CRESTA: what changed
CRESTA
Largest movements
- Receivables within one year +€333,900
up €333,900 (+53.7%), from €622,065 to €955,964
of which Trade receivables: +€305,719
- Cash -€90,542
down €90,542 (-43.6%), from €207,659 to €117,117
mainly Receivables within one year (-€333,900) and Debts after one year (-€7,829)
- Intangible fixed assets -€19,239
down €19,239 (-54.8%), from €35,122 to €15,883
- Tangible fixed assets -€12,134
down €12,134 (-19.4%), from €62,496 to €50,362
of which Other tangible fixed assets: -€12,248
- Trade debts +€214,633
up €214,633 (+24.8%), from €866,422 to €1.1m
- Financial income +€4,190
up €4,190 (+14,040%), from €30 to €4,219
- Taxes +€3,873
up €3,873 (+77.0%), from €5,030 to €8,903
- Gross operating margin -€3,066
down €3,066 (-6.7%), from €45,720 to €42,654
- Depreciation +€2,075
up €2,075 (+5.8%), from €35,793 to €37,868
- Other operating charges -€818
down €818 (-67.9%), from €1,205 to €387
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €934,637 | €1,144,146 | +€209,509 | +22.4% |
| Fixed assets | 21/28 | €97,618 | €66,246 | -€31,373 | -32.1% |
| Intangible fixed assets | 21 | €35,122 | €15,883 | -€19,239 | -54.8% |
| Tangible fixed assets | 22/27 | €62,496 | €50,362 | -€12,134 | -19.4% |
| Furniture and vehicles | 24 | €3,027 | €3,142 | +€115 | +3.8% |
| Other tangible fixed assets | 26 | €59,469 | €47,220 | -€12,248 | -20.6% |
| Current assets | 29/58 | €837,019 | €1,077,900 | +€240,881 | +28.8% |
| Amounts receivable within one year | 40/41 | €622,065 | €955,964 | +€333,900 | +53.7% |
| Trade receivables | 40 | €617,390 | €923,109 | +€305,719 | +49.5% |
| Other amounts receivable | 41 | €4,674 | €32,855 | +€28,181 | +603% |
| Cash at bank and in hand | 54/58 | €207,659 | €117,117 | -€90,542 | -43.6% |
| Deferred charges and accrued income | 490/1 | €7,296 | €4,819 | -€2,476 | -33.9% |
| Total equity and liabilities | 10/49 | €934,637 | €1,144,146 | +€209,509 | +22.4% |
| Equity | 10/15 | €31,626 | €28,887 | -€2,739 | -8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,571 | €20,832 | -€2,739 | -11.6% |
| Amounts payable | 17/49 | €903,011 | €1,115,259 | +€212,248 | +23.5% |
| Amounts payable after more than one year | 17 | €24,608 | €16,779 | -€7,829 | -31.8% |
| Financial debts | 170/4 | €24,608 | €16,779 | -€7,829 | -31.8% |
| Amounts payable within one year | 42/48 | €878,403 | €1,098,480 | +€220,077 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €7,687 | €7,829 | +€142 | +1.9% |
| Financial debts | 43 | €1,565 | €4,763 | +€3,198 | +204% |
| Other loans | 439 | €1,565 | €4,763 | +€3,198 | +204% |
| Trade debts | 44 | €866,422 | €1,081,055 | +€214,633 | +24.8% |
| Suppliers | 440/4 | €866,422 | €1,081,055 | +€214,633 | +24.8% |
| Taxes, remuneration and social security | 45 | €2,730 | €4,834 | +€2,104 | +77.1% |
| Taxes | 450/3 | €2,730 | €4,834 | +€2,104 | +77.1% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,793 | €37,868 | +€2,075 | +5.8% |
| Other operating charges | 640/8 | €1,205 | €387 | -€818 | -67.9% |
| Gross operating margin | 9900 | €45,720 | €42,654 | -€3,066 | -6.7% |
| Operating profit (loss) | 9901 | €8,722 | €4,398 | -€4,323 | -49.6% |
| Financial income | 75/76B | €30 | €4,219 | +€4,190 | +14,040% |
| Recurring financial income | 75 | €30 | €4,219 | +€4,190 | +14,040% |
| Financial charges | 65/66B | €3,118 | €2,455 | -€663 | -21.3% |
| Recurring financial charges | 65 | €3,118 | €2,455 | -€663 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €5,634 | €6,163 | +€530 | +9.4% |
| Income taxes | 67/77 | €5,030 | €8,903 | +€3,873 | +77.0% |
| Profit (loss) for the period | 9904 | €604 | -€2,739 | -€3,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €604 | -€2,739 | -€3,343 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.