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CGAE: 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.

What changed

CGAE

BE 0448.633.314
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€238,719
2023 · €236,745+€1,974
Equity
€7.4m
2023 · €7.2m+€238,719
Cash
€768
2023 · €220,821-€220,053
Balance sheet total
€7.5m
2023 · €7.2m+€236,642

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€238,327

    up €238,327 (+10.6%), from €2.2m to €2.5m

  • Cash -€220,053

    down €220,053 (-99.7%), from €220,821 to €768

    mainly Receivables within one year (-€238,327) and Investment in fixed assets (net) (-€216,155)

  • Financial fixed assets +€216,155

    up €216,155 (+61.7%), from €350,071 to €566,226

Equity and liabilities
  • Profit (loss) carried forward +€238,719

    up €238,719 (+99.2%), from -€240,727 to -€2,008

Income statement
  • Gross operating margin +€2,094

    up €2,094 (+33.7%), from -€6,208 to -€4,114

  • Other operating charges -€1,380

    down €1,380 (-58.8%), from €2,348 to €968

  • Financial income -€1,311

    down €1,311 (-0.5%), from €245,438 to €244,127

  • Financial charges +€189

    up €189 (+138.0%), from €137 to €326

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €236,745
Gross operating margin +€2,094
Other operating charges +€1,380
Financial income -€1,311
Financial charges -€189
Result 2024 €238,719

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€3,898
Investment -€216,155
Financing €0
Cash 2023 €220,821
Net result for the year +€238,719
Receivables within one year -€238,327
Deferred charges and accrued income -€2,213
Trade debts -€2,077
Investment in fixed assets (net) -€216,155
Cash 2024 €768
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €7,230,922 €7,467,564 +€236,642 +3.3%
Fixed assets 21/28 €350,071 €566,226 +€216,155 +61.7%
Financial fixed assets 28 €350,071 €566,226 +€216,155 +61.7%
Current assets 29/58 €6,880,851 €6,901,338 +€20,487 +0.3%
Amounts receivable after more than one year 29 €4,420,000 €4,420,000 = 0.0%
Other amounts receivable 291 €4,420,000 €4,420,000 = 0.0%
Amounts receivable within one year 40/41 €2,240,030 €2,478,357 +€238,327 +10.6%
Other amounts receivable 41 €2,240,030 €2,478,357 +€238,327 +10.6%
Cash at bank and in hand 54/58 €220,821 €768 -€220,053 -99.7%
Deferred charges and accrued income 490/1 - €2,213 +€2,213
Total equity and liabilities 10/49 €7,230,922 €7,467,564 +€236,642 +3.3%
Equity 10/15 €7,196,079 €7,434,798 +€238,719 +3.3%
Contributions 10/11 €7,436,806 €7,436,806 = 0.0%
Capital 10 €7,436,806 €7,436,806 = 0.0%
Issued capital 100 €7,436,806 €7,436,806 = 0.0%
Profit (loss) carried forward 14 -€240,727 -€2,008 +€238,719 +99.2%
Amounts payable 17/49 €34,843 €32,766 -€2,077 -6.0%
Amounts payable within one year 42/48 €34,843 €32,766 -€2,077 -6.0%
Trade debts 44 €2,077 - -€2,077
Suppliers 440/4 €2,077 - -€2,077
Other amounts payable 47/48 €32,766 €32,766 = 0.0%
Other operating charges 640/8 €2,348 €968 -€1,380 -58.8%
Gross operating margin 9900 -€6,208 -€4,114 +€2,094 +33.7%
Operating profit (loss) 9901 -€8,556 -€5,082 +€3,474 +40.6%
Financial income 75/76B €245,438 €244,127 -€1,311 -0.5%
Recurring financial income 75 €245,438 €244,127 -€1,311 -0.5%
Financial charges 65/66B €137 €326 +€189 +138.0%
Recurring financial charges 65 €137 €326 +€189 +138.0%
Profit (loss) for the period before taxes 9903 €236,745 €238,719 +€1,974 +0.8%
Profit (loss) for the period 9904 €236,745 €238,719 +€1,974 +0.8%
Profit (loss) for the period to be appropriated 9905 €236,745 €238,719 +€1,974 +0.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.