C & G 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 & G Projects
Largest movements
- Tangible fixed assets +€22,749
new in 2025: €22,749
of which Plant, machinery and equipment: +€17,818
- Receivables within one year -€18,383
down €18,383 (-30.2%), from €60,812 to €42,429
of which Trade receivables: -€46,676
- Cash +€1,096
up €1,096 (+4.7%), from €23,407 to €24,503
mainly Receivables within one year (+€18,383) and Net result for the year (+€17,746)
- Deferred charges and accrued income +€1,080
up €1,080 (+82.2%), from €1,314 to €2,394
- Reserves +€17,746
up €17,746 (+41.4%), from €42,907 to €60,653
of which Distributable reserves: +€17,746
- Tax, wage and social debts -€14,706
down €14,706 (-63.9%), from €23,003 to €8,298
- Trade debts +€2,653
up €2,653 (+260%), from €1,022 to €3,674
- Gross operating margin -€33,405
down €33,405 (-50.7%), from €65,853 to €32,448
- Taxes -€7,514
down €7,514 (-47.9%), from €15,679 to €8,165
- Depreciation +€5,800
new in 2025: €5,800
- Financial income +€1,643
new in 2025: €1,643
- Financial charges +€1,389
up €1,389 (+913%), from €152 to €1,541
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 | €85,532 | €92,075 | +€6,543 | +7.6% |
| Fixed assets | 21/28 | - | €22,749 | +€22,749 | |
| Tangible fixed assets | 22/27 | - | €22,749 | +€22,749 | |
| Plant, machinery and equipment | 23 | - | €17,818 | +€17,818 | |
| Furniture and vehicles | 24 | - | €4,931 | +€4,931 | |
| Current assets | 29/58 | €85,532 | €69,326 | -€16,206 | -18.9% |
| Amounts receivable within one year | 40/41 | €60,812 | €42,429 | -€18,383 | -30.2% |
| Trade receivables | 40 | €60,812 | €14,135 | -€46,676 | -76.8% |
| Other amounts receivable | 41 | €0 | €28,294 | +€28,294 | |
| Cash at bank and in hand | 54/58 | €23,407 | €24,503 | +€1,096 | +4.7% |
| Deferred charges and accrued income | 490/1 | €1,314 | €2,394 | +€1,080 | +82.2% |
| Total equity and liabilities | 10/49 | €85,532 | €92,075 | +€6,543 | +7.6% |
| Equity | 10/15 | €61,507 | €79,253 | +€17,746 | +28.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,907 | €60,653 | +€17,746 | +41.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €42,907 | €60,653 | +€17,746 | +41.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,025 | €12,822 | -€11,203 | -46.6% |
| Amounts payable within one year | 42/48 | €24,025 | €12,822 | -€11,203 | -46.6% |
| Trade debts | 44 | €1,022 | €3,674 | +€2,653 | +260% |
| Suppliers | 440/4 | €1,022 | €3,674 | +€2,653 | +260% |
| Advances received on contracts in progress | 46 | - | €850 | +€850 | |
| Taxes, remuneration and social security | 45 | €23,003 | €8,298 | -€14,706 | -63.9% |
| Taxes | 450/3 | €23,003 | €8,298 | -€14,706 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,800 | +€5,800 | |
| Other operating charges | 640/8 | €132 | €840 | +€708 | +538% |
| Gross operating margin | 9900 | €65,853 | €32,448 | -€33,405 | -50.7% |
| Operating profit (loss) | 9901 | €65,721 | €25,808 | -€39,913 | -60.7% |
| Financial income | 75/76B | - | €1,643 | +€1,643 | |
| Recurring financial income | 75 | - | €1,643 | +€1,643 | |
| Financial charges | 65/66B | €152 | €1,541 | +€1,389 | +913% |
| Recurring financial charges | 65 | €152 | €1,541 | +€1,389 | +913% |
| Profit (loss) for the period before taxes | 9903 | €65,569 | €25,910 | -€39,659 | -60.5% |
| Income taxes | 67/77 | €15,679 | €8,165 | -€7,514 | -47.9% |
| Profit (loss) for the period | 9904 | €49,890 | €17,746 | -€32,145 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,890 | €17,746 | -€32,145 | -64.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.