CNTRCT: what changed
Two fiscal 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.
CNTRCT
Largest movements
- Receivables within one year +€32,138
up €32,138 (+37.9%), from €84,739 to €116,877
of which Trade receivables: +€21,684
- Tangible fixed assets -€7,723
down €7,723 (-26.5%), from €29,161 to €21,439
- Financial fixed assets +€4,200
new in 2025: €4,200
- Trade debts -€22,744
down €22,744 (-75.9%), from €29,952 to €7,208
- Advances received +€20,570
new in 2025: €20,570
- Debts after one year +€10,528
up €10,528 (+54.8%), from €19,224 to €29,752
- Reserves +€10,311
up €10,311 (+27.1%), from €38,000 to €48,311
- Current portion of long-term debt +€5,807
up €5,807 (+49.5%), from €11,727 to €17,533
- Gross operating margin -€43,042
down €43,042 (-66.4%), from €64,810 to €21,768
- Taxes -€8,558
down €8,558 (-68.9%), from €12,422 to €3,864
- Other operating charges -€2,333
down €2,333 (-77.0%), from €3,030 to €697
- Depreciation -€1,730
down €1,730 (-18.3%), from €9,452 to €7,723
- Financial income +€1,195
up €1,195 (+45.5%), from €2,625 to €3,820
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.
Cash bridge derived
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 | €116,508 | €145,349 | +€28,842 | +24.8% |
| Fixed assets | 21/28 | €29,161 | €25,639 | -€3,523 | -12.1% |
| Tangible fixed assets | 22/27 | €29,161 | €21,439 | -€7,723 | -26.5% |
| Furniture and vehicles | 24 | €29,161 | €21,439 | -€7,723 | -26.5% |
| Financial fixed assets | 28 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €87,346 | €119,711 | +€32,364 | +37.1% |
| Amounts receivable within one year | 40/41 | €84,739 | €116,877 | +€32,138 | +37.9% |
| Trade receivables | 40 | €27,967 | €49,651 | +€21,684 | +77.5% |
| Other amounts receivable | 41 | €56,772 | €67,226 | +€10,454 | +18.4% |
| Cash at bank and in hand | 54/58 | €2,607 | €1,475 | -€1,132 | -43.4% |
| Deferred charges and accrued income | 490/1 | - | €1,359 | +€1,359 | |
| Total equity and liabilities | 10/49 | €116,508 | €145,349 | +€28,842 | +24.8% |
| Equity | 10/15 | €42,199 | €51,811 | +€9,612 | +22.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €38,000 | €48,311 | +€10,311 | +27.1% |
| Distributable reserves | 133 | €38,000 | €48,311 | +€10,311 | +27.1% |
| Profit (loss) carried forward | 14 | €699 | €0 | -€699 | -100.0% |
| Amounts payable | 17/49 | €74,308 | €93,538 | +€19,230 | +25.9% |
| Amounts payable after more than one year | 17 | €19,224 | €29,752 | +€10,528 | +54.8% |
| Financial debts | 170/4 | €19,224 | €29,752 | +€10,528 | +54.8% |
| Amounts payable within one year | 42/48 | €55,084 | €63,786 | +€8,702 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €11,727 | €17,533 | +€5,807 | +49.5% |
| Trade debts | 44 | €29,952 | €7,208 | -€22,744 | -75.9% |
| Suppliers | 440/4 | €29,952 | €7,208 | -€22,744 | -75.9% |
| Advances received on contracts in progress | 46 | - | €20,570 | +€20,570 | |
| Taxes, remuneration and social security | 45 | €13,405 | €18,349 | +€4,945 | +36.9% |
| Taxes | 450/3 | €13,405 | €18,349 | +€4,945 | +36.9% |
| Other amounts payable | 47/48 | - | €125 | +€125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,452 | €7,723 | -€1,730 | -18.3% |
| Other operating charges | 640/8 | €3,030 | €697 | -€2,333 | -77.0% |
| Gross operating margin | 9900 | €64,810 | €21,768 | -€43,042 | -66.4% |
| Operating profit (loss) | 9901 | €52,327 | €13,348 | -€38,979 | -74.5% |
| Financial income | 75/76B | €2,625 | €3,820 | +€1,195 | +45.5% |
| Recurring financial income | 75 | €2,625 | €3,820 | +€1,195 | +45.5% |
| Financial charges | 65/66B | €3,831 | €3,733 | -€98 | -2.5% |
| Recurring financial charges | 65 | €3,831 | €3,733 | -€98 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €51,122 | €13,435 | -€37,686 | -73.7% |
| Income taxes | 67/77 | €12,422 | €3,864 | -€8,558 | -68.9% |
| Profit (loss) for the period | 9904 | €38,699 | €9,572 | -€29,128 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,699 | €9,572 | -€29,128 | -75.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.