CG FIN: 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 FIN
Largest movements
- Current investments -€152,023
down €152,023 (-78.8%), from €192,835 to €40,812
- Intangible fixed assets -€86,414
down €86,414 (-100%), from €86,414 to €0
- Tangible fixed assets -€66,799
down €66,799 (-13.8%), from €482,504 to €415,705
of which Land and buildings: -€36,983
- Cash -€10,116
down €10,116 (-42.6%), from €23,766 to €13,649
mainly Contributions, distributions and other (-€345,365) and Current portion of long-term debt (-€75,701)
- Reserves -€289,518
down €289,518 (-99.3%), from €291,518 to €2,000
of which Distributable reserves: -€289,518
- Other debts +€90,347
up €90,347, from €0 to €90,347
- Current portion of long-term debt -€75,701
down €75,701 (-66.7%), from €113,515 to €37,815
- Debts after one year -€39,017
down €39,017 (-11.6%), from €335,946 to €296,929
- Gross operating margin -€22,158
down €22,158 (-5.3%), from €415,890 to €393,732
- Staff costs +€12,222
up €12,222 (+8.7%), from €140,434 to €152,655
- Taxes -€7,739
down €7,739 (-30.5%), from €25,368 to €17,629
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 | €792,643 | €482,662 | -€309,981 | -39.1% |
| Fixed assets | 21/28 | €568,919 | €415,705 | -€153,214 | -26.9% |
| Intangible fixed assets | 21 | €86,414 | €0 | -€86,414 | -100% |
| Tangible fixed assets | 22/27 | €482,504 | €415,705 | -€66,799 | -13.8% |
| Land and buildings | 22 | €409,739 | €372,756 | -€36,983 | -9.0% |
| Plant, machinery and equipment | 23 | €8,731 | €6,097 | -€2,635 | -30.2% |
| Furniture and vehicles | 24 | €64,034 | €36,852 | -€27,182 | -42.4% |
| Current assets | 29/58 | €223,724 | €66,957 | -€156,767 | -70.1% |
| Amounts receivable within one year | 40/41 | €7,123 | €12,496 | +€5,373 | +75.4% |
| Other amounts receivable | 41 | €7,123 | €12,496 | +€5,373 | +75.4% |
| Current investments | 50/53 | €192,835 | €40,812 | -€152,023 | -78.8% |
| Cash at bank and in hand | 54/58 | €23,766 | €13,649 | -€10,116 | -42.6% |
| Total equity and liabilities | 10/49 | €792,643 | €482,662 | -€309,981 | -39.1% |
| Equity | 10/15 | €311,518 | €22,000 | -€289,518 | -92.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €291,518 | €2,000 | -€289,518 | -99.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €289,518 | €0 | -€289,518 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €481,125 | €460,662 | -€20,463 | -4.3% |
| Amounts payable after more than one year | 17 | €335,946 | €296,929 | -€39,017 | -11.6% |
| Financial debts | 170/4 | €335,946 | €296,929 | -€39,017 | -11.6% |
| Amounts payable within one year | 42/48 | €145,179 | €163,733 | +€18,554 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €113,515 | €37,815 | -€75,701 | -66.7% |
| Trade debts | 44 | €13,263 | €18,081 | +€4,818 | +36.3% |
| Suppliers | 440/4 | €13,263 | €18,081 | +€4,818 | +36.3% |
| Taxes, remuneration and social security | 45 | €18,400 | €17,490 | -€911 | -4.9% |
| Remuneration and social security | 454/9 | €18,400 | €17,490 | -€911 | -4.9% |
| Other amounts payable | 47/48 | €0 | €90,347 | +€90,347 | |
| Remuneration, social security and pensions | 62 | €140,434 | €152,655 | +€12,222 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,406 | €156,789 | +€2,384 | +1.5% |
| Other operating charges | 640/8 | €3,595 | €2,913 | -€681 | -19.0% |
| Gross operating margin | 9900 | €415,890 | €393,732 | -€22,158 | -5.3% |
| Operating profit (loss) | 9901 | €117,456 | €81,373 | -€36,082 | -30.7% |
| Financial income | 75/76B | €1,413 | €1,143 | -€271 | -19.2% |
| Recurring financial income | 75 | €1,413 | €1,143 | -€271 | -19.2% |
| Financial charges | 65/66B | €11,125 | €9,040 | -€2,085 | -18.7% |
| Recurring financial charges | 65 | €11,125 | €9,040 | -€2,085 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €107,744 | €73,476 | -€34,268 | -31.8% |
| Income taxes | 67/77 | €25,368 | €17,629 | -€7,739 | -30.5% |
| Profit (loss) for the period | 9904 | €82,376 | €55,847 | -€26,528 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,376 | €55,847 | -€26,528 | -32.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.