CT Menuiserie: 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 Menuiserie
Largest movements
- Cash -€23,729
down €23,729 (-61.5%), from €38,602 to €14,872
mainly Accrued charges and deferred income (-€30,000) and Trade debts (-€11,614)
- Receivables within one year -€16,005
down €16,005 (-38.2%), from €41,851 to €25,845
of which Trade receivables: -€34,541
- Intangible fixed assets -€1,445
down €1,445 (-31.8%), from €4,547 to €3,102
- Deferred charges and accrued income -€1,151
no longer reported in 2025 (was €1,151)
- Accrued charges and deferred income -€30,000
no longer reported in 2025 (was €30,000)
- Trade debts -€11,614
down €11,614 (-54.9%), from €21,156 to €9,542
- Other debts -€7,153
no longer reported in 2025 (was €7,153)
- Profit (loss) carried forward +€6,597
up €6,597 (+141%), from €4,675 to €11,272
- Staff costs -€18,037
down €18,037 (-100.0%), from €18,043 to €6
- Gross operating margin -€10,216
down €10,216 (-35.2%), from €29,033 to €18,817
- Taxes +€2,015
up €2,015 (+228%), from €884 to €2,900
- Other operating charges -€1,162
down €1,162 (-45.8%), from €2,538 to €1,376
- Financial charges -€952
down €952 (-75.6%), from €1,259 to €307
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.
Derived cash bridge
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 | €90,752 | €49,170 | -€41,582 | -45.8% |
| Fixed assets | 21/28 | €6,299 | €5,602 | -€696 | -11.1% |
| Intangible fixed assets | 21 | €4,547 | €3,102 | -€1,445 | -31.8% |
| Tangible fixed assets | 22/27 | €1,751 | €2,500 | +€749 | +42.8% |
| Furniture and vehicles | 24 | €1,751 | €2,500 | +€749 | +42.8% |
| Current assets | 29/58 | €84,454 | €43,568 | -€40,886 | -48.4% |
| Stocks and contracts in progress | 3 | €2,850 | €2,850 | = | 0.0% |
| Stocks | 30/36 | €2,850 | €2,850 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,851 | €25,845 | -€16,005 | -38.2% |
| Trade receivables | 40 | €41,540 | €6,999 | -€34,541 | -83.2% |
| Other amounts receivable | 41 | €311 | €18,846 | +€18,535 | +5,966% |
| Cash at bank and in hand | 54/58 | €38,602 | €14,872 | -€23,729 | -61.5% |
| Deferred charges and accrued income | 490/1 | €1,151 | - | -€1,151 | |
| Total equity and liabilities | 10/49 | €90,752 | €49,170 | -€41,582 | -45.8% |
| Equity | 10/15 | €23,562 | €30,159 | +€6,597 | +28.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €287 | €287 | = | 0.0% |
| Non-distributable reserves | 130/1 | €287 | €287 | = | 0.0% |
| Legal reserve | 130 | €287 | - | -€287 | |
| Reserves not available under the articles | 1311 | - | €287 | +€287 | |
| Profit (loss) carried forward | 14 | €4,675 | €11,272 | +€6,597 | +141% |
| Amounts payable | 17/49 | €67,190 | €19,011 | -€48,179 | -71.7% |
| Amounts payable within one year | 42/48 | €37,190 | €19,011 | -€18,179 | -48.9% |
| Financial debts | 43 | €11 | €11 | = | 0.0% |
| Credit institutions | 430/8 | €11 | €11 | = | 0.0% |
| Trade debts | 44 | €21,156 | €9,542 | -€11,614 | -54.9% |
| Suppliers | 440/4 | €21,156 | €9,542 | -€11,614 | -54.9% |
| Advances received on contracts in progress | 46 | €1,320 | €1,320 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,550 | €8,138 | +€588 | +7.8% |
| Taxes | 450/3 | €6,118 | €8,138 | +€2,020 | +33.0% |
| Remuneration and social security | 454/9 | €1,432 | - | -€1,432 | |
| Other amounts payable | 47/48 | €7,153 | - | -€7,153 | |
| Accrued charges and deferred income | 492/3 | €30,000 | - | -€30,000 | |
| Remuneration, social security and pensions | 62 | €18,043 | €6 | -€18,037 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,703 | €3,196 | -€507 | -13.7% |
| Other operating charges | 640/8 | €2,538 | €1,376 | -€1,162 | -45.8% |
| Non-recurring operating charges | 66A | €2,818 | €4,543 | +€1,724 | +61.2% |
| Gross operating margin | 9900 | €29,033 | €18,817 | -€10,216 | -35.2% |
| Operating profit (loss) | 9901 | €1,931 | €9,696 | +€7,765 | +402% |
| Financial income | 75/76B | €56 | €108 | +€52 | +92.6% |
| Recurring financial income | 75 | €56 | €108 | +€52 | +92.6% |
| Financial charges | 65/66B | €1,259 | €307 | -€952 | -75.6% |
| Recurring financial charges | 65 | €1,259 | €307 | -€952 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €728 | €9,497 | +€8,769 | +1,205% |
| Income taxes | 67/77 | €884 | €2,900 | +€2,015 | +228% |
| Profit (loss) for the period | 9904 | -€156 | €6,597 | +€6,753 | |
| Profit (loss) for the period to be appropriated | 9905 | -€156 | €6,597 | +€6,753 |
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 14 October 2026 via checked.be.