Cargo Securing Testing Services: 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.
Cargo Securing Testing Services
Largest movements
- Tangible fixed assets -€25,491
down €25,491 (-84.4%), from €30,219 to €4,728
of which Plant, machinery and equipment: -€25,491
- Deferred charges and accrued income +€3,196
new in 2025: €3,196
- Cash -€2,254
down €2,254 (-33.3%), from €6,769 to €4,516
mainly Trade debts (-€17,821) and Net result for the year (-€5,764)
- Receivables within one year +€1,009
up €1,009 (+12.7%), from €7,945 to €8,954
of which Trade receivables: +€3,962
- Trade debts -€17,821
down €17,821 (-94.2%), from €18,919 to €1,097
- Profit (loss) carried forward -€5,764
down €5,764 (-44.2%), from -€13,028 to -€18,792
- Tax, wage and social debts +€2,188
up €2,188, from €0 to €2,188
- Accrued charges and deferred income -€2,141
down €2,141 (-100.0%), from €2,141 to €0
- Gross operating margin +€6,563
up €6,563 (+44.0%), from €14,916 to €21,480
- Depreciation -€1,600
down €1,600 (-6.4%), from €24,838 to €23,238
- Financial charges -€707
down €707 (-30.3%), from €2,332 to €1,625
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 | €44,932 | €21,393 | -€23,539 | -52.4% |
| Fixed assets | 21/28 | €30,219 | €4,728 | -€25,491 | -84.4% |
| Tangible fixed assets | 22/27 | €30,219 | €4,728 | -€25,491 | -84.4% |
| Plant, machinery and equipment | 23 | €30,219 | €4,728 | -€25,491 | -84.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €14,714 | €16,665 | +€1,951 | +13.3% |
| Amounts receivable within one year | 40/41 | €7,945 | €8,954 | +€1,009 | +12.7% |
| Trade receivables | 40 | €4,992 | €8,954 | +€3,962 | +79.4% |
| Other amounts receivable | 41 | €2,952 | €0 | -€2,952 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,769 | €4,516 | -€2,254 | -33.3% |
| Deferred charges and accrued income | 490/1 | - | €3,196 | +€3,196 | |
| Total equity and liabilities | 10/49 | €44,932 | €21,393 | -€23,539 | -52.4% |
| Equity | 10/15 | -€12,128 | -€17,892 | -€5,764 | -47.5% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,028 | -€18,792 | -€5,764 | -44.2% |
| Amounts payable | 17/49 | €57,060 | €39,285 | -€17,775 | -31.2% |
| Amounts payable after more than one year | 17 | €36,000 | €36,000 | = | 0.0% |
| Financial debts | 170/4 | €36,000 | €36,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,919 | €3,285 | -€15,634 | -82.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €18,919 | €1,097 | -€17,821 | -94.2% |
| Suppliers | 440/4 | €18,919 | €1,097 | -€17,821 | -94.2% |
| Taxes, remuneration and social security | 45 | €0 | €2,188 | +€2,188 | |
| Taxes | 450/3 | €0 | €2,188 | +€2,188 | |
| Accrued charges and deferred income | 492/3 | €2,141 | €0 | -€2,141 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,838 | €23,238 | -€1,600 | -6.4% |
| Other operating charges | 640/8 | €94 | €128 | +€34 | +36.2% |
| Non-recurring operating charges | 66A | - | €2,253 | +€2,253 | |
| Gross operating margin | 9900 | €14,916 | €21,480 | +€6,563 | +44.0% |
| Operating profit (loss) | 9901 | -€10,015 | -€4,139 | +€5,877 | +58.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,332 | €1,625 | -€707 | -30.3% |
| Recurring financial charges | 65 | €2,332 | €1,625 | -€707 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,347 | -€5,764 | +€6,583 | +53.3% |
| Profit (loss) for the period | 9904 | -€12,347 | -€5,764 | +€6,583 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,347 | -€5,764 | +€6,583 | +53.3% |
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 10 October 2026 via checked.be.