CMA PARTNERS: 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.
CMA PARTNERS
Largest movements
- Cash +€29,570
up €29,570 (+60.3%), from €49,064 to €78,634
mainly Net result for the year (+€82,723) and Other debts (+€9,269)
- Receivables within one year +€26,694
up €26,694 (+47.7%), from €55,997 to €82,691
of which Other amounts receivable: +€26,746
- Profit (loss) carried forward +€42,723
up €42,723 (+95.7%), from €44,652 to €87,375
- Other debts +€9,269
up €9,269 (+26.2%), from €35,331 to €44,600
- Trade debts +€4,192
up €4,192 (+200%), from €2,097 to €6,289
- Gross operating margin +€28,284
up €28,284 (+33.9%), from €83,531 to €111,815
- Taxes +€5,619
up €5,619 (+31.9%), from €17,635 to €23,254
- Write-downs +€4,535
new in 2025: €4,535
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 | €108,249 | €163,319 | +€55,069 | +50.9% |
| Fixed assets | 21/28 | €3,103 | €1,906 | -€1,197 | -38.6% |
| Intangible fixed assets | 21 | €2,385 | €1,885 | -€500 | -21.0% |
| Tangible fixed assets | 22/27 | €718 | €21 | -€697 | -97.1% |
| Furniture and vehicles | 24 | €718 | €21 | -€697 | -97.1% |
| Current assets | 29/58 | €105,146 | €161,412 | +€56,266 | +53.5% |
| Amounts receivable within one year | 40/41 | €55,997 | €82,691 | +€26,694 | +47.7% |
| Trade receivables | 40 | €33,632 | €33,580 | -€51 | -0.2% |
| Other amounts receivable | 41 | €22,365 | €49,110 | +€26,746 | +120% |
| Cash at bank and in hand | 54/58 | €49,064 | €78,634 | +€29,570 | +60.3% |
| Deferred charges and accrued income | 490/1 | €85 | €87 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €108,249 | €163,319 | +€55,069 | +50.9% |
| Equity | 10/15 | €49,652 | €92,375 | +€42,723 | +86.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,652 | €87,375 | +€42,723 | +95.7% |
| Amounts payable | 17/49 | €58,598 | €70,944 | +€12,346 | +21.1% |
| Amounts payable within one year | 42/48 | €58,598 | €70,944 | +€12,346 | +21.1% |
| Trade debts | 44 | €2,097 | €6,289 | +€4,192 | +200% |
| Suppliers | 440/4 | €2,097 | €6,289 | +€4,192 | +200% |
| Taxes, remuneration and social security | 45 | €21,170 | €20,055 | -€1,115 | -5.3% |
| Taxes | 450/3 | €19,170 | €18,055 | -€1,115 | -5.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €35,331 | €44,600 | +€9,269 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €972 | €1,197 | +€225 | +23.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,535 | +€4,535 | |
| Gross operating margin | 9900 | €83,531 | €111,815 | +€28,284 | +33.9% |
| Operating profit (loss) | 9901 | €82,559 | €106,083 | +€23,525 | +28.5% |
| Financial income | 75/76B | €0 | €838 | +€838 | +8,378,400% |
| Recurring financial income | 75 | €0 | €838 | +€838 | +8,378,400% |
| Financial charges | 65/66B | €1,376 | €944 | -€432 | -31.4% |
| Recurring financial charges | 65 | €1,376 | €944 | -€432 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €81,183 | €105,977 | +€24,794 | +30.5% |
| Income taxes | 67/77 | €17,635 | €23,254 | +€5,619 | +31.9% |
| Profit (loss) for the period | 9904 | €63,548 | €82,723 | +€19,175 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,548 | €82,723 | +€19,175 | +30.2% |
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 17 October 2026 via checked.be.