Crescite: 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.
Crescite
Largest movements
- Current investments +€121,471
up €121,471 (+76.6%), from €158,678 to €280,149
- Receivables within one year +€7,748
up €7,748 (+50.2%), from €15,446 to €23,194
- Profit (loss) carried forward +€119,437
up €119,437 (+67.2%), from €177,735 to €297,172
- Accrued charges and deferred income +€5,347
up €5,347 (+424.3%), from €1,260 to €6,607
- Gross operating margin +€25,764
up €25,764 (+18.9%), from €136,393 to €162,157
- Taxes +€6,205
up €6,205 (+17.0%), from €36,419 to €42,624
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 | €191,040 | €317,660 | +€126,620 | +66.3% |
| Fixed assets | 21/28 | €1,181 | €674 | -€507 | -42.9% |
| Tangible fixed assets | 22/27 | €1,181 | €674 | -€507 | -42.9% |
| Furniture and vehicles | 24 | €1,181 | €674 | -€507 | -42.9% |
| Current assets | 29/58 | €189,859 | €316,986 | +€127,127 | +67.0% |
| Amounts receivable within one year | 40/41 | €15,446 | €23,194 | +€7,748 | +50.2% |
| Trade receivables | 40 | €15,446 | €23,194 | +€7,748 | +50.2% |
| Current investments | 50/53 | €158,678 | €280,149 | +€121,471 | +76.6% |
| Cash at bank and in hand | 54/58 | €15,735 | €13,643 | -€2,092 | -13.3% |
| Total equity and liabilities | 10/49 | €191,040 | €317,660 | +€126,620 | +66.3% |
| Equity | 10/15 | €182,735 | €302,172 | +€119,437 | +65.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,735 | €297,172 | +€119,437 | +67.2% |
| Amounts payable | 17/49 | €8,304 | €15,488 | +€7,184 | +86.5% |
| Amounts payable within one year | 42/48 | €7,044 | €8,881 | +€1,837 | +26.1% |
| Trade debts | 44 | €362 | €545 | +€183 | +50.5% |
| Suppliers | 440/4 | €362 | €545 | +€183 | +50.5% |
| Taxes, remuneration and social security | 45 | €5,432 | €7,004 | +€1,572 | +28.9% |
| Taxes | 450/3 | €5,432 | €7,004 | +€1,572 | +28.9% |
| Other amounts payable | 47/48 | €1,250 | €1,332 | +€82 | +6.6% |
| Accrued charges and deferred income | 492/3 | €1,260 | €6,607 | +€5,347 | +424.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €311 | €507 | +€196 | +63.0% |
| Other operating charges | 640/8 | €216 | €227 | +€11 | +5.2% |
| Gross operating margin | 9900 | €136,393 | €162,157 | +€25,764 | +18.9% |
| Operating profit (loss) | 9901 | €135,867 | €161,423 | +€25,557 | +18.8% |
| Financial income | 75/76B | €1,586 | €2,562 | +€976 | +61.6% |
| Recurring financial income | 75 | €1,586 | €2,562 | +€976 | +61.6% |
| Financial charges | 65/66B | €1,034 | €1,924 | +€890 | +86.1% |
| Recurring financial charges | 65 | €1,034 | €1,924 | +€890 | +86.1% |
| Profit (loss) for the period before taxes | 9903 | €136,418 | €162,061 | +€25,643 | +18.8% |
| Income taxes | 67/77 | €36,419 | €42,624 | +€6,205 | +17.0% |
| Profit (loss) for the period | 9904 | €99,999 | €119,437 | +€19,438 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €99,999 | €119,437 | +€19,438 | +19.4% |
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 9 October 2026 via checked.be.