CS Raamconstructies: 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.
What changed
CS Raamconstructies
NACE 16.230, Manufacture of other builders' carpentry and joinery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.9m
2024 · €1.8m+€103,831
Equity
€4.3m
2024 · €3.9m+€366,675
Cash
€342,151
2024 · €16,633+€325,518
Balance sheet total
€17.6m
2024 · €17.7m-€158,949
Largest movements
Assets
- Tangible fixed assets -€849,789
down €849,789 (-8.0%), from €10.6m to €9.7m
of which Leasing and similar rights: -€766,649
- Receivables within one year +€359,062
up €359,062 (+6.6%), from €5.4m to €5.8m
of which Trade receivables: +€823,495
- Cash +€325,518
up €325,518 (+1957.1%), from €16,633 to €342,151
mainly Net result for the year (+€1.9m) and Depreciation (+€1.1m)
Equity and liabilities
- Debts after one year -€829,738
down €829,738 (-9.2%), from €9.0m to €8.2m
- Reserves +€362,844
up €362,844 (+13.6%), from €2.7m to €3.0m
of which Distributable reserves: +€362,844
Income statement
- Turnover +€851,426
up €851,426 (+3.7%), from €23.2m to €24.0m
- Goods and materials +€568,257
up €568,257 (+4.0%), from €14.4m to €14.9m
of which Purchases: +€657,928
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.
Result 2024
€1.8m
Turnover
+€851,426
Other operating income
+€20,621
Goods and materials
-€568,257
Services and other goods
-€153,724
Staff costs
+€31,919
Depreciation
+€15,502
Other operating charges
-€37,036
Other operating items
-€40,839
Financial income
-€3,681
Financial charges
+€32,076
Taxes
-€44,174
Result 2025
€1.9m
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.
From operations
+€2.8m
Investment
-€231,763
Financing
-€2.3m
Cash 2024
€16,633
From operations (derived)
+€2.8m
Net result for the year
+€1.9m
Depreciation
+€1.1m
Stocks and contracts
-€87,513
Receivables within one year
-€359,062
Deferred charges and accrued income
+€13,731
Trade debts
+€79,012
Tax, wage and social debts
+€53,500
Other debts
+€100,000
Investment (derived)
-€231,763
Investment in fixed assets (net)
-€231,763
Financing
-€2.3m
Debts after one year
-€829,738
Current portion of long-term debt
+€63,847
Short-term financial debts
+€7,754
Contributions, distributions and other
-€1.5m
Cash 2025
€342,151
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,732,541 | €17,573,592 | -€158,949 | -0.9% |
| Formation expenses | 20 | €53,217 | - | -€53,217 | |
| Fixed assets | 21/28 | €10,635,945 | €9,771,851 | -€864,093 | -8.1% |
| Intangible fixed assets | 21 | €3,120 | - | -€3,120 | |
| Tangible fixed assets | 22/27 | €10,563,668 | €9,713,880 | -€849,789 | -8.0% |
| Land and buildings | 22 | €381,997 | €345,478 | -€36,519 | -9.6% |
| Plant, machinery and equipment | 23 | €188,835 | €166,246 | -€22,589 | -12.0% |
| Furniture and vehicles | 24 | €49,692 | €34,080 | -€15,611 | -31.4% |
| Leasing and similar rights | 25 | €9,920,829 | €9,154,180 | -€766,649 | -7.7% |
| Other tangible fixed assets | 26 | €22,315 | €13,895 | -€8,420 | -37.7% |
| Financial fixed assets | 28 | €69,156 | €57,972 | -€11,184 | -16.2% |
| Other financial fixed assets | 284/8 | €69,156 | €57,972 | -€11,184 | -16.2% |
| Shares | 284 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €64,156 | €52,972 | -€11,184 | -17.4% |
| Current assets | 29/58 | €7,043,378 | €7,801,740 | +€758,362 | +10.8% |
| Stocks and contracts in progress | 3 | €1,491,696 | €1,579,209 | +€87,513 | +5.9% |
| Stocks | 30/36 | €1,009,692 | €1,064,908 | +€55,216 | +5.5% |
| Goods purchased for resale | 34 | €1,009,692 | €1,064,908 | +€55,216 | +5.5% |
| Contracts in progress | 37 | €482,005 | €514,301 | +€32,297 | +6.7% |
| Amounts receivable within one year | 40/41 | €5,439,853 | €5,798,915 | +€359,062 | +6.6% |
| Trade receivables | 40 | €3,366,041 | €4,189,536 | +€823,495 | +24.5% |
| Other amounts receivable | 41 | €2,073,812 | €1,609,379 | -€464,433 | -22.4% |
| Cash at bank and in hand | 54/58 | €16,633 | €342,151 | +€325,518 | +1957.1% |
| Deferred charges and accrued income | 490/1 | €95,196 | €81,465 | -€13,731 | -14.4% |
