CRESOL: 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.
CRESOL
Largest movements
- Cash +€34,530
up €34,530 (+31.1%), from €111,151 to €145,681
mainly Net result for the year (+€39,194) and Depreciation (+€8,841)
- Tangible fixed assets -€7,237
down €7,237 (-29.9%), from €24,212 to €16,974
of which Plant, machinery and equipment: -€5,112
- Deferred charges and accrued income -€5,393
down €5,393 (-68.0%), from €7,935 to €2,542
- Profit (loss) carried forward +€39,194
up €39,194 (+17.2%), from €227,591 to €266,785
- Other debts -€9,793
no longer reported in 2025 (was €9,793)
- Trade debts -€4,860
down €4,860 (-94.4%), from €5,148 to €288
- Tax, wage and social debts -€4,083
down €4,083 (-31.0%), from €13,173 to €9,090
- Gross operating margin -€36,590
down €36,590 (-40.1%), from €91,353 to €54,764
- Taxes -€6,276
down €6,276 (-37.4%), from €16,786 to €10,510
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 | €326,866 | €347,324 | +€20,458 | +6.3% |
| Fixed assets | 21/28 | €24,212 | €16,974 | -€7,237 | -29.9% |
| Tangible fixed assets | 22/27 | €24,212 | €16,974 | -€7,237 | -29.9% |
| Plant, machinery and equipment | 23 | €17,152 | €12,040 | -€5,112 | -29.8% |
| Furniture and vehicles | 24 | €7,059 | €4,934 | -€2,126 | -30.1% |
| Current assets | 29/58 | €302,655 | €330,350 | +€27,696 | +9.2% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,569 | €77,127 | -€1,442 | -1.8% |
| Trade receivables | 40 | €29,316 | €16,771 | -€12,545 | -42.8% |
| Other amounts receivable | 41 | €49,253 | €60,357 | +€11,103 | +22.5% |
| Cash at bank and in hand | 54/58 | €111,151 | €145,681 | +€34,530 | +31.1% |
| Deferred charges and accrued income | 490/1 | €7,935 | €2,542 | -€5,393 | -68.0% |
| Total equity and liabilities | 10/49 | €326,866 | €347,324 | +€20,458 | +6.3% |
| Equity | 10/15 | €298,753 | €337,947 | +€39,194 | +13.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,162 | €51,162 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,862 | €18,862 | = | 0.0% |
| Distributable reserves | 133 | €32,300 | €32,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,591 | €266,785 | +€39,194 | +17.2% |
| Amounts payable | 17/49 | €28,114 | €9,378 | -€18,736 | -66.6% |
| Amounts payable within one year | 42/48 | €28,114 | €9,378 | -€18,736 | -66.6% |
| Trade debts | 44 | €5,148 | €288 | -€4,860 | -94.4% |
| Suppliers | 440/4 | €5,148 | €288 | -€4,860 | -94.4% |
| Taxes, remuneration and social security | 45 | €13,173 | €9,090 | -€4,083 | -31.0% |
| Taxes | 450/3 | €13,173 | €9,090 | -€4,083 | -31.0% |
| Other amounts payable | 47/48 | €9,793 | - | -€9,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,760 | €8,841 | +€82 | +0.9% |
| Other operating charges | 640/8 | €844 | €1,047 | +€203 | +24.1% |
| Non-recurring operating charges | 66A | €7,535 | - | -€7,535 | |
| Gross operating margin | 9900 | €91,353 | €54,764 | -€36,590 | -40.1% |
| Operating profit (loss) | 9901 | €74,214 | €44,875 | -€29,339 | -39.5% |
| Financial income | 75/76B | €5,104 | €5,283 | +€178 | +3.5% |
| Recurring financial income | 75 | €5,104 | €5,283 | +€178 | +3.5% |
| Financial charges | 65/66B | €497 | €453 | -€44 | -8.8% |
| Recurring financial charges | 65 | €497 | €453 | -€44 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €78,821 | €49,704 | -€29,117 | -36.9% |
| Income taxes | 67/77 | €16,786 | €10,510 | -€6,276 | -37.4% |
| Profit (loss) for the period | 9904 | €62,036 | €39,194 | -€22,842 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,036 | €39,194 | -€22,842 | -36.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.