CT-ICT: 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-ICT
Largest movements
- Cash +€27,063
up €27,063 (+109.8%), from €24,638 to €51,701
mainly Net result for the year (+€33,604) and Receivables within one year (+€15,170)
- Receivables within one year -€15,170
down €15,170 (-51.0%), from €29,736 to €14,566
of which Trade receivables: -€17,854
- Tangible fixed assets +€1,565
up €1,565 (+18.6%), from €8,415 to €9,979
- Deferred charges and accrued income +€979
up €979 (+94.8%), from €1,033 to €2,012
- Other debts +€14,128
up €14,128 (+66.7%), from €21,166 to €35,294
- Tax, wage and social debts +€3,924
up €3,924 (+43.8%), from €8,966 to €12,890
- Profit (loss) carried forward -€1,690
down €1,690 (-6.1%), from €27,621 to €25,931
- Current portion of long-term debt -€1,663
no longer reported in 2025 (was €1,663)
- Gross operating margin -€3,201
down €3,201 (-6.1%), from €52,361 to €49,160
- Depreciation +€844
up €844 (+40.1%), from €2,104 to €2,947
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 | €63,821 | €78,258 | +€14,437 | +22.6% |
| Fixed assets | 21/28 | €8,415 | €9,979 | +€1,565 | +18.6% |
| Tangible fixed assets | 22/27 | €8,415 | €9,979 | +€1,565 | +18.6% |
| Furniture and vehicles | 24 | €8,415 | €9,979 | +€1,565 | +18.6% |
| Current assets | 29/58 | €55,407 | €68,279 | +€12,872 | +23.2% |
| Amounts receivable within one year | 40/41 | €29,736 | €14,566 | -€15,170 | -51.0% |
| Trade receivables | 40 | €29,736 | €11,882 | -€17,854 | -60.0% |
| Other amounts receivable | 41 | - | €2,684 | +€2,684 | |
| Cash at bank and in hand | 54/58 | €24,638 | €51,701 | +€27,063 | +109.8% |
| Deferred charges and accrued income | 490/1 | €1,033 | €2,012 | +€979 | +94.8% |
| Total equity and liabilities | 10/49 | €63,821 | €78,258 | +€14,437 | +22.6% |
| Equity | 10/15 | €28,621 | €26,931 | -€1,690 | -5.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,621 | €25,931 | -€1,690 | -6.1% |
| Amounts payable | 17/49 | €35,201 | €51,327 | +€16,126 | +45.8% |
| Amounts payable within one year | 42/48 | €34,053 | €49,980 | +€15,927 | +46.8% |
| Current portion of amounts payable after more than one year | 42 | €1,663 | - | -€1,663 | |
| Trade debts | 44 | €2,259 | €1,796 | -€462 | -20.5% |
| Suppliers | 440/4 | €2,259 | €1,796 | -€462 | -20.5% |
| Taxes, remuneration and social security | 45 | €8,966 | €12,890 | +€3,924 | +43.8% |
| Taxes | 450/3 | €8,966 | €12,890 | +€3,924 | +43.8% |
| Other amounts payable | 47/48 | €21,166 | €35,294 | +€14,128 | +66.7% |
| Accrued charges and deferred income | 492/3 | €1,147 | €1,347 | +€200 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,104 | €2,947 | +€844 | +40.1% |
| Other operating charges | 640/8 | €1,508 | €1,842 | +€335 | +22.2% |
| Gross operating margin | 9900 | €52,361 | €49,160 | -€3,201 | -6.1% |
| Operating profit (loss) | 9901 | €48,750 | €44,371 | -€4,379 | -9.0% |
| Financial income | 75/76B | €27 | €105 | +€78 | +284.1% |
| Recurring financial income | 75 | €27 | €105 | +€78 | +284.1% |
| Financial charges | 65/66B | €283 | €339 | +€56 | +19.7% |
| Recurring financial charges | 65 | €283 | €339 | +€56 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €48,494 | €44,136 | -€4,357 | -9.0% |
| Income taxes | 67/77 | €10,184 | €10,532 | +€348 | +3.4% |
| Profit (loss) for the period | 9904 | €38,310 | €33,604 | -€4,706 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,310 | €33,604 | -€4,706 | -12.3% |
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 11 October 2026 via checked.be.