CS RESINE: 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 RESINE
Largest movements
- Receivables within one year -€22,134
down €22,134 (-47.9%), from €46,204 to €24,070
of which Trade receivables: -€22,590
- Cash +€15,873
up €15,873 (+84.0%), from €18,901 to €34,775
mainly Net result for the year (+€28,945) and Receivables within one year (+€22,134)
- Tangible fixed assets -€687
down €687 (-33.4%), from €2,059 to €1,372
of which Plant, machinery and equipment: -€538
- Tax, wage and social debts +€15,813
up €15,813 (+229%), from €6,912 to €22,725
- Current portion of long-term debt -€15,276
no longer reported in 2025 (was €15,276)
- Trade debts -€6,567
down €6,567 (-73.1%), from €8,978 to €2,411
- Financial income +€4,126
up €4,126 (+364%), from €1,133 to €5,260
- Gross operating margin +€3,796
up €3,796 (+10.5%), from €36,123 to €39,920
- Taxes +€2,836
up €2,836 (+31.5%), from €9,019 to €11,855
- Financial charges -€1,060
down €1,060 (-34.2%), from €3,100 to €2,040
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 | €67,765 | €61,173 | -€6,592 | -9.7% |
| Fixed assets | 21/28 | €2,059 | €1,372 | -€687 | -33.4% |
| Tangible fixed assets | 22/27 | €2,059 | €1,372 | -€687 | -33.4% |
| Plant, machinery and equipment | 23 | €1,832 | €1,294 | -€538 | -29.4% |
| Furniture and vehicles | 24 | €227 | €79 | -€149 | -65.4% |
| Current assets | 29/58 | €65,706 | €59,801 | -€5,906 | -9.0% |
| Amounts receivable within one year | 40/41 | €46,204 | €24,070 | -€22,134 | -47.9% |
| Trade receivables | 40 | €29,242 | €6,652 | -€22,590 | -77.3% |
| Other amounts receivable | 41 | €16,962 | €17,418 | +€456 | +2.7% |
| Cash at bank and in hand | 54/58 | €18,901 | €34,775 | +€15,873 | +84.0% |
| Deferred charges and accrued income | 490/1 | €601 | €956 | +€355 | +59.1% |
| Total equity and liabilities | 10/49 | €67,765 | €61,173 | -€6,592 | -9.7% |
| Equity | 10/15 | €36,037 | €36,037 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,437 | €17,437 | = | 0.0% |
| Distributable reserves | 133 | €17,437 | €17,437 | = | 0.0% |
| Amounts payable | 17/49 | €31,728 | €25,136 | -€6,592 | -20.8% |
| Amounts payable within one year | 42/48 | €31,728 | €25,136 | -€6,592 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €15,276 | - | -€15,276 | |
| Trade debts | 44 | €8,978 | €2,411 | -€6,567 | -73.1% |
| Suppliers | 440/4 | €8,978 | €2,411 | -€6,567 | -73.1% |
| Taxes, remuneration and social security | 45 | €6,912 | €22,725 | +€15,813 | +229% |
| Taxes | 450/3 | €6,912 | €22,725 | +€15,813 | +229% |
| Other amounts payable | 47/48 | €563 | - | -€563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €687 | +€205 | +42.6% |
| Other operating charges | 640/8 | €1,616 | €1,653 | +€37 | +2.3% |
| Gross operating margin | 9900 | €36,123 | €39,920 | +€3,796 | +10.5% |
| Operating profit (loss) | 9901 | €34,026 | €37,580 | +€3,554 | +10.4% |
| Financial income | 75/76B | €1,133 | €5,260 | +€4,126 | +364% |
| Recurring financial income | 75 | €1,133 | €5,260 | +€4,126 | +364% |
| Financial charges | 65/66B | €3,100 | €2,040 | -€1,060 | -34.2% |
| Recurring financial charges | 65 | €3,100 | €2,040 | -€1,060 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €32,059 | €40,800 | +€8,740 | +27.3% |
| Income taxes | 67/77 | €9,019 | €11,855 | +€2,836 | +31.5% |
| Profit (loss) for the period | 9904 | €23,041 | €28,945 | +€5,904 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,041 | €28,945 | +€5,904 | +25.6% |
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 20 October 2026 via checked.be.