C&S VAN HAVRE: what changed
C&S VAN HAVRE
Largest movements
- Cash -€15,222
down €15,222 (-54.8%), from €27,765 to €12,544
mainly Debts after one year (-€12,279) and Trade debts (-€7,626)
- Receivables within one year +€3,931
up €3,931 (+119%), from €3,308 to €7,239
of which Other amounts receivable: +€3,997
- Tangible fixed assets -€2,954
down €2,954 (-7.2%), from €41,103 to €38,149
of which Land and buildings: -€5,640
- Debts after one year -€12,279
down €12,279 (-100%), from €12,279 to €0
- Reserves +€10,139
up €10,139 (+69.3%), from €14,634 to €24,774
- Trade debts -€7,626
down €7,626 (-89.6%), from €8,516 to €890
- Short-term financial debts -€6,000
down €6,000 (-100%), from €6,000 to €0
- Tax, wage and social debts +€932
up €932 (+33.8%), from €2,762 to €3,694
of which Remuneration and social security: +€1,250
- Gross operating margin -€15,434
down €15,434 (-34.9%), from €44,194 to €28,760
- Taxes -€3,914
down €3,914 (-32.5%), from €12,048 to €8,135
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
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 | €76,534 | €62,186 | -€14,348 | -18.7% |
| Fixed assets | 21/28 | €45,313 | €42,358 | -€2,954 | -6.5% |
| Tangible fixed assets | 22/27 | €41,103 | €38,149 | -€2,954 | -7.2% |
| Land and buildings | 22 | €38,423 | €32,783 | -€5,640 | -14.7% |
| Plant, machinery and equipment | 23 | €2,575 | €5,366 | +€2,791 | +108% |
| Furniture and vehicles | 24 | €105 | €0 | -€105 | -100% |
| Financial fixed assets | 28 | €4,210 | €4,210 | = | 0.0% |
| Current assets | 29/58 | €31,221 | €19,828 | -€11,394 | -36.5% |
| Amounts receivable within one year | 40/41 | €3,308 | €7,239 | +€3,931 | +119% |
| Trade receivables | 40 | €231 | €165 | -€66 | -28.5% |
| Other amounts receivable | 41 | €3,077 | €7,074 | +€3,997 | +130% |
| Cash at bank and in hand | 54/58 | €27,765 | €12,544 | -€15,222 | -54.8% |
| Deferred charges and accrued income | 490/1 | €148 | €45 | -€103 | -69.6% |
| Total equity and liabilities | 10/49 | €76,534 | €62,186 | -€14,348 | -18.7% |
| Equity | 10/15 | €33,184 | €43,324 | +€10,139 | +30.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €14,634 | €24,774 | +€10,139 | +69.3% |
| Distributable reserves | 133 | €14,634 | €24,774 | +€10,139 | +69.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €43,350 | €18,863 | -€24,487 | -56.5% |
| Amounts payable after more than one year | 17 | €12,279 | €0 | -€12,279 | -100% |
| Financial debts | 170/4 | €12,279 | €0 | -€12,279 | -100% |
| Amounts payable within one year | 42/48 | €29,071 | €16,863 | -€12,208 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €11,794 | €12,279 | +€485 | +4.1% |
| Financial debts | 43 | €6,000 | €0 | -€6,000 | -100% |
| Credit institutions | 430/8 | €6,000 | €0 | -€6,000 | -100% |
| Trade debts | 44 | €8,516 | €890 | -€7,626 | -89.6% |
| Suppliers | 440/4 | €8,516 | €890 | -€7,626 | -89.6% |
| Taxes, remuneration and social security | 45 | €2,762 | €3,694 | +€932 | +33.8% |
| Taxes | 450/3 | €2,762 | €2,444 | -€317 | -11.5% |
| Remuneration and social security | 454/9 | €0 | €1,250 | +€1,250 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,959 | €7,918 | -€41 | -0.5% |
| Other operating charges | 640/8 | €1,127 | €1,428 | +€301 | +26.7% |
| Gross operating margin | 9900 | €44,194 | €28,760 | -€15,434 | -34.9% |
| Operating profit (loss) | 9901 | €35,109 | €19,414 | -€15,694 | -44.7% |
| Financial income | 75/76B | €8 | €202 | +€194 | +2,484% |
| Recurring financial income | 75 | €8 | €202 | +€194 | +2,484% |
| Financial charges | 65/66B | €1,782 | €1,342 | -€440 | -24.7% |
| Recurring financial charges | 65 | €1,782 | €1,342 | -€440 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €33,335 | €18,274 | -€15,061 | -45.2% |
| Income taxes | 67/77 | €12,048 | €8,135 | -€3,914 | -32.5% |
| Profit (loss) for the period | 9904 | €21,286 | €10,139 | -€11,147 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,286 | €10,139 | -€11,147 | -52.4% |
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.