CTRL4U: 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.
CTRL4U
Largest movements
- Cash +€69,658
up €69,658 (+277.4%), from €25,112 to €94,770
mainly Net result for the year (+€75,107) and Depreciation (+€25,377)
- Stocks and contracts +€13,191
up €13,191 (+20.9%), from €63,103 to €76,294
- Profit (loss) carried forward +€75,107
up €75,107 (+160.9%), from €46,689 to €121,796
- Other debts +€15,963
up €15,963 (+60.0%), from €26,590 to €42,554
- Debts after one year -€13,975
down €13,975 (-3.7%), from €374,682 to €360,706
- Current portion of long-term debt +€13,975
new in 2025: €13,975
- Short-term financial debts -€13,327
down €13,327 (-65.6%), from €20,327 to €7,000
- Depreciation -€36,678
down €36,678 (-59.1%), from €62,055 to €25,377
- Financial charges +€9,187
up €9,187 (+74.1%), from €12,404 to €21,591
- Taxes +€8,642
up €8,642 (+60.3%), from €14,342 to €22,984
- Gross operating margin +€7,392
up €7,392 (+5.3%), from €139,510 to €146,902
- Other operating charges +€1,587
up €1,587 (+353.3%), from €449 to €2,036
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 | €571,342 | €662,750 | +€91,408 | +16.0% |
| Fixed assets | 21/28 | €385,560 | €387,511 | +€1,951 | +0.5% |
| Tangible fixed assets | 22/27 | €385,560 | €387,511 | +€1,951 | +0.5% |
| Land and buildings | 22 | €379,609 | €370,950 | -€8,659 | -2.3% |
| Plant, machinery and equipment | 23 | €3,710 | €10,036 | +€6,326 | +170.5% |
| Furniture and vehicles | 24 | €2,242 | €6,525 | +€4,283 | +191.1% |
| Current assets | 29/58 | €185,782 | €275,239 | +€89,457 | +48.2% |
| Stocks and contracts in progress | 3 | €63,103 | €76,294 | +€13,191 | +20.9% |
| Stocks | 30/36 | €63,103 | €76,294 | +€13,191 | +20.9% |
| Amounts receivable within one year | 40/41 | €93,411 | €99,392 | +€5,981 | +6.4% |
| Trade receivables | 40 | €83,548 | €92,718 | +€9,170 | +11.0% |
| Other amounts receivable | 41 | €9,863 | €6,674 | -€3,189 | -32.3% |
| Cash at bank and in hand | 54/58 | €25,112 | €94,770 | +€69,658 | +277.4% |
| Deferred charges and accrued income | 490/1 | €4,156 | €4,783 | +€627 | +15.1% |
| Total equity and liabilities | 10/49 | €571,342 | €662,750 | +€91,408 | +16.0% |
| Equity | 10/15 | €81,739 | €156,846 | +€75,107 | +91.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,850 | €28,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,990 | €26,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,689 | €121,796 | +€75,107 | +160.9% |
| Amounts payable | 17/49 | €489,602 | €505,904 | +€16,301 | +3.3% |
| Amounts payable after more than one year | 17 | €374,682 | €360,706 | -€13,975 | -3.7% |
| Financial debts | 170/4 | €374,682 | €360,706 | -€13,975 | -3.7% |
| Amounts payable within one year | 42/48 | €114,920 | €144,951 | +€30,031 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | - | €13,975 | +€13,975 | |
| Financial debts | 43 | €20,327 | €7,000 | -€13,327 | -65.6% |
| Credit institutions | 430/8 | €20,327 | €7,000 | -€13,327 | -65.6% |
| Trade debts | 44 | €62,329 | €72,815 | +€10,486 | +16.8% |
| Suppliers | 440/4 | €62,329 | €72,815 | +€10,486 | +16.8% |
| Taxes, remuneration and social security | 45 | €5,674 | €8,607 | +€2,933 | +51.7% |
| Taxes | 450/3 | €5,674 | €8,607 | +€2,933 | +51.7% |
| Other amounts payable | 47/48 | €26,590 | €42,554 | +€15,963 | +60.0% |
| Accrued charges and deferred income | 492/3 | - | €246 | +€246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,055 | €25,377 | -€36,678 | -59.1% |
| Other operating charges | 640/8 | €449 | €2,036 | +€1,587 | +353.3% |
| Gross operating margin | 9900 | €139,510 | €146,902 | +€7,392 | +5.3% |
| Operating profit (loss) | 9901 | €77,006 | €119,489 | +€42,484 | +55.2% |
| Financial income | 75/76B | €18 | €192 | +€175 | +980.0% |
| Recurring financial income | 75 | €18 | €192 | +€175 | +980.0% |
| Financial charges | 65/66B | €12,404 | €21,591 | +€9,187 | +74.1% |
| Recurring financial charges | 65 | €12,404 | €21,591 | +€9,187 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | €64,619 | €98,091 | +€33,471 | +51.8% |
| Income taxes | 67/77 | €14,342 | €22,984 | +€8,642 | +60.3% |
| Profit (loss) for the period | 9904 | €50,278 | €75,107 | +€24,829 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,278 | €75,107 | +€24,829 | +49.4% |
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.