CG-SOLUTIONS: 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-SOLUTIONS
Largest movements
- Receivables within one year +€125,179
up €125,179 (+32.7%), from €383,226 to €508,405
of which Other amounts receivable: +€130,812
- Cash +€105,335
up €105,335 (+71.0%), from €148,273 to €253,608
mainly Net result for the year (+€209,221) and Depreciation (+€83,307)
- Tangible fixed assets -€44,680
down €44,680 (-21.3%), from €209,832 to €165,152
of which Furniture and vehicles: -€28,131
- Intangible fixed assets -€37,950
down €37,950 (-23.5%), from €161,240 to €123,290
- Receivables after one year -€14,184
down €14,184 (-5.7%), from €246,870 to €232,686
- Reserves +€209,221
up €209,221 (+21.0%), from €997,163 to €1.2m
of which Distributable reserves: +€209,221
- Other debts -€51,926
down €51,926 (-100.0%), from €51,926 to €0
- Trade debts -€42,153
down €42,153 (-92.3%), from €45,649 to €3,497
- Tax, wage and social debts +€23,659
up €23,659 (+57.2%), from €41,336 to €64,995
- Gross operating margin -€86,242
down €86,242 (-18.2%), from €474,146 to €387,904
- Taxes -€32,697
down €32,697 (-25.4%), from €128,645 to €95,948
- Depreciation +€24,618
up €24,618 (+41.9%), from €58,690 to €83,307
- Other operating charges -€18,851
down €18,851 (-87.6%), from €21,507 to €2,656
- Write-downs +€7,085
new in 2025: €7,085
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.
Cash bridge derived
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 | €1,149,442 | €1,287,395 | +€137,953 | +12.0% |
| Fixed assets | 21/28 | €371,073 | €288,443 | -€82,630 | -22.3% |
| Intangible fixed assets | 21 | €161,240 | €123,290 | -€37,950 | -23.5% |
| Tangible fixed assets | 22/27 | €209,832 | €165,152 | -€44,680 | -21.3% |
| Land and buildings | 22 | €61,871 | €53,660 | -€8,211 | -13.3% |
| Plant, machinery and equipment | 23 | €35,801 | €27,463 | -€8,338 | -23.3% |
| Furniture and vehicles | 24 | €112,161 | €84,029 | -€28,131 | -25.1% |
| Current assets | 29/58 | €778,369 | €998,952 | +€220,583 | +28.3% |
| Amounts receivable after more than one year | 29 | €246,870 | €232,686 | -€14,184 | -5.7% |
| Other amounts receivable | 291 | €246,870 | €232,686 | -€14,184 | -5.7% |
| Amounts receivable within one year | 40/41 | €383,226 | €508,405 | +€125,179 | +32.7% |
| Trade receivables | 40 | €272,684 | €267,051 | -€5,633 | -2.1% |
| Other amounts receivable | 41 | €110,543 | €241,355 | +€130,812 | +118.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €148,273 | €253,608 | +€105,335 | +71.0% |
| Deferred charges and accrued income | 490/1 | €0 | €4,253 | +€4,253 | |
| Total equity and liabilities | 10/49 | €1,149,442 | €1,287,395 | +€137,953 | +12.0% |
| Equity | 10/15 | €1,009,563 | €1,218,784 | +€209,221 | +20.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €997,163 | €1,206,384 | +€209,221 | +21.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €997,163 | €1,206,384 | +€209,221 | +21.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €139,879 | €68,611 | -€71,268 | -50.9% |
| Amounts payable within one year | 42/48 | €138,911 | €68,491 | -€70,420 | -50.7% |
| Trade debts | 44 | €45,649 | €3,497 | -€42,153 | -92.3% |
| Suppliers | 440/4 | €45,649 | €3,497 | -€42,153 | -92.3% |
| Taxes, remuneration and social security | 45 | €41,336 | €64,995 | +€23,659 | +57.2% |
| Taxes | 450/3 | €41,336 | €64,995 | +€23,659 | +57.2% |
| Other amounts payable | 47/48 | €51,926 | €0 | -€51,926 | -100.0% |
| Accrued charges and deferred income | 492/3 | €968 | €119 | -€848 | -87.7% |
| Non-recurring operating income | 76A | €58,938 | €0 | -€58,938 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,690 | €83,307 | +€24,618 | +41.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,085 | +€7,085 | |
| Other operating charges | 640/8 | €21,507 | €2,656 | -€18,851 | -87.6% |
| Gross operating margin | 9900 | €474,146 | €387,904 | -€86,242 | -18.2% |
| Operating profit (loss) | 9901 | €393,950 | €294,855 | -€99,094 | -25.2% |
| Financial income | 75/76B | €7,009 | €11,145 | +€4,136 | +59.0% |
| Recurring financial income | 75 | €7,009 | €11,145 | +€4,136 | +59.0% |
| Financial charges | 65/66B | €241 | €831 | +€590 | +244.8% |
| Recurring financial charges | 65 | €241 | €831 | +€590 | +244.8% |
| Profit (loss) for the period before taxes | 9903 | €400,717 | €305,168 | -€95,549 | -23.8% |
| Income taxes | 67/77 | €128,645 | €95,948 | -€32,697 | -25.4% |
| Profit (loss) for the period | 9904 | €272,073 | €209,221 | -€62,852 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €272,073 | €209,221 | -€62,852 | -23.1% |
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 10 October 2026 via checked.be.