CG COM: 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 COM
Largest movements
- Cash -€57,490
down €57,490 (-99.7%), from €57,646 to €156
mainly Net result for the year (-€57,574) and Debts after one year (-€16,589)
- Stocks and contracts -€24,741
down €24,741 (-36.9%), from €67,131 to €42,390
- Receivables within one year +€16,082
up €16,082 (+150.1%), from €10,712 to €26,794
of which Other amounts receivable: +€23,336
- Financial fixed assets +€5,160
up €5,160 (+73.7%), from €7,000 to €12,160
- Tangible fixed assets -€2,734
down €2,734 (-26.7%), from €10,245 to €7,511
- Profit (loss) carried forward -€57,574
down €57,574 (-1772.4%), from -€3,248 to -€60,823
- Debts after one year -€16,589
down €16,589 (-46.8%), from €35,464 to €18,875
- Trade debts +€13,737
up €13,737 (+28.5%), from €48,118 to €61,855
of which Suppliers: +€12,874
- Tax, wage and social debts -€5,827
down €5,827 (-16.0%), from €36,386 to €30,560
of which Taxes: -€13,512
- Accrued charges and deferred income +€2,729
up €2,729, from €0 to €2,729
- Staff costs +€14,412
up €14,412 (+36.4%), from €39,577 to €53,989
- Gross operating margin -€11,858
down €11,858 (-47.9%), from €24,751 to €12,893
- Financial charges +€2,811
up €2,811 (+71.1%), from €3,951 to €6,761
- Other operating charges +€2,077
up €2,077 (+154.5%), from €1,344 to €3,421
- Depreciation -€997
down €997 (-19.9%), from €5,007 to €4,010
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 | €153,088 | €89,383 | -€63,704 | -41.6% |
| Fixed assets | 21/28 | €17,245 | €19,671 | +€2,426 | +14.1% |
| Tangible fixed assets | 22/27 | €10,245 | €7,511 | -€2,734 | -26.7% |
| Furniture and vehicles | 24 | €10,245 | €7,511 | -€2,734 | -26.7% |
| Financial fixed assets | 28 | €7,000 | €12,160 | +€5,160 | +73.7% |
| Current assets | 29/58 | €135,843 | €69,712 | -€66,131 | -48.7% |
| Stocks and contracts in progress | 3 | €67,131 | €42,390 | -€24,741 | -36.9% |
| Stocks | 30/36 | €67,131 | €42,390 | -€24,741 | -36.9% |
| Amounts receivable within one year | 40/41 | €10,712 | €26,794 | +€16,082 | +150.1% |
| Trade receivables | 40 | €10,712 | €3,458 | -€7,254 | -67.7% |
| Other amounts receivable | 41 | - | €23,336 | +€23,336 | |
| Cash at bank and in hand | 54/58 | €57,646 | €156 | -€57,490 | -99.7% |
| Deferred charges and accrued income | 490/1 | €353 | €372 | +€19 | +5.3% |
| Total equity and liabilities | 10/49 | €153,088 | €89,383 | -€63,704 | -41.6% |
| Equity | 10/15 | €8,752 | -€48,823 | -€57,574 | |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,248 | -€60,823 | -€57,574 | -1772.4% |
| Amounts payable | 17/49 | €144,336 | €138,206 | -€6,130 | -4.2% |
| Amounts payable after more than one year | 17 | €35,464 | €18,875 | -€16,589 | -46.8% |
| Financial debts | 170/4 | €35,464 | €18,875 | -€16,589 | -46.8% |
| Amounts payable within one year | 42/48 | €108,872 | €116,602 | +€7,730 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €14,536 | €16,589 | +€2,053 | +14.1% |
| Trade debts | 44 | €48,118 | €61,855 | +€13,737 | +28.5% |
| Suppliers | 440/4 | €48,118 | €60,992 | +€12,874 | +26.8% |
| Bills of exchange payable | 441 | - | €863 | +€863 | |
| Taxes, remuneration and social security | 45 | €36,386 | €30,560 | -€5,827 | -16.0% |
| Taxes | 450/3 | €19,379 | €5,866 | -€13,512 | -69.7% |
| Remuneration and social security | 454/9 | €17,008 | €24,694 | +€7,686 | +45.2% |
| Other amounts payable | 47/48 | €9,831 | €7,597 | -€2,234 | -22.7% |
| Accrued charges and deferred income | 492/3 | €0 | €2,729 | +€2,729 | |
| Remuneration, social security and pensions | 62 | €39,577 | €53,989 | +€14,412 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,007 | €4,010 | -€997 | -19.9% |
| Other operating charges | 640/8 | €1,344 | €3,421 | +€2,077 | +154.5% |
| Non-recurring operating charges | 66A | €36 | €1,981 | +€1,946 | +5448.2% |
| Gross operating margin | 9900 | €24,751 | €12,893 | -€11,858 | -47.9% |
| Operating profit (loss) | 9901 | -€21,212 | -€50,507 | -€29,295 | -138.1% |
| Financial charges | 65/66B | €3,951 | €6,761 | +€2,811 | +71.1% |
| Recurring financial charges | 65 | €3,951 | €6,761 | +€2,811 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,163 | -€57,268 | -€32,106 | -127.6% |
| Income taxes | 67/77 | €270 | €306 | +€36 | +13.4% |
| Profit (loss) for the period | 9904 | -€25,432 | -€57,574 | -€32,142 | -126.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,432 | -€57,574 | -€32,142 | -126.4% |
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 11 October 2026 via checked.be.