Crescat Scientia: 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.
Crescat Scientia
Largest movements
- Cash -€24,561
down €24,561 (-23.6%), from €104,225 to €79,664
mainly Contributions, distributions and other (-€61,824) and Tax, wage and social debts (-€25,805)
- Tangible fixed assets +€10,160
up €10,160 (+112.2%), from €9,057 to €19,217
of which Other tangible fixed assets: +€12,032
- Receivables within one year +€7,748
up €7,748 (+1071.9%), from €723 to €8,471
- Tax, wage and social debts -€25,805
down €25,805 (-60.8%), from €42,420 to €16,615
- Reserves +€17,723
up €17,723 (+28.7%), from €61,824 to €79,547
- Other debts +€2,480
up €2,480 (+470.9%), from €527 to €3,007
- Gross operating margin +€46,341
up €46,341 (+57.4%), from €80,690 to €127,032
- Other operating charges +€23,487
new in 2025: €23,487
- Taxes +€4,514
up €4,514 (+27.4%), from €16,470 to €20,985
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 | €114,170 | €108,428 | -€5,741 | -5.0% |
| Fixed assets | 21/28 | €9,057 | €19,217 | +€10,160 | +112.2% |
| Tangible fixed assets | 22/27 | €9,057 | €19,217 | +€10,160 | +112.2% |
| Plant, machinery and equipment | 23 | €246 | €131 | -€116 | -47.0% |
| Furniture and vehicles | 24 | €8,811 | €7,054 | -€1,757 | -19.9% |
| Other tangible fixed assets | 26 | - | €12,032 | +€12,032 | |
| Current assets | 29/58 | €105,113 | €89,212 | -€15,901 | -15.1% |
| Amounts receivable within one year | 40/41 | €723 | €8,471 | +€7,748 | +1071.9% |
| Trade receivables | 40 | €723 | €8,471 | +€7,748 | +1071.9% |
| Cash at bank and in hand | 54/58 | €104,225 | €79,664 | -€24,561 | -23.6% |
| Deferred charges and accrued income | 490/1 | €165 | €1,077 | +€912 | +552.2% |
| Total equity and liabilities | 10/49 | €114,170 | €108,428 | -€5,741 | -5.0% |
| Equity | 10/15 | €63,324 | €81,047 | +€17,723 | +28.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €61,824 | €79,547 | +€17,723 | +28.7% |
| Distributable reserves | 133 | €61,824 | €79,547 | +€17,723 | +28.7% |
| Amounts payable | 17/49 | €50,846 | €27,381 | -€23,465 | -46.1% |
| Amounts payable within one year | 42/48 | €50,846 | €27,381 | -€23,465 | -46.1% |
| Trade debts | 44 | €7,900 | €7,760 | -€140 | -1.8% |
| Suppliers | 440/4 | €7,900 | €7,760 | -€140 | -1.8% |
| Taxes, remuneration and social security | 45 | €42,420 | €16,615 | -€25,805 | -60.8% |
| Taxes | 450/3 | €42,420 | €16,615 | -€25,805 | -60.8% |
| Other amounts payable | 47/48 | €527 | €3,007 | +€2,480 | +470.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,192 | €2,719 | +€527 | +24.0% |
| Other operating charges | 640/8 | - | €23,487 | +€23,487 | |
| Gross operating margin | 9900 | €80,690 | €127,032 | +€46,341 | +57.4% |
| Operating profit (loss) | 9901 | €78,498 | €100,826 | +€22,328 | +28.4% |
| Financial income | 75/76B | €0 | €3 | +€3 | +4800.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +4800.0% |
| Financial charges | 65/66B | €204 | €297 | +€94 | +45.9% |
| Recurring financial charges | 65 | €204 | €297 | +€94 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €78,294 | €100,532 | +€22,237 | +28.4% |
| Income taxes | 67/77 | €16,470 | €20,985 | +€4,514 | +27.4% |
| Profit (loss) for the period | 9904 | €61,824 | €79,547 | +€17,723 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,824 | €79,547 | +€17,723 | +28.7% |
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 10 October 2026 via checked.be.