CTJ CONSULTING: 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.
CTJ CONSULTING
Largest movements
- Financial fixed assets -€75,260
down €75,260 (-87.5%), from €86,034 to €10,774
- Cash +€27,185
up €27,185 (+146%), from €18,610 to €45,795
mainly Investment in fixed assets (net) (+€75,260) and Other debts (+€30,017)
- Tangible fixed assets -€19,964
down €19,964 (-26.0%), from €76,879 to €56,915
of which Furniture and vehicles: -€16,515
- Receivables within one year +€10,012
up €10,012 (+84.1%), from €11,904 to €21,916
of which Trade receivables: +€5,203
- Profit (loss) carried forward -€92,720
down €92,720 (-72.0%), from €128,760 to €36,040
- Other debts +€30,017
new in 2025: €30,017
- Trade debts +€18,443
up €18,443 (+1,100%), from €1,677 to €20,120
- Debts after one year -€14,064
down €14,064 (-56.6%), from €24,847 to €10,783
- Tax, wage and social debts +€6,307
up €6,307 (+505%), from €1,250 to €7,557
- Gross operating margin -€104,234
down €104,234 (-95.5%), from €109,149 to €4,915
- Taxes -€34,364
down €34,364 (-99.0%), from €34,708 to €344
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 | €197,506 | €139,730 | -€57,776 | -29.3% |
| Fixed assets | 21/28 | €162,913 | €67,689 | -€95,224 | -58.5% |
| Tangible fixed assets | 22/27 | €76,879 | €56,915 | -€19,964 | -26.0% |
| Furniture and vehicles | 24 | €44,641 | €28,126 | -€16,515 | -37.0% |
| Other tangible fixed assets | 26 | €32,238 | €28,789 | -€3,449 | -10.7% |
| Financial fixed assets | 28 | €86,034 | €10,774 | -€75,260 | -87.5% |
| Current assets | 29/58 | €34,593 | €72,041 | +€37,448 | +108% |
| Amounts receivable within one year | 40/41 | €11,904 | €21,916 | +€10,012 | +84.1% |
| Trade receivables | 40 | €2,057 | €7,260 | +€5,203 | +253% |
| Other amounts receivable | 41 | €9,847 | €14,656 | +€4,809 | +48.8% |
| Cash at bank and in hand | 54/58 | €18,610 | €45,795 | +€27,185 | +146% |
| Deferred charges and accrued income | 490/1 | €4,079 | €4,330 | +€251 | +6.2% |
| Total equity and liabilities | 10/49 | €197,506 | €139,730 | -€57,776 | -29.3% |
| Equity | 10/15 | €144,855 | €52,135 | -€92,720 | -64.0% |
| Reserves | 13 | €16,095 | €16,095 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,095 | €16,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,760 | €36,040 | -€92,720 | -72.0% |
| Amounts payable | 17/49 | €52,651 | €87,595 | +€34,944 | +66.4% |
| Amounts payable after more than one year | 17 | €24,847 | €10,783 | -€14,064 | -56.6% |
| Financial debts | 170/4 | €24,847 | €10,783 | -€14,064 | -56.6% |
| Amounts payable within one year | 42/48 | €27,804 | €76,812 | +€49,008 | +176% |
| Current portion of amounts payable after more than one year | 42 | €24,877 | €19,118 | -€5,759 | -23.1% |
| Trade debts | 44 | €1,677 | €20,120 | +€18,443 | +1,100% |
| Suppliers | 440/4 | €1,677 | €20,120 | +€18,443 | +1,100% |
| Taxes, remuneration and social security | 45 | €1,250 | €7,557 | +€6,307 | +505% |
| Taxes | 450/3 | €1,250 | €7,557 | +€6,307 | +505% |
| Other amounts payable | 47/48 | - | €30,017 | +€30,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,236 | €19,964 | +€728 | +3.8% |
| Other operating charges | 640/8 | €1,017 | €997 | -€20 | -2.0% |
| Non-recurring operating charges | 66A | - | €75,010 | +€75,010 | |
| Gross operating margin | 9900 | €109,149 | €4,915 | -€104,234 | -95.5% |
| Operating profit (loss) | 9901 | €88,896 | -€91,056 | -€179,952 | |
| Financial charges | 65/66B | €2,394 | €1,320 | -€1,074 | -44.9% |
| Recurring financial charges | 65 | €2,394 | €1,320 | -€1,074 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €86,502 | -€92,376 | -€178,878 | |
| Income taxes | 67/77 | €34,708 | €344 | -€34,364 | -99.0% |
| Profit (loss) for the period | 9904 | €51,794 | -€92,720 | -€144,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,794 | -€92,720 | -€144,514 |
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 15 October 2026 via checked.be.