C-M Groupe: what changed
C-M Groupe
Largest movements
- Stocks and contracts +€140,194
new in 2025: €140,194
- Tangible fixed assets +€93,837
up €93,837 (+2,801%), from €3,350 to €97,188
of which Leasing and similar rights: +€93,259
- Cash -€82,477
down €82,477 (-64.1%), from €128,663 to €46,186
mainly Stocks and contracts (-€140,194) and Investment in fixed assets (net) (-€103,279)
- Receivables within one year +€60,850
up €60,850 (+52.9%), from €114,971 to €175,821
of which Trade receivables: +€65,649
- Debts after one year +€73,835
new in 2025: €73,835
- Reserves +€65,768
up €65,768 (+98.6%), from €66,708 to €132,477
- Trade debts +€31,155
up €31,155 (+37.7%), from €82,738 to €113,893
- Current portion of long-term debt +€19,291
new in 2025: €19,291
- Tax, wage and social debts +€18,622
up €18,622 (+113%), from €16,548 to €35,171
of which Taxes: +€16,892
- Gross operating margin +€38,124
up €38,124 (+46.2%), from €82,574 to €120,698
- Staff costs +€24,344
new in 2025: €24,344
- Depreciation +€9,409
up €9,409 (+28,272%), from €33 to €9,442
- Financial charges +€2,171
up €2,171 (+2,662%), from €82 to €2,252
- Other operating charges +€1,565
up €1,565 (+404%), from €387 to €1,953
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,992 | €462,663 | +€213,671 | +85.8% |
| Fixed assets | 21/28 | €3,350 | €97,188 | +€93,837 | +2,801% |
| Tangible fixed assets | 22/27 | €3,350 | €97,188 | +€93,837 | +2,801% |
| Plant, machinery and equipment | 23 | - | €1,255 | +€1,255 | |
| Furniture and vehicles | 24 | €3,350 | €2,674 | -€677 | -20.2% |
| Leasing and similar rights | 25 | - | €93,259 | +€93,259 | |
| Current assets | 29/58 | €245,642 | €365,476 | +€119,834 | +48.8% |
| Stocks and contracts in progress | 3 | - | €140,194 | +€140,194 | |
| Stocks | 30/36 | - | €140,194 | +€140,194 | |
| Amounts receivable within one year | 40/41 | €114,971 | €175,821 | +€60,850 | +52.9% |
| Trade receivables | 40 | €98,879 | €164,527 | +€65,649 | +66.4% |
| Other amounts receivable | 41 | €16,092 | €11,294 | -€4,798 | -29.8% |
| Cash at bank and in hand | 54/58 | €128,663 | €46,186 | -€82,477 | -64.1% |
| Deferred charges and accrued income | 490/1 | €2,008 | €3,276 | +€1,267 | +63.1% |
| Total equity and liabilities | 10/49 | €248,992 | €462,663 | +€213,671 | +85.8% |
| Equity | 10/15 | €69,708 | €135,477 | +€65,768 | +94.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,708 | €132,477 | +€65,768 | +98.6% |
| Distributable reserves | 133 | €66,708 | €132,477 | +€65,768 | +98.6% |
| Amounts payable | 17/49 | €179,284 | €327,187 | +€147,903 | +82.5% |
| Amounts payable after more than one year | 17 | - | €73,835 | +€73,835 | |
| Financial debts | 170/4 | - | €73,835 | +€73,835 | |
| Amounts payable within one year | 42/48 | €179,284 | €253,352 | +€74,068 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | - | €19,291 | +€19,291 | |
| Trade debts | 44 | €82,738 | €113,893 | +€31,155 | +37.7% |
| Suppliers | 440/4 | €82,738 | €113,893 | +€31,155 | +37.7% |
| Taxes, remuneration and social security | 45 | €16,548 | €35,171 | +€18,622 | +113% |
| Taxes | 450/3 | €16,548 | €33,440 | +€16,892 | +102% |
| Remuneration and social security | 454/9 | - | €1,730 | +€1,730 | |
| Other amounts payable | 47/48 | €79,998 | €84,998 | +€5,000 | +6.3% |
| Remuneration, social security and pensions | 62 | - | €24,344 | +€24,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €9,442 | +€9,409 | +28,272% |
| Other operating charges | 640/8 | €387 | €1,953 | +€1,565 | +404% |
| Gross operating margin | 9900 | €82,574 | €120,698 | +€38,124 | +46.2% |
| Operating profit (loss) | 9901 | €82,153 | €84,959 | +€2,806 | +3.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €82 | €2,252 | +€2,171 | +2,662% |
| Recurring financial charges | 65 | €82 | €2,252 | +€2,171 | +2,662% |
| Profit (loss) for the period before taxes | 9903 | €82,072 | €82,707 | +€636 | +0.8% |
| Income taxes | 67/77 | €16,501 | €16,939 | +€438 | +2.7% |
| Profit (loss) for the period | 9904 | €65,570 | €65,768 | +€198 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,570 | €65,768 | +€198 | +0.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.