CDG Corp: what changed
Two fiscal 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.
CDG Corp
Largest movements
- Cash +€9,727
up €9,727 (+28.5%), from €34,104 to €43,831
mainly Net result for the year (+€31,478) and Other debts (+€11,520)
- Deferred charges and accrued income -€5,093
down €5,093 (-30.0%), from €16,998 to €11,906
- Receivables within one year +€1,722
up €1,722 (+14.2%), from €12,100 to €13,822
- Tangible fixed assets +€1,159
up €1,159 (+5.2%), from €22,243 to €23,401
of which Other tangible fixed assets: +€6,343
- Other debts +€11,520
up €11,520 (+22.1%), from €52,229 to €63,749
- Debts after one year -€3,593
down €3,593 (-49.0%), from €7,327 to €3,734
- Tax, wage and social debts -€955
down €955 (-4.9%), from €19,545 to €18,590
- Gross operating margin -€3,424
down €3,424 (-6.8%), from €50,380 to €46,957
- Taxes -€765
down €765 (-8.0%), from €9,539 to €8,775
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.
Cash bridge derived
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 | €85,445 | €92,959 | +€7,514 | +8.8% |
| Fixed assets | 21/28 | €22,243 | €23,401 | +€1,159 | +5.2% |
| Tangible fixed assets | 22/27 | €22,243 | €23,401 | +€1,159 | +5.2% |
| Plant, machinery and equipment | 23 | €29 | €2,014 | +€1,984 | +6729.1% |
| Furniture and vehicles | 24 | €17,020 | €9,851 | -€7,169 | -42.1% |
| Other tangible fixed assets | 26 | €5,193 | €11,536 | +€6,343 | +122.1% |
| Current assets | 29/58 | €63,202 | €69,558 | +€6,356 | +10.1% |
| Amounts receivable within one year | 40/41 | €12,100 | €13,822 | +€1,722 | +14.2% |
| Trade receivables | 40 | €12,100 | €13,822 | +€1,722 | +14.2% |
| Cash at bank and in hand | 54/58 | €34,104 | €43,831 | +€9,727 | +28.5% |
| Deferred charges and accrued income | 490/1 | €16,998 | €11,906 | -€5,093 | -30.0% |
| Total equity and liabilities | 10/49 | €85,445 | €92,959 | +€7,514 | +8.8% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €83,445 | €90,959 | +€7,514 | +9.0% |
| Amounts payable after more than one year | 17 | €7,327 | €3,734 | -€3,593 | -49.0% |
| Financial debts | 170/4 | €7,327 | €3,734 | -€3,593 | -49.0% |
| Amounts payable within one year | 42/48 | €76,118 | €87,226 | +€11,108 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €3,459 | €3,593 | +€135 | +3.9% |
| Trade debts | 44 | €885 | €1,293 | +€408 | +46.1% |
| Suppliers | 440/4 | €885 | €1,293 | +€408 | +46.1% |
| Taxes, remuneration and social security | 45 | €19,545 | €18,590 | -€955 | -4.9% |
| Taxes | 450/3 | €19,545 | €18,590 | -€955 | -4.9% |
| Other amounts payable | 47/48 | €52,229 | €63,749 | +€11,520 | +22.1% |
| Non-recurring operating income | 76A | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,438 | €5,594 | +€156 | +2.9% |
| Other operating charges | 640/8 | €465 | €400 | -€65 | -14.1% |
| Gross operating margin | 9900 | €50,380 | €46,957 | -€3,424 | -6.8% |
| Operating profit (loss) | 9901 | €44,477 | €40,963 | -€3,514 | -7.9% |
| Financial income | 75/76B | €1 | €2 | +€1 | +85.2% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +85.2% |
| Financial charges | 65/66B | €454 | €712 | +€257 | +56.6% |
| Recurring financial charges | 65 | €454 | €712 | +€257 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €44,023 | €40,253 | -€3,770 | -8.6% |
| Income taxes | 67/77 | €9,539 | €8,775 | -€765 | -8.0% |
| Profit (loss) for the period | 9904 | €34,484 | €31,478 | -€3,006 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,484 | €31,478 | -€3,006 | -8.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.