CM-CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 04-07-2026, 27 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €89,000 and €280,000.
Balance sheet
balance sheet total €155,498 on 31-12-2025in euro
in euro
Position in the sector
77.0%
Higher than 83% of 1,245 companies in 2025.
3.75
Higher than 79% of 1,226 companies in 2025.
16.3%
Higher than 85% of 1,244 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
155,498 | 177,301 | 149,302 | 128,622 | 128,564 | 105,722 | 111,702 | 140,365 | 104,198 | |
21/28 |
21,413 | 33,614 | 46,323 | 58,401 | 7,424 | 21,076 | 36,942 | 59,949 | 69,075 | |
22/27 |
21,413 | 33,614 | 46,323 | 58,401 | 7,424 | 21,076 | 36,942 | 59,949 | 69,075 | |
23 |
3,210 | 5,293 | 7,885 | 9,847 | 3,171 | 5,430 | 8,203 | 14,067 | 21,958 | |
24 |
18,203 | 28,320 | 38,437 | 48,554 | 4,253 | 15,645 | 28,739 | 45,882 | 47,117 | |
29/58 |
134,085 | 143,687 | 102,980 | 70,220 | 121,140 | 84,646 | 74,761 | 80,416 | 35,123 | |
3 |
8,651 | 4,350 | 5,975 | 17,265 | 9,932 | 10,239 | 1,798 | 28,222 | 2,832 | |
30/36 |
8,651 | 4,350 | 5,975 | 5,265 | 9,932 | 10,239 | 1,798 | 1,905 | 2,832 | |
37 |
- | - | - | 12,000 | - | - | - | 26,317 | - | |
40/41 |
37,586 | 44,974 | 21,767 | 43,115 | 61,016 | 63,763 | 39,008 | 24,878 | 26,495 | |
40 |
30,875 | 37,380 | 16,227 | 21,643 | 53,702 | 54,070 | 34,338 | 15,115 | 24,889 | |
41 |
6,711 | 7,594 | 5,541 | 21,471 | 7,314 | 9,694 | 4,671 | 9,763 | 1,605 | |
54/58 |
87,847 | 94,363 | 75,237 | 9,841 | 50,192 | 10,644 | 33,954 | 27,316 | 5,796 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
155,498 | 177,301 | 149,302 | 128,622 | 128,564 | 105,722 | 111,702 | 140,365 | 104,198 | |
10/15 |
119,777 | 102,594 | 102,399 | 82,223 | 59,561 | 53,067 | 46,544 | 37,150 | 20,185 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
10 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
101,177 | 83,994 | 83,799 | 63,623 | 40,961 | 34,467 | 27,944 | 18,550 | 1,585 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,585 | |
133 |
99,317 | 82,134 | 81,939 | 61,763 | 39,101 | 32,607 | 26,084 | 16,690 | - | |
17/49 |
35,721 | 74,707 | 46,903 | 46,399 | 69,003 | 52,655 | 65,159 | 103,214 | 84,012 | |
17 |
- | - | - | - | - | - | - | 4,229 | 12,612 | |
170/4 |
- | - | - | - | - | - | - | 4,229 | 12,612 | |
42/48 |
35,721 | 74,707 | 46,903 | 46,399 | 69,003 | 52,655 | 65,159 | 98,985 | 71,400 | |
42 |
- | - | - | - | - | - | 4,229 | 8,383 | 8,283 | |
44 |
3,704 | 8,373 | 5,318 | 6,959 | 28,562 | 9,544 | 9,653 | 27,958 | 2,809 | |
440/4 |
3,704 | 8,373 | 5,318 | 6,959 | 28,562 | 9,544 | 9,653 | 27,958 | 2,809 | |
46 |
- | 2,000 | 2,000 | - | - | - | - | - | - | |
45 |
11,870 | 21,396 | 17,583 | 12,694 | 9,981 | 5,162 | 6,164 | 9,875 | 2,102 | |
450/3 |
11,870 | 21,396 | 17,583 | 12,694 | 9,981 | 5,162 | 6,164 | 9,875 | 2,102 | |
47/48 |
20,147 | 42,938 | 22,002 | 26,746 | 30,459 | 37,949 | 45,112 | 52,768 | 58,206 | |
| Income statement | ||||||||||
76A |
5,000 | - | 1,653 | - | - | - | - | - | - | |
9900 |
51,744 | 56,067 | 47,069 | 39,719 | 30,974 | 35,673 | 45,390 | 53,664 | 28,560 | |
630 |
12,200 | 12,709 | 12,079 | 5,272 | 15,053 | 20,094 | 26,049 | 25,035 | 21,696 | |
640/8 |
