C&T Services: 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 Services
Largest movements
- Financial fixed assets -€373,000
down €373,000 (-41.9%), from €890,000 to €517,000
- Receivables within one year -€77,219
down €77,219 (-48.6%), from €158,776 to €81,557
of which Other amounts receivable: -€53,380
- Tangible fixed assets +€38,860
up €38,860 (+40.3%), from €96,377 to €135,237
of which Plant, machinery and equipment: +€23,571
- Cash -€13,547
down €13,547 (-52.8%), from €25,672 to €12,125
mainly Other debts (-€399,060) and Trade debts (-€62,573)
- Other debts -€399,060
down €399,060 (-99.8%), from €400,000 to €940
- Trade debts -€62,573
down €62,573 (-32.4%), from €192,847 to €130,274
- Debts after one year +€30,567
new in 2025: €30,567
- Profit (loss) carried forward +€24,637
up €24,637 (+6.0%), from €413,545 to €438,181
- Tax, wage and social debts -€22,164
down €22,164 (-40.7%), from €54,408 to €32,244
of which Taxes: -€24,355
- Purchases and services -€62,507
down €62,507 (-12.0%), from €522,158 to €459,650
- Turnover -€48,395
down €48,395 (-7.2%), from €670,957 to €622,562
- Gross operating margin +€28,754
up €28,754 (+18.6%), from €154,694 to €183,448
- Staff costs +€27,555
up €27,555 (+28.3%), from €97,398 to €124,953
- Taxes +€24,784
new in 2025: €24,784
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 | €1,185,142 | €757,857 | -€427,285 | -36.1% |
| Fixed assets | 21/28 | €986,377 | €652,237 | -€334,140 | -33.9% |
| Tangible fixed assets | 22/27 | €96,377 | €135,237 | +€38,860 | +40.3% |
| Land and buildings | 22 | €34,300 | €48,669 | +€14,369 | +41.9% |
| Plant, machinery and equipment | 23 | €62,072 | €85,643 | +€23,571 | +38.0% |
| Furniture and vehicles | 24 | €5 | €924 | +€919 | +19,236% |
| Financial fixed assets | 28 | €890,000 | €517,000 | -€373,000 | -41.9% |
| Current assets | 29/58 | €198,765 | €105,620 | -€93,145 | -46.9% |
| Stocks and contracts in progress | 3 | €12,897 | €10,351 | -€2,547 | -19.7% |
| Stocks | 30/36 | €12,897 | €10,351 | -€2,547 | -19.7% |
| Amounts receivable within one year | 40/41 | €158,776 | €81,557 | -€77,219 | -48.6% |
| Trade receivables | 40 | €76,928 | €53,088 | -€23,839 | -31.0% |
| Other amounts receivable | 41 | €81,848 | €28,468 | -€53,380 | -65.2% |
| Cash at bank and in hand | 54/58 | €25,672 | €12,125 | -€13,547 | -52.8% |
| Deferred charges and accrued income | 490/1 | €1,420 | €1,588 | +€169 | +11.9% |
| Total equity and liabilities | 10/49 | €1,185,142 | €757,857 | -€427,285 | -36.1% |
| Equity | 10/15 | €537,887 | €563,820 | +€25,933 | +4.8% |
| Contributions | 10/11 | €29,288 | €29,288 | = | 0.0% |
| Capital | 10 | €29,288 | €29,288 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Uncalled capital | 101 | €32,213 | €32,213 | = | 0.0% |
| Reserves | 13 | €95,055 | €96,352 | +€1,297 | +1.4% |
| Non-distributable reserves | 130/1 | €6,055 | €7,352 | +€1,297 | +21.4% |
| Legal reserve | 130 | €4,027 | €5,323 | +€1,297 | +32.2% |
| Other | 1319 | €2,028 | €2,028 | = | 0.0% |
| Distributable reserves | 133 | €89,000 | €89,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €413,545 | €438,181 | +€24,637 | +6.0% |
| Amounts payable | 17/49 | €647,255 | €194,037 | -€453,218 | -70.0% |
| Amounts payable after more than one year | 17 | - | €30,567 | +€30,567 | |
| Other amounts payable | 178/9 | - | €30,567 | +€30,567 | |
| Amounts payable within one year | 42/48 | €647,255 | €163,458 | -€483,797 | -74.7% |
| Trade debts | 44 | €192,847 | €130,274 | -€62,573 | -32.4% |
| Suppliers | 440/4 | €192,847 | €130,274 | -€62,573 | -32.4% |
| Taxes, remuneration and social security | 45 | €54,408 | €32,244 | -€22,164 | -40.7% |
| Taxes | 450/3 | €47,527 | €23,172 | -€24,355 | -51.2% |
| Remuneration and social security | 454/9 | €6,881 | €9,072 | +€2,191 | +31.8% |
| Other amounts payable | 47/48 | €400,000 | €940 | -€399,060 | -99.8% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Turnover | 70 | €670,957 | €622,562 | -€48,395 | -7.2% |
| Non-recurring operating income | 76A | - | €14,458 | +€14,458 | |
| Goods, raw materials, services and sundry goods | 60/61 | €522,158 | €459,650 | -€62,507 | -12.0% |
| Remuneration, social security and pensions | 62 | €97,398 | €124,953 | +€27,555 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,103 | €21,928 | +€8,825 | +67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,304 | -€2,304 | |
| Other operating charges | 640/8 | €19,909 | €14,880 | -€5,029 | -25.3% |
| Non-recurring operating charges | 66A | €25,931 | - | -€25,931 | |
| Gross operating margin | 9900 | €154,694 | €183,448 | +€28,754 | +18.6% |
| Operating profit (loss) | 9901 | -€1,647 | €23,992 | +€25,639 | |
| Financial income | 75/76B | €45,091 | €27,930 | -€17,161 | -38.1% |
| Recurring financial income | 75 | €45,091 | €27,930 | -€17,161 | -38.1% |
| Financial charges | 65/66B | €14 | €1,204 | +€1,191 | +8,684% |
| Recurring financial charges | 65 | €14 | €1,204 | +€1,191 | +8,684% |
| Profit (loss) for the period before taxes | 9903 | €43,431 | €50,717 | +€7,287 | +16.8% |
| Income taxes | 67/77 | - | €24,784 | +€24,784 | |
| Profit (loss) for the period | 9904 | €43,431 | €25,933 | -€17,497 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,431 | €25,933 | -€17,497 | -40.3% |
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 18 October 2026 via checked.be.