CGNI: 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.
CGNI
Largest movements
- Current investments +€36,000
new in 2025: €36,000
- Cash -€29,273
down €29,273 (-39.3%), from €74,508 to €45,235
mainly Current investments (-€36,000) and Tax, wage and social debts (-€15,589)
- Receivables within one year -€5,009
down €5,009 (-30.8%), from €16,281 to €11,271
- Tangible fixed assets +€1,175
up €1,175 (+164%), from €715 to €1,891
of which Other tangible fixed assets: +€1,334
- Tax, wage and social debts -€15,589
down €15,589 (-64.1%), from €24,327 to €8,739
of which Taxes: -€17,857
- Reserves +€13,310
up €13,310 (+21.4%), from €62,242 to €75,552
- Other debts +€4,737
up €4,737 (+177%), from €2,672 to €7,409
- Gross operating margin -€61,080
down €61,080 (-77.5%), from €78,774 to €17,694
- Taxes -€12,420
down €12,420 (-76.4%), from €16,262 to €3,841
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 | €92,869 | €95,817 | +€2,948 | +3.2% |
| Fixed assets | 21/28 | €715 | €1,891 | +€1,175 | +164% |
| Tangible fixed assets | 22/27 | €715 | €1,891 | +€1,175 | +164% |
| Furniture and vehicles | 24 | €715 | €557 | -€159 | -22.2% |
| Other tangible fixed assets | 26 | - | €1,334 | +€1,334 | |
| Current assets | 29/58 | €92,154 | €93,926 | +€1,773 | +1.9% |
| Amounts receivable within one year | 40/41 | €16,281 | €11,271 | -€5,009 | -30.8% |
| Trade receivables | 40 | €16,281 | €11,271 | -€5,009 | -30.8% |
| Current investments | 50/53 | - | €36,000 | +€36,000 | |
| Cash at bank and in hand | 54/58 | €74,508 | €45,235 | -€29,273 | -39.3% |
| Deferred charges and accrued income | 490/1 | €1,365 | €1,420 | +€55 | +4.1% |
| Total equity and liabilities | 10/49 | €92,869 | €95,817 | +€2,948 | +3.2% |
| Equity | 10/15 | €65,242 | €78,552 | +€13,310 | +20.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,242 | €75,552 | +€13,310 | +21.4% |
| Distributable reserves | 133 | €62,242 | €75,552 | +€13,310 | +21.4% |
| Amounts payable | 17/49 | €27,627 | €17,265 | -€10,362 | -37.5% |
| Amounts payable within one year | 42/48 | €27,627 | €17,265 | -€10,362 | -37.5% |
| Trade debts | 44 | €627 | €1,118 | +€491 | +78.3% |
| Suppliers | 440/4 | €627 | €1,118 | +€491 | +78.3% |
| Taxes, remuneration and social security | 45 | €24,327 | €8,739 | -€15,589 | -64.1% |
| Taxes | 450/3 | €24,327 | €6,471 | -€17,857 | -73.4% |
| Remuneration and social security | 454/9 | - | €2,268 | +€2,268 | |
| Other amounts payable | 47/48 | €2,672 | €7,409 | +€4,737 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €325 | +€248 | +321% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €78,774 | €17,694 | -€61,080 | -77.5% |
| Operating profit (loss) | 9901 | €78,697 | €17,249 | -€61,448 | -78.1% |
| Financial charges | 65/66B | €193 | €98 | -€95 | -49.1% |
| Recurring financial charges | 65 | €193 | €98 | -€95 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €78,504 | €17,151 | -€61,353 | -78.2% |
| Income taxes | 67/77 | €16,262 | €3,841 | -€12,420 | -76.4% |
| Profit (loss) for the period | 9904 | €62,242 | €13,310 | -€48,933 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,242 | €13,310 | -€48,933 | -78.6% |
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 13 October 2026 via checked.be.