CTJG Invest: what changed
CTJG Invest
Largest movements
- Tangible fixed assets +€27,772
up €27,772 (+2,350%), from €1,182 to €28,954
of which Furniture and vehicles: +€28,008
- Receivables within one year +€14,123
up €14,123 (+281%), from €5,023 to €19,146
of which Trade receivables: +€17,457
- Receivables after one year -€11,000
no longer reported in 2025 (was €11,000)
- Cash -€3,949
down €3,949 (-83.7%), from €4,716 to €767
mainly Investment in fixed assets (net) (-€33,618) and Receivables within one year (-€14,123)
- Deferred charges and accrued income +€1,975
new in 2025: €1,975
- Debts after one year +€21,002
new in 2025: €21,002
- Tax, wage and social debts -€7,672
down €7,672 (-61.3%), from €12,525 to €4,854
of which Taxes: -€8,122
- Trade debts +€5,813
up €5,813 (+143%), from €4,069 to €9,882
- Current portion of long-term debt +€5,651
up €5,651 (+555%), from €1,019 to €6,670
- Reserves +€3,100
up €3,100 (+344%), from €900 to €4,000
- Gross operating margin +€10,684
up €10,684 (+216%), from €4,935 to €15,619
- Depreciation +€5,846
up €5,846 (+2,165,019%), from €0 to €5,846
- Financial charges +€1,800
up €1,800 (+291%), from €619 to €2,418
- Taxes +€199
up €199 (+9.7%), from €2,052 to €2,250
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,921 | €50,841 | +€28,920 | +132% |
| Fixed assets | 21/28 | €1,182 | €28,954 | +€27,772 | +2,350% |
| Tangible fixed assets | 22/27 | €1,182 | €28,954 | +€27,772 | +2,350% |
| Plant, machinery and equipment | 23 | €1,182 | €945 | -€236 | -20.0% |
| Furniture and vehicles | 24 | - | €28,008 | +€28,008 | |
| Current assets | 29/58 | €20,740 | €21,888 | +€1,148 | +5.5% |
| Amounts receivable after more than one year | 29 | €11,000 | - | -€11,000 | |
| Other amounts receivable | 291 | €11,000 | - | -€11,000 | |
| Amounts receivable within one year | 40/41 | €5,023 | €19,146 | +€14,123 | +281% |
| Trade receivables | 40 | - | €17,457 | +€17,457 | |
| Other amounts receivable | 41 | €5,023 | €1,690 | -€3,334 | -66.4% |
| Cash at bank and in hand | 54/58 | €4,716 | €767 | -€3,949 | -83.7% |
| Deferred charges and accrued income | 490/1 | - | €1,975 | +€1,975 | |
| Total equity and liabilities | 10/49 | €21,921 | €50,841 | +€28,920 | +132% |
| Equity | 10/15 | €3,403 | €6,697 | +€3,294 | +96.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €900 | €4,000 | +€3,100 | +344% |
| Distributable reserves | 133 | €900 | €4,000 | +€3,100 | +344% |
| Profit (loss) carried forward | 14 | €3 | €197 | +€194 | +5,652% |
| Amounts payable | 17/49 | €18,518 | €44,144 | +€25,626 | +138% |
| Amounts payable after more than one year | 17 | - | €21,002 | +€21,002 | |
| Financial debts | 170/4 | - | €21,002 | +€21,002 | |
| Amounts payable within one year | 42/48 | €18,518 | €23,142 | +€4,624 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €1,019 | €6,670 | +€5,651 | +555% |
| Trade debts | 44 | €4,069 | €9,882 | +€5,813 | +143% |
| Suppliers | 440/4 | €4,069 | €9,882 | +€5,813 | +143% |
| Taxes, remuneration and social security | 45 | €12,525 | €4,854 | -€7,672 | -61.3% |
| Taxes | 450/3 | €11,175 | €3,054 | -€8,122 | -72.7% |
| Remuneration and social security | 454/9 | €1,350 | €1,800 | +€450 | +33.3% |
| Other amounts payable | 47/48 | €905 | €1,737 | +€832 | +91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €5,846 | +€5,846 | +2,165,019% |
| Other operating charges | 640/8 | €1,821 | €1,811 | -€10 | -0.5% |
| Gross operating margin | 9900 | €4,935 | €15,619 | +€10,684 | +216% |
| Operating profit (loss) | 9901 | €3,114 | €7,962 | +€4,848 | +156% |
| Financial income | 75/76B | €0 | €1 | +€1 | +900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +900% |
| Financial charges | 65/66B | €619 | €2,418 | +€1,800 | +291% |
| Recurring financial charges | 65 | €619 | €2,418 | +€1,800 | +291% |
| Profit (loss) for the period before taxes | 9903 | €2,495 | €5,544 | +€3,049 | +122% |
| Income taxes | 67/77 | €2,052 | €2,250 | +€199 | +9.7% |
| Profit (loss) for the period | 9904 | €443 | €3,294 | +€2,850 | +643% |
| Profit (loss) for the period to be appropriated | 9905 | €443 | €3,294 | +€2,850 | +643% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.