CS2L: 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.
CS2L
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+231.2%), from €474,627 to €1.6m
- Receivables within one year +€127,912
up €127,912 (+3545.5%), from €3,608 to €131,519
of which Trade receivables: +€124,169
- Debts after one year +€1.0m
up €1.0m (+211.8%), from €475,065 to €1.5m
- Trade debts +€157,143
up €157,143 (+1192.2%), from €13,181 to €170,323
- Reserves +€53,700
new in 2024: €53,700
- Tax, wage and social debts +€20,428
new in 2024: €20,428
- Gross operating margin +€82,964
up €82,964, from -€2,056 to €80,909
- Taxes +€20,370
new in 2024: €20,370
- Financial income +€985
new in 2024: €985
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,056 | €1,727,504 | +€1.2m | +256.9% |
| Current assets | 29/58 | €484,056 | €1,727,504 | +€1.2m | +256.9% |
| Stocks and contracts in progress | 3 | €474,627 | €1,571,937 | +€1.1m | +231.2% |
| Stocks | 30/36 | €474,627 | €1,571,937 | +€1.1m | +231.2% |
| Amounts receivable within one year | 40/41 | €3,608 | €131,519 | +€127,912 | +3545.5% |
| Trade receivables | 40 | €1,867 | €126,037 | +€124,169 | +6649.9% |
| Other amounts receivable | 41 | €1,740 | €5,483 | +€3,742 | +215.0% |
| Cash at bank and in hand | 54/58 | €5,821 | €23,018 | +€17,197 | +295.4% |
| Deferred charges and accrued income | 490/1 | - | €1,030 | +€1,030 | |
| Total equity and liabilities | 10/49 | €484,056 | €1,727,504 | +€1.2m | +256.9% |
| Equity | 10/15 | -€6,226 | €54,784 | +€61,010 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €53,700 | +€53,700 | |
| Distributable reserves | 133 | - | €53,700 | +€53,700 | |
| Profit (loss) carried forward | 14 | -€7,226 | €84 | +€7,310 | |
| Amounts payable | 17/49 | €490,282 | €1,672,720 | +€1.2m | +241.2% |
| Amounts payable after more than one year | 17 | €475,065 | €1,481,269 | +€1.0m | +211.8% |
| Financial debts | 170/4 | €475,065 | €1,481,269 | +€1.0m | +211.8% |
| Amounts payable within one year | 42/48 | €15,217 | €191,451 | +€176,234 | +1158.2% |
| Trade debts | 44 | €13,181 | €170,323 | +€157,143 | +1192.2% |
| Suppliers | 440/4 | €13,181 | €170,323 | +€157,143 | +1192.2% |
| Taxes, remuneration and social security | 45 | - | €20,428 | +€20,428 | |
| Taxes | 450/3 | - | €20,428 | +€20,428 | |
| Other amounts payable | 47/48 | €2,036 | €700 | -€1,336 | -65.6% |
| Other operating charges | 640/8 | - | €367 | +€367 | |
| Gross operating margin | 9900 | -€2,056 | €80,909 | +€82,964 | |
| Operating profit (loss) | 9901 | -€2,056 | €80,541 | +€82,597 | |
| Financial income | 75/76B | - | €985 | +€985 | |
| Recurring financial income | 75 | - | €985 | +€985 | |
| Financial charges | 65/66B | €42 | €147 | +€105 | +248.9% |
| Recurring financial charges | 65 | €42 | €147 | +€105 | +248.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,098 | €81,380 | +€83,478 | |
| Income taxes | 67/77 | - | €20,370 | +€20,370 | |
| Profit (loss) for the period | 9904 | -€2,098 | €61,010 | +€63,108 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,098 | €61,010 | +€63,108 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.