C.T.H.S.: 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.
C.T.H.S.
Largest movements
- Cash -€3,203
down €3,203 (-46.0%), from €6,969 to €3,766
mainly Net result for the year (-€10,057) and Trade debts (-€1,003)
- Tangible fixed assets -€660
down €660 (-22.9%), from €2,887 to €2,227
- Deferred charges and accrued income +€378
new in 2025: €378
- Profit (loss) carried forward -€10,057
down €10,057 (-79.8%), from -€12,600 to -€22,657
- Other debts +€6,003
up €6,003 (+41.0%), from €14,649 to €20,653
- Tax, wage and social debts +€1,803
up €1,803 (+221%), from €814 to €2,617
of which Remuneration and social security: +€2,000
- Trade debts -€1,003
down €1,003 (-97.7%), from €1,027 to €24
- Accrued charges and deferred income -€232
down €232 (-89.0%), from €261 to €29
- Gross operating margin -€5,547
down €5,547 (-156%), from -€3,548 to -€9,095
- Other operating charges -€253
down €253 (-63.7%), from €397 to €144
- Depreciation +€247
up €247 (+59.8%), from €413 to €660
- Taxes -€140
no longer reported in 2025 (was €140)
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 | €10,038 | €6,553 | -€3,485 | -34.7% |
| Fixed assets | 21/28 | €2,887 | €2,227 | -€660 | -22.9% |
| Tangible fixed assets | 22/27 | €2,887 | €2,227 | -€660 | -22.9% |
| Plant, machinery and equipment | 23 | €2,887 | €2,227 | -€660 | -22.9% |
| Current assets | 29/58 | €7,151 | €4,326 | -€2,825 | -39.5% |
| Amounts receivable within one year | 40/41 | €182 | €182 | = | 0.0% |
| Trade receivables | 40 | €182 | €182 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,969 | €3,766 | -€3,203 | -46.0% |
| Deferred charges and accrued income | 490/1 | - | €378 | +€378 | |
| Total equity and liabilities | 10/49 | €10,038 | €6,553 | -€3,485 | -34.7% |
| Equity | 10/15 | -€6,713 | -€16,770 | -€10,057 | -150% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €5,787 | €5,787 | = | 0.0% |
| Distributable reserves | 133 | €5,787 | €5,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,600 | -€22,657 | -€10,057 | -79.8% |
| Amounts payable | 17/49 | €16,751 | €23,323 | +€6,572 | +39.2% |
| Amounts payable within one year | 42/48 | €16,490 | €23,294 | +€6,804 | +41.3% |
| Trade debts | 44 | €1,027 | €24 | -€1,003 | -97.7% |
| Suppliers | 440/4 | €1,027 | €24 | -€1,003 | -97.7% |
| Taxes, remuneration and social security | 45 | €814 | €2,617 | +€1,803 | +221% |
| Taxes | 450/3 | €814 | €617 | -€197 | -24.2% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €14,649 | €20,653 | +€6,003 | +41.0% |
| Accrued charges and deferred income | 492/3 | €261 | €29 | -€232 | -89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €660 | +€247 | +59.8% |
| Other operating charges | 640/8 | €397 | €144 | -€253 | -63.7% |
| Gross operating margin | 9900 | -€3,548 | -€9,095 | -€5,547 | -156% |
| Operating profit (loss) | 9901 | -€4,358 | -€9,900 | -€5,541 | -127% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €201 | €158 | -€43 | -21.6% |
| Recurring financial charges | 65 | €201 | €158 | -€43 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,559 | -€10,057 | -€5,497 | -121% |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€4,699 | -€10,057 | -€5,358 | -114% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,699 | -€10,057 | -€5,358 | -114% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.