CTS TECHNICAL SERVICE: 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 TECHNICAL SERVICE
Largest movements
- Cash +€37,817
up €37,817 (+355%), from €10,656 to €48,472
mainly Net result for the year (+€54,667) and Receivables within one year (+€18,391)
- Receivables within one year -€18,391
down €18,391 (-34.3%), from €53,606 to €35,216
of which Other amounts receivable: -€9,895
- Tangible fixed assets +€14,326
up €14,326 (+5.7%), from €252,002 to €266,328
of which Land and buildings: +€21,368
- Deferred charges and accrued income -€6,726
down €6,726 (-25.6%), from €26,288 to €19,562
- Stocks and contracts -€3,953
down €3,953 (-33.3%), from €11,858 to €7,906
- Profit (loss) carried forward +€31,137
up €31,137 (+38.0%), from €82,046 to €113,183
- Debts after one year -€17,934
down €17,934 (-8.2%), from €217,392 to €199,457
- Short-term financial debts +€5,873
new in 2025: €5,873
- Tax, wage and social debts +€5,748
up €5,748 (+614%), from €936 to €6,684
- Gross operating margin +€29,897
up €29,897 (+42.6%), from €70,132 to €100,030
- Taxes +€9,242
up €9,242 (+78.9%), from €11,714 to €20,957
- Depreciation +€3,852
up €3,852 (+33.4%), from €11,546 to €15,399
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 | €354,610 | €377,683 | +€23,073 | +6.5% |
| Fixed assets | 21/28 | €252,202 | €266,528 | +€14,326 | +5.7% |
| Tangible fixed assets | 22/27 | €252,002 | €266,328 | +€14,326 | +5.7% |
| Land and buildings | 22 | €221,071 | €242,439 | +€21,368 | +9.7% |
| Plant, machinery and equipment | 23 | €2,717 | €2,232 | -€486 | -17.9% |
| Furniture and vehicles | 24 | €28,214 | €21,657 | -€6,557 | -23.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €102,409 | €111,155 | +€8,747 | +8.5% |
| Stocks and contracts in progress | 3 | €11,858 | €7,906 | -€3,953 | -33.3% |
| Stocks | 30/36 | €11,858 | €7,906 | -€3,953 | -33.3% |
| Amounts receivable within one year | 40/41 | €53,606 | €35,216 | -€18,391 | -34.3% |
| Trade receivables | 40 | €35,835 | €27,339 | -€8,496 | -23.7% |
| Other amounts receivable | 41 | €17,772 | €7,877 | -€9,895 | -55.7% |
| Cash at bank and in hand | 54/58 | €10,656 | €48,472 | +€37,817 | +355% |
| Deferred charges and accrued income | 490/1 | €26,288 | €19,562 | -€6,726 | -25.6% |
| Total equity and liabilities | 10/49 | €354,610 | €377,683 | +€23,073 | +6.5% |
| Equity | 10/15 | €87,046 | €118,183 | +€31,137 | +35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,046 | €113,183 | +€31,137 | +38.0% |
| Amounts payable | 17/49 | €267,564 | €259,500 | -€8,064 | -3.0% |
| Amounts payable after more than one year | 17 | €217,392 | €199,457 | -€17,934 | -8.2% |
| Financial debts | 170/4 | €217,392 | €199,457 | -€17,934 | -8.2% |
| Amounts payable within one year | 42/48 | €49,736 | €59,629 | +€9,894 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €18,343 | €18,892 | +€549 | +3.0% |
| Financial debts | 43 | - | €5,873 | +€5,873 | |
| Credit institutions | 430/8 | - | €5,873 | +€5,873 | |
| Trade debts | 44 | €12,857 | €11,247 | -€1,610 | -12.5% |
| Suppliers | 440/4 | €12,857 | €11,247 | -€1,610 | -12.5% |
| Taxes, remuneration and social security | 45 | €936 | €6,684 | +€5,748 | +614% |
| Taxes | 450/3 | €936 | €6,684 | +€5,748 | +614% |
| Other amounts payable | 47/48 | €17,600 | €16,934 | -€666 | -3.8% |
| Accrued charges and deferred income | 492/3 | €437 | €413 | -€24 | -5.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,546 | €15,399 | +€3,852 | +33.4% |
| Other operating charges | 640/8 | €1,880 | €1,831 | -€50 | -2.6% |
| Non-recurring operating charges | 66A | €1,492 | €0 | -€1,492 | -100% |
| Gross operating margin | 9900 | €70,132 | €100,030 | +€29,897 | +42.6% |
| Operating profit (loss) | 9901 | €55,214 | €82,801 | +€27,587 | +50.0% |
| Financial income | 75/76B | €941 | €1,318 | +€377 | +40.1% |
| Recurring financial income | 75 | €941 | €1,318 | +€377 | +40.1% |
| Financial charges | 65/66B | €8,933 | €8,496 | -€437 | -4.9% |
| Recurring financial charges | 65 | €8,933 | €8,496 | -€437 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €47,222 | €75,623 | +€28,401 | +60.1% |
| Income taxes | 67/77 | €11,714 | €20,957 | +€9,242 | +78.9% |
| Profit (loss) for the period | 9904 | €35,508 | €54,667 | +€19,159 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,508 | €54,667 | +€19,159 | +54.0% |
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 30 October 2026 via checked.be.