C.L.T.P.: what changed
C.L.T.P.
Largest movements
- Cash +€10,305
up €10,305 (+34.8%), from €29,608 to €39,912
mainly Net result for the year (+€20,346) and Tax, wage and social debts (+€4,024)
- Receivables within one year +€8,358
up €8,358 (+4,107%), from €204 to €8,562
- Deferred charges and accrued income +€2,581
new in 2025: €2,581
- Tangible fixed assets -€2,162
down €2,162 (-40.6%), from €5,323 to €3,160
- Stocks and contracts -€1,800
down €1,800 (-71.0%), from €2,536 to €735
- Reserves +€20,346
up €20,346 (+401%), from €5,080 to €25,426
- Short-term financial debts -€5,250
no longer reported in 2025 (was €5,250)
- Tax, wage and social debts +€4,024
up €4,024 (+26.4%), from €15,218 to €19,242
of which Remuneration and social security: +€3,258
- Trade debts -€1,313
down €1,313 (-23.5%), from €5,597 to €4,284
- Purchases and services +€25,545
up €25,545 (+8.4%), from €303,959 to €329,504
- Staff costs -€8,718
down €8,718 (-10.0%), from €86,880 to €78,162
- Financial charges +€7,040
up €7,040 (+174%), from €4,057 to €11,098
- Taxes +€6,727
up €6,727 (+3,193%), from €211 to €6,938
- Turnover -€6,078
down €6,078 (-1.5%), from €404,888 to €398,810
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,171 | €55,452 | +€17,281 | +45.3% |
| Fixed assets | 21/28 | €5,824 | €3,661 | -€2,162 | -37.1% |
| Tangible fixed assets | 22/27 | €5,323 | €3,160 | -€2,162 | -40.6% |
| Plant, machinery and equipment | 23 | €5,323 | €3,160 | -€2,162 | -40.6% |
| Financial fixed assets | 28 | €501 | €501 | = | 0.0% |
| Current assets | 29/58 | €32,347 | €51,791 | +€19,444 | +60.1% |
| Stocks and contracts in progress | 3 | €2,536 | €735 | -€1,800 | -71.0% |
| Stocks | 30/36 | €2,536 | €735 | -€1,800 | -71.0% |
| Amounts receivable within one year | 40/41 | €204 | €8,562 | +€8,358 | +4,107% |
| Other amounts receivable | 41 | €204 | €8,562 | +€8,358 | +4,107% |
| Cash at bank and in hand | 54/58 | €29,608 | €39,912 | +€10,305 | +34.8% |
| Deferred charges and accrued income | 490/1 | - | €2,581 | +€2,581 | |
| Total equity and liabilities | 10/49 | €38,171 | €55,452 | +€17,281 | +45.3% |
| Equity | 10/15 | €11,580 | €31,926 | +€20,346 | +176% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Contributions outside capital | 11 | €6,500 | - | -€6,500 | |
| Other | 1109/19 | €6,500 | - | -€6,500 | |
| Reserves | 13 | €5,080 | €25,426 | +€20,346 | +401% |
| Distributable reserves | 133 | €5,080 | €25,426 | +€20,346 | +401% |
| Amounts payable | 17/49 | €26,591 | €23,526 | -€3,065 | -11.5% |
| Amounts payable within one year | 42/48 | €26,591 | €23,526 | -€3,065 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €250 | - | -€250 | |
| Financial debts | 43 | €5,250 | - | -€5,250 | |
| Credit institutions | 430/8 | €5,250 | - | -€5,250 | |
| Trade debts | 44 | €5,597 | €4,284 | -€1,313 | -23.5% |
| Suppliers | 440/4 | €5,597 | €4,284 | -€1,313 | -23.5% |
| Taxes, remuneration and social security | 45 | €15,218 | €19,242 | +€4,024 | +26.4% |
| Taxes | 450/3 | €8,224 | €8,989 | +€765 | +9.3% |
| Remuneration and social security | 454/9 | €6,994 | €10,253 | +€3,258 | +46.6% |
| Other amounts payable | 47/48 | €276 | - | -€276 | |
| Turnover | 70 | €404,888 | €398,810 | -€6,078 | -1.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €303,959 | €329,504 | +€25,545 | +8.4% |
| Remuneration, social security and pensions | 62 | €86,880 | €78,162 | -€8,718 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,787 | €2,162 | -€624 | -22.4% |
| Other operating charges | 640/8 | €4,539 | €7,176 | +€2,637 | +58.1% |
| Gross operating margin | 9900 | €130,963 | €125,701 | -€5,262 | -4.0% |
| Operating profit (loss) | 9901 | €36,757 | €38,201 | +€1,443 | +3.9% |
| Financial income | 75/76B | €1,116 | €181 | -€935 | -83.8% |
| Recurring financial income | 75 | €1,116 | €181 | -€935 | -83.8% |
| Financial charges | 65/66B | €4,057 | €11,098 | +€7,040 | +174% |
| Recurring financial charges | 65 | €4,057 | €11,098 | +€7,040 | +174% |
| Profit (loss) for the period before taxes | 9903 | €33,816 | €27,284 | -€6,532 | -19.3% |
| Income taxes | 67/77 | €211 | €6,938 | +€6,727 | +3,193% |
| Profit (loss) for the period | 9904 | €33,605 | €20,346 | -€13,259 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,605 | €20,346 | -€13,259 | -39.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.