CDG SERVICE & MANAGEMENT: what changed
CDG SERVICE & MANAGEMENT
Largest movements
- Cash -€39,869
down €39,869 (-22.7%), from €175,758 to €135,890
mainly Investment in fixed assets (net) (-€46,127) and Net result for the year (-€1,265)
- Tangible fixed assets +€37,186
up €37,186 (+10.7%), from €348,584 to €385,770
of which Land and buildings: +€37,501
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€11,768
up €11,768 (+2,825%), from €417 to €12,185
- Depreciation -€9,523
down €9,523 (-51.6%), from €18,463 to €8,940
- Other operating charges -€3,730
down €3,730 (-44.8%), from €8,329 to €4,598
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,559 | €522,987 | -€2,572 | -0.5% |
| Fixed assets | 21/28 | €348,584 | €385,770 | +€37,186 | +10.7% |
| Tangible fixed assets | 22/27 | €348,584 | €385,770 | +€37,186 | +10.7% |
| Land and buildings | 22 | €348,210 | €385,711 | +€37,501 | +10.8% |
| Plant, machinery and equipment | 23 | €373 | €59 | -€315 | -84.2% |
| Current assets | 29/58 | €176,975 | €137,217 | -€39,758 | -22.5% |
| Amounts receivable within one year | 40/41 | - | €35 | +€35 | |
| Other amounts receivable | 41 | - | €35 | +€35 | |
| Cash at bank and in hand | 54/58 | €175,758 | €135,890 | -€39,869 | -22.7% |
| Deferred charges and accrued income | 490/1 | €1,217 | €1,292 | +€75 | +6.2% |
| Total equity and liabilities | 10/49 | €525,559 | €522,987 | -€2,572 | -0.5% |
| Equity | 10/15 | €171,122 | €169,857 | -€1,265 | -0.7% |
| Contributions | 10/11 | €45,800 | €45,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,322 | €124,057 | -€1,265 | -1.0% |
| Amounts payable | 17/49 | €354,437 | €353,130 | -€1,307 | -0.4% |
| Amounts payable after more than one year | 17 | €281,933 | €281,933 | = | 0.0% |
| Other amounts payable | 178/9 | €281,933 | €281,933 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,117 | €70,898 | -€1,219 | -1.7% |
| Trade debts | 44 | €1,500 | €1,500 | = | 0.0% |
| Suppliers | 440/4 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €70,617 | €69,398 | -€1,219 | -1.7% |
| Accrued charges and deferred income | 492/3 | €388 | €300 | -€89 | -22.8% |
| Non-recurring operating income | 76A | €704 | - | -€704 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,463 | €8,940 | -€9,523 | -51.6% |
| Other operating charges | 640/8 | €8,329 | €4,598 | -€3,730 | -44.8% |
| Gross operating margin | 9900 | €417 | €12,185 | +€11,768 | +2,825% |
| Operating profit (loss) | 9901 | -€26,375 | -€1,354 | +€25,021 | +94.9% |
| Financial income | 75/76B | €79 | €118 | +€38 | +48.5% |
| Recurring financial income | 75 | €79 | €118 | +€38 | +48.5% |
| Financial charges | 65/66B | €24 | €29 | +€5 | +18.8% |
| Recurring financial charges | 65 | €24 | €29 | +€5 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,320 | -€1,265 | +€25,055 | +95.2% |
| Profit (loss) for the period | 9904 | -€26,320 | -€1,265 | +€25,055 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,320 | -€1,265 | +€25,055 | +95.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.