CSA SOFTWARE SERVICES: 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 SOFTWARE SERVICES
Largest movements
- Cash +€57,565
up €57,565 (+15.9%), from €361,632 to €419,197
mainly Other debts (+€79,475) and Net result for the year (+€63,916)
- Receivables within one year -€39,698
down €39,698 (-25.0%), from €158,702 to €119,003
of which Trade receivables: -€38,941
- Receivables after one year +€12,079
up €12,079 (+35.1%), from €34,384 to €46,463
- Other debts +€79,475
new in 2025: €79,475
- Reserves -€21,084
down €21,084 (-10.8%), from €195,860 to €174,776
of which Distributable reserves: -€21,084
- Tax, wage and social debts -€16,290
down €16,290 (-38.5%), from €42,363 to €26,073
- Trade debts -€12,993
down €12,993 (-35.0%), from €37,131 to €24,139
- Gross operating margin -€24,794
down €24,794 (-18.2%), from €136,022 to €111,228
- Taxes -€6,946
down €6,946 (-14.1%), from €49,158 to €42,212
- Financial charges +€2,692
up €2,692 (+100%), from €2,691 to €5,382
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 | €559,833 | €588,942 | +€29,109 | +5.2% |
| Fixed assets | 21/28 | €5,115 | €4,278 | -€837 | -16.4% |
| Tangible fixed assets | 22/27 | €5,015 | €4,178 | -€837 | -16.7% |
| Furniture and vehicles | 24 | €5,015 | €4,178 | -€837 | -16.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €554,718 | €584,663 | +€29,946 | +5.4% |
| Amounts receivable after more than one year | 29 | €34,384 | €46,463 | +€12,079 | +35.1% |
| Other amounts receivable | 291 | €34,384 | €46,463 | +€12,079 | +35.1% |
| Amounts receivable within one year | 40/41 | €158,702 | €119,003 | -€39,698 | -25.0% |
| Trade receivables | 40 | €157,545 | €118,604 | -€38,941 | -24.7% |
| Other amounts receivable | 41 | €1,157 | €399 | -€758 | -65.5% |
| Cash at bank and in hand | 54/58 | €361,632 | €419,197 | +€57,565 | +15.9% |
| Total equity and liabilities | 10/49 | €559,833 | €588,942 | +€29,109 | +5.2% |
| Equity | 10/15 | €480,338 | €459,254 | -€21,084 | -4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €195,860 | €174,776 | -€21,084 | -10.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €194,000 | €172,916 | -€21,084 | -10.9% |
| Profit (loss) carried forward | 14 | €278,278 | €278,278 | = | 0.0% |
| Amounts payable | 17/49 | €79,495 | €129,687 | +€50,193 | +63.1% |
| Amounts payable within one year | 42/48 | €79,495 | €129,687 | +€50,193 | +63.1% |
| Trade debts | 44 | €37,131 | €24,139 | -€12,993 | -35.0% |
| Suppliers | 440/4 | €37,131 | €24,139 | -€12,993 | -35.0% |
| Taxes, remuneration and social security | 45 | €42,363 | €26,073 | -€16,290 | -38.5% |
| Taxes | 450/3 | €42,363 | €26,073 | -€16,290 | -38.5% |
| Other amounts payable | 47/48 | - | €79,475 | +€79,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837 | €837 | = | 0.0% |
| Other operating charges | 640/8 | €1,800 | €1,380 | -€420 | -23.3% |
| Gross operating margin | 9900 | €136,022 | €111,228 | -€24,794 | -18.2% |
| Operating profit (loss) | 9901 | €133,385 | €109,011 | -€24,374 | -18.3% |
| Financial income | 75/76B | €2,348 | €2,499 | +€151 | +6.4% |
| Recurring financial income | 75 | €2,348 | €2,499 | +€151 | +6.4% |
| Financial charges | 65/66B | €2,691 | €5,382 | +€2,692 | +100% |
| Recurring financial charges | 65 | €2,691 | €5,382 | +€2,692 | +100% |
| Profit (loss) for the period before taxes | 9903 | €133,043 | €106,128 | -€26,915 | -20.2% |
| Income taxes | 67/77 | €49,158 | €42,212 | -€6,946 | -14.1% |
| Profit (loss) for the period | 9904 | €83,885 | €63,916 | -€19,969 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,885 | €63,916 | -€19,969 | -23.8% |
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 23 October 2026 via checked.be.