CGB-CONSTRUCT: 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.
CGB-CONSTRUCT
Largest movements
- Stocks and contracts +€10,456
up €10,456 (+46.1%), from €22,663 to €33,119
- Cash +€3,358
up €3,358 (+2,962%), from €113 to €3,471
mainly Other debts (+€10,773) and Short-term financial debts (+€5,431)
- Tangible fixed assets -€1,183
down €1,183 (-16.5%), from €7,169 to €5,987
of which Land and buildings: -€1,891
- Receivables within one year +€871
up €871 (+7.7%), from €11,384 to €12,255
of which Trade receivables: +€791
- Other debts +€10,773
up €10,773 (+32.2%), from €33,471 to €44,245
- Short-term financial debts +€5,431
up €5,431 (+320%), from €1,699 to €7,130
- Trade debts -€3,661
down €3,661 (-29.6%), from €12,368 to €8,707
- Profit (loss) carried forward +€1,156
up €1,156 (+2.1%), from -€55,941 to -€54,785
- Gross operating margin -€6,758
down €6,758 (-49.8%), from €13,577 to €6,818
- Depreciation +€453
up €453 (+24.1%), from €1,881 to €2,335
- Financial charges -€408
down €408 (-17.3%), from €2,363 to €1,954
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 | €41,513 | €55,018 | +€13,505 | +32.5% |
| Fixed assets | 21/28 | €7,169 | €5,987 | -€1,183 | -16.5% |
| Tangible fixed assets | 22/27 | €7,169 | €5,987 | -€1,183 | -16.5% |
| Land and buildings | 22 | €6,358 | €4,467 | -€1,891 | -29.7% |
| Plant, machinery and equipment | 23 | €811 | €1,520 | +€709 | +87.3% |
| Current assets | 29/58 | €34,344 | €49,031 | +€14,687 | +42.8% |
| Stocks and contracts in progress | 3 | €22,663 | €33,119 | +€10,456 | +46.1% |
| Stocks | 30/36 | €22,663 | €33,119 | +€10,456 | +46.1% |
| Amounts receivable within one year | 40/41 | €11,384 | €12,255 | +€871 | +7.7% |
| Trade receivables | 40 | €11,384 | €12,175 | +€791 | +6.9% |
| Other amounts receivable | 41 | - | €80 | +€80 | |
| Cash at bank and in hand | 54/58 | €113 | €3,471 | +€3,358 | +2,962% |
| Deferred charges and accrued income | 490/1 | €184 | €187 | +€3 | +1.6% |
| Total equity and liabilities | 10/49 | €41,513 | €55,018 | +€13,505 | +32.5% |
| Equity | 10/15 | -€10,292 | -€9,136 | +€1,156 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,050 | €27,050 | = | 0.0% |
| Distributable reserves | 133 | €27,050 | €27,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,941 | -€54,785 | +€1,156 | +2.1% |
| Amounts payable | 17/49 | €51,805 | €64,154 | +€12,349 | +23.8% |
| Amounts payable within one year | 42/48 | €51,805 | €64,154 | +€12,349 | +23.8% |
| Financial debts | 43 | €1,699 | €7,130 | +€5,431 | +320% |
| Credit institutions | 430/8 | €1,699 | €7,130 | +€5,431 | +320% |
| Trade debts | 44 | €12,368 | €8,707 | -€3,661 | -29.6% |
| Suppliers | 440/4 | €12,368 | €8,707 | -€3,661 | -29.6% |
| Taxes, remuneration and social security | 45 | €4,266 | €4,072 | -€194 | -4.6% |
| Taxes | 450/3 | €866 | €2,372 | +€1,506 | +174% |
| Remuneration and social security | 454/9 | €3,400 | €1,700 | -€1,700 | -50.0% |
| Other amounts payable | 47/48 | €33,471 | €44,245 | +€10,773 | +32.2% |
| Remuneration, social security and pensions | 62 | €119 | €149 | +€31 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,881 | €2,335 | +€453 | +24.1% |
| Other operating charges | 640/8 | €1,091 | €1,101 | +€9 | +0.9% |
| Gross operating margin | 9900 | €13,577 | €6,818 | -€6,758 | -49.8% |
| Operating profit (loss) | 9901 | €10,485 | €3,233 | -€7,252 | -69.2% |
| Financial income | 75/76B | €1 | €46 | +€45 | +3,680% |
| Recurring financial income | 75 | €1 | €46 | +€45 | +3,680% |
| Financial charges | 65/66B | €2,363 | €1,954 | -€408 | -17.3% |
| Recurring financial charges | 65 | €2,363 | €1,954 | -€408 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €8,124 | €1,326 | -€6,798 | -83.7% |
| Income taxes | 67/77 | €197 | €170 | -€27 | -13.8% |
| Profit (loss) for the period | 9904 | €7,927 | €1,156 | -€6,771 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,927 | €1,156 | -€6,771 | -85.4% |
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 14 October 2026 via checked.be.