C.S. TECHNICS: 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. TECHNICS
Largest movements
- Tangible fixed assets -€12,222
down €12,222 (-24.0%), from €50,975 to €38,753
of which Furniture and vehicles: -€7,205
- Current investments +€9,239
up €9,239 (+20.5%), from €45,108 to €54,347
- Cash +€9,208
up €9,208 (+52.4%), from €17,564 to €26,772
mainly Depreciation (+€14,500) and Net result for the year (+€13,672)
- Reserves +€13,672
up €13,672 (+441.2%), from €3,099 to €16,771
of which Distributable reserves: +€13,672
- Trade debts -€10,315
down €10,315 (-33.9%), from €30,469 to €20,153
- Debts after one year -€8,170
down €8,170 (-67.1%), from €12,173 to €4,003
- Tax, wage and social debts +€7,584
up €7,584 (+43.6%), from €17,388 to €24,972
of which Remuneration and social security: +€4,050
- Gross operating margin +€29,903
up €29,903 (+311.5%), from €9,598 to €39,501
- Taxes +€6,266
up €6,266, from -€514 to €5,751
- Other operating charges +€1,098
up €1,098 (+59.5%), from €1,845 to €2,943
- Depreciation +€941
up €941 (+6.9%), from €13,559 to €14,500
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 | €220,293 | €224,114 | +€3,821 | +1.7% |
| Formation expenses | 20 | €933 | €700 | -€233 | -25.0% |
| Fixed assets | 21/28 | €50,975 | €40,657 | -€10,318 | -20.2% |
| Intangible fixed assets | 21 | - | €1,904 | +€1,904 | |
| Tangible fixed assets | 22/27 | €50,975 | €38,753 | -€12,222 | -24.0% |
| Land and buildings | 22 | €13,810 | €11,105 | -€2,705 | -19.6% |
| Plant, machinery and equipment | 23 | €4,870 | €4,358 | -€512 | -10.5% |
| Furniture and vehicles | 24 | €24,866 | €17,661 | -€7,205 | -29.0% |
| Other tangible fixed assets | 26 | €7,428 | €5,629 | -€1,799 | -24.2% |
| Current assets | 29/58 | €168,385 | €182,757 | +€14,372 | +8.5% |
| Stocks and contracts in progress | 3 | €95,006 | €93,717 | -€1,289 | -1.4% |
| Stocks | 30/36 | €95,006 | €93,717 | -€1,289 | -1.4% |
| Amounts receivable within one year | 40/41 | €6,666 | €5,390 | -€1,275 | -19.1% |
| Trade receivables | 40 | €3,270 | €1,892 | -€1,378 | -42.1% |
| Other amounts receivable | 41 | €3,396 | €3,498 | +€102 | +3.0% |
| Current investments | 50/53 | €45,108 | €54,347 | +€9,239 | +20.5% |
| Cash at bank and in hand | 54/58 | €17,564 | €26,772 | +€9,208 | +52.4% |
| Deferred charges and accrued income | 490/1 | €4,041 | €2,530 | -€1,511 | -37.4% |
| Total equity and liabilities | 10/49 | €220,293 | €224,114 | +€3,821 | +1.7% |
| Equity | 10/15 | €152,855 | €166,527 | +€13,672 | +8.9% |
| Contributions | 10/11 | €61,977 | €61,977 | = | 0.0% |
| Capital | 10 | €61,977 | €61,977 | = | 0.0% |
| Issued capital | 100 | €61,977 | €61,977 | = | 0.0% |
| Reserves | 13 | €3,099 | €16,771 | +€13,672 | +441.2% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | - | €13,672 | +€13,672 | |
| Profit (loss) carried forward | 14 | €87,779 | €87,779 | = | 0.0% |
| Amounts payable | 17/49 | €67,438 | €57,587 | -€9,851 | -14.6% |
| Amounts payable after more than one year | 17 | €12,173 | €4,003 | -€8,170 | -67.1% |
| Financial debts | 170/4 | €12,173 | €4,003 | -€8,170 | -67.1% |
| Amounts payable within one year | 42/48 | €55,072 | €53,295 | -€1,778 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €7,216 | €8,170 | +€954 | +13.2% |
| Trade debts | 44 | €30,469 | €20,153 | -€10,315 | -33.9% |
| Suppliers | 440/4 | €30,469 | €20,153 | -€10,315 | -33.9% |
| Taxes, remuneration and social security | 45 | €17,388 | €24,972 | +€7,584 | +43.6% |
| Taxes | 450/3 | €10,181 | €13,715 | +€3,534 | +34.7% |
| Remuneration and social security | 454/9 | €7,207 | €11,257 | +€4,050 | +56.2% |
| Accrued charges and deferred income | 492/3 | €193 | €289 | +€96 | +49.8% |
| Non-recurring operating income | 76A | €2,301 | - | -€2,301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,559 | €14,500 | +€941 | +6.9% |
| Other operating charges | 640/8 | €1,845 | €2,943 | +€1,098 | +59.5% |
| Gross operating margin | 9900 | €9,598 | €39,501 | +€29,903 | +311.5% |
| Operating profit (loss) | 9901 | -€5,806 | €22,058 | +€27,865 | |
| Financial income | 75/76B | €282 | €280 | -€2 | -0.9% |
| Recurring financial income | 75 | €282 | €280 | -€2 | -0.9% |
| Financial charges | 65/66B | €2,646 | €2,915 | +€269 | +10.2% |
| Recurring financial charges | 65 | €2,646 | €2,915 | +€269 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,170 | €19,423 | +€27,593 | |
| Income taxes | 67/77 | -€514 | €5,751 | +€6,266 | |
| Profit (loss) for the period | 9904 | -€7,655 | €13,672 | +€21,327 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,655 | €13,672 | +€21,327 |
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 12 October 2026 via checked.be.