CTR: what changed
Two fiscal 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.
CTR
Largest movements
- Cash +€22,033
up €22,033 (+130.5%), from €16,883 to €38,916
mainly Net result for the year (+€11,455) and Depreciation (+€10,652)
- Tangible fixed assets -€7,837
down €7,837 (-17.6%), from €44,612 to €36,775
of which Leasing and similar rights: -€10,027
- Receivables within one year -€6,191
down €6,191 (-34.9%), from €17,743 to €11,552
of which Trade receivables: -€5,804
- Deferred charges and accrued income +€1,200
up €1,200, from €0 to €1,200
- Reserves +€11,455
up €11,455 (+82.3%), from €13,922 to €25,377
- Debts after one year -€8,373
down €8,373 (-22.9%), from €36,580 to €28,207
- Tax, wage and social debts +€5,443
up €5,443 (+88.4%), from €6,159 to €11,603
- Trade debts +€985
up €985 (+56.7%), from €1,738 to €2,724
- Gross operating margin -€7,121
down €7,121 (-19.0%), from €37,530 to €30,409
- Other operating charges -€3,681
down €3,681 (-85.6%), from €4,301 to €620
- Depreciation +€2,958
up €2,958 (+38.4%), from €7,695 to €10,652
- Financial charges +€835
up €835 (+85.6%), from €975 to €1,811
- Taxes -€760
down €760 (-11.1%), from €6,867 to €6,107
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,477 | €88,683 | +€9,205 | +11.6% |
| Fixed assets | 21/28 | €44,852 | €37,015 | -€7,837 | -17.5% |
| Tangible fixed assets | 22/27 | €44,612 | €36,775 | -€7,837 | -17.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €2,190 | +€2,190 | |
| Leasing and similar rights | 25 | €44,612 | €34,585 | -€10,027 | -22.5% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €34,626 | €51,668 | +€17,042 | +49.2% |
| Amounts receivable within one year | 40/41 | €17,743 | €11,552 | -€6,191 | -34.9% |
| Trade receivables | 40 | €16,610 | €10,806 | -€5,804 | -34.9% |
| Other amounts receivable | 41 | €1,133 | €746 | -€387 | -34.1% |
| Cash at bank and in hand | 54/58 | €16,883 | €38,916 | +€22,033 | +130.5% |
| Deferred charges and accrued income | 490/1 | €0 | €1,200 | +€1,200 | |
| Total equity and liabilities | 10/49 | €79,477 | €88,683 | +€9,205 | +11.6% |
| Equity | 10/15 | €26,322 | €37,777 | +€11,455 | +43.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,922 | €25,377 | +€11,455 | +82.3% |
| Distributable reserves | 133 | €13,922 | €25,377 | +€11,455 | +82.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,155 | €50,906 | -€2,249 | -4.2% |
| Amounts payable after more than one year | 17 | €36,580 | €28,207 | -€8,373 | -22.9% |
| Financial debts | 170/4 | €36,580 | €28,207 | -€8,373 | -22.9% |
| Amounts payable within one year | 42/48 | €16,575 | €22,699 | +€6,123 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €8,032 | €8,373 | +€341 | +4.2% |
| Trade debts | 44 | €1,738 | €2,724 | +€985 | +56.7% |
| Suppliers | 440/4 | €1,738 | €2,724 | +€985 | +56.7% |
| Taxes, remuneration and social security | 45 | €6,159 | €11,603 | +€5,443 | +88.4% |
| Taxes | 450/3 | €6,159 | €11,603 | +€5,443 | +88.4% |
| Other amounts payable | 47/48 | €646 | €0 | -€646 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,695 | €10,652 | +€2,958 | +38.4% |
| Other operating charges | 640/8 | €4,301 | €620 | -€3,681 | -85.6% |
| Gross operating margin | 9900 | €37,530 | €30,409 | -€7,121 | -19.0% |
| Operating profit (loss) | 9901 | €25,534 | €19,136 | -€6,398 | -25.1% |
| Financial income | 75/76B | €0 | €236 | +€236 | +2361800.0% |
| Recurring financial income | 75 | €0 | €236 | +€236 | +2361800.0% |
| Financial charges | 65/66B | €975 | €1,811 | +€835 | +85.6% |
| Recurring financial charges | 65 | €975 | €1,811 | +€835 | +85.6% |
| Profit (loss) for the period before taxes | 9903 | €24,559 | €17,562 | -€6,997 | -28.5% |
| Income taxes | 67/77 | €6,867 | €6,107 | -€760 | -11.1% |
| Profit (loss) for the period | 9904 | €17,691 | €11,455 | -€6,237 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,691 | €11,455 | -€6,237 | -35.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.