CCM: what changed
Two fiscal 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.
CCM
Largest movements
- Cash +€119,051
up €119,051 (+119.7%), from €99,439 to €218,489
mainly Net result for the year (+€272,707) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year +€8,077
up €8,077 (+11.8%), from €68,309 to €76,386
of which Trade receivables: +€8,243
- Other debts +€31,406
up €31,406 (+12.9%), from €243,275 to €274,681
- Gross operating margin +€40,646
up €40,646 (+12.8%), from €318,216 to €358,862
- Taxes +€9,456
up €9,456 (+12.5%), from €75,694 to €85,150
- Financial income -€6,400
down €6,400 (-84.6%), from €7,564 to €1,165
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 | €288,450 | €316,411 | +€27,961 | +9.7% |
| Fixed assets | 21/28 | €20,298 | €21,536 | +€1,238 | +6.1% |
| Tangible fixed assets | 22/27 | €20,298 | €21,536 | +€1,238 | +6.1% |
| Plant, machinery and equipment | 23 | €2,251 | €2,006 | -€244 | -10.9% |
| Furniture and vehicles | 24 | - | €2,400 | +€2,400 | |
| Other tangible fixed assets | 26 | €18,047 | €17,130 | -€917 | -5.1% |
| Current assets | 29/58 | €268,152 | €294,875 | +€26,723 | +10.0% |
| Amounts receivable within one year | 40/41 | €68,309 | €76,386 | +€8,077 | +11.8% |
| Trade receivables | 40 | €68,143 | €76,386 | +€8,243 | +12.1% |
| Other amounts receivable | 41 | €166 | €0 | -€166 | -100.0% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €99,439 | €218,489 | +€119,051 | +119.7% |
| Deferred charges and accrued income | 490/1 | €405 | €0 | -€405 | -100.0% |
| Total equity and liabilities | 10/49 | €288,450 | €316,411 | +€27,961 | +9.7% |
| Equity | 10/15 | €21,602 | €21,883 | +€281 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,002 | €3,283 | +€281 | +9.4% |
| Distributable reserves | 133 | €3,002 | €3,283 | +€281 | +9.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €266,848 | €294,528 | +€27,680 | +10.4% |
| Amounts payable after more than one year | 17 | €18,600 | €18,600 | = | 0.0% |
| Financial debts | 170/4 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €247,376 | €274,931 | +€27,556 | +11.1% |
| Trade debts | 44 | €1,001 | €0 | -€1,001 | -100.0% |
| Suppliers | 440/4 | €1,001 | €0 | -€1,001 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,099 | €250 | -€2,849 | -91.9% |
| Taxes | 450/3 | €1,119 | €250 | -€869 | -77.7% |
| Remuneration and social security | 454/9 | €1,980 | €0 | -€1,980 | -100.0% |
| Other amounts payable | 47/48 | €243,275 | €274,681 | +€31,406 | +12.9% |
| Accrued charges and deferred income | 492/3 | €872 | €997 | +€125 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,351 | €1,214 | -€3,138 | -72.1% |
| Other operating charges | 640/8 | €1,155 | €901 | -€254 | -22.0% |
| Gross operating margin | 9900 | €318,216 | €358,862 | +€40,646 | +12.8% |
| Operating profit (loss) | 9901 | €312,710 | €356,747 | +€44,038 | +14.1% |
| Financial income | 75/76B | €7,564 | €1,165 | -€6,400 | -84.6% |
| Recurring financial income | 75 | €7,564 | €1,165 | -€6,400 | -84.6% |
| Financial charges | 65/66B | €1,526 | €55 | -€1,471 | -96.4% |
| Recurring financial charges | 65 | €1,526 | €55 | -€1,471 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €318,748 | €357,857 | +€39,109 | +12.3% |
| Income taxes | 67/77 | €75,694 | €85,150 | +€9,456 | +12.5% |
| Profit (loss) for the period | 9904 | €243,054 | €272,707 | +€29,653 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €243,054 | €272,707 | +€29,653 | +12.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.