Bureau CBMG: 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.
Bureau CBMG
Largest movements
- Tangible fixed assets -€36,203
down €36,203 (-14.9%), from €243,064 to €206,861
of which Furniture and vehicles: -€22,133
- Receivables within one year +€33,268
up €33,268 (+37.0%), from €89,803 to €123,071
of which Other amounts receivable: +€21,506
- Cash +€11,824
up €11,824 (+240,327%), from €5 to €11,829
mainly Other debts (+€122,400) and Net result for the year (+€78,453)
- Intangible fixed assets -€6,200
down €6,200 (-18.2%), from €34,076 to €27,876
- Other debts +€122,400
new in 2025: €122,400
- Debts after one year -€39,231
down €39,231 (-17.2%), from €228,520 to €189,289
- Reserves -€37,000
down €37,000 (-79.1%), from €46,750 to €9,750
- Current portion of long-term debt -€29,535
down €29,535 (-43.0%), from €68,766 to €39,231
- Profit (loss) carried forward -€9,547
down €9,547 (-84.0%), from €11,372 to €1,825
- Gross operating margin +€83,840
up €83,840 (+60.2%), from €139,366 to €223,206
- Depreciation -€28,084
down €28,084 (-38.1%), from €73,694 to €45,609
- Staff costs +€23,578
up €23,578 (+56.4%), from €41,831 to €65,410
- Taxes +€17,329
up €17,329 (+1,010%), from €1,715 to €19,044
- Financial charges -€2,730
down €2,730 (-17.9%), from €15,223 to €12,493
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 | €405,436 | €406,329 | +€893 | +0.2% |
| Fixed assets | 21/28 | €277,140 | €234,737 | -€42,404 | -15.3% |
| Intangible fixed assets | 21 | €34,076 | €27,876 | -€6,200 | -18.2% |
| Tangible fixed assets | 22/27 | €243,064 | €206,861 | -€36,203 | -14.9% |
| Land and buildings | 22 | €157,300 | €148,963 | -€8,336 | -5.3% |
| Furniture and vehicles | 24 | €70,732 | €48,600 | -€22,133 | -31.3% |
| Other tangible fixed assets | 26 | €15,033 | €9,298 | -€5,734 | -38.1% |
| Current assets | 29/58 | €128,296 | €171,592 | +€43,296 | +33.7% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,803 | €123,071 | +€33,268 | +37.0% |
| Trade receivables | 40 | €39,023 | €50,785 | +€11,762 | +30.1% |
| Other amounts receivable | 41 | €50,780 | €72,286 | +€21,506 | +42.4% |
| Cash at bank and in hand | 54/58 | €5 | €11,829 | +€11,824 | +240,327% |
| Deferred charges and accrued income | 490/1 | €13,488 | €11,692 | -€1,795 | -13.3% |
| Total equity and liabilities | 10/49 | €405,436 | €406,329 | +€893 | +0.2% |
| Equity | 10/15 | €60,622 | €14,075 | -€46,547 | -76.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €46,750 | €9,750 | -€37,000 | -79.1% |
| Distributable reserves | 133 | €46,750 | €9,750 | -€37,000 | -79.1% |
| Profit (loss) carried forward | 14 | €11,372 | €1,825 | -€9,547 | -84.0% |
| Amounts payable | 17/49 | €344,814 | €392,254 | +€47,440 | +13.8% |
| Amounts payable after more than one year | 17 | €228,520 | €189,289 | -€39,231 | -17.2% |
| Financial debts | 170/4 | €228,520 | €189,289 | -€39,231 | -17.2% |
| Amounts payable within one year | 42/48 | €116,217 | €202,342 | +€86,125 | +74.1% |
| Current portion of amounts payable after more than one year | 42 | €68,766 | €39,231 | -€29,535 | -43.0% |
| Financial debts | 43 | €9,658 | €366 | -€9,292 | -96.2% |
| Credit institutions | 430/8 | €9,658 | €366 | -€9,292 | -96.2% |
| Trade debts | 44 | €20,209 | €13,529 | -€6,681 | -33.1% |
| Suppliers | 440/4 | €20,209 | €13,529 | -€6,681 | -33.1% |
| Taxes, remuneration and social security | 45 | €17,584 | €26,816 | +€9,232 | +52.5% |
| Taxes | 450/3 | €8,778 | €18,488 | +€9,710 | +111% |
| Remuneration and social security | 454/9 | €8,806 | €8,328 | -€478 | -5.4% |
| Other amounts payable | 47/48 | - | €122,400 | +€122,400 | |
| Accrued charges and deferred income | 492/3 | €77 | €623 | +€546 | +709% |
| Remuneration, social security and pensions | 62 | €41,831 | €65,410 | +€23,578 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,694 | €45,609 | -€28,084 | -38.1% |
| Other operating charges | 640/8 | €1,697 | €2,197 | +€500 | +29.5% |
| Gross operating margin | 9900 | €139,366 | €223,206 | +€83,840 | +60.2% |
| Operating profit (loss) | 9901 | €22,144 | €109,990 | +€87,846 | +397% |
| Financial income | 75/76B | €2,048 | €0 | -€2,048 | -100.0% |
| Recurring financial income | 75 | €2,048 | €0 | -€2,048 | -100.0% |
| Financial charges | 65/66B | €15,223 | €12,493 | -€2,730 | -17.9% |
| Recurring financial charges | 65 | €15,223 | €12,493 | -€2,730 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €8,969 | €97,497 | +€88,528 | +987% |
| Income taxes | 67/77 | €1,715 | €19,044 | +€17,329 | +1,010% |
| Profit (loss) for the period | 9904 | €7,254 | €78,453 | +€71,199 | +982% |
| Profit (loss) for the period to be appropriated | 9905 | €7,254 | €78,453 | +€71,199 | +982% |
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 25 October 2026 via checked.be.