KREATIK: 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.
KREATIK
Largest movements
- Receivables within one year +€77,686
up €77,686 (+365%), from €21,264 to €98,950
of which Other amounts receivable: +€63,218
- Cash +€32,555
up €32,555 (+27.6%), from €117,992 to €150,547
mainly Net result for the year (+€241,754) and Trade debts (+€11,020)
- Deferred charges and accrued income -€8,347
down €8,347 (-94.5%), from €8,835 to €488
- Tangible fixed assets -€6,340
down €6,340 (-25.8%), from €24,604 to €18,264
of which Furniture and vehicles: -€7,388
- Reserves +€241,754
new in 2024: €241,754
- Other debts -€154,885
down €154,885 (-93.6%), from €165,463 to €10,578
- Trade debts +€11,020
up €11,020 (+1,174%), from €939 to €11,959
- Gross operating margin +€49,490
up €49,490 (+24.0%), from €206,191 to €255,681
- Taxes -€40,006
down €40,006 (-88.3%), from €45,292 to €5,286
- Depreciation +€3,397
up €3,397 (+83.5%), from €4,066 to €7,463
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,695 | €268,248 | +€95,553 | +55.3% |
| Fixed assets | 21/28 | €24,604 | €18,264 | -€6,340 | -25.8% |
| Tangible fixed assets | 22/27 | €24,604 | €18,264 | -€6,340 | -25.8% |
| Plant, machinery and equipment | 23 | - | €1,048 | +€1,048 | |
| Furniture and vehicles | 24 | €24,604 | €17,216 | -€7,388 | -30.0% |
| Current assets | 29/58 | €148,091 | €249,984 | +€101,893 | +68.8% |
| Amounts receivable within one year | 40/41 | €21,264 | €98,950 | +€77,686 | +365% |
| Trade receivables | 40 | €21,052 | €35,519 | +€14,467 | +68.7% |
| Other amounts receivable | 41 | €212 | €63,430 | +€63,218 | +29,820% |
| Cash at bank and in hand | 54/58 | €117,992 | €150,547 | +€32,555 | +27.6% |
| Deferred charges and accrued income | 490/1 | €8,835 | €488 | -€8,347 | -94.5% |
| Total equity and liabilities | 10/49 | €172,695 | €268,248 | +€95,553 | +55.3% |
| Equity | 10/15 | €3,000 | €244,754 | +€241,754 | +8,058% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €241,754 | +€241,754 | |
| Distributable reserves | 133 | - | €241,754 | +€241,754 | |
| Amounts payable | 17/49 | €169,695 | €23,494 | -€146,201 | -86.2% |
| Amounts payable within one year | 42/48 | €169,695 | €23,494 | -€146,201 | -86.2% |
| Trade debts | 44 | €939 | €11,959 | +€11,020 | +1,174% |
| Suppliers | 440/4 | €939 | €11,959 | +€11,020 | +1,174% |
| Taxes, remuneration and social security | 45 | €3,293 | €958 | -€2,335 | -70.9% |
| Taxes | 450/3 | €3,293 | €176 | -€3,117 | -94.7% |
| Remuneration and social security | 454/9 | - | €782 | +€782 | |
| Other amounts payable | 47/48 | €165,463 | €10,578 | -€154,885 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,066 | €7,463 | +€3,397 | +83.5% |
| Other operating charges | 640/8 | €1,177 | €955 | -€222 | -18.9% |
| Gross operating margin | 9900 | €206,191 | €255,681 | +€49,490 | +24.0% |
| Operating profit (loss) | 9901 | €200,948 | €247,264 | +€46,316 | +23.0% |
| Financial income | 75/76B | €4 | €122 | +€118 | +2,956% |
| Recurring financial income | 75 | €4 | €122 | +€118 | +2,956% |
| Financial charges | 65/66B | €108 | €346 | +€238 | +220% |
| Recurring financial charges | 65 | €108 | €346 | +€238 | +220% |
| Profit (loss) for the period before taxes | 9903 | €200,844 | €247,040 | +€46,196 | +23.0% |
| Income taxes | 67/77 | €45,292 | €5,286 | -€40,006 | -88.3% |
| Profit (loss) for the period | 9904 | €155,552 | €241,754 | +€86,202 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €155,552 | €241,754 | +€86,202 | +55.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.