CRESBO: 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.
CRESBO
Largest movements
- Tangible fixed assets +€213,749
up €213,749 (+639.6%), from €33,420 to €247,169
of which Land and buildings: +€209,128
- Receivables within one year +€33,165
up €33,165 (+109.6%), from €30,250 to €63,415
- Deferred charges and accrued income +€19,165
up €19,165 (+46.9%), from €40,822 to €59,987
- Current investments +€15,000
new in 2025: €15,000
- Debts after one year +€173,013
new in 2025: €173,013
- Other debts +€81,405
up €81,405 (+221.6%), from €36,743 to €118,148
- Current portion of long-term debt +€16,701
new in 2025: €16,701
- Reserves +€16,308
up €16,308 (+30.6%), from €53,351 to €69,659
- Other operating charges +€13,865
up €13,865 (+1450.3%), from €956 to €14,821
- Financial income +€5,619
new in 2025: €5,619
of which Financial income: +€5,619
- Depreciation -€3,370
down €3,370 (-36.7%), from €9,181 to €5,811
- Financial charges +€1,610
up €1,610 (+936.0%), from €172 to €1,782
- Gross operating margin +€1,109
up €1,109 (+3.0%), from €37,544 to €38,653
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 | €110,747 | €395,664 | +€284,917 | +257.3% |
| Fixed assets | 21/28 | €33,670 | €247,419 | +€213,749 | +634.8% |
| Tangible fixed assets | 22/27 | €33,420 | €247,169 | +€213,749 | +639.6% |
| Land and buildings | 22 | - | €209,128 | +€209,128 | |
| Furniture and vehicles | 24 | €33,420 | €38,041 | +€4,621 | +13.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €77,077 | €148,245 | +€71,168 | +92.3% |
| Amounts receivable within one year | 40/41 | €30,250 | €63,415 | +€33,165 | +109.6% |
| Trade receivables | 40 | €30,250 | €63,415 | +€33,165 | +109.6% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €6,005 | €9,843 | +€3,838 | +63.9% |
| Deferred charges and accrued income | 490/1 | €40,822 | €59,987 | +€19,165 | +46.9% |
| Total equity and liabilities | 10/49 | €110,747 | €395,664 | +€284,917 | +257.3% |
| Equity | 10/15 | €55,351 | €71,659 | +€16,308 | +29.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €53,351 | €69,659 | +€16,308 | +30.6% |
| Distributable reserves | 133 | €53,351 | €69,659 | +€16,308 | +30.6% |
| Amounts payable | 17/49 | €55,396 | €324,005 | +€268,609 | +484.9% |
| Amounts payable after more than one year | 17 | - | €173,013 | +€173,013 | |
| Financial debts | 170/4 | - | €173,013 | +€173,013 | |
| Amounts payable within one year | 42/48 | €55,396 | €150,992 | +€95,596 | +172.6% |
| Current portion of amounts payable after more than one year | 42 | - | €16,701 | +€16,701 | |
| Trade debts | 44 | €1,740 | €1,476 | -€264 | -15.2% |
| Suppliers | 440/4 | €1,740 | €1,476 | -€264 | -15.2% |
| Taxes, remuneration and social security | 45 | €16,913 | €14,667 | -€2,246 | -13.3% |
| Taxes | 450/3 | €16,913 | €14,667 | -€2,246 | -13.3% |
| Other amounts payable | 47/48 | €36,743 | €118,148 | +€81,405 | +221.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,181 | €5,811 | -€3,370 | -36.7% |
| Other operating charges | 640/8 | €956 | €14,821 | +€13,865 | +1450.3% |
| Gross operating margin | 9900 | €37,544 | €38,653 | +€1,109 | +3.0% |
| Operating profit (loss) | 9901 | €27,407 | €18,021 | -€9,386 | -34.2% |
| Financial income | 75/76B | - | €5,619 | +€5,619 | |
| Recurring financial income | 75 | - | €5,619 | +€5,619 | |
| Non-recurring financial income | 76B | - | €5,619 | +€5,619 | |
| Financial charges | 65/66B | €172 | €1,782 | +€1,610 | +936.0% |
| Recurring financial charges | 65 | €172 | €1,782 | +€1,610 | +936.0% |
| Profit (loss) for the period before taxes | 9903 | €27,235 | €21,858 | -€5,377 | -19.7% |
| Income taxes | 67/77 | €6,068 | €5,550 | -€518 | -8.5% |
| Profit (loss) for the period | 9904 | €21,167 | €16,308 | -€4,859 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,167 | €16,308 | -€4,859 | -23.0% |
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 4 October 2026 via checked.be.