CTR - MEDIA: 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 - MEDIA
Largest movements
- Cash -€1.8m
down €1.8m (-90.8%), from €1.9m to €176,790
mainly Contributions, distributions and other (-€1.6m) and Investment in fixed assets (net) (-€174,253)
- Receivables within one year +€146,132
up €146,132 (+25.8%), from €566,467 to €712,599
of which Trade receivables: +€149,432
- Intangible fixed assets +€75,715
up €75,715 (+29.5%), from €256,275 to €331,990
- Reserves -€1.6m
down €1.6m (-68.7%), from €2.3m to €727,846
of which Distributable reserves: -€1.6m
- Trade debts +€76,434
up €76,434 (+23.9%), from €319,626 to €396,060
- Purchases and services +€351,288
up €351,288 (+12.4%), from €2.8m to €3.2m
- Turnover +€151,553
up €151,553 (+13.4%), from €1.1m to €1.3m
- Gross operating margin -€87,332
down €87,332 (-10.5%), from €832,955 to €745,623
- Depreciation -€72,440
down €72,440 (-43.8%), from €165,356 to €92,916
- Staff costs -€34,484
down €34,484 (-5.4%), from €638,601 to €604,117
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.
Cash bridge derived
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 | €2,768,176 | €1,251,219 | -€1.5m | -54.8% |
| Fixed assets | 21/28 | €259,533 | €340,870 | +€81,337 | +31.3% |
| Intangible fixed assets | 21 | €256,275 | €331,990 | +€75,715 | +29.5% |
| Tangible fixed assets | 22/27 | €3,258 | €8,880 | +€5,622 | +172.6% |
| Plant, machinery and equipment | 23 | €3,258 | €8,880 | +€5,622 | +172.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €2,508,643 | €910,349 | -€1.6m | -63.7% |
| Amounts receivable within one year | 40/41 | €566,467 | €712,599 | +€146,132 | +25.8% |
| Trade receivables | 40 | €557,967 | €707,399 | +€149,432 | +26.8% |
| Other amounts receivable | 41 | €8,500 | €5,200 | -€3,300 | -38.8% |
| Cash at bank and in hand | 54/58 | €1,931,776 | €176,790 | -€1.8m | -90.8% |
| Deferred charges and accrued income | 490/1 | €10,400 | €20,960 | +€10,560 | +101.5% |
| Total equity and liabilities | 10/49 | €2,768,176 | €1,251,219 | -€1.5m | -54.8% |
| Equity | 10/15 | €2,321,646 | €729,141 | -€1.6m | -68.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,327,846 | €727,846 | -€1.6m | -68.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,321,646 | €721,646 | -€1.6m | -68.9% |
| Profit (loss) carried forward | 14 | -€68,200 | -€60,705 | +€7,495 | +11.0% |
| Amounts payable | 17/49 | €446,530 | €522,078 | +€75,548 | +16.9% |
| Amounts payable within one year | 42/48 | €446,530 | €522,078 | +€75,548 | +16.9% |
| Trade debts | 44 | €319,626 | €396,060 | +€76,434 | +23.9% |
| Suppliers | 440/4 | €319,626 | €396,060 | +€76,434 | +23.9% |
| Taxes, remuneration and social security | 45 | €124,319 | €123,016 | -€1,303 | -1.0% |
| Taxes | 450/3 | €54,124 | €39,308 | -€14,817 | -27.4% |
| Remuneration and social security | 454/9 | €70,195 | €83,709 | +€13,514 | +19.3% |
| Other amounts payable | 47/48 | €2,585 | €3,001 | +€417 | +16.1% |
| Turnover | 70 | €1,133,524 | €1,285,076 | +€151,553 | +13.4% |
| Non-recurring operating income | 76A | - | €58 | +€58 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,836,028 | €3,187,316 | +€351,288 | +12.4% |
| Remuneration, social security and pensions | 62 | €638,601 | €604,117 | -€34,484 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165,356 | €92,916 | -€72,440 | -43.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€779 | -€779 | |
| Other operating charges | 640/8 | €37,904 | €40,238 | +€2,335 | +6.2% |
| Non-recurring operating charges | 66A | - | €650 | +€650 | |
| Gross operating margin | 9900 | €832,955 | €745,623 | -€87,332 | -10.5% |
| Operating profit (loss) | 9901 | -€8,907 | €8,480 | +€17,386 | |
| Financial income | 75/76B | €33,943 | €17,241 | -€16,701 | -49.2% |
| Recurring financial income | 75 | €33,943 | €17,241 | -€16,701 | -49.2% |
| Financial charges | 65/66B | €2,558 | €2,691 | +€133 | +5.2% |
| Recurring financial charges | 65 | €2,558 | €2,691 | +€133 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €22,478 | €23,030 | +€552 | +2.5% |
| Income taxes | 67/77 | €46,871 | €15,535 | -€31,337 | -66.9% |
| Profit (loss) for the period | 9904 | -€24,394 | €7,495 | +€31,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,394 | €7,495 | +€31,889 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.