CG Security: 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 Security
Largest movements
- Current assets +€7,458
up €7,458 (+8.5%), from €87,643 to €95,102
of which Cash: +€18,235
- Profit (loss) carried forward +€9,808
up €9,808 (+78.6%), from €12,471 to €22,279
- Debts within one year -€3,316
down €3,316 (-4.2%), from €79,097 to €75,781
of which Trade debts: -€4,367
- Turnover -€459,763
no longer reported in 2022 (was €459,763)
- Gross operating margin +€5,702
up €5,702 (+65.3%), from €8,726 to €14,428
From the 2021 result to the 2022 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,668 | €98,159 | +€6,491 | +7.1% |
| Fixed assets | 21/28 | €4,025 | €3,058 | -€967 | -24.0% |
| Tangible fixed assets | 22/27 | €3,875 | €2,908 | -€967 | -25.0% |
| Plant, machinery and equipment | 23 | - | €2,908 | +€2,908 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €87,643 | €95,102 | +€7,458 | +8.5% |
| Amounts receivable within one year | 40/41 | €76,088 | €67,429 | -€8,659 | -11.4% |
| Trade receivables | 40 | - | €46,247 | +€46,247 | |
| Other amounts receivable | 41 | - | €21,182 | +€21,182 | |
| Cash at bank and in hand | 54/58 | €7,763 | €25,997 | +€18,235 | +234.9% |
| Deferred charges and accrued income | 490/1 | - | €1,675 | +€1,675 | |
| Total equity and liabilities | 10/49 | €91,668 | €98,159 | +€6,491 | +7.1% |
| Equity | 10/15 | €12,571 | €22,379 | +€9,808 | +78.0% |
| Contributions | 10/11 | €0 | - | = | |
| Issued capital | 100 | - | €1,000 | +€1,000 | |
| Uncalled capital | 101 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €100 | +€100 | |
| Legal reserve | 130 | - | €100 | +€100 | |
| Profit (loss) carried forward | 14 | €12,471 | €22,279 | +€9,808 | +78.6% |
| Amounts payable | 17/49 | €79,097 | €75,781 | -€3,316 | -4.2% |
| Amounts payable within one year | 42/48 | €79,097 | €75,781 | -€3,316 | -4.2% |
| Trade debts | 44 | €76,863 | €72,495 | -€4,367 | -5.7% |
| Suppliers | 440/4 | - | €72,495 | +€72,495 | |
| Taxes, remuneration and social security | 45 | - | €3,285 | +€3,285 | |
| Taxes | 450/3 | - | €2,889 | +€2,889 | |
| Remuneration and social security | 454/9 | - | €396 | +€396 | |
| Turnover | 70 | €459,763 | - | -€459,763 | |
| Non-recurring operating income | 76A | - | €3,030 | +€3,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €967 | +€189 | +24.3% |
| Other operating charges | 640/8 | - | €896 | +€896 | |
| Gross operating margin | 9900 | €8,726 | €14,428 | +€5,702 | +65.3% |
| Operating profit (loss) | 9901 | €6,806 | €12,565 | +€5,759 | +84.6% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | €76 | €88 | +€12 | +15.8% |
| Financial charges | 65/66B | - | €906 | +€906 | |
| Recurring financial charges | 65 | €799 | €906 | +€107 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €6,083 | €11,747 | +€5,663 | +93.1% |
| Income taxes | 67/77 | €2,234 | €2,889 | +€655 | +29.3% |
| Profit (loss) for the period | 9904 | €3,849 | €8,858 | +€5,009 | +130.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,849 | €8,858 | +€5,009 | +130.1% |
Source: filed annual accounts (NBB), financial years ended 31 August 2021 and 31 August 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.