C.M.B.C.: 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.M.B.C.
Largest movements
- Cash +€59,005
up €59,005 (+408%), from €14,460 to €73,465
mainly Net result for the year (+€41,587) and Depreciation (+€41,199)
- Receivables within one year -€13,530
down €13,530 (-39.4%), from €34,315 to €20,785
of which Other amounts receivable: -€18,266
- Tangible fixed assets -€11,713
down €11,713 (-2.5%), from €474,873 to €463,160
of which Land and buildings: -€24,946
- Reserves +€42,167
up €42,167 (+58.0%), from €72,650 to €114,818
of which Distributable reserves: +€41,587
- Debts after one year -€20,205
down €20,205 (-5.1%), from €395,608 to €375,404
of which Financial debts: -€23,871
- Trade debts +€13,105
up €13,105 (+171%), from €7,651 to €20,756
- Tax, wage and social debts -€7,485
down €7,485 (-98.0%), from €7,640 to €155
- Advances received +€6,256
new in 2025: €6,256
- Gross operating margin +€38,935
up €38,935 (+50.3%), from €77,346 to €116,281
- Depreciation -€9,984
down €9,984 (-19.5%), from €51,182 to €41,199
- Taxes +€9,033
up €9,033 (+71,520%), from €13 to €9,046
- Staff costs -€1,759
down €1,759 (-44.3%), from €3,971 to €2,212
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 | €542,373 | €580,180 | +€37,806 | +7.0% |
| Fixed assets | 21/28 | €475,164 | €463,450 | -€11,713 | -2.5% |
| Tangible fixed assets | 22/27 | €474,873 | €463,160 | -€11,713 | -2.5% |
| Land and buildings | 22 | €441,745 | €416,800 | -€24,946 | -5.6% |
| Plant, machinery and equipment | 23 | €25,455 | €23,932 | -€1,524 | -6.0% |
| Furniture and vehicles | 24 | €7,673 | €3,628 | -€4,044 | -52.7% |
| Leasing and similar rights | 25 | - | €18,800 | +€18,800 | |
| Financial fixed assets | 28 | €291 | €291 | = | 0.0% |
| Current assets | 29/58 | €67,210 | €116,729 | +€49,520 | +73.7% |
| Stocks and contracts in progress | 3 | €18,435 | €21,500 | +€3,065 | +16.6% |
| Stocks | 30/36 | €18,435 | €21,500 | +€3,065 | +16.6% |
| Amounts receivable within one year | 40/41 | €34,315 | €20,785 | -€13,530 | -39.4% |
| Trade receivables | 40 | €9,351 | €14,087 | +€4,736 | +50.6% |
| Other amounts receivable | 41 | €24,963 | €6,697 | -€18,266 | -73.2% |
| Cash at bank and in hand | 54/58 | €14,460 | €73,465 | +€59,005 | +408% |
| Deferred charges and accrued income | 490/1 | - | €980 | +€980 | |
| Total equity and liabilities | 10/49 | €542,373 | €580,180 | +€37,806 | +7.0% |
| Equity | 10/15 | €91,250 | €135,418 | +€44,167 | +48.4% |
| Contributions | 10/11 | €18,600 | €20,600 | +€2,000 | +10.8% |
| Reserves | 13 | €72,650 | €114,818 | +€42,167 | +58.0% |
| Non-distributable reserves | 130/1 | - | €580 | +€580 | |
| Other | 1319 | - | €580 | +€580 | |
| Distributable reserves | 133 | €72,650 | €114,238 | +€41,587 | +57.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €451,123 | €444,762 | -€6,361 | -1.4% |
| Amounts payable after more than one year | 17 | €395,608 | €375,404 | -€20,205 | -5.1% |
| Financial debts | 170/4 | €395,608 | €371,737 | -€23,871 | -6.0% |
| Other amounts payable | 178/9 | €0 | €3,666 | +€3,666 | |
| Amounts payable within one year | 42/48 | €55,515 | €69,358 | +€13,843 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €40,224 | €42,191 | +€1,967 | +4.9% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €7,651 | €20,756 | +€13,105 | +171% |
| Suppliers | 440/4 | €7,651 | €20,756 | +€13,105 | +171% |
| Advances received on contracts in progress | 46 | - | €6,256 | +€6,256 | |
| Taxes, remuneration and social security | 45 | €7,640 | €155 | -€7,485 | -98.0% |
| Taxes | 450/3 | €7,640 | €155 | -€7,485 | -98.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,971 | €2,212 | -€1,759 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,182 | €41,199 | -€9,984 | -19.5% |
| Other operating charges | 640/8 | €5,568 | €6,400 | +€832 | +14.9% |
| Gross operating margin | 9900 | €77,346 | €116,281 | +€38,935 | +50.3% |
| Operating profit (loss) | 9901 | €16,625 | €66,470 | +€49,846 | +300% |
| Financial income | 75/76B | €679 | €251 | -€428 | -63.1% |
| Recurring financial income | 75 | €679 | €251 | -€428 | -63.1% |
| Financial charges | 65/66B | €16,142 | €16,088 | -€54 | -0.3% |
| Recurring financial charges | 65 | €16,142 | €16,088 | -€54 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,162 | €50,633 | +€49,471 | +4,259% |
| Income taxes | 67/77 | €13 | €9,046 | +€9,033 | +71,520% |
| Profit (loss) for the period | 9904 | €1,149 | €41,587 | +€40,438 | +3,519% |
| Profit (loss) for the period to be appropriated | 9905 | €1,149 | €41,587 | +€40,438 | +3,519% |
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 15 October 2026 via checked.be.