CEGB: 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.
CEGB
Largest movements
- Intangible fixed assets -€2,778
down €2,778 (-50.0%), from €5,556 to €2,778
- Deferred charges and accrued income +€2,400
up €2,400 (+45.6%), from €5,258 to €7,658
- Trade debts -€5,479
down €5,479 (-49.0%), from €11,189 to €5,709
- Profit (loss) carried forward +€4,551
up €4,551 (+15.3%), from €29,695 to €34,246
- Gross operating margin +€4,741
up €4,741 (+719.5%), from €659 to €5,400
- Other operating charges +€271
new in 2025: €271
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 | €89,097 | €88,168 | -€929 | -1.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €21,769 | €18,991 | -€2,778 | -12.8% |
| Intangible fixed assets | 21 | €5,556 | €2,778 | -€2,778 | -50.0% |
| Financial fixed assets | 28 | €16,213 | €16,213 | = | 0.0% |
| Current assets | 29/58 | €67,328 | €69,177 | +€1,849 | +2.7% |
| Amounts receivable within one year | 40/41 | €55,912 | €55,183 | -€729 | -1.3% |
| Other amounts receivable | 41 | €55,912 | €55,183 | -€729 | -1.3% |
| Cash at bank and in hand | 54/58 | €6,158 | €6,336 | +€178 | +2.9% |
| Deferred charges and accrued income | 490/1 | €5,258 | €7,658 | +€2,400 | +45.6% |
| Total equity and liabilities | 10/49 | €89,097 | €88,168 | -€929 | -1.0% |
| Equity | 10/15 | €59,695 | €64,246 | +€4,551 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,695 | €34,246 | +€4,551 | +15.3% |
| Amounts payable | 17/49 | €29,402 | €23,922 | -€5,479 | -18.6% |
| Amounts payable within one year | 42/48 | €29,402 | €23,922 | -€5,479 | -18.6% |
| Trade debts | 44 | €11,189 | €5,709 | -€5,479 | -49.0% |
| Suppliers | 440/4 | €11,189 | €5,709 | -€5,479 | -49.0% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €18,213 | €18,213 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,778 | €2,778 | = | 0.0% |
| Other operating charges | 640/8 | - | €271 | +€271 | |
| Gross operating margin | 9900 | €659 | €5,400 | +€4,741 | +719.5% |
| Operating profit (loss) | 9901 | -€2,119 | €2,352 | +€4,471 | |
| Financial income | 75/76B | €2,750 | €2,750 | = | 0.0% |
| Recurring financial income | 75 | €2,750 | €2,750 | = | 0.0% |
| Financial charges | 65/66B | €551 | €551 | = | 0.0% |
| Recurring financial charges | 65 | €551 | €551 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €80 | €4,551 | +€4,471 | +5606.0% |
| Profit (loss) for the period | 9904 | €80 | €4,551 | +€4,471 | +5606.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80 | €4,551 | +€4,471 | +5606.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.