CM Towers: 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 Towers
Largest movements
- Cash -€2,962
down €2,962 (-85.2%), from €3,476 to €514
mainly Net result for the year (-€5,094)
- Profit (loss) carried forward -€5,094
down €5,094 (-14.4%), from -€35,348 to -€40,442
- Trade debts +€2,132
up €2,132 (+276%), from €772 to €2,904
- Gross operating margin -€8,463
down €8,463 (-142%), from -€5,957 to -€14,420
- Financial charges -€3,908
down €3,908 (-8.2%), from €47,629 to €43,721
- Financial income +€1,092
up €1,092 (+2.1%), from €52,629 to €53,721
- Other operating charges +€287
up €287 (+74.2%), from €387 to €675
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 | €3,476 | €514 | -€2,962 | -85.2% |
| Current assets | 29/58 | €3,476 | €514 | -€2,962 | -85.2% |
| Cash at bank and in hand | 54/58 | €3,476 | €514 | -€2,962 | -85.2% |
| Total equity and liabilities | 10/49 | €3,476 | €514 | -€2,962 | -85.2% |
| Equity | 10/15 | -€16,748 | -€21,842 | -€5,094 | -30.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,348 | -€40,442 | -€5,094 | -14.4% |
| Amounts payable | 17/49 | €20,224 | €22,356 | +€2,132 | +10.5% |
| Amounts payable within one year | 42/48 | €20,224 | €22,356 | +€2,132 | +10.5% |
| Trade debts | 44 | €772 | €2,904 | +€2,132 | +276% |
| Suppliers | 440/4 | €772 | €2,904 | +€2,132 | +276% |
| Taxes, remuneration and social security | 45 | €19,452 | €19,452 | = | 0.0% |
| Taxes | 450/3 | €19,452 | €19,452 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €675 | +€287 | +74.2% |
| Gross operating margin | 9900 | -€5,957 | -€14,420 | -€8,463 | -142% |
| Operating profit (loss) | 9901 | -€6,344 | -€15,094 | -€8,750 | -138% |
| Financial income | 75/76B | €52,629 | €53,721 | +€1,092 | +2.1% |
| Recurring financial income | 75 | €52,629 | €53,721 | +€1,092 | +2.1% |
| Financial charges | 65/66B | €47,629 | €43,721 | -€3,908 | -8.2% |
| Recurring financial charges | 65 | €47,629 | €43,721 | -€3,908 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,344 | -€5,094 | -€3,750 | -279% |
| Profit (loss) for the period | 9904 | -€1,344 | -€5,094 | -€3,750 | -279% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,344 | -€5,094 | -€3,750 | -279% |
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 21 October 2026 via checked.be.