CSC-E: 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.
CSC-E
Largest movements
- Receivables within one year +€9,491
up €9,491 (+45.8%), from €20,728 to €30,219
of which Trade receivables: +€7,759
- Cash +€7,941
up €7,941 (+1862.0%), from €426 to €8,367
mainly Net result for the year (+€10,815) and Tax, wage and social debts (+€6,898)
- Tangible fixed assets -€630
down €630 (-51.2%), from €1,230 to €600
of which Plant, machinery and equipment: -€630
- Profit (loss) carried forward +€10,815
up €10,815 (+89.0%), from -€12,149 to -€1,334
- Tax, wage and social debts +€6,898
up €6,898 (+60.6%), from €11,378 to €18,276
of which Taxes: +€6,898
- Trade debts -€634
down €634 (-7.3%), from €8,722 to €8,088
- Gross operating margin +€14,527
up €14,527 (+331.7%), from €4,380 to €18,907
- Taxes +€3,089
up €3,089 (+144.4%), from €2,139 to €5,228
- Depreciation -€3,077
down €3,077 (-83.0%), from €3,707 to €630
- Other operating charges +€667
up €667 (+66.9%), from €997 to €1,664
- Financial income -€329
down €329 (-100.0%), from €329 to €0
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 | €24,234 | €41,357 | +€17,123 | +70.7% |
| Fixed assets | 21/28 | €1,230 | €600 | -€630 | -51.2% |
| Tangible fixed assets | 22/27 | €1,230 | €600 | -€630 | -51.2% |
| Plant, machinery and equipment | 23 | €1,230 | €600 | -€630 | -51.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €23,004 | €40,757 | +€17,753 | +77.2% |
| Amounts receivable within one year | 40/41 | €20,728 | €30,219 | +€9,491 | +45.8% |
| Trade receivables | 40 | €11,540 | €19,300 | +€7,759 | +67.2% |
| Other amounts receivable | 41 | €9,187 | €10,920 | +€1,732 | +18.9% |
| Cash at bank and in hand | 54/58 | €426 | €8,367 | +€7,941 | +1862.0% |
| Deferred charges and accrued income | 490/1 | €1,849 | €2,170 | +€321 | +17.3% |
| Total equity and liabilities | 10/49 | €24,234 | €41,357 | +€17,123 | +70.7% |
| Equity | 10/15 | -€1,245 | €9,570 | +€10,815 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,904 | €5,904 | = | 0.0% |
| Non-distributable reserves | 130/1 | €295 | €295 | = | 0.0% |
| Reserves not available under the articles | 1311 | €295 | €295 | = | 0.0% |
| Distributable reserves | 133 | €5,609 | €5,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,149 | -€1,334 | +€10,815 | +89.0% |
| Amounts payable | 17/49 | €25,478 | €31,786 | +€6,308 | +24.8% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,100 | €26,364 | +€6,265 | +31.2% |
| Trade debts | 44 | €8,722 | €8,088 | -€634 | -7.3% |
| Suppliers | 440/4 | €8,722 | €8,088 | -€634 | -7.3% |
| Taxes, remuneration and social security | 45 | €11,378 | €18,276 | +€6,898 | +60.6% |
| Taxes | 450/3 | €11,378 | €18,276 | +€6,898 | +60.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €379 | €422 | +€43 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,707 | €630 | -€3,077 | -83.0% |
| Other operating charges | 640/8 | €997 | €1,664 | +€667 | +66.9% |
| Gross operating margin | 9900 | €4,380 | €18,907 | +€14,527 | +331.7% |
| Operating profit (loss) | 9901 | -€325 | €16,613 | +€16,937 | |
| Financial income | 75/76B | €329 | €0 | -€329 | -100.0% |
| Recurring financial income | 75 | €329 | €0 | -€329 | -100.0% |
| Financial charges | 65/66B | €523 | €570 | +€47 | +8.9% |
| Recurring financial charges | 65 | €523 | €570 | +€47 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€519 | €16,043 | +€16,562 | |
| Income taxes | 67/77 | €2,139 | €5,228 | +€3,089 | +144.4% |
| Profit (loss) for the period | 9904 | -€2,658 | €10,815 | +€13,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,658 | €10,815 | +€13,473 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.