CFS LEUVEN: 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.
CFS LEUVEN
Largest movements
- Receivables within one year -€244,172
down €244,172 (-44.8%), from €545,434 to €301,262
of which Trade receivables: -€185,159
- Deferred charges and accrued income +€60,354
up €60,354 (+26.4%), from €228,637 to €288,991
- Other debts -€97,260
down €97,260 (-45.1%), from €215,823 to €118,563
- Reserves -€30,289
down €30,289 (-77.6%), from €39,028 to €8,739
of which Distributable reserves: -€30,289
- Debts after one year -€21,644
down €21,644 (-49.0%), from €44,141 to €22,497
- Tax, wage and social debts -€21,227
down €21,227 (-10.6%), from €201,102 to €179,875
of which Remuneration and social security: -€22,460
- Accrued charges and deferred income -€8,242
down €8,242 (-45.5%), from €18,120 to €9,878
- Gross operating margin +€51,968
up €51,968 (+8.4%), from €620,767 to €672,735
- Staff costs +€46,999
up €46,999 (+8.5%), from €550,672 to €597,671
- Taxes +€9,677
up €9,677 (+243%), from €3,983 to €13,660
- Other operating charges -€8,145
down €8,145 (-46.3%), from €17,579 to €9,434
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.
Derived cash bridge
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 | €818,695 | €640,145 | -€178,549 | -21.8% |
| Fixed assets | 21/28 | €23,947 | €21,277 | -€2,670 | -11.1% |
| Tangible fixed assets | 22/27 | €23,033 | €20,363 | -€2,670 | -11.6% |
| Furniture and vehicles | 24 | €10,179 | €10,805 | +€626 | +6.2% |
| Other tangible fixed assets | 26 | €12,855 | €9,558 | -€3,296 | -25.6% |
| Financial fixed assets | 28 | €914 | €914 | = | 0.0% |
| Current assets | 29/58 | €794,747 | €618,868 | -€175,880 | -22.1% |
| Amounts receivable within one year | 40/41 | €545,434 | €301,262 | -€244,172 | -44.8% |
| Trade receivables | 40 | €448,373 | €263,215 | -€185,159 | -41.3% |
| Other amounts receivable | 41 | €97,061 | €38,047 | -€59,014 | -60.8% |
| Cash at bank and in hand | 54/58 | €20,676 | €28,615 | +€7,939 | +38.4% |
| Deferred charges and accrued income | 490/1 | €228,637 | €288,991 | +€60,354 | +26.4% |
| Total equity and liabilities | 10/49 | €818,695 | €640,145 | -€178,549 | -21.8% |
| Equity | 10/15 | €69,028 | €38,739 | -€30,289 | -43.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €39,028 | €8,739 | -€30,289 | -77.6% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €36,028 | €5,739 | -€30,289 | -84.1% |
| Amounts payable | 17/49 | €749,667 | €601,406 | -€148,261 | -19.8% |
| Amounts payable after more than one year | 17 | €44,141 | €22,497 | -€21,644 | -49.0% |
| Financial debts | 170/4 | €44,141 | €22,497 | -€21,644 | -49.0% |
| Amounts payable within one year | 42/48 | €687,405 | €569,031 | -€118,374 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €20,824 | €21,644 | +€820 | +3.9% |
| Financial debts | 43 | €218,821 | €212,609 | -€6,211 | -2.8% |
| Credit institutions | 430/8 | €218,821 | €212,609 | -€6,211 | -2.8% |
| Trade debts | 44 | €30,836 | €36,339 | +€5,504 | +17.8% |
| Suppliers | 440/4 | €30,836 | €36,339 | +€5,504 | +17.8% |
| Taxes, remuneration and social security | 45 | €201,102 | €179,875 | -€21,227 | -10.6% |
| Taxes | 450/3 | €121,195 | €122,428 | +€1,233 | +1.0% |
| Remuneration and social security | 454/9 | €79,907 | €57,447 | -€22,460 | -28.1% |
| Other amounts payable | 47/48 | €215,823 | €118,563 | -€97,260 | -45.1% |
| Accrued charges and deferred income | 492/3 | €18,120 | €9,878 | -€8,242 | -45.5% |
| Remuneration, social security and pensions | 62 | €550,672 | €597,671 | +€46,999 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,767 | €10,746 | +€3,979 | +58.8% |
| Other operating charges | 640/8 | €17,579 | €9,434 | -€8,145 | -46.3% |
| Gross operating margin | 9900 | €620,767 | €672,735 | +€51,968 | +8.4% |
| Operating profit (loss) | 9901 | €45,749 | €54,884 | +€9,135 | +20.0% |
| Financial income | 75/76B | €4 | €1 | -€3 | -69.3% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -69.3% |
| Financial charges | 65/66B | €20,512 | €25,208 | +€4,697 | +22.9% |
| Recurring financial charges | 65 | €20,512 | €25,208 | +€4,697 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €25,242 | €29,677 | +€4,436 | +17.6% |
| Income taxes | 67/77 | €3,983 | €13,660 | +€9,677 | +243% |
| Profit (loss) for the period | 9904 | €21,259 | €16,018 | -€5,241 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,259 | €16,018 | -€5,241 | -24.7% |
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 31 October 2026 via checked.be.