CTRL-T: 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.
CTRL-T
Largest movements
- Receivables within one year +€9,410
up €9,410 (+356.0%), from €2,643 to €12,053
of which Trade receivables: +€9,857
- Tangible fixed assets -€7,454
down €7,454 (-2.1%), from €357,530 to €350,076
of which Land and buildings: -€7,454
- Cash -€7,159
down €7,159 (-43.1%), from €16,614 to €9,455
mainly Other debts (-€51,689) and Receivables within one year (-€9,410)
- Other debts -€51,689
down €51,689 (-71.2%), from €72,577 to €20,888
- Debts after one year +€36,558
up €36,558 (+17.9%), from €204,724 to €241,282
- Profit (loss) carried forward +€7,078
up €7,078 (+11.2%), from €63,089 to €70,167
- Gross operating margin +€11,416
up €11,416 (+56.6%), from €20,178 to €31,594
- Staff costs +€3,792
new in 2025: €3,792
- Financial charges +€2,431
up €2,431 (+65.2%), from €3,726 to €6,158
- Depreciation +€1,882
up €1,882 (+25.3%), from €7,454 to €9,336
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 | €378,131 | €371,584 | -€6,548 | -1.7% |
| Fixed assets | 21/28 | €357,530 | €350,076 | -€7,454 | -2.1% |
| Tangible fixed assets | 22/27 | €357,530 | €350,076 | -€7,454 | -2.1% |
| Land and buildings | 22 | €217,259 | €209,805 | -€7,454 | -3.4% |
| Assets under construction and advance payments | 27 | €140,272 | €140,272 | = | 0.0% |
| Current assets | 29/58 | €20,601 | €21,508 | +€906 | +4.4% |
| Amounts receivable within one year | 40/41 | €2,643 | €12,053 | +€9,410 | +356.0% |
| Trade receivables | 40 | €1,748 | €11,605 | +€9,857 | +563.9% |
| Other amounts receivable | 41 | €895 | €448 | -€448 | -50.0% |
| Cash at bank and in hand | 54/58 | €16,614 | €9,455 | -€7,159 | -43.1% |
| Deferred charges and accrued income | 490/1 | €1,344 | - | -€1,344 | |
| Total equity and liabilities | 10/49 | €378,131 | €371,584 | -€6,548 | -1.7% |
| Equity | 10/15 | €85,089 | €92,167 | +€7,078 | +8.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,089 | €70,167 | +€7,078 | +11.2% |
| Amounts payable | 17/49 | €293,042 | €279,417 | -€13,625 | -4.6% |
| Amounts payable after more than one year | 17 | €204,724 | €241,282 | +€36,558 | +17.9% |
| Financial debts | 170/4 | €204,724 | €241,282 | +€36,558 | +17.9% |
| Amounts payable within one year | 42/48 | €88,318 | €38,135 | -€50,184 | -56.8% |
| Current portion of amounts payable after more than one year | 42 | €11,440 | €14,341 | +€2,901 | +25.4% |
| Trade debts | 44 | €1,389 | - | -€1,389 | |
| Suppliers | 440/4 | €1,389 | - | -€1,389 | |
| Taxes, remuneration and social security | 45 | €2,912 | €2,905 | -€7 | -0.2% |
| Taxes | 450/3 | €2,912 | €2,905 | -€7 | -0.2% |
| Other amounts payable | 47/48 | €72,577 | €20,888 | -€51,689 | -71.2% |
| Remuneration, social security and pensions | 62 | - | €3,792 | +€3,792 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,454 | €9,336 | +€1,882 | +25.3% |
| Other operating charges | 640/8 | €2,612 | €2,330 | -€282 | -10.8% |
| Gross operating margin | 9900 | €20,178 | €31,594 | +€11,416 | +56.6% |
| Operating profit (loss) | 9901 | €10,112 | €16,136 | +€6,024 | +59.6% |
| Financial income | 75/76B | €0 | €5 | +€5 | +4445.5% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +4445.5% |
| Financial charges | 65/66B | €3,726 | €6,158 | +€2,431 | +65.2% |
| Recurring financial charges | 65 | €3,726 | €6,158 | +€2,431 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | €6,386 | €9,983 | +€3,597 | +56.3% |
| Income taxes | 67/77 | €2,902 | €2,905 | +€3 | +0.1% |
| Profit (loss) for the period | 9904 | €3,484 | €7,078 | +€3,594 | +103.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,484 | €7,078 | +€3,594 | +103.2% |
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 6 October 2026 via checked.be.