CSB - Partners: 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 - Partners
Largest movements
- Cash -€150,288
down €150,288 (-39.5%), from €380,488 to €230,200
mainly Other debts (-€100,000) and Net result for the year (-€40,261)
- Tangible fixed assets -€20,666
down €20,666 (-7.2%), from €286,674 to €266,008
of which Land and buildings: -€19,237
- Other debts -€100,000
no longer reported in 2025 (was €100,000)
- Reserves -€38,750
down €38,750 (-61.0%), from €63,550 to €24,800
of which Distributable reserves: -€38,750
- Tax, wage and social debts -€25,763
down €25,763 (-80.5%), from €32,020 to €6,258
of which Taxes: -€25,138
- Gross operating margin -€213,438
down €213,438 (-80.0%), from €266,642 to €53,204
- Taxes -€25,138
no longer reported in 2025 (was €25,138)
- Staff costs -€6,141
down €6,141 (-13.6%), from €45,218 to €39,076
- Financial charges -€3,262
down €3,262 (-11.7%), from €27,895 to €24,633
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 | €667,162 | €496,208 | -€170,955 | -25.6% |
| Fixed assets | 21/28 | €286,674 | €266,008 | -€20,666 | -7.2% |
| Tangible fixed assets | 22/27 | €286,674 | €266,008 | -€20,666 | -7.2% |
| Land and buildings | 22 | €283,488 | €264,251 | -€19,237 | -6.8% |
| Plant, machinery and equipment | 23 | €1,896 | €1,616 | -€280 | -14.8% |
| Furniture and vehicles | 24 | €1,291 | €141 | -€1,149 | -89.1% |
| Current assets | 29/58 | €380,488 | €230,200 | -€150,288 | -39.5% |
| Cash at bank and in hand | 54/58 | €380,488 | €230,200 | -€150,288 | -39.5% |
| Total equity and liabilities | 10/49 | €667,162 | €496,208 | -€170,955 | -25.6% |
| Equity | 10/15 | €151,550 | €111,290 | -€40,261 | -26.6% |
| Contributions | 10/11 | €88,000 | €88,000 | = | 0.0% |
| Capital | 10 | €88,000 | €88,000 | = | 0.0% |
| Issued capital | 100 | €88,000 | €88,000 | = | 0.0% |
| Reserves | 13 | €63,550 | €24,800 | -€38,750 | -61.0% |
| Non-distributable reserves | 130/1 | €24,800 | €24,800 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Distributable reserves | 133 | €38,750 | - | -€38,750 | |
| Profit (loss) carried forward | 14 | - | -€1,510 | -€1,510 | |
| Amounts payable | 17/49 | €515,612 | €384,918 | -€130,694 | -25.3% |
| Amounts payable after more than one year | 17 | €347,000 | €347,000 | = | 0.0% |
| Financial debts | 170/4 | €347,000 | €347,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €140,782 | €12,950 | -€127,832 | -90.8% |
| Trade debts | 44 | €8,762 | €6,693 | -€2,069 | -23.6% |
| Suppliers | 440/4 | €8,762 | €6,693 | -€2,069 | -23.6% |
| Taxes, remuneration and social security | 45 | €32,020 | €6,258 | -€25,763 | -80.5% |
| Taxes | 450/3 | €25,138 | - | -€25,138 | |
| Remuneration and social security | 454/9 | €6,882 | €6,258 | -€624 | -9.1% |
| Other amounts payable | 47/48 | €100,000 | - | -€100,000 | |
| Accrued charges and deferred income | 492/3 | €27,829 | €24,967 | -€2,862 | -10.3% |
| Non-recurring operating income | 76A | €242,033 | - | -€242,033 | |
| Remuneration, social security and pensions | 62 | €45,218 | €39,076 | -€6,141 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,666 | €20,666 | = | 0.0% |
| Other operating charges | 640/8 | €9,531 | €9,316 | -€215 | -2.3% |
| Gross operating margin | 9900 | €266,642 | €53,204 | -€213,438 | -80.0% |
| Operating profit (loss) | 9901 | €191,227 | -€15,855 | -€207,082 | |
| Financial income | 75/76B | €0 | €227 | +€227 | +151,213% |
| Recurring financial income | 75 | €0 | €227 | +€227 | +151,213% |
| Financial charges | 65/66B | €27,895 | €24,633 | -€3,262 | -11.7% |
| Recurring financial charges | 65 | €27,895 | €24,633 | -€3,262 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €163,333 | -€40,261 | -€203,593 | |
| Income taxes | 67/77 | €25,138 | - | -€25,138 | |
| Profit (loss) for the period | 9904 | €138,194 | -€40,261 | -€178,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €138,194 | -€40,261 | -€178,455 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.