CRESCENDI ASSURANCES: what changed
What changed
CRESCENDI ASSURANCES
filed annual accounts (NBB)
Net result for the year
€6,543
2024 · €43,983-€37,441
Equity
€153,355
2024 · €146,812+€6,543
Cash
€2,632
2024 · €2,617+€15
Balance sheet total
€192,545
2024 · €199,013-€6,468
Largest movements
Assets
- Tangible fixed assets -€13,000
down €13,000 (-20.7%), from €62,656 to €49,656
of which Furniture and vehicles: -€13,838
- Receivables within one year +€6,462
up €6,462 (+4.9%), from €132,355 to €138,817
of which Other amounts receivable: +€5,454
Equity and liabilities
- Tax, wage and social debts -€8,182
down €8,182 (-42.7%), from €19,157 to €10,975
- Debts after one year -€7,061
down €7,061 (-27.8%), from €25,415 to €18,354
- Profit (loss) carried forward +€6,543
up €6,543 (+7.7%), from €84,839 to €91,381
Income statement
- Gross operating margin -€43,844
down €43,844 (-67.5%), from €64,985 to €21,140
- Taxes -€11,764
down €11,764 (-70.9%), from €16,590 to €4,826
- Depreciation +€5,295
up €5,295 (+54.3%), from €9,756 to €15,051
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€43,983
Gross operating margin
-€43,844
Depreciation
-€5,295
Other operating charges
+€397
Financial income
-€486
Financial charges
+€24
Taxes
+€11,764
Result 2025
€6,543
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8,834
Investment
-€2,051
Financing
-€6,768
Cash 2024
€2,617
From operations (derived)
+€8,834
Net result for the year
+€6,543
Depreciation
+€15,051
Receivables within one year
-€6,462
Deferred charges and accrued income
-€56
Trade debts
+€1,939
Tax, wage and social debts
-€8,182
Investment (derived)
-€2,051
Investment in fixed assets (net)
-€2,051
Financing
-€6,768
Debts after one year
-€7,061
Current portion of long-term debt
+€293
Cash 2025
€2,632
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,013 | €192,545 | -€6,468 | -3.3% |
| Fixed assets | 21/28 | €62,656 | €49,656 | -€13,000 | -20.7% |
| Tangible fixed assets | 22/27 | €62,656 | €49,656 | -€13,000 | -20.7% |
| Land and buildings | 22 | €6,120 | €7,284 | +€1,163 | +19.0% |
| Plant, machinery and equipment | 23 | €1,921 | €1,596 | -€325 | -16.9% |
| Furniture and vehicles | 24 | €54,615 | €40,776 | -€13,838 | -25.3% |
| Current assets | 29/58 | €136,357 | €142,889 | +€6,532 | +4.8% |
| Amounts receivable within one year | 40/41 | €132,355 | €138,817 | +€6,462 | +4.9% |
| Trade receivables | 40 | €4,753 | €5,760 | +€1,007 | +21.2% |
| Other amounts receivable | 41 | €127,602 | €133,057 | +€5,454 | +4.3% |
| Cash at bank and in hand | 54/58 | €2,617 | €2,632 | +€15 | +0.6% |
| Deferred charges and accrued income | 490/1 | €1,384 | €1,440 | +€56 | +4.0% |
| Total equity and liabilities | 10/49 | €199,013 | €192,545 | -€6,468 | -3.3% |
| Equity | 10/15 | €146,812 | €153,355 | +€6,543 | +4.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,839 | €91,381 | +€6,543 | +7.7% |
| Amounts payable | 17/49 | €52,201 | €39,190 | -€13,011 | -24.9% |
| Amounts payable after more than one year | 17 | €25,415 | €18,354 | -€7,061 | -27.8% |
| Financial debts | 170/4 | €25,415 | €18,354 | -€7,061 | -27.8% |
| Amounts payable within one year | 42/48 | €26,786 | €20,836 | -€5,950 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €6,768 | €7,061 | +€293 | +4.3% |
| Trade debts | 44 | €861 | €2,800 | +€1,939 | +225% |
| Suppliers | 440/4 | €861 | €2,800 | +€1,939 | +225% |
| Taxes, remuneration and social security | 45 | €19,157 | €10,975 | -€8,182 | -42.7% |
| Taxes | 450/3 | €19,157 | €10,975 | -€8,182 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,756 | €15,051 | +€5,295 | +54.3% |
| Other operating charges | 640/8 | €805 | €408 | -€397 | -49.3% |
| Gross operating margin | 9900 | €64,985 | €21,140 | -€43,844 | -67.5% |
| Operating profit (loss) | 9901 | €54,424 | €5,681 | -€48,742 | -89.6% |
| Financial income | 75/76B | €7,506 | €7,020 | -€486 | -6.5% |
| Recurring financial income | 75 | €7,506 | €7,020 | -€486 | -6.5% |
| Financial charges | 65/66B | €1,357 | €1,332 | -€24 | -1.8% |
| Recurring financial charges | 65 | €1,357 | €1,332 | -€24 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €60,573 | €11,369 | -€49,204 | -81.2% |
| Income taxes | 67/77 | €16,590 | €4,826 | -€11,764 | -70.9% |
| Profit (loss) for the period | 9904 | €43,983 | €6,543 | -€37,441 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,983 | €6,543 | -€37,441 | -85.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.