C&MORE: what changed
C&MORE
Largest movements
- Cash +€15,038
up €15,038 (+22.9%), from €65,553 to €80,592
mainly Net result for the year (+€13,331) and Other debts (+€4,909)
- Current investments +€4,148
up €4,148 (+6.7%), from €62,369 to €66,517
- Reserves +€13,331
up €13,331 (+15.1%), from €88,373 to €101,704
- Other debts +€4,909
up €4,909 (+22.2%), from €22,084 to €26,994
- Tax, wage and social debts -€2,521
down €2,521 (-11.5%), from €21,845 to €19,323
of which Remuneration and social security: -€1,876
- Financial charges -€2,633
down €2,633 (-93.9%), from €2,804 to €170
- Gross operating margin -€2,133
down €2,133 (-9.0%), from €23,773 to €21,641
- Financial income -€913
down €913 (-78.0%), from €1,170 to €257
- Depreciation +€543
up €543 (+101%), from €536 to €1,079
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 | €147,054 | €163,707 | +€16,653 | +11.3% |
| Fixed assets | 21/28 | €2,606 | €1,527 | -€1,079 | -41.4% |
| Tangible fixed assets | 22/27 | €2,606 | €1,527 | -€1,079 | -41.4% |
| Plant, machinery and equipment | 23 | €2,606 | €1,527 | -€1,079 | -41.4% |
| Current assets | 29/58 | €144,448 | €162,180 | +€17,732 | +12.3% |
| Amounts receivable within one year | 40/41 | €16,226 | €14,774 | -€1,451 | -8.9% |
| Trade receivables | 40 | €10,650 | €12,358 | +€1,708 | +16.0% |
| Other amounts receivable | 41 | €5,576 | €2,416 | -€3,159 | -56.7% |
| Current investments | 50/53 | €62,369 | €66,517 | +€4,148 | +6.7% |
| Cash at bank and in hand | 54/58 | €65,553 | €80,592 | +€15,038 | +22.9% |
| Deferred charges and accrued income | 490/1 | €300 | €297 | -€4 | -1.2% |
| Total equity and liabilities | 10/49 | €147,054 | €163,707 | +€16,653 | +11.3% |
| Equity | 10/15 | €100,773 | €114,104 | +€13,331 | +13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €88,373 | €101,704 | +€13,331 | +15.1% |
| Distributable reserves | 133 | €88,373 | €101,704 | +€13,331 | +15.1% |
| Amounts payable | 17/49 | €46,281 | €49,603 | +€3,322 | +7.2% |
| Amounts payable within one year | 42/48 | €45,626 | €47,947 | +€2,322 | +5.1% |
| Trade debts | 44 | €1,697 | €1,630 | -€66 | -3.9% |
| Suppliers | 440/4 | €1,697 | €1,630 | -€66 | -3.9% |
| Taxes, remuneration and social security | 45 | €21,845 | €19,323 | -€2,521 | -11.5% |
| Taxes | 450/3 | €4,201 | €3,556 | -€646 | -15.4% |
| Remuneration and social security | 454/9 | €17,644 | €15,768 | -€1,876 | -10.6% |
| Other amounts payable | 47/48 | €22,084 | €26,994 | +€4,909 | +22.2% |
| Accrued charges and deferred income | 492/3 | €655 | €1,656 | +€1,001 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536 | €1,079 | +€543 | +101% |
| Other operating charges | 640/8 | €814 | €925 | +€111 | +13.6% |
| Gross operating margin | 9900 | €23,773 | €21,641 | -€2,133 | -9.0% |
| Operating profit (loss) | 9901 | €22,423 | €19,637 | -€2,786 | -12.4% |
| Financial income | 75/76B | €1,170 | €257 | -€913 | -78.0% |
| Recurring financial income | 75 | €1,170 | €257 | -€913 | -78.0% |
| Financial charges | 65/66B | €2,804 | €170 | -€2,633 | -93.9% |
| Recurring financial charges | 65 | €2,804 | €170 | -€2,633 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | €20,789 | €19,724 | -€1,066 | -5.1% |
| Income taxes | 67/77 | €6,617 | €6,393 | -€224 | -3.4% |
| Profit (loss) for the period | 9904 | €14,172 | €13,331 | -€842 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,172 | €13,331 | -€842 | -5.9% |
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 5 November 2026 via checked.be.