CLTSC: 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.
CLTSC
Largest movements
- Tangible fixed assets -€14,366
down €14,366 (-17.6%), from €81,500 to €67,134
of which Furniture and vehicles: -€12,384
- Receivables within one year -€6,651
down €6,651 (-25.8%), from €25,734 to €19,083
of which Trade receivables: -€6,814
- Cash +€4,067
up €4,067 (+20.3%), from €20,075 to €24,142
mainly Net result for the year (+€46,657) and Other debts (+€29,658)
- Profit (loss) carried forward -€33,343
down €33,343 (-74.7%), from €44,645 to €11,302
- Other debts +€29,658
up €29,658 (+74.9%), from €39,584 to €69,241
- Debts after one year -€12,026
down €12,026 (-69.2%), from €17,372 to €5,346
- Current portion of long-term debt -€4,463
down €4,463 (-27.1%), from €16,489 to €12,026
- Tax, wage and social debts +€2,571
up €2,571 (+24.4%), from €10,520 to €13,092
of which Taxes: +€2,571
- Gross operating margin +€2,827
up €2,827 (+3.8%), from €74,406 to €77,233
- Taxes +€1,253
up €1,253 (+9.6%), from €13,077 to €14,329
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 | €129,324 | €112,636 | -€16,688 | -12.9% |
| Fixed assets | 21/28 | €82,000 | €67,634 | -€14,366 | -17.5% |
| Tangible fixed assets | 22/27 | €81,500 | €67,134 | -€14,366 | -17.6% |
| Land and buildings | 22 | €31,199 | €29,824 | -€1,375 | -4.4% |
| Plant, machinery and equipment | 23 | €503 | €164 | -€339 | -67.5% |
| Furniture and vehicles | 24 | €47,665 | €35,280 | -€12,384 | -26.0% |
| Other tangible fixed assets | 26 | €2,134 | €1,866 | -€268 | -12.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €47,324 | €45,002 | -€2,322 | -4.9% |
| Amounts receivable within one year | 40/41 | €25,734 | €19,083 | -€6,651 | -25.8% |
| Trade receivables | 40 | €25,726 | €18,912 | -€6,814 | -26.5% |
| Other amounts receivable | 41 | €8 | €171 | +€163 | +2,122% |
| Cash at bank and in hand | 54/58 | €20,075 | €24,142 | +€4,067 | +20.3% |
| Deferred charges and accrued income | 490/1 | €1,515 | €1,777 | +€261 | +17.3% |
| Total equity and liabilities | 10/49 | €129,324 | €112,636 | -€16,688 | -12.9% |
| Equity | 10/15 | €44,645 | €11,302 | -€33,343 | -74.7% |
| Profit (loss) carried forward | 14 | €44,645 | €11,302 | -€33,343 | -74.7% |
| Amounts payable | 17/49 | €84,679 | €101,335 | +€16,655 | +19.7% |
| Amounts payable after more than one year | 17 | €17,372 | €5,346 | -€12,026 | -69.2% |
| Financial debts | 170/4 | €17,372 | €5,346 | -€12,026 | -69.2% |
| Amounts payable within one year | 42/48 | €67,307 | €95,989 | +€28,682 | +42.6% |
| Current portion of amounts payable after more than one year | 42 | €16,489 | €12,026 | -€4,463 | -27.1% |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €714 | €1,618 | +€904 | +127% |
| Suppliers | 440/4 | €714 | €1,618 | +€904 | +127% |
| Taxes, remuneration and social security | 45 | €10,520 | €13,092 | +€2,571 | +24.4% |
| Taxes | 450/3 | €10,520 | €13,092 | +€2,571 | +24.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €39,584 | €69,241 | +€29,658 | +74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,646 | €14,366 | -€281 | -1.9% |
| Other operating charges | 640/8 | €746 | €769 | +€23 | +3.1% |
| Gross operating margin | 9900 | €74,406 | €77,233 | +€2,827 | +3.8% |
| Operating profit (loss) | 9901 | €59,013 | €62,097 | +€3,084 | +5.2% |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €1,584 | €1,116 | -€468 | -29.6% |
| Recurring financial charges | 65 | €1,584 | €1,116 | -€468 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €57,429 | €60,986 | +€3,557 | +6.2% |
| Income taxes | 67/77 | €13,077 | €14,329 | +€1,253 | +9.6% |
| Profit (loss) for the period | 9904 | €44,352 | €46,657 | +€2,304 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,352 | €46,657 | +€2,304 | +5.2% |
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 29 October 2026 via checked.be.