KREATIVITY: 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.
KREATIVITY
Largest movements
- Receivables within one year +€15,990
up €15,990 (+85.7%), from €18,655 to €34,645
- Tangible fixed assets -€13,000
down €13,000 (-6.5%), from €201,441 to €188,441
- Cash -€8,179
down €8,179 (-38.7%), from €21,117 to €12,938
mainly Receivables within one year (-€15,990) and Debts after one year (-€11,764)
- Debts after one year -€11,764
down €11,764 (-5.7%), from €205,638 to €193,874
- Profit (loss) carried forward +€6,280
up €6,280 (+61.1%), from -€10,276 to -€3,996
- Gross operating margin -€1,285
down €1,285 (-4.6%), from €27,657 to €26,371
- Financial charges +€1,135
up €1,135 (+24.2%), from €4,696 to €5,832
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 | €241,533 | €236,359 | -€5,174 | -2.1% |
| Fixed assets | 21/28 | €201,441 | €188,441 | -€13,000 | -6.5% |
| Tangible fixed assets | 22/27 | €201,441 | €188,441 | -€13,000 | -6.5% |
| Land and buildings | 22 | €201,441 | €188,441 | -€13,000 | -6.5% |
| Current assets | 29/58 | €40,092 | €47,918 | +€7,826 | +19.5% |
| Amounts receivable within one year | 40/41 | €18,655 | €34,645 | +€15,990 | +85.7% |
| Other amounts receivable | 41 | €18,655 | €34,645 | +€15,990 | +85.7% |
| Cash at bank and in hand | 54/58 | €21,117 | €12,938 | -€8,179 | -38.7% |
| Deferred charges and accrued income | 490/1 | €319 | €335 | +€16 | +4.9% |
| Total equity and liabilities | 10/49 | €241,533 | €236,359 | -€5,174 | -2.1% |
| Equity | 10/15 | -€7,276 | -€996 | +€6,280 | +86.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,276 | -€3,996 | +€6,280 | +61.1% |
| Amounts payable | 17/49 | €248,808 | €237,355 | -€11,453 | -4.6% |
| Amounts payable after more than one year | 17 | €205,638 | €193,874 | -€11,764 | -5.7% |
| Financial debts | 170/4 | €205,638 | €193,874 | -€11,764 | -5.7% |
| Amounts payable within one year | 42/48 | €43,170 | €43,481 | +€311 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €11,453 | €11,764 | +€311 | +2.7% |
| Other amounts payable | 47/48 | €31,717 | €31,717 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,000 | €13,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,218 | €1,260 | +€43 | +3.5% |
| Gross operating margin | 9900 | €27,657 | €26,371 | -€1,285 | -4.6% |
| Operating profit (loss) | 9901 | €13,439 | €12,111 | -€1,328 | -9.9% |
| Financial charges | 65/66B | €4,696 | €5,832 | +€1,135 | +24.2% |
| Recurring financial charges | 65 | €4,696 | €5,832 | +€1,135 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €8,742 | €6,280 | -€2,463 | -28.2% |
| Profit (loss) for the period | 9904 | €8,742 | €6,280 | -€2,463 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,742 | €6,280 | -€2,463 | -28.2% |
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 8 October 2026 via checked.be.