CTS-DECON: 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-DECON
Largest movements
- Receivables within one year +€50,314
up €50,314 (+222%), from €22,708 to €73,022
of which Trade receivables: +€31,907
- Cash -€29,775
down €29,775 (-60.8%), from €48,999 to €19,224
mainly Receivables within one year (-€50,314) and Contributions, distributions and other (-€36,000)
- Tangible fixed assets -€20,329
down €20,329 (-19.3%), from €105,358 to €85,029
of which Leasing and similar rights: -€16,503
- Deferred charges and accrued income +€2,599
up €2,599 (+69.1%), from €3,762 to €6,361
- Reserves -€36,000
down €36,000 (-61.0%), from €59,000 to €23,000
- Other debts +€31,751
up €31,751 (+77.5%), from €40,978 to €72,729
- Accrued charges and deferred income +€26,729
up €26,729 (+478%), from €5,594 to €32,323
- Profit (loss) carried forward -€20,810
down €20,810, from €968 to -€19,842
- Debts after one year -€7,248
down €7,248 (-14.6%), from €49,691 to €42,443
- Staff costs +€102,615
up €102,615 (+159%), from €64,469 to €167,084
- Gross operating margin +€83,166
up €83,166 (+82.8%), from €100,436 to €183,602
- Depreciation +€8,470
up €8,470 (+49.5%), from €17,119 to €25,589
- Taxes +€3,872
up €3,872, from -€1,407 to €2,466
- Financial charges +€3,459
up €3,459 (+81.1%), from €4,265 to €7,725
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 | €185,028 | €185,809 | +€781 | +0.4% |
| Fixed assets | 21/28 | €109,560 | €87,202 | -€22,357 | -20.4% |
| Intangible fixed assets | 21 | €3,682 | €2,174 | -€1,508 | -41.0% |
| Tangible fixed assets | 22/27 | €105,358 | €85,029 | -€20,329 | -19.3% |
| Land and buildings | 22 | €12,406 | €3,587 | -€8,820 | -71.1% |
| Plant, machinery and equipment | 23 | €4,206 | €4,697 | +€491 | +11.7% |
| Furniture and vehicles | 24 | €13,644 | €18,284 | +€4,640 | +34.0% |
| Leasing and similar rights | 25 | €74,497 | €57,995 | -€16,503 | -22.2% |
| Other tangible fixed assets | 26 | €605 | €467 | -€138 | -22.7% |
| Financial fixed assets | 28 | €520 | €0 | -€520 | -100% |
| Current assets | 29/58 | €75,468 | €98,606 | +€23,138 | +30.7% |
| Amounts receivable within one year | 40/41 | €22,708 | €73,022 | +€50,314 | +222% |
| Trade receivables | 40 | €20,738 | €52,645 | +€31,907 | +154% |
| Other amounts receivable | 41 | €1,969 | €20,377 | +€18,408 | +935% |
| Cash at bank and in hand | 54/58 | €48,999 | €19,224 | -€29,775 | -60.8% |
| Deferred charges and accrued income | 490/1 | €3,762 | €6,361 | +€2,599 | +69.1% |
| Total equity and liabilities | 10/49 | €185,028 | €185,809 | +€781 | +0.4% |
| Equity | 10/15 | €63,968 | €7,158 | -€56,810 | -88.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €59,000 | €23,000 | -€36,000 | -61.0% |
| Distributable reserves | 133 | €59,000 | €23,000 | -€36,000 | -61.0% |
| Profit (loss) carried forward | 14 | €968 | -€19,842 | -€20,810 | |
| Amounts payable | 17/49 | €121,060 | €178,651 | +€57,591 | +47.6% |
| Amounts payable after more than one year | 17 | €49,691 | €42,443 | -€7,248 | -14.6% |
| Financial debts | 170/4 | €49,691 | €42,443 | -€7,248 | -14.6% |
| Amounts payable within one year | 42/48 | €65,775 | €103,885 | +€38,110 | +57.9% |
| Current portion of amounts payable after more than one year | 42 | €14,380 | €15,958 | +€1,578 | +11.0% |
| Trade debts | 44 | €1,243 | €28 | -€1,214 | -97.7% |
| Suppliers | 440/4 | €1,243 | €28 | -€1,214 | -97.7% |
| Taxes, remuneration and social security | 45 | €9,175 | €15,169 | +€5,995 | +65.3% |
| Taxes | 450/3 | €8,842 | €3,676 | -€5,166 | -58.4% |
| Remuneration and social security | 454/9 | €333 | €11,493 | +€11,161 | +3,353% |
| Other amounts payable | 47/48 | €40,978 | €72,729 | +€31,751 | +77.5% |
| Accrued charges and deferred income | 492/3 | €5,594 | €32,323 | +€26,729 | +478% |
| Remuneration, social security and pensions | 62 | €64,469 | €167,084 | +€102,615 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,119 | €25,589 | +€8,470 | +49.5% |
| Other operating charges | 640/8 | €477 | €1,671 | +€1,194 | +250% |
| Gross operating margin | 9900 | €100,436 | €183,602 | +€83,166 | +82.8% |
| Operating profit (loss) | 9901 | €18,372 | -€10,741 | -€29,114 | |
| Financial income | 75/76B | €22 | €122 | +€100 | +450% |
| Recurring financial income | 75 | €22 | €122 | +€100 | +450% |
| Financial charges | 65/66B | €4,265 | €7,725 | +€3,459 | +81.1% |
| Recurring financial charges | 65 | €4,265 | €7,725 | +€3,459 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | €14,129 | -€18,344 | -€32,473 | |
| Income taxes | 67/77 | -€1,407 | €2,466 | +€3,872 | |
| Profit (loss) for the period | 9904 | €15,536 | -€20,810 | -€36,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,536 | -€20,810 | -€36,346 |
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 19 October 2026 via checked.be.