CM Expertises: 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 Expertises
Largest movements
- Cash +€36,274
up €36,274 (+115.8%), from €31,314 to €67,588
mainly Net result for the year (+€28,719) and Tax, wage and social debts (+€11,897)
- Tangible fixed assets -€2,007
down €2,007 (-22.6%), from €8,872 to €6,865
- Profit (loss) carried forward +€28,719
up €28,719 (+98.3%), from €29,226 to €57,945
- Tax, wage and social debts +€11,897
up €11,897 (+71.6%), from €16,627 to €28,524
of which Taxes: +€14,697
- Debts after one year -€6,478
no longer reported in 2025 (was €6,478)
- Gross operating margin +€6,408
up €6,408 (+17.9%), from €35,828 to €42,236
- Taxes +€3,255
up €3,255 (+48.7%), from €6,681 to €9,936
- Depreciation +€844
up €844 (+72.6%), from €1,163 to €2,007
- Financial charges +€773
up €773 (+660.1%), from €117 to €890
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 | €59,182 | €93,653 | +€34,472 | +58.2% |
| Fixed assets | 21/28 | €8,872 | €6,865 | -€2,007 | -22.6% |
| Tangible fixed assets | 22/27 | €8,872 | €6,865 | -€2,007 | -22.6% |
| Furniture and vehicles | 24 | €8,872 | €6,865 | -€2,007 | -22.6% |
| Current assets | 29/58 | €50,309 | €86,788 | +€36,479 | +72.5% |
| Amounts receivable within one year | 40/41 | €16,893 | €16,801 | -€92 | -0.5% |
| Trade receivables | 40 | €15,935 | €16,801 | +€865 | +5.4% |
| Other amounts receivable | 41 | €958 | - | -€958 | |
| Cash at bank and in hand | 54/58 | €31,314 | €67,588 | +€36,274 | +115.8% |
| Deferred charges and accrued income | 490/1 | €2,102 | €2,399 | +€297 | +14.1% |
| Total equity and liabilities | 10/49 | €59,182 | €93,653 | +€34,472 | +58.2% |
| Equity | 10/15 | €34,226 | €62,945 | +€28,719 | +83.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,226 | €57,945 | +€28,719 | +98.3% |
| Amounts payable | 17/49 | €24,956 | €30,709 | +€5,753 | +23.1% |
| Amounts payable after more than one year | 17 | €6,478 | - | -€6,478 | |
| Other amounts payable | 178/9 | €6,478 | €0 | -€6,478 | -100.0% |
| Amounts payable within one year | 42/48 | €18,478 | €30,709 | +€12,231 | +66.2% |
| Trade debts | 44 | €1,851 | €2,185 | +€334 | +18.0% |
| Suppliers | 440/4 | €1,851 | €2,185 | +€334 | +18.0% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €16,627 | €28,524 | +€11,897 | +71.6% |
| Taxes | 450/3 | €13,827 | €28,524 | +€14,697 | +106.3% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,163 | €2,007 | +€844 | +72.6% |
| Other operating charges | 640/8 | €637 | €689 | +€52 | +8.1% |
| Gross operating margin | 9900 | €35,828 | €42,236 | +€6,408 | +17.9% |
| Operating profit (loss) | 9901 | €34,028 | €39,540 | +€5,512 | +16.2% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €117 | €890 | +€773 | +660.1% |
| Recurring financial charges | 65 | €117 | €890 | +€773 | +660.1% |
| Profit (loss) for the period before taxes | 9903 | €33,911 | €38,655 | +€4,744 | +14.0% |
| Income taxes | 67/77 | €6,681 | €9,936 | +€3,255 | +48.7% |
| Profit (loss) for the period | 9904 | €27,230 | €28,719 | +€1,489 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,230 | €28,719 | +€1,489 | +5.5% |
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 11 October 2026 via checked.be.