CGV: 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.
CGV
Largest movements
- Receivables within one year +€8,471
up €8,471 (+83.5%), from €10,151 to €18,622
of which Trade receivables: +€8,417
- Cash +€3,031
up €3,031 (+140.8%), from €2,153 to €5,184
mainly Advances received (+€31,971) and Depreciation (+€2,951)
- Tangible fixed assets -€2,951
down €2,951 (-35.5%), from €8,308 to €5,357
- Deferred charges and accrued income +€976
new in 2025: €976
- Advances received +€31,971
new in 2025: €31,971
- Profit (loss) carried forward -€11,264
new in 2025: -€11,264
- Trade debts -€9,867
down €9,867 (-68.1%), from €14,490 to €4,623
- Tax, wage and social debts -€1,378
down €1,378 (-35.6%), from €3,870 to €2,491
- Gross operating margin -€19,353
down €19,353, from €14,584 to -€4,769
- Other operating charges +€1,678
up €1,678 (+171.6%), from €978 to €2,655
- Depreciation -€1,488
down €1,488 (-33.5%), from €4,439 to €2,951
- Taxes -€833
down €833 (-73.4%), from €1,135 to €301
- Financial charges +€518
up €518 (+295.8%), from €175 to €693
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 | €20,612 | €30,139 | +€9,527 | +46.2% |
| Fixed assets | 21/28 | €8,308 | €5,357 | -€2,951 | -35.5% |
| Tangible fixed assets | 22/27 | €8,308 | €5,357 | -€2,951 | -35.5% |
| Furniture and vehicles | 24 | €8,308 | €5,357 | -€2,951 | -35.5% |
| Current assets | 29/58 | €12,304 | €24,782 | +€12,479 | +101.4% |
| Amounts receivable within one year | 40/41 | €10,151 | €18,622 | +€8,471 | +83.5% |
| Trade receivables | 40 | €6,320 | €14,736 | +€8,417 | +133.2% |
| Other amounts receivable | 41 | €3,831 | €3,886 | +€55 | +1.4% |
| Cash at bank and in hand | 54/58 | €2,153 | €5,184 | +€3,031 | +140.8% |
| Deferred charges and accrued income | 490/1 | - | €976 | +€976 | |
| Total equity and liabilities | 10/49 | €20,612 | €30,139 | +€9,527 | +46.2% |
| Equity | 10/15 | €2,252 | -€9,012 | -€11,264 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €1,752 | €1,752 | = | 0.0% |
| Distributable reserves | 133 | €1,752 | €1,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,264 | -€11,264 | |
| Amounts payable | 17/49 | €18,360 | €39,151 | +€20,791 | +113.2% |
| Amounts payable within one year | 42/48 | €18,360 | €39,085 | +€20,725 | +112.9% |
| Trade debts | 44 | €14,490 | €4,623 | -€9,867 | -68.1% |
| Suppliers | 440/4 | €14,490 | €4,623 | -€9,867 | -68.1% |
| Advances received on contracts in progress | 46 | - | €31,971 | +€31,971 | |
| Taxes, remuneration and social security | 45 | €3,870 | €2,491 | -€1,378 | -35.6% |
| Taxes | 450/3 | €3,870 | €2,491 | -€1,378 | -35.6% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,439 | €2,951 | -€1,488 | -33.5% |
| Other operating charges | 640/8 | €978 | €2,655 | +€1,678 | +171.6% |
| Non-recurring operating charges | 66A | - | €150 | +€150 | |
| Gross operating margin | 9900 | €14,584 | -€4,769 | -€19,353 | |
| Operating profit (loss) | 9901 | €9,167 | -€10,525 | -€19,693 | |
| Financial income | 75/76B | - | €257 | +€257 | |
| Recurring financial income | 75 | - | €257 | +€257 | |
| Financial charges | 65/66B | €175 | €693 | +€518 | +295.8% |
| Recurring financial charges | 65 | €175 | €693 | +€518 | +295.8% |
| Profit (loss) for the period before taxes | 9903 | €8,992 | -€10,962 | -€19,954 | |
| Income taxes | 67/77 | €1,135 | €301 | -€833 | -73.4% |
| Profit (loss) for the period | 9904 | €7,857 | -€11,264 | -€19,121 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,857 | -€11,264 | -€19,121 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.