KREATIC: 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.
KREATIC
Largest movements
- Tangible fixed assets -€20,673
down €20,673 (-7.0%), from €294,842 to €274,169
of which Land and buildings: -€17,238
- Cash +€11,078
up €11,078 (+6.7%), from €166,263 to €177,341
mainly Net result for the year (+€36,077) and Depreciation (+€20,673)
- Deferred charges and accrued income +€8,212
up €8,212 (+73.1%), from €11,232 to €19,444
- Receivables within one year +€6,135
up €6,135 (+6.1%), from €100,785 to €106,920
of which Other amounts receivable: +€6,119
- Reserves +€36,077
up €36,077 (+14.0%), from €257,630 to €293,707
- Debts after one year -€19,328
down €19,328 (-9.4%), from €205,055 to €185,727
- Tax, wage and social debts -€13,821
down €13,821 (-38.7%), from €35,702 to €21,881
- Gross operating margin -€37,404
down €37,404 (-31.1%), from €120,151 to €82,747
- Taxes -€12,118
down €12,118 (-40.0%), from €30,287 to €18,169
- Other operating charges -€1,788
down €1,788 (-31.0%), from €5,766 to €3,978
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 | €573,122 | €577,874 | +€4,752 | +0.8% |
| Fixed assets | 21/28 | €294,842 | €274,169 | -€20,673 | -7.0% |
| Tangible fixed assets | 22/27 | €294,842 | €274,169 | -€20,673 | -7.0% |
| Land and buildings | 22 | €270,202 | €252,964 | -€17,238 | -6.4% |
| Plant, machinery and equipment | 23 | €24,640 | €21,205 | -€3,435 | -13.9% |
| Current assets | 29/58 | €278,280 | €303,705 | +€25,425 | +9.1% |
| Amounts receivable within one year | 40/41 | €100,785 | €106,920 | +€6,135 | +6.1% |
| Trade receivables | 40 | €46,725 | €46,741 | +€16 | 0.0% |
| Other amounts receivable | 41 | €54,060 | €60,179 | +€6,119 | +11.3% |
| Cash at bank and in hand | 54/58 | €166,263 | €177,341 | +€11,078 | +6.7% |
| Deferred charges and accrued income | 490/1 | €11,232 | €19,444 | +€8,212 | +73.1% |
| Total equity and liabilities | 10/49 | €573,122 | €577,874 | +€4,752 | +0.8% |
| Equity | 10/15 | €263,830 | €299,907 | +€36,077 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €257,630 | €293,707 | +€36,077 | +14.0% |
| Distributable reserves | 133 | €257,630 | €293,707 | +€36,077 | +14.0% |
| Amounts payable | 17/49 | €309,292 | €277,967 | -€31,325 | -10.1% |
| Amounts payable after more than one year | 17 | €205,055 | €185,727 | -€19,328 | -9.4% |
| Financial debts | 170/4 | €205,055 | €185,727 | -€19,328 | -9.4% |
| Amounts payable within one year | 42/48 | €104,237 | €92,239 | -€11,998 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €24,355 | €25,984 | +€1,628 | +6.7% |
| Trade debts | 44 | €14,179 | €14,375 | +€195 | +1.4% |
| Suppliers | 440/4 | €14,179 | €14,375 | +€195 | +1.4% |
| Taxes, remuneration and social security | 45 | €35,702 | €21,881 | -€13,821 | -38.7% |
| Taxes | 450/3 | €35,702 | €21,881 | -€13,821 | -38.7% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,673 | €20,673 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€300 | €0 | +€300 | |
| Other operating charges | 640/8 | €5,766 | €3,978 | -€1,788 | -31.0% |
| Gross operating margin | 9900 | €120,151 | €82,747 | -€37,404 | -31.1% |
| Operating profit (loss) | 9901 | €94,012 | €58,096 | -€35,916 | -38.2% |
| Financial income | 75/76B | €1,799 | €1,086 | -€713 | -39.6% |
| Recurring financial income | 75 | €1,799 | €1,086 | -€713 | -39.6% |
| Financial charges | 65/66B | €5,326 | €4,936 | -€390 | -7.3% |
| Recurring financial charges | 65 | €5,326 | €4,936 | -€390 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €90,486 | €54,246 | -€36,240 | -40.1% |
| Income taxes | 67/77 | €30,287 | €18,169 | -€12,118 | -40.0% |
| Profit (loss) for the period | 9904 | €60,199 | €36,077 | -€24,122 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,199 | €36,077 | -€24,122 | -40.1% |
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.