Cresotest: 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.
Cresotest
Largest movements
- Current investments +€96,757
new in 2025: €96,757
- Cash -€51,047
down €51,047 (-49.1%), from €104,004 to €52,957
mainly Current investments (-€96,757) and Tax, wage and social debts (-€8,490)
- Receivables within one year -€10,273
down €10,273 (-34.6%), from €29,730 to €19,457
of which Trade receivables: -€10,405
- Tangible fixed assets -€7,790
down €7,790 (-23.2%), from €33,586 to €25,796
of which Furniture and vehicles: -€7,389
- Reserves +€35,327
up €35,327 (+28.7%), from €123,169 to €158,496
- Trade debts +€8,782
up €8,782 (+443.7%), from €1,979 to €10,761
- Tax, wage and social debts -€8,490
down €8,490 (-74.9%), from €11,331 to €2,842
- Debts after one year -€7,120
down €7,120 (-34.0%), from €20,918 to €13,798
- Gross operating margin +€12,693
up €12,693 (+26.0%), from €48,750 to €61,443
- Depreciation +€5,258
up €5,258 (+207.7%), from €2,532 to €7,790
- Taxes +€2,537
up €2,537 (+19.0%), from €13,318 to €15,854
- Financial income -€896
down €896 (-99.9%), from €897 to €1
- Financial charges +€640
up €640 (+134.8%), from €475 to €1,115
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 | €169,814 | €198,333 | +€28,520 | +16.8% |
| Fixed assets | 21/28 | €33,586 | €25,796 | -€7,790 | -23.2% |
| Tangible fixed assets | 22/27 | €33,586 | €25,796 | -€7,790 | -23.2% |
| Plant, machinery and equipment | 23 | €983 | €582 | -€400 | -40.7% |
| Furniture and vehicles | 24 | €32,603 | €25,214 | -€7,389 | -22.7% |
| Current assets | 29/58 | €136,228 | €172,537 | +€36,310 | +26.7% |
| Stocks and contracts in progress | 3 | €443 | €443 | = | 0.0% |
| Stocks | 30/36 | €443 | €443 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,730 | €19,457 | -€10,273 | -34.6% |
| Trade receivables | 40 | €29,716 | €19,312 | -€10,405 | -35.0% |
| Other amounts receivable | 41 | €14 | €146 | +€132 | +939.5% |
| Current investments | 50/53 | - | €96,757 | +€96,757 | |
| Cash at bank and in hand | 54/58 | €104,004 | €52,957 | -€51,047 | -49.1% |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,923 | +€872 | +42.5% |
| Total equity and liabilities | 10/49 | €169,814 | €198,333 | +€28,520 | +16.8% |
| Equity | 10/15 | €128,169 | €163,496 | +€35,327 | +27.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,169 | €158,496 | +€35,327 | +28.7% |
| Distributable reserves | 133 | €123,169 | €158,496 | +€35,327 | +28.7% |
| Amounts payable | 17/49 | €41,645 | €34,838 | -€6,807 | -16.3% |
| Amounts payable after more than one year | 17 | €20,918 | €13,798 | -€7,120 | -34.0% |
| Financial debts | 170/4 | €20,918 | €13,798 | -€7,120 | -34.0% |
| Amounts payable within one year | 42/48 | €20,469 | €21,040 | +€570 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €6,847 | €7,120 | +€273 | +4.0% |
| Financial debts | 43 | €27 | €2 | -€25 | -92.6% |
| Credit institutions | 430/8 | €27 | €2 | -€25 | -92.6% |
| Trade debts | 44 | €1,979 | €10,761 | +€8,782 | +443.7% |
| Suppliers | 440/4 | €1,979 | €10,761 | +€8,782 | +443.7% |
| Taxes, remuneration and social security | 45 | €11,331 | €2,842 | -€8,490 | -74.9% |
| Taxes | 450/3 | €11,331 | €2,842 | -€8,490 | -74.9% |
| Other amounts payable | 47/48 | €285 | €315 | +€30 | +10.5% |
| Accrued charges and deferred income | 492/3 | €258 | - | -€258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,532 | €7,790 | +€5,258 | +207.7% |
| Other operating charges | 640/8 | €827 | €1,358 | +€531 | +64.2% |
| Gross operating margin | 9900 | €48,750 | €61,443 | +€12,693 | +26.0% |
| Operating profit (loss) | 9901 | €45,392 | €52,296 | +€6,904 | +15.2% |
| Financial income | 75/76B | €897 | €1 | -€896 | -99.9% |
| Recurring financial income | 75 | €897 | €1 | -€896 | -99.9% |
| Financial charges | 65/66B | €475 | €1,115 | +€640 | +134.8% |
| Recurring financial charges | 65 | €475 | €1,115 | +€640 | +134.8% |
| Profit (loss) for the period before taxes | 9903 | €45,814 | €51,182 | +€5,368 | +11.7% |
| Income taxes | 67/77 | €13,318 | €15,854 | +€2,537 | +19.0% |
| Profit (loss) for the period | 9904 | €32,496 | €35,327 | +€2,831 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,496 | €35,327 | +€2,831 | +8.7% |
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.