CS Vloeren: 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 Vloeren
Largest movements
- Tangible fixed assets +€148,847
up €148,847 (+459%), from €32,423 to €181,270
of which Land and buildings: +€181,270
- Cash -€11,848
down €11,848 (-38.5%), from €30,762 to €18,915
mainly Investment in fixed assets (net) (-€158,907) and Current portion of long-term debt (-€4,961)
- Receivables within one year +€4,907
up €4,907 (+789%), from €622 to €5,529
of which Other amounts receivable: +€4,319
- Debts after one year +€119,226
up €119,226 (+592%), from €20,141 to €139,367
- Other debts +€17,628
new in 2025: €17,628
- Current portion of long-term debt -€4,961
down €4,961 (-48.4%), from €10,251 to €5,290
- Reserves +€3,765
up €3,765 (+18.6%), from €20,273 to €24,038
of which Distributable reserves: +€3,765
- Tax, wage and social debts +€3,150
up €3,150 (+154%), from €2,048 to €5,198
- Gross operating margin -€10,777
down €10,777 (-33.5%), from €32,144 to €21,367
- Financial charges +€3,554
up €3,554 (+239%), from €1,490 to €5,045
- Depreciation -€2,327
down €2,327 (-18.8%), from €12,387 to €10,060
- Taxes -€726
down €726 (-35.6%), from €2,039 to €1,313
- Other operating charges -€517
down €517 (-30.2%), from €1,712 to €1,195
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 | €64,713 | €206,238 | +€141,525 | +219% |
| Fixed assets | 21/28 | €32,423 | €181,270 | +€148,847 | +459% |
| Tangible fixed assets | 22/27 | €32,423 | €181,270 | +€148,847 | +459% |
| Land and buildings | 22 | - | €181,270 | +€181,270 | |
| Furniture and vehicles | 24 | €32,423 | - | -€32,423 | |
| Current assets | 29/58 | €32,290 | €24,968 | -€7,322 | -22.7% |
| Amounts receivable within one year | 40/41 | €622 | €5,529 | +€4,907 | +789% |
| Trade receivables | 40 | - | €588 | +€588 | |
| Other amounts receivable | 41 | €622 | €4,941 | +€4,319 | +695% |
| Cash at bank and in hand | 54/58 | €30,762 | €18,915 | -€11,848 | -38.5% |
| Deferred charges and accrued income | 490/1 | €906 | €524 | -€382 | -42.2% |
| Total equity and liabilities | 10/49 | €64,713 | €206,238 | +€141,525 | +219% |
| Equity | 10/15 | €32,273 | €36,038 | +€3,765 | +11.7% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €20,273 | €24,038 | +€3,765 | +18.6% |
| Non-distributable reserves | 130/1 | €16,428 | €16,428 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,428 | €16,428 | = | 0.0% |
| Distributable reserves | 133 | €3,845 | €7,610 | +€3,765 | +97.9% |
| Amounts payable | 17/49 | €32,440 | €170,200 | +€137,760 | +425% |
| Amounts payable after more than one year | 17 | €20,141 | €139,367 | +€119,226 | +592% |
| Financial debts | 170/4 | €20,141 | €139,367 | +€119,226 | +592% |
| Amounts payable within one year | 42/48 | €12,299 | €30,833 | +€18,535 | +151% |
| Current portion of amounts payable after more than one year | 42 | €10,251 | €5,290 | -€4,961 | -48.4% |
| Trade debts | 44 | - | €2,718 | +€2,718 | |
| Suppliers | 440/4 | - | €2,718 | +€2,718 | |
| Taxes, remuneration and social security | 45 | €2,048 | €5,198 | +€3,150 | +154% |
| Taxes | 450/3 | €2,048 | €5,198 | +€3,150 | +154% |
| Other amounts payable | 47/48 | - | €17,628 | +€17,628 | |
| Non-recurring operating income | 76A | - | €3,776 | +€3,776 | |
| Remuneration, social security and pensions | 62 | €313 | - | -€313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,387 | €10,060 | -€2,327 | -18.8% |
| Other operating charges | 640/8 | €1,712 | €1,195 | -€517 | -30.2% |
| Gross operating margin | 9900 | €32,144 | €21,367 | -€10,777 | -33.5% |
| Operating profit (loss) | 9901 | €17,732 | €10,112 | -€7,620 | -43.0% |
| Financial income | 75/76B | €36 | €11 | -€26 | -71.0% |
| Recurring financial income | 75 | €36 | €11 | -€26 | -71.0% |
| Financial charges | 65/66B | €1,490 | €5,045 | +€3,554 | +239% |
| Recurring financial charges | 65 | €1,490 | €5,045 | +€3,554 | +239% |
| Profit (loss) for the period before taxes | 9903 | €16,279 | €5,078 | -€11,201 | -68.8% |
| Income taxes | 67/77 | €2,039 | €1,313 | -€726 | -35.6% |
| Profit (loss) for the period | 9904 | €14,240 | €3,765 | -€10,475 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,240 | €3,765 | -€10,475 | -73.6% |
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 28 October 2026 via checked.be.