CTS CONSTRUCT: 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.
CTS CONSTRUCT
Largest movements
- Cash +€116,604
up €116,604 (+878%), from €13,287 to €129,891
mainly Trade debts (+€115,124) and Net result for the year (+€66,172)
- Receivables within one year +€65,433
up €65,433 (+93.2%), from €70,204 to €135,637
of which Other amounts receivable: +€39,182
- Tangible fixed assets -€7,237
down €7,237 (-53.7%), from €13,466 to €6,229
of which Plant, machinery and equipment: -€5,144
- Trade debts +€115,124
up €115,124 (+100,835%), from €114 to €115,238
- Profit (loss) carried forward +€36,760
up €36,760 (+118%), from €31,269 to €68,029
- Tax, wage and social debts +€25,387
up €25,387 (+83.5%), from €30,418 to €55,805
of which Taxes: +€23,230
- Other debts -€5,000
down €5,000 (-16.7%), from €30,000 to €25,000
- Gross operating margin +€33,905
up €33,905 (+42.0%), from €80,699 to €114,603
- Taxes +€7,623
up €7,623 (+38.7%), from €19,701 to €27,324
- Other operating charges +€3,419
up €3,419 (+51.9%), from €6,586 to €10,004
- Depreciation -€1,831
down €1,831 (-24.3%), from €7,527 to €5,696
- Financial charges -€1,806
down €1,806 (-46.9%), from €3,853 to €2,047
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.
Derived cash bridge
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 | €99,861 | €272,132 | +€172,271 | +173% |
| Fixed assets | 21/28 | €13,721 | €6,484 | -€7,237 | -52.7% |
| Tangible fixed assets | 22/27 | €13,466 | €6,229 | -€7,237 | -53.7% |
| Plant, machinery and equipment | 23 | €10,917 | €5,773 | -€5,144 | -47.1% |
| Furniture and vehicles | 24 | €2,549 | €456 | -€2,093 | -82.1% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €86,140 | €265,648 | +€179,508 | +208% |
| Amounts receivable within one year | 40/41 | €70,204 | €135,637 | +€65,433 | +93.2% |
| Trade receivables | 40 | €64,928 | €91,179 | +€26,250 | +40.4% |
| Other amounts receivable | 41 | €5,276 | €44,458 | +€39,182 | +743% |
| Cash at bank and in hand | 54/58 | €13,287 | €129,891 | +€116,604 | +878% |
| Deferred charges and accrued income | 490/1 | €2,648 | €120 | -€2,529 | -95.5% |
| Total equity and liabilities | 10/49 | €99,861 | €272,132 | +€172,271 | +173% |
| Equity | 10/15 | €39,329 | €76,089 | +€36,760 | +93.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €31,269 | €68,029 | +€36,760 | +118% |
| Amounts payable | 17/49 | €60,532 | €196,043 | +€135,511 | +224% |
| Amounts payable within one year | 42/48 | €60,532 | €196,043 | +€135,511 | +224% |
| Trade debts | 44 | €114 | €115,238 | +€115,124 | +100,835% |
| Suppliers | 440/4 | €114 | €115,238 | +€115,124 | +100,835% |
| Taxes, remuneration and social security | 45 | €30,418 | €55,805 | +€25,387 | +83.5% |
| Taxes | 450/3 | €24,889 | €48,119 | +€23,230 | +93.3% |
| Remuneration and social security | 454/9 | €5,529 | €7,686 | +€2,157 | +39.0% |
| Other amounts payable | 47/48 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Non-recurring operating income | 76A | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,527 | €5,696 | -€1,831 | -24.3% |
| Other operating charges | 640/8 | €6,586 | €10,004 | +€3,419 | +51.9% |
| Non-recurring operating charges | 66A | - | €3,376 | +€3,376 | |
| Gross operating margin | 9900 | €80,699 | €114,603 | +€33,905 | +42.0% |
| Operating profit (loss) | 9901 | €66,586 | €95,527 | +€28,941 | +43.5% |
| Financial income | 75/76B | €6 | €16 | +€10 | +154% |
| Recurring financial income | 75 | €6 | €16 | +€10 | +154% |
| Financial charges | 65/66B | €3,853 | €2,047 | -€1,806 | -46.9% |
| Recurring financial charges | 65 | €3,853 | €2,047 | -€1,806 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €62,739 | €93,496 | +€30,757 | +49.0% |
| Income taxes | 67/77 | €19,701 | €27,324 | +€7,623 | +38.7% |
| Profit (loss) for the period | 9904 | €43,038 | €66,172 | +€23,134 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,038 | €66,172 | +€23,134 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.