CS CONSULTING: 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.
CS CONSULTING
Largest movements
- Receivables within one year +€233,418
up €233,418 (+19.8%), from €1.2m to €1.4m
of which Other amounts receivable: +€252,974
- Tangible fixed assets -€89,415
down €89,415 (-6.4%), from €1.4m to €1.3m
of which Land and buildings: -€55,070
- Other debts +€357,734
up €357,734 (+582%), from €61,466 to €419,200
- Debts after one year -€72,936
down €72,936 (-4.6%), from €1.6m to €1.5m
- Accrued charges and deferred income -€60,918
down €60,918 (-36.0%), from €169,234 to €108,316
- Current portion of long-term debt -€57,321
down €57,321 (-41.2%), from €139,102 to €81,781
- Depreciation -€67,657
down €67,657 (-45.4%), from €149,047 to €81,390
- Financial income -€58,580
down €58,580 (-37.5%), from €156,196 to €97,616
of which Non-recurring financial income: -€73,993
- Gross operating margin +€34,288
up €34,288 (+32.4%), from €105,760 to €140,048
- Financial charges +€16,661
up €16,661 (+14.4%), from €115,878 to €132,540
- Other operating charges +€2,361
up €2,361 (+136%), from €1,741 to €4,103
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 | €3,681,052 | €3,852,419 | +€171,367 | +4.7% |
| Fixed assets | 21/28 | €2,408,835 | €2,319,419 | -€89,415 | -3.7% |
| Tangible fixed assets | 22/27 | €1,393,835 | €1,304,419 | -€89,415 | -6.4% |
| Land and buildings | 22 | €1,243,185 | €1,188,115 | -€55,070 | -4.4% |
| Plant, machinery and equipment | 23 | - | €6,864 | +€6,864 | |
| Furniture and vehicles | 24 | €150,649 | €109,440 | -€41,210 | -27.4% |
| Financial fixed assets | 28 | €1,015,000 | €1,015,000 | = | 0.0% |
| Current assets | 29/58 | €1,272,218 | €1,533,000 | +€260,782 | +20.5% |
| Amounts receivable within one year | 40/41 | €1,181,522 | €1,414,940 | +€233,418 | +19.8% |
| Trade receivables | 40 | €31,556 | €12,000 | -€19,556 | -62.0% |
| Other amounts receivable | 41 | €1,149,966 | €1,402,940 | +€252,974 | +22.0% |
| Cash at bank and in hand | 54/58 | €16,351 | €18,630 | +€2,278 | +13.9% |
| Deferred charges and accrued income | 490/1 | €74,344 | €99,430 | +€25,086 | +33.7% |
| Total equity and liabilities | 10/49 | €3,681,052 | €3,852,419 | +€171,367 | +4.7% |
| Equity | 10/15 | €1,702,056 | €1,711,060 | +€9,005 | +0.5% |
| Contributions | 10/11 | €1,350,000 | €1,350,000 | = | 0.0% |
| Reserves | 13 | €359,495 | €361,060 | +€1,565 | +0.4% |
| Distributable reserves | 133 | €359,495 | €361,060 | +€1,565 | +0.4% |
| Profit (loss) carried forward | 14 | -€7,439 | €0 | +€7,439 | |
| Amounts payable | 17/49 | €1,978,996 | €2,141,358 | +€162,362 | +8.2% |
| Amounts payable after more than one year | 17 | €1,587,762 | €1,514,826 | -€72,936 | -4.6% |
| Financial debts | 170/4 | €1,587,762 | €1,514,826 | -€72,936 | -4.6% |
| Amounts payable within one year | 42/48 | €222,000 | €518,216 | +€296,216 | +133% |
| Current portion of amounts payable after more than one year | 42 | €139,102 | €81,781 | -€57,321 | -41.2% |
| Trade debts | 44 | €9,547 | €5,109 | -€4,439 | -46.5% |
| Suppliers | 440/4 | €9,547 | €5,109 | -€4,439 | -46.5% |
| Taxes, remuneration and social security | 45 | €11,885 | €12,127 | +€242 | +2.0% |
| Taxes | 450/3 | €11,885 | €12,127 | +€242 | +2.0% |
| Other amounts payable | 47/48 | €61,466 | €419,200 | +€357,734 | +582% |
| Accrued charges and deferred income | 492/3 | €169,234 | €108,316 | -€60,918 | -36.0% |
| Non-recurring operating income | 76A | €13,000 | €66,990 | +€53,990 | +415% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,047 | €81,390 | -€67,657 | -45.4% |
| Other operating charges | 640/8 | €1,741 | €4,103 | +€2,361 | +136% |
| Gross operating margin | 9900 | €105,760 | €140,048 | +€34,288 | +32.4% |
| Operating profit (loss) | 9901 | -€45,028 | €54,556 | +€99,584 | |
| Financial income | 75/76B | €156,196 | €97,616 | -€58,580 | -37.5% |
| Recurring financial income | 75 | €82,203 | €97,616 | +€15,413 | +18.7% |
| Non-recurring financial income | 76B | €73,993 | €0 | -€73,993 | -100% |
| Financial charges | 65/66B | €115,878 | €132,540 | +€16,661 | +14.4% |
| Recurring financial charges | 65 | €115,878 | €132,540 | +€16,661 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,710 | €19,633 | +€24,343 | |
| Income taxes | 67/77 | €10,976 | €10,628 | -€348 | -3.2% |
| Profit (loss) for the period | 9904 | -€15,686 | €9,005 | +€24,690 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,686 | €9,005 | +€24,690 |
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 13 October 2026 via checked.be.