CGFB: 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.
CGFB
Largest movements
- Receivables within one year +€6,609
up €6,609 (+87.3%), from €7,572 to €14,181
of which Trade receivables: +€6,591
- Cash +€4,310
up €4,310 (+41.3%), from €10,442 to €14,751
mainly Depreciation (+€21,855) and Net result for the year (+€5,734)
- Profit (loss) carried forward +€5,734
up €5,734, from -€64 to €5,670
- Trade debts -€5,302
down €5,302 (-29.2%), from €18,182 to €12,880
- Other debts +€3,747
up €3,747 (+6.0%), from €62,282 to €66,030
- Debts after one year +€3,656
up €3,656 (+10.9%), from €33,576 to €37,231
- Tax, wage and social debts +€2,118
up €2,118 (+61.3%), from €3,457 to €5,575
- Depreciation +€2,679
up €2,679 (+14.0%), from €19,176 to €21,855
- Gross operating margin +€2,057
up €2,057 (+6.7%), from €30,803 to €32,860
- Financial charges +€819
up €819 (+30.4%), from €2,694 to €3,513
- Taxes +€766
new in 2025: €766
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 | €144,898 | €155,082 | +€10,184 | +7.0% |
| Fixed assets | 21/28 | €126,885 | €126,150 | -€735 | -0.6% |
| Tangible fixed assets | 22/27 | €124,585 | €123,850 | -€735 | -0.6% |
| Land and buildings | 22 | €2,304 | €1,977 | -€327 | -14.2% |
| Plant, machinery and equipment | 23 | €121,476 | €119,662 | -€1,815 | -1.5% |
| Furniture and vehicles | 24 | - | €1,493 | +€1,493 | |
| Other tangible fixed assets | 26 | €804 | €718 | -€86 | -10.6% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €18,014 | €28,932 | +€10,919 | +60.6% |
| Amounts receivable within one year | 40/41 | €7,572 | €14,181 | +€6,609 | +87.3% |
| Trade receivables | 40 | €7,419 | €14,010 | +€6,591 | +88.8% |
| Other amounts receivable | 41 | €153 | €171 | +€18 | +11.7% |
| Cash at bank and in hand | 54/58 | €10,442 | €14,751 | +€4,310 | +41.3% |
| Total equity and liabilities | 10/49 | €144,898 | €155,082 | +€10,184 | +7.0% |
| Equity | 10/15 | €13,936 | €19,670 | +€5,734 | +41.1% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64 | €5,670 | +€5,734 | |
| Amounts payable | 17/49 | €130,962 | €135,413 | +€4,450 | +3.4% |
| Amounts payable after more than one year | 17 | €33,576 | €37,231 | +€3,656 | +10.9% |
| Financial debts | 170/4 | €33,576 | €37,231 | +€3,656 | +10.9% |
| Amounts payable within one year | 42/48 | €97,387 | €98,181 | +€795 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €13,466 | €13,697 | +€232 | +1.7% |
| Trade debts | 44 | €18,182 | €12,880 | -€5,302 | -29.2% |
| Suppliers | 440/4 | €18,182 | €12,880 | -€5,302 | -29.2% |
| Taxes, remuneration and social security | 45 | €3,457 | €5,575 | +€2,118 | +61.3% |
| Taxes | 450/3 | €3,457 | €5,575 | +€2,118 | +61.3% |
| Other amounts payable | 47/48 | €62,282 | €66,030 | +€3,747 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,176 | €21,855 | +€2,679 | +14.0% |
| Other operating charges | 640/8 | €890 | €1,015 | +€125 | +14.0% |
| Gross operating margin | 9900 | €30,803 | €32,860 | +€2,057 | +6.7% |
| Operating profit (loss) | 9901 | €10,736 | €9,990 | -€746 | -7.0% |
| Financial income | 75/76B | €30 | €23 | -€8 | -24.9% |
| Recurring financial income | 75 | €30 | €23 | -€8 | -24.9% |
| Financial charges | 65/66B | €2,694 | €3,513 | +€819 | +30.4% |
| Recurring financial charges | 65 | €2,694 | €3,513 | +€819 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €8,073 | €6,500 | -€1,573 | -19.5% |
| Income taxes | 67/77 | - | €766 | +€766 | |
| Profit (loss) for the period | 9904 | €8,073 | €5,734 | -€2,339 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,073 | €5,734 | -€2,339 | -29.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.