CS Projects: 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 Projects
Largest movements
- Receivables within one year +€46,528
up €46,528 (+37,626%), from €124 to €46,652
of which Other amounts receivable: +€32,442
- Cash -€1,126
down €1,126 (-51.3%), from €2,193 to €1,068
mainly Receivables within one year (-€46,528) and Other debts (-€978)
- Trade debts +€35,974
up €35,974 (+2,634%), from €1,366 to €37,339
- Tax, wage and social debts +€6,600
new in 2025: €6,600
- Profit (loss) carried forward +€2,937
up €2,937 (+15.8%), from -€18,627 to -€15,691
- Other debts -€978
no longer reported in 2025 (was €978)
- Accrued charges and deferred income +€871
new in 2025: €871
- Gross operating margin +€10,132
up €10,132, from -€3,327 to €6,805
- Other operating charges +€2,382
up €2,382 (+352%), from €676 to €3,057
- Financial charges +€629
up €629 (+196%), from €321 to €950
- Financial income +€140
new in 2025: €140
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 | €2,317 | €47,720 | +€45,403 | +1,960% |
| Current assets | 29/58 | €2,317 | €47,720 | +€45,403 | +1,960% |
| Amounts receivable within one year | 40/41 | €124 | €46,652 | +€46,528 | +37,626% |
| Trade receivables | 40 | - | €14,087 | +€14,087 | |
| Other amounts receivable | 41 | €124 | €32,565 | +€32,442 | +26,235% |
| Cash at bank and in hand | 54/58 | €2,193 | €1,068 | -€1,126 | -51.3% |
| Total equity and liabilities | 10/49 | €2,317 | €47,720 | +€45,403 | +1,960% |
| Equity | 10/15 | -€27 | €2,909 | +€2,937 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,627 | -€15,691 | +€2,937 | +15.8% |
| Amounts payable | 17/49 | €2,344 | €44,810 | +€42,466 | +1,812% |
| Amounts payable within one year | 42/48 | €2,344 | €43,940 | +€41,596 | +1,774% |
| Trade debts | 44 | €1,366 | €37,339 | +€35,974 | +2,634% |
| Suppliers | 440/4 | €1,366 | €37,339 | +€35,974 | +2,634% |
| Taxes, remuneration and social security | 45 | - | €6,600 | +€6,600 | |
| Taxes | 450/3 | - | €6,600 | +€6,600 | |
| Other amounts payable | 47/48 | €978 | - | -€978 | |
| Accrued charges and deferred income | 492/3 | - | €871 | +€871 | |
| Other operating charges | 640/8 | €676 | €3,057 | +€2,382 | +352% |
| Gross operating margin | 9900 | -€3,327 | €6,805 | +€10,132 | |
| Operating profit (loss) | 9901 | -€4,003 | €3,747 | +€7,751 | |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €321 | €950 | +€629 | +196% |
| Recurring financial charges | 65 | €321 | €950 | +€629 | +196% |
| Profit (loss) for the period before taxes | 9903 | -€4,324 | €2,937 | +€7,261 | |
| Profit (loss) for the period | 9904 | -€4,324 | €2,937 | +€7,261 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,324 | €2,937 | +€7,261 |
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.