C.C.M.: 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.
C.C.M.
Largest movements
- Cash -€55,674
down €55,674 (-88.9%), from €62,626 to €6,952
mainly Investment in fixed assets (net) (-€47,124) and Advances received (-€19,000)
- Tangible fixed assets +€34,248
up €34,248 (+23.4%), from €146,383 to €180,632
of which Furniture and vehicles: +€39,304
- Current investments +€17,000
up €17,000 (+563.2%), from €3,018 to €20,018
- Deferred charges and accrued income +€4,882
up €4,882 (+666.7%), from €732 to €5,615
- Stocks and contracts +€3,851
up €3,851 (+10.7%), from €35,978 to €39,830
- Reserves +€24,603
up €24,603 (+227.9%), from €10,797 to €35,399
- Advances received -€19,000
down €19,000 (-63.3%), from €30,000 to €11,000
- Debts after one year +€18,718
up €18,718 (+164.4%), from €11,385 to €30,103
- Trade debts -€13,673
down €13,673 (-54.4%), from €25,128 to €11,455
- Other debts -€5,831
down €5,831 (-36.4%), from €16,000 to €10,169
- Gross operating margin +€28,648
up €28,648 (+13.7%), from €209,570 to €238,218
- Taxes +€6,551
up €6,551 (+102.0%), from €6,421 to €12,972
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 | €296,791 | €298,729 | +€1,938 | +0.7% |
| Fixed assets | 21/28 | €146,383 | €180,632 | +€34,248 | +23.4% |
| Tangible fixed assets | 22/27 | €146,383 | €180,632 | +€34,248 | +23.4% |
| Land and buildings | 22 | €143,372 | €135,896 | -€7,477 | -5.2% |
| Plant, machinery and equipment | 23 | €2,489 | €4,910 | +€2,421 | +97.3% |
| Furniture and vehicles | 24 | €522 | €39,826 | +€39,304 | +7534.8% |
| Current assets | 29/58 | €150,408 | €118,097 | -€32,311 | -21.5% |
| Stocks and contracts in progress | 3 | €35,978 | €39,830 | +€3,851 | +10.7% |
| Stocks | 30/36 | €35,978 | €39,830 | +€3,851 | +10.7% |
| Amounts receivable within one year | 40/41 | €48,053 | €45,683 | -€2,370 | -4.9% |
| Trade receivables | 40 | €23,241 | €31,550 | +€8,309 | +35.8% |
| Other amounts receivable | 41 | €24,812 | €14,132 | -€10,680 | -43.0% |
| Current investments | 50/53 | €3,018 | €20,018 | +€17,000 | +563.2% |
| Cash at bank and in hand | 54/58 | €62,626 | €6,952 | -€55,674 | -88.9% |
| Deferred charges and accrued income | 490/1 | €732 | €5,615 | +€4,882 | +666.7% |
| Total equity and liabilities | 10/49 | €296,791 | €298,729 | +€1,938 | +0.7% |
| Equity | 10/15 | €179,193 | €203,796 | +€24,603 | +13.7% |
| Contributions | 10/11 | €168,396 | €168,396 | = | 0.0% |
| Reserves | 13 | €10,797 | €35,399 | +€24,603 | +227.9% |
| Distributable reserves | 133 | €10,797 | €35,399 | +€24,603 | +227.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €117,598 | €94,933 | -€22,665 | -19.3% |
| Amounts payable after more than one year | 17 | €11,385 | €30,103 | +€18,718 | +164.4% |
| Financial debts | 170/4 | €11,385 | €30,103 | +€18,718 | +164.4% |
| Amounts payable within one year | 42/48 | €100,813 | €63,736 | -€37,077 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €4,118 | €9,906 | +€5,788 | +140.6% |
| Trade debts | 44 | €25,128 | €11,455 | -€13,673 | -54.4% |
| Suppliers | 440/4 | €25,128 | €11,455 | -€13,673 | -54.4% |
| Advances received on contracts in progress | 46 | €30,000 | €11,000 | -€19,000 | -63.3% |
| Taxes, remuneration and social security | 45 | €25,567 | €21,206 | -€4,361 | -17.1% |
| Taxes | 450/3 | €1,484 | €5,890 | +€4,406 | +296.9% |
| Remuneration and social security | 454/9 | €24,083 | €15,317 | -€8,767 | -36.4% |
| Other amounts payable | 47/48 | €16,000 | €10,169 | -€5,831 | -36.4% |
| Accrued charges and deferred income | 492/3 | €5,400 | €1,094 | -€4,306 | -79.7% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €174,672 | €174,093 | -€579 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,136 | €12,876 | -€1,260 | -8.9% |
| Other operating charges | 640/8 | €1,780 | €2,335 | +€555 | +31.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €209,570 | €238,218 | +€28,648 | +13.7% |
| Operating profit (loss) | 9901 | €18,982 | €48,914 | +€29,931 | +157.7% |
| Financial income | 75/76B | €1,071 | €2,265 | +€1,194 | +111.5% |
| Recurring financial income | 75 | €1,071 | €2,265 | +€1,194 | +111.5% |
| Financial charges | 65/66B | €1,067 | €3,435 | +€2,368 | +222.0% |
| Recurring financial charges | 65 | €1,067 | €3,435 | +€2,368 | +222.0% |
| Profit (loss) for the period before taxes | 9903 | €18,987 | €47,744 | +€28,757 | +151.5% |
| Income taxes | 67/77 | €6,421 | €12,972 | +€6,551 | +102.0% |
| Profit (loss) for the period | 9904 | €12,565 | €34,772 | +€22,207 | +176.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,565 | €34,772 | +€22,207 | +176.7% |
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 10 October 2026 via checked.be.