C.M.D TECHNICS: 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.D TECHNICS
Largest movements
- Receivables within one year -€4,837
down €4,837 (-13.5%), from €35,785 to €30,948
of which Trade receivables: -€4,671
- Tax, wage and social debts -€9,174
down €9,174 (-46.7%), from €19,662 to €10,487
of which Taxes: -€5,737
- Other debts +€7,459
up €7,459 (+88.6%), from €8,422 to €15,881
- Accrued charges and deferred income -€2,506
no longer reported in 2025 (was €2,506)
- Staff costs +€5,061
up €5,061 (+507%), from €999 to €6,061
- Gross operating margin +€3,579
up €3,579 (+15.7%), from €22,769 to €26,347
- Taxes +€2,866
up €2,866 (+578%), from €496 to €3,362
- Depreciation +€1,562
up €1,562 (+17.5%), from €8,921 to €10,483
- Other operating charges -€1,301
down €1,301 (-55.5%), from €2,342 to €1,041
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 | €113,251 | €109,084 | -€4,167 | -3.7% |
| Fixed assets | 21/28 | €39,387 | €40,037 | +€651 | +1.7% |
| Tangible fixed assets | 22/27 | €39,387 | €40,037 | +€651 | +1.7% |
| Plant, machinery and equipment | 23 | €2,333 | €2,447 | +€114 | +4.9% |
| Furniture and vehicles | 24 | €37,054 | €37,591 | +€537 | +1.4% |
| Current assets | 29/58 | €73,864 | €69,047 | -€4,817 | -6.5% |
| Amounts receivable within one year | 40/41 | €35,785 | €30,948 | -€4,837 | -13.5% |
| Trade receivables | 40 | €31,481 | €26,810 | -€4,671 | -14.8% |
| Other amounts receivable | 41 | €4,304 | €4,138 | -€166 | -3.9% |
| Cash at bank and in hand | 54/58 | €35,879 | €36,295 | +€417 | +1.2% |
| Deferred charges and accrued income | 490/1 | €2,201 | €1,804 | -€397 | -18.0% |
| Total equity and liabilities | 10/49 | €113,251 | €109,084 | -€4,167 | -3.7% |
| Equity | 10/15 | €21,910 | €22,107 | +€197 | +0.9% |
| Contributions | 10/11 | €21,440 | €21,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | €470 | €667 | +€197 | +41.8% |
| Amounts payable | 17/49 | €91,340 | €86,977 | -€4,363 | -4.8% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,835 | €26,977 | -€1,858 | -6.4% |
| Trade debts | 44 | €751 | €609 | -€142 | -18.9% |
| Suppliers | 440/4 | €751 | €609 | -€142 | -18.9% |
| Taxes, remuneration and social security | 45 | €19,662 | €10,487 | -€9,174 | -46.7% |
| Taxes | 450/3 | €14,070 | €8,333 | -€5,737 | -40.8% |
| Remuneration and social security | 454/9 | €5,592 | €2,154 | -€3,438 | -61.5% |
| Other amounts payable | 47/48 | €8,422 | €15,881 | +€7,459 | +88.6% |
| Accrued charges and deferred income | 492/3 | €2,506 | - | -€2,506 | |
| Remuneration, social security and pensions | 62 | €999 | €6,061 | +€5,061 | +507% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,921 | €10,483 | +€1,562 | +17.5% |
| Other operating charges | 640/8 | €2,342 | €1,041 | -€1,301 | -55.5% |
| Gross operating margin | 9900 | €22,769 | €26,347 | +€3,579 | +15.7% |
| Operating profit (loss) | 9901 | €10,507 | €8,763 | -€1,744 | -16.6% |
| Financial charges | 65/66B | €5,175 | €5,203 | +€28 | +0.5% |
| Recurring financial charges | 65 | €5,175 | €5,203 | +€28 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €5,332 | €3,559 | -€1,773 | -33.2% |
| Income taxes | 67/77 | €496 | €3,362 | +€2,866 | +578% |
| Profit (loss) for the period | 9904 | €4,836 | €197 | -€4,639 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,836 | €197 | -€4,639 | -95.9% |
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 22 October 2026 via checked.be.