Cuse Technics: 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.
Cuse Technics
Largest movements
- Tangible fixed assets -€10,144
down €10,144 (-16.0%), from €63,273 to €53,129
of which Plant, machinery and equipment: -€5,197
- Receivables within one year +€5,294
up €5,294 (+9.5%), from €55,588 to €60,882
of which Other amounts receivable: +€5,294
- Deferred charges and accrued income +€4,043
new in 2025: €4,043
- Cash -€3,408
down €3,408 (-91.4%), from €3,730 to €322
mainly Debts after one year (-€41,626) and Investment in fixed assets (net) (-€9,859)
- Debts after one year -€41,626
down €41,626 (-84.5%), from €49,237 to €7,612
- Profit (loss) carried forward +€22,347
up €22,347 (+43.2%), from €51,688 to €74,035
- Trade debts +€10,734
up €10,734 (+251%), from €4,273 to €15,008
- Tax, wage and social debts +€8,183
up €8,183 (+129%), from €6,340 to €14,523
- Other debts -€3,852
no longer reported in 2025 (was €3,852)
- Staff costs -€122,531
down €122,531 (-93.9%), from €130,425 to €7,894
- Gross operating margin -€99,159
down €99,159 (-59.7%), from €166,036 to €66,877
- Taxes +€6,689
up €6,689 (+205%), from €3,270 to €9,959
- Depreciation +€4,254
up €4,254 (+27.0%), from €15,749 to €20,003
- Other operating charges -€1,941
down €1,941 (-35.0%), from €5,540 to €3,599
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 | €122,591 | €118,376 | -€4,214 | -3.4% |
| Fixed assets | 21/28 | €63,273 | €53,129 | -€10,144 | -16.0% |
| Tangible fixed assets | 22/27 | €63,273 | €53,129 | -€10,144 | -16.0% |
| Plant, machinery and equipment | 23 | €7,929 | €2,732 | -€5,197 | -65.5% |
| Furniture and vehicles | 24 | €55,344 | €50,397 | -€4,947 | -8.9% |
| Current assets | 29/58 | €59,318 | €65,247 | +€5,930 | +10.0% |
| Amounts receivable within one year | 40/41 | €55,588 | €60,882 | +€5,294 | +9.5% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €55,588 | €60,882 | +€5,294 | +9.5% |
| Cash at bank and in hand | 54/58 | €3,730 | €322 | -€3,408 | -91.4% |
| Deferred charges and accrued income | 490/1 | - | €4,043 | +€4,043 | |
| Total equity and liabilities | 10/49 | €122,591 | €118,376 | -€4,214 | -3.4% |
| Equity | 10/15 | €54,688 | €77,035 | +€22,347 | +40.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,688 | €74,035 | +€22,347 | +43.2% |
| Amounts payable | 17/49 | €67,903 | €41,342 | -€26,561 | -39.1% |
| Amounts payable after more than one year | 17 | €49,237 | €7,612 | -€41,626 | -84.5% |
| Financial debts | 170/4 | €49,237 | €7,612 | -€41,626 | -84.5% |
| Amounts payable within one year | 42/48 | €18,666 | €33,730 | +€15,064 | +80.7% |
| Current portion of amounts payable after more than one year | 42 | €4,200 | €4,200 | = | 0.0% |
| Trade debts | 44 | €4,273 | €15,008 | +€10,734 | +251% |
| Suppliers | 440/4 | €4,273 | €15,008 | +€10,734 | +251% |
| Taxes, remuneration and social security | 45 | €6,340 | €14,523 | +€8,183 | +129% |
| Taxes | 450/3 | €6,340 | €14,523 | +€8,183 | +129% |
| Other amounts payable | 47/48 | €3,852 | - | -€3,852 | |
| Non-recurring operating income | 76A | - | €986 | +€986 | |
| Remuneration, social security and pensions | 62 | €130,425 | €7,894 | -€122,531 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,749 | €20,003 | +€4,254 | +27.0% |
| Other operating charges | 640/8 | €5,540 | €3,599 | -€1,941 | -35.0% |
| Gross operating margin | 9900 | €166,036 | €66,877 | -€99,159 | -59.7% |
| Operating profit (loss) | 9901 | €14,322 | €35,382 | +€21,060 | +147% |
| Financial income | 75/76B | €0 | €4 | +€4 | +18,900% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +18,900% |
| Financial charges | 65/66B | €4,338 | €3,080 | -€1,258 | -29.0% |
| Recurring financial charges | 65 | €4,338 | €3,080 | -€1,258 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €9,984 | €32,306 | +€22,322 | +224% |
| Income taxes | 67/77 | €3,270 | €9,959 | +€6,689 | +205% |
| Profit (loss) for the period | 9904 | €6,713 | €22,347 | +€15,633 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €6,713 | €22,347 | +€15,633 | +233% |
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.