C.B.M: 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.
What changed
C.B.M
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€24,060
2024 · €32,544-€56,604
Equity
€901,157
2024 · €925,217-€24,060
Cash
€86,390
2024 · €65,390+€21,000
Balance sheet total
€3.9m
2024 · €4.1m-€193,493
Largest movements
Assets
- Tangible fixed assets -€208,349
down €208,349 (-6.3%), from €3.3m to €3.1m
of which Land and buildings: -€202,035
Equity and liabilities
- Debts after one year -€127,839
down €127,839 (-4.6%), from €2.8m to €2.7m
Income statement
- Depreciation +€119,047
up €119,047 (+67.2%), from €177,134 to €296,182
- Gross operating margin +€61,198
up €61,198 (+20.4%), from €299,383 to €360,581
- Other operating charges +€9,524
up €9,524 (+34.0%), from €27,997 to €37,522
- Taxes -€8,214
down €8,214 (-96.9%), from €8,480 to €266
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.
Result 2024
€32,544
Gross operating margin
+€61,198
Depreciation
-€119,047
Other operating charges
-€9,524
Financial income
-€1
Financial charges
+€2,557
Taxes
+€8,214
Result 2025
-€24,060
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.
From operations
+€233,968
Investment
-€87,832
Financing
-€125,135
Cash 2024
€65,390
From operations (derived)
+€233,968
Net result for the year
-€24,060
Depreciation
+€296,182
Receivables within one year
+€3,507
Deferred charges and accrued income
+€2,637
Provisions
-€987
Trade debts
+€3,646
Tax, wage and social debts
-€10,957
Other debts
-€36,000
Investment (derived)
-€87,832
Investment in fixed assets (net)
-€87,832
Financing
-€125,135
Debts after one year
-€127,839
Current portion of long-term debt
+€2,704
Cash 2025
€86,390
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,124,138 | €3,930,645 | -€193,493 | -4.7% |
| Fixed assets | 21/28 | €4,046,607 | €3,838,257 | -€208,349 | -5.1% |
| Tangible fixed assets | 22/27 | €3,296,607 | €3,088,257 | -€208,349 | -6.3% |
| Land and buildings | 22 | €3,213,839 | €3,011,804 | -€202,035 | -6.3% |
| Plant, machinery and equipment | 23 | €82,365 | €76,453 | -€5,911 | -7.2% |
| Furniture and vehicles | 24 | €403 | - | -€403 | |
| Financial fixed assets | 28 | €750,000 | €750,000 | = | 0.0% |
| Current assets | 29/58 | €77,531 | €92,387 | +€14,857 | +19.2% |
| Amounts receivable within one year | 40/41 | €8,237 | €4,730 | -€3,507 | -42.6% |
| Trade receivables | 40 | €7,975 | €4,730 | -€3,245 | -40.7% |
| Other amounts receivable | 41 | €262 | - | -€262 | |
| Cash at bank and in hand | 54/58 | €65,390 | €86,390 | +€21,000 | +32.1% |
| Deferred charges and accrued income | 490/1 | €3,904 | €1,267 | -€2,637 | -67.5% |
| Total equity and liabilities | 10/49 | €4,124,138 | €3,930,645 | -€193,493 | -4.7% |
| Equity | 10/15 | €925,217 | €901,157 | -€24,060 | -2.6% |
| Contributions | 10/11 | €611,340 | €611,340 | = | 0.0% |
| Capital | 10 | €611,340 | €611,340 | = | 0.0% |
| Issued capital | 100 | €611,340 | €611,340 | = | 0.0% |
| Reserves | 13 | €313,877 | €289,817 | -€24,060 | -7.7% |
| Non-distributable reserves | 130/1 | €61,134 | €37,074 | -€24,060 | -39.4% |
| Legal reserve | 130 | €61,134 | €37,074 | -€24,060 | -39.4% |
| Tax-exempt reserves | 132 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €252,495 | €252,495 | = | 0.0% |
| Provisions and deferred taxes | 16 | €241,372 | €240,385 | -€987 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €241,372 | €240,385 | -€987 | -0.4% |
| Pensions and similar obligations | 160 | €216,508 | €216,508 | = | 0.0% |
| Environmental obligations | 163 | - | €23,877 | +€23,877 | |
| Other liabilities and charges | 164/5 | €24,864 | - | -€24,864 | |
| Amounts payable | 17/49 | €2,957,548 | €2,789,103 | -€168,446 | -5.7% |
| Amounts payable after more than one year | 17 | €2,781,870 | €2,654,030 | -€127,839 | -4.6% |
| Financial debts | 170/4 | €2,781,870 | €2,654,030 | -€127,839 | -4.6% |
| Amounts payable within one year | 42/48 | €175,679 | €135,073 | -€40,606 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €125,786 | €128,490 | +€2,704 | +2.1% |
| Trade debts | 44 | €2,076 | €5,723 | +€3,646 | +175.6% |
| Suppliers | 440/4 | €2,076 | €5,723 | +€3,646 | +175.6% |
| Taxes, remuneration and social security | 45 | €11,817 | €860 | -€10,957 | -92.7% |
| Taxes | 450/3 | €9,104 | €860 | -€8,244 | -90.6% |
| Remuneration and social security | 454/9 | €2,712 | - | -€2,712 | |
| Other amounts payable | 47/48 | €36,000 | - | -€36,000 | |
| Non-recurring operating income | 76A | - | €97 | +€97 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,134 | €296,182 | +€119,047 | +67.2% |
| Other operating charges | 640/8 | €27,997 | €37,522 | +€9,524 | +34.0% |
| Gross operating margin | 9900 | €299,383 | €360,581 | +€61,198 | +20.4% |
| Operating profit (loss) | 9901 | €94,252 | €26,878 | -€67,374 | -71.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €53,228 | €50,672 | -€2,557 | -4.8% |
| Recurring financial charges | 65 | €53,228 | €50,672 | -€2,557 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €41,024 | -€23,794 | -€64,818 | |
| Income taxes | 67/77 | €8,480 | €266 | -€8,214 | -96.9% |
| Profit (loss) for the period | 9904 | €32,544 | -€24,060 | -€56,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,544 | -€24,060 | -€56,604 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.