Cresco Cybersecurity: 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.
Cresco Cybersecurity
Largest movements
- Cash +€242,001
up €242,001 (+113%), from €213,948 to €455,949
mainly Net result for the year (+€446,368) and Trade debts (+€156,201)
- Receivables within one year +€140,484
up €140,484 (+40.0%), from €351,325 to €491,809
of which Trade receivables: +€133,399
- Profit (loss) carried forward +€446,368
up €446,368 (+141%), from €315,950 to €762,318
- Other debts -€181,770
down €181,770 (-100%), from €181,770 to €0
- Trade debts +€156,201
up €156,201 (+238%), from €65,591 to €221,793
- Debts after one year -€132,905
down €132,905 (-100%), from €132,905 to €0
- Tax, wage and social debts +€104,655
up €104,655 (+314%), from €33,344 to €137,999
of which Remuneration and social security: +€54,562
- Gross operating margin +€458,702
up €458,702 (+85.5%), from €536,608 to €995,309
- Staff costs +€148,455
up €148,455 (+68.0%), from €218,284 to €366,739
- Taxes +€68,362
up €68,362 (+87.2%), from €78,356 to €146,718
- Write-downs +€10,800
new in 2025: €10,800
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.
Derived cash bridge
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 | €756,764 | €1,143,049 | +€386,285 | +51.0% |
| Fixed assets | 21/28 | €170,582 | €174,198 | +€3,617 | +2.1% |
| Intangible fixed assets | 21 | €3,249 | €1,073 | -€2,176 | -67.0% |
| Tangible fixed assets | 22/27 | €167,333 | €170,926 | +€3,593 | +2.1% |
| Land and buildings | 22 | €164,005 | €157,471 | -€6,534 | -4.0% |
| Plant, machinery and equipment | 23 | €673 | €373 | -€300 | -44.6% |
| Furniture and vehicles | 24 | €2,655 | €13,082 | +€10,427 | +393% |
| Financial fixed assets | 28 | - | €2,200 | +€2,200 | |
| Current assets | 29/58 | €586,183 | €968,851 | +€382,668 | +65.3% |
| Amounts receivable within one year | 40/41 | €351,325 | €491,809 | +€140,484 | +40.0% |
| Trade receivables | 40 | €345,680 | €479,079 | +€133,399 | +38.6% |
| Other amounts receivable | 41 | €5,645 | €12,730 | +€7,085 | +126% |
| Cash at bank and in hand | 54/58 | €213,948 | €455,949 | +€242,001 | +113% |
| Deferred charges and accrued income | 490/1 | €20,910 | €21,094 | +€183 | +0.9% |
| Total equity and liabilities | 10/49 | €756,764 | €1,143,049 | +€386,285 | +51.0% |
| Equity | 10/15 | €318,950 | €765,318 | +€446,368 | +140% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €315,950 | €762,318 | +€446,368 | +141% |
| Amounts payable | 17/49 | €437,815 | €377,731 | -€60,083 | -13.7% |
| Amounts payable after more than one year | 17 | €132,905 | €0 | -€132,905 | -100% |
| Financial debts | 170/4 | €132,905 | €0 | -€132,905 | -100% |
| Amounts payable within one year | 42/48 | €304,259 | €376,731 | +€72,472 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €6,635 | €0 | -€6,635 | -100% |
| Financial debts | 43 | €16,919 | €16,939 | +€21 | +0.1% |
| Credit institutions | 430/8 | €16,919 | €16,939 | +€21 | +0.1% |
| Trade debts | 44 | €65,591 | €221,793 | +€156,201 | +238% |
| Suppliers | 440/4 | €65,591 | €221,793 | +€156,201 | +238% |
| Taxes, remuneration and social security | 45 | €33,344 | €137,999 | +€104,655 | +314% |
| Taxes | 450/3 | €1,989 | €52,082 | +€50,093 | +2,518% |
| Remuneration and social security | 454/9 | €31,355 | €85,917 | +€54,562 | +174% |
| Other amounts payable | 47/48 | €181,770 | €0 | -€181,770 | -100% |
| Accrued charges and deferred income | 492/3 | €650 | €1,000 | +€350 | +53.8% |
| Remuneration, social security and pensions | 62 | €218,284 | €366,739 | +€148,455 | +68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,259 | €14,183 | +€1,925 | +15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,800 | +€10,800 | |
| Other operating charges | 640/8 | €1,743 | €1,391 | -€352 | -20.2% |
| Gross operating margin | 9900 | €536,608 | €995,309 | +€458,702 | +85.5% |
| Operating profit (loss) | 9901 | €304,322 | €602,196 | +€297,874 | +97.9% |
| Financial income | 75/76B | €287 | €32 | -€256 | -88.9% |
| Recurring financial income | 75 | €287 | €32 | -€256 | -88.9% |
| Financial charges | 65/66B | €5,195 | €9,142 | +€3,946 | +76.0% |
| Recurring financial charges | 65 | €5,195 | €9,142 | +€3,946 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €299,414 | €593,086 | +€293,672 | +98.1% |
| Income taxes | 67/77 | €78,356 | €146,718 | +€68,362 | +87.2% |
| Profit (loss) for the period | 9904 | €221,058 | €446,368 | +€225,310 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €221,058 | €446,368 | +€225,310 | +102% |
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 14 October 2026 via checked.be.