CT Consultancy: 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.
CT Consultancy
Largest movements
- Cash +€31,889
up €31,889 (+203.2%), from €15,694 to €47,583
mainly Other debts (+€50,426) and Depreciation (+€29,524)
- Receivables within one year -€25,525
down €25,525 (-59.9%), from €42,612 to €17,087
of which Trade receivables: -€17,950
- Financial fixed assets +€25,250
up €25,250 (+46.6%), from €54,232 to €79,482
- Deferred charges and accrued income +€10,607
new in 2025: €10,607
- Reserves -€51,262
down €51,262 (-43.4%), from €118,234 to €66,972
of which Distributable reserves: -€49,402
- Other debts +€50,426
new in 2025: €50,426
- Tax, wage and social debts +€25,027
up €25,027 (+252.6%), from €9,906 to €34,933
of which Taxes: +€25,027
- Trade debts +€16,490
up €16,490, from €0 to €16,490
- Debts after one year -€12,766
down €12,766 (-7.2%), from €176,132 to €163,366
- Financial charges -€6,524
down €6,524 (-33.0%), from €19,742 to €13,218
- Taxes +€6,461
up €6,461 (+65.2%), from €9,906 to €16,368
- Depreciation +€4,206
up €4,206 (+16.6%), from €25,318 to €29,524
- Gross operating margin +€3,302
up €3,302 (+5.0%), from €66,275 to €69,577
- Other operating charges +€2,314
up €2,314 (+104.7%), from €2,210 to €4,525
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 | €336,047 | €379,300 | +€43,253 | +12.9% |
| Fixed assets | 21/28 | €216,765 | €239,651 | +€22,886 | +10.6% |
| Tangible fixed assets | 22/27 | €162,533 | €160,169 | -€2,364 | -1.5% |
| Land and buildings | 22 | €146,999 | €126,515 | -€20,484 | -13.9% |
| Plant, machinery and equipment | 23 | - | €3,055 | +€3,055 | |
| Furniture and vehicles | 24 | €4,881 | €1,435 | -€3,446 | -70.6% |
| Other tangible fixed assets | 26 | €10,653 | €29,164 | +€18,511 | +173.8% |
| Financial fixed assets | 28 | €54,232 | €79,482 | +€25,250 | +46.6% |
| Current assets | 29/58 | €119,282 | €139,649 | +€20,367 | +17.1% |
| Amounts receivable after more than one year | 29 | €60,976 | €64,373 | +€3,396 | +5.6% |
| Other amounts receivable | 291 | €60,976 | €64,373 | +€3,396 | +5.6% |
| Amounts receivable within one year | 40/41 | €42,612 | €17,087 | -€25,525 | -59.9% |
| Trade receivables | 40 | €35,000 | €17,050 | -€17,950 | -51.3% |
| Other amounts receivable | 41 | €7,612 | €37 | -€7,575 | -99.5% |
| Cash at bank and in hand | 54/58 | €15,694 | €47,583 | +€31,889 | +203.2% |
| Deferred charges and accrued income | 490/1 | - | €10,607 | +€10,607 | |
| Total equity and liabilities | 10/49 | €336,047 | €379,300 | +€43,253 | +12.9% |
| Equity | 10/15 | €130,634 | €85,572 | -€45,062 | -34.5% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €118,234 | €66,972 | -€51,262 | -43.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Other | 1319 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €116,374 | €66,972 | -€49,402 | -42.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €205,413 | €293,728 | +€88,315 | +43.0% |
| Amounts payable after more than one year | 17 | €176,132 | €163,366 | -€12,766 | -7.2% |
| Financial debts | 170/4 | €176,132 | €163,366 | -€12,766 | -7.2% |
| Amounts payable within one year | 42/48 | €29,281 | €130,362 | +€101,081 | +345.2% |
| Current portion of amounts payable after more than one year | 42 | €19,374 | €28,514 | +€9,139 | +47.2% |
| Trade debts | 44 | €0 | €16,490 | +€16,490 | |
| Suppliers | 440/4 | €0 | €16,490 | +€16,490 | |
| Taxes, remuneration and social security | 45 | €9,906 | €34,933 | +€25,027 | +252.6% |
| Taxes | 450/3 | €9,906 | €34,933 | +€25,027 | +252.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €50,426 | +€50,426 | |
| Non-recurring operating income | 76A | - | €6,679 | +€6,679 | |
| Remuneration, social security and pensions | 62 | - | €157 | +€157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,318 | €29,524 | +€4,206 | +16.6% |
| Other operating charges | 640/8 | €2,210 | €4,525 | +€2,314 | +104.7% |
| Gross operating margin | 9900 | €66,275 | €69,577 | +€3,302 | +5.0% |
| Operating profit (loss) | 9901 | €38,746 | €35,372 | -€3,374 | -8.7% |
| Financial income | 75/76B | €2,744 | €3,396 | +€652 | +23.8% |
| Recurring financial income | 75 | €2,744 | €3,396 | +€652 | +23.8% |
| Financial charges | 65/66B | €19,742 | €13,218 | -€6,524 | -33.0% |
| Recurring financial charges | 65 | €19,742 | €13,218 | -€6,524 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €21,748 | €25,550 | +€3,802 | +17.5% |
| Income taxes | 67/77 | €9,906 | €16,368 | +€6,461 | +65.2% |
| Profit (loss) for the period | 9904 | €11,841 | €9,182 | -€2,659 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,841 | €9,182 | -€2,659 | -22.5% |
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 8 October 2026 via checked.be.