CDGyneco: what changed
Two financial 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.
CDGyneco
Largest movements
- Intangible fixed assets -€12,500
down €12,500 (-15.0%), from €83,322 to €70,822
- Cash +€9,504
up €9,504 (+2.7%), from €354,988 to €364,492
mainly Net result for the year (+€55,217) and Depreciation (+€16,068)
- Receivables within one year +€7,447
up €7,447 (+33.2%), from €22,447 to €29,894
of which Trade receivables: +€5,276
- Reserves +€55,000
up €55,000 (+15.5%), from €354,000 to €409,000
- Tax, wage and social debts -€38,718
down €38,718 (-59.3%), from €65,346 to €26,628
- Other debts -€9,738
no longer reported in 2025 (was €9,738)
- Gross operating margin -€55,650
down €55,650 (-35.3%), from €157,855 to €102,205
- Taxes -€12,471
down €12,471 (-30.5%), from €40,882 to €28,411
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.
Derived cash bridge
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 | €477,428 | €482,776 | +€5,348 | +1.1% |
| Fixed assets | 21/28 | €92,972 | €79,750 | -€13,222 | -14.2% |
| Intangible fixed assets | 21 | €83,322 | €70,822 | -€12,500 | -15.0% |
| Tangible fixed assets | 22/27 | €9,650 | €8,928 | -€722 | -7.5% |
| Plant, machinery and equipment | 23 | €1,320 | - | -€1,320 | |
| Furniture and vehicles | 24 | €8,330 | €8,928 | +€598 | +7.2% |
| Current assets | 29/58 | €384,456 | €403,026 | +€18,570 | +4.8% |
| Amounts receivable within one year | 40/41 | €22,447 | €29,894 | +€7,447 | +33.2% |
| Trade receivables | 40 | €21,330 | €26,607 | +€5,276 | +24.7% |
| Other amounts receivable | 41 | €1,117 | €3,288 | +€2,171 | +194% |
| Cash at bank and in hand | 54/58 | €354,988 | €364,492 | +€9,504 | +2.7% |
| Deferred charges and accrued income | 490/1 | €7,021 | €8,640 | +€1,619 | +23.1% |
| Total equity and liabilities | 10/49 | €477,428 | €482,776 | +€5,348 | +1.1% |
| Equity | 10/15 | €399,176 | €454,394 | +€55,217 | +13.8% |
| Reserves | 13 | €354,000 | €409,000 | +€55,000 | +15.5% |
| Distributable reserves | 133 | €354,000 | €409,000 | +€55,000 | +15.5% |
| Profit (loss) carried forward | 14 | €45,176 | €45,394 | +€217 | +0.5% |
| Amounts payable | 17/49 | €78,252 | €28,383 | -€49,869 | -63.7% |
| Amounts payable within one year | 42/48 | €78,252 | €28,383 | -€49,869 | -63.7% |
| Trade debts | 44 | €3,168 | €1,755 | -€1,413 | -44.6% |
| Suppliers | 440/4 | €3,168 | €1,755 | -€1,413 | -44.6% |
| Taxes, remuneration and social security | 45 | €65,346 | €26,628 | -€38,718 | -59.3% |
| Taxes | 450/3 | €65,346 | €26,628 | -€38,718 | -59.3% |
| Other amounts payable | 47/48 | €9,738 | - | -€9,738 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,080 | €16,068 | -€12 | -0.1% |
| Other operating charges | 640/8 | €447 | €855 | +€408 | +91.3% |
| Gross operating margin | 9900 | €157,855 | €102,205 | -€55,650 | -35.3% |
| Operating profit (loss) | 9901 | €141,328 | €85,283 | -€56,046 | -39.7% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €1,502 | €1,685 | +€184 | +12.2% |
| Recurring financial charges | 65 | €1,502 | €1,685 | +€184 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €139,826 | €83,628 | -€56,198 | -40.2% |
| Income taxes | 67/77 | €40,882 | €28,411 | -€12,471 | -30.5% |
| Profit (loss) for the period | 9904 | €98,944 | €55,217 | -€43,727 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €98,944 | €55,217 | -€43,727 | -44.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.