CIT BLATON: 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.
What changed
CIT BLATON
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11.0m
2024 · €12.6m-€1.6m
Equity
-
not filed
Cash
€33.1m
2024 · €31.3m+€1.8m
Balance sheet total
€186.9m
2024 · €172.8m+€14.1m
Largest movements
Assets
- Stocks and contracts +€12.8m
up €12.8m (+59.8%), from €21.4m to €34.3m
of which Contracts in progress: +€13.1m
- Receivables within one year -€3.3m
down €3.3m (-4.9%), from €67.1m to €63.8m
of which Trade receivables: -€12.4m
Equity and liabilities
- Total equity and liabilities +€14.1m
up €14.1m (+8.2%), from €172.8m to €186.9m
Income statement
- Turnover +€47.6m
up €47.6m (+18.6%), from €255.5m to €303.0m
- Goods and materials +€26.6m
up €26.6m (+12.8%), from €207.7m to €234.2m
- Write-downs -€6.2m
down €6.2m (-99.8%), from €6.3m to €13,452
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.
Result 2024
€12.6m
Turnover
+€47.6m
Other operating income
+€638,442
Goods and materials
-€26.6m
Services and other goods
-€249,620
Staff costs
-€2.1m
Depreciation
-€349,287
Write-downs
+€6.2m
Provisions
+€2.9m
Other operating charges
+€38,324
Other operating items
-€29.6m
Financial income
-€905,981
Financial charges
-€35,978
Taxes
+€824,075
Result 2025
€11.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€18.6m
Investment
-€5.8m
Financing
-€11.0m
Cash 2024
€31.3m
From operations (derived)
+€18.6m
Net result for the year
+€11.0m
Depreciation
+€3.2m
Stocks and contracts
-€12.8m
Receivables within one year
+€3.3m
Deferred charges and accrued income
-€98,438
Total equity and liabilities
+€14.1m
Investment (derived)
-€5.8m
Investment in fixed assets (net)
-€6.4m
Current investments
+€556,631
Financing
-€11.0m
Contributions, distributions and other
-€11.0m
Cash 2025
€33.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,811,693 | €186,896,561 | +€14.1m | +8.2% |
| Fixed assets | 21/28 | €25,561,941 | €28,727,274 | +€3.2m | +12.4% |
| Tangible fixed assets | 22/27 | €14,074,581 | €15,689,829 | +€1.6m | +11.5% |
| Land and buildings | 22 | €2,149,717 | €1,860,695 | -€289,022 | -13.4% |
| Plant, machinery and equipment | 23 | €3,117,031 | €4,487,116 | +€1.4m | +44.0% |
| Furniture and vehicles | 24 | €2,722,547 | €3,540,360 | +€817,813 | +30.0% |
| Other tangible fixed assets | 26 | €6,085,287 | €5,801,657 | -€283,630 | -4.7% |
| Financial fixed assets | 28 | €11,487,360 | €13,037,445 | +€1.6m | +13.5% |
| Affiliated companies | 280/1 | €11,153,703 | €12,703,788 | +€1.6m | +13.9% |
| Participating interests | 280 | €1,919,036 | €1,919,121 | +€85 | 0.0% |
| Amounts receivable | 281 | €9,234,667 | €10,784,667 | +€1.6m | +16.8% |
| Other financial fixed assets | 284/8 | €333,657 | €333,657 | = | 0.0% |
| Shares | 284 | €53,657 | €53,657 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €280,000 | €280,000 | = | 0.0% |
| Current assets | 29/58 | €147,249,752 | €158,169,288 | +€10.9m | +7.4% |
| Stocks and contracts in progress | 3 | €21,441,944 | €34,271,470 | +€12.8m | +59.8% |
| Stocks | 30/36 | €2,082,886 | €1,833,868 | -€249,018 | -12.0% |
| Raw materials and consumables | 30/31 | €2,082,886 | €1,833,868 | -€249,018 | -12.0% |
| Contracts in progress | 37 | €19,359,057 | €32,437,602 | +€13.1m | +67.6% |
| Amounts receivable within one year | 40/41 | €67,090,349 | €63,825,756 | -€3.3m | -4.9% |
| Trade receivables | 40 | €57,869,565 | €45,453,795 | -€12.4m | -21.5% |
| Other amounts receivable | 41 | €9,220,783 | €18,371,961 | +€9.2m | +99.2% |
| Current investments | 50/53 | €27,159,054 | €26,602,423 | -€556,631 | -2.0% |
| Other investments | 51/53 | €27,159,054 | €26,602,423 | -€556,631 | -2.0% |
| Cash at bank and in hand | 54/58 | €31,280,600 | €33,093,395 | +€1.8m | +5.8% |
| Deferred charges and accrued income | 490/1 | €277,805 | €376,243 | +€98,438 | +35.4% |
| Total equity and liabilities | 10/49 | €172,811,693 | €186,896,561 | +€14.1m | +8.2% |
| Contributions | 10/11 | €6,600,000 | €6,600,000 | = | 0.0% |
| Capital | 10 | €6,600,000 | €6,600,000 | = | 0.0% |
