CG Technics: what changed
Two fiscal 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 Technics
Largest movements
- Receivables within one year -€62,450
down €62,450 (-55.9%), from €111,623 to €49,173
of which Trade receivables: -€62,463
- Cash -€29,137
down €29,137 (-74.9%), from €38,918 to €9,781
mainly Trade debts (-€75,222) and Accrued charges and deferred income (-€40,328)
- Tangible fixed assets -€27,717
down €27,717 (-7.5%), from €368,510 to €340,793
of which Furniture and vehicles: -€23,869
- Trade debts -€75,222
down €75,222 (-69.9%), from €107,542 to €32,319
- Accrued charges and deferred income -€40,328
down €40,328 (-100.0%), from €40,328 to €0
- Current portion of long-term debt -€16,512
down €16,512 (-45.6%), from €36,204 to €19,692
- Debts after one year +€7,812
up €7,812 (+2.2%), from €355,932 to €363,744
of which Other amounts payable: +€27,504
- Gross operating margin +€116,055
up €116,055 (+360.2%), from €32,219 to €148,274
- Staff costs +€37,786
up €37,786 (+82.9%), from €45,592 to €83,379
- Depreciation -€8,027
down €8,027 (-16.1%), from €50,012 to €41,985
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 | €560,975 | €437,151 | -€123,824 | -22.1% |
| Fixed assets | 21/28 | €369,510 | €340,793 | -€28,717 | -7.8% |
| Intangible fixed assets | 21 | €1,000 | €0 | -€1,000 | -100.0% |
| Tangible fixed assets | 22/27 | €368,510 | €340,793 | -€27,717 | -7.5% |
| Land and buildings | 22 | €326,453 | €322,456 | -€3,997 | -1.2% |
| Plant, machinery and equipment | 23 | €1,559 | €1,709 | +€150 | +9.6% |
| Furniture and vehicles | 24 | €40,498 | €16,628 | -€23,869 | -58.9% |
| Current assets | 29/58 | €191,465 | €96,358 | -€95,107 | -49.7% |
| Stocks and contracts in progress | 3 | €38,820 | €35,195 | -€3,625 | -9.3% |
| Stocks | 30/36 | €38,820 | €35,195 | -€3,625 | -9.3% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €111,623 | €49,173 | -€62,450 | -55.9% |
| Trade receivables | 40 | €109,910 | €47,447 | -€62,463 | -56.8% |
| Other amounts receivable | 41 | €1,712 | €1,725 | +€13 | +0.8% |
| Cash at bank and in hand | 54/58 | €38,918 | €9,781 | -€29,137 | -74.9% |
| Deferred charges and accrued income | 490/1 | €2,104 | €2,209 | +€105 | +5.0% |
| Total equity and liabilities | 10/49 | €560,975 | €437,151 | -€123,824 | -22.1% |
| Equity | 10/15 | -€17,290 | -€12,312 | +€4,977 | +28.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,189 | €61,189 | = | 0.0% |
| Distributable reserves | 133 | €61,189 | €61,189 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,479 | -€74,502 | +€4,977 | +6.3% |
| Amounts payable | 17/49 | €578,264 | €449,463 | -€128,801 | -22.3% |
| Amounts payable after more than one year | 17 | €355,932 | €363,744 | +€7,812 | +2.2% |
| Financial debts | 170/4 | €319,551 | €299,859 | -€19,692 | -6.2% |
| Other amounts payable | 178/9 | €36,381 | €63,885 | +€27,504 | +75.6% |
| Amounts payable within one year | 42/48 | €182,004 | €85,719 | -€96,284 | -52.9% |
| Current portion of amounts payable after more than one year | 42 | €36,204 | €19,692 | -€16,512 | -45.6% |
| Financial debts | 43 | €25,559 | €25,322 | -€236 | -0.9% |
| Credit institutions | 430/8 | €25,559 | €25,322 | -€236 | -0.9% |
| Trade debts | 44 | €107,542 | €32,319 | -€75,222 | -69.9% |
| Suppliers | 440/4 | €107,542 | €32,319 | -€75,222 | -69.9% |
| Taxes, remuneration and social security | 45 | €12,650 | €8,334 | -€4,316 | -34.1% |
| Taxes | 450/3 | €805 | €170 | -€635 | -78.8% |
| Remuneration and social security | 454/9 | €11,845 | €8,164 | -€3,681 | -31.1% |
| Other amounts payable | 47/48 | €49 | €52 | +€3 | +5.1% |
| Accrued charges and deferred income | 492/3 | €40,328 | €0 | -€40,328 | -100.0% |
| Remuneration, social security and pensions | 62 | €45,592 | €83,379 | +€37,786 | +82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,012 | €41,985 | -€8,027 | -16.1% |
| Other operating charges | 640/8 | €1,217 | €2,674 | +€1,457 | +119.7% |
| Gross operating margin | 9900 | €32,219 | €148,274 | +€116,055 | +360.2% |
| Operating profit (loss) | 9901 | -€64,602 | €20,237 | +€84,839 | |
| Financial income | 75/76B | €969 | €811 | -€158 | -16.3% |
| Recurring financial income | 75 | €969 | €811 | -€158 | -16.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €15,545 | €15,867 | +€321 | +2.1% |
| Recurring financial charges | 65 | €15,545 | €15,867 | +€321 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€79,178 | €5,181 | +€84,359 | |
| Income taxes | 67/77 | €301 | €204 | -€97 | -32.2% |
| Profit (loss) for the period | 9904 | -€79,479 | €4,977 | +€84,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,479 | €4,977 | +€84,456 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.