CRESCUS: 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.
CRESCUS
Largest movements
- Tangible fixed assets -€27,823
down €27,823 (-4.6%), from €602,318 to €574,495
of which Land and buildings: -€26,911
- Debts after one year -€23,959
down €23,959 (-8.3%), from €287,838 to €263,879
- Other debts -€16,825
down €16,825 (-36.1%), from €46,552 to €29,727
- Reserves +€8,893
up €8,893 (+5.6%), from €159,611 to €168,504
- Financial income -€6,374
down €6,374 (-100.0%), from €6,374 to €0
- Financial charges -€4,957
down €4,957 (-42.8%), from €11,595 to €6,638
- Gross operating margin +€4,295
up €4,295 (+9.2%), from €46,628 to €50,923
- Taxes +€863
up €863 (+342.1%), from €252 to €1,116
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 | €609,269 | €578,795 | -€30,474 | -5.0% |
| Fixed assets | 21/28 | €602,318 | €574,495 | -€27,823 | -4.6% |
| Tangible fixed assets | 22/27 | €602,318 | €574,495 | -€27,823 | -4.6% |
| Land and buildings | 22 | €595,023 | €568,112 | -€26,911 | -4.5% |
| Furniture and vehicles | 24 | €7,295 | €6,383 | -€912 | -12.5% |
| Current assets | 29/58 | €6,951 | €4,300 | -€2,651 | -38.1% |
| Amounts receivable within one year | 40/41 | €95 | €48 | -€48 | -50.0% |
| Other amounts receivable | 41 | €95 | €48 | -€48 | -50.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,856 | €4,252 | -€2,604 | -38.0% |
| Total equity and liabilities | 10/49 | €609,269 | €578,795 | -€30,474 | -5.0% |
| Equity | 10/15 | €246,547 | €255,440 | +€8,893 | +3.6% |
| Contributions | 10/11 | €16,740 | €16,740 | = | 0.0% |
| Reserves | 13 | €159,611 | €168,504 | +€8,893 | +5.6% |
| Distributable reserves | 133 | €159,611 | €168,504 | +€8,893 | +5.6% |
| Profit (loss) carried forward | 14 | €70,196 | €70,196 | = | 0.0% |
| Amounts payable | 17/49 | €362,722 | €323,355 | -€39,367 | -10.9% |
| Amounts payable after more than one year | 17 | €287,838 | €263,879 | -€23,959 | -8.3% |
| Financial debts | 170/4 | €287,838 | €263,879 | -€23,959 | -8.3% |
| Amounts payable within one year | 42/48 | €72,409 | €54,608 | -€17,801 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €23,657 | €23,959 | +€302 | +1.3% |
| Taxes, remuneration and social security | 45 | €2,200 | €922 | -€1,278 | -58.1% |
| Taxes | 450/3 | €2,200 | €922 | -€1,278 | -58.1% |
| Other amounts payable | 47/48 | €46,552 | €29,727 | -€16,825 | -36.1% |
| Accrued charges and deferred income | 492/3 | €2,475 | €4,868 | +€2,393 | +96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,640 | €27,823 | +€183 | +0.7% |
| Other operating charges | 640/8 | €5,506 | €5,621 | +€115 | +2.1% |
| Gross operating margin | 9900 | €46,628 | €50,923 | +€4,295 | +9.2% |
| Operating profit (loss) | 9901 | €13,483 | €17,480 | +€3,997 | +29.6% |
| Financial income | 75/76B | €6,374 | €0 | -€6,374 | -100.0% |
| Recurring financial income | 75 | €6,374 | €0 | -€6,374 | -100.0% |
| Financial charges | 65/66B | €11,595 | €6,638 | -€4,957 | -42.8% |
| Recurring financial charges | 65 | €11,595 | €6,638 | -€4,957 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €8,262 | €10,841 | +€2,579 | +31.2% |
| Income taxes | 67/77 | €252 | €1,116 | +€863 | +342.1% |
| Profit (loss) for the period | 9904 | €8,010 | €9,726 | +€1,716 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,010 | €9,726 | +€1,716 | +21.4% |
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 6 October 2026 via checked.be.