CTH CORP: 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.
CTH CORP
Largest movements
- Cash +€47,771
up €47,771 (+56.0%), from €85,380 to €133,151
mainly Net result for the year (+€47,314) and Receivables within one year (+€11,576)
- Deferred charges and accrued income +€13,452
up €13,452 (+249.1%), from €5,400 to €18,852
- Receivables within one year -€11,576
down €11,576 (-39.9%), from €29,029 to €17,453
of which Trade receivables: -€12,936
- Tangible fixed assets -€3,486
down €3,486 (-51.6%), from €6,762 to €3,275
- Profit (loss) carried forward +€47,314
up €47,314 (+49.9%), from €94,911 to €142,226
- Tax, wage and social debts -€2,292
down €2,292 (-8.6%), from €26,596 to €24,304
- Gross operating margin +€14,109
up €14,109 (+38.5%), from €36,692 to €50,801
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.
Cash bridge derived
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 | €126,571 | €172,731 | +€46,160 | +36.5% |
| Fixed assets | 21/28 | €6,762 | €3,275 | -€3,486 | -51.6% |
| Tangible fixed assets | 22/27 | €6,762 | €3,275 | -€3,486 | -51.6% |
| Furniture and vehicles | 24 | €6,762 | €3,275 | -€3,486 | -51.6% |
| Current assets | 29/58 | €119,809 | €169,455 | +€49,646 | +41.4% |
| Amounts receivable within one year | 40/41 | €29,029 | €17,453 | -€11,576 | -39.9% |
| Trade receivables | 40 | €29,029 | €16,093 | -€12,936 | -44.6% |
| Other amounts receivable | 41 | - | €1,360 | +€1,360 | |
| Cash at bank and in hand | 54/58 | €85,380 | €133,151 | +€47,771 | +56.0% |
| Deferred charges and accrued income | 490/1 | €5,400 | €18,852 | +€13,452 | +249.1% |
| Total equity and liabilities | 10/49 | €126,571 | €172,731 | +€46,160 | +36.5% |
| Equity | 10/15 | €99,911 | €147,226 | +€47,314 | +47.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,911 | €142,226 | +€47,314 | +49.9% |
| Amounts payable | 17/49 | €26,659 | €25,505 | -€1,154 | -4.3% |
| Amounts payable within one year | 42/48 | €26,659 | €25,505 | -€1,154 | -4.3% |
| Trade debts | 44 | €64 | €1,201 | +€1,137 | +1788.4% |
| Suppliers | 440/4 | €64 | €1,201 | +€1,137 | +1788.4% |
| Taxes, remuneration and social security | 45 | €26,596 | €24,304 | -€2,292 | -8.6% |
| Taxes | 450/3 | €26,596 | €24,304 | -€2,292 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,052 | €3,486 | +€434 | +14.2% |
| Gross operating margin | 9900 | €36,692 | €50,801 | +€14,109 | +38.5% |
| Operating profit (loss) | 9901 | €33,640 | €47,314 | +€13,674 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €33,640 | €47,314 | +€13,674 | +40.6% |
| Profit (loss) for the period | 9904 | €33,640 | €47,314 | +€13,674 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,640 | €47,314 | +€13,674 | +40.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.