CREZCA: 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.
CREZCA
Largest movements
- Cash +€14,198
up €14,198 (+120.5%), from €11,781 to €25,979
mainly Tax, wage and social debts (+€7,176) and Depreciation (+€7,096)
- Tangible fixed assets +€5,172
up €5,172 (+24.1%), from €21,446 to €26,618
- Receivables within one year -€4,898
down €4,898 (-100.0%), from €4,898 to €0
of which Other amounts receivable: -€4,205
- Deferred charges and accrued income +€655
up €655 (+245.4%), from €267 to €922
- Tax, wage and social debts +€7,176
up €7,176 (+98.4%), from €7,295 to €14,471
of which Taxes: +€8,376
- Trade debts +€6,261
up €6,261 (+1131.4%), from €553 to €6,814
- Other debts +€867
up €867 (+26.3%), from €3,293 to €4,160
- Reserves +€823
up €823 (+3.7%), from €22,251 to €23,074
- Gross operating margin -€17,161
down €17,161 (-60.0%), from €28,598 to €11,436
- Taxes -€4,072
down €4,072 (-66.8%), from €6,095 to €2,023
- Depreciation +€838
up €838 (+13.4%), from €6,258 to €7,096
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 | €38,392 | €53,519 | +€15,127 | +39.4% |
| Fixed assets | 21/28 | €21,446 | €26,618 | +€5,172 | +24.1% |
| Tangible fixed assets | 22/27 | €21,446 | €26,618 | +€5,172 | +24.1% |
| Furniture and vehicles | 24 | €21,446 | €26,618 | +€5,172 | +24.1% |
| Current assets | 29/58 | €16,946 | €26,901 | +€9,955 | +58.7% |
| Amounts receivable within one year | 40/41 | €4,898 | €0 | -€4,898 | -100.0% |
| Trade receivables | 40 | €693 | €0 | -€693 | -100.0% |
| Other amounts receivable | 41 | €4,205 | €0 | -€4,205 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,781 | €25,979 | +€14,198 | +120.5% |
| Deferred charges and accrued income | 490/1 | €267 | €922 | +€655 | +245.4% |
| Total equity and liabilities | 10/49 | €38,392 | €53,519 | +€15,127 | +39.4% |
| Equity | 10/15 | €27,251 | €28,074 | +€823 | +3.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,251 | €23,074 | +€823 | +3.7% |
| Distributable reserves | 133 | €22,251 | €23,074 | +€823 | +3.7% |
| Amounts payable | 17/49 | €11,141 | €25,445 | +€14,304 | +128.4% |
| Amounts payable within one year | 42/48 | €11,141 | €25,445 | +€14,304 | +128.4% |
| Trade debts | 44 | €553 | €6,814 | +€6,261 | +1131.4% |
| Suppliers | 440/4 | €553 | €6,814 | +€6,261 | +1131.4% |
| Taxes, remuneration and social security | 45 | €7,295 | €14,471 | +€7,176 | +98.4% |
| Taxes | 450/3 | €6,095 | €14,471 | +€8,376 | +137.4% |
| Remuneration and social security | 454/9 | €1,200 | €0 | -€1,200 | -100.0% |
| Other amounts payable | 47/48 | €3,293 | €4,160 | +€867 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,258 | €7,096 | +€838 | +13.4% |
| Other operating charges | 640/8 | €1,338 | €1,198 | -€140 | -10.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €28,598 | €11,436 | -€17,161 | -60.0% |
| Operating profit (loss) | 9901 | €21,002 | €3,143 | -€17,859 | -85.0% |
| Financial income | 75/76B | €81 | €96 | +€15 | +18.5% |
| Recurring financial income | 75 | €81 | €96 | +€15 | +18.5% |
| Financial charges | 65/66B | €159 | €392 | +€233 | +146.5% |
| Recurring financial charges | 65 | €159 | €392 | +€233 | +146.5% |
| Profit (loss) for the period before taxes | 9903 | €20,923 | €2,846 | -€18,077 | -86.4% |
| Income taxes | 67/77 | €6,095 | €2,023 | -€4,072 | -66.8% |
| Profit (loss) for the period | 9904 | €14,828 | €823 | -€14,005 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,828 | €823 | -€14,005 | -94.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.