CRESTANI: 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.
CRESTANI
Largest movements
- Tangible fixed assets -€38,133
down €38,133 (-8.9%), from €427,166 to €389,033
of which Other tangible fixed assets: -€39,001
- Cash -€27,114
down €27,114 (-47.8%), from €56,716 to €29,602
mainly Net result for the year (-€41,107) and Debts after one year (-€31,705)
- Stocks and contracts +€18,319
up €18,319 (+3.3%), from €550,613 to €568,932
- Reserves -€41,107
down €41,107 (-20.9%), from €196,767 to €155,659
- Debts after one year -€31,705
down €31,705 (-6.5%), from €487,440 to €455,735
of which Financial debts: -€23,705
- Trade debts +€24,447
up €24,447 (+24.4%), from €100,350 to €124,796
- Gross operating margin -€83,458
down €83,458 (-31.0%), from €269,020 to €185,562
- Write-downs -€23,389
no longer reported in 2025 (was €23,389)
- Staff costs -€13,562
down €13,562 (-9.0%), from €150,684 to €137,123
- Financial charges +€8,144
up €8,144 (+58.6%), from €13,897 to €22,041
of which Financial charges: +€7,335
- Depreciation +€6,005
up €6,005 (+9.9%), from €60,706 to €66,712
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 | €1,045,679 | €1,006,864 | -€38,815 | -3.7% |
| Fixed assets | 21/28 | €428,627 | €390,436 | -€38,191 | -8.9% |
| Intangible fixed assets | 21 | €150 | €93 | -€58 | -38.5% |
| Tangible fixed assets | 22/27 | €427,166 | €389,033 | -€38,133 | -8.9% |
| Plant, machinery and equipment | 23 | €1,303 | €2,171 | +€868 | +66.6% |
| Other tangible fixed assets | 26 | €425,863 | €386,863 | -€39,001 | -9.2% |
| Financial fixed assets | 28 | €1,310 | €1,310 | = | 0.0% |
| Current assets | 29/58 | €617,052 | €616,428 | -€624 | -0.1% |
| Stocks and contracts in progress | 3 | €550,613 | €568,932 | +€18,319 | +3.3% |
| Stocks | 30/36 | €550,613 | €568,932 | +€18,319 | +3.3% |
| Amounts receivable within one year | 40/41 | €5,608 | €12,411 | +€6,802 | +121.3% |
| Trade receivables | 40 | €4,469 | €10,927 | +€6,458 | +144.5% |
| Other amounts receivable | 41 | €1,139 | €1,484 | +€344 | +30.2% |
| Cash at bank and in hand | 54/58 | €56,716 | €29,602 | -€27,114 | -47.8% |
| Deferred charges and accrued income | 490/1 | €4,115 | €5,484 | +€1,369 | +33.3% |
| Total equity and liabilities | 10/49 | €1,045,679 | €1,006,864 | -€38,815 | -3.7% |
| Equity | 10/15 | €221,767 | €180,659 | -€41,107 | -18.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €196,767 | €155,659 | -€41,107 | -20.9% |
| Distributable reserves | 133 | €196,767 | €155,659 | -€41,107 | -20.9% |
| Amounts payable | 17/49 | €823,912 | €826,205 | +€2,292 | +0.3% |
| Amounts payable after more than one year | 17 | €487,440 | €455,735 | -€31,705 | -6.5% |
| Financial debts | 170/4 | €163,190 | €139,485 | -€23,705 | -14.5% |
| Other amounts payable | 178/9 | €324,250 | €316,250 | -€8,000 | -2.5% |
| Amounts payable within one year | 42/48 | €336,472 | €370,470 | +€33,997 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €29,217 | €33,444 | +€4,227 | +14.5% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €100,350 | €124,796 | +€24,447 | +24.4% |
| Suppliers | 440/4 | €100,350 | €124,796 | +€24,447 | +24.4% |
| Taxes, remuneration and social security | 45 | €65,627 | €67,643 | +€2,015 | +3.1% |
| Taxes | 450/3 | €36,537 | €40,114 | +€3,578 | +9.8% |
| Remuneration and social security | 454/9 | €29,091 | €27,528 | -€1,562 | -5.4% |
| Other amounts payable | 47/48 | €41,279 | €44,587 | +€3,308 | +8.0% |
| Remuneration, social security and pensions | 62 | €150,684 | €137,123 | -€13,562 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,706 | €66,712 | +€6,005 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,389 | - | -€23,389 | |
| Other operating charges | 640/8 | €7,111 | €1,266 | -€5,845 | -82.2% |
| Gross operating margin | 9900 | €269,020 | €185,562 | -€83,458 | -31.0% |
| Operating profit (loss) | 9901 | €27,129 | -€19,539 | -€46,668 | |
| Financial income | 75/76B | €878 | €823 | -€55 | -6.2% |
| Recurring financial income | 75 | €878 | €823 | -€55 | -6.2% |
| Financial charges | 65/66B | €13,897 | €22,041 | +€8,144 | +58.6% |
| Recurring financial charges | 65 | €13,698 | €21,033 | +€7,335 | +53.6% |
| Non-recurring financial charges | 66B | €199 | €1,008 | +€809 | +406.8% |
| Profit (loss) for the period before taxes | 9903 | €14,111 | -€40,757 | -€54,867 | |
| Income taxes | 67/77 | €191 | €351 | +€160 | +83.7% |
| Profit (loss) for the period | 9904 | €13,920 | -€41,107 | -€55,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,920 | -€41,107 | -€55,027 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.