C.T.M.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.M.S.
Largest movements
- Receivables within one year +€59,180
up €59,180 (+10,669%), from €555 to €59,735
of which Trade receivables: +€55,309
- Tangible fixed assets +€5,149
up €5,149 (+3.3%), from €157,794 to €162,944
of which Land and buildings: +€10,120
- Trade debts +€34,877
up €34,877 (+2,803%), from €1,244 to €36,122
- Profit (loss) carried forward +€17,559
up €17,559 (+58.1%), from -€30,220 to -€12,662
- Tax, wage and social debts +€11,429
up €11,429 (+97.4%), from €11,739 to €23,168
of which Taxes: +€11,429
- Gross operating margin +€18,382
up €18,382 (+173%), from €10,639 to €29,021
- Other operating charges -€1,539
down €1,539 (-49.1%), from €3,131 to €1,593
- Financial charges -€1,016
down €1,016 (-98.1%), from €1,035 to €19
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,248 | €271,113 | +€63,865 | +30.8% |
| Fixed assets | 21/28 | €157,794 | €162,944 | +€5,149 | +3.3% |
| Tangible fixed assets | 22/27 | €157,794 | €162,944 | +€5,149 | +3.3% |
| Land and buildings | 22 | €152,449 | €162,569 | +€10,120 | +6.6% |
| Plant, machinery and equipment | 23 | €252 | €0 | -€252 | -100% |
| Furniture and vehicles | 24 | €5,093 | €375 | -€4,718 | -92.6% |
| Current assets | 29/58 | €49,454 | €108,169 | +€58,716 | +119% |
| Amounts receivable within one year | 40/41 | €555 | €59,735 | +€59,180 | +10,669% |
| Trade receivables | 40 | - | €55,309 | +€55,309 | |
| Other amounts receivable | 41 | €555 | €4,426 | +€3,871 | +698% |
| Cash at bank and in hand | 54/58 | €48,454 | €48,434 | -€19 | 0.0% |
| Deferred charges and accrued income | 490/1 | €445 | €0 | -€445 | -100% |
| Total equity and liabilities | 10/49 | €207,248 | €271,113 | +€63,865 | +30.8% |
| Equity | 10/15 | -€5,470 | €12,088 | +€17,559 | |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €2,250 | €2,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,250 | €2,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,220 | -€12,662 | +€17,559 | +58.1% |
| Amounts payable | 17/49 | €212,718 | €259,025 | +€46,306 | +21.8% |
| Amounts payable after more than one year | 17 | €31,000 | €31,000 | = | 0.0% |
| Financial debts | 170/4 | €31,000 | €31,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €180,788 | €227,094 | +€46,306 | +25.6% |
| Trade debts | 44 | €1,244 | €36,122 | +€34,877 | +2,803% |
| Suppliers | 440/4 | €1,244 | €36,122 | +€34,877 | +2,803% |
| Taxes, remuneration and social security | 45 | €11,739 | €23,168 | +€11,429 | +97.4% |
| Taxes | 450/3 | €1,539 | €12,968 | +€11,429 | +742% |
| Remuneration and social security | 454/9 | €10,200 | €10,200 | = | 0.0% |
| Other amounts payable | 47/48 | €167,804 | €167,804 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €930 | €930 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,772 | €9,851 | +€79 | +0.8% |
| Other operating charges | 640/8 | €3,131 | €1,593 | -€1,539 | -49.1% |
| Gross operating margin | 9900 | €10,639 | €29,021 | +€18,382 | +173% |
| Operating profit (loss) | 9901 | -€2,264 | €17,578 | +€19,841 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €1,035 | €19 | -€1,016 | -98.1% |
| Recurring financial charges | 65 | €1,035 | €19 | -€1,016 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,296 | €17,559 | +€20,855 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period | 9904 | -€3,297 | €17,559 | +€20,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,297 | €17,559 | +€20,855 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.