CSV CONSULT: 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.
CSV CONSULT
Largest movements
- Financial fixed assets +€150,000
new in 2025: €150,000
- Tangible fixed assets -€11,187
down €11,187 (-29.0%), from €38,544 to €27,357
of which Leasing and similar rights: -€8,760
- Cash -€4,117
down €4,117 (-26.9%), from €15,304 to €11,186
mainly Investment in fixed assets (net) (-€150,000) and Receivables within one year (-€1,932)
- Debts after one year +€69,389
up €69,389 (+358.8%), from €19,340 to €88,729
of which Other amounts payable: +€77,000
- Other debts +€34,251
up €34,251 (+377.9%), from €9,064 to €43,315
- Reserves +€17,875
up €17,875 (+117.8%), from €15,176 to €33,051
- Tax, wage and social debts +€14,424
up €14,424 (+1014.2%), from €1,422 to €15,846
of which Taxes: +€12,033
- Gross operating margin +€28,945
up €28,945 (+167.2%), from €17,313 to €46,258
- Taxes +€9,342
up €9,342 (+750.2%), from €1,245 to €10,587
- Financial charges +€2,857
up €2,857 (+140.4%), from €2,034 to €4,891
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 | €60,321 | €197,105 | +€136,784 | +226.8% |
| Fixed assets | 21/28 | €38,544 | €177,357 | +€138,813 | +360.1% |
| Tangible fixed assets | 22/27 | €38,544 | €27,357 | -€11,187 | -29.0% |
| Furniture and vehicles | 24 | €5,083 | €3,511 | -€1,571 | -30.9% |
| Leasing and similar rights | 25 | €28,489 | €19,729 | -€8,760 | -30.7% |
| Other tangible fixed assets | 26 | €4,972 | €4,117 | -€856 | -17.2% |
| Financial fixed assets | 28 | - | €150,000 | +€150,000 | |
| Current assets | 29/58 | €21,778 | €19,749 | -€2,029 | -9.3% |
| Amounts receivable within one year | 40/41 | €4,368 | €6,300 | +€1,932 | +44.2% |
| Trade receivables | 40 | €3,750 | €6,300 | +€2,550 | +68.0% |
| Other amounts receivable | 41 | €618 | - | -€618 | |
| Cash at bank and in hand | 54/58 | €15,304 | €11,186 | -€4,117 | -26.9% |
| Deferred charges and accrued income | 490/1 | €2,106 | €2,262 | +€157 | +7.4% |
| Total equity and liabilities | 10/49 | €60,321 | €197,105 | +€136,784 | +226.8% |
| Equity | 10/15 | €20,176 | €38,051 | +€17,875 | +88.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,176 | €33,051 | +€17,875 | +117.8% |
| Distributable reserves | 133 | €15,176 | €33,051 | +€17,875 | +117.8% |
| Amounts payable | 17/49 | €40,145 | €159,054 | +€118,909 | +296.2% |
| Amounts payable after more than one year | 17 | €19,340 | €88,729 | +€69,389 | +358.8% |
| Financial debts | 170/4 | €19,340 | €11,729 | -€7,611 | -39.4% |
| Other amounts payable | 178/9 | - | €77,000 | +€77,000 | |
| Amounts payable within one year | 42/48 | €20,805 | €70,325 | +€49,520 | +238.0% |
| Current portion of amounts payable after more than one year | 42 | €7,297 | €7,611 | +€314 | +4.3% |
| Trade debts | 44 | €3,022 | €3,553 | +€531 | +17.6% |
| Suppliers | 440/4 | €3,022 | €3,553 | +€531 | +17.6% |
| Taxes, remuneration and social security | 45 | €1,422 | €15,846 | +€14,424 | +1014.2% |
| Taxes | 450/3 | €1,422 | €13,455 | +€12,033 | +846.1% |
| Remuneration and social security | 454/9 | - | €2,391 | +€2,391 | |
| Other amounts payable | 47/48 | €9,064 | €43,315 | +€34,251 | +377.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,156 | €11,187 | +€31 | +0.3% |
| Other operating charges | 640/8 | €1,457 | €1,717 | +€260 | +17.9% |
| Gross operating margin | 9900 | €17,313 | €46,258 | +€28,945 | +167.2% |
| Operating profit (loss) | 9901 | €4,700 | €33,353 | +€28,653 | +609.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,034 | €4,891 | +€2,857 | +140.4% |
| Recurring financial charges | 65 | €2,034 | €4,891 | +€2,857 | +140.4% |
| Profit (loss) for the period before taxes | 9903 | €2,666 | €28,463 | +€25,797 | +967.6% |
| Income taxes | 67/77 | €1,245 | €10,587 | +€9,342 | +750.2% |
| Profit (loss) for the period | 9904 | €1,421 | €17,875 | +€16,455 | +1158.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,421 | €17,875 | +€16,455 | +1158.3% |
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 5 October 2026 via checked.be.