CM HDG BEL: 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 HDG BEL
Largest movements
- Receivables within one year +€12,515
up €12,515 (+17,485%), from €72 to €12,587
of which Trade receivables: +€11,840
- Cash +€285
up €285 (+65.4%), from €435 to €720
- Profit (loss) carried forward +€9,037
up €9,037 (+68.2%), from -€13,243 to -€4,206
- Trade debts +€8,624
up €8,624 (+216%), from €3,986 to €12,610
- Other debts -€5,941
down €5,941 (-71.9%), from €8,263 to €2,322
- Tax, wage and social debts +€1,080
new in 2024: €1,080
- Gross operating margin +€21,006
up €21,006, from -€10,184 to €10,821
- Taxes +€810
new in 2024: €810
- Other operating charges +€684
new in 2024: €684
- Financial charges +€145
up €145 (+94.7%), from €153 to €299
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €507 | €13,307 | +€12,800 | +2,526% |
| Current assets | 29/58 | €507 | €13,307 | +€12,800 | +2,526% |
| Amounts receivable within one year | 40/41 | €72 | €12,587 | +€12,515 | +17,485% |
| Trade receivables | 40 | - | €11,840 | +€11,840 | |
| Other amounts receivable | 41 | €72 | €747 | +€675 | +944% |
| Cash at bank and in hand | 54/58 | €435 | €720 | +€285 | +65.4% |
| Total equity and liabilities | 10/49 | €507 | €13,307 | +€12,800 | +2,526% |
| Equity | 10/15 | -€11,743 | -€2,706 | +€9,037 | +77.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,243 | -€4,206 | +€9,037 | +68.2% |
| Amounts payable | 17/49 | €12,249 | €16,012 | +€3,763 | +30.7% |
| Amounts payable within one year | 42/48 | €12,249 | €16,012 | +€3,763 | +30.7% |
| Trade debts | 44 | €3,986 | €12,610 | +€8,624 | +216% |
| Suppliers | 440/4 | €3,986 | €12,610 | +€8,624 | +216% |
| Taxes, remuneration and social security | 45 | - | €1,080 | +€1,080 | |
| Taxes | 450/3 | - | €1,080 | +€1,080 | |
| Other amounts payable | 47/48 | €8,263 | €2,322 | -€5,941 | -71.9% |
| Other operating charges | 640/8 | - | €684 | +€684 | |
| Gross operating margin | 9900 | -€10,184 | €10,821 | +€21,006 | |
| Operating profit (loss) | 9901 | -€10,184 | €10,137 | +€20,321 | |
| Financial charges | 65/66B | €153 | €299 | +€145 | +94.7% |
| Recurring financial charges | 65 | €153 | €299 | +€145 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,338 | €9,838 | +€20,176 | |
| Income taxes | 67/77 | - | €810 | +€810 | |
| Profit (loss) for the period | 9904 | -€10,338 | €9,028 | +€19,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,338 | €9,028 | +€19,366 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.