C.C.G.M Projects: 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.
C.C.G.M Projects
Largest movements
- Stocks and contracts -€25,091
down €25,091 (-25.9%), from €97,015 to €71,925
- Receivables within one year -€14,631
down €14,631 (-52.7%), from €27,737 to €13,106
of which Trade receivables: -€17,783
- Intangible fixed assets -€5,147
down €5,147 (-100%), from €5,147 to €0
- Other debts -€54,567
down €54,567 (-99.8%), from €54,691 to €124
- Debts after one year +€25,000
up €25,000 (+100%), from €25,000 to €50,000
- Trade debts -€16,477
down €16,477 (-92.2%), from €17,864 to €1,387
- Tax, wage and social debts -€10,001
down €10,001 (-65.9%), from €15,185 to €5,184
- Reserves +€6,611
up €6,611 (+18.8%), from €35,185 to €41,795
- Financial charges +€3,940
up €3,940 (+497%), from €793 to €4,733
- Gross operating margin -€3,513
down €3,513 (-15.4%), from €22,868 to €19,356
- Taxes -€2,135
down €2,135 (-51.1%), from €4,175 to €2,039
- Depreciation -€893
down €893 (-49.7%), from €1,798 to €905
- Financial income +€841
new in 2025: €841
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 | €154,358 | €108,020 | -€46,338 | -30.0% |
| Fixed assets | 21/28 | €18,093 | €12,041 | -€6,052 | -33.4% |
| Intangible fixed assets | 21 | €5,147 | €0 | -€5,147 | -100% |
| Tangible fixed assets | 22/27 | €1,946 | €1,041 | -€905 | -46.5% |
| Plant, machinery and equipment | 23 | €487 | €288 | -€200 | -41.0% |
| Furniture and vehicles | 24 | €1,459 | €753 | -€705 | -48.3% |
| Financial fixed assets | 28 | €11,000 | €11,000 | = | 0.0% |
| Current assets | 29/58 | €136,265 | €95,978 | -€40,287 | -29.6% |
| Stocks and contracts in progress | 3 | €97,015 | €71,925 | -€25,091 | -25.9% |
| Stocks | 30/36 | €97,015 | €71,925 | -€25,091 | -25.9% |
| Amounts receivable within one year | 40/41 | €27,737 | €13,106 | -€14,631 | -52.7% |
| Trade receivables | 40 | €27,737 | €9,954 | -€17,783 | -64.1% |
| Other amounts receivable | 41 | €0 | €3,152 | +€3,152 | |
| Current investments | 50/53 | €100 | €0 | -€100 | -100% |
| Cash at bank and in hand | 54/58 | €10,994 | €10,304 | -€690 | -6.3% |
| Deferred charges and accrued income | 490/1 | €419 | €644 | +€225 | +53.8% |
| Total equity and liabilities | 10/49 | €154,358 | €108,020 | -€46,338 | -30.0% |
| Equity | 10/15 | €41,185 | €47,795 | +€6,611 | +16.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €35,185 | €41,795 | +€6,611 | +18.8% |
| Distributable reserves | 133 | €35,185 | €41,795 | +€6,611 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €113,173 | €60,224 | -€52,949 | -46.8% |
| Amounts payable after more than one year | 17 | €25,000 | €50,000 | +€25,000 | +100% |
| Financial debts | 170/4 | €25,000 | €50,000 | +€25,000 | +100% |
| Amounts payable within one year | 42/48 | €87,740 | €6,695 | -€81,045 | -92.4% |
| Trade debts | 44 | €17,864 | €1,387 | -€16,477 | -92.2% |
| Suppliers | 440/4 | €17,864 | €1,387 | -€16,477 | -92.2% |
| Taxes, remuneration and social security | 45 | €15,185 | €5,184 | -€10,001 | -65.9% |
| Taxes | 450/3 | €15,185 | €5,184 | -€10,001 | -65.9% |
| Other amounts payable | 47/48 | €54,691 | €124 | -€54,567 | -99.8% |
| Accrued charges and deferred income | 492/3 | €434 | €3,530 | +€3,096 | +714% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,798 | €905 | -€893 | -49.7% |
| Other operating charges | 640/8 | €505 | €762 | +€256 | +50.7% |
| Non-recurring operating charges | 66A | - | €5,147 | +€5,147 | |
| Gross operating margin | 9900 | €22,868 | €19,356 | -€3,513 | -15.4% |
| Operating profit (loss) | 9901 | €20,565 | €12,542 | -€8,023 | -39.0% |
| Financial income | 75/76B | - | €841 | +€841 | |
| Recurring financial income | 75 | - | €841 | +€841 | |
| Financial charges | 65/66B | €793 | €4,733 | +€3,940 | +497% |
| Recurring financial charges | 65 | €793 | €4,733 | +€3,940 | +497% |
| Profit (loss) for the period before taxes | 9903 | €19,772 | €8,650 | -€11,122 | -56.3% |
| Income taxes | 67/77 | €4,175 | €2,039 | -€2,135 | -51.1% |
| Profit (loss) for the period | 9904 | €15,597 | €6,611 | -€8,987 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,597 | €6,611 | -€8,987 | -57.6% |
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.