CGMI: 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.
CGMI
Largest movements
- Cash +€296,114
up €296,114 (+139.4%), from €212,449 to €508,563
mainly Net result for the year (+€294,744) and Trade debts (+€1,371)
- Profit (loss) carried forward +€294,744
up €294,744 (+101.2%), from €291,266 to €586,010
- Gross operating margin +€3,720
up €3,720 (+53.3%), from -€6,975 to -€3,256
- Financial income +€2,212
up €2,212 (+0.7%), from €295,968 to €298,180
- Other operating charges -€250
no longer reported in 2026 (was €250)
- Financial charges -€163
down €163 (-47.5%), from €343 to €180
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,094,509 | €9,390,624 | +€296,114 | +3.3% |
| Fixed assets | 21/28 | €8,794,014 | €8,794,014 | = | 0.0% |
| Financial fixed assets | 28 | €8,794,014 | €8,794,014 | = | 0.0% |
| Current assets | 29/58 | €300,495 | €596,610 | +€296,114 | +98.5% |
| Amounts receivable within one year | 40/41 | €88,047 | €88,047 | = | 0.0% |
| Other amounts receivable | 41 | €88,047 | €88,047 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €212,449 | €508,563 | +€296,114 | +139.4% |
| Total equity and liabilities | 10/49 | €9,094,509 | €9,390,624 | +€296,114 | +3.3% |
| Equity | 10/15 | €9,093,280 | €9,388,024 | +€294,744 | +3.2% |
| Contributions | 10/11 | €8,802,014 | €8,802,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,266 | €586,010 | +€294,744 | +101.2% |
| Amounts payable | 17/49 | €1,229 | €2,600 | +€1,371 | +111.5% |
| Amounts payable within one year | 42/48 | €1,229 | €2,600 | +€1,371 | +111.5% |
| Trade debts | 44 | €1,229 | €2,600 | +€1,371 | +111.5% |
| Suppliers | 440/4 | €1,229 | €2,600 | +€1,371 | +111.5% |
| Other operating charges | 640/8 | €250 | - | -€250 | |
| Gross operating margin | 9900 | -€6,975 | -€3,256 | +€3,720 | +53.3% |
| Operating profit (loss) | 9901 | -€7,225 | -€3,256 | +€3,970 | +54.9% |
| Financial income | 75/76B | €295,968 | €298,180 | +€2,212 | +0.7% |
| Recurring financial income | 75 | €295,968 | €298,180 | +€2,212 | +0.7% |
| Financial charges | 65/66B | €343 | €180 | -€163 | -47.5% |
| Recurring financial charges | 65 | €343 | €180 | -€163 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €288,400 | €294,744 | +€6,344 | +2.2% |
| Income taxes | 67/77 | €66 | - | -€66 | |
| Profit (loss) for the period | 9904 | €288,334 | €294,744 | +€6,410 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €288,334 | €294,744 | +€6,410 | +2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.