CRESTTEL: 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.
CRESTTEL
Largest movements
- Tangible fixed assets +€6,622
new in 2024: €6,622
- Receivables within one year -€6,313
down €6,313 (-11.5%), from €54,903 to €48,589
of which Trade receivables: -€7,666
- Cash -€4,893
down €4,893 (-27.4%), from €17,866 to €12,973
mainly Tax, wage and social debts (-€28,647) and Trade debts (-€24,269)
- Other debts +€29,815
up €29,815 (+45.2%), from €65,976 to €95,791
- Tax, wage and social debts -€28,647
no longer reported in 2024 (was €28,647)
of which Remuneration and social security: -€14,409
- Trade debts -€24,269
down €24,269 (-96.7%), from €25,096 to €827
- Profit (loss) carried forward +€13,016
up €13,016 (+25.1%), from -€51,950 to -€38,934
- Advances received +€5,500
new in 2024: €5,500
- Purchases and services -€20,104
down €20,104 (-74.2%), from €27,109 to €7,005
- Gross operating margin +€17,084
up €17,084 (+1875.5%), from €911 to €17,995
- Staff costs -€5,437
down €5,437 (-93.2%), from €5,832 to €394
- Other operating charges +€3,803
up €3,803 (+956.6%), from €398 to €4,200
- Depreciation +€365
new in 2024: €365
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,769 | €68,184 | -€4,585 | -6.3% |
| Fixed assets | 21/28 | - | €6,622 | +€6,622 | |
| Tangible fixed assets | 22/27 | - | €6,622 | +€6,622 | |
| Furniture and vehicles | 24 | - | €6,622 | +€6,622 | |
| Current assets | 29/58 | €72,769 | €61,562 | -€11,207 | -15.4% |
| Amounts receivable within one year | 40/41 | €54,903 | €48,589 | -€6,313 | -11.5% |
| Trade receivables | 40 | €54,903 | €47,237 | -€7,666 | -14.0% |
| Other amounts receivable | 41 | - | €1,352 | +€1,352 | |
| Cash at bank and in hand | 54/58 | €17,866 | €12,973 | -€4,893 | -27.4% |
| Total equity and liabilities | 10/49 | €72,769 | €68,184 | -€4,585 | -6.3% |
| Equity | 10/15 | -€46,950 | -€33,934 | +€13,016 | +27.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,950 | -€38,934 | +€13,016 | +25.1% |
| Amounts payable | 17/49 | €119,719 | €102,118 | -€17,601 | -14.7% |
| Amounts payable within one year | 42/48 | €119,719 | €102,118 | -€17,601 | -14.7% |
| Trade debts | 44 | €25,096 | €827 | -€24,269 | -96.7% |
| Suppliers | 440/4 | €25,096 | €827 | -€24,269 | -96.7% |
| Advances received on contracts in progress | 46 | - | €5,500 | +€5,500 | |
| Taxes, remuneration and social security | 45 | €28,647 | - | -€28,647 | |
| Taxes | 450/3 | €14,238 | - | -€14,238 | |
| Remuneration and social security | 454/9 | €14,409 | - | -€14,409 | |
| Other amounts payable | 47/48 | €65,976 | €95,791 | +€29,815 | +45.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,109 | €7,005 | -€20,104 | -74.2% |
| Remuneration, social security and pensions | 62 | €5,832 | €394 | -€5,437 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €365 | +€365 | |
| Other operating charges | 640/8 | €398 | €4,200 | +€3,803 | +956.6% |
| Gross operating margin | 9900 | €911 | €17,995 | +€17,084 | +1875.5% |
| Operating profit (loss) | 9901 | -€5,318 | €13,035 | +€18,354 | |
| Financial charges | 65/66B | €62 | €19 | -€43 | -68.8% |
| Recurring financial charges | 65 | €62 | €19 | -€43 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,380 | €13,016 | +€18,396 | |
| Profit (loss) for the period | 9904 | -€5,380 | €13,016 | +€18,396 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,380 | €13,016 | +€18,396 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.