CSS GEORGES: 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.
CSS GEORGES
Largest movements
- Cash +€11,918
up €11,918 (+358.5%), from €3,324 to €15,242
mainly Net result for the year (+€30,637) and Depreciation (+€2,201)
- Receivables within one year +€11,129
up €11,129 (+115.9%), from €9,600 to €20,729
of which Trade receivables: +€10,742
- Deferred charges and accrued income +€1,349
up €1,349 (+1358.3%), from €99 to €1,449
- Reserves +€30,000
new in 2025: €30,000
- Other debts -€8,074
down €8,074 (-62.8%), from €12,852 to €4,777
- Tax, wage and social debts +€1,700
up €1,700 (+43.1%), from €3,941 to €5,641
- Profit (loss) carried forward +€637
up €637 (+25.2%), from €2,527 to €3,165
- Gross operating margin +€31,335
up €31,335 (+156.6%), from €20,012 to €51,347
- Taxes +€14,613
up €14,613 (+584.5%), from €2,500 to €17,113
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 | €23,855 | €48,556 | +€24,702 | +103.5% |
| Fixed assets | 21/28 | €10,831 | €11,136 | +€305 | +2.8% |
| Tangible fixed assets | 22/27 | €10,831 | €11,136 | +€305 | +2.8% |
| Plant, machinery and equipment | 23 | €1,451 | €1,759 | +€308 | +21.2% |
| Furniture and vehicles | 24 | €9,380 | €9,378 | -€3 | 0.0% |
| Current assets | 29/58 | €13,024 | €37,420 | +€24,396 | +187.3% |
| Amounts receivable within one year | 40/41 | €9,600 | €20,729 | +€11,129 | +115.9% |
| Trade receivables | 40 | €9,600 | €20,342 | +€10,742 | +111.9% |
| Other amounts receivable | 41 | €0 | €387 | +€387 | |
| Cash at bank and in hand | 54/58 | €3,324 | €15,242 | +€11,918 | +358.5% |
| Deferred charges and accrued income | 490/1 | €99 | €1,449 | +€1,349 | +1358.3% |
| Total equity and liabilities | 10/49 | €23,855 | €48,556 | +€24,702 | +103.5% |
| Equity | 10/15 | €6,527 | €37,165 | +€30,637 | +469.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Tax-exempt reserves | 132 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €2,527 | €3,165 | +€637 | +25.2% |
| Amounts payable | 17/49 | €17,328 | €11,392 | -€5,936 | -34.3% |
| Amounts payable within one year | 42/48 | €17,328 | €11,392 | -€5,936 | -34.3% |
| Trade debts | 44 | €535 | €974 | +€439 | +82.0% |
| Suppliers | 440/4 | €535 | €974 | +€439 | +82.0% |
| Taxes, remuneration and social security | 45 | €3,941 | €5,641 | +€1,700 | +43.1% |
| Taxes | 450/3 | €3,941 | €5,641 | +€1,700 | +43.1% |
| Other amounts payable | 47/48 | €12,852 | €4,777 | -€8,074 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,043 | €2,201 | +€157 | +7.7% |
| Other operating charges | 640/8 | €1,310 | €1,333 | +€23 | +1.8% |
| Non-recurring operating charges | 66A | €8,250 | - | -€8,250 | |
| Gross operating margin | 9900 | €20,012 | €51,347 | +€31,335 | +156.6% |
| Operating profit (loss) | 9901 | €8,409 | €47,813 | +€39,405 | +468.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €19 | €63 | +€44 | +226.9% |
| Recurring financial charges | 65 | €19 | €63 | +€44 | +226.9% |
| Profit (loss) for the period before taxes | 9903 | €8,389 | €47,750 | +€39,361 | +469.2% |
| Income taxes | 67/77 | €2,500 | €17,113 | +€14,613 | +584.5% |
| Profit (loss) for the period | 9904 | €5,889 | €30,637 | +€24,748 | +420.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,889 | €30,637 | +€24,748 | +420.2% |
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 1 October 2026 via checked.be.