Qreative: what changed
Qreative
Largest movements
- Receivables within one year +€18,249
up €18,249 (+98.2%), from €18,588 to €36,837
of which Trade receivables: +€15,193
- Cash +€7,913
up €7,913 (+125%), from €6,345 to €14,258
mainly Net result for the year (+€20,380) and Other debts (+€14,450)
- Deferred charges and accrued income -€2,607
down €2,607 (-83.7%), from €3,113 to €506
- Other debts +€14,450
new in 2025: €14,450
- Trade debts +€5,918
up €5,918 (+294%), from €2,013 to €7,931
- Tax, wage and social debts +€4,506
up €4,506 (+46.3%), from €9,739 to €14,246
of which Remuneration and social security: +€3,930
- Short-term financial debts -€4,356
no longer reported in 2025 (was €4,356)
- Profit (loss) carried forward +€3,380
up €3,380 (+48.2%), from €7,019 to €10,399
- Gross operating margin +€65,064
up €65,064, from -€10,794 to €54,270
- Staff costs +€20,826
new in 2025: €20,826
- Taxes +€9,835
up €9,835 (+5,659%), from €174 to €10,008
- Other operating charges +€2,781
up €2,781 (+5,037%), from €55 to €2,837
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,127 | €52,026 | +€23,899 | +85.0% |
| Fixed assets | 21/28 | €80 | €424 | +€344 | +430% |
| Tangible fixed assets | 22/27 | €80 | €424 | +€344 | +430% |
| Furniture and vehicles | 24 | €80 | €424 | +€344 | +430% |
| Current assets | 29/58 | €28,047 | €51,601 | +€23,554 | +84.0% |
| Amounts receivable within one year | 40/41 | €18,588 | €36,837 | +€18,249 | +98.2% |
| Trade receivables | 40 | €13,510 | €28,703 | +€15,193 | +112% |
| Other amounts receivable | 41 | €5,079 | €8,134 | +€3,056 | +60.2% |
| Cash at bank and in hand | 54/58 | €6,345 | €14,258 | +€7,913 | +125% |
| Deferred charges and accrued income | 490/1 | €3,113 | €506 | -€2,607 | -83.7% |
| Total equity and liabilities | 10/49 | €28,127 | €52,026 | +€23,899 | +85.0% |
| Equity | 10/15 | €12,019 | €15,399 | +€3,380 | +28.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,019 | €10,399 | +€3,380 | +48.2% |
| Amounts payable | 17/49 | €16,108 | €36,627 | +€20,519 | +127% |
| Amounts payable within one year | 42/48 | €16,108 | €36,627 | +€20,519 | +127% |
| Financial debts | 43 | €4,356 | - | -€4,356 | |
| Credit institutions | 430/8 | €4,356 | - | -€4,356 | |
| Trade debts | 44 | €2,013 | €7,931 | +€5,918 | +294% |
| Suppliers | 440/4 | €2,013 | €7,931 | +€5,918 | +294% |
| Taxes, remuneration and social security | 45 | €9,739 | €14,246 | +€4,506 | +46.3% |
| Taxes | 450/3 | €9,739 | €10,315 | +€576 | +5.9% |
| Remuneration and social security | 454/9 | - | €3,930 | +€3,930 | |
| Other amounts payable | 47/48 | - | €14,450 | +€14,450 | |
| Remuneration, social security and pensions | 62 | - | €20,826 | +€20,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €258 | -€140 | -35.1% |
| Other operating charges | 640/8 | €55 | €2,837 | +€2,781 | +5,037% |
| Gross operating margin | 9900 | -€10,794 | €54,270 | +€65,064 | |
| Operating profit (loss) | 9901 | -€11,247 | €30,349 | +€41,596 | |
| Financial income | 75/76B | €20 | €344 | +€324 | +1,617% |
| Recurring financial income | 75 | €20 | €344 | +€324 | +1,617% |
| Financial charges | 65/66B | €602 | €305 | -€297 | -49.3% |
| Recurring financial charges | 65 | €602 | €305 | -€297 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,829 | €30,388 | +€42,217 | |
| Income taxes | 67/77 | €174 | €10,008 | +€9,835 | +5,659% |
| Profit (loss) for the period | 9904 | -€12,003 | €20,380 | +€32,383 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,003 | €20,380 | +€32,383 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.