C.G.S. CORP: what changed
C.G.S. CORP
Largest movements
- Cash +€11,903
up €11,903 (+108%), from €11,064 to €22,967
mainly Trade debts (+€10,495) and Depreciation (+€7,645)
- Tangible fixed assets -€7,210
down €7,210 (-10.7%), from €67,130 to €59,920
- Receivables within one year -€5,325
down €5,325 (-20.8%), from €25,549 to €20,224
of which Other amounts receivable: -€3,068
- Stocks and contracts -€3,789
down €3,789 (-15.6%), from €24,300 to €20,511
- Profit (loss) carried forward -€12,735
down €12,735, from €305 to -€12,430
- Debts after one year -€11,329
down €11,329 (-20.6%), from €54,865 to €43,536
- Trade debts +€10,495
up €10,495 (+223%), from €4,705 to €15,200
- Tax, wage and social debts +€7,627
up €7,627 (+110%), from €6,935 to €14,562
of which Taxes: +€9,617
- Gross operating margin -€10,875
down €10,875 (-19.0%), from €57,133 to €46,258
- Staff costs -€7,450
down €7,450 (-17.2%), from €43,344 to €35,894
- Other operating charges +€6,420
up €6,420 (+244%), from €2,632 to €9,052
- Financial charges +€1,309
up €1,309 (+25.7%), from €5,093 to €6,401
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,453 | €132,032 | -€4,421 | -3.2% |
| Fixed assets | 21/28 | €75,540 | €68,329 | -€7,210 | -9.5% |
| Tangible fixed assets | 22/27 | €67,130 | €59,920 | -€7,210 | -10.7% |
| Plant, machinery and equipment | 23 | €67,130 | €59,920 | -€7,210 | -10.7% |
| Financial fixed assets | 28 | €8,409 | €8,409 | = | 0.0% |
| Current assets | 29/58 | €60,913 | €63,702 | +€2,789 | +4.6% |
| Stocks and contracts in progress | 3 | €24,300 | €20,511 | -€3,789 | -15.6% |
| Stocks | 30/36 | €24,300 | €20,511 | -€3,789 | -15.6% |
| Amounts receivable within one year | 40/41 | €25,549 | €20,224 | -€5,325 | -20.8% |
| Trade receivables | 40 | €2,257 | - | -€2,257 | |
| Other amounts receivable | 41 | €23,292 | €20,224 | -€3,068 | -13.2% |
| Cash at bank and in hand | 54/58 | €11,064 | €22,967 | +€11,903 | +108% |
| Total equity and liabilities | 10/49 | €136,453 | €132,032 | -€4,421 | -3.2% |
| Equity | 10/15 | €7,002 | -€5,733 | -€12,735 | |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €397 | €397 | = | 0.0% |
| Distributable reserves | 133 | €397 | €397 | = | 0.0% |
| Profit (loss) carried forward | 14 | €305 | -€12,430 | -€12,735 | |
| Amounts payable | 17/49 | €129,451 | €137,765 | +€8,314 | +6.4% |
| Amounts payable after more than one year | 17 | €54,865 | €43,536 | -€11,329 | -20.6% |
| Financial debts | 170/4 | €54,865 | €43,536 | -€11,329 | -20.6% |
| Amounts payable within one year | 42/48 | €71,828 | €91,471 | +€19,643 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €10,188 | €11,401 | +€1,214 | +11.9% |
| Financial debts | 43 | - | €308 | +€308 | |
| Credit institutions | 430/8 | - | €308 | +€308 | |
| Trade debts | 44 | €4,705 | €15,200 | +€10,495 | +223% |
| Suppliers | 440/4 | €4,705 | €15,200 | +€10,495 | +223% |
| Taxes, remuneration and social security | 45 | €6,935 | €14,562 | +€7,627 | +110% |
| Taxes | 450/3 | €4,945 | €14,562 | +€9,617 | +194% |
| Remuneration and social security | 454/9 | €1,990 | - | -€1,990 | |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,759 | €2,759 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €43,344 | €35,894 | -€7,450 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,500 | €7,645 | +€145 | +1.9% |
| Other operating charges | 640/8 | €2,632 | €9,052 | +€6,420 | +244% |
| Gross operating margin | 9900 | €57,133 | €46,258 | -€10,875 | -19.0% |
| Operating profit (loss) | 9901 | €3,656 | -€6,334 | -€9,990 | |
| Financial charges | 65/66B | €5,093 | €6,401 | +€1,309 | +25.7% |
| Recurring financial charges | 65 | €5,093 | €6,401 | +€1,309 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,437 | -€12,735 | -€11,298 | -786% |
| Profit (loss) for the period | 9904 | -€1,437 | -€12,735 | -€11,298 | -786% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,437 | -€12,735 | -€11,298 | -786% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.