CG Capital: 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 Capital
Largest movements
- Receivables after one year -€55,000
down €55,000 (-57.9%), from €95,000 to €40,000
- Cash +€12,743
up €12,743 (+3,569%), from €357 to €13,100
mainly Receivables after one year (+€55,000) and Other debts (+€3,942)
- Receivables within one year +€1,896
up €1,896 (+1,417%), from €134 to €2,030
- Short-term financial debts -€31,162
down €31,162 (-100%), from €31,162 to €0
- Tax, wage and social debts -€6,143
down €6,143 (-44.0%), from €13,960 to €7,818
- Profit (loss) carried forward -€4,245
down €4,245 (-11.7%), from €36,298 to €32,053
- Other debts +€3,942
new in 2025: €3,942
- Debts after one year -€3,032
down €3,032 (-39.4%), from €7,689 to €4,657
- Gross operating margin -€19,354
down €19,354 (-78.9%), from €24,532 to €5,178
- Taxes -€3,234
down €3,234 (-57.7%), from €5,603 to €2,370
- Depreciation -€2,010
down €2,010 (-100%), from €2,010 to €0
- Financial charges +€1,924
up €1,924 (+41.5%), from €4,634 to €6,558
- Other operating charges +€1,228
up €1,228 (+179%), from €685 to €1,913
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 | €95,639 | €56,146 | -€39,493 | -41.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €95,639 | €56,146 | -€39,493 | -41.3% |
| Amounts receivable after more than one year | 29 | €95,000 | €40,000 | -€55,000 | -57.9% |
| Other amounts receivable | 291 | €95,000 | €40,000 | -€55,000 | -57.9% |
| Amounts receivable within one year | 40/41 | €134 | €2,030 | +€1,896 | +1,417% |
| Other amounts receivable | 41 | €134 | €2,030 | +€1,896 | +1,417% |
| Cash at bank and in hand | 54/58 | €357 | €13,100 | +€12,743 | +3,569% |
| Deferred charges and accrued income | 490/1 | €148 | €1,015 | +€867 | +587% |
| Total equity and liabilities | 10/49 | €95,639 | €56,146 | -€39,493 | -41.3% |
| Equity | 10/15 | €37,298 | €33,053 | -€4,245 | -11.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,298 | €32,053 | -€4,245 | -11.7% |
| Amounts payable | 17/49 | €58,340 | €23,092 | -€35,248 | -60.4% |
| Amounts payable after more than one year | 17 | €7,689 | €4,657 | -€3,032 | -39.4% |
| Financial debts | 170/4 | €7,689 | €4,657 | -€3,032 | -39.4% |
| Amounts payable within one year | 42/48 | €50,651 | €18,423 | -€32,228 | -63.6% |
| Current portion of amounts payable after more than one year | 42 | €3,416 | €3,032 | -€384 | -11.2% |
| Financial debts | 43 | €31,162 | €0 | -€31,162 | -100% |
| Credit institutions | 430/8 | €31,162 | €0 | -€31,162 | -100% |
| Trade debts | 44 | €2,113 | €3,632 | +€1,519 | +71.9% |
| Suppliers | 440/4 | €2,113 | €3,632 | +€1,519 | +71.9% |
| Taxes, remuneration and social security | 45 | €13,960 | €7,818 | -€6,143 | -44.0% |
| Taxes | 450/3 | €13,960 | €7,818 | -€6,143 | -44.0% |
| Other amounts payable | 47/48 | - | €3,942 | +€3,942 | |
| Accrued charges and deferred income | 492/3 | €0 | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,010 | €0 | -€2,010 | -100% |
| Other operating charges | 640/8 | €685 | €1,913 | +€1,228 | +179% |
| Gross operating margin | 9900 | €24,532 | €5,178 | -€19,354 | -78.9% |
| Operating profit (loss) | 9901 | €21,837 | €3,264 | -€18,573 | -85.1% |
| Financial income | 75/76B | €2,132 | €1,418 | -€714 | -33.5% |
| Recurring financial income | 75 | €2,132 | €1,418 | -€714 | -33.5% |
| Financial charges | 65/66B | €4,634 | €6,558 | +€1,924 | +41.5% |
| Recurring financial charges | 65 | €4,634 | €6,558 | +€1,924 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €19,335 | -€1,875 | -€21,210 | |
| Income taxes | 67/77 | €5,603 | €2,370 | -€3,234 | -57.7% |
| Profit (loss) for the period | 9904 | €13,731 | -€4,245 | -€17,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,731 | -€4,245 | -€17,976 |
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 24 October 2026 via checked.be.