CEMC: 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.
CEMC
Largest movements
- Receivables within one year +€5,447
new in 2025: €5,447
- Tangible fixed assets -€4,833
down €4,833 (-34.3%), from €14,078 to €9,245
- Cash -€3,415
down €3,415 (-13.9%), from €24,524 to €21,108
mainly Receivables within one year (-€5,447) and Tax, wage and social debts (-€4,876)
- Tax, wage and social debts -€4,876
down €4,876 (-56.0%), from €8,712 to €3,835
- Profit (loss) carried forward +€3,427
up €3,427 (+15.2%), from €22,476 to €25,903
- Other debts -€1,211
down €1,211 (-46.7%), from €2,597 to €1,385
- Gross operating margin -€19,712
down €19,712 (-64.6%), from €30,505 to €10,793
- Taxes -€5,349
down €5,349 (-70.6%), from €7,581 to €2,232
- Depreciation +€4,412
up €4,412 (+1045.8%), from €422 to €4,833
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 | €40,163 | €37,142 | -€3,021 | -7.5% |
| Fixed assets | 21/28 | €14,078 | €9,245 | -€4,833 | -34.3% |
| Tangible fixed assets | 22/27 | €14,078 | €9,245 | -€4,833 | -34.3% |
| Furniture and vehicles | 24 | €14,078 | €9,245 | -€4,833 | -34.3% |
| Current assets | 29/58 | €26,085 | €27,898 | +€1,813 | +6.9% |
| Amounts receivable within one year | 40/41 | - | €5,447 | +€5,447 | |
| Trade receivables | 40 | - | €5,447 | +€5,447 | |
| Cash at bank and in hand | 54/58 | €24,524 | €21,108 | -€3,415 | -13.9% |
| Deferred charges and accrued income | 490/1 | €1,561 | €1,342 | -€219 | -14.0% |
| Total equity and liabilities | 10/49 | €40,163 | €37,142 | -€3,021 | -7.5% |
| Equity | 10/15 | €27,476 | €30,903 | +€3,427 | +12.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,476 | €25,903 | +€3,427 | +15.2% |
| Amounts payable | 17/49 | €12,688 | €6,240 | -€6,448 | -50.8% |
| Amounts payable within one year | 42/48 | €12,688 | €6,224 | -€6,464 | -50.9% |
| Trade debts | 44 | €1,379 | €1,003 | -€376 | -27.3% |
| Suppliers | 440/4 | €1,379 | €1,003 | -€376 | -27.3% |
| Taxes, remuneration and social security | 45 | €8,712 | €3,835 | -€4,876 | -56.0% |
| Taxes | 450/3 | €8,712 | €3,835 | -€4,876 | -56.0% |
| Other amounts payable | 47/48 | €2,597 | €1,385 | -€1,211 | -46.7% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422 | €4,833 | +€4,412 | +1045.8% |
| Other operating charges | 640/8 | - | €260 | +€260 | |
| Gross operating margin | 9900 | €30,505 | €10,793 | -€19,712 | -64.6% |
| Operating profit (loss) | 9901 | €30,084 | €5,700 | -€24,384 | -81.1% |
| Financial charges | 65/66B | €27 | €40 | +€13 | +50.0% |
| Recurring financial charges | 65 | €27 | €40 | +€13 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €30,057 | €5,660 | -€24,397 | -81.2% |
| Income taxes | 67/77 | €7,581 | €2,232 | -€5,349 | -70.6% |
| Profit (loss) for the period | 9904 | €22,476 | €3,427 | -€19,048 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,476 | €3,427 | -€19,048 | -84.8% |
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 28 September 2026 via checked.be.