CSVL: 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.
CSVL
Largest movements
- Receivables within one year -€25,743
down €25,743 (-80.6%), from €31,925 to €6,181
- Stocks and contracts +€19,381
up €19,381 (+179.4%), from €10,805 to €30,186
- Cash +€3,513
up €3,513 (+372.0%), from €944 to €4,458
mainly Receivables within one year (+€25,743) and Tax, wage and social debts (+€21,808)
- Trade debts -€26,418
down €26,418 (-39.6%), from €66,686 to €40,269
- Tax, wage and social debts +€21,808
up €21,808 (+343.8%), from €6,344 to €28,152
of which Remuneration and social security: +€13,312
- Profit (loss) carried forward +€8,233
up €8,233 (+7.8%), from -€105,486 to -€97,253
- Other debts -€7,205
down €7,205 (-11.4%), from €63,353 to €56,148
- Gross operating margin +€45,024
up €45,024, from -€27,057 to €17,967
- Other operating charges +€5,581
up €5,581 (+2296.7%), from €243 to €5,824
- Financial charges -€1,012
down €1,012 (-30.3%), from €3,336 to €2,324
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,497 | €45,916 | -€3,581 | -7.2% |
| Fixed assets | 21/28 | €5,390 | €5,091 | -€300 | -5.6% |
| Intangible fixed assets | 21 | €1,500 | €1,250 | -€250 | -16.7% |
| Tangible fixed assets | 22/27 | €3,040 | €2,991 | -€50 | -1.6% |
| Plant, machinery and equipment | 23 | €1,760 | €2,114 | +€354 | +20.1% |
| Furniture and vehicles | 24 | €1,280 | €876 | -€404 | -31.5% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €44,106 | €40,825 | -€3,282 | -7.4% |
| Stocks and contracts in progress | 3 | €10,805 | €30,186 | +€19,381 | +179.4% |
| Stocks | 30/36 | €10,805 | €30,186 | +€19,381 | +179.4% |
| Amounts receivable within one year | 40/41 | €31,925 | €6,181 | -€25,743 | -80.6% |
| Trade receivables | 40 | €31,925 | €6,181 | -€25,743 | -80.6% |
| Cash at bank and in hand | 54/58 | €944 | €4,458 | +€3,513 | +372.0% |
| Deferred charges and accrued income | 490/1 | €433 | - | -€433 | |
| Total equity and liabilities | 10/49 | €49,497 | €45,916 | -€3,581 | -7.2% |
| Equity | 10/15 | -€86,886 | -€78,653 | +€8,233 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,486 | -€97,253 | +€8,233 | +7.8% |
| Amounts payable | 17/49 | €136,383 | €124,568 | -€11,815 | -8.7% |
| Amounts payable within one year | 42/48 | €136,383 | €124,568 | -€11,815 | -8.7% |
| Trade debts | 44 | €66,686 | €40,269 | -€26,418 | -39.6% |
| Suppliers | 440/4 | €66,686 | €40,269 | -€26,418 | -39.6% |
| Taxes, remuneration and social security | 45 | €6,344 | €28,152 | +€21,808 | +343.8% |
| Taxes | 450/3 | €6,344 | €14,839 | +€8,496 | +133.9% |
| Remuneration and social security | 454/9 | - | €13,312 | +€13,312 | |
| Other amounts payable | 47/48 | €63,353 | €56,148 | -€7,205 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,669 | €1,754 | +€84 | +5.1% |
| Other operating charges | 640/8 | €243 | €5,824 | +€5,581 | +2296.7% |
| Gross operating margin | 9900 | -€27,057 | €17,967 | +€45,024 | |
| Operating profit (loss) | 9901 | -€28,969 | €10,390 | +€39,358 | |
| Financial income | 75/76B | €15 | €168 | +€153 | +1020.7% |
| Recurring financial income | 75 | €15 | €168 | +€153 | +1020.7% |
| Financial charges | 65/66B | €3,336 | €2,324 | -€1,012 | -30.3% |
| Recurring financial charges | 65 | €3,336 | €2,324 | -€1,012 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,290 | €8,233 | +€40,523 | |
| Profit (loss) for the period | 9904 | -€32,290 | €8,233 | +€40,523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,290 | €8,233 | +€40,523 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.