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Crest Executive Search: 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.

What changed

Crest Executive Search

BE 0786.734.336
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,294
2024 · €245-€2,539
Equity
-€13,009
2024 · -€10,715-€2,294
Cash
-
2024 · €63-€63
Balance sheet total
-
2024 · €453-€453

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€390

    no longer reported in 2025 (was €390)

  • Cash -€63

    no longer reported in 2025 (was €63)

    mainly Net result for the year (-€2,294)

Equity and liabilities
  • Profit (loss) carried forward -€2,294

    down €2,294 (-17.4%), from -€13,215 to -€15,509

  • Other debts +€1,807

    up €1,807 (+16.3%), from €11,104 to €12,911

  • Trade debts +€21

    up €21 (+32.7%), from €64 to €84

  • Short-term financial debts +€13

    new in 2025: €13

Income statement
  • Gross operating margin -€2,522

    down €2,522, from €845 to -€1,678

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €245
Gross operating margin -€2,522
Other operating charges -€14
Financial charges -€2
Result 2025 -€2,294
lowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€77
Investment €0
Financing +€13
Cash 2024 €63
Net result for the year -€2,294
Receivables within one year +€390
Trade debts +€21
Other debts +€1,807
Short-term financial debts +€13
Cash 2025 €0
brings cash intakes cash out
Every line side by side 24 lines
Line Code 2024 2025 Change %
Total assets 20/58 €453 - -€453
Current assets 29/58 €453 - -€453
Amounts receivable within one year 40/41 €390 - -€390
Other amounts receivable 41 €390 - -€390
Cash at bank and in hand 54/58 €63 - -€63
Total equity and liabilities 10/49 €453 - -€453
Equity 10/15 -€10,715 -€13,009 -€2,294 -21.4%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€13,215 -€15,509 -€2,294 -17.4%
Amounts payable 17/49 €11,168 €13,009 +€1,841 +16.5%
Amounts payable within one year 42/48 €11,168 €13,009 +€1,841 +16.5%
Financial debts 43 - €13 +€13
Credit institutions 430/8 - €13 +€13
Trade debts 44 €64 €84 +€21 +32.7%
Suppliers 440/4 €64 €84 +€21 +32.7%
Other amounts payable 47/48 €11,104 €12,911 +€1,807 +16.3%
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 €845 -€1,678 -€2,522
Operating profit (loss) 9901 €339 -€2,197 -€2,537
Financial charges 65/66B €94 €96 +€2 +2.1%
Recurring financial charges 65 €94 €96 +€2 +2.1%
Profit (loss) for the period before taxes 9903 €245 -€2,294 -€2,539
Profit (loss) for the period 9904 €245 -€2,294 -€2,539
Profit (loss) for the period to be appropriated 9905 €245 -€2,294 -€2,539

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 1 November 2026 via checked.be.