CTL PATRIMOINE: 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 PATRIMOINE
Largest movements
- Cash +€25,397
up €25,397 (+1,625%), from €1,563 to €26,960
- Receivables within one year -€4,837
down €4,837 (-16.7%), from €28,921 to €24,084
of which Other amounts receivable: -€21,356
- Tangible fixed assets -€4,626
down €4,626 (-4.1%), from €112,927 to €108,301
of which Other tangible fixed assets: -€4,626
- Profit (loss) carried forward +€16,768
up €16,768, from -€4,299 to €12,469
- Gross operating margin +€19,483
up €19,483 (+281%), from €6,944 to €26,427
- Taxes -€5,917
down €5,917 (-79.5%), from €7,442 to €1,526
- Financial income -€1,191
no longer reported in 2025 (was €1,191)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,411 | €159,345 | +€15,934 | +11.1% |
| Formation expenses | 20 | €0 | - | -€0 | |
| Fixed assets | 21/28 | €112,927 | €108,301 | -€4,626 | -4.1% |
| Tangible fixed assets | 22/27 | €112,927 | €108,301 | -€4,626 | -4.1% |
| Other tangible fixed assets | 26 | €11,358 | €6,732 | -€4,626 | -40.7% |
| Assets under construction and advance payments | 27 | €101,569 | €101,569 | = | 0.0% |
| Current assets | 29/58 | €30,484 | €51,044 | +€20,560 | +67.4% |
| Amounts receivable within one year | 40/41 | €28,921 | €24,084 | -€4,837 | -16.7% |
| Trade receivables | 40 | €5,787 | €22,306 | +€16,519 | +285% |
| Other amounts receivable | 41 | €23,134 | €1,778 | -€21,356 | -92.3% |
| Cash at bank and in hand | 54/58 | €1,563 | €26,960 | +€25,397 | +1,625% |
| Total equity and liabilities | 10/49 | €143,411 | €159,345 | +€15,934 | +11.1% |
| Equity | 10/15 | €65,701 | €82,469 | +€16,768 | +25.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,299 | €12,469 | +€16,768 | |
| Amounts payable | 17/49 | €77,710 | €76,876 | -€835 | -1.1% |
| Amounts payable within one year | 42/48 | €77,710 | €76,876 | -€835 | -1.1% |
| Trade debts | 44 | €72,173 | €72,769 | +€596 | +0.8% |
| Suppliers | 440/4 | €72,173 | €72,769 | +€596 | +0.8% |
| Taxes, remuneration and social security | 45 | €2,118 | €907 | -€1,211 | -57.2% |
| Taxes | 450/3 | €2,118 | €907 | -€1,211 | -57.2% |
| Other amounts payable | 47/48 | €3,420 | €3,200 | -€220 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,927 | €6,767 | -€160 | -2.3% |
| Gross operating margin | 9900 | €6,944 | €26,427 | +€19,483 | +281% |
| Operating profit (loss) | 9901 | €17 | €19,660 | +€19,643 | +114,602% |
| Financial income | 75/76B | €1,191 | - | -€1,191 | |
| Recurring financial income | 75 | €1,191 | - | -€1,191 | |
| Financial charges | 65/66B | €201 | €55 | -€146 | -72.6% |
| Recurring financial charges | 65 | €201 | €55 | -€146 | -72.6% |
| Profit (loss) for the period before taxes | 9903 | €1,008 | €19,605 | +€18,597 | +1,845% |
| Income taxes | 67/77 | €7,442 | €1,526 | -€5,917 | -79.5% |
| Profit (loss) for the period | 9904 | -€6,435 | €18,079 | +€24,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,435 | €18,079 | +€24,514 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.