C.S.I. CONSTRUCT: 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.I. CONSTRUCT
Largest movements
- Receivables within one year +€536,506
up €536,506 (+53.4%), from €1.0m to €1.5m
of which Trade receivables: +€532,503
- Cash -€447,090
down €447,090 (-64.9%), from €689,340 to €242,250
mainly Receivables within one year (-€536,506) and Other debts (-€118,696)
- Profit (loss) carried forward +€129,654
up €129,654 (+13.4%), from €966,691 to €1.1m
- Other debts -€118,696
down €118,696 (-38.8%), from €305,842 to €187,146
- Trade debts +€37,319
up €37,319 (+6.2%), from €598,579 to €635,898
- Gross operating margin +€28,431
up €28,431 (+8.6%), from €330,329 to €358,759
- Staff costs -€22,267
down €22,267 (-9.8%), from €226,385 to €204,118
- Taxes +€18,922
up €18,922 (+94.4%), from €20,045 to €38,967
- Financial income -€13,672
down €13,672 (-28.7%), from €47,582 to €33,910
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,042,547 | €2,128,893 | +€86,346 | +4.2% |
| Fixed assets | 21/28 | €19,679 | €14,376 | -€5,303 | -26.9% |
| Tangible fixed assets | 22/27 | €17,771 | €14,376 | -€3,395 | -19.1% |
| Land and buildings | 22 | €4,017 | €5,434 | +€1,417 | +35.3% |
| Plant, machinery and equipment | 23 | €9,952 | €6,977 | -€2,975 | -29.9% |
| Furniture and vehicles | 24 | €3,802 | €1,965 | -€1,837 | -48.3% |
| Financial fixed assets | 28 | €1,908 | - | -€1,908 | |
| Current assets | 29/58 | €2,022,868 | €2,114,517 | +€91,649 | +4.5% |
| Stocks and contracts in progress | 3 | €24,682 | €28,960 | +€4,278 | +17.3% |
| Stocks | 30/36 | €24,682 | €28,960 | +€4,278 | +17.3% |
| Amounts receivable within one year | 40/41 | €1,003,988 | €1,540,494 | +€536,506 | +53.4% |
| Trade receivables | 40 | €916,786 | €1,449,289 | +€532,503 | +58.1% |
| Other amounts receivable | 41 | €87,202 | €91,205 | +€4,003 | +4.6% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €689,340 | €242,250 | -€447,090 | -64.9% |
| Deferred charges and accrued income | 490/1 | €4,858 | €2,813 | -€2,045 | -42.1% |
| Total equity and liabilities | 10/49 | €2,042,547 | €2,128,893 | +€86,346 | +4.2% |
| Equity | 10/15 | €1,034,891 | €1,164,545 | +€129,654 | +12.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €966,691 | €1,096,345 | +€129,654 | +13.4% |
| Amounts payable | 17/49 | €1,007,656 | €964,348 | -€43,309 | -4.3% |
| Amounts payable within one year | 42/48 | €980,208 | €916,967 | -€63,241 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €35,034 | €39,994 | +€4,959 | +14.2% |
| Trade debts | 44 | €598,579 | €635,898 | +€37,319 | +6.2% |
| Suppliers | 440/4 | €598,579 | €635,898 | +€37,319 | +6.2% |
| Taxes, remuneration and social security | 45 | €40,753 | €53,929 | +€13,176 | +32.3% |
| Taxes | 450/3 | €11,644 | €31,636 | +€19,992 | +171.7% |
| Remuneration and social security | 454/9 | €29,108 | €22,293 | -€6,816 | -23.4% |
| Other amounts payable | 47/48 | €305,842 | €187,146 | -€118,696 | -38.8% |
| Accrued charges and deferred income | 492/3 | €27,448 | €47,381 | +€19,933 | +72.6% |
| Non-recurring operating income | 76A | €47,500 | - | -€47,500 | |
| Remuneration, social security and pensions | 62 | €226,385 | €204,118 | -€22,267 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,940 | €6,229 | -€1,711 | -21.6% |
| Other operating charges | 640/8 | €62 | €1,334 | +€1,272 | +2068.5% |
| Gross operating margin | 9900 | €330,329 | €358,759 | +€28,431 | +8.6% |
| Operating profit (loss) | 9901 | €95,943 | €147,079 | +€51,136 | +53.3% |
| Financial income | 75/76B | €47,582 | €33,910 | -€13,672 | -28.7% |
| Recurring financial income | 75 | €47,582 | €33,910 | -€13,672 | -28.7% |
| Financial charges | 65/66B | €10,025 | €12,368 | +€2,342 | +23.4% |
| Recurring financial charges | 65 | €10,025 | €12,368 | +€2,342 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €133,499 | €168,622 | +€35,122 | +26.3% |
| Income taxes | 67/77 | €20,045 | €38,967 | +€18,922 | +94.4% |
| Profit (loss) for the period | 9904 | €113,454 | €129,654 | +€16,201 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €113,454 | €129,654 | +€16,201 | +14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.