CG ASSURANCES: 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 ASSURANCES
Largest movements
- Cash +€150,569
up €150,569 (+310,324%), from €49 to €150,617
mainly Net result for the year (+€238,520) and Other debts (+€44,245)
- Receivables within one year +€77,644
new in 2024: €77,644
- Financial fixed assets +€72,500
new in 2024: €72,500
- Tangible fixed assets +€6,704
new in 2024: €6,704
- Reserves +€215,490
new in 2024: €215,490
- Other debts +€44,245
up €44,245 (+988%), from €4,478 to €48,723
- Profit (loss) carried forward +€23,030
no longer reported in 2024 (was -€23,030)
- Tax, wage and social debts +€21,549
new in 2024: €21,549
- Trade debts +€3,225
new in 2024: €3,225
- Gross operating margin +€345,507
up €345,507, from -€594 to €344,913
- Taxes +€102,654
new in 2024: €102,654
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.
Derived cash bridge
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 | €49 | €307,587 | +€307,538 | +633,838% |
| Fixed assets | 21/28 | - | €79,204 | +€79,204 | |
| Tangible fixed assets | 22/27 | - | €6,704 | +€6,704 | |
| Furniture and vehicles | 24 | - | €6,704 | +€6,704 | |
| Financial fixed assets | 28 | - | €72,500 | +€72,500 | |
| Current assets | 29/58 | €49 | €228,383 | +€228,335 | +470,599% |
| Amounts receivable within one year | 40/41 | - | €77,644 | +€77,644 | |
| Other amounts receivable | 41 | - | €77,644 | +€77,644 | |
| Cash at bank and in hand | 54/58 | €49 | €150,617 | +€150,569 | +310,324% |
| Deferred charges and accrued income | 490/1 | - | €121 | +€121 | |
| Total equity and liabilities | 10/49 | €49 | €307,587 | +€307,538 | +633,838% |
| Equity | 10/15 | -€4,430 | €234,090 | +€238,520 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €215,490 | +€215,490 | |
| Distributable reserves | 133 | - | €215,490 | +€215,490 | |
| Profit (loss) carried forward | 14 | -€23,030 | - | +€23,030 | |
| Amounts payable | 17/49 | €4,478 | €73,497 | +€69,019 | +1,541% |
| Amounts payable within one year | 42/48 | €4,478 | €73,497 | +€69,019 | +1,541% |
| Trade debts | 44 | - | €3,225 | +€3,225 | |
| Suppliers | 440/4 | - | €3,225 | +€3,225 | |
| Taxes, remuneration and social security | 45 | - | €21,549 | +€21,549 | |
| Taxes | 450/3 | - | €21,549 | +€21,549 | |
| Other amounts payable | 47/48 | €4,478 | €48,723 | +€44,245 | +988% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €559 | +€559 | |
| Other operating charges | 640/8 | €384 | €530 | +€145 | +37.8% |
| Gross operating margin | 9900 | -€594 | €344,913 | +€345,507 | |
| Operating profit (loss) | 9901 | -€978 | €343,825 | +€344,803 | |
| Financial charges | 65/66B | €45 | €2,651 | +€2,606 | +5,790% |
| Recurring financial charges | 65 | €45 | €2,651 | +€2,606 | +5,790% |
| Profit (loss) for the period before taxes | 9903 | -€1,023 | €341,174 | +€342,197 | |
| Income taxes | 67/77 | - | €102,654 | +€102,654 | |
| Profit (loss) for the period | 9904 | -€1,023 | €238,520 | +€239,543 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,023 | €238,520 | +€239,543 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.