CTS TRADE: 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 TRADE
Largest movements
- Cash -€33,269
down €33,269 (-23.9%), from €139,316 to €106,047
mainly Trade debts (-€35,524) and Receivables within one year (-€5,446)
- Receivables within one year +€5,446
up €5,446 (+3.0%), from €182,883 to €188,329
of which Trade receivables: +€6,278
- Trade debts -€35,524
down €35,524 (-11.5%), from €310,095 to €274,571
- Reserves +€6,506
up €6,506 (+147%), from €4,427 to €10,932
- Gross operating margin +€3,693
up €3,693 (+60.9%), from €6,066 to €9,759
- Taxes +€2,000
up €2,000 (+543%), from €368 to €2,368
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 | €322,198 | €294,376 | -€27,822 | -8.6% |
| Current assets | 29/58 | €322,198 | €294,376 | -€27,822 | -8.6% |
| Amounts receivable within one year | 40/41 | €182,883 | €188,329 | +€5,446 | +3.0% |
| Trade receivables | 40 | €181,438 | €187,715 | +€6,278 | +3.5% |
| Other amounts receivable | 41 | €1,445 | €614 | -€831 | -57.5% |
| Cash at bank and in hand | 54/58 | €139,316 | €106,047 | -€33,269 | -23.9% |
| Total equity and liabilities | 10/49 | €322,198 | €294,376 | -€27,822 | -8.6% |
| Equity | 10/15 | €10,627 | €17,132 | +€6,506 | +61.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,427 | €10,932 | +€6,506 | +147% |
| Distributable reserves | 133 | €4,427 | €10,932 | +€6,506 | +147% |
| Amounts payable | 17/49 | €311,572 | €277,244 | -€34,328 | -11.0% |
| Amounts payable within one year | 42/48 | €311,572 | €277,244 | -€34,328 | -11.0% |
| Trade debts | 44 | €310,095 | €274,571 | -€35,524 | -11.5% |
| Suppliers | 440/4 | €310,095 | €274,571 | -€35,524 | -11.5% |
| Taxes, remuneration and social security | 45 | €1,173 | €2,368 | +€1,195 | +102% |
| Taxes | 450/3 | €1,173 | €2,368 | +€1,195 | +102% |
| Other amounts payable | 47/48 | €304 | €304 | = | 0.0% |
| Other operating charges | 640/8 | €748 | €796 | +€47 | +6.3% |
| Gross operating margin | 9900 | €6,066 | €9,759 | +€3,693 | +60.9% |
| Operating profit (loss) | 9901 | €5,318 | €8,963 | +€3,645 | +68.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €88 | €89 | +€1 | +1.1% |
| Recurring financial charges | 65 | €88 | €89 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €5,229 | €8,874 | +€3,644 | +69.7% |
| Income taxes | 67/77 | €368 | €2,368 | +€2,000 | +543% |
| Profit (loss) for the period | 9904 | €4,861 | €6,506 | +€1,644 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,861 | €6,506 | +€1,644 | +33.8% |
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.