C&S Contractor Safety: 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.
C&S Contractor Safety
Largest movements
- Tangible fixed assets -€36,818
down €36,818 (-86.6%), from €42,535 to €5,716
of which Leasing and similar rights: -€34,536
- Cash +€17,028
up €17,028 (+1,252%), from €1,361 to €18,389
mainly Trade debts (+€56,890) and Investment in fixed assets (net) (+€34,536)
- Receivables after one year +€15,010
new in 2025: €15,010
- Receivables within one year -€9,856
down €9,856 (-10.8%), from €91,021 to €81,165
of which Other amounts receivable: -€14,545
- Intangible fixed assets -€6,857
down €6,857 (-11.8%), from €58,285 to €51,428
- Trade debts +€56,890
up €56,890 (+588%), from €9,679 to €66,569
- Debts after one year -€30,741
down €30,741 (-100%), from €30,741 to €0
- Reserves -€30,000
down €30,000 (-73.6%), from €40,740 to €10,740
of which Distributable reserves: -€30,000
- Profit (loss) carried forward -€24,782
new in 2025: -€24,782
- Current portion of long-term debt -€11,781
down €11,781 (-11.6%), from €101,652 to €89,871
- Write-downs +€64,078
new in 2025: €64,078
- Taxes -€9,479
down €9,479 (-92.4%), from €10,261 to €782
- Financial charges -€7,250
down €7,250 (-39.2%), from €18,495 to €11,245
of which Non-recurring financial charges: -€4,310
- Staff costs +€6,276
up €6,276 (+18.0%), from €34,874 to €41,150
- Gross operating margin -€5,707
down €5,707 (-5.2%), from €108,963 to €103,256
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 | €245,891 | €218,481 | -€27,411 | -11.1% |
| Fixed assets | 21/28 | €109,609 | €65,934 | -€43,675 | -39.8% |
| Intangible fixed assets | 21 | €58,285 | €51,428 | -€6,857 | -11.8% |
| Tangible fixed assets | 22/27 | €42,535 | €5,716 | -€36,818 | -86.6% |
| Land and buildings | 22 | €2,598 | €1,819 | -€778 | -30.0% |
| Plant, machinery and equipment | 23 | €4,040 | €2,828 | -€1,212 | -30.0% |
| Furniture and vehicles | 24 | €1,361 | €1,069 | -€292 | -21.4% |
| Leasing and similar rights | 25 | €34,536 | €0 | -€34,536 | -100% |
| Financial fixed assets | 28 | €8,790 | €8,790 | = | 0.0% |
| Current assets | 29/58 | €136,282 | €152,547 | +€16,265 | +11.9% |
| Amounts receivable after more than one year | 29 | - | €15,010 | +€15,010 | |
| Other amounts receivable | 291 | - | €15,010 | +€15,010 | |
| Stocks and contracts in progress | 3 | €43,402 | €37,652 | -€5,750 | -13.2% |
| Stocks | 30/36 | €43,402 | €37,652 | -€5,750 | -13.2% |
| Amounts receivable within one year | 40/41 | €91,021 | €81,165 | -€9,856 | -10.8% |
| Trade receivables | 40 | €66,758 | €71,448 | +€4,690 | +7.0% |
| Other amounts receivable | 41 | €24,262 | €9,717 | -€14,545 | -60.0% |
| Cash at bank and in hand | 54/58 | €1,361 | €18,389 | +€17,028 | +1,252% |
| Deferred charges and accrued income | 490/1 | €499 | €331 | -€168 | -33.6% |
| Total equity and liabilities | 10/49 | €245,891 | €218,481 | -€27,411 | -11.1% |
| Equity | 10/15 | €59,340 | €4,557 | -€54,782 | -92.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,740 | €10,740 | -€30,000 | -73.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,880 | €8,880 | -€30,000 | -77.2% |
| Profit (loss) carried forward | 14 | - | -€24,782 | -€24,782 | |
| Amounts payable | 17/49 | €186,552 | €213,923 | +€27,372 | +14.7% |
| Amounts payable after more than one year | 17 | €30,741 | €0 | -€30,741 | -100% |
| Financial debts | 170/4 | €30,741 | €0 | -€30,741 | -100% |
| Amounts payable within one year | 42/48 | €155,811 | €213,923 | +€58,113 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €101,652 | €89,871 | -€11,781 | -11.6% |
| Trade debts | 44 | €9,679 | €66,569 | +€56,890 | +588% |
| Suppliers | 440/4 | €9,679 | €66,569 | +€56,890 | +588% |
| Advances received on contracts in progress | 46 | - | €1,277 | +€1,277 | |
| Taxes, remuneration and social security | 45 | €44,480 | €56,206 | +€11,726 | +26.4% |
| Taxes | 450/3 | €44,480 | €52,943 | +€8,463 | +19.0% |
| Remuneration and social security | 454/9 | - | €3,264 | +€3,264 | |
| Non-recurring operating income | 76A | - | €17,313 | +€17,313 | |
| Remuneration, social security and pensions | 62 | €34,874 | €41,150 | +€6,276 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,062 | €9,139 | -€923 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €64,078 | +€64,078 | |
| Other operating charges | 640/8 | €7,122 | €1,725 | -€5,397 | -75.8% |
| Gross operating margin | 9900 | €108,963 | €103,256 | -€5,707 | -5.2% |
| Operating profit (loss) | 9901 | €56,904 | -€12,837 | -€69,741 | |
| Financial income | 75/76B | €1,744 | €82 | -€1,662 | -95.3% |
| Recurring financial income | 75 | €530 | €82 | -€448 | -84.6% |
| Non-recurring financial income | 76B | €1,214 | - | -€1,214 | |
| Financial charges | 65/66B | €18,495 | €11,245 | -€7,250 | -39.2% |
| Recurring financial charges | 65 | €14,185 | €11,245 | -€2,940 | -20.7% |
| Non-recurring financial charges | 66B | €4,310 | €0 | -€4,310 | -100% |
| Profit (loss) for the period before taxes | 9903 | €40,153 | -€24,000 | -€64,153 | |
| Income taxes | 67/77 | €10,261 | €782 | -€9,479 | -92.4% |
| Profit (loss) for the period | 9904 | €29,892 | -€24,782 | -€54,674 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,892 | -€24,782 | -€54,674 |
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 31 October 2026 via checked.be.