CT IMPACT: 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 IMPACT
Largest movements
- Cash +€154,521
up €154,521 (+2566.1%), from €6,022 to €160,543
mainly Other debts (+€226,246) and Net result for the year (+€130,026)
- Receivables within one year +€33,550
up €33,550 (+193.1%), from €17,375 to €50,925
- Current investments -€25,000
down €25,000 (-20.0%), from €125,000 to €100,000
- Other debts +€226,246
up €226,246 (+6448.4%), from €3,509 to €229,755
- Profit (loss) carried forward -€140,740
no longer reported in 2025 (was €140,740)
- Tax, wage and social debts +€74,635
up €74,635 (+948.8%), from €7,866 to €82,501
- Gross operating margin +€165,654
up €165,654 (+1532.3%), from €10,811 to €176,465
- Taxes +€40,613
up €40,613 (+1206.2%), from €3,367 to €43,980
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 | €157,987 | €317,884 | +€159,897 | +101.2% |
| Fixed assets | 21/28 | €9,017 | €6,417 | -€2,600 | -28.8% |
| Tangible fixed assets | 22/27 | €9,017 | €6,417 | -€2,600 | -28.8% |
| Plant, machinery and equipment | 23 | €945 | €567 | -€379 | -40.0% |
| Furniture and vehicles | 24 | €1,538 | €888 | -€650 | -42.3% |
| Other tangible fixed assets | 26 | €6,534 | €4,962 | -€1,572 | -24.1% |
| Current assets | 29/58 | €148,970 | €311,467 | +€162,497 | +109.1% |
| Amounts receivable within one year | 40/41 | €17,375 | €50,925 | +€33,550 | +193.1% |
| Trade receivables | 40 | €17,375 | €50,925 | +€33,550 | +193.1% |
| Current investments | 50/53 | €125,000 | €100,000 | -€25,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €6,022 | €160,543 | +€154,521 | +2566.1% |
| Deferred charges and accrued income | 490/1 | €573 | - | -€573 | |
| Total equity and liabilities | 10/49 | €157,987 | €317,884 | +€159,897 | +101.2% |
| Equity | 10/15 | €142,240 | €1,500 | -€140,740 | -98.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,740 | - | -€140,740 | |
| Amounts payable | 17/49 | €15,747 | €316,384 | +€300,637 | +1909.2% |
| Amounts payable within one year | 42/48 | €15,747 | €316,384 | +€300,637 | +1909.2% |
| Trade debts | 44 | €4,372 | €4,128 | -€244 | -5.6% |
| Suppliers | 440/4 | €4,372 | €4,128 | -€244 | -5.6% |
| Taxes, remuneration and social security | 45 | €7,866 | €82,501 | +€74,635 | +948.8% |
| Taxes | 450/3 | €7,866 | €82,501 | +€74,635 | +948.8% |
| Other amounts payable | 47/48 | €3,509 | €229,755 | +€226,246 | +6448.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,349 | €2,600 | -€749 | -22.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €10,811 | €176,465 | +€165,654 | +1532.3% |
| Operating profit (loss) | 9901 | €7,078 | €173,478 | +€166,400 | +2351.0% |
| Financial income | 75/76B | €577 | €1,704 | +€1,127 | +195.4% |
| Recurring financial income | 75 | €577 | €1,704 | +€1,127 | +195.4% |
| Financial charges | 65/66B | €1,020 | €1,176 | +€156 | +15.3% |
| Recurring financial charges | 65 | €1,020 | €1,176 | +€156 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €6,635 | €174,006 | +€167,371 | +2522.6% |
| Income taxes | 67/77 | €3,367 | €43,980 | +€40,613 | +1206.2% |
| Profit (loss) for the period | 9904 | €3,268 | €130,026 | +€126,758 | +3878.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,268 | €130,026 | +€126,758 | +3878.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.