CDGN: 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.
CDGN
Largest movements
- Cash +€24,569
up €24,569 (+236.7%), from €10,380 to €34,949
mainly Net result for the year (+€26,202) and Trade debts (+€6,035)
- Receivables within one year +€10,633
up €10,633 (+24.5%), from €43,382 to €54,015
of which Other amounts receivable: +€10,786
- Reserves +€26,100
up €26,100 (+59.2%), from €44,100 to €70,200
- Trade debts +€6,035
up €6,035 (+55.6%), from €10,857 to €16,892
- Tax, wage and social debts +€2,801
up €2,801 (+20.8%), from €13,475 to €16,276
of which Remuneration and social security: +€2,830
- Taxes +€516
up €516 (+4.0%), from €12,930 to €13,446
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 | €73,298 | €108,336 | +€35,038 | +47.8% |
| Fixed assets | 21/28 | €19,536 | €18,890 | -€646 | -3.3% |
| Tangible fixed assets | 22/27 | €1,481 | €835 | -€646 | -43.6% |
| Plant, machinery and equipment | 23 | €599 | €139 | -€460 | -76.8% |
| Other tangible fixed assets | 26 | €882 | €696 | -€186 | -21.1% |
| Financial fixed assets | 28 | €18,055 | €18,055 | = | 0.0% |
| Current assets | 29/58 | €53,762 | €89,446 | +€35,684 | +66.4% |
| Amounts receivable within one year | 40/41 | €43,382 | €54,015 | +€10,633 | +24.5% |
| Trade receivables | 40 | €153 | - | -€153 | |
| Other amounts receivable | 41 | €43,229 | €54,015 | +€10,786 | +25.0% |
| Cash at bank and in hand | 54/58 | €10,380 | €34,949 | +€24,569 | +236.7% |
| Deferred charges and accrued income | 490/1 | - | €482 | +€482 | |
| Total equity and liabilities | 10/49 | €73,298 | €108,336 | +€35,038 | +47.8% |
| Equity | 10/15 | €48,967 | €75,168 | +€26,202 | +53.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €44,100 | €70,200 | +€26,100 | +59.2% |
| Distributable reserves | 133 | €44,100 | €70,200 | +€26,100 | +59.2% |
| Profit (loss) carried forward | 14 | €867 | €968 | +€102 | +11.7% |
| Amounts payable | 17/49 | €24,331 | €33,168 | +€8,837 | +36.3% |
| Amounts payable within one year | 42/48 | €24,331 | €33,168 | +€8,837 | +36.3% |
| Trade debts | 44 | €10,857 | €16,892 | +€6,035 | +55.6% |
| Suppliers | 440/4 | €10,857 | €16,892 | +€6,035 | +55.6% |
| Taxes, remuneration and social security | 45 | €13,475 | €16,276 | +€2,801 | +20.8% |
| Taxes | 450/3 | €13,475 | €13,446 | -€29 | -0.2% |
| Remuneration and social security | 454/9 | - | €2,830 | +€2,830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €646 | €646 | = | 0.0% |
| Other operating charges | 640/8 | €227 | €614 | +€387 | +170.6% |
| Gross operating margin | 9900 | €41,182 | €40,982 | -€201 | -0.5% |
| Operating profit (loss) | 9901 | €40,310 | €39,722 | -€588 | -1.5% |
| Financial income | 75/76B | €8 | €0 | -€8 | -94.2% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -94.2% |
| Financial charges | 65/66B | €133 | €75 | -€58 | -43.8% |
| Recurring financial charges | 65 | €133 | €75 | -€58 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €40,185 | €39,648 | -€537 | -1.3% |
| Income taxes | 67/77 | €12,930 | €13,446 | +€516 | +4.0% |
| Profit (loss) for the period | 9904 | €27,255 | €26,202 | -€1,054 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,255 | €26,202 | -€1,054 | -3.9% |
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 8 October 2026 via checked.be.