CM AFSLUITINGEN: 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.
CM AFSLUITINGEN
Largest movements
- Cash -€18,469
down €18,469 (-30.3%), from €60,978 to €42,509
mainly Receivables within one year (-€14,172) and Investment in fixed assets (net) (-€9,432)
- Receivables within one year +€14,172
up €14,172 (+75.1%), from €18,881 to €33,053
of which Trade receivables: +€13,548
- Stocks and contracts +€2,855
up €2,855 (+7.9%), from €36,348 to €39,203
- Tangible fixed assets +€2,829
up €2,829 (+11.4%), from €24,833 to €27,661
of which Other tangible fixed assets: +€9,277
- Reserves +€9,927
up €9,927 (+17.3%), from €57,376 to €67,303
- Other debts -€8,337
down €8,337 (-13.1%), from €63,822 to €55,485
- Tax, wage and social debts -€1,890
no longer reported in 2025 (was €1,890)
- Accrued charges and deferred income +€1,720
new in 2025: €1,720
- Depreciation +€934
up €934 (+16.5%), from €5,670 to €6,603
- Taxes -€612
down €612 (-16.1%), from €3,807 to €3,195
- Gross operating margin +€331
up €331 (+1.6%), from €21,307 to €21,638
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.
Derived cash bridge
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 | €141,680 | €143,100 | +€1,420 | +1.0% |
| Fixed assets | 21/28 | €24,968 | €27,796 | +€2,829 | +11.3% |
| Tangible fixed assets | 22/27 | €24,833 | €27,661 | +€2,829 | +11.4% |
| Land and buildings | 22 | €16,872 | €12,654 | -€4,218 | -25.0% |
| Plant, machinery and equipment | 23 | €4,743 | €3,668 | -€1,075 | -22.7% |
| Furniture and vehicles | 24 | €3,217 | €2,062 | -€1,155 | -35.9% |
| Other tangible fixed assets | 26 | - | €9,277 | +€9,277 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €116,713 | €115,304 | -€1,409 | -1.2% |
| Stocks and contracts in progress | 3 | €36,348 | €39,203 | +€2,855 | +7.9% |
| Stocks | 30/36 | €36,348 | €39,203 | +€2,855 | +7.9% |
| Amounts receivable within one year | 40/41 | €18,881 | €33,053 | +€14,172 | +75.1% |
| Trade receivables | 40 | €14,881 | €28,429 | +€13,548 | +91.0% |
| Other amounts receivable | 41 | €4,000 | €4,624 | +€624 | +15.6% |
| Cash at bank and in hand | 54/58 | €60,978 | €42,509 | -€18,469 | -30.3% |
| Deferred charges and accrued income | 490/1 | €506 | €539 | +€33 | +6.5% |
| Total equity and liabilities | 10/49 | €141,680 | €143,100 | +€1,420 | +1.0% |
| Equity | 10/15 | €75,968 | €85,895 | +€9,927 | +13.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €57,376 | €67,303 | +€9,927 | +17.3% |
| Distributable reserves | 133 | €57,376 | €67,303 | +€9,927 | +17.3% |
| Amounts payable | 17/49 | €65,712 | €57,205 | -€8,508 | -12.9% |
| Amounts payable within one year | 42/48 | €65,712 | €55,485 | -€10,228 | -15.6% |
| Taxes, remuneration and social security | 45 | €1,890 | - | -€1,890 | |
| Taxes | 450/3 | €1,890 | - | -€1,890 | |
| Other amounts payable | 47/48 | €63,822 | €55,485 | -€8,337 | -13.1% |
| Accrued charges and deferred income | 492/3 | - | €1,720 | +€1,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,670 | €6,603 | +€934 | +16.5% |
| Other operating charges | 640/8 | €1,743 | €1,670 | -€73 | -4.2% |
| Gross operating margin | 9900 | €21,307 | €21,638 | +€331 | +1.6% |
| Operating profit (loss) | 9901 | €13,894 | €13,364 | -€530 | -3.8% |
| Financial income | 75/76B | €0 | €1 | +€0 | +56.1% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +56.1% |
| Financial charges | 65/66B | €326 | €242 | -€83 | -25.6% |
| Recurring financial charges | 65 | €326 | €242 | -€83 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €13,569 | €13,123 | -€446 | -3.3% |
| Income taxes | 67/77 | €3,807 | €3,195 | -€612 | -16.1% |
| Profit (loss) for the period | 9904 | €9,762 | €9,927 | +€165 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,762 | €9,927 | +€165 | +1.7% |
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 22 October 2026 via checked.be.