CRESCENDO CONSULTING: 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.
CRESCENDO CONSULTING
Largest movements
- Cash -€314,238
down €314,238 (-68.4%), from €459,140 to €144,902
mainly Other debts (-€213,917) and Current investments (-€176,122)
- Current investments +€176,122
up €176,122 (+50.6%), from €347,810 to €523,932
- Tangible fixed assets -€21,077
down €21,077 (-19.2%), from €109,842 to €88,765
- Receivables within one year +€19,655
up €19,655 (+40.2%), from €48,896 to €68,550
of which Trade receivables: +€15,884
- Other debts -€213,917
down €213,917 (-45.7%), from €468,449 to €254,532
- Accrued charges and deferred income +€45,681
up €45,681 (+250,855%), from €18 to €45,699
- Reserves +€18,366
up €18,366 (+17.5%), from €105,109 to €123,475
of which Distributable reserves: +€18,366
- Financial income +€19,964
up €19,964 (+179%), from €11,176 to €31,140
- Financial charges +€14,056
up €14,056 (+75.5%), from €18,617 to €32,673
- Depreciation +€5,734
up €5,734 (+23.7%), from €24,211 to €29,945
- Staff costs -€3,165
down €3,165 (-13.3%), from €23,851 to €20,687
- Gross operating margin +€1,420
up €1,420 (+1.9%), from €74,399 to €75,819
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,001,570 | €856,093 | -€145,477 | -14.5% |
| Fixed assets | 21/28 | €143,902 | €114,951 | -€28,951 | -20.1% |
| Intangible fixed assets | 21 | €33,795 | €25,921 | -€7,874 | -23.3% |
| Tangible fixed assets | 22/27 | €109,842 | €88,765 | -€21,077 | -19.2% |
| Land and buildings | 22 | €65,865 | €56,308 | -€9,557 | -14.5% |
| Plant, machinery and equipment | 23 | €16,740 | €19,828 | +€3,088 | +18.4% |
| Furniture and vehicles | 24 | €19,739 | €12,628 | -€7,111 | -36.0% |
| Other tangible fixed assets | 26 | €7,497 | - | -€7,497 | |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €857,668 | €741,142 | -€116,526 | -13.6% |
| Amounts receivable within one year | 40/41 | €48,896 | €68,550 | +€19,655 | +40.2% |
| Trade receivables | 40 | €44,070 | €59,954 | +€15,884 | +36.0% |
| Other amounts receivable | 41 | €4,826 | €8,596 | +€3,770 | +78.1% |
| Current investments | 50/53 | €347,810 | €523,932 | +€176,122 | +50.6% |
| Cash at bank and in hand | 54/58 | €459,140 | €144,902 | -€314,238 | -68.4% |
| Deferred charges and accrued income | 490/1 | €1,822 | €3,758 | +€1,936 | +106% |
| Total equity and liabilities | 10/49 | €1,001,570 | €856,093 | -€145,477 | -14.5% |
| Equity | 10/15 | €510,546 | €528,912 | +€18,366 | +3.6% |
| Contributions | 10/11 | €315,592 | €315,592 | = | 0.0% |
| Reserves | 13 | €105,109 | €123,475 | +€18,366 | +17.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €103,250 | €121,616 | +€18,366 | +17.8% |
| Profit (loss) carried forward | 14 | €89,845 | €89,845 | = | 0.0% |
| Amounts payable | 17/49 | €491,024 | €327,181 | -€163,843 | -33.4% |
| Amounts payable within one year | 42/48 | €491,006 | €281,482 | -€209,524 | -42.7% |
| Trade debts | 44 | €13,186 | €9,746 | -€3,440 | -26.1% |
| Suppliers | 440/4 | €13,186 | €9,746 | -€3,440 | -26.1% |
| Taxes, remuneration and social security | 45 | €9,371 | €17,204 | +€7,834 | +83.6% |
| Taxes | 450/3 | €6,209 | €10,736 | +€4,527 | +72.9% |
| Remuneration and social security | 454/9 | €3,162 | €6,469 | +€3,307 | +105% |
| Other amounts payable | 47/48 | €468,449 | €254,532 | -€213,917 | -45.7% |
| Accrued charges and deferred income | 492/3 | €18 | €45,699 | +€45,681 | +250,855% |
| Remuneration, social security and pensions | 62 | €23,851 | €20,687 | -€3,165 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,211 | €29,945 | +€5,734 | +23.7% |
| Other operating charges | 640/8 | €384 | €1,340 | +€955 | +248% |
| Gross operating margin | 9900 | €74,399 | €75,819 | +€1,420 | +1.9% |
| Operating profit (loss) | 9901 | €25,952 | €23,848 | -€2,105 | -8.1% |
| Financial income | 75/76B | €11,176 | €31,140 | +€19,964 | +179% |
| Recurring financial income | 75 | €11,176 | €31,140 | +€19,964 | +179% |
| Financial charges | 65/66B | €18,617 | €32,673 | +€14,056 | +75.5% |
| Recurring financial charges | 65 | €18,617 | €32,673 | +€14,056 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | €18,511 | €22,315 | +€3,804 | +20.6% |
| Income taxes | 67/77 | €4,700 | €3,949 | -€751 | -16.0% |
| Profit (loss) for the period | 9904 | €13,811 | €18,366 | +€4,555 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,811 | €18,366 | +€4,555 | +33.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.