| Total equity and liabilities | 10/49 | €17,732,541 | €17,573,592 | -€158,949 | -0.9% |
| Equity | 10/15 | €3,929,281 | €4,295,956 | +€366,675 | +9.3% |
| Contributions | 10/11 | €896,500 | €896,500 | = | 0.0% |
| Capital | 10 | €896,500 | €896,500 | = | 0.0% |
| Issued capital | 100 | €896,500 | €896,500 | = | 0.0% |
| Reserves | 13 | €2,669,937 | €3,032,781 | +€362,844 | +13.6% |
| Non-distributable reserves | 130/1 | €89,650 | €89,650 | = | 0.0% |
| Legal reserve | 130 | €89,650 | €89,650 | = | 0.0% |
| Distributable reserves | 133 | €2,580,287 | €2,943,131 | +€362,844 | +14.1% |
| Profit (loss) carried forward | 14 | €362,844 | €366,675 | +€3,831 | +1.1% |
| Amounts payable | 17/49 | €13,803,259 | €13,277,635 | -€525,624 | -3.8% |
| Amounts payable after more than one year | 17 | €9,049,208 | €8,219,470 | -€829,738 | -9.2% |
| Financial debts | 170/4 | €9,049,208 | €8,219,470 | -€829,738 | -9.2% |
| Leasing and similar obligations | 172 | €9,028,640 | €8,213,359 | -€815,281 | -9.0% |
| Credit institutions | 173 | €20,567 | €6,111 | -€14,456 | -70.3% |
| Amounts payable within one year | 42/48 | €4,754,052 | €5,058,165 | +€304,113 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €932,478 | €996,325 | +€63,847 | +6.8% |
| Financial debts | 43 | €118,394 | €126,149 | +€7,754 | +6.5% |
| Credit institutions | 430/8 | €118,394 | €126,149 | +€7,754 | +6.5% |
| Trade debts | 44 | €1,469,966 | €1,548,978 | +€79,012 | +5.4% |
| Suppliers | 440/4 | €1,469,966 | €1,548,978 | +€79,012 | +5.4% |
| Taxes, remuneration and social security | 45 | €833,214 | €886,714 | +€53,500 | +6.4% |
| Taxes | 450/3 | €259,627 | €321,566 | +€61,939 | +23.9% |
| Remuneration and social security | 454/9 | €573,587 | €565,148 | -€8,439 | -1.5% |
| Other amounts payable | 47/48 | €1,400,000 | €1,500,000 | +€100,000 | +7.1% |
| Operating income | 70/76A | €23,264,391 | €24,095,598 | +€831,208 | +3.6% |
| Turnover | 70 | €23,177,842 | €24,029,268 | +€851,426 | +3.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €73,136 | €32,297 | -€40,839 | -55.8% |
| Other operating income | 74 | €13,413 | €34,033 | +€20,621 | +153.7% |
| Operating charges | 60/66A | €20,871,332 | €21,582,929 | +€711,597 | +3.4% |
| Goods for resale, raw materials and consumables | 60 | €14,371,977 | €14,940,233 | +€568,257 | +4.0% |
| Purchases | 600/8 | €14,337,522 | €14,995,450 | +€657,928 | +4.6% |
| Change in stocks: decrease (increase) | 609 | €34,455 | -€55,216 | -€89,671 | |
| Services and other goods | 61 | €1,886,416 | €2,040,140 | +€153,724 | +8.1% |
| Remuneration, social security and pensions | 62 | €3,419,691 | €3,387,772 | -€31,919 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,164,575 | €1,149,074 | -€15,502 | -1.3% |
| Other operating charges | 640/8 | €28,674 | €65,709 | +€37,036 | +129.2% |
| Operating profit (loss) | 9901 | €2,393,059 | €2,512,670 | +€119,611 | +5.0% |
| Financial income | 75/76B | €153,034 | €149,353 | -€3,681 | -2.4% |
| Recurring financial income | 75 | €153,034 | €149,353 | -€3,681 | -2.4% |
| Income from current assets | 751 | €52,303 | €42,451 | -€9,852 | -18.8% |
| Other financial income | 752/9 | €100,731 | €106,902 | +€6,171 | +6.1% |
| Financial charges | 65/66B | €290,134 | €258,058 | -€32,076 | -11.1% |
| Recurring financial charges | 65 | €290,134 | €258,058 | -€32,076 | -11.1% |
| Debt charges | 650 | €256,487 | €230,159 | -€26,328 | -10.3% |
| Other financial charges | 652/9 | €33,647 | €27,899 | -€5,748 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €2,255,959 | €2,403,965 | +€148,006 | +6.6% |
| Income taxes | 67/77 | €493,116 | €537,290 | +€44,174 | +9.0% |
| Taxes | 670/3 | €493,116 | €537,290 | +€44,174 | +9.0% |
| Profit (loss) for the period | 9904 | €1,762,844 | €1,866,675 | +€103,831 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,762,844 | €1,866,675 | +€103,831 | +5.9% |
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 8 October 2026 via checked.be.