CTG ITS: 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.
CTG ITS
Largest movements
- Cash -€2.7m
no longer reported in 2025 (was €2.7m)
mainly Receivables within one year (-€2.6m) and Trade debts (-€706,997)
- Receivables within one year +€2.6m
up €2.6m (+635%), from €411,967 to €3.0m
of which Trade receivables: +€1.6m
- Deferred charges and accrued income -€425,101
down €425,101 (-90.9%), from €467,694 to €42,592
- Trade debts -€706,997
down €706,997 (-58.0%), from €1.2m to €512,398
- Other debts -€506,133
no longer reported in 2025 (was €506,133)
- Profit (loss) carried forward +€457,060
up €457,060 (+34.1%), from €1.3m to €1.8m
- Tax, wage and social debts +€254,024
up €254,024 (+57.7%), from €440,251 to €694,274
of which Remuneration and social security: +€232,217
- Gross operating margin -€219,328
down €219,328 (-4.1%), from €5.3m to €5.1m
- Staff costs -€70,355
down €70,355 (-1.6%), from €4.5m to €4.4m
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 | €3,573,949 | €3,071,902 | -€502,047 | -14.0% |
| Current assets | 29/58 | €3,573,949 | €3,071,902 | -€502,047 | -14.0% |
| Amounts receivable within one year | 40/41 | €411,967 | €3,029,310 | +€2.6m | +635% |
| Trade receivables | 40 | €28,456 | €1,631,931 | +€1.6m | +5,635% |
| Other amounts receivable | 41 | €383,511 | €1,397,379 | +€1.0m | +264% |
| Cash at bank and in hand | 54/58 | €2,694,288 | - | -€2.7m | |
| Deferred charges and accrued income | 490/1 | €467,694 | €42,592 | -€425,101 | -90.9% |
| Total equity and liabilities | 10/49 | €3,573,949 | €3,071,902 | -€502,047 | -14.0% |
| Equity | 10/15 | €1,408,170 | €1,865,230 | +€457,060 | +32.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,340,520 | €1,797,580 | +€457,060 | +34.1% |
| Amounts payable | 17/49 | €2,165,779 | €1,206,673 | -€959,107 | -44.3% |
| Amounts payable within one year | 42/48 | €2,165,779 | €1,206,673 | -€959,107 | -44.3% |
| Trade debts | 44 | €1,219,396 | €512,398 | -€706,997 | -58.0% |
| Suppliers | 440/4 | €1,219,396 | €512,398 | -€706,997 | -58.0% |
| Taxes, remuneration and social security | 45 | €440,251 | €694,274 | +€254,024 | +57.7% |
| Taxes | 450/3 | €138,705 | €160,512 | +€21,807 | +15.7% |
| Remuneration and social security | 454/9 | €301,546 | €533,763 | +€232,217 | +77.0% |
| Other amounts payable | 47/48 | €506,133 | - | -€506,133 | |
| Remuneration, social security and pensions | 62 | €4,517,511 | €4,447,156 | -€70,355 | -1.6% |
| Gross operating margin | 9900 | €5,348,840 | €5,129,512 | -€219,328 | -4.1% |
| Operating profit (loss) | 9901 | €831,329 | €682,356 | -€148,973 | -17.9% |
| Financial income | 75/76B | €268 | €4,938 | +€4,670 | +1,742% |
| Recurring financial income | 75 | €268 | €4,938 | +€4,670 | +1,742% |
| Financial charges | 65/66B | €3,622 | €3,062 | -€561 | -15.5% |
| Recurring financial charges | 65 | €3,622 | €3,062 | -€561 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €827,975 | €684,233 | -€143,742 | -17.4% |
| Income taxes | 67/77 | €235,312 | €227,173 | -€8,140 | -3.5% |
| Profit (loss) for the period | 9904 | €592,663 | €457,060 | -€135,603 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €592,663 | €457,060 | -€135,603 | -22.9% |
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 23 October 2026 via checked.be.