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OPEN CREATIVITY: 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.

What changed

OPEN CREATIVITY

BE 0675.940.045
NACE 20.300, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176
2024 · €156+€20
Equity
€191,184
2024 · €191,008+€176
Cash
€146,238
2024 · €146,151+€87
Balance sheet total
€213,503
2024 · €215,774-€2,271

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€12,203

    up €12,203 (+30.6%), from €39,870 to €52,073

  • Tangible fixed assets -€10,060

    down €10,060 (-59.6%), from €16,887 to €6,827

  • Receivables within one year -€4,616

    down €4,616 (-46.5%), from €9,933 to €5,317

    of which Trade receivables: -€4,582

Equity and liabilities
  • Trade debts -€2,378

    down €2,378 (-37.8%), from €6,291 to €3,913

Income statement
  • Gross operating margin -€6,077

    down €6,077 (-30.8%), from €19,712 to €13,635

  • Taxes -€3,092

    down €3,092 (-69.1%), from €4,472 to €1,380

  • Depreciation -€1,628

    down €1,628 (-13.4%), from €12,188 to €10,560

  • Other operating charges -€1,287

    down €1,287 (-49.9%), from €2,579 to €1,292

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €156
Gross operating margin -€6,077
Depreciation +€1,628
Other operating charges +€1,287
Financial income +€7
Financial charges +€84
Taxes +€3,092
Result 2025 €176

Cash bridge derived

cash 2024 to 2025

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.

From operations +€587
Investment -€500
Financing €0
Cash 2024 €146,151
Net result for the year +€176
Depreciation +€10,560
Stocks and contracts -€12,203
Receivables within one year +€4,616
Deferred charges and accrued income -€115
Trade debts -€2,378
Tax, wage and social debts -€142
Other debts -€5
Accrued charges and deferred income +€77
Investment in fixed assets (net) -€500
Cash 2025 €146,238
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €215,774 €213,503 -€2,271 -1.1%
Fixed assets 21/28 €16,887 €6,827 -€10,060 -59.6%
Tangible fixed assets 22/27 €16,887 €6,827 -€10,060 -59.6%
Furniture and vehicles 24 €16,887 €6,827 -€10,060 -59.6%
Current assets 29/58 €198,887 €206,675 +€7,789 +3.9%
Stocks and contracts in progress 3 €39,870 €52,073 +€12,203 +30.6%
Stocks 30/36 €39,870 €52,073 +€12,203 +30.6%
Amounts receivable within one year 40/41 €9,933 €5,317 -€4,616 -46.5%
Trade receivables 40 €7,399 €2,817 -€4,582 -61.9%
Other amounts receivable 41 €2,534 €2,500 -€34 -1.4%
Cash at bank and in hand 54/58 €146,151 €146,238 +€87 +0.1%
Deferred charges and accrued income 490/1 €2,933 €3,047 +€115 +3.9%
Total equity and liabilities 10/49 €215,774 €213,503 -€2,271 -1.1%
Equity 10/15 €191,008 €191,184 +€176 +0.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €168,500 €168,500 = 0.0%
Distributable reserves 133 €168,500 €168,500 = 0.0%
Profit (loss) carried forward 14 €3,908 €4,084 +€176 +4.5%
Amounts payable 17/49 €24,766 €22,318 -€2,448 -9.9%
Amounts payable within one year 42/48 €24,475 €21,950 -€2,525 -10.3%
Trade debts 44 €6,291 €3,913 -€2,378 -37.8%
Suppliers 440/4 €6,291 €3,913 -€2,378 -37.8%
Taxes, remuneration and social security 45 €4,378 €4,236 -€142 -3.2%
Taxes 450/3 €4,378 €4,236 -€142 -3.2%
Other amounts payable 47/48 €13,806 €13,801 -€5 0.0%
Accrued charges and deferred income 492/3 €291 €368 +€77 +26.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,188 €10,560 -€1,628 -13.4%
Other operating charges 640/8 €2,579 €1,292 -€1,287 -49.9%
Gross operating margin 9900 €19,712 €13,635 -€6,077 -30.8%
Operating profit (loss) 9901 €4,946 €1,784 -€3,162 -63.9%
Financial income 75/76B €1,378 €1,385 +€7 +0.5%
Recurring financial income 75 €1,378 €1,385 +€7 +0.5%
Financial charges 65/66B €1,695 €1,612 -€84 -4.9%
Recurring financial charges 65 €1,695 €1,612 -€84 -4.9%
Profit (loss) for the period before taxes 9903 €4,628 €1,557 -€3,072 -66.4%
Income taxes 67/77 €4,472 €1,380 -€3,092 -69.1%
Profit (loss) for the period 9904 €156 €176 +€20 +13.1%
Profit (loss) for the period to be appropriated 9905 €156 €176 +€20 +13.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.