C & T BELGIUM: what changed
C & T BELGIUM
Largest movements
- Tangible fixed assets -€1,639
down €1,639 (-91.4%), from €1,794 to €155
of which Plant, machinery and equipment: -€1,038
- Receivables within one year -€729
down €729 (-20.0%), from €3,651 to €2,922
of which Trade receivables: -€961
- Cash -€502
down €502 (-19.5%), from €2,578 to €2,077
mainly Net result for the year (-€7,893) and Trade debts (-€3,425)
- Other debts +€8,073
up €8,073 (+10.5%), from €76,655 to €84,728
- Profit (loss) carried forward -€7,893
down €7,893 (-8.7%), from -€91,074 to -€98,967
- Trade debts -€3,425
down €3,425 (-73.9%), from €4,637 to €1,212
- Tax, wage and social debts +€376
up €376 (+102%), from €369 to €745
- Gross operating margin +€858
up €858 (+16.2%), from -€5,288 to -€4,430
- Depreciation -€712
down €712 (-30.3%), from €2,351 to €1,639
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 | €13,538 | €10,669 | -€2,869 | -21.2% |
| Fixed assets | 21/28 | €2,439 | €800 | -€1,639 | -67.2% |
| Tangible fixed assets | 22/27 | €1,794 | €155 | -€1,639 | -91.4% |
| Plant, machinery and equipment | 23 | €1,097 | €58 | -€1,038 | -94.7% |
| Other tangible fixed assets | 26 | €697 | €97 | -€600 | -86.1% |
| Financial fixed assets | 28 | €645 | €645 | = | 0.0% |
| Current assets | 29/58 | €11,099 | €9,869 | -€1,230 | -11.1% |
| Stocks and contracts in progress | 3 | €4,870 | €4,870 | = | 0.0% |
| Stocks | 30/36 | €4,870 | €4,870 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,651 | €2,922 | -€729 | -20.0% |
| Trade receivables | 40 | €3,341 | €2,380 | -€961 | -28.8% |
| Other amounts receivable | 41 | €310 | €542 | +€232 | +74.9% |
| Cash at bank and in hand | 54/58 | €2,578 | €2,077 | -€502 | -19.5% |
| Total equity and liabilities | 10/49 | €13,538 | €10,669 | -€2,869 | -21.2% |
| Equity | 10/15 | -€68,123 | -€76,016 | -€7,893 | -11.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,359 | €4,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,074 | -€98,967 | -€7,893 | -8.7% |
| Amounts payable | 17/49 | €81,661 | €86,685 | +€5,024 | +6.2% |
| Amounts payable within one year | 42/48 | €81,661 | €86,685 | +€5,024 | +6.2% |
| Trade debts | 44 | €4,637 | €1,212 | -€3,425 | -73.9% |
| Suppliers | 440/4 | €4,637 | €1,212 | -€3,425 | -73.9% |
| Taxes, remuneration and social security | 45 | €369 | €745 | +€376 | +102% |
| Taxes | 450/3 | €369 | €745 | +€376 | +102% |
| Other amounts payable | 47/48 | €76,655 | €84,728 | +€8,073 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,351 | €1,639 | -€712 | -30.3% |
| Other operating charges | 640/8 | €1,262 | €1,302 | +€40 | +3.2% |
| Gross operating margin | 9900 | -€5,288 | -€4,430 | +€858 | +16.2% |
| Operating profit (loss) | 9901 | -€8,901 | -€7,370 | +€1,530 | +17.2% |
| Financial income | 75/76B | €0 | €30 | +€30 | +101,100% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +101,100% |
| Financial charges | 65/66B | €184 | €177 | -€7 | -3.8% |
| Recurring financial charges | 65 | €184 | €177 | -€7 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,084 | -€7,517 | +€1,568 | +17.3% |
| Income taxes | 67/77 | €369 | €376 | +€7 | +2.0% |
| Profit (loss) for the period | 9904 | -€9,453 | -€7,893 | +€1,560 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,453 | -€7,893 | +€1,560 | +16.5% |
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.