COMPUTING SYSTEM ENGINEERING: 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.
COMPUTING SYSTEM ENGINEERING
Largest movements
- Receivables within one year -€43,399
down €43,399 (-31.9%), from €135,996 to €92,597
of which Trade receivables: -€40,399
- Tangible fixed assets +€5,403
up €5,403 (+872.9%), from €619 to €6,022
of which Land and buildings: +€5,887
- Tax, wage and social debts -€25,390
down €25,390 (-53.4%), from €47,519 to €22,129
of which Taxes: -€25,617
- Reserves -€10,275
down €10,275 (-5.0%), from €205,396 to €195,121
of which Distributable reserves: -€10,275
- Other debts -€8,030
down €8,030 (-15.1%), from €53,041 to €45,011
- Gross operating margin +€27,062
up €27,062 (+32.4%), from €83,473 to €110,535
- Financial charges -€17,011
down €17,011 (-75.6%), from €22,503 to €5,492
- Financial income -€14,051
down €14,051 (-95.5%), from €14,713 to €662
- Taxes +€6,471
up €6,471 (+80.0%), from €8,091 to €14,562
- Staff costs +€4,414
up €4,414 (+8.6%), from €51,286 to €55,700
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 | €352,568 | €313,530 | -€39,038 | -11.1% |
| Fixed assets | 21/28 | €775 | €6,178 | +€5,403 | +697.2% |
| Tangible fixed assets | 22/27 | €619 | €6,022 | +€5,403 | +872.9% |
| Land and buildings | 22 | - | €5,887 | +€5,887 | |
| Plant, machinery and equipment | 23 | €499 | €135 | -€364 | -72.9% |
| Furniture and vehicles | 24 | €120 | - | -€120 | |
| Financial fixed assets | 28 | €156 | €156 | = | 0.0% |
| Current assets | 29/58 | €351,793 | €307,352 | -€44,441 | -12.6% |
| Amounts receivable within one year | 40/41 | €135,996 | €92,597 | -€43,399 | -31.9% |
| Trade receivables | 40 | €132,996 | €92,597 | -€40,399 | -30.4% |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €215,367 | €212,053 | -€3,314 | -1.5% |
| Deferred charges and accrued income | 490/1 | €430 | €2,702 | +€2,272 | +528.4% |
| Total equity and liabilities | 10/49 | €352,568 | €313,530 | -€39,038 | -11.1% |
| Equity | 10/15 | €252,008 | €241,737 | -€10,271 | -4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €205,396 | €195,121 | -€10,275 | -5.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,812 | €13,812 | = | 0.0% |
| Distributable reserves | 133 | €189,725 | €179,450 | -€10,275 | -5.4% |
| Profit (loss) carried forward | 14 | €40,412 | €40,416 | +€4 | 0.0% |
| Amounts payable | 17/49 | €100,560 | €71,793 | -€28,767 | -28.6% |
| Amounts payable within one year | 42/48 | €100,560 | €69,626 | -€30,934 | -30.8% |
| Trade debts | 44 | - | €2,486 | +€2,486 | |
| Suppliers | 440/4 | - | €2,486 | +€2,486 | |
| Taxes, remuneration and social security | 45 | €47,519 | €22,129 | -€25,390 | -53.4% |
| Taxes | 450/3 | €41,089 | €15,472 | -€25,617 | -62.3% |
| Remuneration and social security | 454/9 | €6,430 | €6,657 | +€227 | +3.5% |
| Other amounts payable | 47/48 | €53,041 | €45,011 | -€8,030 | -15.1% |
| Accrued charges and deferred income | 492/3 | - | €2,167 | +€2,167 | |
| Remuneration, social security and pensions | 62 | €51,286 | €55,700 | +€4,414 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,870 | €747 | -€1,123 | -60.1% |
| Other operating charges | 640/8 | €170 | €267 | +€97 | +57.1% |
| Gross operating margin | 9900 | €83,473 | €110,535 | +€27,062 | +32.4% |
| Operating profit (loss) | 9901 | €30,147 | €53,821 | +€23,674 | +78.5% |
| Financial income | 75/76B | €14,713 | €662 | -€14,051 | -95.5% |
| Recurring financial income | 75 | €14,713 | €662 | -€14,051 | -95.5% |
| Financial charges | 65/66B | €22,503 | €5,492 | -€17,011 | -75.6% |
| Recurring financial charges | 65 | €22,503 | €5,492 | -€17,011 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €22,357 | €48,991 | +€26,634 | +119.1% |
| Income taxes | 67/77 | €8,091 | €14,562 | +€6,471 | +80.0% |
| Profit (loss) for the period | 9904 | €14,266 | €34,429 | +€20,163 | +141.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,266 | €34,429 | +€20,163 | +141.3% |
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 29 September 2026 via checked.be.