THINKCREATE: 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.
THINKCREATE
Largest movements
- Tangible fixed assets +€3,866
new in 2025: €3,866
- Receivables within one year +€3,053
up €3,053 (+4,547%), from €67 to €3,120
of which Trade receivables: +€2,865
- Cash +€844
up €844 (+25.2%), from €3,351 to €4,195
- Other debts +€7,683
up €7,683 (+96.0%), from €8,000 to €15,683
- Profit (loss) carried forward +€5,470
up €5,470 (+21.1%), from -€25,942 to -€20,473
- Trade debts -€5,390
down €5,390 (-35.6%), from €15,161 to €9,771
- Gross operating margin +€23,986
up €23,986, from -€16,825 to €7,161
- Depreciation +€725
new in 2025: €725
- Other operating charges +€532
up €532 (+488%), from €109 to €641
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,418 | €11,181 | +€7,763 | +227% |
| Fixed assets | 21/28 | - | €3,866 | +€3,866 | |
| Tangible fixed assets | 22/27 | - | €3,866 | +€3,866 | |
| Furniture and vehicles | 24 | - | €3,866 | +€3,866 | |
| Current assets | 29/58 | €3,418 | €7,315 | +€3,897 | +114% |
| Amounts receivable within one year | 40/41 | €67 | €3,120 | +€3,053 | +4,547% |
| Trade receivables | 40 | - | €2,865 | +€2,865 | |
| Other amounts receivable | 41 | €67 | €256 | +€189 | +281% |
| Cash at bank and in hand | 54/58 | €3,351 | €4,195 | +€844 | +25.2% |
| Total equity and liabilities | 10/49 | €3,418 | €11,181 | +€7,763 | +227% |
| Equity | 10/15 | -€19,742 | -€14,273 | +€5,470 | +27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,942 | -€20,473 | +€5,470 | +21.1% |
| Amounts payable | 17/49 | €23,161 | €25,453 | +€2,293 | +9.9% |
| Amounts payable within one year | 42/48 | €23,161 | €25,453 | +€2,293 | +9.9% |
| Trade debts | 44 | €15,161 | €9,771 | -€5,390 | -35.6% |
| Suppliers | 440/4 | €15,161 | €9,771 | -€5,390 | -35.6% |
| Other amounts payable | 47/48 | €8,000 | €15,683 | +€7,683 | +96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €725 | +€725 | |
| Other operating charges | 640/8 | €109 | €641 | +€532 | +488% |
| Gross operating margin | 9900 | -€16,825 | €7,161 | +€23,986 | |
| Operating profit (loss) | 9901 | -€16,934 | €5,795 | +€22,729 | |
| Financial charges | 65/66B | €206 | €326 | +€120 | +58.4% |
| Recurring financial charges | 65 | €206 | €326 | +€120 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,139 | €5,470 | +€22,609 | |
| Profit (loss) for the period | 9904 | -€17,139 | €5,470 | +€22,609 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,139 | €5,470 | +€22,609 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.