CTF GROUPE: 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.
CTF GROUPE
Largest movements
- Receivables within one year +€25,489
up €25,489 (+50.5%), from €50,471 to €75,961
of which Trade receivables: +€13,567
- Tangible fixed assets -€14,247
down €14,247 (-37.7%), from €37,838 to €23,591
- Cash +€5,151
up €5,151 (+55.8%), from €9,237 to €14,388
mainly Trade debts (+€13,936) and Tax, wage and social debts (+€11,621)
- Stocks and contracts -€3,000
no longer reported in 2024 (was €3,000)
- Trade debts +€13,936
up €13,936 (+75.7%), from €18,400 to €32,336
- Tax, wage and social debts +€11,621
up €11,621 (+170%), from €6,850 to €18,471
of which Remuneration and social security: +€6,850
- Other debts -€7,636
down €7,636 (-23.0%), from €33,252 to €25,616
- Current portion of long-term debt -€4,510
no longer reported in 2024 (was €4,510)
- Profit (loss) carried forward +€2,254
up €2,254 (+10.9%), from €20,634 to €22,889
- Turnover -€9,375
down €9,375 (-2.9%), from €321,030 to €311,654
- Depreciation -€5,998
down €5,998 (-43.9%), from €13,653 to €7,655
- Gross operating margin -€5,878
down €5,878 (-27.0%), from €21,789 to €15,911
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.
Derived cash bridge
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 | €101,846 | €116,012 | +€14,166 | +13.9% |
| Fixed assets | 21/28 | €39,138 | €24,891 | -€14,247 | -36.4% |
| Tangible fixed assets | 22/27 | €37,838 | €23,591 | -€14,247 | -37.7% |
| Furniture and vehicles | 24 | €37,838 | €23,591 | -€14,247 | -37.7% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €62,708 | €91,121 | +€28,413 | +45.3% |
| Stocks and contracts in progress | 3 | €3,000 | - | -€3,000 | |
| Stocks | 30/36 | €3,000 | - | -€3,000 | |
| Amounts receivable within one year | 40/41 | €50,471 | €75,961 | +€25,489 | +50.5% |
| Trade receivables | 40 | €41,966 | €55,533 | +€13,567 | +32.3% |
| Other amounts receivable | 41 | €8,506 | €20,428 | +€11,922 | +140% |
| Cash at bank and in hand | 54/58 | €9,237 | €14,388 | +€5,151 | +55.8% |
| Deferred charges and accrued income | 490/1 | - | €772 | +€772 | |
| Total equity and liabilities | 10/49 | €101,846 | €116,012 | +€14,166 | +13.9% |
| Equity | 10/15 | €37,334 | €39,589 | +€2,254 | +6.0% |
| Contributions | 10/11 | €16,700 | €16,700 | = | 0.0% |
| Contributions outside capital | 11 | €16,700 | - | -€16,700 | |
| Share premium | 1100/10 | €16,700 | - | -€16,700 | |
| Profit (loss) carried forward | 14 | €20,634 | €22,889 | +€2,254 | +10.9% |
| Amounts payable | 17/49 | €64,512 | €76,424 | +€11,912 | +18.5% |
| Amounts payable within one year | 42/48 | €64,512 | €76,424 | +€11,912 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €4,510 | - | -€4,510 | |
| Trade debts | 44 | €18,400 | €32,336 | +€13,936 | +75.7% |
| Suppliers | 440/4 | €18,400 | €32,336 | +€13,936 | +75.7% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €6,850 | €18,471 | +€11,621 | +170% |
| Taxes | 450/3 | - | €4,771 | +€4,771 | |
| Remuneration and social security | 454/9 | €6,850 | €13,700 | +€6,850 | +100% |
| Other amounts payable | 47/48 | €33,252 | €25,616 | -€7,636 | -23.0% |
| Turnover | 70 | €321,030 | €311,654 | -€9,375 | -2.9% |
| Non-recurring operating income | 76A | - | €2,222 | +€2,222 | |
| Goods, raw materials, services and sundry goods | 60/61 | €299,241 | €297,965 | -€1,276 | -0.4% |
| Remuneration, social security and pensions | 62 | - | €331 | +€331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,653 | €7,655 | -€5,998 | -43.9% |
| Other operating charges | 640/8 | €5,930 | €4,551 | -€1,380 | -23.3% |
| Non-recurring operating charges | 66A | €343 | - | -€343 | |
| Gross operating margin | 9900 | €21,789 | €15,911 | -€5,878 | -27.0% |
| Operating profit (loss) | 9901 | €1,863 | €3,374 | +€1,511 | +81.1% |
| Financial income | 75/76B | €1 | €1,500 | +€1,499 | +106,284% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.6% |
| Non-recurring financial income | 76B | €1 | €1,500 | +€1,499 | +106,283% |
| Financial charges | 65/66B | €555 | €556 | +€1 | +0.3% |
| Recurring financial charges | 65 | €555 | €556 | +€1 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,310 | €4,318 | +€3,008 | +230% |
| Income taxes | 67/77 | - | €2,063 | +€2,063 | |
| Profit (loss) for the period | 9904 | €1,310 | €2,254 | +€945 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,310 | €2,254 | +€945 | +72.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.