CSK Construct: 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.
CSK Construct
Largest movements
- Stocks and contracts +€84,842
up €84,842 (+49.3%), from €172,086 to €256,928
- Cash -€64,064
down €64,064 (-97.8%), from €65,503 to €1,439
mainly Stocks and contracts (-€84,842) and Net result for the year (-€25,079)
- Other debts +€56,100
up €56,100 (+69.4%), from €80,818 to €136,918
- Profit (loss) carried forward -€25,079
down €25,079 (-133.2%), from -€18,828 to -€43,908
- Accrued charges and deferred income -€5,048
no longer reported in 2025 (was €5,048)
- Purchases and services +€14,205
new in 2025: €14,205
- Financial charges +€3,946
up €3,946 (+72.6%), from €5,435 to €9,381
- Staff costs +€1,497
new in 2025: €1,497
- Gross operating margin -€675
down €675 (-5.6%), from -€12,022 to -€12,696
- Depreciation +€518
up €518 (+52.5%), from €987 to €1,505
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 | €249,762 | €273,146 | +€23,384 | +9.4% |
| Fixed assets | 21/28 | €1,481 | €2,270 | +€790 | +53.3% |
| Tangible fixed assets | 22/27 | €1,481 | €2,270 | +€790 | +53.3% |
| Plant, machinery and equipment | 23 | - | €1,530 | +€1,530 | |
| Furniture and vehicles | 24 | €1,481 | €740 | -€740 | -50.0% |
| Current assets | 29/58 | €248,281 | €270,875 | +€22,594 | +9.1% |
| Stocks and contracts in progress | 3 | €172,086 | €256,928 | +€84,842 | +49.3% |
| Stocks | 30/36 | €172,086 | €256,928 | +€84,842 | +49.3% |
| Amounts receivable within one year | 40/41 | €10,692 | €12,508 | +€1,816 | +17.0% |
| Trade receivables | 40 | €1,136 | - | -€1,136 | |
| Other amounts receivable | 41 | €9,556 | €12,508 | +€2,952 | +30.9% |
| Cash at bank and in hand | 54/58 | €65,503 | €1,439 | -€64,064 | -97.8% |
| Total equity and liabilities | 10/49 | €249,762 | €273,146 | +€23,384 | +9.4% |
| Equity | 10/15 | -€13,828 | -€38,908 | -€25,079 | -181.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,828 | -€43,908 | -€25,079 | -133.2% |
| Amounts payable | 17/49 | €263,590 | €312,053 | +€48,463 | +18.4% |
| Amounts payable within one year | 42/48 | €258,542 | €312,053 | +€53,511 | +20.7% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €2,724 | €135 | -€2,589 | -95.0% |
| Suppliers | 440/4 | €2,724 | €135 | -€2,589 | -95.0% |
| Other amounts payable | 47/48 | €80,818 | €136,918 | +€56,100 | +69.4% |
| Accrued charges and deferred income | 492/3 | €5,048 | - | -€5,048 | |
| Turnover | 70 | - | €12 | +€12 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €14,205 | +€14,205 | |
| Remuneration, social security and pensions | 62 | - | €1,497 | +€1,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €987 | €1,505 | +€518 | +52.5% |
| Other operating charges | 640/8 | €385 | - | -€385 | |
| Gross operating margin | 9900 | -€12,022 | -€12,696 | -€675 | -5.6% |
| Operating profit (loss) | 9901 | -€13,393 | -€15,699 | -€2,305 | -17.2% |
| Financial charges | 65/66B | €5,435 | €9,381 | +€3,946 | +72.6% |
| Recurring financial charges | 65 | €5,435 | €9,381 | +€3,946 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,828 | -€25,079 | -€6,251 | -33.2% |
| Profit (loss) for the period | 9904 | -€18,828 | -€25,079 | -€6,251 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,828 | -€25,079 | -€6,251 | -33.2% |
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.