CRESCERE: 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.
CRESCERE
Largest movements
- Tangible fixed assets -€15,058
down €15,058 (-66.1%), from €22,772 to €7,714
of which Furniture and vehicles: -€14,579
- Deferred charges and accrued income +€4,170
up €4,170 (+441.5%), from €945 to €5,115
- Stocks and contracts +€2,610
up €2,610 (+3.1%), from €83,940 to €86,550
- Cash +€1,301
up €1,301 (+45.1%), from €2,882 to €4,183
mainly Depreciation (+€14,030) and Net result for the year (+€5,691)
- Other debts -€14,439
down €14,439 (-22.0%), from €65,564 to €51,125
- Profit (loss) carried forward +€5,691
up €5,691 (+3.3%), from -€170,526 to -€164,835
- Tax, wage and social debts +€2,759
up €2,759 (+58.3%), from €4,735 to €7,494
of which Taxes: +€7,259
- Gross operating margin -€147,305
down €147,305 (-87.0%), from €169,349 to €22,044
- Depreciation -€3,012
down €3,012 (-17.7%), from €17,042 to €14,030
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 | €117,817 | €111,129 | -€6,687 | -5.7% |
| Fixed assets | 21/28 | €22,772 | €7,714 | -€15,058 | -66.1% |
| Tangible fixed assets | 22/27 | €22,772 | €7,714 | -€15,058 | -66.1% |
| Plant, machinery and equipment | 23 | €1,352 | €873 | -€479 | -35.4% |
| Furniture and vehicles | 24 | €21,420 | €6,841 | -€14,579 | -68.1% |
| Current assets | 29/58 | €95,045 | €103,415 | +€8,371 | +8.8% |
| Stocks and contracts in progress | 3 | €83,940 | €86,550 | +€2,610 | +3.1% |
| Stocks | 30/36 | €83,940 | €86,550 | +€2,610 | +3.1% |
| Amounts receivable within one year | 40/41 | €7,278 | €7,568 | +€290 | +4.0% |
| Trade receivables | 40 | €7,278 | €7,509 | +€231 | +3.2% |
| Other amounts receivable | 41 | - | €59 | +€59 | |
| Cash at bank and in hand | 54/58 | €2,882 | €4,183 | +€1,301 | +45.1% |
| Deferred charges and accrued income | 490/1 | €945 | €5,115 | +€4,170 | +441.5% |
| Total equity and liabilities | 10/49 | €117,817 | €111,129 | -€6,687 | -5.7% |
| Equity | 10/15 | €31,334 | €37,025 | +€5,691 | +18.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,526 | -€164,835 | +€5,691 | +3.3% |
| Amounts payable | 17/49 | €86,483 | €74,104 | -€12,378 | -14.3% |
| Amounts payable within one year | 42/48 | €77,774 | €65,396 | -€12,378 | -15.9% |
| Trade debts | 44 | €7,475 | €6,776 | -€699 | -9.3% |
| Suppliers | 440/4 | €7,475 | €6,776 | -€699 | -9.3% |
| Taxes, remuneration and social security | 45 | €4,735 | €7,494 | +€2,759 | +58.3% |
| Taxes | 450/3 | €235 | €7,494 | +€7,259 | +3086.4% |
| Remuneration and social security | 454/9 | €4,500 | €0 | -€4,500 | -100.0% |
| Other amounts payable | 47/48 | €65,564 | €51,125 | -€14,439 | -22.0% |
| Accrued charges and deferred income | 492/3 | €8,709 | €8,709 | = | 0.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,042 | €14,030 | -€3,012 | -17.7% |
| Other operating charges | 640/8 | €1,245 | €1,247 | +€2 | +0.2% |
| Non-recurring operating charges | 66A | - | €1,028 | +€1,028 | |
| Gross operating margin | 9900 | €169,349 | €22,044 | -€147,305 | -87.0% |
| Operating profit (loss) | 9901 | €151,063 | €5,739 | -€145,324 | -96.2% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €151,012 | €5,691 | -€145,321 | -96.2% |
| Profit (loss) for the period | 9904 | €151,012 | €5,691 | -€145,321 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €151,012 | €5,691 | -€145,321 | -96.2% |
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 5 October 2026 via checked.be.