W.P. CREATIES: 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.
W.P. CREATIES
Largest movements
- Cash +€48,625
up €48,625 (+31.5%), from €154,549 to €203,175
mainly Net result for the year (+€100,340) and Trade debts (+€29,256)
- Receivables after one year +€13,037
up €13,037 (+5.6%), from €234,057 to €247,093
- Receivables within one year +€11,147
up €11,147 (+24.2%), from €46,020 to €57,167
of which Trade receivables: +€31,747
- Tangible fixed assets +€11,099
up €11,099 (+62.5%), from €17,763 to €28,862
of which Furniture and vehicles: +€13,312
- Reserves +€31,621
up €31,621 (+9.2%), from €343,315 to €374,936
- Trade debts +€29,256
up €29,256 (+86.5%), from €33,809 to €63,065
- Other debts +€12,326
up €12,326 (+21.1%), from €58,488 to €70,814
- Tax, wage and social debts +€11,262
up €11,262 (+417.4%), from €2,698 to €13,960
- Gross operating margin -€269,204
down €269,204 (-65.8%), from €409,204 to €140,000
- Taxes -€72,627
down €72,627 (-62.2%), from €116,725 to €44,098
- Staff costs -€24,360
down €24,360 (-92.7%), from €26,280 to €1,920
- Financial income +€9,445
up €9,445 (+209.5%), from €4,507 to €13,952
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 | €457,244 | €541,716 | +€84,472 | +18.5% |
| Fixed assets | 21/28 | €17,763 | €28,862 | +€11,099 | +62.5% |
| Tangible fixed assets | 22/27 | €17,763 | €28,862 | +€11,099 | +62.5% |
| Plant, machinery and equipment | 23 | €899 | €144 | -€755 | -84.0% |
| Furniture and vehicles | 24 | €2,865 | €16,177 | +€13,312 | +464.7% |
| Other tangible fixed assets | 26 | €13,999 | €12,541 | -€1,458 | -10.4% |
| Current assets | 29/58 | €439,480 | €512,853 | +€73,373 | +16.7% |
| Amounts receivable after more than one year | 29 | €234,057 | €247,093 | +€13,037 | +5.6% |
| Other amounts receivable | 291 | €234,057 | €247,093 | +€13,037 | +5.6% |
| Stocks and contracts in progress | 3 | €1,542 | - | -€1,542 | |
| Stocks | 30/36 | €1,542 | - | -€1,542 | |
| Amounts receivable within one year | 40/41 | €46,020 | €57,167 | +€11,147 | +24.2% |
| Trade receivables | 40 | €25,420 | €57,167 | +€31,747 | +124.9% |
| Other amounts receivable | 41 | €20,600 | €0 | -€20,600 | -100.0% |
| Cash at bank and in hand | 54/58 | €154,549 | €203,175 | +€48,625 | +31.5% |
| Deferred charges and accrued income | 490/1 | €3,312 | €5,418 | +€2,105 | +63.6% |
| Total equity and liabilities | 10/49 | €457,244 | €541,716 | +€84,472 | +18.5% |
| Equity | 10/15 | €361,915 | €393,536 | +€31,621 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €343,315 | €374,936 | +€31,621 | +9.2% |
| Distributable reserves | 133 | €343,315 | €374,936 | +€31,621 | +9.2% |
| Amounts payable | 17/49 | €95,328 | €148,179 | +€52,851 | +55.4% |
| Amounts payable within one year | 42/48 | €94,996 | €147,840 | +€52,844 | +55.6% |
| Trade debts | 44 | €33,809 | €63,065 | +€29,256 | +86.5% |
| Suppliers | 440/4 | €33,809 | €63,065 | +€29,256 | +86.5% |
| Taxes, remuneration and social security | 45 | €2,698 | €13,960 | +€11,262 | +417.4% |
| Taxes | 450/3 | €2,698 | €13,960 | +€11,262 | +417.4% |
| Other amounts payable | 47/48 | €58,488 | €70,814 | +€12,326 | +21.1% |
| Accrued charges and deferred income | 492/3 | €333 | €340 | +€7 | +2.0% |
| Non-recurring operating income | 76A | €360,720 | - | -€360,720 | |
| Remuneration, social security and pensions | 62 | €26,280 | €1,920 | -€24,360 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,470 | €4,822 | -€2,648 | -35.4% |
| Other operating charges | 640/8 | €1,824 | €1,238 | -€586 | -32.1% |
| Gross operating margin | 9900 | €409,204 | €140,000 | -€269,204 | -65.8% |
| Operating profit (loss) | 9901 | €373,629 | €132,020 | -€241,609 | -64.7% |
| Financial income | 75/76B | €4,507 | €13,952 | +€9,445 | +209.5% |
| Recurring financial income | 75 | €4,507 | €13,952 | +€9,445 | +209.5% |
| Financial charges | 65/66B | €2,171 | €1,534 | -€637 | -29.4% |
| Recurring financial charges | 65 | €2,171 | €1,534 | -€637 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €375,965 | €144,438 | -€231,527 | -61.6% |
| Income taxes | 67/77 | €116,725 | €44,098 | -€72,627 | -62.2% |
| Profit (loss) for the period | 9904 | €259,240 | €100,340 | -€158,900 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €259,240 | €100,340 | -€158,900 | -61.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.