S. CREATIVE: 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.
S. CREATIVE
Largest movements
- Cash -€9,785
down €9,785 (-62.9%), from €15,558 to €5,773
mainly Tax, wage and social debts (-€6,225) and Receivables within one year (-€2,581)
- Receivables within one year +€2,581
up €2,581 (+3.1%), from €82,413 to €84,994
of which Other amounts receivable: +€4,064
- Tangible fixed assets -€1,634
down €1,634 (-22.1%), from €7,384 to €5,750
of which Other tangible fixed assets: -€1,075
- Tax, wage and social debts -€6,225
down €6,225 (-99.2%), from €6,273 to €48
of which Taxes: -€6,225
- Reserves -€1,597
down €1,597 (-1.7%), from €92,056 to €90,458
of which Distributable reserves: -€1,597
- Gross operating margin -€23,327
down €23,327, from €20,890 to -€2,436
- Taxes -€7,183
down €7,183 (-98.2%), from €7,312 to €130
- Financial income +€547
up €547 (+14.0%), from €3,910 to €4,458
- Depreciation +€394
up €394 (+19.5%), from €2,023 to €2,417
- Other operating charges -€308
down €308 (-40.5%), from €761 to €453
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 | €106,270 | €97,383 | -€8,887 | -8.4% |
| Fixed assets | 21/28 | €7,384 | €5,750 | -€1,634 | -22.1% |
| Tangible fixed assets | 22/27 | €7,384 | €5,750 | -€1,634 | -22.1% |
| Plant, machinery and equipment | 23 | €2,052 | €1,493 | -€559 | -27.3% |
| Furniture and vehicles | 24 | €744 | €744 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,588 | €3,514 | -€1,075 | -23.4% |
| Current assets | 29/58 | €98,886 | €91,633 | -€7,253 | -7.3% |
| Amounts receivable within one year | 40/41 | €82,413 | €84,994 | +€2,581 | +3.1% |
| Trade receivables | 40 | €7,442 | €5,959 | -€1,483 | -19.9% |
| Other amounts receivable | 41 | €74,971 | €79,035 | +€4,064 | +5.4% |
| Cash at bank and in hand | 54/58 | €15,558 | €5,773 | -€9,785 | -62.9% |
| Deferred charges and accrued income | 490/1 | €914 | €866 | -€49 | -5.3% |
| Total equity and liabilities | 10/49 | €106,270 | €97,383 | -€8,887 | -8.4% |
| Equity | 10/15 | €98,253 | €96,656 | -€1,597 | -1.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €92,056 | €90,458 | -€1,597 | -1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €92,056 | €90,458 | -€1,597 | -1.7% |
| Amounts payable | 17/49 | €8,017 | €727 | -€7,290 | -90.9% |
| Amounts payable within one year | 42/48 | €7,928 | €664 | -€7,264 | -91.6% |
| Trade debts | 44 | €1,655 | €616 | -€1,039 | -62.8% |
| Suppliers | 440/4 | €1,655 | €616 | -€1,039 | -62.8% |
| Taxes, remuneration and social security | 45 | €6,273 | €48 | -€6,225 | -99.2% |
| Taxes | 450/3 | €6,273 | €48 | -€6,225 | -99.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €89 | €63 | -€26 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,023 | €2,417 | +€394 | +19.5% |
| Other operating charges | 640/8 | €761 | €453 | -€308 | -40.5% |
| Gross operating margin | 9900 | €20,890 | -€2,436 | -€23,327 | |
| Operating profit (loss) | 9901 | €18,107 | -€5,306 | -€23,413 | |
| Financial income | 75/76B | €3,910 | €4,458 | +€547 | +14.0% |
| Recurring financial income | 75 | €3,910 | €4,458 | +€547 | +14.0% |
| Financial charges | 65/66B | €570 | €619 | +€49 | +8.7% |
| Recurring financial charges | 65 | €570 | €619 | +€49 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €21,447 | -€1,467 | -€22,915 | |
| Income taxes | 67/77 | €7,312 | €130 | -€7,183 | -98.2% |
| Profit (loss) for the period | 9904 | €14,135 | -€1,597 | -€15,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,135 | -€1,597 | -€15,732 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.