CCS STEEL: what changed
What changed
CCS STEEL
NACE 25.401, Forging of metal
filed annual accounts (NBB)
Net result for the year
€624,584
2024 · €315,524+€309,059
Equity
€2.4m
2024 · €2.1m+€293,370
Cash
€401,471
2024 · €390,991+€10,480
Balance sheet total
€4.7m
2024 · €4.7m+€12,466
Largest movements
Assets
- Receivables within one year +€618,636
up €618,636 (+42.8%), from €1.4m to €2.1m
of which Trade receivables: +€325,788
- Tangible fixed assets -€507,752
down €507,752 (-20.8%), from €2.4m to €1.9m
of which Leasing and similar rights: -€443,718
- Stocks and contracts -€111,453
down €111,453 (-24.8%), from €449,956 to €338,503
Equity and liabilities
- Debts after one year -€453,607
down €453,607 (-24.7%), from €1.8m to €1.4m
- Reserves +€324,584
up €324,584 (+17.1%), from €1.9m to €2.2m
of which Distributable reserves: +€324,584
- Other debts +€300,000
new in 2025: €300,000
- Trade debts -€66,796
down €66,796 (-29.1%), from €229,654 to €162,858
- Accrued charges and deferred income -€54,422
down €54,422 (-95.9%), from €56,758 to €2,336
Income statement
- Staff costs -€157,586
down €157,586 (-26.9%), from €585,285 to €427,699
- Turnover +€132,918
up €132,918 (+1.9%), from €7.2m to €7.3m
- Taxes +€92,923
up €92,923 (+163%), from €56,894 to €149,818
of which Taxes: +€93,106
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.
Result 2024
€315,524
Turnover
+€132,918
Other operating income
-€7,948
Goods and materials
+€56,844
Services and other goods
+€10,110
Staff costs
+€157,586
Depreciation
+€35,177
Other operating charges
-€302
Financial income
+€8,602
Financial charges
+€8,997
Taxes
-€92,923
Result 2025
€624,584
raises the resultlowers the result
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.
From operations
+€789,257
Investment
€0
Financing
-€778,777
Cash 2024
€390,991
From operations (derived)
+€789,257
Net result for the year
+€624,584
Depreciation
+€508,262
Stocks and contracts
+€111,453
Receivables within one year
-€618,636
Deferred charges and accrued income
-€3,065
Trade debts
-€66,796
Tax, wage and social debts
-€12,123
Other debts
+€300,000
Accrued charges and deferred income
-€54,422
Financing
-€778,777
Debts after one year
-€453,607
Current portion of long-term debt
+€6,044
Contributions, distributions and other
-€331,214
Cash 2025
€401,471
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,731,207 | €4,743,672 | +€12,466 | +0.3% |
| Fixed assets | 21/28 | €2,439,617 | €1,931,355 | -€508,262 | -20.8% |
| Intangible fixed assets | 21 | €510 | - | -€510 | |
| Tangible fixed assets | 22/27 | €2,438,744 | €1,930,992 | -€507,752 | -20.8% |
| Plant, machinery and equipment | 23 | €205,729 | €155,094 | -€50,635 | -24.6% |
| Furniture and vehicles | 24 | €36,850 | €23,450 | -€13,400 | -36.4% |
| Leasing and similar rights | 25 | €2,196,165 | €1,752,447 | -€443,718 | -20.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Other financial fixed assets | 284/8 | €363 | €363 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €2,291,589 | €2,812,318 | +€520,728 | +22.7% |
| Stocks and contracts in progress | 3 | €449,956 | €338,503 | -€111,453 | -24.8% |
| Stocks | 30/36 | €449,956 | €338,503 | -€111,453 | -24.8% |
| Raw materials and consumables | 30/31 | €449,956 | €338,503 | -€111,453 | -24.8% |
| Amounts receivable within one year | 40/41 | €1,444,367 | €2,063,004 | +€618,636 | +42.8% |
| Trade receivables | 40 | €1,399,598 | €1,725,385 | +€325,788 | +23.3% |
| Other amounts receivable | 41 | €44,770 | €337,618 | +€292,849 | +654% |
| Cash at bank and in hand | 54/58 | €390,991 | €401,471 | +€10,480 | +2.7% |
