C.S.C.: 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.
C.S.C.
Largest movements
- Cash +€12,379
new in 2025: €12,379
mainly Depreciation (+€11,889) and Net result for the year (+€10,886)
- Tangible fixed assets -€8,214
down €8,214 (-15.2%), from €54,087 to €45,873
of which Furniture and vehicles: -€7,889
- Stocks and contracts -€8,000
down €8,000 (-11.1%), from €72,050 to €64,050
- Receivables within one year -€3,866
down €3,866 (-13.2%), from €29,251 to €25,385
- Short-term financial debts -€17,644
down €17,644 (-100.0%), from €17,644 to €0
- Reserves +€10,886
up €10,886 (+19.4%), from €56,135 to €67,021
of which Distributable reserves: +€10,886
- Debts after one year -€9,361
down €9,361 (-24.5%), from €38,211 to €28,851
- Tax, wage and social debts +€7,810
up €7,810 (+112.4%), from €6,949 to €14,759
- Gross operating margin +€18,645
up €18,645 (+118.5%), from €15,739 to €34,384
- Depreciation +€9,740
up €9,740 (+453.3%), from €2,149 to €11,889
- Taxes +€4,674
up €4,674 (+303.7%), from €1,539 to €6,213
- Financial charges +€1,316
up €1,316 (+53.6%), from €2,455 to €3,771
- Other operating charges +€864
up €864 (+112.4%), from €769 to €1,632
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 | €158,096 | €150,691 | -€7,405 | -4.7% |
| Fixed assets | 21/28 | €54,587 | €46,373 | -€8,214 | -15.0% |
| Tangible fixed assets | 22/27 | €54,087 | €45,873 | -€8,214 | -15.2% |
| Plant, machinery and equipment | 23 | €1,191 | €866 | -€325 | -27.3% |
| Furniture and vehicles | 24 | €52,896 | €45,007 | -€7,889 | -14.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €103,509 | €104,318 | +€809 | +0.8% |
| Stocks and contracts in progress | 3 | €72,050 | €64,050 | -€8,000 | -11.1% |
| Stocks | 30/36 | €72,050 | €64,050 | -€8,000 | -11.1% |
| Amounts receivable within one year | 40/41 | €29,251 | €25,385 | -€3,866 | -13.2% |
| Trade receivables | 40 | €29,251 | €25,385 | -€3,866 | -13.2% |
| Cash at bank and in hand | 54/58 | - | €12,379 | +€12,379 | |
| Deferred charges and accrued income | 490/1 | €2,208 | €2,504 | +€296 | +13.4% |
| Total equity and liabilities | 10/49 | €158,096 | €150,691 | -€7,405 | -4.7% |
| Equity | 10/15 | €74,735 | €85,621 | +€10,886 | +14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,135 | €67,021 | +€10,886 | +19.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,960 | €7,960 | = | 0.0% |
| Distributable reserves | 133 | €48,175 | €59,060 | +€10,886 | +22.6% |
| Amounts payable | 17/49 | €83,361 | €65,070 | -€18,291 | -21.9% |
| Amounts payable after more than one year | 17 | €38,211 | €28,851 | -€9,361 | -24.5% |
| Financial debts | 170/4 | €38,211 | €28,851 | -€9,361 | -24.5% |
| Amounts payable within one year | 42/48 | €45,149 | €36,219 | -€8,930 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €8,961 | €9,361 | +€399 | +4.5% |
| Financial debts | 43 | €17,644 | €0 | -€17,644 | -100.0% |
| Credit institutions | 430/8 | €17,644 | €0 | -€17,644 | -100.0% |
| Trade debts | 44 | €4,481 | €4,778 | +€298 | +6.6% |
| Suppliers | 440/4 | €4,481 | €4,778 | +€298 | +6.6% |
| Taxes, remuneration and social security | 45 | €6,949 | €14,759 | +€7,810 | +112.4% |
| Taxes | 450/3 | €6,949 | €14,759 | +€7,810 | +112.4% |
| Other amounts payable | 47/48 | €7,114 | €7,321 | +€207 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,149 | €11,889 | +€9,740 | +453.3% |
| Other operating charges | 640/8 | €769 | €1,632 | +€864 | +112.4% |
| Gross operating margin | 9900 | €15,739 | €34,384 | +€18,645 | +118.5% |
| Operating profit (loss) | 9901 | €12,821 | €20,862 | +€8,041 | +62.7% |
| Financial income | 75/76B | €0 | €8 | +€8 | |
| Recurring financial income | 75 | €0 | €8 | +€8 | |
| Financial charges | 65/66B | €2,455 | €3,771 | +€1,316 | +53.6% |
| Recurring financial charges | 65 | €2,455 | €3,771 | +€1,316 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €10,366 | €17,099 | +€6,733 | +65.0% |
| Income taxes | 67/77 | €1,539 | €6,213 | +€4,674 | +303.7% |
| Profit (loss) for the period | 9904 | €8,827 | €10,886 | +€2,059 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,827 | €10,886 | +€2,059 | +23.3% |
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 5 October 2026 via checked.be.