C.S.A. MENUISERIE: what changed
C.S.A. MENUISERIE
Largest movements
- Deferred charges and accrued income +€44,306
up €44,306 (+239%), from €18,500 to €62,806
- Cash -€9,177
down €9,177 (-31.0%), from €29,561 to €20,384
mainly Deferred charges and accrued income (-€44,306) and Accrued charges and deferred income (-€11,357)
- Tangible fixed assets -€6,030
down €6,030 (-72.2%), from €8,352 to €2,322
of which Furniture and vehicles: -€6,898
- Receivables within one year +€5,884
up €5,884 (+15.2%), from €38,601 to €44,485
of which Other amounts receivable: +€5,884
- Other debts +€53,025
up €53,025 (+1,789%), from €2,964 to €55,988
- Accrued charges and deferred income -€11,357
down €11,357 (-35.1%), from €32,375 to €21,018
- Trade debts -€10,794
down €10,794 (-100%), from €10,794 to €0
of which Bills of exchange payable: -€10,794
- Profit (loss) carried forward +€2,110
up €2,110 (+7.1%), from €29,591 to €31,702
- Tax, wage and social debts +€1,999
up €1,999 (+11.6%), from €17,290 to €19,289
of which Remuneration and social security: +€3,646
- Staff costs +€44,778
new in 2025: €44,778
- Gross operating margin +€44,721
new in 2025: €44,721
- Financial income +€8,311
new in 2025: €8,311
of which Non-recurring financial income: +€8,085
- Taxes +€3,775
new in 2025: €3,775
- Other operating charges +€1,478
new in 2025: €1,478
Change in the result, 2024 to 2025
The net result is not in both sets of accounts. Without it the difference cannot be explained line by line.
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 | €95,014 | €129,997 | +€34,983 | +36.8% |
| Fixed assets | 21/28 | €8,352 | €2,322 | -€6,030 | -72.2% |
| Tangible fixed assets | 22/27 | €8,352 | €2,322 | -€6,030 | -72.2% |
| Plant, machinery and equipment | 23 | - | €868 | +€868 | |
| Furniture and vehicles | 24 | €8,352 | €1,454 | -€6,898 | -82.6% |
| Current assets | 29/58 | €86,662 | €127,675 | +€41,013 | +47.3% |
| Amounts receivable within one year | 40/41 | €38,601 | €44,485 | +€5,884 | +15.2% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €38,601 | €44,485 | +€5,884 | +15.2% |
| Cash at bank and in hand | 54/58 | €29,561 | €20,384 | -€9,177 | -31.0% |
| Deferred charges and accrued income | 490/1 | €18,500 | €62,806 | +€44,306 | +239% |
| Total equity and liabilities | 10/49 | €95,014 | €129,997 | +€34,983 | +36.8% |
| Equity | 10/15 | €31,591 | €33,702 | +€2,110 | +6.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,591 | €31,702 | +€2,110 | +7.1% |
| Amounts payable | 17/49 | €63,423 | €96,296 | +€32,873 | +51.8% |
| Amounts payable within one year | 42/48 | €31,048 | €75,277 | +€44,230 | +142% |
| Trade debts | 44 | €10,794 | €0 | -€10,794 | -100% |
| Suppliers | 440/4 | - | €0 | = | |
| Bills of exchange payable | 441 | €10,794 | - | -€10,794 | |
| Taxes, remuneration and social security | 45 | €17,290 | €19,289 | +€1,999 | +11.6% |
| Taxes | 450/3 | €17,290 | €15,643 | -€1,647 | -9.5% |
| Remuneration and social security | 454/9 | - | €3,646 | +€3,646 | |
| Other amounts payable | 47/48 | €2,964 | €55,988 | +€53,025 | +1,789% |
| Accrued charges and deferred income | 492/3 | €32,375 | €21,018 | -€11,357 | -35.1% |
| Remuneration, social security and pensions | 62 | - | €44,778 | +€44,778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €388 | +€388 | |
| Other operating charges | 640/8 | - | €1,478 | +€1,478 | |
| Gross operating margin | 9900 | - | €44,721 | +€44,721 | |
| Operating profit (loss) | 9901 | - | -€1,923 | -€1,923 | |
| Financial income | 75/76B | - | €8,311 | +€8,311 | |
| Recurring financial income | 75 | - | €226 | +€226 | |
| Non-recurring financial income | 76B | - | €8,085 | +€8,085 | |
| Financial charges | 65/66B | - | €503 | +€503 | |
| Recurring financial charges | 65 | - | €503 | +€503 | |
| Profit (loss) for the period before taxes | 9903 | - | €5,886 | +€5,886 | |
| Income taxes | 67/77 | - | €3,775 | +€3,775 | |
| Profit (loss) for the period | 9904 | - | €2,110 | +€2,110 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €2,110 | +€2,110 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.