C.M.C.: 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.M.C.
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€662,869
2024 · €590,170+€72,699
Equity
€8.6m
2024 · €8.0m+€662,869
Cash
€299,313
2024 · €791,249-€491,936
Balance sheet total
€9.6m
2024 · €9.0m+€598,982
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+16.0%), from €6.7m to €7.8m
of which Trade receivables: +€1.1m
- Cash -€491,936
down €491,936 (-62.2%), from €791,249 to €299,313
mainly Receivables within one year (-€1.1m) and Tax, wage and social debts (-€190,565)
Equity and liabilities
- Reserves +€662,869
up €662,869 (+8.5%), from €7.8m to €8.5m
of which Distributable reserves: +€662,869
- Tax, wage and social debts -€190,565
down €190,565 (-71.8%), from €265,377 to €74,812
of which Taxes: -€194,565
- Trade debts +€120,007
up €120,007 (+242.8%), from €49,428 to €169,435
Income statement
- Gross operating margin +€154,350
up €154,350 (+10.3%), from €1.5m to €1.7m
- Staff costs +€57,193
up €57,193 (+9.4%), from €608,228 to €665,421
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
€590,170
Gross operating margin
+€154,350
Staff costs
-€57,193
Depreciation
+€1,732
Write-downs
-€3,333
Other operating charges
-€6,250
Financial income
+€15
Financial charges
-€6,958
Taxes
-€9,663
Result 2025
€662,869
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
-€445,639
Investment
-€13,339
Financing
-€32,958
Cash 2024
€791,249
From operations (derived)
-€445,639
Net result for the year
+€662,869
Depreciation
+€21,725
Stocks and contracts
-€26,265
Receivables within one year
-€1.1m
Smaller working-capital items
-€1,801
Trade debts
+€120,007
Tax, wage and social debts
-€190,565
Other debts
+€42,043
Investment (derived)
-€13,339
Investment in fixed assets (net)
-€13,339
Financing
-€32,958
Current portion of long-term debt
-€32,958
Cash 2025
€299,313
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,956,388 | €9,555,370 | +€598,982 | +6.7% |
| Fixed assets | 21/28 | €1,346,644 | €1,338,258 | -€8,386 | -0.6% |
| Tangible fixed assets | 22/27 | €73,124 | €64,738 | -€8,386 | -11.5% |
| Land and buildings | 22 | €45,773 | €37,378 | -€8,395 | -18.3% |
| Plant, machinery and equipment | 23 | €11,763 | €6,735 | -€5,029 | -42.7% |
| Furniture and vehicles | 24 | €15,588 | €20,626 | +€5,037 | +32.3% |
| Financial fixed assets | 28 | €1,273,520 | €1,273,520 | = | 0.0% |
| Current assets | 29/58 | €7,609,744 | €8,217,113 | +€607,368 | +8.0% |
| Stocks and contracts in progress | 3 | €90,128 | €116,393 | +€26,265 | +29.1% |
| Stocks | 30/36 | €90,128 | €116,393 | +€26,265 | +29.1% |
| Amounts receivable within one year | 40/41 | €6,708,627 | €7,782,279 | +€1.1m | +16.0% |
| Trade receivables | 40 | €731,677 | €1,793,393 | +€1.1m | +145.1% |
| Other amounts receivable | 41 | €5,976,950 | €5,988,886 | +€11,936 | +0.2% |
| Cash at bank and in hand | 54/58 | €791,249 | €299,313 | -€491,936 | -62.2% |
| Deferred charges and accrued income | 490/1 | €19,740 | €19,127 | -€613 | -3.1% |
| Total equity and liabilities | 10/49 | €8,956,388 | €9,555,370 | +€598,982 | +6.7% |
| Equity | 10/15 | €7,952,700 | €8,615,569 | +€662,869 | +8.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €7,828,753 | €8,491,622 | +€662,869 | +8.5% |
| Non-distributable reserves | 130/1 | €15,446 | €15,446 | = | 0.0% |
| Legal reserve | 130 | €15,446 | €15,446 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €7,794,557 | €8,457,426 | +€662,869 | +8.5% |
| Provisions and deferred taxes | 16 | €125,435 | €125,435 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €125,435 | €125,435 | = | 0.0% |
| Pensions and similar obligations | 160 | €125,435 | €125,435 | = | 0.0% |
| Amounts payable | 17/49 | €878,253 | €814,366 | -€63,887 | -7.3% |
| Amounts payable within one year | 42/48 | €849,776 | €788,302 | -€61,473 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €74,992 | €42,034 | -€32,958 | -43.9% |
| Trade debts | 44 | €49,428 | €169,435 | +€120,007 | +242.8% |
| Suppliers | 440/4 | €49,428 | €169,435 | +€120,007 | +242.8% |
| Taxes, remuneration and social security | 45 | €265,377 | €74,812 | -€190,565 | -71.8% |
| Taxes | 450/3 | €204,877 | €10,312 | -€194,565 | -95.0% |
| Remuneration and social security | 454/9 | €60,500 | €64,500 | +€4,000 | +6.6% |
| Other amounts payable | 47/48 | €459,979 | €502,022 | +€42,043 | +9.1% |
| Accrued charges and deferred income | 492/3 | €28,477 | €26,064 | -€2,414 | -8.5% |
| Remuneration, social security and pensions | 62 | €608,228 | €665,421 | +€57,193 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,457 | €21,725 | -€1,732 | -7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,217 | €6,550 | +€3,333 | +103.6% |
| Other operating charges | 640/8 | €27,593 | €33,843 | +€6,250 | +22.7% |
| Gross operating margin | 9900 | €1,496,833 | €1,651,183 | +€154,350 | +10.3% |
| Operating profit (loss) | 9901 | €834,339 | €923,644 | +€89,305 | +10.7% |
| Financial income | 75/76B | €1,322 | €1,337 | +€15 | +1.1% |
| Recurring financial income | 75 | €1,322 | €1,337 | +€15 | +1.1% |
| Financial charges | 65/66B | €39,059 | €46,017 | +€6,958 | +17.8% |
| Recurring financial charges | 65 | €39,059 | €46,017 | +€6,958 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €796,603 | €878,965 | +€82,362 | +10.3% |
| Income taxes | 67/77 | €206,432 | €216,096 | +€9,663 | +4.7% |
| Profit (loss) for the period | 9904 | €590,170 | €662,869 | +€72,699 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €590,170 | €662,869 | +€72,699 | +12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.