TOP CREATIES: 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.
TOP CREATIES
Largest movements
- Receivables within one year +€432,168
up €432,168 (+1889.4%), from €22,874 to €455,041
of which Trade receivables: +€420,754
- Intangible fixed assets -€80,887
down €80,887 (-26.2%), from €308,958 to €228,071
- Stocks and contracts +€15,176
up €15,176 (+3.6%), from €416,342 to €431,519
- Trade debts +€350,637
up €350,637 (+365.0%), from €96,065 to €446,702
- Short-term financial debts +€72,859
up €72,859 (+36.4%), from €200,000 to €272,859
- Tax, wage and social debts -€71,832
down €71,832 (-40.6%), from €176,965 to €105,134
of which Taxes: -€49,272
- Other debts -€12,085
down €12,085 (-21.0%), from €57,510 to €45,425
- Gross operating margin -€273,459
down €273,459 (-39.1%), from €699,858 to €426,399
- Staff costs -€208,529
down €208,529 (-42.9%), from €486,442 to €277,914
- Write-downs -€36,065
down €36,065 (-100.0%), from €36,065 to €0
- Other operating charges -€22,162
down €22,162 (-59.9%), from €37,016 to €14,854
- Depreciation -€9,921
down €9,921 (-9.1%), from €109,540 to €99,619
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 | €798,751 | €1,132,765 | +€334,014 | +41.8% |
| Formation expenses | 20 | €14,126 | €7,053 | -€7,073 | -50.1% |
| Fixed assets | 21/28 | €327,404 | €237,113 | -€90,291 | -27.6% |
| Intangible fixed assets | 21 | €308,958 | €228,071 | -€80,887 | -26.2% |
| Tangible fixed assets | 22/27 | €18,446 | €9,041 | -€9,404 | -51.0% |
| Plant, machinery and equipment | 23 | €671 | €304 | -€366 | -54.6% |
| Furniture and vehicles | 24 | €944 | €1,775 | +€831 | +88.0% |
| Leasing and similar rights | 25 | €3,271 | €0 | -€3,271 | -100.0% |
| Other tangible fixed assets | 26 | €13,560 | €6,961 | -€6,598 | -48.7% |
| Current assets | 29/58 | €457,222 | €888,600 | +€431,378 | +94.3% |
| Stocks and contracts in progress | 3 | €416,342 | €431,519 | +€15,176 | +3.6% |
| Stocks | 30/36 | €416,342 | €431,519 | +€15,176 | +3.6% |
| Amounts receivable within one year | 40/41 | €22,874 | €455,041 | +€432,168 | +1889.4% |
| Trade receivables | 40 | €9,179 | €429,933 | +€420,754 | +4584.0% |
| Other amounts receivable | 41 | €13,695 | €25,108 | +€11,413 | +83.3% |
| Cash at bank and in hand | 54/58 | €6,749 | €1,514 | -€5,235 | -77.6% |
| Deferred charges and accrued income | 490/1 | €11,257 | €526 | -€10,731 | -95.3% |
| Total equity and liabilities | 10/49 | €798,751 | €1,132,765 | +€334,014 | +41.8% |
| Equity | 10/15 | €259,629 | €260,603 | +€974 | +0.4% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Capital | 10 | €68,171 | €68,171 | = | 0.0% |
| Issued capital | 100 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €6,817 | €6,817 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Legal reserve | 130 | €6,817 | €6,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,642 | €185,615 | +€974 | +0.5% |
| Amounts payable | 17/49 | €539,122 | €872,162 | +€333,040 | +61.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €533,968 | €870,119 | +€336,152 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | €3,182 | €0 | -€3,182 | -100.0% |
| Financial debts | 43 | €200,000 | €272,859 | +€72,859 | +36.4% |
| Credit institutions | 430/8 | €200,000 | €272,859 | +€72,859 | +36.4% |
| Trade debts | 44 | €96,065 | €446,702 | +€350,637 | +365.0% |
| Suppliers | 440/4 | €96,065 | €446,702 | +€350,637 | +365.0% |
| Advances received on contracts in progress | 46 | €245 | €0 | -€245 | -100.0% |
| Taxes, remuneration and social security | 45 | €176,965 | €105,134 | -€71,832 | -40.6% |
| Taxes | 450/3 | €119,579 | €70,307 | -€49,272 | -41.2% |
| Remuneration and social security | 454/9 | €57,386 | €34,826 | -€22,560 | -39.3% |
| Other amounts payable | 47/48 | €57,510 | €45,425 | -€12,085 | -21.0% |
| Accrued charges and deferred income | 492/3 | €5,154 | €2,043 | -€3,111 | -60.4% |
| Remuneration, social security and pensions | 62 | €486,442 | €277,914 | -€208,529 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,540 | €99,619 | -€9,921 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,065 | €0 | -€36,065 | -100.0% |
| Other operating charges | 640/8 | €37,016 | €14,854 | -€22,162 | -59.9% |
| Gross operating margin | 9900 | €699,858 | €426,399 | -€273,459 | -39.1% |
| Operating profit (loss) | 9901 | €30,795 | €34,012 | +€3,217 | +10.4% |
| Financial income | 75/76B | €274 | €200 | -€74 | -26.9% |
| Recurring financial income | 75 | €274 | €200 | -€74 | -26.9% |
| Financial charges | 65/66B | €21,179 | €28,608 | +€7,429 | +35.1% |
| Recurring financial charges | 65 | €21,179 | €28,608 | +€7,429 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €9,889 | €5,604 | -€4,285 | -43.3% |
| Income taxes | 67/77 | €7,998 | €4,630 | -€3,368 | -42.1% |
| Profit (loss) for the period | 9904 | €1,891 | €974 | -€917 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,891 | €974 | -€917 | -48.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.