C'sam: 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'sam
Largest movements
- Stocks and contracts +€8,223
up €8,223 (+11.0%), from €75,000 to €83,223
- Cash -€3,637
down €3,637 (-76.3%), from €4,765 to €1,128
mainly Trade debts (-€16,236) and Stocks and contracts (-€8,223)
- Receivables within one year +€3,503
up €3,503 (+2085.4%), from €168 to €3,671
- Trade debts -€16,236
down €16,236 (-67.0%), from €24,216 to €7,979
- Other debts +€11,357
up €11,357 (+58.6%), from €19,389 to €30,747
- Profit (loss) carried forward +€10,934
up €10,934 (+266.0%), from €4,110 to €15,044
- Tax, wage and social debts +€2,035
up €2,035 (+15.4%), from €13,218 to €15,253
of which Taxes: +€2,041
- Purchases and services -€28,087
down €28,087 (-15.2%), from €184,865 to €156,778
- Turnover -€24,336
down €24,336 (-11.0%), from €221,015 to €196,679
- Other operating charges -€5,351
down €5,351 (-25.9%), from €20,625 to €15,275
- Staff costs -€2,999
down €2,999 (-23.4%), from €12,810 to €9,811
- Taxes +€2,434
up €2,434 (+211.4%), from €1,151 to €3,586
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 | €79,933 | €88,022 | +€8,090 | +10.1% |
| Current assets | 29/58 | €79,933 | €88,022 | +€8,090 | +10.1% |
| Stocks and contracts in progress | 3 | €75,000 | €83,223 | +€8,223 | +11.0% |
| Stocks | 30/36 | €75,000 | €83,223 | +€8,223 | +11.0% |
| Amounts receivable within one year | 40/41 | €168 | €3,671 | +€3,503 | +2085.4% |
| Trade receivables | 40 | €168 | €3,671 | +€3,503 | +2085.4% |
| Cash at bank and in hand | 54/58 | €4,765 | €1,128 | -€3,637 | -76.3% |
| Total equity and liabilities | 10/49 | €79,933 | €88,022 | +€8,090 | +10.1% |
| Equity | 10/15 | €23,110 | €34,044 | +€10,934 | +47.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,110 | €15,044 | +€10,934 | +266.0% |
| Amounts payable | 17/49 | €56,823 | €53,979 | -€2,844 | -5.0% |
| Amounts payable within one year | 42/48 | €56,823 | €53,979 | -€2,844 | -5.0% |
| Trade debts | 44 | €24,216 | €7,979 | -€16,236 | -67.0% |
| Suppliers | 440/4 | €24,216 | €7,979 | -€16,236 | -67.0% |
| Taxes, remuneration and social security | 45 | €13,218 | €15,253 | +€2,035 | +15.4% |
| Taxes | 450/3 | €8,771 | €10,813 | +€2,041 | +23.3% |
| Remuneration and social security | 454/9 | €4,446 | €4,440 | -€6 | -0.1% |
| Other amounts payable | 47/48 | €19,389 | €30,747 | +€11,357 | +58.6% |
| Turnover | 70 | €221,015 | €196,679 | -€24,336 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €184,865 | €156,778 | -€28,087 | -15.2% |
| Remuneration, social security and pensions | 62 | €12,810 | €9,811 | -€2,999 | -23.4% |
| Other operating charges | 640/8 | €20,625 | €15,275 | -€5,351 | -25.9% |
| Gross operating margin | 9900 | €41,403 | €40,028 | -€1,376 | -3.3% |
| Operating profit (loss) | 9901 | €7,968 | €14,942 | +€6,974 | +87.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €269 | €422 | +€153 | +56.9% |
| Recurring financial charges | 65 | €269 | €422 | +€153 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €7,700 | €14,519 | +€6,820 | +88.6% |
| Income taxes | 67/77 | €1,151 | €3,586 | +€2,434 | +211.4% |
| Profit (loss) for the period | 9904 | €6,548 | €10,934 | +€4,385 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,548 | €10,934 | +€4,385 | +67.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.