C&T Invest: 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 Invest
Largest movements
- Financial fixed assets +€2.5m
up €2.5m (+100%), from €2.5m to €5.0m
- Cash -€227,502
down €227,502 (-43.5%), from €522,475 to €294,972
mainly Investment in fixed assets (net) (-€2.5m) and Receivables within one year (-€83,050)
- Receivables within one year +€83,050
up €83,050 (+201%), from €41,411 to €124,461
of which Trade receivables: +€83,999
- Debts after one year +€2.3m
new in 2025: €2.3m
- Reserves +€58,093
up €58,093 (+157%), from €37,053 to €95,147
- Other operating charges -€48,646
down €48,646 (-81.8%), from €59,486 to €10,840
- Financial income +€45,105
up €45,105 (+1,099%), from €4,105 to €49,210
- Financial charges +€44,817
up €44,817 (+18,029%), from €249 to €45,066
- Gross operating margin -€21,561
down €21,561 (-20.0%), from €107,826 to €86,266
- Taxes +€6,303
up €6,303 (+63.0%), from €10,008 to €16,311
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 | €3,081,752 | €5,451,769 | +€2.4m | +76.9% |
| Fixed assets | 21/28 | €2,513,536 | €5,008,505 | +€2.5m | +99.3% |
| Tangible fixed assets | 22/27 | €13,496 | €8,330 | -€5,166 | -38.3% |
| Furniture and vehicles | 24 | €13,496 | €8,330 | -€5,166 | -38.3% |
| Financial fixed assets | 28 | €2,500,040 | €5,000,175 | +€2.5m | +100% |
| Current assets | 29/58 | €568,216 | €443,264 | -€124,952 | -22.0% |
| Amounts receivable within one year | 40/41 | €41,411 | €124,461 | +€83,050 | +201% |
| Trade receivables | 40 | €40,462 | €124,461 | +€83,999 | +208% |
| Other amounts receivable | 41 | €949 | €0 | -€949 | -100% |
| Cash at bank and in hand | 54/58 | €522,475 | €294,972 | -€227,502 | -43.5% |
| Deferred charges and accrued income | 490/1 | €4,331 | €23,832 | +€19,501 | +450% |
| Total equity and liabilities | 10/49 | €3,081,752 | €5,451,769 | +€2.4m | +76.9% |
| Equity | 10/15 | €3,037,053 | €3,095,147 | +€58,093 | +1.9% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €37,053 | €95,147 | +€58,093 | +157% |
| Distributable reserves | 133 | €37,053 | €95,147 | +€58,093 | +157% |
| Amounts payable | 17/49 | €44,698 | €2,356,622 | +€2.3m | +5,172% |
| Amounts payable after more than one year | 17 | - | €2,300,000 | +€2.3m | |
| Other amounts payable | 178/9 | - | €2,300,000 | +€2.3m | |
| Amounts payable within one year | 42/48 | €44,698 | €56,622 | +€11,924 | +26.7% |
| Trade debts | 44 | €21,010 | €4,283 | -€16,727 | -79.6% |
| Suppliers | 440/4 | €21,010 | €4,283 | -€16,727 | -79.6% |
| Taxes, remuneration and social security | 45 | €8,780 | €22,834 | +€14,054 | +160% |
| Taxes | 450/3 | €8,780 | €22,834 | +€14,054 | +160% |
| Other amounts payable | 47/48 | €14,909 | €29,505 | +€14,597 | +97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,135 | €5,166 | +€31 | +0.6% |
| Other operating charges | 640/8 | €59,486 | €10,840 | -€48,646 | -81.8% |
| Gross operating margin | 9900 | €107,826 | €86,266 | -€21,561 | -20.0% |
| Operating profit (loss) | 9901 | €43,205 | €70,260 | +€27,054 | +62.6% |
| Financial income | 75/76B | €4,105 | €49,210 | +€45,105 | +1,099% |
| Recurring financial income | 75 | €4,105 | €49,210 | +€45,105 | +1,099% |
| Financial charges | 65/66B | €249 | €45,066 | +€44,817 | +18,029% |
| Recurring financial charges | 65 | €249 | €45,066 | +€44,817 | +18,029% |
| Profit (loss) for the period before taxes | 9903 | €47,061 | €74,404 | +€27,343 | +58.1% |
| Income taxes | 67/77 | €10,008 | €16,311 | +€6,303 | +63.0% |
| Profit (loss) for the period | 9904 | €37,053 | €58,093 | +€21,040 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,053 | €58,093 | +€21,040 | +56.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.