CGHVB: 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.
CGHVB
Largest movements
- Deferred charges and accrued income +€85,809
up €85,809 (+25.1%), from €341,195 to €427,004
- Accrued charges and deferred income +€76,042
up €76,042 (+25.0%), from €304,583 to €380,625
- Financial income -€364
down €364 (-0.4%), from €86,173 to €85,809
- Gross operating margin +€212
up €212 (+58.9%), from -€360 to -€148
- Financial charges -€210
down €210 (-0.3%), from €76,281 to €76,072
- Taxes +€109
up €109 (+5.0%), from €2,184 to €2,293
- Other operating charges +€31
up €31 (+3.2%), from €968 to €998
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 | €4,975,390 | €5,061,020 | +€85,630 | +1.7% |
| Fixed assets | 21/28 | €4,634,002 | €4,629,002 | -€5,000 | -0.1% |
| Financial fixed assets | 28 | €4,634,002 | €4,629,002 | -€5,000 | -0.1% |
| Current assets | 29/58 | €341,388 | €432,018 | +€90,630 | +26.5% |
| Cash at bank and in hand | 54/58 | €192 | €5,014 | +€4,822 | +2,505% |
| Deferred charges and accrued income | 490/1 | €341,195 | €427,004 | +€85,809 | +25.1% |
| Total equity and liabilities | 10/49 | €4,975,390 | €5,061,020 | +€85,630 | +1.7% |
| Equity | 10/15 | €3,170,123 | €3,176,421 | +€6,298 | +0.2% |
| Contributions | 10/11 | €4,609,225 | €4,609,225 | = | 0.0% |
| Capital | 10 | €4,609,225 | €4,609,225 | = | 0.0% |
| Issued capital | 100 | €4,609,225 | €4,609,225 | = | 0.0% |
| Reserves | 13 | €17,972 | €17,972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,972 | €17,972 | = | 0.0% |
| Legal reserve | 130 | €17,972 | €17,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,457,074 | -€1,450,777 | +€6,298 | +0.4% |
| Amounts payable | 17/49 | €1,805,267 | €1,884,600 | +€79,333 | +4.4% |
| Amounts payable after more than one year | 17 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial debts | 170/4 | €1,500,000 | €1,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €684 | €3,975 | +€3,291 | +481% |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Taxes, remuneration and social security | 45 | €684 | €2,976 | +€2,293 | +335% |
| Taxes | 450/3 | €684 | €2,976 | +€2,293 | +335% |
| Accrued charges and deferred income | 492/3 | €304,583 | €380,625 | +€76,042 | +25.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€360 | -€148 | +€212 | +58.9% |
| Operating profit (loss) | 9901 | -€1,328 | -€1,147 | +€181 | +13.6% |
| Financial income | 75/76B | €86,173 | €85,809 | -€364 | -0.4% |
| Recurring financial income | 75 | €86,173 | €85,809 | -€364 | -0.4% |
| Financial charges | 65/66B | €76,281 | €76,072 | -€210 | -0.3% |
| Recurring financial charges | 65 | €76,281 | €76,072 | -€210 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €8,563 | €8,590 | +€27 | +0.3% |
| Income taxes | 67/77 | €2,184 | €2,293 | +€109 | +5.0% |
| Profit (loss) for the period | 9904 | €6,380 | €6,298 | -€82 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,380 | €6,298 | -€82 | -1.3% |
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 21 October 2026 via checked.be.