CFGC: 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.
CFGC
Largest movements
- Receivables within one year +€19,267
up €19,267 (+125.0%), from €15,415 to €34,682
- Cash +€6,150
up €6,150 (+52.6%), from €11,694 to €17,844
mainly Net result for the year (+€28,186) and Tax, wage and social debts (+€12,929)
- Tangible fixed assets -€4,345
down €4,345 (-21.9%), from €19,820 to €15,475
- Reserves +€20,000
new in 2024: €20,000
- Other debts -€16,033
down €16,033 (-75.3%), from €21,300 to €5,267
- Tax, wage and social debts +€12,929
up €12,929 (+346.9%), from €3,728 to €16,657
of which Taxes: +€12,229
- Profit (loss) carried forward +€7,353
up €7,353 (+93.8%), from €7,839 to €15,192
- Trade debts -€4,061
down €4,061 (-73.5%), from €5,527 to €1,466
of which Suppliers: -€5,425
- Gross operating margin +€27,337
up €27,337 (+196.2%), from €13,936 to €41,273
- Taxes +€5,375
up €5,375 (+223.0%), from €2,411 to €7,786
- Depreciation +€2,440
up €2,440 (+128.1%), from €1,905 to €4,345
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,394 | €69,472 | +€21,078 | +43.6% |
| Fixed assets | 21/28 | €20,220 | €15,875 | -€4,345 | -21.5% |
| Tangible fixed assets | 22/27 | €19,820 | €15,475 | -€4,345 | -21.9% |
| Furniture and vehicles | 24 | €19,820 | €15,475 | -€4,345 | -21.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €28,174 | €53,597 | +€25,423 | +90.2% |
| Amounts receivable within one year | 40/41 | €15,415 | €34,682 | +€19,267 | +125.0% |
| Trade receivables | 40 | €15,415 | €34,682 | +€19,267 | +125.0% |
| Cash at bank and in hand | 54/58 | €11,694 | €17,844 | +€6,150 | +52.6% |
| Deferred charges and accrued income | 490/1 | €1,064 | €1,070 | +€6 | +0.6% |
| Total equity and liabilities | 10/49 | €48,394 | €69,472 | +€21,078 | +43.6% |
| Equity | 10/15 | €17,839 | €45,192 | +€27,353 | +153.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | - | -€10,000 | |
| Share premium | 1100/10 | €10,000 | - | -€10,000 | |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €7,839 | €15,192 | +€7,353 | +93.8% |
| Amounts payable | 17/49 | €30,555 | €24,280 | -€6,275 | -20.5% |
| Amounts payable within one year | 42/48 | €30,555 | €23,390 | -€7,165 | -23.4% |
| Trade debts | 44 | €5,527 | €1,466 | -€4,061 | -73.5% |
| Suppliers | 440/4 | €5,527 | €102 | -€5,425 | -98.1% |
| Bills of exchange payable | 441 | - | €1,364 | +€1,364 | |
| Taxes, remuneration and social security | 45 | €3,728 | €16,657 | +€12,929 | +346.9% |
| Taxes | 450/3 | €3,728 | €15,957 | +€12,229 | +328.1% |
| Remuneration and social security | 454/9 | - | €700 | +€700 | |
| Other amounts payable | 47/48 | €21,300 | €5,267 | -€16,033 | -75.3% |
| Accrued charges and deferred income | 492/3 | - | €890 | +€890 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,905 | €4,345 | +€2,440 | +128.1% |
| Other operating charges | 640/8 | €978 | €907 | -€71 | -7.2% |
| Gross operating margin | 9900 | €13,936 | €41,273 | +€27,337 | +196.2% |
| Operating profit (loss) | 9901 | €11,053 | €36,020 | +€24,967 | +225.9% |
| Financial charges | 65/66B | €4 | €49 | +€45 | +1143.6% |
| Recurring financial charges | 65 | €4 | €49 | +€45 | +1143.6% |
| Profit (loss) for the period before taxes | 9903 | €11,049 | €35,972 | +€24,922 | +225.6% |
| Income taxes | 67/77 | €2,411 | €7,786 | +€5,375 | +223.0% |
| Profit (loss) for the period | 9904 | €8,639 | €28,186 | +€19,547 | +226.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,639 | €28,186 | +€19,547 | +226.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.