C.T.I: 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.I
Largest movements
- Cash -€46,936
down €46,936 (-17.0%), from €275,636 to €228,699
mainly Tax, wage and social debts (-€40,400) and Investment in fixed assets (net) (-€37,772)
- Receivables within one year +€31,583
up €31,583 (+104%), from €30,286 to €61,869
of which Other amounts receivable: +€28,192
- Tangible fixed assets +€26,392
up €26,392 (+229%), from €11,545 to €37,937
- Trade debts +€58,260
up €58,260 (+54.5%), from €106,983 to €165,243
- Tax, wage and social debts -€40,400
down €40,400 (-54.9%), from €73,613 to €33,213
of which Remuneration and social security: -€26,306
- Current portion of long-term debt -€7,400
no longer reported in 2024 (was €7,400)
- Other operating charges +€7,449
up €7,449 (+397%), from €1,879 to €9,328
- Staff costs -€6,158
down €6,158 (-3.7%), from €164,673 to €158,515
- Depreciation +€4,088
up €4,088 (+56.1%), from €7,291 to €11,380
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,577 | €336,616 | +€11,039 | +3.4% |
| Fixed assets | 21/28 | €19,655 | €46,047 | +€26,392 | +134% |
| Tangible fixed assets | 22/27 | €11,545 | €37,937 | +€26,392 | +229% |
| Furniture and vehicles | 24 | €11,545 | €37,937 | +€26,392 | +229% |
| Financial fixed assets | 28 | €8,110 | €8,110 | = | 0.0% |
| Current assets | 29/58 | €305,922 | €290,569 | -€15,353 | -5.0% |
| Amounts receivable within one year | 40/41 | €30,286 | €61,869 | +€31,583 | +104% |
| Trade receivables | 40 | €17,817 | €21,207 | +€3,391 | +19.0% |
| Other amounts receivable | 41 | €12,470 | €40,662 | +€28,192 | +226% |
| Cash at bank and in hand | 54/58 | €275,636 | €228,699 | -€46,936 | -17.0% |
| Total equity and liabilities | 10/49 | €325,577 | €336,616 | +€11,039 | +3.4% |
| Equity | 10/15 | €137,581 | €138,160 | +€579 | +0.4% |
| Contributions | 10/11 | €51,324 | €51,324 | = | 0.0% |
| Capital | 10 | €51,324 | €51,324 | = | 0.0% |
| Issued capital | 100 | €51,324 | €51,324 | = | 0.0% |
| Reserves | 13 | €5,789 | €5,818 | +€29 | +0.5% |
| Non-distributable reserves | 130/1 | €5,789 | €5,818 | +€29 | +0.5% |
| Legal reserve | 130 | €5,789 | €5,818 | +€29 | +0.5% |
| Profit (loss) carried forward | 14 | €80,469 | €81,019 | +€550 | +0.7% |
| Amounts payable | 17/49 | €187,996 | €198,456 | +€10,460 | +5.6% |
| Amounts payable within one year | 42/48 | €187,996 | €198,456 | +€10,460 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €7,400 | - | -€7,400 | |
| Trade debts | 44 | €106,983 | €165,243 | +€58,260 | +54.5% |
| Suppliers | 440/4 | €106,983 | €165,243 | +€58,260 | +54.5% |
| Taxes, remuneration and social security | 45 | €73,613 | €33,213 | -€40,400 | -54.9% |
| Taxes | 450/3 | €29,592 | €15,498 | -€14,094 | -47.6% |
| Remuneration and social security | 454/9 | €44,021 | €17,714 | -€26,306 | -59.8% |
| Remuneration, social security and pensions | 62 | €164,673 | €158,515 | -€6,158 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,291 | €11,380 | +€4,088 | +56.1% |
| Other operating charges | 640/8 | €1,879 | €9,328 | +€7,449 | +397% |
| Gross operating margin | 9900 | €185,416 | €185,019 | -€398 | -0.2% |
| Operating profit (loss) | 9901 | €11,574 | €5,796 | -€5,778 | -49.9% |
| Financial charges | 65/66B | €66 | €98 | +€32 | +48.4% |
| Recurring financial charges | 65 | €66 | €98 | +€32 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €11,507 | €5,698 | -€5,810 | -50.5% |
| Income taxes | 67/77 | €5,023 | €5,118 | +€95 | +1.9% |
| Profit (loss) for the period | 9904 | €6,484 | €579 | -€5,905 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,484 | €579 | -€5,905 | -91.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.