| Issued capital | 100 | €6,600,000 | €6,600,000 | = | 0.0% |
| Reserves | 13 | €49,218,282 | €54,688,902 | +€5.5m | +11.1% |
| Non-distributable reserves | 130/1 | €660,000 | €660,000 | = | 0.0% |
| Legal reserve | 130 | €660,000 | €660,000 | = | 0.0% |
| Distributable reserves | 133 | €48,558,282 | €54,028,902 | +€5.5m | +11.3% |
| Provisions for liabilities and charges | 160/5 | €3,785,000 | €3,990,000 | +€205,000 | +5.4% |
| Major repairs and maintenance | 162 | €3,785,000 | €3,990,000 | +€205,000 | +5.4% |
| Amounts payable | 17/49 | €113,208,411 | €121,617,660 | +€8.4m | +7.4% |
| Amounts payable after more than one year | 17 | €2,646,000 | €2,268,000 | -€378,000 | -14.3% |
| Financial debts | 170/4 | €2,646,000 | €2,268,000 | -€378,000 | -14.3% |
| Credit institutions | 173 | €2,646,000 | €2,268,000 | -€378,000 | -14.3% |
| Amounts payable within one year | 42/48 | €109,392,617 | €117,941,767 | +€8.5m | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €378,000 | €378,000 | = | 0.0% |
| Trade debts | 44 | €69,971,478 | €60,278,664 | -€9.7m | -13.9% |
| Suppliers | 440/4 | €69,971,478 | €60,278,664 | -€9.7m | -13.9% |
| Advances received on contracts in progress | 46 | €18,936,175 | €40,330,397 | +€21.4m | +113% |
| Taxes, remuneration and social security | 45 | €8,645,847 | €6,707,035 | -€1.9m | -22.4% |
| Taxes | 450/3 | €4,947,253 | €2,391,120 | -€2.6m | -51.7% |
| Remuneration and social security | 454/9 | €3,698,594 | €4,315,915 | +€617,321 | +16.7% |
| Other amounts payable | 47/48 | €11,461,118 | €10,247,671 | -€1.2m | -10.6% |
| Accrued charges and deferred income | 492/3 | €1,169,793 | €1,407,893 | +€238,100 | +20.4% |
| Operating income | 70/76A | €279,699,010 | €298,303,241 | +€18.6m | +6.7% |
| Turnover | 70 | €255,455,312 | €303,047,400 | +€47.6m | +18.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €21,336,621 | -€8,289,677 | -€29.6m | |
| Other operating income | 74 | €2,907,076 | €3,545,518 | +€638,442 | +22.0% |
| Operating charges | 60/66A | €264,530,545 | €284,661,843 | +€20.1m | +7.6% |
| Goods for resale, raw materials and consumables | 60 | €207,656,945 | €234,225,840 | +€26.6m | +12.8% |
| Change in stocks: decrease (increase) | 609 | -€449,117 | €249,018 | +€698,135 | |
| Services and other goods | 61 | €15,834,617 | €16,084,237 | +€249,620 | +1.6% |
| Remuneration, social security and pensions | 62 | €28,473,240 | €30,596,608 | +€2.1m | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,861,748 | €3,211,035 | +€349,287 | +12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,250,000 | €13,452 | -€6.2m | -99.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,090,000 | €205,000 | -€2.9m | -93.4% |
| Other operating charges | 640/8 | €363,995 | €325,671 | -€38,324 | -10.5% |
| Operating profit (loss) | 9901 | €15,168,464 | €13,641,398 | -€1.5m | -10.1% |
| Recurring financial income | 75 | €2,261,756 | €1,355,775 | -€905,981 | -40.1% |
| Income from financial fixed assets | 750 | €1,765,239 | €552,757 | -€1.2m | -68.7% |
| Income from current assets | 751 | €496,517 | €803,019 | +€306,502 | +61.7% |
| Financial charges | 65/66B | €267,819 | €303,797 | +€35,978 | +13.4% |
| Recurring financial charges | 65 | €267,594 | €303,797 | +€36,203 | +13.5% |
| Debt charges | 650 | €73,474 | €64,638 | -€8,836 | -12.0% |
| Other financial charges | 652/9 | €194,120 | €239,159 | +€45,039 | +23.2% |
| Non-recurring financial charges | 66B | €225 | - | -€225 | |
| Profit (loss) for the period before taxes | 9903 | €17,162,401 | €14,693,376 | -€2.5m | -14.4% |
| Income taxes | 67/77 | €4,546,832 | €3,722,757 | -€824,075 | -18.1% |
| Taxes | 670/3 | €4,546,832 | €3,972,757 | -€574,075 | -12.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €250,000 | +€250,000 | |
| Profit (loss) for the period | 9904 | €12,615,569 | €10,970,619 | -€1.6m | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,615,569 | €10,970,619 | -€1.6m | -13.0% |
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 15 October 2026 via checked.be.