CRTL: 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.
CRTL
Largest movements
- Receivables within one year -€344,370
down €344,370 (-48.8%), from €706,162 to €361,792
of which Other amounts receivable: -€209,605
- Cash +€98,476
up €98,476 (+83.5%), from €117,931 to €216,407
mainly Receivables within one year (+€344,370) and Tax, wage and social debts (+€48,465)
- Tangible fixed assets -€18,256
down €18,256 (-7.5%), from €243,923 to €225,667
of which Land and buildings: -€19,299
- Reserves -€276,993
down €276,993 (-31.9%), from €868,566 to €591,573
of which Distributable reserves: -€276,993
- Debts after one year -€48,496
down €48,496 (-65.9%), from €73,625 to €25,129
of which Other amounts payable: -€43,361
- Tax, wage and social debts +€48,465
up €48,465 (+61.6%), from €78,693 to €127,158
of which Taxes: +€57,939
- Other debts +€22,706
new in 2024: €22,706
- Gross operating margin -€41,136
down €41,136 (-7.6%), from €538,939 to €497,803
- Taxes -€15,877
down €15,877 (-92.3%), from €17,202 to €1,326
- Financial income -€8,588
down €8,588 (-64.4%), from €13,327 to €4,739
- Staff costs +€5,630
up €5,630 (+1.3%), from €430,210 to €435,840
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 | €1,068,457 | €804,307 | -€264,150 | -24.7% |
| Fixed assets | 21/28 | €244,364 | €226,108 | -€18,256 | -7.5% |
| Tangible fixed assets | 22/27 | €243,923 | €225,667 | -€18,256 | -7.5% |
| Land and buildings | 22 | €225,965 | €206,665 | -€19,299 | -8.5% |
| Plant, machinery and equipment | 23 | €15,021 | €14,091 | -€930 | -6.2% |
| Furniture and vehicles | 24 | €2,938 | €4,911 | +€1,973 | +67.2% |
| Financial fixed assets | 28 | €441 | €441 | = | 0.0% |
| Current assets | 29/58 | €824,093 | €578,198 | -€245,894 | -29.8% |
| Amounts receivable within one year | 40/41 | €706,162 | €361,792 | -€344,370 | -48.8% |
| Trade receivables | 40 | €389,226 | €254,460 | -€134,765 | -34.6% |
| Other amounts receivable | 41 | €316,936 | €107,331 | -€209,605 | -66.1% |
| Cash at bank and in hand | 54/58 | €117,931 | €216,407 | +€98,476 | +83.5% |
| Total equity and liabilities | 10/49 | €1,068,457 | €804,307 | -€264,150 | -24.7% |
| Equity | 10/15 | €899,866 | €622,873 | -€276,993 | -30.8% |
| Contributions | 10/11 | €31,300 | €31,300 | = | 0.0% |
| Reserves | 13 | €868,566 | €591,573 | -€276,993 | -31.9% |
| Non-distributable reserves | 130/1 | €3,120 | €3,120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,120 | €3,120 | = | 0.0% |
| Distributable reserves | 133 | €865,446 | €588,453 | -€276,993 | -32.0% |
| Amounts payable | 17/49 | €168,591 | €181,433 | +€12,842 | +7.6% |
| Amounts payable after more than one year | 17 | €73,625 | €25,129 | -€48,496 | -65.9% |
| Financial debts | 170/4 | €17,278 | €12,142 | -€5,135 | -29.7% |
| Other amounts payable | 178/9 | €56,347 | €12,987 | -€43,361 | -77.0% |
| Amounts payable within one year | 42/48 | €94,966 | €156,304 | +€61,338 | +64.6% |
| Current portion of amounts payable after more than one year | 42 | €5,062 | €5,135 | +€73 | +1.4% |
| Trade debts | 44 | €11,211 | €1,304 | -€9,906 | -88.4% |
| Suppliers | 440/4 | €11,211 | €1,304 | -€9,906 | -88.4% |
| Taxes, remuneration and social security | 45 | €78,693 | €127,158 | +€48,465 | +61.6% |
| Taxes | 450/3 | €32,725 | €90,664 | +€57,939 | +177.1% |
| Remuneration and social security | 454/9 | €45,968 | €36,494 | -€9,474 | -20.6% |
| Other amounts payable | 47/48 | - | €22,706 | +€22,706 | |
| Remuneration, social security and pensions | 62 | €430,210 | €435,840 | +€5,630 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,391 | €38,380 | -€11 | 0.0% |
| Other operating charges | 640/8 | €41,063 | €42,356 | +€1,292 | +3.1% |
| Gross operating margin | 9900 | €538,939 | €497,803 | -€41,136 | -7.6% |
| Operating profit (loss) | 9901 | €29,274 | -€18,773 | -€48,048 | |
| Financial income | 75/76B | €13,327 | €4,739 | -€8,588 | -64.4% |
| Recurring financial income | 75 | €13,327 | €4,739 | -€8,588 | -64.4% |
| Financial charges | 65/66B | €2,630 | €1,633 | -€997 | -37.9% |
| Recurring financial charges | 65 | €2,630 | €1,633 | -€997 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €39,971 | -€15,667 | -€55,638 | |
| Income taxes | 67/77 | €17,202 | €1,326 | -€15,877 | -92.3% |
| Profit (loss) for the period | 9904 | €22,769 | -€16,993 | -€39,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,769 | -€16,993 | -€39,761 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.