Luc Petit CREATION: 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.
Luc Petit CREATION
Largest movements
- Current investments -€247,306
down €247,306 (-63.0%), from €392,784 to €145,478
- Receivables within one year +€119,319
up €119,319 (+163%), from €73,124 to €192,444
of which Other amounts receivable: +€159,548
- Trade debts -€77,871
down €77,871 (-95.6%), from €81,473 to €3,602
- Tax, wage and social debts -€57,302
down €57,302 (-96.5%), from €59,371 to €2,069
- Financial charges -€1.2m
down €1.2m (-99.9%), from €1.2m to €719
- Gross operating margin -€403,606
down €403,606, from €399,574 to -€4,032
- Taxes -€62,593
down €62,593 (-96.8%), from €64,662 to €2,069
- Depreciation -€5,125
no longer reported in 2025 (was €5,125)
- Financial income -€4,205
down €4,205 (-23.8%), from €17,635 to €13,430
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 | €1,812,399 | €1,672,140 | -€140,259 | -7.7% |
| Fixed assets | 21/28 | €8,573 | - | -€8,573 | |
| Tangible fixed assets | 22/27 | €8,573 | - | -€8,573 | |
| Other tangible fixed assets | 26 | €8,573 | - | -€8,573 | |
| Current assets | 29/58 | €1,803,826 | €1,672,140 | -€131,687 | -7.3% |
| Amounts receivable within one year | 40/41 | €73,124 | €192,444 | +€119,319 | +163% |
| Trade receivables | 40 | €41,745 | €1,516 | -€40,229 | -96.4% |
| Other amounts receivable | 41 | €31,379 | €190,927 | +€159,548 | +508% |
| Current investments | 50/53 | €392,784 | €145,478 | -€247,306 | -63.0% |
| Cash at bank and in hand | 54/58 | €1,337,918 | €1,334,218 | -€3,700 | -0.3% |
| Total equity and liabilities | 10/49 | €1,812,399 | €1,672,140 | -€140,259 | -7.7% |
| Equity | 10/15 | €1,658,462 | €1,664,073 | +€5,611 | +0.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €248,000 | €248,000 | = | 0.0% |
| Distributable reserves | 133 | €248,000 | €248,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,402,402 | €1,408,013 | +€5,611 | +0.4% |
| Amounts payable | 17/49 | €153,937 | €8,067 | -€145,870 | -94.8% |
| Amounts payable within one year | 42/48 | €153,937 | €8,067 | -€145,870 | -94.8% |
| Trade debts | 44 | €81,473 | €3,602 | -€77,871 | -95.6% |
| Suppliers | 440/4 | €81,473 | €3,602 | -€77,871 | -95.6% |
| Taxes, remuneration and social security | 45 | €59,371 | €2,069 | -€57,302 | -96.5% |
| Taxes | 450/3 | €59,371 | €2,069 | -€57,302 | -96.5% |
| Other amounts payable | 47/48 | €13,093 | €2,396 | -€10,697 | -81.7% |
| Non-recurring operating income | 76A | €88 | €12,088 | +€12,001 | +13,649% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,125 | - | -€5,125 | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €399,574 | -€4,032 | -€403,606 | |
| Operating profit (loss) | 9901 | €393,481 | -€5,031 | -€398,512 | |
| Financial income | 75/76B | €17,635 | €13,430 | -€4,205 | -23.8% |
| Recurring financial income | 75 | €17,635 | €13,430 | -€4,205 | -23.8% |
| Financial charges | 65/66B | €1,163,538 | €719 | -€1.2m | -99.9% |
| Recurring financial charges | 65 | €1,163,538 | €719 | -€1.2m | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€752,422 | €7,680 | +€760,102 | |
| Income taxes | 67/77 | €64,662 | €2,069 | -€62,593 | -96.8% |
| Profit (loss) for the period | 9904 | -€817,084 | €5,611 | +€822,695 | |
| Profit (loss) for the period to be appropriated | 9905 | -€817,084 | €5,611 | +€822,695 |
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 30 October 2026 via checked.be.