CTI: 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.
CTI
Largest movements
- Tangible fixed assets +€144,357
up €144,357 (+866%), from €16,662 to €161,019
of which Furniture and vehicles: +€138,546
- Cash -€95,160
down €95,160 (-55.4%), from €171,788 to €76,627
mainly Investment in fixed assets (net) (-€174,891) and Contributions, distributions and other (-€30,709)
- Receivables within one year +€3,087
up €3,087 (+10.2%), from €30,299 to €33,386
of which Other amounts receivable: +€4,320
- Reserves +€47,988
up €47,988 (+27.1%), from €177,142 to €225,130
of which Distributable reserves: +€47,988
- Trade debts +€3,946
up €3,946 (+71.0%), from €5,562 to €9,508
- Gross operating margin +€67,604
up €67,604 (+40.4%), from €167,209 to €234,813
- Taxes +€12,559
up €12,559 (+52.8%), from €23,797 to €36,356
- Depreciation +€10,256
up €10,256 (+50.6%), from €20,278 to €30,534
- Staff costs +€6,394
up €6,394 (+8.1%), from €79,011 to €85,405
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 | €222,247 | €273,478 | +€51,230 | +23.1% |
| Fixed assets | 21/28 | €16,662 | €161,019 | +€144,357 | +866% |
| Tangible fixed assets | 22/27 | €16,662 | €161,019 | +€144,357 | +866% |
| Plant, machinery and equipment | 23 | €1,283 | €1,942 | +€659 | +51.3% |
| Furniture and vehicles | 24 | €12,794 | €151,340 | +€138,546 | +1,083% |
| Other tangible fixed assets | 26 | €2,585 | €7,737 | +€5,152 | +199% |
| Current assets | 29/58 | €205,585 | €112,459 | -€93,126 | -45.3% |
| Amounts receivable within one year | 40/41 | €30,299 | €33,386 | +€3,087 | +10.2% |
| Trade receivables | 40 | €30,234 | €29,000 | -€1,233 | -4.1% |
| Other amounts receivable | 41 | €66 | €4,386 | +€4,320 | +6,585% |
| Cash at bank and in hand | 54/58 | €171,788 | €76,627 | -€95,160 | -55.4% |
| Deferred charges and accrued income | 490/1 | €3,498 | €2,446 | -€1,053 | -30.1% |
| Total equity and liabilities | 10/49 | €222,247 | €273,478 | +€51,230 | +23.1% |
| Equity | 10/15 | €195,742 | €243,730 | +€47,988 | +24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €177,142 | €225,130 | +€47,988 | +27.1% |
| Tax-exempt reserves | 132 | €414 | €414 | = | 0.0% |
| Distributable reserves | 133 | €176,727 | €224,715 | +€47,988 | +27.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,506 | €29,748 | +€3,242 | +12.2% |
| Amounts payable within one year | 42/48 | €25,846 | €29,748 | +€3,902 | +15.1% |
| Trade debts | 44 | €5,562 | €9,508 | +€3,946 | +71.0% |
| Suppliers | 440/4 | €5,562 | €9,508 | +€3,946 | +71.0% |
| Taxes, remuneration and social security | 45 | €19,404 | €20,240 | +€837 | +4.3% |
| Taxes | 450/3 | €19,404 | €14,869 | -€4,535 | -23.4% |
| Remuneration and social security | 454/9 | €0 | €5,372 | +€5,372 | |
| Other amounts payable | 47/48 | €880 | €0 | -€880 | -100.0% |
| Accrued charges and deferred income | 492/3 | €660 | €0 | -€660 | -100% |
| Non-recurring operating income | 76A | - | €34,372 | +€34,372 | |
| Remuneration, social security and pensions | 62 | €79,011 | €85,405 | +€6,394 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,278 | €30,534 | +€10,256 | +50.6% |
| Other operating charges | 640/8 | €2,338 | €3,559 | +€1,221 | +52.2% |
| Gross operating margin | 9900 | €167,209 | €234,813 | +€67,604 | +40.4% |
| Operating profit (loss) | 9901 | €65,582 | €115,315 | +€49,733 | +75.8% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €310 | €263 | -€48 | -15.3% |
| Recurring financial charges | 65 | €310 | €263 | -€48 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €65,280 | €115,052 | +€49,772 | +76.2% |
| Income taxes | 67/77 | €23,797 | €36,356 | +€12,559 | +52.8% |
| Profit (loss) for the period | 9904 | €41,483 | €78,697 | +€37,214 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,483 | €78,697 | +€37,214 | +89.7% |
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 13 October 2026 via checked.be.