CSA Engineering: 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.
CSA Engineering
Largest movements
- Cash +€161,583
up €161,583 (+203.5%), from €79,415 to €240,999
mainly Net result for the year (+€138,192) and Tax, wage and social debts (+€26,796)
- Tangible fixed assets +€14,929
up €14,929 (+1000.1%), from €1,493 to €16,421
- Receivables within one year +€5,311
up €5,311 (+17.6%), from €30,128 to €35,439
of which Trade receivables: +€5,311
- Profit (loss) carried forward +€138,192
up €138,192 (+199.0%), from €69,444 to €207,637
- Tax, wage and social debts +€26,796
up €26,796 (+79.8%), from €33,594 to €60,390
- Trade debts +€17,482
up €17,482 (+338.6%), from €5,162 to €22,645
- Gross operating margin +€97,463
up €97,463 (+110.2%), from €88,482 to €185,945
- Taxes +€24,904
up €24,904 (+134.8%), from €18,476 to €43,380
- Depreciation +€2,252
up €2,252 (+1926.9%), from €117 to €2,369
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,036 | €293,487 | +€182,451 | +164.3% |
| Fixed assets | 21/28 | €1,493 | €16,421 | +€14,929 | +1000.1% |
| Tangible fixed assets | 22/27 | €1,493 | €16,421 | +€14,929 | +1000.1% |
| Furniture and vehicles | 24 | €1,493 | €16,421 | +€14,929 | +1000.1% |
| Current assets | 29/58 | €109,544 | €277,066 | +€167,523 | +152.9% |
| Amounts receivable within one year | 40/41 | €30,128 | €35,439 | +€5,311 | +17.6% |
| Trade receivables | 40 | €28,328 | €33,639 | +€5,311 | +18.7% |
| Other amounts receivable | 41 | €1,800 | €1,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,415 | €240,999 | +€161,583 | +203.5% |
| Deferred charges and accrued income | 490/1 | - | €628 | +€628 | |
| Total equity and liabilities | 10/49 | €111,036 | €293,487 | +€182,451 | +164.3% |
| Equity | 10/15 | €72,194 | €210,387 | +€138,192 | +191.4% |
| Contributions | 10/11 | €2,750 | €2,750 | = | 0.0% |
| Contributions outside capital | 11 | €2,750 | €2,750 | = | 0.0% |
| Other | 1109/19 | €2,750 | €2,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,444 | €207,637 | +€138,192 | +199.0% |
| Amounts payable | 17/49 | €38,842 | €83,101 | +€44,259 | +113.9% |
| Amounts payable within one year | 42/48 | €38,842 | €83,101 | +€44,259 | +113.9% |
| Trade debts | 44 | €5,162 | €22,645 | +€17,482 | +338.6% |
| Suppliers | 440/4 | €5,162 | €22,645 | +€17,482 | +338.6% |
| Taxes, remuneration and social security | 45 | €33,594 | €60,390 | +€26,796 | +79.8% |
| Taxes | 450/3 | €33,594 | €60,390 | +€26,796 | +79.8% |
| Other amounts payable | 47/48 | €86 | €66 | -€20 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | €2,369 | +€2,252 | +1926.9% |
| Other operating charges | 640/8 | €380 | €1,817 | +€1,437 | +378.0% |
| Gross operating margin | 9900 | €88,482 | €185,945 | +€97,463 | +110.2% |
| Operating profit (loss) | 9901 | €87,985 | €181,759 | +€93,774 | +106.6% |
| Financial income | 75/76B | €15 | €21 | +€6 | +36.8% |
| Recurring financial income | 75 | €15 | €21 | +€6 | +36.8% |
| Financial charges | 65/66B | €80 | €208 | +€128 | +158.8% |
| Recurring financial charges | 65 | €80 | €208 | +€128 | +158.8% |
| Profit (loss) for the period before taxes | 9903 | €87,920 | €181,572 | +€93,652 | +106.5% |
| Income taxes | 67/77 | €18,476 | €43,380 | +€24,904 | +134.8% |
| Profit (loss) for the period | 9904 | €69,444 | €138,192 | +€68,748 | +99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,444 | €138,192 | +€68,748 | +99.0% |
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 9 October 2026 via checked.be.