CS Gestion: 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 Gestion
Largest movements
- Receivables within one year -€14,965
down €14,965 (-97.9%), from €15,291 to €326
of which Trade receivables: -€15,000
- Cash -€4,813
no longer reported in 2025 (was €4,813)
mainly Contributions, distributions and other (-€125,000) and Debts after one year (-€42,780)
- Other debts +€86,250
up €86,250 (+246.4%), from €35,000 to €121,250
- Profit (loss) carried forward -€65,197
down €65,197 (-37.7%), from €173,012 to €107,815
- Debts after one year -€42,780
down €42,780 (-42.6%), from €100,363 to €57,583
- Trade debts +€8,985
new in 2025: €8,985
- Tax, wage and social debts -€8,871
no longer reported in 2025 (was €8,871)
- Gross operating margin -€10,713
down €10,713 (-11.6%), from €92,144 to €81,431
- Taxes -€2,035
down €2,035 (-10.8%), from €18,871 to €16,837
- Financial charges -€1,224
down €1,224 (-21.4%), from €5,720 to €4,496
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 | €370,147 | €350,369 | -€19,778 | -5.3% |
| Fixed assets | 21/28 | €350,043 | €350,043 | = | 0.0% |
| Financial fixed assets | 28 | €350,043 | €350,043 | = | 0.0% |
| Current assets | 29/58 | €20,104 | €326 | -€19,778 | -98.4% |
| Amounts receivable within one year | 40/41 | €15,291 | €326 | -€14,965 | -97.9% |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 41 | €291 | €326 | +€35 | +12.0% |
| Cash at bank and in hand | 54/58 | €4,813 | - | -€4,813 | |
| Total equity and liabilities | 10/49 | €370,147 | €350,369 | -€19,778 | -5.3% |
| Equity | 10/15 | €178,012 | €112,815 | -€65,197 | -36.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,012 | €107,815 | -€65,197 | -37.7% |
| Amounts payable | 17/49 | €192,135 | €237,555 | +€45,419 | +23.6% |
| Amounts payable after more than one year | 17 | €100,363 | €57,583 | -€42,780 | -42.6% |
| Financial debts | 170/4 | €100,363 | €57,583 | -€42,780 | -42.6% |
| Amounts payable within one year | 42/48 | €91,052 | €179,971 | +€88,919 | +97.7% |
| Current portion of amounts payable after more than one year | 42 | €47,181 | €46,558 | -€623 | -1.3% |
| Financial debts | 43 | - | €3,179 | +€3,179 | |
| Credit institutions | 430/8 | - | €3,179 | +€3,179 | |
| Trade debts | 44 | - | €8,985 | +€8,985 | |
| Suppliers | 440/4 | - | €8,985 | +€8,985 | |
| Taxes, remuneration and social security | 45 | €8,871 | - | -€8,871 | |
| Taxes | 450/3 | €8,871 | - | -€8,871 | |
| Other amounts payable | 47/48 | €35,000 | €121,250 | +€86,250 | +246.4% |
| Accrued charges and deferred income | 492/3 | €720 | - | -€720 | |
| Other operating charges | 640/8 | €1,193 | €295 | -€898 | -75.3% |
| Gross operating margin | 9900 | €92,144 | €81,431 | -€10,713 | -11.6% |
| Operating profit (loss) | 9901 | €90,951 | €81,136 | -€9,816 | -10.8% |
| Financial charges | 65/66B | €5,720 | €4,496 | -€1,224 | -21.4% |
| Recurring financial charges | 65 | €5,720 | €4,496 | -€1,224 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €85,231 | €76,640 | -€8,592 | -10.1% |
| Income taxes | 67/77 | €18,871 | €16,837 | -€2,035 | -10.8% |
| Profit (loss) for the period | 9904 | €66,360 | €59,803 | -€6,557 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,360 | €59,803 | -€6,557 | -9.9% |
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.