CM ASSOCIES: what changed
What changed
CM ASSOCIES
filed annual accounts (NBB)
Net result for the year
-€6,933
2023 · -€8,000+€1,066
Equity
€60,963
2023 · €67,896-€6,933
Cash
€158
2023 · €43+€115
Balance sheet total
€101,421
2023 · €106,084-€4,663
Largest movements
Assets
- Tangible fixed assets -€4,543
down €4,543 (-4.3%), from €104,690 to €100,146
Equity and liabilities
- Profit (loss) carried forward -€6,933
down €6,933 (-2,281%), from -€304 to -€7,237
- Other debts +€2,021
up €2,021 (+10.1%), from €20,045 to €22,066
Income statement
- Gross operating margin +€990
up €990 (+69.8%), from -€1,418 to -€428
- Purchases and services -€990
down €990 (-13.3%), from €7,418 to €6,428
- Depreciation -€231
down €231 (-4.8%), from €4,774 to €4,543
- Financial charges +€78
up €78 (+9.8%), from €797 to €876
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€8,000
Gross operating margin
+€990
Depreciation
+€231
Other operating charges
-€42
Financial income
-€34
Financial charges
-€78
Taxes
-€0
Result 2024
-€6,933
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€156
Investment
+€270
Financing
€0
Cash 2023
€43
From operations (derived)
-€156
Net result for the year
-€6,933
Depreciation
+€4,543
Deferred charges and accrued income
-€36
Tax, wage and social debts
+€249
Other debts
+€2,021
Investment (derived)
+€270
Investment in fixed assets (net)
+€231
Current investments
+€39
Cash 2024
€158
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,084 | €101,421 | -€4,663 | -4.4% |
| Formation expenses | 20 | - | €231 | +€231 | |
| Fixed assets | 21/28 | €105,151 | €100,146 | -€5,005 | -4.8% |
| Intangible fixed assets | 21 | €461 | - | -€461 | |
| Tangible fixed assets | 22/27 | €104,690 | €100,146 | -€4,543 | -4.3% |
| Land and buildings | 22 | €104,690 | €100,146 | -€4,543 | -4.3% |
| Current assets | 29/58 | €933 | €1,044 | +€111 | +11.9% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Current investments | 50/53 | €139 | €100 | -€39 | -28.3% |
| Cash at bank and in hand | 54/58 | €43 | €158 | +€115 | +264% |
| Deferred charges and accrued income | 490/1 | €750 | €786 | +€36 | +4.8% |
| Total equity and liabilities | 10/49 | €106,084 | €101,421 | -€4,663 | -4.4% |
| Equity | 10/15 | €67,896 | €60,963 | -€6,933 | -10.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€304 | -€7,237 | -€6,933 | -2,281% |
| Amounts payable | 17/49 | €38,188 | €40,459 | +€2,271 | +5.9% |
| Amounts payable within one year | 42/48 | €38,188 | €40,459 | +€2,271 | +5.9% |
| Trade debts | 44 | €17,726 | €17,726 | = | 0.0% |
| Suppliers | 440/4 | €17,726 | €17,726 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €417 | €667 | +€249 | +59.7% |
| Taxes | 450/3 | €417 | €667 | +€249 | +59.7% |
| Other amounts payable | 47/48 | €20,045 | €22,066 | +€2,021 | +10.1% |
| Turnover | 70 | €6,000 | €6,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,418 | €6,428 | -€990 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,774 | €4,543 | -€231 | -4.8% |
| Other operating charges | 640/8 | €1,049 | €1,090 | +€42 | +4.0% |
| Gross operating margin | 9900 | -€1,418 | -€428 | +€990 | +69.8% |
| Operating profit (loss) | 9901 | -€7,241 | -€6,062 | +€1,179 | +16.3% |
| Financial income | 75/76B | €38 | €4 | -€34 | -88.6% |
| Recurring financial income | 75 | €38 | €4 | -€34 | -88.6% |
| Financial charges | 65/66B | €797 | €876 | +€78 | +9.8% |
| Recurring financial charges | 65 | €797 | €876 | +€78 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,000 | -€6,933 | +€1,067 | +13.3% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +118% |
| Profit (loss) for the period | 9904 | -€8,000 | -€6,933 | +€1,066 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,000 | -€6,933 | +€1,066 | +13.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.