C.M.H.: 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.H.
Largest movements
- Stocks and contracts -€7,280
down €7,280 (-26.9%), from €27,075 to €19,795
- Receivables within one year +€5,291
up €5,291 (+3265.5%), from €162 to €5,453
of which Trade receivables: +€5,426
- Tangible fixed assets -€1,164
down €1,164 (-32.8%), from €3,548 to €2,384
of which Land and buildings: -€744
- Profit (loss) carried forward -€7,538
down €7,538 (-87.8%), from -€8,588 to -€16,126
- Other debts +€4,282
up €4,282 (+24.9%), from €17,195 to €21,477
- Gross operating margin +€3,666
up €3,666 (+37.7%), from -€9,712 to -€6,046
- Financial charges +€257
up €257 (+360.4%), from €71 to €328
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 | €31,547 | €28,410 | -€3,138 | -9.9% |
| Fixed assets | 21/28 | €4,168 | €3,003 | -€1,164 | -27.9% |
| Tangible fixed assets | 22/27 | €3,548 | €2,384 | -€1,164 | -32.8% |
| Land and buildings | 22 | €2,920 | €2,176 | -€744 | -25.5% |
| Plant, machinery and equipment | 23 | €628 | €207 | -€421 | -67.0% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €27,380 | €25,406 | -€1,973 | -7.2% |
| Stocks and contracts in progress | 3 | €27,075 | €19,795 | -€7,280 | -26.9% |
| Stocks | 30/36 | €27,075 | €19,795 | -€7,280 | -26.9% |
| Amounts receivable within one year | 40/41 | €162 | €5,453 | +€5,291 | +3265.5% |
| Trade receivables | 40 | €26 | €5,453 | +€5,426 | +20546.6% |
| Other amounts receivable | 41 | €136 | - | -€136 | |
| Cash at bank and in hand | 54/58 | €40 | €6 | -€33 | -83.7% |
| Deferred charges and accrued income | 490/1 | €103 | €152 | +€49 | +47.8% |
| Total equity and liabilities | 10/49 | €31,547 | €28,410 | -€3,138 | -9.9% |
| Equity | 10/15 | €9,962 | €2,424 | -€7,538 | -75.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,588 | -€16,126 | -€7,538 | -87.8% |
| Amounts payable | 17/49 | €21,585 | €25,985 | +€4,401 | +20.4% |
| Amounts payable within one year | 42/48 | €21,585 | €25,985 | +€4,401 | +20.4% |
| Trade debts | 44 | €4,366 | €4,345 | -€21 | -0.5% |
| Suppliers | 440/4 | €4,366 | €4,345 | -€21 | -0.5% |
| Taxes, remuneration and social security | 45 | €24 | €164 | +€140 | +576.0% |
| Taxes | 450/3 | €24 | €164 | +€140 | +576.0% |
| Other amounts payable | 47/48 | €17,195 | €21,477 | +€4,282 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132 | €1,164 | +€33 | +2.9% |
| Gross operating margin | 9900 | -€9,712 | -€6,046 | +€3,666 | +37.7% |
| Operating profit (loss) | 9901 | -€10,843 | -€7,210 | +€3,633 | +33.5% |
| Financial charges | 65/66B | €71 | €328 | +€257 | +360.4% |
| Recurring financial charges | 65 | €71 | €328 | +€257 | +360.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,915 | -€7,538 | +€3,377 | +30.9% |
| Profit (loss) for the period | 9904 | -€10,915 | -€7,538 | +€3,377 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,915 | -€7,538 | +€3,377 | +30.9% |
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 12 October 2026 via checked.be.