We, Creatives: 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.
We, Creatives
Largest movements
- Cash +€6,354
up €6,354 (+252%), from €2,518 to €8,872
mainly Short-term financial debts (+€24,480) and Receivables within one year (+€6,244)
- Receivables within one year -€6,244
down €6,244 (-28.6%), from €21,858 to €15,614
of which Trade receivables: -€4,152
- Tangible fixed assets -€1,316
down €1,316 (-25.9%), from €5,090 to €3,774
- Short-term financial debts +€24,480
up €24,480 (+1,033%), from €2,371 to €26,851
- Profit (loss) carried forward -€20,870
new in 2025: -€20,870
- Trade debts -€3,391
down €3,391 (-43.6%), from €7,785 to €4,394
- Debts after one year -€1,851
no longer reported in 2025 (was €1,851)
- Tax, wage and social debts +€722
up €722 (+4.5%), from €16,134 to €16,856
of which Taxes: +€1,634
- Staff costs +€14,143
up €14,143 (+89.6%), from €15,777 to €29,920
- Gross operating margin -€6,001
down €6,001 (-30.5%), from €19,699 to €13,698
- Financial charges +€1,115
up €1,115 (+85.2%), from €1,309 to €2,425
- Taxes -€1,034
down €1,034 (-88.0%), from €1,175 to €141
- Depreciation +€934
up €934 (+244%), from €382 to €1,316
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.
Derived cash bridge
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 | €31,715 | €30,806 | -€909 | -2.9% |
| Fixed assets | 21/28 | €7,340 | €6,024 | -€1,316 | -17.9% |
| Tangible fixed assets | 22/27 | €5,090 | €3,774 | -€1,316 | -25.9% |
| Furniture and vehicles | 24 | €5,090 | €3,774 | -€1,316 | -25.9% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €24,376 | €24,783 | +€407 | +1.7% |
| Amounts receivable within one year | 40/41 | €21,858 | €15,614 | -€6,244 | -28.6% |
| Trade receivables | 40 | €16,965 | €12,813 | -€4,152 | -24.5% |
| Other amounts receivable | 41 | €4,892 | €2,801 | -€2,092 | -42.8% |
| Cash at bank and in hand | 54/58 | €2,518 | €8,872 | +€6,354 | +252% |
| Deferred charges and accrued income | 490/1 | - | €297 | +€297 | |
| Total equity and liabilities | 10/49 | €31,715 | €30,806 | -€909 | -2.9% |
| Equity | 10/15 | €3,575 | -€17,294 | -€20,870 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €575 | €575 | = | 0.0% |
| Distributable reserves | 133 | €575 | €575 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,870 | -€20,870 | |
| Amounts payable | 17/49 | €28,140 | €48,100 | +€19,961 | +70.9% |
| Amounts payable after more than one year | 17 | €1,851 | - | -€1,851 | |
| Financial debts | 170/4 | €1,851 | - | -€1,851 | |
| Amounts payable within one year | 42/48 | €26,289 | €48,100 | +€21,811 | +83.0% |
| Financial debts | 43 | €2,371 | €26,851 | +€24,480 | +1,033% |
| Credit institutions | 430/8 | €2,371 | €26,851 | +€24,480 | +1,033% |
| Trade debts | 44 | €7,785 | €4,394 | -€3,391 | -43.6% |
| Suppliers | 440/4 | €7,785 | €4,394 | -€3,391 | -43.6% |
| Taxes, remuneration and social security | 45 | €16,134 | €16,856 | +€722 | +4.5% |
| Taxes | 450/3 | €13,119 | €14,753 | +€1,634 | +12.5% |
| Remuneration and social security | 454/9 | €3,015 | €2,103 | -€912 | -30.2% |
| Remuneration, social security and pensions | 62 | €15,777 | €29,920 | +€14,143 | +89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382 | €1,316 | +€934 | +244% |
| Other operating charges | 640/8 | €685 | €1,169 | +€485 | +70.8% |
| Gross operating margin | 9900 | €19,699 | €13,698 | -€6,001 | -30.5% |
| Operating profit (loss) | 9901 | €2,856 | -€18,707 | -€21,563 | |
| Financial income | 75/76B | €204 | €403 | +€199 | +97.8% |
| Recurring financial income | 75 | €204 | €403 | +€199 | +97.8% |
| Financial charges | 65/66B | €1,309 | €2,425 | +€1,115 | +85.2% |
| Recurring financial charges | 65 | €1,309 | €2,425 | +€1,115 | +85.2% |
| Profit (loss) for the period before taxes | 9903 | €1,750 | -€20,729 | -€22,479 | |
| Income taxes | 67/77 | €1,175 | €141 | -€1,034 | -88.0% |
| Profit (loss) for the period | 9904 | €575 | -€20,870 | -€21,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €575 | -€20,870 | -€21,445 |
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 23 October 2026 via checked.be.