C & G CONSTRUCT: 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 & G CONSTRUCT
Largest movements
- Stocks and contracts +€67,660
up €67,660 (+8.1%), from €838,653 to €906,312
- Tangible fixed assets -€58,463
down €58,463 (-12.0%), from €487,322 to €428,859
of which Furniture and vehicles: -€58,067
- Cash -€25,984
down €25,984 (-14.6%), from €178,549 to €152,565
mainly Short-term financial debts (-€80,000) and Debts after one year (-€72,842)
- Reserves +€113,458
up €113,458 (+9.0%), from €1.3m to €1.4m
- Short-term financial debts -€80,000
down €80,000 (-53.3%), from €150,000 to €70,000
- Debts after one year -€72,842
down €72,842 (-30.7%), from €237,402 to €164,561
- Trade debts +€18,322
up €18,322 (+44.6%), from €41,122 to €59,445
- Gross operating margin -€91,972
down €91,972 (-20.7%), from €444,528 to €352,556
- Staff costs -€54,778
down €54,778 (-43.2%), from €126,721 to €71,943
- Depreciation +€25,056
up €25,056 (+42.5%), from €58,909 to €83,965
- Taxes -€16,922
down €16,922 (-25.7%), from €65,941 to €49,019
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 | €1,820,916 | €1,796,169 | -€24,747 | -1.4% |
| Fixed assets | 21/28 | €487,322 | €429,359 | -€57,963 | -11.9% |
| Tangible fixed assets | 22/27 | €487,322 | €428,859 | -€58,463 | -12.0% |
| Land and buildings | 22 | €263,104 | €253,214 | -€9,890 | -3.8% |
| Plant, machinery and equipment | 23 | €5,619 | €15,113 | +€9,494 | +169% |
| Furniture and vehicles | 24 | €218,599 | €160,532 | -€58,067 | -26.6% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €1,333,594 | €1,366,810 | +€33,216 | +2.5% |
| Stocks and contracts in progress | 3 | €838,653 | €906,312 | +€67,660 | +8.1% |
| Stocks | 30/36 | €838,653 | €906,312 | +€67,660 | +8.1% |
| Amounts receivable within one year | 40/41 | €300,060 | €291,349 | -€8,711 | -2.9% |
| Trade receivables | 40 | €282,748 | €241,853 | -€40,895 | -14.5% |
| Other amounts receivable | 41 | €17,312 | €49,496 | +€32,184 | +186% |
| Cash at bank and in hand | 54/58 | €178,549 | €152,565 | -€25,984 | -14.6% |
| Deferred charges and accrued income | 490/1 | €16,333 | €16,584 | +€251 | +1.5% |
| Total equity and liabilities | 10/49 | €1,820,916 | €1,796,169 | -€24,747 | -1.4% |
| Equity | 10/15 | €1,282,404 | €1,395,862 | +€113,458 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,263,804 | €1,377,262 | +€113,458 | +9.0% |
| Distributable reserves | 133 | €1,263,804 | €1,377,262 | +€113,458 | +9.0% |
| Amounts payable | 17/49 | €538,512 | €400,307 | -€138,205 | -25.7% |
| Amounts payable after more than one year | 17 | €237,402 | €164,561 | -€72,842 | -30.7% |
| Financial debts | 170/4 | €237,402 | €164,561 | -€72,842 | -30.7% |
| Amounts payable within one year | 42/48 | €297,027 | €234,385 | -€62,642 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €71,028 | €72,842 | +€1,814 | +2.6% |
| Financial debts | 43 | €150,000 | €70,000 | -€80,000 | -53.3% |
| Credit institutions | 430/8 | €150,000 | €70,000 | -€80,000 | -53.3% |
| Trade debts | 44 | €41,122 | €59,445 | +€18,322 | +44.6% |
| Suppliers | 440/4 | €41,122 | €59,445 | +€18,322 | +44.6% |
| Taxes, remuneration and social security | 45 | €30,530 | €29,340 | -€1,190 | -3.9% |
| Taxes | 450/3 | €22,145 | €17,169 | -€4,976 | -22.5% |
| Remuneration and social security | 454/9 | €8,385 | €12,171 | +€3,786 | +45.2% |
| Other amounts payable | 47/48 | €4,347 | €2,759 | -€1,588 | -36.5% |
| Accrued charges and deferred income | 492/3 | €4,083 | €1,361 | -€2,722 | -66.7% |
| Non-recurring operating income | 76A | €18,182 | - | -€18,182 | |
| Remuneration, social security and pensions | 62 | €126,721 | €71,943 | -€54,778 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,909 | €83,965 | +€25,056 | +42.5% |
| Other operating charges | 640/8 | €12,018 | €13,049 | +€1,030 | +8.6% |
| Gross operating margin | 9900 | €444,528 | €352,556 | -€91,972 | -20.7% |
| Operating profit (loss) | 9901 | €246,879 | €183,599 | -€63,280 | -25.6% |
| Financial income | 75/76B | €1,709 | €1 | -€1,709 | -100.0% |
| Recurring financial income | 75 | €1,709 | €1 | -€1,709 | -100.0% |
| Financial charges | 65/66B | €22,629 | €21,123 | -€1,506 | -6.7% |
| Recurring financial charges | 65 | €22,629 | €21,123 | -€1,506 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €225,960 | €162,477 | -€63,483 | -28.1% |
| Income taxes | 67/77 | €65,941 | €49,019 | -€16,922 | -25.7% |
| Profit (loss) for the period | 9904 | €160,019 | €113,458 | -€46,561 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €160,019 | €113,458 | -€46,561 | -29.1% |
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 22 October 2026 via checked.be.