STEIN KREATIV: what changed
STEIN KREATIV
Largest movements
- Current investments -€509,571
down €509,571 (-76.0%), from €670,484 to €160,913
- Cash -€29,960
down €29,960 (-88.5%), from €33,849 to €3,888
mainly Debts after one year (-€328,700) and Contributions, distributions and other (-€120,000)
- Receivables within one year +€29,824
up €29,824 (+258%), from €11,554 to €41,378
- Debts after one year -€328,700
no longer reported in 2025 (was €328,700)
- Reserves -€97,000
down €97,000 (-57.3%), from €169,293 to €72,293
of which Distributable reserves: -€97,000
- Other debts -€71,415
down €71,415 (-94.9%), from €75,213 to €3,799
- Accrued charges and deferred income -€19,916
down €19,916 (-100.0%), from €19,924 to €9
- Financial income -€32,668
down €32,668 (-97.8%), from €33,394 to €725
- Financial charges -€28,255
down €28,255 (-99.4%), from €28,412 to €157
- Gross operating margin +€12,147
up €12,147 (+50.0%), from €24,301 to €36,448
- Taxes +€5,670
up €5,670 (+132%), from €4,288 to €9,959
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 | €872,254 | €362,722 | -€509,532 | -58.4% |
| Fixed assets | 21/28 | €154,933 | €154,933 | = | 0.0% |
| Financial fixed assets | 28 | €154,933 | €154,933 | = | 0.0% |
| Current assets | 29/58 | €717,320 | €207,788 | -€509,532 | -71.0% |
| Amounts receivable within one year | 40/41 | €11,554 | €41,378 | +€29,824 | +258% |
| Trade receivables | 40 | €11,554 | €41,378 | +€29,824 | +258% |
| Current investments | 50/53 | €670,484 | €160,913 | -€509,571 | -76.0% |
| Cash at bank and in hand | 54/58 | €33,849 | €3,888 | -€29,960 | -88.5% |
| Deferred charges and accrued income | 490/1 | €1,434 | €1,609 | +€175 | +12.2% |
| Total equity and liabilities | 10/49 | €872,254 | €362,722 | -€509,532 | -58.4% |
| Equity | 10/15 | €413,311 | €316,446 | -€96,865 | -23.4% |
| Contributions | 10/11 | €154,933 | €154,933 | = | 0.0% |
| Capital | 10 | €154,933 | €154,933 | = | 0.0% |
| Issued capital | 100 | €154,933 | €154,933 | = | 0.0% |
| Reserves | 13 | €169,293 | €72,293 | -€97,000 | -57.3% |
| Non-distributable reserves | 130/1 | €15,493 | €15,493 | = | 0.0% |
| Legal reserve | 130 | €15,493 | €15,493 | = | 0.0% |
| Distributable reserves | 133 | €153,800 | €56,800 | -€97,000 | -63.1% |
| Profit (loss) carried forward | 14 | €89,084 | €89,219 | +€135 | +0.2% |
| Amounts payable | 17/49 | €458,943 | €46,276 | -€412,667 | -89.9% |
| Amounts payable after more than one year | 17 | €328,700 | - | -€328,700 | |
| Other amounts payable | 178/9 | €328,700 | - | -€328,700 | |
| Amounts payable within one year | 42/48 | €110,318 | €46,268 | -€64,051 | -58.1% |
| Trade debts | 44 | €13,664 | €12,864 | -€801 | -5.9% |
| Suppliers | 440/4 | €13,664 | €12,864 | -€801 | -5.9% |
| Taxes, remuneration and social security | 45 | €21,440 | €29,605 | +€8,164 | +38.1% |
| Taxes | 450/3 | €21,440 | €29,605 | +€8,164 | +38.1% |
| Other amounts payable | 47/48 | €75,213 | €3,799 | -€71,415 | -94.9% |
| Accrued charges and deferred income | 492/3 | €19,924 | €9 | -€19,916 | -100.0% |
| Non-recurring operating income | 76A | - | €15,005 | +€15,005 | |
| Remuneration, social security and pensions | 62 | €1,520 | €1,520 | = | 0.0% |
| Other operating charges | 640/8 | €1,949 | €2,223 | +€273 | +14.0% |
| Non-recurring operating charges | 66A | €350 | €180 | -€170 | -48.5% |
| Gross operating margin | 9900 | €24,301 | €36,448 | +€12,147 | +50.0% |
| Operating profit (loss) | 9901 | €20,482 | €32,525 | +€12,043 | +58.8% |
| Financial income | 75/76B | €33,394 | €725 | -€32,668 | -97.8% |
| Recurring financial income | 75 | €33,394 | €725 | -€32,668 | -97.8% |
| Financial charges | 65/66B | €28,412 | €157 | -€28,255 | -99.4% |
| Recurring financial charges | 65 | €28,412 | €157 | -€28,255 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €25,464 | €33,094 | +€7,630 | +30.0% |
| Income taxes | 67/77 | €4,288 | €9,959 | +€5,670 | +132% |
| Profit (loss) for the period | 9904 | €21,175 | €23,135 | +€1,960 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,175 | €23,135 | +€1,960 | +9.3% |
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 3 November 2026 via checked.be.