CREZCO: 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.
CREZCO
Largest movements
- Cash -€2,354
down €2,354 (-65.8%), from €3,577 to €1,224
mainly Receivables within one year (-€2,274) and Net result for the year (-€1,342)
- Receivables within one year +€2,274
up €2,274 (+9.4%), from €24,150 to €26,424
of which Trade receivables: +€1,815
- Profit (loss) carried forward -€1,342
down €1,342 (-64.0%), from -€2,098 to -€3,439
- Trade debts +€984
up €984 (+12.0%), from €8,223 to €9,206
- Gross operating margin +€1,189
up €1,189 (+55.9%), from -€2,128 to -€939
- Depreciation -€505
no longer reported in 2025 (was €505)
- Financial income -€122
down €122 (-24.3%), from €503 to €381
- Financial charges -€24
down €24 (-21.1%), from €114 to €90
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.
Derived cash bridge
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 | €28,525 | €28,390 | -€135 | -0.5% |
| Current assets | 29/58 | €28,525 | €28,390 | -€135 | -0.5% |
| Amounts receivable within one year | 40/41 | €24,150 | €26,424 | +€2,274 | +9.4% |
| Trade receivables | 40 | €5,557 | €7,372 | +€1,815 | +32.7% |
| Other amounts receivable | 41 | €18,593 | €19,052 | +€459 | +2.5% |
| Cash at bank and in hand | 54/58 | €3,577 | €1,224 | -€2,354 | -65.8% |
| Deferred charges and accrued income | 490/1 | €798 | €743 | -€55 | -6.9% |
| Total equity and liabilities | 10/49 | €28,525 | €28,390 | -€135 | -0.5% |
| Equity | 10/15 | €20,302 | €18,961 | -€1,342 | -6.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €21,400 | €21,400 | = | 0.0% |
| Distributable reserves | 133 | €21,400 | €21,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,098 | -€3,439 | -€1,342 | -64.0% |
| Amounts payable | 17/49 | €8,223 | €9,429 | +€1,207 | +14.7% |
| Amounts payable within one year | 42/48 | €8,223 | €9,429 | +€1,207 | +14.7% |
| Trade debts | 44 | €8,223 | €9,206 | +€984 | +12.0% |
| Suppliers | 440/4 | €8,223 | €9,206 | +€984 | +12.0% |
| Taxes, remuneration and social security | 45 | - | €223 | +€223 | |
| Taxes | 450/3 | - | €223 | +€223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | - | -€505 | |
| Other operating charges | 640/8 | €678 | €694 | +€16 | +2.4% |
| Gross operating margin | 9900 | -€2,128 | -€939 | +€1,189 | +55.9% |
| Operating profit (loss) | 9901 | -€3,311 | -€1,633 | +€1,678 | +50.7% |
| Financial income | 75/76B | €503 | €381 | -€122 | -24.3% |
| Recurring financial income | 75 | €503 | €381 | -€122 | -24.3% |
| Financial charges | 65/66B | €114 | €90 | -€24 | -21.1% |
| Recurring financial charges | 65 | €114 | €90 | -€24 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,922 | -€1,342 | +€1,580 | +54.1% |
| Profit (loss) for the period | 9904 | -€2,922 | -€1,342 | +€1,580 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,922 | -€1,342 | +€1,580 | +54.1% |
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 21 October 2026 via checked.be.