KREATIVE: 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.
KREATIVE
Largest movements
- Cash +€3,765
up €3,765 (+50.8%), from €7,405 to €11,169
mainly Tax, wage and social debts (+€11,145) and Other debts (+€10,737)
- Tangible fixed assets +€3,466
up €3,466 (+5.5%), from €63,558 to €67,023
of which Furniture and vehicles: +€10,129
- Receivables within one year -€1,061
down €1,061 (-92.1%), from €1,152 to €92
- Tax, wage and social debts +€11,145
up €11,145 (+180%), from €6,190 to €17,335
of which Remuneration and social security: +€11,355
- Other debts +€10,737
up €10,737 (+340%), from €3,156 to €13,893
- Debts after one year -€8,842
down €8,842 (-21.9%), from €40,315 to €31,473
- Trade debts -€5,468
down €5,468 (-91.5%), from €5,978 to €509
- Profit (loss) carried forward -€1,655
down €1,655 (-15.6%), from -€10,598 to -€12,253
- Other operating charges -€2,596
down €2,596 (-62.3%), from €4,170 to €1,574
- Gross operating margin +€1,926
up €1,926 (+19.5%), from €9,858 to €11,784
- Financial charges +€1,630
up €1,630 (+65.0%), from €2,509 to €4,139
- Depreciation +€921
up €921 (+13.8%), from €6,664 to €7,585
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 | €72,115 | €78,400 | +€6,285 | +8.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €63,558 | €67,023 | +€3,466 | +5.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €63,558 | €67,023 | +€3,466 | +5.5% |
| Land and buildings | 22 | €62,569 | €56,235 | -€6,334 | -10.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €10,129 | +€10,129 | |
| Other tangible fixed assets | 26 | €989 | €659 | -€330 | -33.3% |
| Current assets | 29/58 | €8,557 | €11,376 | +€2,820 | +33.0% |
| Amounts receivable within one year | 40/41 | €1,152 | €92 | -€1,061 | -92.1% |
| Other amounts receivable | 41 | €1,152 | €92 | -€1,061 | -92.1% |
| Cash at bank and in hand | 54/58 | €7,405 | €11,169 | +€3,765 | +50.8% |
| Deferred charges and accrued income | 490/1 | - | €115 | +€115 | |
| Total equity and liabilities | 10/49 | €72,115 | €78,400 | +€6,285 | +8.7% |
| Equity | 10/15 | €8,002 | €6,347 | -€1,655 | -20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,598 | -€12,253 | -€1,655 | -15.6% |
| Amounts payable | 17/49 | €64,113 | €72,053 | +€7,940 | +12.4% |
| Amounts payable after more than one year | 17 | €40,315 | €31,473 | -€8,842 | -21.9% |
| Financial debts | 170/4 | €40,315 | €31,473 | -€8,842 | -21.9% |
| Amounts payable within one year | 42/48 | €23,798 | €40,580 | +€16,782 | +70.5% |
| Current portion of amounts payable after more than one year | 42 | €8,474 | €8,842 | +€368 | +4.3% |
| Trade debts | 44 | €5,978 | €509 | -€5,468 | -91.5% |
| Suppliers | 440/4 | €5,978 | €509 | -€5,468 | -91.5% |
| Taxes, remuneration and social security | 45 | €6,190 | €17,335 | +€11,145 | +180% |
| Taxes | 450/3 | €3,111 | €2,901 | -€210 | -6.7% |
| Remuneration and social security | 454/9 | €3,079 | €14,434 | +€11,355 | +369% |
| Other amounts payable | 47/48 | €3,156 | €13,893 | +€10,737 | +340% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,664 | €7,585 | +€921 | +13.8% |
| Other operating charges | 640/8 | €4,170 | €1,574 | -€2,596 | -62.3% |
| Gross operating margin | 9900 | €9,858 | €11,784 | +€1,926 | +19.5% |
| Operating profit (loss) | 9901 | -€976 | €2,625 | +€3,601 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,509 | €4,139 | +€1,630 | +65.0% |
| Recurring financial charges | 65 | €2,509 | €4,139 | +€1,630 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,484 | -€1,514 | +€1,970 | +56.5% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€3,623 | -€1,655 | +€1,968 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,623 | -€1,655 | +€1,968 | +54.3% |
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 13 October 2026 via checked.be.