Cresci: 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.
Cresci
Largest movements
- Receivables within one year -€27,874
down €27,874 (-25.9%), from €107,809 to €79,934
of which Trade receivables: -€45,537
- Tangible fixed assets -€17,243
down €17,243 (-29.4%), from €58,632 to €41,389
- Cash -€4,362
down €4,362 (-18.0%), from €24,177 to €19,815
mainly Contributions, distributions and other (-€107,500) and Current portion of long-term debt (-€9,742)
- Reserves -€89,000
down €89,000 (-59.3%), from €150,000 to €61,000
- Other debts +€52,727
up €52,727 (+40565.3%), from €130 to €52,857
- Current portion of long-term debt -€9,742
down €9,742 (-57.2%), from €17,031 to €7,289
- Debts after one year -€7,289
down €7,289 (-100.0%), from €7,289 to €0
- Trade debts +€5,234
up €5,234 (+66.6%), from €7,855 to €13,089
- Gross operating margin -€55,228
down €55,228 (-53.5%), from €103,180 to €47,952
- Taxes -€11,354
down €11,354 (-56.7%), from €20,033 to €8,679
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 | €199,767 | €150,288 | -€49,479 | -24.8% |
| Fixed assets | 21/28 | €58,632 | €41,389 | -€17,243 | -29.4% |
| Tangible fixed assets | 22/27 | €58,632 | €41,389 | -€17,243 | -29.4% |
| Furniture and vehicles | 24 | €58,632 | €41,389 | -€17,243 | -29.4% |
| Current assets | 29/58 | €141,136 | €108,899 | -€32,237 | -22.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €107,809 | €79,934 | -€27,874 | -25.9% |
| Trade receivables | 40 | €61,110 | €15,573 | -€45,537 | -74.5% |
| Other amounts receivable | 41 | €46,699 | €64,362 | +€17,663 | +37.8% |
| Current investments | 50/53 | €9,150 | €9,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,177 | €19,815 | -€4,362 | -18.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €199,767 | €150,288 | -€49,479 | -24.8% |
| Equity | 10/15 | €152,143 | €63,152 | -€88,991 | -58.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €150,000 | €61,000 | -€89,000 | -59.3% |
| Distributable reserves | 133 | €150,000 | €61,000 | -€89,000 | -59.3% |
| Profit (loss) carried forward | 14 | €143 | €152 | +€9 | +6.4% |
| Amounts payable | 17/49 | €47,625 | €87,136 | +€39,512 | +83.0% |
| Amounts payable after more than one year | 17 | €7,289 | €0 | -€7,289 | -100.0% |
| Financial debts | 170/4 | €7,289 | €0 | -€7,289 | -100.0% |
| Amounts payable within one year | 42/48 | €40,335 | €87,136 | +€46,801 | +116.0% |
| Current portion of amounts payable after more than one year | 42 | €17,031 | €7,289 | -€9,742 | -57.2% |
| Trade debts | 44 | €7,855 | €13,089 | +€5,234 | +66.6% |
| Suppliers | 440/4 | €7,855 | €13,089 | +€5,234 | +66.6% |
| Taxes, remuneration and social security | 45 | €15,319 | €13,902 | -€1,418 | -9.3% |
| Taxes | 450/3 | €15,319 | €11,437 | -€3,882 | -25.3% |
| Remuneration and social security | 454/9 | - | €2,465 | +€2,465 | |
| Other amounts payable | 47/48 | €130 | €52,857 | +€52,727 | +40565.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,531 | €17,243 | +€712 | +4.3% |
| Other operating charges | 640/8 | €3,285 | €2,593 | -€692 | -21.1% |
| Gross operating margin | 9900 | €103,180 | €47,952 | -€55,228 | -53.5% |
| Operating profit (loss) | 9901 | €83,364 | €28,117 | -€55,247 | -66.3% |
| Financial income | 75/76B | €1 | €0 | -€0 | -55.8% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -55.8% |
| Financial charges | 65/66B | €1,699 | €930 | -€770 | -45.3% |
| Recurring financial charges | 65 | €1,699 | €930 | -€770 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €81,666 | €27,188 | -€54,478 | -66.7% |
| Income taxes | 67/77 | €20,033 | €8,679 | -€11,354 | -56.7% |
| Profit (loss) for the period | 9904 | €61,632 | €18,509 | -€43,123 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,632 | €18,509 | -€43,123 | -70.0% |
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 12 October 2026 via checked.be.