CG Law: 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 Law
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-18.4%), from €81,414 to €66,414
- Receivables within one year +€3,278
up €3,278 (+25.9%), from €12,656 to €15,934
of which Trade receivables: +€4,674
- Debts after one year -€17,393
down €17,393 (-20.0%), from €86,948 to €69,556
- Profit (loss) carried forward +€7,153
up €7,153 (+559%), from €1,279 to €8,432
- Other debts -€2,812
down €2,812 (-79.1%), from €3,556 to €744
- Current portion of long-term debt +€2,324
up €2,324 (+16.0%), from €14,501 to €16,824
- Trade debts -€2,129
down €2,129 (-82.8%), from €2,572 to €443
- Gross operating margin +€6,552
up €6,552 (+26.0%), from €25,179 to €31,730
- Taxes +€1,299
up €1,299 (+74.1%), from €1,754 to €3,053
- Depreciation -€420
down €420 (-2.2%), from €19,508 to €19,089
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 | €122,531 | €110,165 | -€12,366 | -10.1% |
| Fixed assets | 21/28 | €103,112 | €87,304 | -€15,808 | -15.3% |
| Intangible fixed assets | 21 | €81,414 | €66,414 | -€15,000 | -18.4% |
| Tangible fixed assets | 22/27 | €21,698 | €20,890 | -€808 | -3.7% |
| Plant, machinery and equipment | 23 | €1,680 | €1,099 | -€581 | -34.6% |
| Furniture and vehicles | 24 | €8,442 | €9,767 | +€1,325 | +15.7% |
| Other tangible fixed assets | 26 | €11,575 | €10,024 | -€1,552 | -13.4% |
| Current assets | 29/58 | €19,419 | €22,861 | +€3,441 | +17.7% |
| Amounts receivable within one year | 40/41 | €12,656 | €15,934 | +€3,278 | +25.9% |
| Trade receivables | 40 | €10,826 | €15,500 | +€4,674 | +43.2% |
| Other amounts receivable | 41 | €1,830 | €434 | -€1,396 | -76.3% |
| Cash at bank and in hand | 54/58 | €5,925 | €6,373 | +€448 | +7.6% |
| Deferred charges and accrued income | 490/1 | €838 | €554 | -€284 | -33.9% |
| Total equity and liabilities | 10/49 | €122,531 | €110,165 | -€12,366 | -10.1% |
| Equity | 10/15 | €9,846 | €16,999 | +€7,153 | +72.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,567 | €6,567 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | - | -€200 | |
| Reserves not available under the articles | 1311 | €200 | - | -€200 | |
| Distributable reserves | 133 | €6,367 | €6,567 | +€200 | +3.1% |
| Profit (loss) carried forward | 14 | €1,279 | €8,432 | +€7,153 | +559% |
| Amounts payable | 17/49 | €112,686 | €93,166 | -€19,520 | -17.3% |
| Amounts payable after more than one year | 17 | €86,948 | €69,556 | -€17,393 | -20.0% |
| Financial debts | 170/4 | €86,948 | €69,556 | -€17,393 | -20.0% |
| Amounts payable within one year | 42/48 | €25,737 | €23,587 | -€2,150 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €14,501 | €16,824 | +€2,324 | +16.0% |
| Trade debts | 44 | €2,572 | €443 | -€2,129 | -82.8% |
| Suppliers | 440/4 | €2,572 | €443 | -€2,129 | -82.8% |
| Taxes, remuneration and social security | 45 | €5,108 | €5,575 | +€467 | +9.1% |
| Taxes | 450/3 | €5,108 | €5,575 | +€467 | +9.1% |
| Other amounts payable | 47/48 | €3,556 | €744 | -€2,812 | -79.1% |
| Accrued charges and deferred income | 492/3 | - | €24 | +€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,508 | €19,089 | -€420 | -2.2% |
| Other operating charges | 640/8 | €567 | €625 | +€58 | +10.2% |
| Gross operating margin | 9900 | €25,179 | €31,730 | +€6,552 | +26.0% |
| Operating profit (loss) | 9901 | €5,103 | €12,016 | +€6,913 | +135% |
| Financial income | 75/76B | €8 | €0 | -€8 | -97.4% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -97.4% |
| Financial charges | 65/66B | €2,078 | €1,810 | -€268 | -12.9% |
| Recurring financial charges | 65 | €2,078 | €1,810 | -€268 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,033 | €10,206 | +€7,173 | +237% |
| Income taxes | 67/77 | €1,754 | €3,053 | +€1,299 | +74.1% |
| Profit (loss) for the period | 9904 | €1,279 | €7,153 | +€5,874 | +459% |
| Profit (loss) for the period to be appropriated | 9905 | €1,279 | €7,153 | +€5,874 | +459% |
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 26 October 2026 via checked.be.