CSL Group: 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.
CSL Group
Largest movements
- Cash +€134,577
up €134,577 (+1,174%), from €11,462 to €146,039
mainly Net result for the year (+€275,831) and Receivables after one year (+€7,273)
- Receivables after one year -€7,273
down €7,273 (-12.5%), from €58,384 to €51,111
- Profit (loss) carried forward +€275,831
up €275,831, from -€36,753 to €239,077
- Contributions -€86,000
down €86,000 (-43.0%), from €200,000 to €114,000
- Other debts -€63,857
down €63,857 (-55.1%), from €115,989 to €52,132
- Financial income +€273,521
up €273,521 (+1,774%), from €15,417 to €288,938
- Financial charges -€11,951
down €11,951 (-84.4%), from €14,154 to €2,202
- Gross operating margin -€4,272
down €4,272 (-69.0%), from -€6,193 to -€10,466
- Other operating charges +€439
new in 2025: €439
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 | €281,845 | €409,150 | +€127,304 | +45.2% |
| Fixed assets | 21/28 | €212,000 | €212,000 | = | 0.0% |
| Financial fixed assets | 28 | €212,000 | €212,000 | = | 0.0% |
| Current assets | 29/58 | €69,845 | €197,150 | +€127,304 | +182% |
| Amounts receivable after more than one year | 29 | €58,384 | €51,111 | -€7,273 | -12.5% |
| Other amounts receivable | 291 | €58,384 | €51,111 | -€7,273 | -12.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11,462 | €146,039 | +€134,577 | +1,174% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €281,845 | €409,150 | +€127,304 | +45.2% |
| Equity | 10/15 | €163,247 | €353,077 | +€189,831 | +116% |
| Contributions | 10/11 | €200,000 | €114,000 | -€86,000 | -43.0% |
| Profit (loss) carried forward | 14 | -€36,753 | €239,077 | +€275,831 | |
| Amounts payable | 17/49 | €118,599 | €56,072 | -€62,526 | -52.7% |
| Amounts payable within one year | 42/48 | €118,599 | €56,072 | -€62,526 | -52.7% |
| Trade debts | 44 | €2,610 | €3,940 | +€1,330 | +51.0% |
| Suppliers | 440/4 | €2,610 | €3,940 | +€1,330 | +51.0% |
| Other amounts payable | 47/48 | €115,989 | €52,132 | -€63,857 | -55.1% |
| Other operating charges | 640/8 | - | €439 | +€439 | |
| Gross operating margin | 9900 | -€6,193 | -€10,466 | -€4,272 | -69.0% |
| Operating profit (loss) | 9901 | -€6,193 | -€10,905 | -€4,711 | -76.1% |
| Financial income | 75/76B | €15,417 | €288,938 | +€273,521 | +1,774% |
| Recurring financial income | 75 | €15,417 | €288,938 | +€273,521 | +1,774% |
| Financial charges | 65/66B | €14,154 | €2,202 | -€11,951 | -84.4% |
| Recurring financial charges | 65 | €14,154 | €2,202 | -€11,951 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,930 | €275,831 | +€280,761 | |
| Profit (loss) for the period | 9904 | -€4,930 | €275,831 | +€280,761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,930 | €275,831 | +€280,761 |
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 15 October 2026 via checked.be.