | €210 | €217 | +€7 | +3.4% |
| Profit (loss) for the period | 9904 | -€58,075 | €22,217 | +€80,291 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,075 | €22,217 | +€80,291 |
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 18 October 2026 via checked.be.