CT AVOCAT: 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.
CT AVOCAT
Largest movements
- Cash +€139,636
up €139,636 (+526%), from €26,526 to €166,162
mainly Net result for the year (+€176,716) and Tax, wage and social debts (+€61,178)
- Receivables within one year +€74,680
up €74,680 (+532%), from €14,037 to €88,717
of which Other amounts receivable: +€45,165
- Receivables after one year +€26,400
up €26,400 (+20.0%), from €132,000 to €158,400
- Tangible fixed assets -€11,100
down €11,100 (-61.2%), from €18,123 to €7,023
- Deferred charges and accrued income +€8,012
up €8,012 (+80.6%), from €9,940 to €17,952
- Profit (loss) carried forward +€176,716
up €176,716 (+133%), from €132,891 to €309,608
- Tax, wage and social debts +€61,178
up €61,178 (+112%), from €54,764 to €115,942
- Gross operating margin +€61,964
up €61,964 (+35.1%), from €176,391 to €238,355
- Taxes +€14,321
up €14,321 (+37.1%), from €38,579 to €52,900
- Depreciation +€7,023
up €7,023 (+172%), from €4,078 to €11,100
- Financial income +€2,646
up €2,646 (+6,168%), from €43 to €2,689
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 | €200,626 | €438,253 | +€237,627 | +118% |
| Fixed assets | 21/28 | €18,123 | €7,023 | -€11,100 | -61.2% |
| Tangible fixed assets | 22/27 | €18,123 | €7,023 | -€11,100 | -61.2% |
| Furniture and vehicles | 24 | €18,123 | €7,023 | -€11,100 | -61.2% |
| Current assets | 29/58 | €182,503 | €431,231 | +€248,728 | +136% |
| Amounts receivable after more than one year | 29 | €132,000 | €158,400 | +€26,400 | +20.0% |
| Other amounts receivable | 291 | €132,000 | €158,400 | +€26,400 | +20.0% |
| Amounts receivable within one year | 40/41 | €14,037 | €88,717 | +€74,680 | +532% |
| Trade receivables | 40 | €12,940 | €42,455 | +€29,515 | +228% |
| Other amounts receivable | 41 | €1,097 | €46,262 | +€45,165 | +4,116% |
| Cash at bank and in hand | 54/58 | €26,526 | €166,162 | +€139,636 | +526% |
| Deferred charges and accrued income | 490/1 | €9,940 | €17,952 | +€8,012 | +80.6% |
| Total equity and liabilities | 10/49 | €200,626 | €438,253 | +€237,627 | +118% |
| Equity | 10/15 | €145,391 | €322,108 | +€176,716 | +122% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,891 | €309,608 | +€176,716 | +133% |
| Amounts payable | 17/49 | €55,235 | €116,145 | +€60,911 | +110% |
| Amounts payable within one year | 42/48 | €55,054 | €115,942 | +€60,888 | +111% |
| Trade debts | 44 | €290 | €0 | -€290 | -100% |
| Suppliers | 440/4 | €290 | €0 | -€290 | -100% |
| Taxes, remuneration and social security | 45 | €54,764 | €115,942 | +€61,178 | +112% |
| Taxes | 450/3 | €54,764 | €115,942 | +€61,178 | +112% |
| Accrued charges and deferred income | 492/3 | €180 | €203 | +€23 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,078 | €11,100 | +€7,023 | +172% |
| Other operating charges | 640/8 | €654 | €152 | -€502 | -76.8% |
| Gross operating margin | 9900 | €176,391 | €238,355 | +€61,964 | +35.1% |
| Operating profit (loss) | 9901 | €171,659 | €227,103 | +€55,443 | +32.3% |
| Financial income | 75/76B | €43 | €2,689 | +€2,646 | +6,168% |
| Recurring financial income | 75 | €43 | €2,689 | +€2,646 | +6,168% |
| Financial charges | 65/66B | €232 | €176 | -€57 | -24.4% |
| Recurring financial charges | 65 | €232 | €176 | -€57 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €171,470 | €229,616 | +€58,146 | +33.9% |
| Income taxes | 67/77 | €38,579 | €52,900 | +€14,321 | +37.1% |
| Profit (loss) for the period | 9904 | €132,891 | €176,716 | +€43,825 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €132,891 | €176,716 | +€43,825 | +33.0% |
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 16 October 2026 via checked.be.