C.G.K.: 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.K.
Largest movements
- Receivables within one year +€17,191
up €17,191 (+148%), from €11,580 to €28,771
of which Other amounts receivable: +€9,341
- Cash +€4,676
up €4,676 (+169%), from €2,767 to €7,443
mainly Net result for the year (+€36,554) and Depreciation (+€1,772)
- Tangible fixed assets -€1,772
down €1,772 (-24.8%), from €7,146 to €5,374
of which Leasing and similar rights: -€7,146
- Profit (loss) carried forward +€21,554
up €21,554, from -€6,299 to €15,255
- Debts after one year -€2,636
down €2,636 (-75.2%), from €3,508 to €871
- Trade debts +€1,498
up €1,498 (+20.0%), from €7,500 to €8,998
- Turnover -€205,924
no longer reported in 2022 (was €205,924)
- Purchases and services -€189,359
no longer reported in 2022 (was €189,359)
- Gross operating margin +€29,540
up €29,540 (+177%), from €16,709 to €46,249
- Depreciation -€5,927
down €5,927 (-77.0%), from €7,699 to €1,772
- Taxes +€4,017
up €4,017 (+224%), from €1,795 to €5,812
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,221 | €42,316 | +€20,095 | +90.4% |
| Fixed assets | 21/28 | €7,875 | €6,102 | -€1,772 | -22.5% |
| Tangible fixed assets | 22/27 | €7,146 | €5,374 | -€1,772 | -24.8% |
| Furniture and vehicles | 24 | - | €5,374 | +€5,374 | |
| Leasing and similar rights | 25 | €7,146 | - | -€7,146 | |
| Financial fixed assets | 28 | €729 | €729 | = | 0.0% |
| Current assets | 29/58 | €14,346 | €36,214 | +€21,867 | +152% |
| Amounts receivable within one year | 40/41 | €11,580 | €28,771 | +€17,191 | +148% |
| Trade receivables | 40 | €3,000 | €10,850 | +€7,850 | +262% |
| Other amounts receivable | 41 | €8,580 | €17,921 | +€9,341 | +109% |
| Cash at bank and in hand | 54/58 | €2,767 | €7,443 | +€4,676 | +169% |
| Total equity and liabilities | 10/49 | €22,221 | €42,316 | +€20,095 | +90.4% |
| Equity | 10/15 | €6,761 | €28,315 | +€21,554 | +319% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,299 | €15,255 | +€21,554 | |
| Amounts payable | 17/49 | €15,460 | €14,001 | -€1,459 | -9.4% |
| Amounts payable after more than one year | 17 | €3,508 | €871 | -€2,636 | -75.2% |
| Financial debts | 170/4 | €3,508 | €871 | -€2,636 | -75.2% |
| Amounts payable within one year | 42/48 | €11,953 | €13,130 | +€1,177 | +9.8% |
| Financial debts | 43 | €822 | €820 | -€2 | -0.3% |
| Credit institutions | 430/8 | €822 | €820 | -€2 | -0.3% |
| Trade debts | 44 | €7,500 | €8,998 | +€1,498 | +20.0% |
| Suppliers | 440/4 | €7,500 | €8,998 | +€1,498 | +20.0% |
| Taxes, remuneration and social security | 45 | €3,432 | €3,312 | -€120 | -3.5% |
| Taxes | 450/3 | €3,432 | €3,312 | -€120 | -3.5% |
| Other amounts payable | 47/48 | €198 | - | -€198 | |
| Turnover | 70 | €205,924 | - | -€205,924 | |
| Goods, raw materials, services and sundry goods | 60/61 | €189,359 | - | -€189,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,699 | €1,772 | -€5,927 | -77.0% |
| Other operating charges | 640/8 | €869 | €808 | -€61 | -7.0% |
| Gross operating margin | 9900 | €16,709 | €46,249 | +€29,540 | +177% |
| Operating profit (loss) | 9901 | €8,141 | €43,668 | +€35,527 | +436% |
| Financial income | 75/76B | €10 | €746 | +€736 | +7,310% |
| Recurring financial income | 75 | €10 | €746 | +€736 | +7,310% |
| Financial charges | 65/66B | €831 | €2,048 | +€1,218 | +147% |
| Recurring financial charges | 65 | €831 | €2,048 | +€1,218 | +147% |
| Profit (loss) for the period before taxes | 9903 | €7,320 | €42,366 | +€35,046 | +479% |
| Income taxes | 67/77 | €1,795 | €5,812 | +€4,017 | +224% |
| Profit (loss) for the period | 9904 | €5,525 | €36,554 | +€31,029 | +562% |
| Profit (loss) for the period to be appropriated | 9905 | €5,525 | €36,554 | +€31,029 | +562% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.