CDGL Consultancy: 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.
CDGL Consultancy
Largest movements
- Cash +€177,975
up €177,975 (+110.8%), from €160,651 to €338,626
mainly Net result for the year (+€96,170) and Current investments (+€70,000)
- Current investments -€70,000
down €70,000 (-16.7%), from €420,000 to €350,000
- Tangible fixed assets -€15,179
down €15,179 (-54.6%), from €27,802 to €12,622
of which Furniture and vehicles: -€15,491
- Reserves +€96,170
up €96,170 (+19.5%), from €492,914 to €589,083
of which Distributable reserves: +€64,595
- Gross operating margin +€20,265
up €20,265 (+16.7%), from €121,562 to €141,826
- Financial income +€12,110
up €12,110 (+824.9%), from €1,468 to €13,578
- Taxes +€7,992
up €7,992 (+29.4%), from €27,178 to €35,170
- Depreciation -€1,527
down €1,527 (-8.6%), from €17,836 to €16,309
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 | €640,429 | €729,389 | +€88,960 | +13.9% |
| Fixed assets | 21/28 | €27,802 | €12,622 | -€15,179 | -54.6% |
| Tangible fixed assets | 22/27 | €27,802 | €12,622 | -€15,179 | -54.6% |
| Plant, machinery and equipment | 23 | €1,006 | €1,318 | +€312 | +31.0% |
| Furniture and vehicles | 24 | €26,795 | €11,304 | -€15,491 | -57.8% |
| Current assets | 29/58 | €612,627 | €716,766 | +€104,139 | +17.0% |
| Amounts receivable within one year | 40/41 | €27,931 | €24,029 | -€3,902 | -14.0% |
| Trade receivables | 40 | €27,931 | €24,029 | -€3,902 | -14.0% |
| Current investments | 50/53 | €420,000 | €350,000 | -€70,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €160,651 | €338,626 | +€177,975 | +110.8% |
| Deferred charges and accrued income | 490/1 | €4,045 | €4,111 | +€66 | +1.6% |
| Total equity and liabilities | 10/49 | €640,429 | €729,389 | +€88,960 | +13.9% |
| Equity | 10/15 | €505,314 | €601,483 | +€96,170 | +19.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €492,914 | €589,083 | +€96,170 | +19.5% |
| Tax-exempt reserves | 132 | - | €31,575 | +€31,575 | |
| Distributable reserves | 133 | €492,914 | €557,508 | +€64,595 | +13.1% |
| Amounts payable | 17/49 | €135,115 | €127,905 | -€7,210 | -5.3% |
| Amounts payable within one year | 42/48 | €135,115 | €127,905 | -€7,210 | -5.3% |
| Trade debts | 44 | €53 | €0 | -€53 | -100.0% |
| Suppliers | 440/4 | €53 | €0 | -€53 | -100.0% |
| Taxes, remuneration and social security | 45 | €39,718 | €33,794 | -€5,923 | -14.9% |
| Taxes | 450/3 | €39,718 | €33,794 | -€5,923 | -14.9% |
| Other amounts payable | 47/48 | €95,344 | €94,111 | -€1,233 | -1.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,836 | €16,309 | -€1,527 | -8.6% |
| Other operating charges | 640/8 | €779 | €1,407 | +€628 | +80.7% |
| Gross operating margin | 9900 | €121,562 | €141,826 | +€20,265 | +16.7% |
| Operating profit (loss) | 9901 | €102,947 | €124,110 | +€21,163 | +20.6% |
| Financial income | 75/76B | €1,468 | €13,578 | +€12,110 | +824.9% |
| Recurring financial income | 75 | €1,468 | €13,578 | +€12,110 | +824.9% |
| Financial charges | 65/66B | €7,339 | €6,349 | -€990 | -13.5% |
| Recurring financial charges | 65 | €7,339 | €6,349 | -€990 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €97,076 | €131,339 | +€34,263 | +35.3% |
| Income taxes | 67/77 | €27,178 | €35,170 | +€7,992 | +29.4% |
| Profit (loss) for the period | 9904 | €69,898 | €96,170 | +€26,272 | +37.6% |
| Transfer to tax-exempt reserves | 689 | - | €31,575 | +€31,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,898 | €64,595 | -€5,303 | -7.6% |
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 4 October 2026 via checked.be.