CG-IT: 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-IT
Largest movements
- Cash +€26,441
up €26,441 (+569%), from €4,643 to €31,084
mainly Net result for the year (+€33,237) and Current portion of long-term debt (+€11,319)
- Tangible fixed assets +€24,350
up €24,350 (+195%), from €12,469 to €36,820
of which Furniture and vehicles: +€24,173
- Receivables within one year +€13,798
up €13,798 (+109%), from €12,610 to €26,408
of which Trade receivables: +€26,227
- Current investments -€10,003
down €10,003 (-33.3%), from €30,003 to €20,000
- Deferred charges and accrued income -€2,050
down €2,050 (-81.7%), from €2,508 to €458
- Profit (loss) carried forward +€33,237
up €33,237 (+97.1%), from -€34,219 to -€981
- Current portion of long-term debt +€11,319
up €11,319 (+438%), from €2,583 to €13,902
- Debts after one year +€9,096
up €9,096 (+278%), from €3,278 to €12,374
- Other debts -€9,001
down €9,001 (-30.1%), from €29,884 to €20,882
- Tax, wage and social debts +€7,562
up €7,562 (+5,109%), from €148 to €7,710
- Gross operating margin +€79,367
up €79,367, from -€41,788 to €37,579
- Depreciation -€567
down €567 (-22.8%), from €2,484 to €1,916
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 | €62,631 | €114,770 | +€52,139 | +83.2% |
| Fixed assets | 21/28 | €12,469 | €36,820 | +€24,350 | +195% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,469 | €36,820 | +€24,350 | +195% |
| Land and buildings | 22 | €12,469 | €11,632 | -€837 | -6.7% |
| Plant, machinery and equipment | 23 | €0 | €1,015 | +€1,015 | |
| Furniture and vehicles | 24 | - | €24,173 | +€24,173 | |
| Current assets | 29/58 | €50,162 | €77,950 | +€27,789 | +55.4% |
| Stocks and contracts in progress | 3 | €396 | €0 | -€396 | -100% |
| Stocks | 30/36 | €396 | €0 | -€396 | -100% |
| Amounts receivable within one year | 40/41 | €12,610 | €26,408 | +€13,798 | +109% |
| Trade receivables | 40 | €182 | €26,408 | +€26,227 | +14,450% |
| Other amounts receivable | 41 | €12,429 | €0 | -€12,429 | -100% |
| Current investments | 50/53 | €30,003 | €20,000 | -€10,003 | -33.3% |
| Cash at bank and in hand | 54/58 | €4,643 | €31,084 | +€26,441 | +569% |
| Deferred charges and accrued income | 490/1 | €2,508 | €458 | -€2,050 | -81.7% |
| Total equity and liabilities | 10/49 | €62,631 | €114,770 | +€52,139 | +83.2% |
| Equity | 10/15 | €25,468 | €58,705 | +€33,237 | +131% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,486 | €53,486 | = | 0.0% |
| Distributable reserves | 133 | €53,486 | €53,486 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,219 | -€981 | +€33,237 | +97.1% |
| Amounts payable | 17/49 | €37,163 | €56,065 | +€18,902 | +50.9% |
| Amounts payable after more than one year | 17 | €3,278 | €12,374 | +€9,096 | +278% |
| Financial debts | 170/4 | €3,278 | €12,374 | +€9,096 | +278% |
| Amounts payable within one year | 42/48 | €33,886 | €43,691 | +€9,805 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €2,583 | €13,902 | +€11,319 | +438% |
| Financial debts | 43 | €83 | €212 | +€129 | +155% |
| Credit institutions | 430/8 | €83 | €212 | +€129 | +155% |
| Trade debts | 44 | €856 | €984 | +€129 | +15.0% |
| Suppliers | 440/4 | €856 | €984 | +€129 | +15.0% |
| Advances received on contracts in progress | 46 | €333 | €0 | -€333 | -100% |
| Taxes, remuneration and social security | 45 | €148 | €7,710 | +€7,562 | +5,109% |
| Taxes | 450/3 | €148 | €7,710 | +€7,562 | +5,109% |
| Other amounts payable | 47/48 | €29,884 | €20,882 | -€9,001 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,484 | €1,916 | -€567 | -22.8% |
| Other operating charges | 640/8 | €568 | €525 | -€43 | -7.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€41,788 | €37,579 | +€79,367 | |
| Operating profit (loss) | 9901 | -€44,840 | €35,137 | +€79,977 | |
| Financial income | 75/76B | €251 | €0 | -€251 | -100% |
| Recurring financial income | 75 | €251 | €0 | -€251 | -100% |
| Financial charges | 65/66B | €1,500 | €1,697 | +€197 | +13.1% |
| Recurring financial charges | 65 | €1,500 | €1,697 | +€197 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,088 | €33,440 | +€79,528 | |
| Income taxes | 67/77 | €217 | €202 | -€15 | -6.7% |
| Profit (loss) for the period | 9904 | -€46,305 | €33,237 | +€79,543 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,305 | €33,237 | +€79,543 |
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 14 October 2026 via checked.be.