Publi-Créations: 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.
Publi-Créations
Largest movements
- Tangible fixed assets -€6,915
down €6,915 (-4.4%), from €157,582 to €150,667
- Debts after one year -€8,643
down €8,643 (-8.6%), from €100,337 to €91,694
of which Financial debts: -€8,643
- Other debts +€3,392
up €3,392 (+18.8%), from €18,000 to €21,392
- Tax, wage and social debts -€1,882
down €1,882 (-67.9%), from €2,772 to €890
- Gross operating margin -€8,454
down €8,454 (-36.7%), from €23,058 to €14,604
- Depreciation -€2,851
down €2,851 (-26.2%), from €10,871 to €8,020
- Taxes -€2,331
down €2,331 (-100.0%), from €2,331 to €0
- Financial charges +€1,414
up €1,414 (+43.1%), from €3,282 to €4,695
- Other operating charges +€499
up €499 (+28.8%), from €1,734 to €2,233
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 | €162,156 | €156,393 | -€5,764 | -3.6% |
| Fixed assets | 21/28 | €159,082 | €152,167 | -€6,915 | -4.3% |
| Tangible fixed assets | 22/27 | €157,582 | €150,667 | -€6,915 | -4.4% |
| Land and buildings | 22 | €157,582 | €150,667 | -€6,915 | -4.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €3,075 | €4,226 | +€1,151 | +37.4% |
| Amounts receivable within one year | 40/41 | €2,710 | €3,380 | +€670 | +24.7% |
| Trade receivables | 40 | €2,710 | €380 | -€2,330 | -86.0% |
| Other amounts receivable | 41 | €0 | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €364 | €827 | +€462 | +126.9% |
| Deferred charges and accrued income | 490/1 | - | €19 | +€19 | |
| Total equity and liabilities | 10/49 | €162,156 | €156,393 | -€5,764 | -3.6% |
| Equity | 10/15 | €30,610 | €30,266 | -€344 | -1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,869 | €11,869 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,239 | €1,239 | = | 0.0% |
| Distributable reserves | 133 | €10,630 | €10,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148 | -€196 | -€344 | |
| Amounts payable | 17/49 | €131,547 | €126,127 | -€5,420 | -4.1% |
| Amounts payable after more than one year | 17 | €100,337 | €91,694 | -€8,643 | -8.6% |
| Financial debts | 170/4 | €98,447 | €89,804 | -€8,643 | -8.8% |
| Other amounts payable | 178/9 | €1,890 | €1,890 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,210 | €34,434 | +€3,224 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €6,777 | €7,833 | +€1,055 | +15.6% |
| Trade debts | 44 | €3,385 | €4,069 | +€684 | +20.2% |
| Suppliers | 440/4 | €3,385 | €4,069 | +€684 | +20.2% |
| Advances received on contracts in progress | 46 | €275 | €250 | -€25 | -9.2% |
| Taxes, remuneration and social security | 45 | €2,772 | €890 | -€1,882 | -67.9% |
| Taxes | 450/3 | €2,772 | €890 | -€1,882 | -67.9% |
| Other amounts payable | 47/48 | €18,000 | €21,392 | +€3,392 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,871 | €8,020 | -€2,851 | -26.2% |
| Other operating charges | 640/8 | €1,734 | €2,233 | +€499 | +28.8% |
| Gross operating margin | 9900 | €23,058 | €14,604 | -€8,454 | -36.7% |
| Operating profit (loss) | 9901 | €10,453 | €4,351 | -€6,102 | -58.4% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €3,282 | €4,695 | +€1,414 | +43.1% |
| Recurring financial charges | 65 | €3,282 | €4,695 | +€1,414 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €7,221 | -€344 | -€7,566 | |
| Income taxes | 67/77 | €2,331 | €0 | -€2,331 | -100.0% |
| Profit (loss) for the period | 9904 | €4,891 | -€344 | -€5,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,891 | -€344 | -€5,235 |
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 10 October 2026 via checked.be.