CLT TERRASSEMENTS: 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.
CLT TERRASSEMENTS
Largest movements
- Receivables within one year +€88,932
up €88,932 (+76.2%), from €116,739 to €205,671
of which Trade receivables: +€94,541
- Cash -€20,819
down €20,819 (-50.2%), from €41,503 to €20,684
mainly Receivables within one year (-€88,932) and Investment in fixed assets (net) (-€62,982)
- Tangible fixed assets +€16,570
up €16,570 (+6.7%), from €246,590 to €263,160
of which Plant, machinery and equipment: +€32,262
- Profit (loss) carried forward +€118,671
up €118,671 (+82.9%), from €143,125 to €261,797
- Other debts -€47,310
down €47,310 (-99.9%), from €47,366 to €56
- Tax, wage and social debts +€22,211
up €22,211 (+106%), from €20,856 to €43,067
of which Taxes: +€20,120
- Trade debts -€6,830
down €6,830 (-11.4%), from €59,920 to €53,090
- Gross operating margin +€146,584
up €146,584 (+105%), from €139,150 to €285,734
- Staff costs +€61,011
up €61,011 (+955%), from €6,390 to €67,400
- Depreciation +€18,673
up €18,673 (+67.3%), from €27,738 to €46,412
- Taxes +€16,322
up €16,322 (+90.1%), from €18,119 to €34,441
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 | €410,076 | €497,230 | +€87,154 | +21.3% |
| Fixed assets | 21/28 | €246,795 | €263,365 | +€16,570 | +6.7% |
| Tangible fixed assets | 22/27 | €246,590 | €263,160 | +€16,570 | +6.7% |
| Plant, machinery and equipment | 23 | €111,179 | €143,441 | +€32,262 | +29.0% |
| Furniture and vehicles | 24 | €72,292 | €69,735 | -€2,557 | -3.5% |
| Leasing and similar rights | 25 | €63,119 | €49,984 | -€13,136 | -20.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €163,281 | €233,865 | +€70,584 | +43.2% |
| Amounts receivable within one year | 40/41 | €116,739 | €205,671 | +€88,932 | +76.2% |
| Trade receivables | 40 | €94,946 | €189,487 | +€94,541 | +99.6% |
| Other amounts receivable | 41 | €21,793 | €16,184 | -€5,609 | -25.7% |
| Cash at bank and in hand | 54/58 | €41,503 | €20,684 | -€20,819 | -50.2% |
| Deferred charges and accrued income | 490/1 | €5,039 | €7,510 | +€2,471 | +49.0% |
| Total equity and liabilities | 10/49 | €410,076 | €497,230 | +€87,154 | +21.3% |
| Equity | 10/15 | €145,125 | €263,797 | +€118,671 | +81.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,125 | €261,797 | +€118,671 | +82.9% |
| Amounts payable | 17/49 | €264,951 | €233,433 | -€31,517 | -11.9% |
| Amounts payable after more than one year | 17 | €97,664 | €98,158 | +€494 | +0.5% |
| Financial debts | 170/4 | €97,664 | €98,158 | +€494 | +0.5% |
| Amounts payable within one year | 42/48 | €167,287 | €135,275 | -€32,011 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €39,145 | €39,062 | -€83 | -0.2% |
| Trade debts | 44 | €59,920 | €53,090 | -€6,830 | -11.4% |
| Suppliers | 440/4 | €59,920 | €53,090 | -€6,830 | -11.4% |
| Taxes, remuneration and social security | 45 | €20,856 | €43,067 | +€22,211 | +106% |
| Taxes | 450/3 | €20,856 | €40,976 | +€20,120 | +96.5% |
| Remuneration and social security | 454/9 | €0 | €2,091 | +€2,091 | |
| Other amounts payable | 47/48 | €47,366 | €56 | -€47,310 | -99.9% |
| Remuneration, social security and pensions | 62 | €6,390 | €67,400 | +€61,011 | +955% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,738 | €46,412 | +€18,673 | +67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €273 | €0 | -€273 | -100% |
| Other operating charges | 640/8 | €7,995 | €10,649 | +€2,654 | +33.2% |
| Non-recurring operating charges | 66A | €1,030 | €396 | -€634 | -61.5% |
| Gross operating margin | 9900 | €139,150 | €285,734 | +€146,584 | +105% |
| Operating profit (loss) | 9901 | €95,724 | €160,877 | +€65,153 | +68.1% |
| Financial income | 75/76B | €10 | €1 | -€9 | -91.1% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -91.1% |
| Financial charges | 65/66B | €5,536 | €7,766 | +€2,230 | +40.3% |
| Recurring financial charges | 65 | €5,536 | €7,766 | +€2,230 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €90,199 | €153,112 | +€62,914 | +69.8% |
| Income taxes | 67/77 | €18,119 | €34,441 | +€16,322 | +90.1% |
| Profit (loss) for the period | 9904 | €72,079 | €118,671 | +€46,592 | +64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,079 | €118,671 | +€46,592 | +64.6% |
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 30 October 2026 via checked.be.