CMB-Kiné: 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.
CMB-Kiné
Largest movements
- Cash +€90,036
up €90,036 (+77.6%), from €116,043 to €206,080
mainly Net result for the year (+€75,511) and Depreciation (+€21,399)
- Intangible fixed assets -€20,000
down €20,000 (-28.6%), from €69,945 to €49,945
- Profit (loss) carried forward +€75,511
new in 2025: €75,511
- Tax, wage and social debts +€8,253
up €8,253 (+69.3%), from €11,905 to €20,159
of which Taxes: +€8,228
- Other debts -€5,826
down €5,826 (-6.1%), from €95,999 to €90,172
- Reserves -€4,185
down €4,185 (-5.2%), from €80,998 to €76,813
- Gross operating margin +€37,876
up €37,876 (+47.7%), from €79,404 to €117,281
- Taxes +€8,202
up €8,202 (+75.5%), from €10,869 to €19,071
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 | €189,487 | €262,656 | +€73,170 | +38.6% |
| Fixed assets | 21/28 | €73,164 | €55,780 | -€17,383 | -23.8% |
| Intangible fixed assets | 21 | €69,945 | €49,945 | -€20,000 | -28.6% |
| Tangible fixed assets | 22/27 | €3,218 | €5,835 | +€2,617 | +81.3% |
| Plant, machinery and equipment | 23 | €2,808 | €1,616 | -€1,192 | -42.4% |
| Furniture and vehicles | 24 | €411 | €4,219 | +€3,808 | +927% |
| Current assets | 29/58 | €116,323 | €206,876 | +€90,553 | +77.8% |
| Cash at bank and in hand | 54/58 | €116,043 | €206,080 | +€90,036 | +77.6% |
| Deferred charges and accrued income | 490/1 | €280 | €796 | +€517 | +185% |
| Total equity and liabilities | 10/49 | €189,487 | €262,656 | +€73,170 | +38.6% |
| Equity | 10/15 | €80,999 | €152,325 | +€71,326 | +88.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €80,998 | €76,813 | -€4,185 | -5.2% |
| Distributable reserves | 133 | €80,998 | €76,813 | -€4,185 | -5.2% |
| Profit (loss) carried forward | 14 | - | €75,511 | +€75,511 | |
| Amounts payable | 17/49 | €108,487 | €110,331 | +€1,844 | +1.7% |
| Amounts payable within one year | 42/48 | €108,487 | €110,331 | +€1,844 | +1.7% |
| Trade debts | 44 | €583 | €0 | -€583 | -100% |
| Suppliers | 440/4 | €583 | €0 | -€583 | -100% |
| Taxes, remuneration and social security | 45 | €11,905 | €20,159 | +€8,253 | +69.3% |
| Taxes | 450/3 | €11,905 | €20,133 | +€8,228 | +69.1% |
| Remuneration and social security | 454/9 | - | €26 | +€26 | |
| Other amounts payable | 47/48 | €95,999 | €90,172 | -€5,826 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,386 | €21,399 | +€13 | +0.1% |
| Other operating charges | 640/8 | €1,113 | €1,150 | +€38 | +3.4% |
| Gross operating margin | 9900 | €79,404 | €117,281 | +€37,876 | +47.7% |
| Operating profit (loss) | 9901 | €56,906 | €94,732 | +€37,826 | +66.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €0 | €150 | +€150 | +749,900% |
| Recurring financial charges | 65 | €0 | €150 | +€150 | +749,900% |
| Profit (loss) for the period before taxes | 9903 | €56,906 | €94,582 | +€37,676 | +66.2% |
| Income taxes | 67/77 | €10,869 | €19,071 | +€8,202 | +75.5% |
| Profit (loss) for the period | 9904 | €46,037 | €75,511 | +€29,474 | +64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,037 | €75,511 | +€29,474 | +64.0% |
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 16 October 2026 via checked.be.