CTCP: 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.
CTCP
Largest movements
- Stocks and contracts -€21,741
down €21,741 (-6.9%), from €314,554 to €292,813
- Receivables within one year -€18,523
down €18,523 (-7.4%), from €250,109 to €231,586
of which Trade receivables: -€37,297
- Tangible fixed assets -€10,251
down €10,251 (-65.2%), from €15,720 to €5,469
of which Furniture and vehicles: -€7,240
- Tax, wage and social debts -€27,783
down €27,783 (-46.2%), from €60,116 to €32,333
of which Taxes: -€21,432
- Reserves -€16,812
down €16,812 (-3.9%), from €435,499 to €418,687
of which Distributable reserves: -€16,812
- Depreciation -€9,987
down €9,987 (-41.3%), from €24,195 to €14,208
- Taxes -€8,684
down €8,684 (-45.7%), from €19,009 to €10,325
- Staff costs +€8,010
up €8,010 (+3.5%), from €228,771 to €236,782
- Gross operating margin -€7,336
down €7,336 (-2.4%), from €301,099 to €293,763
- Write-downs +€7,251
up €7,251, from -€7,251 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €719,265 | €671,547 | -€47,718 | -6.6% |
| Fixed assets | 21/28 | €16,084 | €8,521 | -€7,563 | -47.0% |
| Intangible fixed assets | 21 | €0 | €2,688 | +€2,688 | |
| Tangible fixed assets | 22/27 | €15,720 | €5,469 | -€10,251 | -65.2% |
| Plant, machinery and equipment | 23 | €8,480 | €5,469 | -€3,011 | -35.5% |
| Furniture and vehicles | 24 | €7,240 | €0 | -€7,240 | -100% |
| Financial fixed assets | 28 | €364 | €364 | = | 0.0% |
| Current assets | 29/58 | €703,181 | €663,026 | -€40,155 | -5.7% |
| Stocks and contracts in progress | 3 | €314,554 | €292,813 | -€21,741 | -6.9% |
| Stocks | 30/36 | €314,554 | €292,813 | -€21,741 | -6.9% |
| Amounts receivable within one year | 40/41 | €250,109 | €231,586 | -€18,523 | -7.4% |
| Trade receivables | 40 | €250,109 | €212,812 | -€37,297 | -14.9% |
| Other amounts receivable | 41 | €0 | €18,774 | +€18,774 | |
| Cash at bank and in hand | 54/58 | €128,480 | €126,387 | -€2,093 | -1.6% |
| Deferred charges and accrued income | 490/1 | €10,038 | €12,241 | +€2,203 | +21.9% |
| Total equity and liabilities | 10/49 | €719,265 | €671,547 | -€47,718 | -6.6% |
| Equity | 10/15 | €560,152 | €543,340 | -€16,812 | -3.0% |
| Contributions | 10/11 | €124,653 | €124,653 | = | 0.0% |
| Reserves | 13 | €435,499 | €418,687 | -€16,812 | -3.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €435,499 | €418,687 | -€16,812 | -3.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €159,113 | €128,207 | -€30,906 | -19.4% |
| Amounts payable within one year | 42/48 | €156,133 | €124,775 | -€31,358 | -20.1% |
| Trade debts | 44 | €87,773 | €86,799 | -€974 | -1.1% |
| Suppliers | 440/4 | €87,773 | €86,799 | -€974 | -1.1% |
| Taxes, remuneration and social security | 45 | €60,116 | €32,333 | -€27,783 | -46.2% |
| Taxes | 450/3 | €32,059 | €10,627 | -€21,432 | -66.9% |
| Remuneration and social security | 454/9 | €28,057 | €21,705 | -€6,352 | -22.6% |
| Other amounts payable | 47/48 | €8,243 | €5,643 | -€2,600 | -31.5% |
| Accrued charges and deferred income | 492/3 | €2,981 | €3,432 | +€452 | +15.2% |
| Remuneration, social security and pensions | 62 | €228,771 | €236,782 | +€8,010 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,195 | €14,208 | -€9,987 | -41.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,251 | €0 | +€7,251 | |
| Other operating charges | 640/8 | €9,425 | €8,416 | -€1,009 | -10.7% |
| Gross operating margin | 9900 | €301,099 | €293,763 | -€7,336 | -2.4% |
| Operating profit (loss) | 9901 | €45,958 | €34,357 | -€11,601 | -25.2% |
| Financial income | 75/76B | €1,981 | €15 | -€1,966 | -99.2% |
| Recurring financial income | 75 | €1,981 | €15 | -€1,966 | -99.2% |
| Financial charges | 65/66B | €1,046 | €860 | -€186 | -17.8% |
| Recurring financial charges | 65 | €1,046 | €860 | -€186 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €46,894 | €33,513 | -€13,381 | -28.5% |
| Income taxes | 67/77 | €19,009 | €10,325 | -€8,684 | -45.7% |
| Profit (loss) for the period | 9904 | €27,885 | €23,188 | -€4,697 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,885 | €23,188 | -€4,697 | -16.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.