CG CONSULT: 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 CONSULT
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+345%), from €535,898 to €2.4m
of which Land and buildings: +€1.8m
- Financial fixed assets +€62,000
up €62,000 (+4.6%), from €1.3m to €1.4m
- Debts after one year +€1.7m
up €1.7m (+245%), from €682,284 to €2.4m
- Other debts +€166,533
up €166,533 (+75.5%), from €220,635 to €387,168
- Current portion of long-term debt +€52,630
up €52,630 (+42.8%), from €123,099 to €175,730
- Tax, wage and social debts -€47,000
down €47,000 (-87.2%), from €53,891 to €6,891
of which Taxes: -€49,136
- Accrued charges and deferred income +€41,790
up €41,790 (+599%), from €6,977 to €48,767
- Depreciation +€277,184
up €277,184 (+665%), from €41,658 to €318,842
- Gross operating margin +€100,990
up €100,990 (+43.3%), from €233,087 to €334,077
- Financial income +€70,518
up €70,518 (+2,997%), from €2,353 to €72,871
- Taxes -€47,645
down €47,645 (-99.7%), from €47,807 to €162
- Other operating charges +€18,307
up €18,307 (+121%), from €15,141 to €33,448
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 | €2,046,124 | €3,967,684 | +€1.9m | +93.9% |
| Fixed assets | 21/28 | €1,878,398 | €3,787,535 | +€1.9m | +102% |
| Tangible fixed assets | 22/27 | €535,898 | €2,383,035 | +€1.8m | +345% |
| Land and buildings | 22 | €504,656 | €2,345,497 | +€1.8m | +365% |
| Plant, machinery and equipment | 23 | €29,934 | €26,734 | -€3,200 | -10.7% |
| Furniture and vehicles | 24 | €1,308 | €10,805 | +€9,497 | +726% |
| Financial fixed assets | 28 | €1,342,500 | €1,404,500 | +€62,000 | +4.6% |
| Current assets | 29/58 | €167,726 | €180,148 | +€12,422 | +7.4% |
| Amounts receivable within one year | 40/41 | €145,107 | €122,587 | -€22,520 | -15.5% |
| Trade receivables | 40 | €96,644 | €41,187 | -€55,457 | -57.4% |
| Other amounts receivable | 41 | €48,463 | €81,400 | +€32,937 | +68.0% |
| Cash at bank and in hand | 54/58 | €13,422 | €33,882 | +€20,460 | +152% |
| Deferred charges and accrued income | 490/1 | €9,197 | €23,679 | +€14,482 | +157% |
| Total equity and liabilities | 10/49 | €2,046,124 | €3,967,684 | +€1.9m | +93.9% |
| Equity | 10/15 | €883,993 | €889,882 | +€5,888 | +0.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €799,517 | €796,199 | -€3,318 | -0.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €98,657 | €95,339 | -€3,318 | -3.4% |
| Distributable reserves | 133 | €699,000 | €700,860 | +€1,860 | +0.3% |
| Profit (loss) carried forward | 14 | €76,476 | €85,683 | +€9,207 | +12.0% |
| Provisions and deferred taxes | 16 | €46,739 | €45,030 | -€1,709 | -3.7% |
| Deferred taxes | 168 | €46,739 | €45,030 | -€1,709 | -3.7% |
| Amounts payable | 17/49 | €1,115,392 | €3,032,772 | +€1.9m | +172% |
| Amounts payable after more than one year | 17 | €682,284 | €2,353,514 | +€1.7m | +245% |
| Financial debts | 170/4 | €682,284 | €2,353,514 | +€1.7m | +245% |
| Amounts payable within one year | 42/48 | €426,131 | €630,492 | +€204,360 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €123,099 | €175,730 | +€52,630 | +42.8% |
| Trade debts | 44 | €28,506 | €60,703 | +€32,197 | +113% |
| Suppliers | 440/4 | €28,506 | €60,703 | +€32,197 | +113% |
| Taxes, remuneration and social security | 45 | €53,891 | €6,891 | -€47,000 | -87.2% |
| Taxes | 450/3 | €53,891 | €4,755 | -€49,136 | -91.2% |
| Remuneration and social security | 454/9 | - | €2,136 | +€2,136 | |
| Other amounts payable | 47/48 | €220,635 | €387,168 | +€166,533 | +75.5% |
| Accrued charges and deferred income | 492/3 | €6,977 | €48,767 | +€41,790 | +599% |
| Remuneration, social security and pensions | 62 | - | €9,683 | +€9,683 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,658 | €318,842 | +€277,184 | +665% |
| Other operating charges | 640/8 | €15,141 | €33,448 | +€18,307 | +121% |
| Gross operating margin | 9900 | €233,087 | €334,077 | +€100,990 | +43.3% |
| Operating profit (loss) | 9901 | €176,289 | -€27,896 | -€204,184 | |
| Financial income | 75/76B | €2,353 | €72,871 | +€70,518 | +2,997% |
| Recurring financial income | 75 | €2,353 | €72,871 | +€70,518 | +2,997% |
| Financial charges | 65/66B | €23,566 | €40,634 | +€17,068 | +72.4% |
| Recurring financial charges | 65 | €23,566 | €40,634 | +€17,068 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €155,075 | €4,341 | -€150,734 | -97.2% |
| Transfer from deferred taxes | 780 | €1,709 | €1,709 | = | 0.0% |
| Income taxes | 67/77 | €47,807 | €162 | -€47,645 | -99.7% |
| Profit (loss) for the period | 9904 | €108,978 | €5,888 | -€103,089 | -94.6% |
| Transfer from tax-exempt reserves | 789 | €3,318 | €3,318 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €112,296 | €9,207 | -€103,089 | -91.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.