CTL DISTRICT: 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.
CTL DISTRICT
Largest movements
- Tangible fixed assets -€9,181
down €9,181 (-20.7%), from €44,432 to €35,251
of which Leasing and similar rights: -€8,206
- Cash +€5,372
up €5,372 (+22.3%), from €24,084 to €29,456
mainly Trade debts (+€20,816) and Depreciation (+€12,081)
- Receivables within one year +€2,728
up €2,728 (+10.5%), from €25,873 to €28,602
of which Other amounts receivable: +€9,574
- Debts after one year -€21,298
down €21,298 (-37.0%), from €57,594 to €36,295
- Trade debts +€20,816
up €20,816 (+74.7%), from €27,855 to €48,671
- Profit (loss) carried forward +€4,921
up €4,921 (+31.2%), from €15,756 to €20,676
- Other debts -€4,514
down €4,514 (-86.4%), from €5,225 to €711
- Gross operating margin +€32,789
up €32,789 (+434%), from €7,560 to €40,349
- Depreciation +€6,725
up €6,725 (+126%), from €5,356 to €12,081
- Staff costs +€6,476
up €6,476 (+85.5%), from €7,577 to €14,053
- Financial charges +€3,470
up €3,470 (+94.5%), from €3,671 to €7,140
- Other operating charges +€486
up €486 (+46.4%), from €1,047 to €1,533
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 | €131,486 | €132,080 | +€594 | +0.5% |
| Fixed assets | 21/28 | €49,947 | €40,766 | -€9,181 | -18.4% |
| Tangible fixed assets | 22/27 | €44,432 | €35,251 | -€9,181 | -20.7% |
| Furniture and vehicles | 24 | €4,478 | €3,663 | -€816 | -18.2% |
| Leasing and similar rights | 25 | €39,279 | €31,074 | -€8,206 | -20.9% |
| Other tangible fixed assets | 26 | €674 | €515 | -€160 | -23.7% |
| Financial fixed assets | 28 | €5,515 | €5,515 | = | 0.0% |
| Current assets | 29/58 | €81,538 | €91,314 | +€9,775 | +12.0% |
| Stocks and contracts in progress | 3 | €31,281 | €31,988 | +€707 | +2.3% |
| Stocks | 30/36 | €31,281 | €31,988 | +€707 | +2.3% |
| Amounts receivable within one year | 40/41 | €25,873 | €28,602 | +€2,728 | +10.5% |
| Trade receivables | 40 | €6,846 | - | -€6,846 | |
| Other amounts receivable | 41 | €19,027 | €28,602 | +€9,574 | +50.3% |
| Cash at bank and in hand | 54/58 | €24,084 | €29,456 | +€5,372 | +22.3% |
| Deferred charges and accrued income | 490/1 | €300 | €1,268 | +€968 | +322% |
| Total equity and liabilities | 10/49 | €131,486 | €132,080 | +€594 | +0.5% |
| Equity | 10/15 | €17,756 | €22,676 | +€4,921 | +27.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,756 | €20,676 | +€4,921 | +31.2% |
| Amounts payable | 17/49 | €113,730 | €109,403 | -€4,326 | -3.8% |
| Amounts payable after more than one year | 17 | €57,594 | €36,295 | -€21,298 | -37.0% |
| Financial debts | 170/4 | €57,594 | €36,295 | -€21,298 | -37.0% |
| Amounts payable within one year | 42/48 | €56,136 | €73,108 | +€16,972 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €21,604 | €22,436 | +€832 | +3.9% |
| Trade debts | 44 | €27,855 | €48,671 | +€20,816 | +74.7% |
| Suppliers | 440/4 | €27,855 | €48,671 | +€20,816 | +74.7% |
| Taxes, remuneration and social security | 45 | €1,452 | €1,290 | -€162 | -11.1% |
| Taxes | 450/3 | €353 | €207 | -€146 | -41.4% |
| Remuneration and social security | 454/9 | €1,099 | €1,083 | -€16 | -1.4% |
| Other amounts payable | 47/48 | €5,225 | €711 | -€4,514 | -86.4% |
| Non-recurring operating income | 76A | €3,311 | €300 | -€3,011 | -90.9% |
| Remuneration, social security and pensions | 62 | €7,577 | €14,053 | +€6,476 | +85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €12,081 | +€6,725 | +126% |
| Other operating charges | 640/8 | €1,047 | €1,533 | +€486 | +46.4% |
| Non-recurring operating charges | 66A | €2,837 | €441 | -€2,396 | -84.5% |
| Gross operating margin | 9900 | €7,560 | €40,349 | +€32,789 | +434% |
| Operating profit (loss) | 9901 | -€9,259 | €12,241 | +€21,499 | |
| Financial income | 75/76B | €2 | €23 | +€20 | +876% |
| Recurring financial income | 75 | €2 | €23 | +€20 | +876% |
| Financial charges | 65/66B | €3,671 | €7,140 | +€3,470 | +94.5% |
| Recurring financial charges | 65 | €3,671 | €7,140 | +€3,470 | +94.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,927 | €5,123 | +€18,050 | |
| Income taxes | 67/77 | €85 | €202 | +€117 | +138% |
| Profit (loss) for the period | 9904 | -€13,012 | €4,921 | +€17,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,012 | €4,921 | +€17,933 |
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.