CG and C°: 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.
CG and C°
Largest movements
- Receivables within one year -€16,181
down €16,181 (-31.0%), from €52,132 to €35,951
of which Other amounts receivable: -€16,181
- Cash +€2,725
up €2,725 (+8,045%), from €34 to €2,759
mainly Receivables within one year (+€16,181) and Depreciation (+€2,542)
- Tangible fixed assets -€2,542
down €2,542 (-54.4%), from €4,673 to €2,131
- Reserves -€10,426
down €10,426 (-27.4%), from €38,001 to €27,575
of which Distributable reserves: -€10,426
- Tax, wage and social debts -€4,441
down €4,441 (-90.6%), from €4,901 to €460
- Trade debts -€1,131
down €1,131 (-76.1%), from €1,487 to €356
- Gross operating margin -€4,316
down €4,316 (-125%), from -€3,443 to -€7,758
- Taxes -€3,496
no longer reported in 2022 (was €3,496)
- Financial income -€2,417
no longer reported in 2022 (was €2,417)
- Other operating charges -€1,382
no longer reported in 2022 (was €1,382)
- Depreciation -€1,113
down €1,113 (-30.4%), from €3,655 to €2,542
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,889 | €40,891 | -€15,998 | -28.1% |
| Fixed assets | 21/28 | €4,723 | €2,181 | -€2,542 | -53.8% |
| Tangible fixed assets | 22/27 | €4,673 | €2,131 | -€2,542 | -54.4% |
| Furniture and vehicles | 24 | €4,673 | €2,131 | -€2,542 | -54.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €52,166 | €38,710 | -€13,456 | -25.8% |
| Amounts receivable within one year | 40/41 | €52,132 | €35,951 | -€16,181 | -31.0% |
| Trade receivables | 40 | €10,227 | €10,227 | = | 0.0% |
| Other amounts receivable | 41 | €41,905 | €25,724 | -€16,181 | -38.6% |
| Cash at bank and in hand | 54/58 | €34 | €2,759 | +€2,725 | +8,045% |
| Total equity and liabilities | 10/49 | €56,889 | €40,891 | -€15,998 | -28.1% |
| Equity | 10/15 | €50,501 | €40,075 | -€10,426 | -20.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €38,001 | €27,575 | -€10,426 | -27.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,141 | €25,715 | -€10,426 | -28.8% |
| Amounts payable | 17/49 | €6,388 | €816 | -€5,572 | -87.2% |
| Amounts payable within one year | 42/48 | €6,388 | €816 | -€5,572 | -87.2% |
| Trade debts | 44 | €1,487 | €356 | -€1,131 | -76.1% |
| Suppliers | 440/4 | €1,487 | €356 | -€1,131 | -76.1% |
| Taxes, remuneration and social security | 45 | €4,901 | €460 | -€4,441 | -90.6% |
| Taxes | 450/3 | €4,901 | €460 | -€4,441 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,655 | €2,542 | -€1,113 | -30.4% |
| Other operating charges | 640/8 | €1,382 | - | -€1,382 | |
| Gross operating margin | 9900 | -€3,443 | -€7,758 | -€4,316 | -125% |
| Operating profit (loss) | 9901 | -€8,479 | -€10,300 | -€1,821 | -21.5% |
| Financial income | 75/76B | €2,417 | - | -€2,417 | |
| Recurring financial income | 75 | €2,417 | - | -€2,417 | |
| Financial charges | 65/66B | €99 | €126 | +€27 | +27.3% |
| Recurring financial charges | 65 | €99 | €126 | +€27 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,161 | -€10,426 | -€4,265 | -69.2% |
| Income taxes | 67/77 | €3,496 | - | -€3,496 | |
| Profit (loss) for the period | 9904 | -€9,657 | -€10,426 | -€769 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,657 | -€10,426 | -€769 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.