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.
C.M.C.
Largest movements
- Tangible fixed assets -€27,101
down €27,101 (-4.5%), from €597,744 to €570,643
of which Land and buildings: -€26,350
- Other debts -€27,121
down €27,121 (-41.4%), from €65,538 to €38,418
- Financial charges -€2,800
down €2,800 (-45.5%), from €6,155 to €3,355
- Taxes +€1,522
up €1,522 (+460.1%), from €331 to €1,853
- Gross operating margin +€1,081
up €1,081 (+2.8%), from €39,265 to €40,346
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 | €602,539 | €576,801 | -€25,737 | -4.3% |
| Fixed assets | 21/28 | €597,744 | €570,643 | -€27,101 | -4.5% |
| Tangible fixed assets | 22/27 | €597,744 | €570,643 | -€27,101 | -4.5% |
| Land and buildings | 22 | €592,610 | €566,260 | -€26,350 | -4.4% |
| Furniture and vehicles | 24 | €5,134 | €4,383 | -€752 | -14.6% |
| Current assets | 29/58 | €4,795 | €6,158 | +€1,364 | +28.4% |
| Amounts receivable within one year | 40/41 | €3,521 | €4,895 | +€1,374 | +39.0% |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Other amounts receivable | 41 | €2,021 | €4,895 | +€2,874 | +142.2% |
| Cash at bank and in hand | 54/58 | €934 | €1,264 | +€330 | +35.3% |
| Deferred charges and accrued income | 490/1 | €339 | - | -€339 | |
| Total equity and liabilities | 10/49 | €602,539 | €576,801 | -€25,737 | -4.3% |
| Equity | 10/15 | €528,705 | €531,730 | +€3,025 | +0.6% |
| Contributions | 10/11 | €365,000 | €365,000 | = | 0.0% |
| Capital | 10 | €365,000 | €365,000 | = | 0.0% |
| Issued capital | 100 | €365,000 | €365,000 | = | 0.0% |
| Reserves | 13 | €163,705 | €166,730 | +€3,025 | +1.8% |
| Non-distributable reserves | 130/1 | €10,346 | €10,497 | +€151 | +1.5% |
| Legal reserve | 130 | €10,346 | €10,497 | +€151 | +1.5% |
| Distributable reserves | 133 | €153,360 | €156,233 | +€2,874 | +1.9% |
| Amounts payable | 17/49 | €73,834 | €45,071 | -€28,763 | -39.0% |
| Amounts payable within one year | 42/48 | €65,869 | €39,908 | -€25,961 | -39.4% |
| Taxes, remuneration and social security | 45 | €331 | €1,491 | +€1,160 | +350.6% |
| Taxes | 450/3 | €331 | €1,491 | +€1,160 | +350.6% |
| Other amounts payable | 47/48 | €65,538 | €38,418 | -€27,121 | -41.4% |
| Accrued charges and deferred income | 492/3 | €7,965 | €5,163 | -€2,802 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,102 | €27,101 | -€1 | 0.0% |
| Other operating charges | 640/8 | €4,863 | €5,012 | +€148 | +3.1% |
| Gross operating margin | 9900 | €39,265 | €40,346 | +€1,081 | +2.8% |
| Operating profit (loss) | 9901 | €7,299 | €8,232 | +€933 | +12.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,155 | €3,355 | -€2,800 | -45.5% |
| Recurring financial charges | 65 | €6,155 | €3,355 | -€2,800 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €1,144 | €4,878 | +€3,734 | +326.3% |
| Income taxes | 67/77 | €331 | €1,853 | +€1,522 | +460.1% |
| Profit (loss) for the period | 9904 | €814 | €3,025 | +€2,212 | +271.8% |
| Profit (loss) for the period to be appropriated | 9905 | €814 | €3,025 | +€2,212 | +271.8% |
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 3 October 2026 via checked.be.