CT-TECH: 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-TECH
Largest movements
- Cash +€24,597
up €24,597 (+36.0%), from €68,379 to €92,976
mainly Depreciation (+€19,417) and Net result for the year (+€15,221)
- Tangible fixed assets -€16,950
down €16,950 (-57.6%), from €29,433 to €12,483
of which Furniture and vehicles: -€18,587
- Receivables within one year -€8,152
down €8,152 (-33.2%), from €24,567 to €16,416
of which Other amounts receivable: -€10,528
- Tax, wage and social debts +€8,776
up €8,776 (+331.9%), from €2,644 to €11,420
- Debts after one year -€7,049
down €7,049 (-79.8%), from €8,831 to €1,781
- Current portion of long-term debt -€2,442
down €2,442 (-25.7%), from €9,491 to €7,049
- Gross operating margin +€15,070
up €15,070 (+58.4%), from €25,794 to €40,864
- Taxes +€4,583
up €4,583 (+381.1%), from €1,202 to €5,785
- Depreciation -€749
down €749 (-3.7%), from €20,166 to €19,417
- Financial income +€529
up €529 (+256.3%), from €206 to €735
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,989 | €127,306 | -€683 | -0.5% |
| Fixed assets | 21/28 | €29,433 | €12,483 | -€16,950 | -57.6% |
| Tangible fixed assets | 22/27 | €29,433 | €12,483 | -€16,950 | -57.6% |
| Plant, machinery and equipment | 23 | €653 | €2,290 | +€1,637 | +250.9% |
| Furniture and vehicles | 24 | €28,780 | €10,193 | -€18,587 | -64.6% |
| Current assets | 29/58 | €98,556 | €114,822 | +€16,266 | +16.5% |
| Stocks and contracts in progress | 3 | €4,027 | €5,026 | +€999 | +24.8% |
| Stocks | 30/36 | €4,027 | €5,026 | +€999 | +24.8% |
| Amounts receivable within one year | 40/41 | €24,567 | €16,416 | -€8,152 | -33.2% |
| Trade receivables | 40 | €10,715 | €13,091 | +€2,376 | +22.2% |
| Other amounts receivable | 41 | €13,853 | €3,325 | -€10,528 | -76.0% |
| Cash at bank and in hand | 54/58 | €68,379 | €92,976 | +€24,597 | +36.0% |
| Deferred charges and accrued income | 490/1 | €1,583 | €404 | -€1,179 | -74.5% |
| Total equity and liabilities | 10/49 | €127,989 | €127,306 | -€683 | -0.5% |
| Equity | 10/15 | €100,286 | €99,793 | -€493 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,394 | €15,394 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,534 | €13,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,692 | €78,199 | -€493 | -0.6% |
| Amounts payable | 17/49 | €27,703 | €27,513 | -€190 | -0.7% |
| Amounts payable after more than one year | 17 | €8,831 | €1,781 | -€7,049 | -79.8% |
| Financial debts | 170/4 | €8,831 | €1,781 | -€7,049 | -79.8% |
| Amounts payable within one year | 42/48 | €18,872 | €25,731 | +€6,859 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €9,491 | €7,049 | -€2,442 | -25.7% |
| Trade debts | 44 | €6,737 | €6,620 | -€117 | -1.7% |
| Suppliers | 440/4 | €6,737 | €6,620 | -€117 | -1.7% |
| Taxes, remuneration and social security | 45 | €2,644 | €11,420 | +€8,776 | +331.9% |
| Taxes | 450/3 | €2,644 | €11,420 | +€8,776 | +331.9% |
| Other amounts payable | 47/48 | - | €642 | +€642 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,166 | €19,417 | -€749 | -3.7% |
| Other operating charges | 640/8 | €712 | €895 | +€183 | +25.8% |
| Gross operating margin | 9900 | €25,794 | €40,864 | +€15,070 | +58.4% |
| Operating profit (loss) | 9901 | €4,916 | €20,551 | +€15,636 | +318.1% |
| Financial income | 75/76B | €206 | €735 | +€529 | +256.3% |
| Recurring financial income | 75 | €206 | €735 | +€529 | +256.3% |
| Financial charges | 65/66B | €403 | €280 | -€124 | -30.6% |
| Recurring financial charges | 65 | €403 | €280 | -€124 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €4,718 | €21,006 | +€16,288 | +345.2% |
| Income taxes | 67/77 | €1,202 | €5,785 | +€4,583 | +381.1% |
| Profit (loss) for the period | 9904 | €3,516 | €15,221 | +€11,705 | +332.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,516 | €15,221 | +€11,705 | +332.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.