| Deferred charges and accrued income | 490/1 | €6,275 | €9,340 | +€3,065 | +48.8% |
| Total equity and liabilities | 10/49 | €4,731,207 | €4,743,672 | +€12,466 | +0.3% |
| Equity | 10/15 | €2,091,140 | €2,384,510 | +€293,370 | +14.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,894,889 | €2,219,473 | +€324,584 | +17.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,888,739 | €2,213,323 | +€324,584 | +17.2% |
| Investment grants | 15 | €134,751 | €103,538 | -€31,214 | -23.2% |
| Amounts payable | 17/49 | €2,640,066 | €2,359,162 | -€280,904 | -10.6% |
| Amounts payable after more than one year | 17 | €1,837,852 | €1,384,244 | -€453,607 | -24.7% |
| Financial debts | 170/4 | €1,837,852 | €1,384,244 | -€453,607 | -24.7% |
| Leasing and similar obligations | 172 | €1,837,852 | €1,384,244 | -€453,607 | -24.7% |
| Amounts payable within one year | 42/48 | €745,457 | €972,582 | +€227,125 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €447,564 | €453,608 | +€6,044 | +1.4% |
| Trade debts | 44 | €229,654 | €162,858 | -€66,796 | -29.1% |
| Suppliers | 440/4 | €229,654 | €162,858 | -€66,796 | -29.1% |
| Taxes, remuneration and social security | 45 | €68,239 | €56,117 | -€12,123 | -17.8% |
| Taxes | 450/3 | €7,925 | €2,621 | -€5,304 | -66.9% |
| Remuneration and social security | 454/9 | €60,315 | €53,496 | -€6,819 | -11.3% |
| Other amounts payable | 47/48 | - | €300,000 | +€300,000 | |
| Accrued charges and deferred income | 492/3 | €56,758 | €2,336 | -€54,422 | -95.9% |
| Operating income | 70/76A | €7,207,968 | €7,332,937 | +€124,970 | +1.7% |
| Turnover | 70 | €7,176,311 | €7,309,229 | +€132,918 | +1.9% |
| Other operating income | 74 | €31,657 | €23,709 | -€7,948 | -25.1% |
| Operating charges | 60/66A | €6,843,744 | €6,584,330 | -€259,415 | -3.8% |
| Goods for resale, raw materials and consumables | 60 | €4,762,887 | €4,706,043 | -€56,844 | -1.2% |
| Purchases | 600/8 | €4,881,778 | €4,594,590 | -€287,188 | -5.9% |
| Change in stocks: decrease (increase) | 609 | -€118,891 | €111,453 | +€230,343 | |
| Services and other goods | 61 | €949,365 | €939,255 | -€10,110 | -1.1% |
| Remuneration, social security and pensions | 62 | €585,285 | €427,699 | -€157,586 | -26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543,440 | €508,262 | -€35,177 | -6.5% |
| Other operating charges | 640/8 | €2,768 | €3,070 | +€302 | +10.9% |
| Operating profit (loss) | 9901 | €364,224 | €748,608 | +€384,384 | +106% |
| Financial income | 75/76B | €48,623 | €57,225 | +€8,602 | +17.7% |
| Recurring financial income | 75 | €48,623 | €57,225 | +€8,602 | +17.7% |
| Income from financial fixed assets | 750 | - | €4,425 | +€4,425 | |
| Other financial income | 752/9 | €48,623 | €52,800 | +€4,176 | +8.6% |
| Financial charges | 65/66B | €40,428 | €31,431 | -€8,997 | -22.3% |
| Recurring financial charges | 65 | €40,428 | €31,431 | -€8,997 | -22.3% |
| Debt charges | 650 | €38,666 | €30,039 | -€8,627 | -22.3% |
| Other financial charges | 652/9 | €1,763 | €1,393 | -€370 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €372,418 | €774,401 | +€401,983 | +108% |
| Income taxes | 67/77 | €56,894 | €149,818 | +€92,923 | +163% |
| Taxes | 670/3 | €56,894 | €150,000 | +€93,106 | +164% |
| Tax adjustments and reversals of tax provisions | 77 | - | €182 | +€182 | |
| Profit (loss) for the period | 9904 | €315,524 | €624,584 | +€309,059 | +98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €315,524 | €624,584 | +€309,059 | +98.0% |
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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.