CT ELEC: 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 ELEC
Largest movements
- Stocks and contracts +€34,664
up €34,664 (+44.9%), from €77,223 to €111,886
- Cash -€32,398
down €32,398 (-72.0%), from €44,975 to €12,576
mainly Stocks and contracts (-€34,664) and Net result for the year (-€26,791)
- Receivables within one year +€16,108
up €16,108 (+351.4%), from €4,584 to €20,692
of which Trade receivables: +€12,858
- Tangible fixed assets -€7,012
down €7,012 (-47.6%), from €14,732 to €7,721
of which Plant, machinery and equipment: -€3,670
- Other debts +€38,791
up €38,791 (+31.4%), from €123,381 to €162,171
- Profit (loss) carried forward -€26,791
down €26,791, from €2,290 to -€24,501
- Advances received +€10,000
new in 2025: €10,000
- Trade debts -€6,024
no longer reported in 2025 (was €6,024)
- Tax, wage and social debts -€5,095
down €5,095 (-74.9%), from €6,800 to €1,705
- Gross operating margin -€15,220
down €15,220 (-448.0%), from -€3,398 to -€18,617
- Staff costs -€1,631
no longer reported in 2025 (was €1,631)
- Depreciation -€1,537
down €1,537 (-17.0%), from €9,029 to €7,493
- Taxes -€557
no longer reported in 2025 (was €557)
- Financial charges +€432
up €432 (+325.2%), from €133 to €565
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 | €141,995 | €152,876 | +€10,880 | +7.7% |
| Fixed assets | 21/28 | €15,214 | €7,721 | -€7,493 | -49.3% |
| Intangible fixed assets | 21 | €481 | - | -€481 | |
| Tangible fixed assets | 22/27 | €14,732 | €7,721 | -€7,012 | -47.6% |
| Plant, machinery and equipment | 23 | €6,235 | €2,565 | -€3,670 | -58.9% |
| Furniture and vehicles | 24 | €8,498 | €5,156 | -€3,342 | -39.3% |
| Current assets | 29/58 | €126,782 | €145,155 | +€18,373 | +14.5% |
| Stocks and contracts in progress | 3 | €77,223 | €111,886 | +€34,664 | +44.9% |
| Stocks | 30/36 | €77,223 | €111,886 | +€34,664 | +44.9% |
| Amounts receivable within one year | 40/41 | €4,584 | €20,692 | +€16,108 | +351.4% |
| Trade receivables | 40 | €1,096 | €13,954 | +€12,858 | +1172.9% |
| Other amounts receivable | 41 | €3,488 | €6,738 | +€3,250 | +93.2% |
| Cash at bank and in hand | 54/58 | €44,975 | €12,576 | -€32,398 | -72.0% |
| Total equity and liabilities | 10/49 | €141,995 | €152,876 | +€10,880 | +7.7% |
| Equity | 10/15 | €5,790 | -€21,001 | -€26,791 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,290 | -€24,501 | -€26,791 | |
| Amounts payable | 17/49 | €136,205 | €173,877 | +€37,672 | +27.7% |
| Amounts payable within one year | 42/48 | €136,205 | €173,877 | +€37,672 | +27.7% |
| Trade debts | 44 | €6,024 | - | -€6,024 | |
| Suppliers | 440/4 | €6,024 | - | -€6,024 | |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €6,800 | €1,705 | -€5,095 | -74.9% |
| Taxes | 450/3 | €6,800 | €1,705 | -€5,095 | -74.9% |
| Other amounts payable | 47/48 | €123,381 | €162,171 | +€38,791 | +31.4% |
| Remuneration, social security and pensions | 62 | €1,631 | - | -€1,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,029 | €7,493 | -€1,537 | -17.0% |
| Other operating charges | 640/8 | €423 | €117 | -€306 | -72.3% |
| Gross operating margin | 9900 | -€3,398 | -€18,617 | -€15,220 | -448.0% |
| Operating profit (loss) | 9901 | -€14,482 | -€26,227 | -€11,746 | -81.1% |
| Financial income | 75/76B | €2 | €1 | -€1 | -54.9% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -54.9% |
| Financial charges | 65/66B | €133 | €565 | +€432 | +325.2% |
| Recurring financial charges | 65 | €133 | €565 | +€432 | +325.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,612 | -€26,791 | -€12,179 | -83.4% |
| Income taxes | 67/77 | €557 | - | -€557 | |
| Profit (loss) for the period | 9904 | -€15,168 | -€26,791 | -€11,623 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,168 | -€26,791 | -€11,623 | -76.6% |
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 9 October 2026 via checked.be.