2,451 | 2,143 | 2,164 | 1,935 | 1,819 | 1,825 | 1,472 | 1,678 | 2,406 | |
9901 |
37,093 | 41,216 | 32,826 | 32,512 | 14,102 | 13,755 | 17,869 | 26,951 | 4,459 | |
75/76B |
223 | 30 | 6 | - | 269 | 222 | 24 | 17 | 174 | |
75 |
223 | 30 | 6 | - | 269 | 222 | 24 | 17 | 174 | |
65/66B |
1,120 | 1,571 | 1,325 | 1,260 | 1,378 | 1,647 | 1,655 | 1,085 | 1,225 | |
65 |
1,120 | 1,571 | 1,325 | 1,260 | 1,378 | 1,647 | 1,655 | 1,085 | 1,225 | |
9903 |
36,195 | 39,675 | 31,506 | 31,252 | 12,993 | 12,330 | 16,238 | 25,883 | 3,408 | |
67/77 |
10,789 | 11,731 | 9,730 | 6,991 | 4,899 | 4,207 | 5,221 | 7,318 | 1,823 | |
9904 |
25,407 | 27,944 | 21,776 | 24,262 | 8,094 | 8,123 | 11,017 | 18,565 | 1,585 | |
9905 |
25,407 | 27,944 | 21,776 | 24,262 | 8,094 | 8,123 | 11,017 | 18,565 | 1,585 | |
| Appropriation of the result | ||||||||||
9906 |
25,407 | 27,944 | 21,776 | 24,262 | 8,094 | 8,123 | 11,017 | 18,565 | 1,585 | |
791/2 |
6,523 | 26,084 | - | - | - | - | - | - | - | |
691/2 |
23,707 | 26,278 | 20,176 | 22,662 | 6,494 | 6,523 | 9,393 | 16,965 | 1,585 | |
6920 |
- | - | - | - | - | - | - | 275 | 1,585 | |
6921 |
23,707 | 26,278 | 20,176 | 22,662 | 6,494 | 6,523 | 9,393 | 16,690 | - | |
694/7 |
8,223 | 27,750 | 1,600 | 1,600 | 1,600 | 1,600 | 1,624 | 1,600 | - | |
694 |
8,223 | 27,750 | 1,600 | 1,600 | 1,600 | 1,600 | 1,624 | 1,600 | - | |
| Document | ||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-07-2026 | 2026-00251980 | |
| 31-12-2024 | micro format | 06-07-2025 | 2025-00234665 | |
| 31-12-2023 | micro format | 06-07-2024 | 2024-00216658 | |
| 31-12-2022 | micro format | 14-08-2023 | 2023-00327190 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20328137 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-31000546 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-50500184 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-61000427 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52600415 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 49,293 | 53,925 | 44,905 | 37,784 | 29,154 | 33,849 | 43,918 | 51,986 | 26,155 | ||
| 37,607 | 40,653 | 33,855 | 29,534 | 23,147 | 28,217 | 37,066 | 43,600 | 23,281 | ||
| 0 | 0 | 0 | 56,250 | 1,401 | 4,228 | 3,042 | 15,909 | 90,771 | ||
| -6,516 | 19,126 | 65,397 | -40,351 | 39,548 | -23,310 | 6,638 | 21,520 | - | ||
| 98,364 | 68,980 | 56,076 | 23,821 | 52,137 | 31,992 | 9,602 | -18,569 | -36,277 | ||
| 77.0% | 57.9% | 68.6% | 63.9% | 46.3% | 50.2% | 41.7% | 26.5% | 19.4% | ||
| 3.75 | 1.92 | 2.20 | 1.51 | 1.76 | 1.61 | 1.15 | 0.81 | 0.49 | ||
| 3.51 | 1.87 | 2.07 | 1.14 | 1.61 | 1.41 | 1.12 | 0.53 | 0.45 | ||
| 0.30 | 0.73 | 0.46 | 0.56 | 1.16 | 0.99 | 1.40 | 2.78 | 4.16 | ||
| 21.2% | 27.2% | 21.3% | 29.5% | 13.6% | 15.3% | 23.7% | 50.0% | 7.9% | ||
| 16.3% | 15.8% | 14.6% | 18.9% | 6.3% | 7.7% | 9.9% | 13.2% | 1.5% | ||
| 44.00 | 34.33 | 33.88 | 30.00 | 21.16 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €56,250 | €1,401 |
| €12,200 | €12,709 | €12,079 | €5,272 | €15,053 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CM-CONSTRUCT
The operating result for 2025 is 10% lower than in 2024.
Debt's share of the balance-sheet total falls from 42.1% to 23.0%. Equity is higher and debt is lower.