C&M FRERE CONSTRUCT: 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 FRERE CONSTRUCT
Largest movements
- Cash -€119,466
down €119,466 (-92.1%), from €129,735 to €10,269
mainly Other debts (-€105,727) and Contributions, distributions and other (-€90,322)
- Receivables within one year +€21,780
up €21,780 (+1,965%), from €1,109 to €22,889
of which Trade receivables: +€21,780
- Deferred charges and accrued income +€1,773
new in 2025: €1,773
- Other debts -€105,727
down €105,727 (-85.3%), from €123,962 to €18,235
- Tax, wage and social debts +€9,243
up €9,243 (+101%), from €9,126 to €18,369
- Gross operating margin +€23,482
up €23,482 (+24.7%), from €94,921 to €118,403
- Taxes +€6,792
up €6,792 (+36.0%), from €18,891 to €25,684
- Financial income +€1,929
new in 2025: €1,929
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 | €135,110 | €38,655 | -€96,455 | -71.4% |
| Fixed assets | 21/28 | €4,267 | €3,725 | -€542 | -12.7% |
| Tangible fixed assets | 22/27 | €4,267 | €3,725 | -€542 | -12.7% |
| Plant, machinery and equipment | 23 | €2,529 | €2,958 | +€428 | +16.9% |
| Furniture and vehicles | 24 | €1,738 | €767 | -€971 | -55.9% |
| Current assets | 29/58 | €130,843 | €34,930 | -€95,913 | -73.3% |
| Amounts receivable within one year | 40/41 | €1,109 | €22,889 | +€21,780 | +1,965% |
| Trade receivables | 40 | - | €21,780 | +€21,780 | |
| Other amounts receivable | 41 | €1,109 | €1,109 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €129,735 | €10,269 | -€119,466 | -92.1% |
| Deferred charges and accrued income | 490/1 | - | €1,773 | +€1,773 | |
| Total equity and liabilities | 10/49 | €135,110 | €38,655 | -€96,455 | -71.4% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €133,110 | €36,655 | -€96,455 | -72.5% |
| Amounts payable within one year | 42/48 | €133,110 | €36,655 | -€96,455 | -72.5% |
| Trade debts | 44 | €23 | €51 | +€28 | +126% |
| Suppliers | 440/4 | €23 | €51 | +€28 | +126% |
| Taxes, remuneration and social security | 45 | €9,126 | €18,369 | +€9,243 | +101% |
| Taxes | 450/3 | €9,126 | €18,369 | +€9,243 | +101% |
| Other amounts payable | 47/48 | €123,962 | €18,235 | -€105,727 | -85.3% |
| Remuneration, social security and pensions | 62 | €1,444 | €2,240 | +€796 | +55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,421 | €1,913 | -€508 | -21.0% |
| Other operating charges | 640/8 | €247 | - | -€247 | |
| Gross operating margin | 9900 | €94,921 | €118,403 | +€23,482 | +24.7% |
| Operating profit (loss) | 9901 | €90,809 | €114,250 | +€23,441 | +25.8% |
| Financial income | 75/76B | - | €1,929 | +€1,929 | |
| Recurring financial income | 75 | - | €1,929 | +€1,929 | |
| Financial charges | 65/66B | €41 | €173 | +€132 | +322% |
| Recurring financial charges | 65 | €41 | €173 | +€132 | +322% |
| Profit (loss) for the period before taxes | 9903 | €90,768 | €116,005 | +€25,237 | +27.8% |
| Income taxes | 67/77 | €18,891 | €25,684 | +€6,792 | +36.0% |
| Profit (loss) for the period | 9904 | €71,877 | €90,322 | +€18,445 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,877 | €90,322 | +€18,445 | +25.7% |
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 21 October 2026 via checked.be.