CDG
Dissolved and wound upFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 15-05-2025 at the NBB all 2 filings
Turnover
≈ €130,000
Estimated: probably between €78,000 and €230,000
Total assets
€71,397▲ 36.2%
2023 · €52,430
Net result
€22,204▼ 26.8%
2023 · €30,345
Working capital
€34,429▲ 255%
2023 · €9,688
Multi-year overview
2023 to 2024, 2 financial yearsOperating result
€31,730
▼ 7.3%
2024
20232024
Net result
€22,204
▼ 26.8%
2024
20232024
Equity
€32,966
▲ 206%
2024
20232024
Total assets
€71,397
▲ 36.2%
2024
20232024
Debt
€38,431
▼ 7.8%
2024
20232024
Working capital
€34,429
▲ 255%
2024
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result€34,234-€31,730▼ 7.3%
Net result€30,345-€22,204▼ 26.8%
Equity€10,762-€32,966▲ 206%
Total assets€52,430-€71,397▲ 36.2%
Debt€41,668-€38,431▼ 7.8%
Working capital€9,688-€34,429▲ 255%
The operating result for 2024 is 7% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €71,397
Equity
€32,966 ▲ 206%
Debt
€38,431 ▼ 7.8%
Debt's share of the balance-sheet total falls from 79.5% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.93▲
2023 · 1.23
Debt to equity
1.17▼
2023 · 3.87
ROE
67.4%▼
2023 · 282.0%
ROA
31.1%▼
2023 · 57.9%
Debt ≤ 1 year
€36,968▼
2023 · €41,604
Income taxes
€9,162▲
2023 · €3,171
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,191 | €867 |
| Depreciation and write-downs of the year | €443 | - |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €443 | - | - |
| Other operating charges640/8 | €248 | €555 | ▲ 124% |
| Gross operating margin9900 | €34,924 | €32,285 | ▼ 7.6% |
| Operating profit (loss)9901 | €34,234 | €31,730 | ▼ 7.3% |
| Financial income75/76B | - | €35 | - |
| Recurring financial income75 | - | €35 | - |
| Financial charges65/66B | €718 | €399 | ▼ 44.5% |
| Recurring financial charges65 | €718 | €399 | ▼ 44.5% |
| Profit (loss) for the period before taxes9903 | €33,516 | €31,366 | ▼ 6.4% |
| Income taxes67/77 | €3,171 | €9,162 | ▲ 189% |
| Profit (loss) for the period9904 | €30,345 | €22,204 | ▼ 26.8% |
| Profit (loss) for the period to be appropriated9905 | €30,345 | €22,204 | ▼ 26.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €52,430 | €71,397 | ▲ 36.2% |
| Fixed assets21/28 | €1,137 | - | - |
| Tangible fixed assets22/27 | €1,137 | - | - |
| Furniture and vehicles24 | €1,137 | - | - |
| Current assets29/58 | €51,293 | €71,397 | ▲ 39.2% |
| Amounts receivable within one year40/41 | €15,409 | €5,553 | ▼ 64.0% |
| Trade receivables40 | €15,409 | €1,639 | ▼ 89.4% |
| Other amounts receivable41 | - | €3,914 | - |
| Cash at bank and in hand54/58 | €32,534 | €65,844 | ▲ 102% |
| Deferred charges and accrued income490/1 | €3,350 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €52,430 | €71,397 | ▲ 36.2% |
| Equity10/15 | €10,762 | €32,966 | ▲ 206% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €5,762 | €27,966 | ▲ 385% |
| Distributable reserves133 | €5,762 | €27,966 | ▲ 385% |
| Amounts payable17/49 | €41,668 | €38,431 | ▼ 7.8% |
| Amounts payable within one year42/48 | €41,604 | €36,968 | ▼ 11.1% |
| Trade debts44 | €1,553 | - | - |
| Suppliers440/4 | €1,553 | - | - |
| Taxes, remuneration and social security45 | €2,094 | - | - |
| Taxes450/3 | €2,094 | - | - |
| Other amounts payable47/48 | €37,957 | €36,968 | ▼ 2.6% |
| Accrued charges and deferred income492/3 | €64 | €1,463 | ▲ 23× |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €30,345 | €22,204 | ▼ 26.8% |
| + Depreciation and write-downs630 | €443 | - | - |
| Operating cash flow (approximation) | €30,788 | €22,204 | ▼ 27.9% |
| Change in cash | - | €33,310 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.