CGP: 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.
CGP
Largest movements
- Receivables within one year +€64,896
up €64,896 (+83.8%), from €77,452 to €142,348
of which Trade receivables: +€68,773
- Cash +€14,089
up €14,089 (+105.5%), from €13,350 to €27,439
mainly Trade debts (+€104,198) and Depreciation (+€31,253)
- Trade debts +€104,198
up €104,198 (+111.4%), from €93,574 to €197,772
- Other debts -€30,526
down €30,526 (-20.7%), from €147,766 to €117,240
- Profit (loss) carried forward +€6,479
up €6,479 (+10.6%), from €61,082 to €67,562
- Tax, wage and social debts -€4,619
down €4,619 (-19.8%), from €23,301 to €18,682
of which Remuneration and social security: -€16,558
- Gross operating margin +€17,946
up €17,946 (+39.1%), from €45,912 to €63,858
- Other operating charges +€12,508
up €12,508 (+225.3%), from €5,551 to €18,059
- Depreciation +€7,278
up €7,278 (+30.4%), from €23,975 to €31,253
- Taxes +€5,016
up €5,016 (+428.6%), from €1,170 to €6,187
- Financial charges +€1,472
up €1,472 (+115.0%), from €1,281 to €2,753
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,576 | €409,109 | +€75,533 | +22.6% |
| Fixed assets | 21/28 | €238,935 | €239,231 | +€297 | +0.1% |
| Intangible fixed assets | 21 | €800 | €550 | -€250 | -31.3% |
| Tangible fixed assets | 22/27 | €238,135 | €238,681 | +€547 | +0.2% |
| Land and buildings | 22 | €191,968 | €178,203 | -€13,764 | -7.2% |
| Plant, machinery and equipment | 23 | €33,678 | €48,782 | +€15,104 | +44.8% |
| Furniture and vehicles | 24 | €716 | €3,417 | +€2,700 | +377.0% |
| Other tangible fixed assets | 26 | €11,772 | €8,279 | -€3,494 | -29.7% |
| Current assets | 29/58 | €94,641 | €169,878 | +€75,237 | +79.5% |
| Stocks and contracts in progress | 3 | €3,500 | - | -€3,500 | |
| Stocks | 30/36 | €3,500 | - | -€3,500 | |
| Amounts receivable within one year | 40/41 | €77,452 | €142,348 | +€64,896 | +83.8% |
| Trade receivables | 40 | €73,564 | €142,337 | +€68,773 | +93.5% |
| Other amounts receivable | 41 | €3,888 | €11 | -€3,877 | -99.7% |
| Cash at bank and in hand | 54/58 | €13,350 | €27,439 | +€14,089 | +105.5% |
| Deferred charges and accrued income | 490/1 | €339 | €91 | -€248 | -73.2% |
| Total equity and liabilities | 10/49 | €333,576 | €409,109 | +€75,533 | +22.6% |
| Equity | 10/15 | €68,936 | €75,415 | +€6,479 | +9.4% |
| Contributions | 10/11 | €7,705 | €7,705 | = | 0.0% |
| Reserves | 13 | €148 | €148 | = | 0.0% |
| Non-distributable reserves | 130/1 | €148 | €148 | = | 0.0% |
| Reserves not available under the articles | 1311 | €148 | €148 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,082 | €67,562 | +€6,479 | +10.6% |
| Amounts payable | 17/49 | €264,640 | €333,694 | +€69,054 | +26.1% |
| Amounts payable within one year | 42/48 | €264,640 | €333,694 | +€69,054 | +26.1% |
| Trade debts | 44 | €93,574 | €197,772 | +€104,198 | +111.4% |
| Suppliers | 440/4 | €93,574 | €197,772 | +€104,198 | +111.4% |
| Taxes, remuneration and social security | 45 | €23,301 | €18,682 | -€4,619 | -19.8% |
| Taxes | 450/3 | €6,451 | €18,391 | +€11,940 | +185.1% |
| Remuneration and social security | 454/9 | €16,850 | €292 | -€16,558 | -98.3% |
| Other amounts payable | 47/48 | €147,766 | €117,240 | -€30,526 | -20.7% |
| Remuneration, social security and pensions | 62 | €161 | €84 | -€76 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,975 | €31,253 | +€7,278 | +30.4% |
| Other operating charges | 640/8 | €5,551 | €18,059 | +€12,508 | +225.3% |
| Gross operating margin | 9900 | €45,912 | €63,858 | +€17,946 | +39.1% |
| Operating profit (loss) | 9901 | €16,225 | €14,461 | -€1,764 | -10.9% |
| Financial income | 75/76B | €2 | €959 | +€957 | +51710.8% |
| Recurring financial income | 75 | €2 | €959 | +€957 | +51710.8% |
| Financial charges | 65/66B | €1,281 | €2,753 | +€1,472 | +115.0% |
| Recurring financial charges | 65 | €1,281 | €2,753 | +€1,472 | +115.0% |
| Profit (loss) for the period before taxes | 9903 | €14,946 | €12,666 | -€2,279 | -15.3% |
| Income taxes | 67/77 | €1,170 | €6,187 | +€5,016 | +428.6% |
| Profit (loss) for the period | 9904 | €13,775 | €6,479 | -€7,296 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,775 | €6,479 | -€7,296 | -53.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.