CM CHAUFFAGE: 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 CHAUFFAGE
Largest movements
- Receivables within one year +€14,759
up €14,759 (+76.6%), from €19,278 to €34,037
of which Trade receivables: +€16,234
- Cash -€3,599
down €3,599 (-31.7%), from €11,356 to €7,758
mainly Receivables within one year (-€14,759) and Trade debts (-€3,558)
- Tangible fixed assets -€841
down €841 (-60.4%), from €1,393 to €552
of which Plant, machinery and equipment: -€522
- Debts after one year +€9,355
new in 2025: €9,355
- Current portion of long-term debt +€6,849
new in 2025: €6,849
- Trade debts -€3,558
down €3,558 (-18.7%), from €19,071 to €15,514
- Accrued charges and deferred income -€2,753
no longer reported in 2025 (was €2,753)
- Tax, wage and social debts +€2,426
up €2,426 (+29.2%), from €8,319 to €10,745
of which Remuneration and social security: +€2,918
- Staff costs +€19,913
up €19,913 (+69.4%), from €28,688 to €48,601
- Gross operating margin +€15,112
up €15,112 (+43.7%), from €34,547 to €49,659
- Other operating charges -€763
down €763 (-53.8%), from €1,418 to €655
- Taxes -€641
no longer reported in 2025 (was €641)
- Financial charges +€608
up €608 (+52.7%), from €1,153 to €1,761
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 | €34,528 | €44,846 | +€10,319 | +29.9% |
| Fixed assets | 21/28 | €1,393 | €552 | -€841 | -60.4% |
| Tangible fixed assets | 22/27 | €1,393 | €552 | -€841 | -60.4% |
| Plant, machinery and equipment | 23 | €1,074 | €552 | -€522 | -48.6% |
| Furniture and vehicles | 24 | €319 | €0 | -€319 | -100% |
| Current assets | 29/58 | €33,135 | €44,295 | +€11,160 | +33.7% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,278 | €34,037 | +€14,759 | +76.6% |
| Trade receivables | 40 | €11,515 | €27,749 | +€16,234 | +141% |
| Other amounts receivable | 41 | €7,764 | €6,288 | -€1,475 | -19.0% |
| Cash at bank and in hand | 54/58 | €11,356 | €7,758 | -€3,599 | -31.7% |
| Total equity and liabilities | 10/49 | €34,528 | €44,846 | +€10,319 | +29.9% |
| Equity | 10/15 | €4,384 | €2,384 | -€2,000 | -45.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,384 | €384 | -€2,000 | -83.9% |
| Amounts payable | 17/49 | €30,144 | €42,462 | +€12,318 | +40.9% |
| Amounts payable after more than one year | 17 | - | €9,355 | +€9,355 | |
| Financial debts | 170/4 | - | €9,355 | +€9,355 | |
| Amounts payable within one year | 42/48 | €27,391 | €33,107 | +€5,717 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | - | €6,849 | +€6,849 | |
| Trade debts | 44 | €19,071 | €15,514 | -€3,558 | -18.7% |
| Suppliers | 440/4 | €19,071 | €15,514 | -€3,558 | -18.7% |
| Taxes, remuneration and social security | 45 | €8,319 | €10,745 | +€2,426 | +29.2% |
| Taxes | 450/3 | €2,069 | €1,576 | -€492 | -23.8% |
| Remuneration and social security | 454/9 | €6,251 | €9,169 | +€2,918 | +46.7% |
| Accrued charges and deferred income | 492/3 | €2,753 | - | -€2,753 | |
| Remuneration, social security and pensions | 62 | €28,688 | €48,601 | +€19,913 | +69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,001 | €841 | -€160 | -16.0% |
| Other operating charges | 640/8 | €1,418 | €655 | -€763 | -53.8% |
| Gross operating margin | 9900 | €34,547 | €49,659 | +€15,112 | +43.7% |
| Operating profit (loss) | 9901 | €3,440 | -€438 | -€3,877 | |
| Financial income | 75/76B | €42 | €199 | +€158 | +379% |
| Recurring financial income | 75 | €42 | €199 | +€158 | +379% |
| Financial charges | 65/66B | €1,153 | €1,761 | +€608 | +52.7% |
| Recurring financial charges | 65 | €1,153 | €1,761 | +€608 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €2,328 | -€2,000 | -€4,327 | |
| Income taxes | 67/77 | €641 | - | -€641 | |
| Profit (loss) for the period | 9904 | €1,687 | -€2,000 | -€3,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,687 | -€2,000 | -€3,687 |
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 31 October 2026 via checked.be.