CT-FIN: 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-FIN
Largest movements
- Financial fixed assets -€91,800
down €91,800 (-16.7%), from €551,213 to €459,413
- Cash +€44,721
up €44,721 (+593.3%), from €7,537 to €52,258
mainly Investment in fixed assets (net) (+€91,800) and Net result for the year (+€50,768)
- Other debts -€58,852
down €58,852 (-17.3%), from €340,446 to €281,594
- Profit (loss) carried forward +€50,768
up €50,768, from -€36,696 to €14,072
- Debts after one year -€39,577
down €39,577 (-18.8%), from €210,796 to €171,219
- Financial income +€76,547
up €76,547 (+6309.8%), from €1,213 to €77,760
of which Non-recurring financial income: +€44,560
- Financial charges +€4,724
up €4,724 (+25.2%), from €18,747 to €23,471
- Gross operating margin -€450
down €450 (-18.4%), from -€2,450 to -€2,901
- Other operating charges -€303
down €303 (-32.8%), from €924 to €621
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 | €558,750 | €511,671 | -€47,079 | -8.4% |
| Fixed assets | 21/28 | €551,213 | €459,413 | -€91,800 | -16.7% |
| Financial fixed assets | 28 | €551,213 | €459,413 | -€91,800 | -16.7% |
| Current assets | 29/58 | €7,537 | €52,258 | +€44,721 | +593.3% |
| Cash at bank and in hand | 54/58 | €7,537 | €52,258 | +€44,721 | +593.3% |
| Total equity and liabilities | 10/49 | €558,750 | €511,671 | -€47,079 | -8.4% |
| Equity | 10/15 | -€31,696 | €19,072 | +€50,768 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,696 | €14,072 | +€50,768 | |
| Amounts payable | 17/49 | €590,446 | €492,599 | -€97,847 | -16.6% |
| Amounts payable after more than one year | 17 | €210,796 | €171,219 | -€39,577 | -18.8% |
| Financial debts | 170/4 | €210,796 | €171,219 | -€39,577 | -18.8% |
| Amounts payable within one year | 42/48 | €379,650 | €321,380 | -€58,270 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €39,204 | €39,577 | +€373 | +1.0% |
| Trade debts | 44 | - | €208 | +€208 | |
| Suppliers | 440/4 | - | €208 | +€208 | |
| Other amounts payable | 47/48 | €340,446 | €281,594 | -€58,852 | -17.3% |
| Other operating charges | 640/8 | €924 | €621 | -€303 | -32.8% |
| Gross operating margin | 9900 | -€2,450 | -€2,901 | -€450 | -18.4% |
| Operating profit (loss) | 9901 | -€3,374 | -€3,522 | -€147 | -4.4% |
| Financial income | 75/76B | €1,213 | €77,760 | +€76,547 | +6309.8% |
| Recurring financial income | 75 | €1,213 | €33,200 | +€31,987 | +2636.7% |
| Non-recurring financial income | 76B | - | €44,560 | +€44,560 | |
| Financial charges | 65/66B | €18,747 | €23,471 | +€4,724 | +25.2% |
| Recurring financial charges | 65 | €18,747 | €23,471 | +€4,724 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,908 | €50,768 | +€71,676 | |
| Profit (loss) for the period | 9904 | -€20,908 | €50,768 | +€71,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,908 | €50,768 | +€71,676 |
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 7 October 2026 via checked.be.