CRTG: 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.
CRTG
Largest movements
- Tangible fixed assets -€9,632
down €9,632 (-22.6%), from €42,694 to €33,062
of which Plant, machinery and equipment: -€9,531
- Cash +€8,545
up €8,545 (+53.1%), from €16,094 to €24,639
mainly Depreciation (+€9,632) and Deferred charges and accrued income (+€4,192)
- Deferred charges and accrued income -€4,192
down €4,192 (-98.7%), from €4,246 to €54
- Receivables within one year +€1,308
up €1,308 (+52.2%), from €2,506 to €3,814
of which Trade receivables: +€1,854
- Stocks and contracts +€1,025
up €1,025 (+12.4%), from €8,254 to €9,279
- Other debts -€11,286
down €11,286 (-19.6%), from €57,455 to €46,169
- Trade debts +€2,328
up €2,328 (+5.6%), from €41,512 to €43,840
- Profit (loss) carried forward +€1,756
up €1,756 (+1.7%), from -€101,016 to -€99,259
- Tax, wage and social debts +€1,697
up €1,697 (+13.6%), from €12,477 to €14,173
- Accrued charges and deferred income +€1,553
new in 2024: €1,553
- Gross operating margin +€26,451
up €26,451 (+25.2%), from €104,840 to €131,290
- Staff costs +€3,866
up €3,866 (+3.6%), from €106,992 to €110,858
- Financial charges -€1,376
down €1,376 (-17.5%), from €7,858 to €6,482
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,428 | €76,482 | -€3,947 | -4.9% |
| Fixed assets | 21/28 | €47,454 | €37,822 | -€9,632 | -20.3% |
| Tangible fixed assets | 22/27 | €42,694 | €33,062 | -€9,632 | -22.6% |
| Land and buildings | 22 | €1,817 | €1,715 | -€102 | -5.6% |
| Plant, machinery and equipment | 23 | €40,877 | €31,347 | -€9,531 | -23.3% |
| Financial fixed assets | 28 | €4,760 | €4,760 | = | 0.0% |
| Current assets | 29/58 | €32,974 | €38,660 | +€5,686 | +17.2% |
| Amounts receivable after more than one year | 29 | €1,874 | €874 | -€1,000 | -53.4% |
| Other amounts receivable | 291 | €1,874 | €874 | -€1,000 | -53.4% |
| Stocks and contracts in progress | 3 | €8,254 | €9,279 | +€1,025 | +12.4% |
| Stocks | 30/36 | €8,254 | €9,279 | +€1,025 | +12.4% |
| Amounts receivable within one year | 40/41 | €2,506 | €3,814 | +€1,308 | +52.2% |
| Trade receivables | 40 | €1,484 | €3,338 | +€1,854 | +124.9% |
| Other amounts receivable | 41 | €1,022 | €476 | -€545 | -53.4% |
| Cash at bank and in hand | 54/58 | €16,094 | €24,639 | +€8,545 | +53.1% |
| Deferred charges and accrued income | 490/1 | €4,246 | €54 | -€4,192 | -98.7% |
| Total equity and liabilities | 10/49 | €80,428 | €76,482 | -€3,947 | -4.9% |
| Equity | 10/15 | -€31,016 | -€29,259 | +€1,756 | +5.7% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,016 | -€99,259 | +€1,756 | +1.7% |
| Amounts payable | 17/49 | €111,444 | €105,741 | -€5,703 | -5.1% |
| Amounts payable within one year | 42/48 | €111,444 | €104,188 | -€7,256 | -6.5% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €41,512 | €43,840 | +€2,328 | +5.6% |
| Suppliers | 440/4 | €41,512 | €43,840 | +€2,328 | +5.6% |
| Taxes, remuneration and social security | 45 | €12,477 | €14,173 | +€1,697 | +13.6% |
| Remuneration and social security | 454/9 | €12,477 | €14,173 | +€1,697 | +13.6% |
| Other amounts payable | 47/48 | €57,455 | €46,169 | -€11,286 | -19.6% |
| Accrued charges and deferred income | 492/3 | - | €1,553 | +€1,553 | |
| Remuneration, social security and pensions | 62 | €106,992 | €110,858 | +€3,866 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,044 | €9,632 | +€588 | +6.5% |
| Other operating charges | 640/8 | €3,315 | €2,562 | -€753 | -22.7% |
| Gross operating margin | 9900 | €104,840 | €131,290 | +€26,451 | +25.2% |
| Operating profit (loss) | 9901 | -€14,511 | €8,238 | +€22,749 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €7,858 | €6,482 | -€1,376 | -17.5% |
| Recurring financial charges | 65 | €7,858 | €6,482 | -€1,376 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,367 | €1,756 | +€24,123 | |
| Profit (loss) for the period | 9904 | -€22,367 | €1,756 | +€24,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,367 | €1,756 | +€24,123 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.