CEGANI: 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.
CEGANI
Largest movements
- Cash +€966
up €966 (+95.4%), from €1,013 to €1,979
mainly Other debts (+€2,500) and Depreciation (+€586)
- Formation expenses -€586
down €586 (-100%), from €586 to €0
- Other debts +€2,500
up €2,500 (+100%), from €2,500 to €5,000
- Profit (loss) carried forward -€2,055
down €2,055 (-23.8%), from -€8,616 to -€10,671
- Trade debts -€215
down €215 (-100%), from €215 to €0
- Accrued charges and deferred income +€150
up €150, from €0 to €150
- Gross operating margin -€295
down €295 (-41.1%), from -€718 to -€1,013
- Other operating charges +€219
up €219 (+114%), from €192 to €411
- Depreciation -€139
down €139 (-19.2%), from €725 to €586
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 | €1,599 | €1,979 | +€380 | +23.8% |
| Formation expenses | 20 | €586 | €0 | -€586 | -100% |
| Current assets | 29/58 | €1,013 | €1,979 | +€966 | +95.4% |
| Cash at bank and in hand | 54/58 | €1,013 | €1,979 | +€966 | +95.4% |
| Total equity and liabilities | 10/49 | €1,599 | €1,979 | +€380 | +23.8% |
| Equity | 10/15 | -€1,116 | -€3,171 | -€2,055 | -184% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,616 | -€10,671 | -€2,055 | -23.8% |
| Amounts payable | 17/49 | €2,715 | €5,150 | +€2,435 | +89.7% |
| Amounts payable within one year | 42/48 | €2,715 | €5,000 | +€2,285 | +84.2% |
| Trade debts | 44 | €215 | €0 | -€215 | -100% |
| Suppliers | 440/4 | €215 | €0 | -€215 | -100% |
| Other amounts payable | 47/48 | €2,500 | €5,000 | +€2,500 | +100% |
| Accrued charges and deferred income | 492/3 | €0 | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725 | €586 | -€139 | -19.2% |
| Other operating charges | 640/8 | €192 | €411 | +€219 | +114% |
| Gross operating margin | 9900 | -€718 | -€1,013 | -€295 | -41.1% |
| Operating profit (loss) | 9901 | -€1,635 | -€2,010 | -€375 | -22.9% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,679 | -€2,055 | -€376 | -22.4% |
| Profit (loss) for the period | 9904 | -€1,679 | -€2,055 | -€376 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,679 | -€2,055 | -€376 | -22.4% |
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 13 October 2026 via checked.be.