All-Ct: 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.
All-Ct
Largest movements
- Receivables within one year -€11,741
down €11,741 (-24.3%), from €48,346 to €36,605
of which Trade receivables: -€10,107
- Cash +€8,088
up €8,088 (+29.5%), from €27,388 to €35,476
mainly Net result for the year (+€16,324) and Receivables within one year (+€11,741)
- Tangible fixed assets -€1,514
down €1,514 (-15.2%), from €9,953 to €8,439
of which Other tangible fixed assets: -€1,165
- Trade debts -€14,556
down €14,556 (-73.6%), from €19,765 to €5,209
- Tax, wage and social debts +€5,357
up €5,357 (+59.6%), from €8,980 to €14,337
- Reserves +€2,233
up €2,233 (+6.4%), from €35,148 to €37,380
of which Distributable reserves: +€2,233
- Gross operating margin +€13,122
up €13,122 (+76.9%), from €17,059 to €30,182
- Taxes +€3,789
up €3,789 (+101%), from €3,755 to €7,543
- Financial charges -€561
down €561 (-31.2%), from €1,798 to €1,238
- Depreciation +€455
up €455 (+11.5%), from €3,959 to €4,414
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 | €90,425 | €84,501 | -€5,924 | -6.6% |
| Fixed assets | 21/28 | €9,953 | €8,439 | -€1,514 | -15.2% |
| Tangible fixed assets | 22/27 | €9,953 | €8,439 | -€1,514 | -15.2% |
| Plant, machinery and equipment | 23 | €1,701 | €1,934 | +€233 | +13.7% |
| Furniture and vehicles | 24 | €3,461 | €2,879 | -€582 | -16.8% |
| Other tangible fixed assets | 26 | €4,792 | €3,626 | -€1,165 | -24.3% |
| Current assets | 29/58 | €80,471 | €76,062 | -€4,409 | -5.5% |
| Amounts receivable within one year | 40/41 | €48,346 | €36,605 | -€11,741 | -24.3% |
| Trade receivables | 40 | €46,674 | €36,567 | -€10,107 | -21.7% |
| Other amounts receivable | 41 | €1,672 | €37 | -€1,634 | -97.8% |
| Cash at bank and in hand | 54/58 | €27,388 | €35,476 | +€8,088 | +29.5% |
| Deferred charges and accrued income | 490/1 | €4,738 | €3,982 | -€756 | -16.0% |
| Total equity and liabilities | 10/49 | €90,425 | €84,501 | -€5,924 | -6.6% |
| Equity | 10/15 | €44,448 | €46,680 | +€2,233 | +5.0% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €35,148 | €37,380 | +€2,233 | +6.4% |
| Tax-exempt reserves | 132 | €174 | €174 | = | 0.0% |
| Distributable reserves | 133 | €34,974 | €37,207 | +€2,233 | +6.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,977 | €37,821 | -€8,156 | -17.7% |
| Amounts payable within one year | 42/48 | €45,913 | €37,322 | -€8,592 | -18.7% |
| Trade debts | 44 | €19,765 | €5,209 | -€14,556 | -73.6% |
| Suppliers | 440/4 | €19,765 | €5,209 | -€14,556 | -73.6% |
| Taxes, remuneration and social security | 45 | €8,980 | €14,337 | +€5,357 | +59.6% |
| Taxes | 450/3 | €8,980 | €14,337 | +€5,357 | +59.6% |
| Other amounts payable | 47/48 | €17,168 | €17,776 | +€608 | +3.5% |
| Accrued charges and deferred income | 492/3 | €64 | €499 | +€435 | +685% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,959 | €4,414 | +€455 | +11.5% |
| Other operating charges | 640/8 | €729 | €699 | -€30 | -4.1% |
| Gross operating margin | 9900 | €17,059 | €30,182 | +€13,122 | +76.9% |
| Operating profit (loss) | 9901 | €12,371 | €25,068 | +€12,697 | +103% |
| Financial income | 75/76B | €9 | €36 | +€27 | +280% |
| Recurring financial income | 75 | €9 | €36 | +€27 | +280% |
| Financial charges | 65/66B | €1,798 | €1,238 | -€561 | -31.2% |
| Recurring financial charges | 65 | €1,798 | €1,238 | -€561 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €10,582 | €23,867 | +€13,285 | +126% |
| Income taxes | 67/77 | €3,755 | €7,543 | +€3,789 | +101% |
| Profit (loss) for the period | 9904 | €6,828 | €16,324 | +€9,496 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €6,828 | €16,324 | +€9,496 | +139% |
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 22 October 2026 via checked.be.