CSB MindFormance: 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.
CSB MindFormance
Largest movements
- Tangible fixed assets -€4,698
down €4,698 (-32.0%), from €14,667 to €9,970
of which Furniture and vehicles: -€2,467
- Receivables within one year +€2,442
up €2,442 (+119%), from €2,051 to €4,493
of which Trade receivables: +€2,441
- Cash -€1,381
down €1,381 (-41.8%), from €3,307 to €1,926
mainly Net result for the year (-€22,518) and Debts after one year (-€2,491)
- Stocks and contracts +€964
up €964 (+72.2%), from €1,336 to €2,300
- Profit (loss) carried forward -€22,518
down €22,518 (-95.6%), from -€23,551 to -€46,069
- Other debts +€9,090
up €9,090 (+40.1%), from €22,691 to €31,781
- Tax, wage and social debts +€8,190
up €8,190 (+161%), from €5,074 to €13,264
of which Taxes: +€7,149
- Trade debts +€4,948
up €4,948 (+76.2%), from €6,498 to €11,446
- Debts after one year -€2,491
down €2,491 (-43.2%), from €5,767 to €3,276
- Gross operating margin +€18,096
up €18,096, from -€15,156 to €2,940
- Staff costs +€15,766
up €15,766 (+4,337%), from €364 to €16,130
- Other operating charges -€666
down €666 (-23.2%), from €2,870 to €2,204
- Depreciation +€574
up €574 (+13.9%), from €4,123 to €4,698
- Financial charges +€566
up €566 (+54.5%), from €1,038 to €1,604
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 | €21,360 | €18,689 | -€2,672 | -12.5% |
| Fixed assets | 21/28 | €14,667 | €9,970 | -€4,698 | -32.0% |
| Tangible fixed assets | 22/27 | €14,667 | €9,970 | -€4,698 | -32.0% |
| Plant, machinery and equipment | 23 | €264 | €176 | -€88 | -33.3% |
| Furniture and vehicles | 24 | €7,977 | €5,510 | -€2,467 | -30.9% |
| Other tangible fixed assets | 26 | €6,426 | €4,283 | -€2,143 | -33.3% |
| Current assets | 29/58 | €6,693 | €8,719 | +€2,026 | +30.3% |
| Stocks and contracts in progress | 3 | €1,336 | €2,300 | +€964 | +72.2% |
| Stocks | 30/36 | €1,336 | €2,300 | +€964 | +72.2% |
| Amounts receivable within one year | 40/41 | €2,051 | €4,493 | +€2,442 | +119% |
| Trade receivables | 40 | €2,028 | €4,469 | +€2,441 | +120% |
| Other amounts receivable | 41 | €23 | €25 | +€2 | +6.5% |
| Cash at bank and in hand | 54/58 | €3,307 | €1,926 | -€1,381 | -41.8% |
| Total equity and liabilities | 10/49 | €21,360 | €18,689 | -€2,672 | -12.5% |
| Equity | 10/15 | -€21,051 | -€43,569 | -€22,518 | -107% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,551 | -€46,069 | -€22,518 | -95.6% |
| Amounts payable | 17/49 | €42,411 | €62,257 | +€19,846 | +46.8% |
| Amounts payable after more than one year | 17 | €5,767 | €3,276 | -€2,491 | -43.2% |
| Financial debts | 170/4 | €5,767 | €3,276 | -€2,491 | -43.2% |
| Amounts payable within one year | 42/48 | €36,644 | €58,981 | +€22,337 | +61.0% |
| Current portion of amounts payable after more than one year | 42 | €2,382 | €2,491 | +€109 | +4.6% |
| Trade debts | 44 | €6,498 | €11,446 | +€4,948 | +76.2% |
| Suppliers | 440/4 | €6,498 | €11,446 | +€4,948 | +76.2% |
| Taxes, remuneration and social security | 45 | €5,074 | €13,264 | +€8,190 | +161% |
| Taxes | 450/3 | €3,050 | €10,199 | +€7,149 | +234% |
| Remuneration and social security | 454/9 | €2,023 | €3,064 | +€1,041 | +51.5% |
| Other amounts payable | 47/48 | €22,691 | €31,781 | +€9,090 | +40.1% |
| Remuneration, social security and pensions | 62 | €364 | €16,130 | +€15,766 | +4,337% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,123 | €4,698 | +€574 | +13.9% |
| Other operating charges | 640/8 | €2,870 | €2,204 | -€666 | -23.2% |
| Non-recurring operating charges | 66A | - | €871 | +€871 | |
| Gross operating margin | 9900 | -€15,156 | €2,940 | +€18,096 | |
| Operating profit (loss) | 9901 | -€22,513 | -€20,963 | +€1,550 | +6.9% |
| Financial income | 75/76B | €0 | €50 | +€49 | +164,900% |
| Recurring financial income | 75 | €0 | €50 | +€49 | +164,900% |
| Financial charges | 65/66B | €1,038 | €1,604 | +€566 | +54.5% |
| Recurring financial charges | 65 | €1,038 | €1,604 | +€566 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,551 | -€22,518 | +€1,033 | +4.4% |
| Profit (loss) for the period | 9904 | -€23,551 | -€22,518 | +€1,033 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,551 | -€22,518 | +€1,033 | +4.4% |
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 17 October 2026 via checked.be.