CM PARTNERS: what changed
Two fiscal 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 PARTNERS
Largest movements
- Cash -€27
down €27 (-4.9%), from €559 to €532
mainly Trade debts (-€2,145) and Net result for the year (-€611)
- Other debts +€2,429
up €2,429 (+4.0%), from €60,847 to €63,276
- Trade debts -€2,145
no longer reported in 2025 (was €2,145)
- Profit (loss) carried forward -€611
down €611 (-0.6%), from -€110,829 to -€111,439
- Accrued charges and deferred income +€300
new in 2025: €300
- Gross operating margin +€2,055
up €2,055 (+87.9%), from -€2,338 to -€284
- Other operating charges -€1,216
down €1,216 (-80.2%), from €1,516 to €300
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 | €559 | €532 | -€27 | -4.9% |
| Current assets | 29/58 | €559 | €532 | -€27 | -4.9% |
| Cash at bank and in hand | 54/58 | €559 | €532 | -€27 | -4.9% |
| Total equity and liabilities | 10/49 | €559 | €532 | -€27 | -4.9% |
| Equity | 10/15 | -€62,525 | -€63,136 | -€611 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,103 | €42,103 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,243 | €40,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,829 | -€111,439 | -€611 | -0.6% |
| Amounts payable | 17/49 | €63,084 | €63,668 | +€584 | +0.9% |
| Amounts payable within one year | 42/48 | €63,084 | €63,368 | +€284 | +0.4% |
| Trade debts | 44 | €2,145 | - | -€2,145 | |
| Suppliers | 440/4 | €2,145 | - | -€2,145 | |
| Taxes, remuneration and social security | 45 | €92 | €92 | = | 0.0% |
| Taxes | 450/3 | €92 | €92 | = | 0.0% |
| Other amounts payable | 47/48 | €60,847 | €63,276 | +€2,429 | +4.0% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Other operating charges | 640/8 | €1,516 | €300 | -€1,216 | -80.2% |
| Gross operating margin | 9900 | -€2,338 | -€284 | +€2,055 | +87.9% |
| Operating profit (loss) | 9901 | -€3,854 | -€584 | +€3,271 | +84.9% |
| Financial charges | 65/66B | €27 | €27 | = | 0.0% |
| Recurring financial charges | 65 | €27 | €27 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,882 | -€611 | +€3,271 | +84.3% |
| Profit (loss) for the period | 9904 | -€3,882 | -€611 | +€3,271 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,882 | -€611 | +€3,271 | +84.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.