C.T.C.: 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.
C.T.C.
Largest movements
- Tangible fixed assets -€8,824
down €8,824 (-3.9%), from €226,279 to €217,455
- Cash +€4,899
up €4,899 (+107.8%), from €4,544 to €9,443
mainly Depreciation (+€10,583)
- Other debts -€2,421
down €2,421 (-3.9%), from €62,131 to €59,710
- Financial charges +€3,246
up €3,246 (+145.4%), from €2,233 to €5,479
- Gross operating margin -€803
down €803 (-4.7%), from €17,141 to €16,338
- Taxes +€394
new in 2025: €394
- Depreciation +€175
up €175 (+1.7%), from €10,408 to €10,583
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.
Cash bridge derived
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 | €230,942 | €227,898 | -€3,044 | -1.3% |
| Fixed assets | 21/28 | €226,279 | €217,455 | -€8,824 | -3.9% |
| Tangible fixed assets | 22/27 | €226,279 | €217,455 | -€8,824 | -3.9% |
| Land and buildings | 22 | €226,279 | €217,455 | -€8,824 | -3.9% |
| Current assets | 29/58 | €4,663 | €10,443 | +€5,780 | +124.0% |
| Amounts receivable within one year | 40/41 | €119 | €1,000 | +€881 | +740.3% |
| Other amounts receivable | 41 | €119 | €1,000 | +€881 | +740.3% |
| Cash at bank and in hand | 54/58 | €4,544 | €9,443 | +€4,899 | +107.8% |
| Total equity and liabilities | 10/49 | €230,942 | €227,898 | -€3,044 | -1.3% |
| Equity | 10/15 | €128,811 | €128,188 | -€623 | -0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,189 | -€33,812 | -€623 | -1.9% |
| Amounts payable | 17/49 | €102,131 | €99,710 | -€2,421 | -2.4% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €62,131 | €59,710 | -€2,421 | -3.9% |
| Other amounts payable | 47/48 | €62,131 | €59,710 | -€2,421 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,408 | €10,583 | +€175 | +1.7% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | €17,141 | €16,338 | -€803 | -4.7% |
| Operating profit (loss) | 9901 | €6,240 | €5,250 | -€990 | -15.9% |
| Financial charges | 65/66B | €2,233 | €5,479 | +€3,246 | +145.4% |
| Recurring financial charges | 65 | €2,233 | €5,479 | +€3,246 | +145.4% |
| Profit (loss) for the period before taxes | 9903 | €4,007 | -€229 | -€4,236 | |
| Income taxes | 67/77 | - | €394 | +€394 | |
| Profit (loss) for the period | 9904 | €4,007 | -€623 | -€4,630 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,007 | -€623 | -€4,630 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.